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Revenue
 3 Months Ended
Mar. 31, 2025
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
Disaggregation of Revenue
Subscription and support revenue is recognized over time and accounted for substantially all of the Company’s revenue for the three months ended March 31, 2025 and 2024.
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,
20252024
(dollars in thousands)
AmountPercentage
of Revenue		AmountPercentage
of Revenue
United States$234,887 49 %$196,463 52 %
Europe, Middle East, and Africa
133,853 28 %105,384 28 %
Asia Pacific73,395 15 %47,651 12 %
Other36,952 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,
20252024
(dollars in thousands)
AmountPercentage
of Revenue		AmountPercentage
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 %
Contract Balances
Contract liabilities consist of deferred revenue and include payments received in advance of performance under the contract. Such amounts are recognized as revenue over the contractual period. For the three months ended March 31, 2025, the Company recognized revenue of $240.5 million, that was included in the corresponding contract liability balance at the beginning of the period presented.
The Company receives payments from customers based upon contractual billing schedules; accounts receivable are recorded when the right to consideration becomes unconditional. Standard payment terms are due upon receipt. Contract assets include amounts related to the Company’s contractual right to consideration for both completed and partially completed performance obligations that have not been invoiced.
The following table summarizes the activity of the deferred contract acquisition costs:
Three Months Ended March 31,
20252024
(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 
The Company did not recognize any impairment losses of deferred contract acquisition costs during the periods presented.
Remaining Performance Obligations
As of March 31, 2025, the aggregate amount of the transaction price allocated to remaining performance obligations was $1,864.2 million. As of March 31, 2025, the Company expected to recognize 66% of its remaining performance obligations as revenue over the next 12 months with the remainder recognized thereafter.