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Property and Equipment, net (Tables)
6 Months Ended
Jun. 30, 2025
Property, Plant and Equipment [Abstract]  
Summary of Property and Equipment, net

Property and equipment, net as of June 30, 2025 and December 31, 2024 consisted of the following (in thousands):

 

 

June 30, 2025

 

 

December 31, 2024

 

Furniture and equipment

 

$

31,954

 

 

$

32,054

 

Capitalized software for internal use, acquired by business combination

 

 

491,372

 

 

 

490,346

 

Capitalized software for internal use, developed internally or otherwise purchased

 

 

143,804

 

 

 

125,973

 

Leasehold improvements

 

 

2,787

 

 

 

3,007

 

Total property and equipment

 

 

669,917

 

 

 

651,380

 

Less: accumulated depreciation and amortization

 

 

(394,282

)

 

 

(343,841

)

Property and equipment, net

 

$

275,635

 

 

$

307,539