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Operating Leases | 6 Months Ended
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Jun. 30, 2026
Leases [Abstract] |
Operating Leases | Operating Leases The Company leases co-location space at data center facilities and, to a lesser extent, corporate offices, all of which are classified as operating leases. Operating leases generally have an initial lease term ranging from two to thirteen years, which includes any option to renew or terminate the lease when it is reasonably certain that the option will be exercised. The components of operating lease expense were as follows:
| Three Months Ended |  | Six Months Ended |  |
| June 30, |  | June 30, |  |
| 2026 |  | 2025 |  | 2026 |  | 2025 |  |
Operating lease expense | $ | 40,317 |  |  | $ | 29,851 |  |  | $ | 74,016 |  |  | $ | 56,331 |  |  |
Variable lease expense | 4,247 |  |  | 2,329 |  |  | 8,348 |  |  | 4,761 |  |  |
Short-term lease expense | — |  |  | 119 |  |  | 20 |  |  | 185 |  |  |
Total operating lease expense | $ | 44,564 |  |  | $ | 32,299 |  |  | $ | 82,384 |  |  | $ | 61,277 |  |  |
Weighted-average remaining lease term and discount rate were as follows:
| June 30, 2026 |  | December 31, 2025
Weighted-average remaining lease term (in years) | 5.8 |  | 3.4
Weighted-average discount rate | 6% |  | 6%
Maturities of operating lease liabilities as of June 30, 2026 were as follows:
2027 | $ | 149,859 |
2028 | 98,990 |
2029 | 69,048 |
2030 | 57,633 |
2031 | 53,581 |
Thereafter | 143,292 |
Total undiscounted operating lease liabilities | 572,403 |
Less: Imputed interest | (93,316) |
Total present value of operating lease liabilities | 479,087 |
Less: Current portion of operating lease liabilities | (126,233) |
Operating lease liabilities, long-term | $ | 352,854 |
As of June 30, 2026, the Company had $2,759,287 of estimated undiscounted fixed payment obligations primarily for leases of co-location space at data center facilities that have not yet commenced and were not included in the condensed consolidated balance sheets. These leases are scheduled to commence between July 2026 and June 2028, and have a weighted-average lease term of 11.2 years.
Operating Leases | Operating Leases The Company leases co-location space at data center facilities and, to a lesser extent, corporate offices, all of which are classified as operating leases. Operating leases generally have an initial lease term ranging from two to thirteen years, which includes any option to renew or terminate the lease when it is reasonably certain that the option will be exercised. The components of operating lease expense were as follows:
| Three Months Ended |  | Six Months Ended |  |
| June 30, |  | June 30, |  |
| 2026 |  | 2025 |  | 2026 |  | 2025 |  |
Operating lease expense | $ | 40,317 |  |  | $ | 29,851 |  |  | $ | 74,016 |  |  | $ | 56,331 |  |  |
Variable lease expense | 4,247 |  |  | 2,329 |  |  | 8,348 |  |  | 4,761 |  |  |
Short-term lease expense | — |  |  | 119 |  |  | 20 |  |  | 185 |  |  |
Total operating lease expense | $ | 44,564 |  |  | $ | 32,299 |  |  | $ | 82,384 |  |  | $ | 61,277 |  |  |
Weighted-average remaining lease term and discount rate were as follows:
| June 30, 2026 |  | December 31, 2025
Weighted-average remaining lease term (in years) | 5.8 |  | 3.4
Weighted-average discount rate | 6% |  | 6%
Maturities of operating lease liabilities as of June 30, 2026 were as follows:
2027 | $ | 149,859 |
2028 | 98,990 |
2029 | 69,048 |
2030 | 57,633 |
2031 | 53,581 |
Thereafter | 143,292 |
Total undiscounted operating lease liabilities | 572,403 |
Less: Imputed interest | (93,316) |
Total present value of operating lease liabilities | 479,087 |
Less: Current portion of operating lease liabilities | (126,233) |
Operating lease liabilities, long-term | $ | 352,854 |
As of June 30, 2026, the Company had $2,759,287 of estimated undiscounted fixed payment obligations primarily for leases of co-location space at data center facilities that have not yet commenced and were not included in the condensed consolidated balance sheets. These leases are scheduled to commence between July 2026 and June 2028, and have a weighted-average lease term of 11.2 years.

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/842-20/tableOfContent + Details
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- Definition The entire disclosure for lessor's operating leases. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/842-30/tableOfContent + Details
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