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Property and Equipment (Tables)
12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Schedule of property and equipment
The useful lives of property and equipment are as follows:
Capitalized internal-use software development costs3 years
Data center equipment
2 - 4 years
Leasehold improvements
Shorter of 5 years or the remaining lease term
Office equipment3 years
Furniture and fixtures5 years
Software3 years
Assets under financing lease
Shorter of 5 years or the remaining lease term
Property and equipment consist of the following:
As of December 31,
20242023
(In thousands)
Capitalized internal-use software developments costs$357,334 $297,655 
Data center equipment (1)
63,672 104,543 
Leasehold improvements78,104 92,315 
Office equipment50,659 60,905 
Furniture and fixtures12,618 14,558 
Software14,143 14,639 
Total property and equipment576,530 584,615 
Less: accumulated depreciation and amortization (1)
(385,488)(374,976)
Total property and equipment, net$191,042 $209,639 
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(1) Data center equipment includes $33.5 million and $72.4 million in assets held under finance leases as of December 31, 2024 and 2023, respectively. Accumulated depreciation and amortization includes $28.6 million and $55.9 million of accumulated depreciation for assets held under finance leases as of December 31, 2024 and 2023, respectively.