Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2025

Share-Based Payment Arrangement [Abstract]

The following table summarizes stock option activity for the years ended December 31, 2025, 2024, and 2023:


	Number of Shares	Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (in years)	Aggregate Intrinsic Value (in thousands)
Outstanding at December 31, 2022	2,697,959	$	20.25	5.1	$	45,862
Granted	—	—
Exercised	(98,610)	7.56			3,387
Expired	—	—
Forfeited	—	—
Outstanding at December 31, 2023	2,599,349	20.73		4.2	53,089
Granted	—	—
Exercised	(1,543,436)	9.37			36,383
Expired	(384)	12.00
Forfeited	—	—
Outstanding at December 31, 2024	1,055,529	37.34		5.6	7,751
Granted	—	—
Exercised	(107,821)	10.37			2,557
Expired	(2)	6.03
Forfeited	—	—
Outstanding at December 31, 2025	947,706	$	40.41	5.1	$	5,918

Exercisable at December 31, 2025	247,706	$	11.53	1.2	$	5,918

Schedule of Restricted Stock Unit Activity

The following table summarizes RSU activity for the years ended December 31, 2025, 2024, and 2023:


	Number of Shares	Weighted Average Grant Date Fair Value
Non-vested and outstanding at December 31, 2022	1,190,720	$	65.97
Granted	710,278	42.52
Vested	(668,119)	58.64
Forfeited	(154,815)	62.73
Non-vested and outstanding at December 31, 2023	1,078,064	55.52
Granted	987,528	35.61
Vested	(657,897)	52.04
Forfeited	(261,535)	45.81
Non-vested and outstanding at December 31, 2024	1,146,160	42.59
Granted	1,901,704	30.19
Vested	(678,558)	43.65
Forfeited	(256,556)	39.15
Non-vested and outstanding at December 31, 2025	2,112,750	$	31.49

Schedule of Components of Stock-based Compensation Expense

The following table summarizes the components of our stock-based compensation expense by instrument type for the years ended December 31, 2025, 2024, and 2023 (in thousands):


	Year Ended December 31,
	2025		2024		2023
RSUs	$	35,437	$	33,267	$	37,563
Stock options	4,827		5,059		5,045
PSUs	580		—		—
Common stock awards to Board of Directors	696		719		779
Total stock-based compensation expense	$	41,540	$	39,045	$	43,387

Schedule of Stock-based Compensation Expense Included in Condensed Consolidated Statements of Operations

The following table summarizes stock-based compensation expense by line item in the accompanying consolidated statements of operations for the years ended December 31, 2025, 2024, and 2023 (in thousands):


	Year Ended December 31,
	2025		2024		2023
Cost of revenue
Subscriptions	$	1,810	$	1,638	$	1,690
Professional services	5,787		5,925		6,354
Operating expenses
Sales and marketing	8,434		8,526		11,247
Research and development	12,407		12,077		12,864
General and administrative	13,102		10,879		11,232
Total stock-based compensation expense	$	41,540	$	39,045	$	43,387