Goodwill and Intangible Assets (Tables)
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12 Months Ended |
Dec. 31, 2025 |
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| Goodwill and Intangible Assets Disclosure [Abstract] |
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| Schedule of Goodwill |
The following table presents details of our goodwill during the year ended December 31, 2025 (in thousands): | | | | | | | Amount | | Balance as of December 31, 2024 | $ | 70,971 | | | Goodwill acquired | 1,193,638 | | | Foreign currency translation adjustments | 5,447 | | | Balance as of December 31, 2025 | $ | 1,270,056 | |
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| Schedule of Preliminary Fair Values of Identified Intangible Assets Acquired |
The following table presents details of the preliminary fair values of identified intangible assets acquired (in thousands, except years): | | | | | | | | | | | | | Fair Value | | Estimated Useful Life | | Developed technology | $ | 400,000 | | | 7 years | | Client relationships | 40,000 | | | 10 years | | Trade name / Trademarks | 10,000 | | | 5 years | | Total | $ | 450,000 | | | |
The following table presents details of the preliminary fair values of identified intangible assets acquired (in thousands, except years): | | | | | | | | | | | | | Fair Value | | Estimated Useful Life | | Developed technology | $ | 130,000 | | | 8 years | | Client relationships | 33,500 | | | 10 years | | Trade name / Trademarks | 3,400 | | | 5 years | | Total | $ | 166,900 | | | |
| | | | | | | | | | | | | Fair Value | | Estimated Useful Life | | Blackstone Commercial Agreement | $ | 98,078 | | | 7 years | | Developed Technology - BISTRO | 14,655 | | | 7 years | | Total | $ | 112,733 | | | |
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| Schedule of Purchased Intangible Assets |
The following table presents details of our purchased intangible assets as of December 31, 2025 and 2024 (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2025 | | Gross Carrying Amount | | Accumulated Amortization | | Net Carrying Amount | | Weighted Average Remaining Useful Life (In Years) | | Intangible assets with finite lives: | | | | | | | | | Developed technology | $ | 582,125 | | | $ | (67,363) | | | $ | 514,762 | | | 6.4 | | Commercial agreement | 98,078 | | | (10,508) | | | 87,570 | | | 6.3 | | Client relationships | 79,663 | | | (6,349) | | | 73,314 | | | 9.3 | | Trade name / Trademarks | 14,102 | | | (2,387) | | | 11,715 | | | 3.9 | | Domain name | 245 | | | (28) | | | 217 | | | 4.4 | | Total intangible assets | $ | 774,213 | | | $ | (86,635) | | | $ | 687,578 | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2024 | | Gross Carrying Amount | | Accumulated Amortization | | Net Carrying Amount | | Weighted Average Remaining Useful Life (In Years) | | Intangible assets with finite lives: | | | | | | | | | Developed technology | $ | 34,366 | | | $ | (8,617) | | | $ | 25,749 | | | 4.9 | | Client relationships | 5,619 | | | (769) | | | 4,850 | | | 10.7 | | Trade name / Trademarks | 662 | | | (393) | | | 269 | | | 2.3 | | Total intangible assets | $ | 40,647 | | | $ | (9,779) | | | $ | 30,868 | | | |
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| Schedule of Estimated Future Amortization Expense of Intangible Assets |
The following table summarizes estimated future amortization expense of our intangible assets as of December 31, 2025 (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total | | 2026 | | 2027 | | 2028 | | 2029 | | 2030 and Thereafter | | Total amortization expense to be recognized in the future as of December 31, 2025 | $ | 687,578 | | | $ | 106,080 | | | $ | 106,000 | | | $ | 105,970 | | | $ | 104,370 | | | $ | 265,158 | |
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