v3.26.3
Revenue and Recognition
 9 Months Ended
Sep. 30, 2026
Revenue Recognition [Abstract]  
Revenue and Recognition Revenue and Recognition
The following table presents revenue disaggregated by geographical area and major solutions. The categorization of revenue by geographical location is determined based on the location where the client resides.
Three Months Ended September 30,Nine Months Ended September 30,
(in thousands)2026202520262025
Primary geographical markets
Americas$113,142 $92,143 $284,264 $211,361 
EMEA105,831 82,945 235,079 185,170 
APAC31,327 25,050 86,813 68,950 
Total revenue$250,300 $200,138 $606,156 $465,481 
Major solutions
Transactions$215,105 $167,185 $506,208 $376,249 
Platform and other revenues35,195 32,953 99,948 89,232 
Total revenue$250,300 $200,138 $606,156 $465,481 
For the three months ended September 30, 2026 and 2025, the Company recognized $2.7 million and $0.7 million in revenue from amounts that were included in deferred revenue as of December 31, 2025 and 2024, respectively. For the nine months ended September 30, 2026 and 2025, the Company recognized $18.3 million and $6.4 million in revenue from amounts that were included in deferred revenue as of December 31, 2025 and 2024, respectively.
Remaining Performance Obligations
The Company has performance obligations associated with certain clients' contracts for future services that have not yet been recognized as revenue. As of September 30, 2026, the aggregate amount of transaction price allocated to performance obligations that are unsatisfied or partially unsatisfied, including deferred revenue, was approximately $20.3 million. Of the total remaining performance obligations, the Company expects to recognize approximately 53.6% within the next year, 20.9% after one year through year two, and 25.5% over the next three to five years thereafter. Actual amounts and timing of revenue recognized may differ due to subsequent contract modifications, renewals and/or terminations.