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Goodwill and other intangible assets | 9 Months Ended
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Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and other intangible assets | Goodwill and other intangible assets The change in the carrying amount of goodwill was as follows:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
| (in thousands)
Goodwill, beginning of period | $ | 1,063,111 |  |  | $ | 885,404 |  |  | $ | 882,593 |  |  | $ | 887,121 |
Goodwill acquired | — |  |  | — |  |  | 155,634 |  |  | — |
Measurement period adjustments | 617 |  |  | — |  |  | 617 |  |  | — |
Foreign currency translation adjustment | (6,042) |  |  | 14,688 |  |  | 18,842 |  |  | 12,971 |
Goodwill, end of period | $ | 1,057,686 |  |  | $ | 900,092 |  |  | $ | 1,057,686 |  |  | $ | 900,092 |
The gross carrying amount and accumulated amortization of intangible assets other than goodwill were as follows:
| September 30, 2025
| Useful Life |  | Gross Carrying Value |  | Accumulated Amortization |  | Foreign Currency Translation |  | Net Carrying Value |  | Weighted-Average Remaining Useful Life
| (in thousands)
Trademarks | 2 - 8 years |  | $ | 34,800 |  |  | $ | 33,925 |  |  | $ | — |  |  | $ | 875 |  |  | 0.7 years
Customer relationships | 5 - 12 years |  | 294,608 |  |  | 162,052 |  |  | (791) |  |  | 131,765 |  |  | 5.0 years
Developed technology | 5 - 6.5 years |  | 108,887 |  |  | 52,395 |  |  | (3,252) |  |  | 53,240 |  |  | 3.5 years
Non-competes | 3 years |  | 1,349 |  |  | 1,295 |  |  | — |  |  | 54 |  |  | 0.1 years
Intellectual property | 5 years |  | 270 |  |  | 79 |  |  | — |  |  | 191 |  |  | 3.5 years
Total intangible assets |  |  | $ | 439,914 |  |  | $ | 249,746 |  |  | $ | (4,043) |  |  | $ | 186,125 |  |  |
| December 31, 2024
| Useful Life |  | Gross Carrying Value |  | Accumulated Amortization |  | Foreign Currency Translation |  | Net Carrying Value |  | Weighted-Average Remaining Useful Life
| (in thousands)
Trademarks | 8 years |  | $ | 34,300 |  |  | $ | 30,584 |  |  | $ | — |  |  | $ | 3,716 |  |  | 0.8 years
Customer relationships | 5 - 12 years |  | 257,308 |  |  | 142,131 |  |  | (1,993) |  |  | 113,184 |  |  | 5.3 years
Developed technology | 5 - 6.5 years |  | 75,487 |  |  | 39,826 |  |  | (5,352) |  |  | 30,309 |  |  | 3.0 years
Non-competes | 3 years |  | 1,349 |  |  | 967 |  |  | — |  |  | 382 |  |  | 0.8 years
Intellectual property | 5 years |  | 270 |  |  | 38 |  |  | — |  |  | 232 |  |  | 4.3 years
Total intangible assets |  |  | $ | 368,714 |  |  | $ | 213,546 |  |  | $ | (7,345) |  |  | $ | 147,823 |  |  |
Amortization expense was $13.1 million and $10.0 million for the three months ended September 30, 2025 and 2024, respectively, and $35.8 million and $30.3 million for the nine months ended September 30, 2025 and 2024, respectively. The expected future amortization expense as of September 30, 2025 for intangible assets acquired in connection with the Identity Automation acquisition is as follows:
Years ending December 31: |
2025 (remaining three months) | $ | 3,167 |
2026 | 12,668 |
2027 | 12,481 |
2028 | 12,419 |
2029 | 12,419 |
Thereafter | 11,712 |
Total amortization expense | $ | 64,866 |
There were no impairments to goodwill or intangible assets during the three and nine months ended September 30, 2025 and 2024.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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