v3.26.3
Leases
 9 Months Ended
Sep. 30, 2026
Leases [Abstract]  
Leases Leases
The Company has operating leases for corporate offices and data centers (“colocation” leases). The Company’s operating leases have remaining lease terms ranging from less than 1 year to 8 years, some of which include options to extend the leases.
The components of operating lease cost were as follows:
Three months ended September 30,Nine months ended September 30,
2026202520262025
(in thousands)
Operating lease cost$9,821 $6,687 $25,354 $19,988 
Variable lease cost6,088 5,269 17,484 15,397 
Total operating lease costs$15,909 $11,956 $42,838 $35,385 
The short-term lease costs were not material for either of the three and nine months ended September 30, 2026 and 2025.
As of September 30, 2026As of December 31, 2025
Weighted Average Remaining Lease Term (in years)3.574.39
Weighted Average Discount Rate7.18 %7.16 %
Future minimum lease payments under non-cancelable operating leases as of September 30, 2026 were as follows:
(in thousands)
Remaining 2026$13,095 
202736,765 
202819,826 
20299,012 
20305,167 
Thereafter15,302 
Total future minimum lease payments$99,167 
Less: imputed interest(12,925)
Present value of operating lease liabilities$86,242