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Income Taxes
9 Months Ended
Sep. 30, 2025
Income Tax Disclosure [Abstract]  
Income Taxes
17.
Income Taxes

The provision for income taxes for the three months ended September 30, 2025 and 2024 reflects effective tax rates of 4.2% and 27.6%, respectively, and 17.5% and 24.0% for the nine months ended September 30, 2025 and 2024, respectively. The decrease in the effective tax rate for both the three and nine months ended September 30, 2025 was primarily attributable to the Company’s lower pre-tax results for both the three and nine months ended September 30, 2025, which yields higher volatility in the items impacting the effective tax rate when compared to prior periods and the release of uncertain tax positions in the current year.

As the Company continues to monitor the implications of potential tax legislation in each of its jurisdictions, the Company may adjust estimates and record additional amounts for tax assets and liabilities. Any adjustments to the Company’s tax assets and liabilities could materially impact the provision for income taxes and its effective tax rate in the periods in which they are made.