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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,
2025202420252024
(dollars in thousands)(dollars in thousands)
AmountPercentage
of Revenue
AmountPercentage
of Revenue
AmountPercentage
of Revenue
AmountPercentage
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 Pacific84,667 15 %59,103 14 %233,206 15 %158,880 13 %
Other41,458 %34,222 %120,250 %94,220 %
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,
2025202420252024
(dollars in thousands)(dollars in thousands)
AmountPercentage
of Revenue
AmountPercentage
of Revenue
AmountPercentage
of Revenue
AmountPercentage
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,
2025202420252024
(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