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Revenue (Tables) | 3 Months Ended
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Mar. 31, 2025
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:
| Three Months Ended March 31, |  |
| 2025 |  | 2024 |  |  |  |
| (dollars in thousands) |  |
| Amount |  | Percentage of Revenue |  | Amount |  | Percentage of Revenue |  |  |  |  |  |  |  |
United States | $ | 234,887 |  |  | 49 | % |  | $ | 196,463 |  |  | 52 | % |  |  |  |  |  |  |  |
Europe, Middle East, and Africa | 133,853 |  |  | 28 | % |  | 105,384 |  |  | 28 | % |  |  |  |  |  |  |  |
Asia Pacific | 73,395 |  |  | 15 | % |  | 47,651 |  |  | 12 | % |  |  |  |  |  |  |  |
Other | 36,952 |  |  | 8 | % |  | 29,104 |  |  | 8 | % |  |  |  |  |  |  |  |
Total | $ | 479,087 |  |  | 100 | % |  | $ | 378,602 |  |  | 100 | % |  |  |  |  |  |  |  |
The following table summarizes the revenue from contracts by type of customer:
| Three Months Ended March 31, |  |
| 2025 |  | 2024 |  |  |  |
| (dollars in thousands) |  |
| Amount |  | Percentage of Revenue |  | Amount |  | Percentage of Revenue |  |  |  |  |  |  |  |
Channel partners | $ | 112,555 |  |  | 23 | % |  | $ | 70,451 |  |  | 19 | % |  |  |  |  |  |  |  |
Direct customers | 366,532 |  |  | 77 | % |  | 308,151 |  |  | 81 | % |  |  |  |  |  |  |  |
Total | $ | 479,087 |  |  | 100 | % |  | $ | 378,602 |  |  | 100 | % |  |  |  |  |  |  |  |
Schedule of Deferred Contract Acquisition Costs | The following table summarizes the activity of the deferred contract acquisition costs:
| Three Months Ended March 31, |  |
| 2025 |  | 2024 |  |  |  |
| (in thousands) |  |
Beginning balance | $ | 172,217 |  |  | $ | 133,236 |  |  |  |  |
Capitalization of contract acquisition costs | 25,458 |  |  | 22,398 |  |  |  |  |
Amortization of deferred contract acquisition costs | (23,132) |  |  | (18,107) |  |  |  |  |
Ending balance | $ | 174,543 |  |  | $ | 137,527 |  |  |  |  |

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- Definition Tabular disclosure of cost capitalized in obtaining or fulfilling contract with customer. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 340 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479483/340-40-50-3 + Details
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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
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