XML 36 R17.htm IDEA: XBRL DOCUMENT v3.26.1
Property and Equipment, net
 12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment, net Property and Equipment, net
Property and equipment are summarized by major classifications as follows (in thousands):
December 31,
Property and equipment classification20252024
Autos and trucks$43,473 $38,622 
Computer equipment and software42,582 37,450 
Leasehold improvements28,228 22,489 
Equipment and tools42,558 27,530 
Office furniture and other5,320 5,164 
Finance lease assets (1)18,231 12,242 
Work-in-progress10,591 560 
Property and equipment, gross190,983 144,057 
Less: Accumulated depreciation(98,650)(70,676)
Property and equipment, net$92,333 $73,381 
(1)Refer to “Note 8—Leases” for further information.
The depreciation expense on property and equipment amounted to $31.9 million, $29.9 million and $22.7 million for the years ended December 31, 2025, 2024 and 2023, respectively. A portion of depreciation expense is included in Cost of revenue on the Consolidated Statements of Operations, which totaled $13.9 million, $13.7 million and $12.6 million for the same respective years. The remaining amount for each respective year is included in Depreciation and amortization on the Consolidated Statements of Operations.