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Revenue Recognition (Tables)
6 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
Contract Balances
Our closing balances of deferred revenue were as follows:
(in thousands)June 30,
2025
December 31,
2024
Total deferred revenue$401,386 $361,544 
Disaggregation of Revenue The following table presents our revenue by geographic area based on the location of our customers:
Three months ended
June 30,
Six months ended
June 30,
(dollars in thousands)
2025
2024
2025
2024
United States$231,001 $241,831 $460,218 $479,940 
United Kingdom33,708 29,980 59,830 56,109 
Other countries16,673 15,475 31,995 30,487 
Total revenue$281,382 $287,286 $552,043 $566,536 
The following table presents our revenue by type:
Three months ended
June 30,
Six months ended
June 30,
(dollars in thousands)
2025
2024
2025
2024
Contractual recurring$180,224 $193,542 $356,160 $384,397 
Transactional recurring95,407 87,834 183,521 168,497 
Total recurring revenue$275,631 $281,376 $539,681 $552,894 
One-time services and other5,751 5,910 12,362 13,642 
Total revenue$281,382 $287,286 $552,043 $566,536