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Derivative Financial Instruments and Hedging (Tables)

6 Months Ended

Jun. 30, 2026

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Disclosure of Notional Amount of Derivatives by Hedging Designation

The notional amounts of outstanding foreign currency contracts in U.S. dollar as of the periods presented were as follows:


		June 30, 2026				December 31, 2025
		(in thousands)
Derivatives Designated as Hedging Instruments:
Foreign currency contracts		$	70,518			$	95,063
Derivatives Not Designated as Hedging Instruments:
Foreign currency contracts			20,484				19,041
Total derivative instruments		$	91,002			$	114,104

Derivative Instruments, Gain (Loss)

The gains on foreign currency contracts were presented on the Condensed Consolidated Statements of Operations as follows:


		Derivatives Designated as Hedging Instruments																Derivatives Not Designated as Hedging Instruments
		Three Months Ended June 30,								Six Months Ended June 30,								Three Months Ended June 30,								Six Months Ended June 30,
		2026				2025				2026				2025				2026				2025				2026				2025
Condensed Statement of Operations Location:		(in thousands)
Cost of revenue: subscription–self-managed and SaaS		$	431			$	80			$	725			$	104			$	—			$	—			$	—			$	—
Research and development			3,111				659				5,243				830				—				—				—				—
Sales and marketing			755				132				1,280				172				—				—				—				—
General and administrative			595				177				1,008				225				—				—				—				—
Interest and other income, net			—				—				—				—				988				1,275				1,241				1,019
Total gains recognized in earnings		$	4,892			$	1,048			$	8,256			$	1,331			$	988			$	1,275			$	1,241			$	1,019