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Goodwill and Intangible Assets, Net (Tables)
12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of changes in goodwill

The following table represents the changes to goodwill:

 

 

Carrying Amount

 

 

 

(in thousands)

 

Balance as of December 31, 2023

 

$

247,955

 

Addition from acquisition

 

 

123,557

 

Balance as of December 31, 2024 and 2025

 

$

371,512

 

 

Summary of intangible assets

Intangible assets consisted of the following as of December 31, 2025:

 

 

Gross Carrying Amount

 

 

Accumulated
Amortization

 

 

Net Carrying Amount

 

 

Weighted-
Average
Remaining
Useful Life

 

 

 

(in thousands)

 

 

(in years)

 

Developed technology

 

$

89,962

 

 

$

(51,147

)

 

$

38,815

 

 

 

3.2

 

Customer relationships

 

 

4,200

 

 

 

(3,107

)

 

 

1,093

 

 

 

1.5

 

Total

 

$

94,162

 

 

$

(54,254

)

 

$

39,908

 

 

 

 

Intangible assets consisted of the following as of December 31, 2024:

 

 

Gross Carrying Amount

 

 

Accumulated
Amortization

 

 

Net Carrying Amount

 

 

Weighted-
Average
Remaining
Useful Life

 

 

 

(in thousands)

 

 

(in years)

 

Developed technology

 

$

92,762

 

 

$

(35,836

)

 

$

56,926

 

 

 

3.8

 

Customer relationships

 

 

9,374

 

 

 

(5,474

)

 

 

3,900

 

 

 

1.4

 

Total

 

$

102,136

 

 

$

(41,310

)

 

$

60,826

 

 

 

 

 

Gross carrying amount and accumulated amortization of fully amortized intangibles are removed from the preceding tables.
Summary of expected future amortization expenses by year related to the intangible assets

The expected future amortization expenses by year related to the intangible assets as of December 31, 2025 are as follows:

 

 

December 31, 2025

 

 

 

(in thousands)

 

Year Ending December 31,

 

 

 

2026

 

$

14,974

 

2027

 

 

10,117

 

2028

 

 

9,733

 

2029

 

 

5,084

 

Total

 

$

39,908