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DISAGGREGATION OF REVENUE
12 Months Ended
Dec. 31, 2025
Revenue from Contract with Customer [Abstract]  
DISAGGREGATION OF REVENUE DISAGGREGATION OF REVENUE
The tables below show disaggregation of revenue into categories that reflect how economic factors affect the nature, amount, timing, and uncertainty of revenues and cash flows.
Recurring Revenues
The majority of our revenues are comprised of revenues from subscriptions and maintenance, which we consider to be recurring revenues. Subscription revenues primarily consist of revenues derived from our SaaS arrangements and transaction-based fees. These revenues are considered recurring because revenues from these sources are expected to re-occur in similar annual amounts for the term of our relationship with the client. Transaction-based fees are generally the result of multi-year contracts with our clients that result in fees generated by payment transactions and digital government services and are collected on a recurring basis during the contract term. The contract terms for subscription arrangements range from one to 10 years but are typically contracted for initial periods of one to three years. Nearly all of our on-premises software clients contract with us for maintenance and support. Maintenance and support are generally provided under auto-renewing annual contracts or multi-year contracts. We consider all other revenue categories to be non-recurring revenues.
Recurring revenues and non-recurring revenues recognized during the period are as follows:
For the year ended December 31, 2025
Enterprise Software
Platform TechnologiesCorporate UnallocatedTotals
Revenue:
Subscriptions:
SaaS$691,288 $86,481 $— $777,769 
Transaction-based fees318,143 490,291 — 808,434 
Maintenance422,886 22,728 — 445,614 
Total recurring revenues1,432,317 599,500 — 2,031,817 
Professional services
213,749 28,951 — 242,700 
Software licenses and royalties13,049 (233)— 12,816 
Hardware and other35,306 336 9,365 45,007 
Total non-recurring revenues262,104 29,054 9,365 300,523 
Total revenues$1,694,421 $628,554 $9,365 $2,332,340 
For the year ended December 31, 2024
Enterprise Software
Platform TechnologiesCorporate UnallocatedTotals
Revenue:
Subscriptions:
SaaS$559,842 $84,937 $— $644,779 
Transaction-based fees234,633 463,519 — 698,152 
Maintenance438,455 24,677 — 463,132 
Total recurring revenues1,232,930 573,133 — 1,806,063 
Professional services
219,933 44,058 — 263,991 
Software licenses and royalties25,292 1,065 — 26,357 
Hardware and other33,447 992 6,953 41,392 
Total non-recurring revenues278,672 46,115 6,953 331,740 
Total revenues$1,511,602 $619,248 $6,953 $2,137,803 
For the year ended December 31, 2023
Enterprise Software
Platform TechnologiesCorporate UnallocatedTotals
Revenue:
Subscriptions:
SaaS$459,544 $68,433 $— $527,977 
Transaction-based fees174,718 456,817 — 631,535 
Maintenance442,781 23,880 — 466,661 
Total recurring revenues1,077,043 549,130 — 1,626,173 
Professional services
209,727 40,249 — 249,976 
Software licenses and royalties32,709 5,387 — 38,096 
Hardware and other30,176 — 7,330 37,506 
Total non-recurring revenues272,612 45,636 7,330 325,578 
Total revenues$1,349,655 $594,766 $7,330 $1,951,751 
DEFERRED REVENUE AND PERFORMANCE OBLIGATIONS
Total deferred revenue, including long-term, by segment is as follows:
December 31, 2025December 31, 2024
Enterprise Software$755,894 $683,909 
Platform Technologies39,443 36,117 
Corporate6,489 3,788 
Totals$801,826 $723,814 
Changes in total deferred revenue, including long-term, were as follows:
2025
Balance at beginning of year$723,814 
Deferral of revenue1,549,541 
Recognition of deferred revenue(1,471,529)
Balance at end of year$801,826 
Remaining Performance Obligations
We expect to recognize as revenue approximately 97% of our deferred revenue balance as of December 31, 2025, in the next 12 months, and the remainder thereafter. We believe the portion of transaction price allocated to the remaining performance obligations which is not included in our deferred revenue balance is not a meaningful indicator of future revenue due to contracts with transaction-based fees that vary with transaction activity, the variability in subscription term lengths, and termination provisions included in some contracts that limit inclusion and cause variability from period to period.
DEFERRED COMMISSIONS
Deferred commissions are as follows:
 December 31, 2025December 31, 2024
Prepaid commissions
$24,006 $18,037 
Long-term deferred commissions
54,561 38,762 
Total deferred commissions
$78,567 $56,799 
Amortization expense related to deferred commissions is as follows:
Years Ended December 31,
202520242023
Amortization expense
$21,881 $19,916 $18,589 
Deferred commissions have been included with prepaid expenses for the current portion and other non-current assets for the long-term portion in the accompanying condensed consolidated balance sheets. Amortization expense related to deferred commissions is included in sales and marketing expense in the accompanying condensed consolidated statements of income.