As of September 30, 2026 and December 31, 2025, the Company’s goodwill was $670.4 million. The Company did not record an impairment charge on goodwill during either of the three and nine months ended September 30, 2026 and 2025.


	As of September 30, 2026						As of December 31, 2025
	Gross carrying value		Accumulated amortization		Net carrying value		Gross carrying value		Accumulated amortization		Net carrying value
	(in thousands)
Intangible assets:
Customer relationships	$	69,100	$	(51,825)	$	17,275	$	69,100	$	(45,347)	$	23,753
Developed technology	49,500		(49,500)		—		49,500		(49,500)		—
Trade names	3,300		(3,300)		—		3,300		(3,300)		—
Internet protocol addresses and other	5,931		(3,313)		2,618		4,984		(2,966)		2,018
Total intangible assets	$	127,831	$	(107,938)	$	19,893	$	126,884	$	(101,113)	$	25,771

During the three months ended September 30, 2026, the Company capitalized $0.9 million of intangible assets, consisting primarily of internet protocol addresses to be amortized on a straight-line basis over an estimated useful life of 10 years.

Amortization expense was $2.3 million and $4.8 million for the three months ended September 30, 2026 and 2025, respectively. Amortization expense was $6.8 million and $14.5 million for the nine months ended September 30, 2026 and 2025, respectively.

The expected amortization expense of intangible assets subject to amortization as of September 30, 2026 is as follows:


	As of September 30, 2026
	(in thousands)
Remainder of 2026	$	2,286
2027	9,145
2028	6,986
2029	473
2030	376
Thereafter	627
Total	$	19,893