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Receivables, Contract Liabilities and Performance Obligations (Tables)
 9 Months Ended
Sep. 30, 2025
Revenue from Contract with Customer [Abstract]  
Summary of Information about Receivables and Contract Liabilities
The following table provides information about receivables and contract liabilities as of September 30, 2025 and December 31, 2024 (in thousands):
September 30,
2025		December 31,
2024
Current receivables, which are included in “Accounts receivable, net”$5,479,567 $4,172,104 
Contract assets, net63,130 81,980 
Long-term accounts receivable756,924 845,943 
Long-term contract assets, net59,389 86,953 
Contract liabilities, which are included in “Accrued expenses and other current liabilities” and “Other liabilities”120,168 109,615 
Summary of Changes in Gross Contract Liabilities from Contract with Customers
Significant changes in the gross contract assets balances during the nine months ended September 30, 2025 are as follows (in thousands):
Contract
Assets
Balances at December 31, 2024$178,438 
Reclassification of beginning contract assets to receivables, as a result of rights to consideration becoming unconditional(64,193)
Contract assets recognized, net of reclassification to receivables16,739 
Balances at September 30, 2025$130,984 
Contract assets consist of amounts the Company is entitled to for the resale of third-party consumption-based services, prior to payment becoming unconditional. In these transactions, the Company invoices clients for the gross amount of consideration it is responsible to collect, including amounts ultimately passed on to the third-party service providers. As of September 30, 2025, contract assets, net of allowances, were $122,519,000.
Gross contract assets by our internal risk ratings as of September 30, 2025 are summarized as follows (in thousands):
Contract
Assets
Low risk$38,729 
Moderate risk57,058 
High risk35,197 
Total contract assets$130,984 
Changes in the contract liabilities balances during the nine months ended September 30, 2025 are as follows (in thousands):
Contract
Liabilities
Balances at December 31, 2024
$109,615 
Reclassification of the beginning contract liabilities to revenue, as the result of performance obligations satisfied(68,943)
Cash received in advance and not recognized as revenue79,496 
Balances at September 30, 2025
$120,168 
Summary of Estimated Net Sales Related to Performance Obligation
The following table includes estimated net sales related to performance obligations that are unsatisfied (or partially unsatisfied) as of September 30, 2025 that are expected to be recognized in the future (in thousands):
Services
Remainder of 2025$45,434 
202697,911 
202759,490 
2028 and thereafter54,555 
Total remaining performance obligations$257,390