XML 42 R29.htm IDEA: XBRL DOCUMENT v3.25.0.1
Revenue (Tables)
 12 Months Ended
Dec. 31, 2024
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following table summarizes the revenue by region based on the billing address of customers who have contracted to use the Company’s global network and products:
Year Ended December 31,
202420232022
(dollars in thousands)
AmountPercentage
of Revenue		AmountPercentage
of Revenue		AmountPercentage
of Revenue
United States$849,500 51 %$678,184 52 %$515,722 53 %
Europe, Middle East, and Africa
466,499 28 %356,569 28 %258,291 26 %
Asia Pacific223,234 13 %168,826 13 %133,353 14 %
Other130,393 8 %93,166 7 %67,875 7 %
Total$1,669,626 100 %$1,296,745 100 %$975,241 100 %
The following table summarizes the revenue from contracts by type of customer:
Year Ended December 31,
202420232022
(dollars in thousands)
AmountPercentage
of Revenue		AmountPercentage
of Revenue		AmountPercentage
of Revenue
Channel partners
$337,394 20 %$202,404 16 %$122,522 13 %
Direct customers
1,332,232 80 %1,094,341 84 %852,719 87 %
Total$1,669,626 100 %$1,296,745 100 %$975,241 100 %
Summary of Deferred Contract Acquisition Costs
The following table summarizes the activity of the deferred contract acquisition costs:
Year Ended December 31,
202420232022
(in thousands)
Beginning balance$133,236 $93,145 $70,320 
Capitalization of contract acquisition costs
116,803 101,465 67,940 
Amortization of deferred contract acquisition costs
(77,822)(61,374)(45,115)
Ending balance$172,217 $133,236 $93,145