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Property and Equipment, Net
12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
Property and equipment, net consisted of the following (in thousands):
December 31,
2025
December 31,
2024
Computers and equipment$63,146 $46,155 
Furniture and fixtures28,319 20,752 
Leasehold improvements99,009 67,855 
Capitalized software development costs329,117 285,015 
Total property and equipment$519,591 $419,777 
Less: accumulated depreciation and amortization(181,498)(192,807)
Total property and equipment, net$338,093 $226,970 
As discussed in Note 2, Basis of Presentation and Summary of Significant Accounting Policies—Internal-Use Software Development Costs, the Company capitalizes costs related to the development of computer software for internal-use and is included in capitalized software development costs within property and equipment, net.
Depreciation and amortization expense was approximately $49.2 million, $48.5 million, and $35.6 million for the years ended December 31, 2025, 2024 and 2023, respectively.