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Income Taxes
 3 Months Ended
Mar. 31, 2026
Income Tax Disclosure [Abstract]  
Income Taxes
9. Income Taxes
Due to the ongoing post-Acquisition integration efforts and inability to reliably estimate the annual effective tax rate, for the three months ended March 31, 2026 and the three months ended March 31, 2025, the Company’s interim benefit from income taxes is computed using the actual year-to-date results rather than an estimated annual effective tax rate.
The Company’s effective tax rate for the three months ended March 31, 2026 was 2.5%. The Company’s effective tax rate for the three months ended March 31, 2026 was lower than the U.S. federal statutory tax rate of 21%, primarily due to pre-tax loss, including U.S. losses being subject to valuation allowance during the three months ended March 31, 2026.
The Company’s effective tax rate for the three months ended March 31, 2025 was 19.4%. The Company’s effective tax rate for the three months ended March 31, 2025, was lower than the U.S. federal statutory tax rate of 21%, primarily due to the impact of certain non-deductible transaction costs and the higher profitability of non-U.S. jurisdictions, coupled with the pre-tax loss during the three months ended March 31, 2025, offset in part by the impact of state income taxes.