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Other balance sheet components
12 Months Ended
Dec. 31, 2025
Other Balance Sheet Components [Abstract]  
Other balance sheet components Other balance sheet components
Property and equipment, net
Property and equipment, net consists of the following (in thousands):
December 31,
20252024
Leasehold improvements$95,309 $78,136 
Furniture and fixtures23,752 22,630 
Computer and network equipment33,092 31,407 
Total property and equipment152,153 132,173 
Less: accumulated depreciation (105,512)(89,746)
Construction in progress19,810 3,197 
Property and equipment, net$66,451 $45,624 
Depreciation expense was $19.4 million, $13.9 million and $14.1 million for the years ended December 31, 2025, 2024 and 2023, respectively.
Accrued expenses and other current liabilities
Accrued expenses and other current liabilities consists of the following (in thousands):
December 31,
20252024
Accrued hosting expenses$67,964 $56,946 
Accrued compensation57,089 52,717 
Accrued legal expenses11,440 47,599 
Operating lease liabilities41,437 34,425 
Deferred revenue47,467 23,387 
Other accrued expenses110,266 99,033 
Accrued expenses and other current liabilities$335,663 $314,107