Other Assets

9 Months Ended

Sep. 30, 2026

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

9 — Other Assets

As of September 30, 2026 and December 31, 2025, other assets consisted of:


	September 30,		December 31,
	2026		2025

	in thousands
Capitalized software-as-a-service ("SaaS") implementation costs	$	61,639	$	56,971
Prepaid selling, general, and administrative expenses	21,135		20,707
Inventory (1)	34,771		12,410
Property and equipment, net	14,404		16,253
Lease right-of-use assets (2)	34,874		40,657
Contract assets	2,377		18,233
Costs to obtain contracts with customers	7,994		9,965
Ceded commission receivable	17,398		8,004
Other investments (3)	10,896		10,135
Accrued investment income	6,480		5,613
Deferred financing costs related to revolving credit facilities	2,900		3,707
Other (4)	8,688		5,331
Other assets	$	223,556	$	207,986

(1) Inventory primarily includes vehicles owned by Broad Arrow that have been purchased for resale purposes.

(2) Refer to Note 10 — Leases for additional information.

(3) Other investments includes strategic investments, which are classified as Level 3 within the fair value hierarchy. Based on the nature and size of these investments, the carrying values approximate their fair values.

(4) As of September 30, 2026, Other primarily included a $3.4 million claims reimbursement owed by a ceding insurance carrier, $2.7 million of collector vehicle investments, $1.2 million of business tax recoverables, and $1.0 million related to capitalized digital media content. As of December 31, 2025, Other primarily included $2.7 million of collector vehicle investments, $1.4 million related to capitalized digital media content, and $1.0 million of business tax recoverables.