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Revenue Recognition (Tables)
3 Months Ended
Mar. 31, 2025
Revenue from Contract with Customer [Abstract]  
Contract Balances Our closing balances of deferred revenue were as follows:
(in thousands)March 31,
2025
December 31,
2024
Total deferred revenue$332,242 $361,544 
Disaggregation of Revenue The following table presents our revenue by geographic area based on the location of our customers:
Three months ended
March 31,
(dollars in thousands)
2025
2024
United States$229,217 $238,109 
United Kingdom26,122 26,129 
Other countries15,322 15,012 
Total revenue$270,661 $279,250 
The following table presents our revenue by type:
Three months ended
March 31,
(dollars in thousands)
2025
2024
Contractual recurring$175,936 $190,855 
Transactional recurring88,114 80,663 
Total recurring revenue$264,050 $271,518 
One-time services and other6,611 7,732 
Total revenue$270,661 $279,250