XML 34 R24.htm IDEA: XBRL DOCUMENT
v3.25.3

Revenue (Tables) | 9 Months Ended
--- | ---
Sep. 30, 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 September 30, |  | Nine Months Ended September 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
| (dollars in thousands) |  | (dollars in thousands)
| Amount |  | Percentage of Revenue |  | Amount |  | Percentage of Revenue |  | Amount |  | Percentage of Revenue |  | Amount |  | Percentage of Revenue
United States | $ | 282,604 |  |  | 50 | % |  | $ | 214,955 |  |  | 50 | % |  | $ | 769,385 |  |  | 49 | % |  | $ | 618,426 |  |  | 51 | %
Europe, Middle East, and Africa | 153,298 |  |  | 27 | % |  | 121,802 |  |  | 28 | % |  | 430,589 |  |  | 28 | % |  | 338,154 |  |  | 28 | %
Asia Pacific | 84,667 |  |  | 15 | % |  | 59,103 |  |  | 14 | % |  | 233,206 |  |  | 15 | % |  | 158,880 |  |  | 13 | %
Other | 41,458 |  |  | 8 | % |  | 34,222 |  |  | 8 | % |  | 120,250 |  |  | 8 | % |  | 94,220 |  |  | 8 | %
Total | $ | 562,027 |  |  | 100 | % |  | $ | 430,082 |  |  | 100 | % |  | $ | 1,553,430 |  |  | 100 | % |  | $ | 1,209,680 |  |  | 100 | %
The following table summarizes the revenue from contracts by type of customer:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
| (dollars in thousands) |  | (dollars in thousands)
| Amount |  | Percentage of Revenue |  | Amount |  | Percentage of Revenue |  | Amount |  | Percentage of Revenue |  | Amount |  | Percentage of Revenue
Channel partners | $ | 149,859 |  |  | 27 | % |  | $ | 88,865 |  |  | 21 | % |  | $ | 392,829 |  |  | 25 | % |  | $ | 236,002 |  |  | 20 | %
Direct customers | 412,168 |  |  | 73 | % |  | 341,217 |  |  | 79 | % |  | 1,160,601 |  |  | 75 | % |  | 973,678 |  |  | 80 | %
Total | $ | 562,027 |  |  | 100 | % |  | $ | 430,082 |  |  | 100 | % |  | $ | 1,553,430 |  |  | 100 | % |  | $ | 1,209,680 |  |  | 100 | %
Schedule of Deferred Contract Acquisition Costs | The following table summarizes the activity of the deferred contract acquisition costs:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
| (in thousands) |  | (in thousands)
Beginning balance | $ | 183,919 |  |  | $ | 144,330 |  |  | $ | 172,217 |  |  | $ | 133,236 |
Capitalization of contract acquisition costs | 36,520 |  |  | 27,766 |  |  | 95,518 |  |  | 75,851 |
Amortization of deferred contract acquisition costs | (26,404) |  |  | (19,716) |  |  | (73,700) |  |  | (56,707) |
Ending balance | $ | 194,035 |  |  | $ | 152,380 |  |  | $ | 194,035 |  |  | $ | 152,380 |

X
- 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
Name: | us-gaap_CapitalizedContractCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration