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Goodwill and Intangible Assets | 12 Months Ended
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Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | Goodwill and Intangible Assets Goodwill In connection with the change in the Company’s operating segment structure, as described in Note 8, the Company reevaluated its reporting unit structure and concluded that as of September 30, 2025, it had one reporting unit. The Company performed goodwill impairment assessments for each reporting unit immediately before and immediately after the change in structure and concluded that goodwill was not impaired. The goodwill balance as of December 31, 2025 and 2024, and the changes during the period, were as follows:
|  | Total
| (In thousands)
Balance as of December 31, 2024 and 2023 |  | $ | 5,243,266 |
Goodwill additions related to 2025 acquisitions and other |  | 48,521 |
Balance as of December 31, 2025 |  | $ | 5,291,787 |
Intangible assets Intangible assets consist of the following:
|  | As of December 31, 2025
|  | Cost |  | Accumulated Amortization |  | Net
Amortizable intangible assets: |  | (In thousands)
Developed technology |  | $ | 398,205 |  |  | $ | (359,450) |  |  | $ | 38,755 |
Customer relationships |  | 350,283 |  |  | (260,216) |  |  | 90,067 |
Supplier relationships |  | 49,756 |  |  | (44,443) |  |  | 5,313 |
Trade names |  | 25,968 |  |  | (25,928) |  |  | 40 |
Patent |  | 3,968 |  |  | (1,293) |  |  | 2,675 |
Total amortizable intangible assets |  | 828,180 |  |  | (691,330) |  |  | 136,850 |
Non-amortizable intangible assets: |  |  |  |  |  |
Telecommunication licenses |  | 4,920 |  |  | — |  |  | 4,920 |
Trademarks and other |  | 295 |  |  | — |  |  | 295 |
Total |  | $ | 833,395 |  |  | $ | (691,330) |  |  | $ | 142,065 |
|  | As of December 31, 2024 |  |
|  | Cost |  | Accumulated Amortization |  | Net |  |
Amortizable intangible assets: |  | (In thousands) |  |
Developed technology |  | $ | 388,341 |  |  | $ | (306,063) |  |  | $ | 82,278 |  |  |
Customer relationships |  | 348,314 |  |  | (215,523) |  |  | 132,791 |  |  |
Supplier relationships |  | 49,756 |  |  | (35,363) |  |  | 14,393 |  |  |
Trade names |  | 25,968 |  |  | (25,014) |  |  | 954 |  |  |
Patent |  | 3,968 |  |  | (1,096) |  |  | 2,872 |  |  |
Total amortizable intangible assets |  | 816,347 |  |  | (583,059) |  |  | 233,288 |  |  |
Non-amortizable intangible assets: |  |  |  |  |  |  |  |
Telecommunication licenses |  | 4,920 |  |  | — |  |  | 4,920 |  |  |
Trademarks and other |  | 295 |  |  | — |  |  | 295 |  |  |
Total |  | $ | 821,562 |  |  | $ | (583,059) |  |  | $ | 238,503 |  |  |
Amortization expense was $108.3 million, $112.0 million and $192.5 million for the years ended December 31, 2025, 2024 and 2023, respectively. Total estimated future amortization expense is as follows:
|  | As of December 31, 2025
Year Ended December 31, |  | (In thousands)
2026 |  | $ | 44,615 |
2027 |  | 27,796 |
2028 |  | 21,520 |
2029 |  | 17,353 |
2030 |  | 16,614 |
Thereafter |  | 8,952 |
Total |  | $ | 136,850 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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