Property and equipment, net consisted of the following:




	September 30, 2026		December 31, 2025
Servers and related equipment	$	1,072,894	$	933,576
Equipment under finance leases	758,859		13,316
Equipment under financing obligations	200,490		131,503
Internal-use software	138,213		121,735
Leasehold improvements	655		412
Furniture and fixtures	438		262
Property and equipment, gross	$	2,171,549	$	1,200,804

Less: accumulated depreciation	$	(665,568)	$	(524,829)
Less: accumulated amortization	(98,276)		(86,881)
Property and equipment, net	$	1,407,705	$	589,094

Depreciation expense on property and equipment was $66,087, and $28,062 for the three months ended September 30, 2026 and 2025, respectively, and $145,308, and $75,410 for the nine months ended September 30, 2026 and 2025, respectively.

Capitalized costs related to the development of computer software for internal use were $7,056 and $3,881 for the three months ended September 30, 2026 and 2025, respectively, and $16,737 and $8,168 for the nine months ended September 30, 2026 and 2025, respectively, which are included in internal-use software costs within property and equipment, net. Amortization expense related to internal-use and purchased software was $3,984 and $2,084 for the three months ended September 30, 2026 and 2025, respectively, and $11,384 and $6,483 for the nine months ended September 30, 2026 and 2025, respectively.