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Leases | 3 Months Ended
--- | ---
Mar. 31, 2026
Leases [Abstract] |
Operating Leases | 7. Leases The Company’s lease portfolio consists of office facilities, managed data center facilities and vehicles for its U.S. and international locations, with terms expiring through 2034. The Company accounts for these as operating leases and applies the short-term lease measurement and recognition exemption to leases with terms of 12 months or less. For real estate leases, the Company has elected the practical expedient to not separate lease and nonlease components. The following table summarizes assets and liabilities related to the Company’s operating leases:
| Condensed Consolidated Balance Sheets Location |  | March 31, 2026 |  | December 31, 2025
|  |  | (In thousands)
Operating lease assets | Operating lease right-of-use assets, net |  | $ | 27,986 |  |  | $ | 28,810 |
Current liabilities | Accrued and other current liabilities |  | $ | 9,030 |  |  | $ | 9,108 |
Non-current liabilities | Operating lease liabilities, non-current |  | $ | 20,985 |  |  | $ | 21,674 |
The following table presents the components of the Company’s total lease expense:
| Condensed Consolidated Statements |  | Three Months Ended March 31, |  |
| of Operations Location |  | 2026 |  | 2025 |  |  |  |
|  |  | (In thousands)
Operating lease cost: |  |  |  |  |  |  |  |  |
Fixed lease costs | Cost of revenue and operating expenses |  | $ | 3,245 |  |  | $ | 2,307 |  |  |  |  |
Variable lease costs | Operating expenses |  | 411 |  |  | 174 |  |  |  |  |
Short-term lease costs | Operating expenses |  | 366 |  |  | 402 |  |  |  |  |
Lease impairment cost | Impairment charges |  | — |  |  | 99 |  |  |  |  |
Sublease income | Operating expenses |  | (483) |  |  | (57) |  |  |  |  |
Total lease cost |  |  | $ | 3,539 |  |  | $ | 2,925 |  |  |  |  |
As of March 31, 2026, the maturities of the Company’s lease liabilities under operating leases were as follows:
Year |  | Operating Leases
|  | (In thousands)
Remainder of 2026 |  | $ | 8,753 |
2027 |  | 10,385 |
2028 |  | 8,121 |
2029 |  | 5,589 |
2030 |  | 1,789 |
Thereafter |  | 928 |
Total minimum payments required |  | $ | 35,565 |
Less: imputed interest |  | 5,550 |
Total present value of lease liabilities |  | $ | 30,015 |
The following table summarizes weighted-average lease terms and discount rates for the Company’s operating leases:
|  | March 31, 2026 |  | December 31, 2025
Weighted-average remaining lease term (in years) |  | 3.51 years |  | 3.53 years
Weighted-average discount rate |  | 9.89% |  | 9.85%
Finance Leases | 7. Leases The Company’s lease portfolio consists of office facilities, managed data center facilities and vehicles for its U.S. and international locations, with terms expiring through 2034. The Company accounts for these as operating leases and applies the short-term lease measurement and recognition exemption to leases with terms of 12 months or less. For real estate leases, the Company has elected the practical expedient to not separate lease and nonlease components. The following table summarizes assets and liabilities related to the Company’s operating leases:
| Condensed Consolidated Balance Sheets Location |  | March 31, 2026 |  | December 31, 2025
|  |  | (In thousands)
Operating lease assets | Operating lease right-of-use assets, net |  | $ | 27,986 |  |  | $ | 28,810 |
Current liabilities | Accrued and other current liabilities |  | $ | 9,030 |  |  | $ | 9,108 |
Non-current liabilities | Operating lease liabilities, non-current |  | $ | 20,985 |  |  | $ | 21,674 |
The following table presents the components of the Company’s total lease expense:
| Condensed Consolidated Statements |  | Three Months Ended March 31, |  |
| of Operations Location |  | 2026 |  | 2025 |  |  |  |
|  |  | (In thousands)
Operating lease cost: |  |  |  |  |  |  |  |  |
Fixed lease costs | Cost of revenue and operating expenses |  | $ | 3,245 |  |  | $ | 2,307 |  |  |  |  |
Variable lease costs | Operating expenses |  | 411 |  |  | 174 |  |  |  |  |
Short-term lease costs | Operating expenses |  | 366 |  |  | 402 |  |  |  |  |
Lease impairment cost | Impairment charges |  | — |  |  | 99 |  |  |  |  |
Sublease income | Operating expenses |  | (483) |  |  | (57) |  |  |  |  |
Total lease cost |  |  | $ | 3,539 |  |  | $ | 2,925 |  |  |  |  |
As of March 31, 2026, the maturities of the Company’s lease liabilities under operating leases were as follows:
Year |  | Operating Leases
|  | (In thousands)
Remainder of 2026 |  | $ | 8,753 |
2027 |  | 10,385 |
2028 |  | 8,121 |
2029 |  | 5,589 |
2030 |  | 1,789 |
Thereafter |  | 928 |
Total minimum payments required |  | $ | 35,565 |
Less: imputed interest |  | 5,550 |
Total present value of lease liabilities |  | $ | 30,015 |
The following table summarizes weighted-average lease terms and discount rates for the Company’s operating leases:
|  | March 31, 2026 |  | December 31, 2025
Weighted-average remaining lease term (in years) |  | 3.51 years |  | 3.53 years
Weighted-average discount rate |  | 9.89% |  | 9.85%

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- Definition The entire disclosure for finance leases of lessee. Includes, but is not limited to, description of lessee's finance lease and maturity analysis of finance lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/842-20/tableOfContent + Details
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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/842-20/tableOfContent + Details
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