v3.26.3
Revenue
 9 Months Ended
Sep. 30, 2026
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
Revenue by geography is based on the billing address of the customer. Aside from the United States, no other single country accounted for 10% or more of revenue for the three and nine months ended September 30, 2026 and 2025. The following table presents the Company’s net revenue by geographic region:
Three months ended September 30,Nine months ended September 30,
2026202520262025
(in thousands)
United States$132,260 $114,168 $383,871 $337,469 
All other countries
57,933 44,055 162,660 113,937 
Total revenue$190,193 $158,223 $546,531 $451,406 
Contract Balances

The Company records a contract asset, or unbilled receivable, when a contractual right to consideration exists for both completed and partially completed performance obligations that have not been invoiced. Contract assets are typically related to the Company's subscription services and platform usage. Contract assets are included in accounts receivable, net on the Company's condensed consolidated balance sheets.
The Company records a contract liability, or deferred revenue, when a contract is billed to customers in advance of revenue being recognized. Deferred revenue primarily consists of the unearned portions of billings for the Company’s services. Contract liabilities are included in deferred revenue for the current portion and other long-term liabilities for the long-term portion on the condensed consolidated balance sheets.
The following table presents the Company’s contract assets and contract liabilities as of September 30, 2026 and as of December 31, 2025:
As of September 30, 2026As of December 31, 2025
(in thousands)
Contract assets
$963 $1,668 
Contract liabilities$35,287 $40,819 
The following table presents revenue recognized during the three and nine months ended September 30, 2026 and 2025 from amounts included in contract liability at the beginning of the period:
Three months ended September 30,Nine months ended September 30,
2026202520262025
(in thousands)
Revenue recognized in the period from amounts included in contract liability at the beginning of the period$14,309 $16,249 $30,865 $25,741 
Remaining Performance Obligations (“RPO”)
Revenue allocated to remaining performance obligations represents contracted revenue that has not yet been recognized, which includes deferred revenue and unbilled amounts that will be recognized as revenue in future periods for non-cancelable subscription arrangements and usage commitments. The Company’s RPO excludes performance obligations from on-demand arrangements when there are no minimum purchase commitments associated with these arrangements.
As of September 30, 2026, the aggregate amount of the transaction price in the Company's contracts allocated to remaining performance obligations that are unsatisfied or partially unsatisfied was $333.5 million. As of September 30, 2026, the Company expects to recognize approximately 81% of its remaining performance obligations over the next 12 months. The Company’s typical contractual term with its customers is one year, although terms may vary by contract.