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Revenues (Tables)
3 Months Ended
Mar. 31, 2026
Revenue Recognition [Abstract]  
Schedule of Revenue Recognition for Revenue Categories
The following table summarizes revenue recognition for each revenue category:
Revenue Category
Timing of Revenue Recognition
Income Statement Classification
Connected devices, software licenses, and otherPoint in time, as transfer of control occurs, generally upon installation and acceptance by the customerProduct
ConsumablesPoint in time, as transfer of control occurs, generally upon shipment to, or receipt by, customerProduct
Technical servicesOver time, as services are provided, typically ratably over the service termService
SaaS and Expert Services
Over time, as services are providedService
Schedule of Disaggregation of Revenue
The following table summarizes the Company’s revenues disaggregated by revenue type:
Three Months Ended March 31,
20262025
(In thousands)
Connected devices, software licenses, and other$148,662 $120,077 
Consumables26,138 25,091 
Technical services66,923 61,379 
SaaS and Expert Services
68,157 63,121 
Total revenues$309,880 $269,668 
Schedule of Disaggregation of Revenues by Geographical Location
The following table summarizes the Company’s revenues disaggregated by geographic region, which is determined based on customer location:
Three Months Ended March 31,
20262025
(In thousands)
United States$278,097 $249,264 
Rest of world (1)
31,783 20,404 
Total revenues$309,880 $269,668 
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(1)    No individual country represented more than 10% of total revenues.
Schedule of Contract Asset and Liabilities
The following table reflects the Company’s contract assets and contract liabilities:
March 31,
2026
December 31,
2025
(In thousands)
Short-term unbilled receivables, net (1)
$31,833 $28,396 
Long-term unbilled receivables, net (2)
2,791 3,521 
Total contract assets$34,624 $31,917 
Short-term deferred revenues$211,889 $171,861 
Long-term deferred revenues63,066 63,254 
Total contract liabilities$274,955 $235,115 
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(1)    Included in accounts receivable and unbilled receivables in the Condensed Consolidated Balance Sheets.
(2)    Included in other long-term assets in the Condensed Consolidated Balance Sheets.