XML 37 R26.htm IDEA: XBRL DOCUMENT v3.25.1
Revenue (Tables)
3 Months Ended
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,
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 %29,104 %
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 %
Schedule of Deferred Contract Acquisition Costs
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