v3.26.3
Property and Equipment, Net
 9 Months Ended
Sep. 30, 2026
Property, Plant, and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
Property and equipment, net consisted of the following (in thousands):
September 30,
2026		December 31,
2025
Data center equipment
$117,853 $95,958 
Leased and financed data center equipment(1)
76,639 66,569 
Computer equipment
2,227 2,286 
Leasehold improvements
967 181 
Construction-in-progress
16 89 
Total property and equipment
197,702 165,083 
Less: accumulated depreciation and amortization
(118,249)(107,773)
Total property and equipment, net
$79,453 $57,310 
________________
(1) The net book value of the Company’s equipment under finance lease agreements and lease financing obligations was $60.5 million and $45.7 million as of September 30, 2026 and December 31, 2025, respectively.

As of September 30, 2026, the Company had $1.2 million in accruals related to the purchases of property and equipment.

The following table presents property and equipment, net and operating lease right-of-use assets by geographic region (in thousands):
September 30,
2026		December 31, 2025
United States$95,480 $67,193 
Canada2,528 2,871 
The Netherlands18,927 9,959 
Total property and equipment, net and operating lease right-of-use assets$116,935 $80,023