Segment Information (Tables)

3 Months Ended

Mar. 31, 2026

Schedule of Segment Reporting Information, by Segment

The following tables summarize the operating results of the Company's reportable segments. The segment expense categories shown align with the segment-level information that is regularly provided to the CODM. Segment cost of services, Segment sales and marketing, Segment research and development, and Segment general and administrative expenses presented below exclude the allocation of depreciation and amortization expense, stock-based compensation expense, restructuring and integration expenses, transaction costs and other expenses, since these amounts are not reflected in the primary measure of segment profitability.


	Three Months Ended March 31, 2026
(in thousands)	SaaS		Marketing Services		Total
Segment revenue	$	116,738	$	50,946	$	167,684
Less:
Segment cost of services	38,562		16,210		54,772
Segment sales and marketing	33,435		11,360		44,795
Segment research and development	10,363		—		10,363
Segment general and administrative	23,562		10,128		33,690
Segment Adjusted EBITDA	$	10,816	$	13,248	$	24,064


	Three Months Ended March 31, 2025
(in thousands)	SaaS		Marketing Services		Total
Segment revenue	$	111,129	$	70,242	$	181,371
Less:
Segment cost of services	29,676		28,028		57,704
Segment sales and marketing	36,777		17,470		54,247
Segment research and development	9,023		—		9,023
Segment general and administrative	24,838		14,658		39,496
Segment Adjusted EBITDA	$	10,815	$	10,086	$	20,901

Schedule of Reconciliation of Earnings Before Interest, Tax, Depreciation, and Amortization from Segments to Consolidated

A reconciliation of the Company’s Loss before income tax benefit to total Segment Adjusted EBITDA is as follows:


	Three Months Ended March 31,
(in thousands)	2026		2025
Loss before income tax benefit	$	(1,461)	$	(12,483)
Interest expense	6,607		9,073
Depreciation and amortization expense	9,166		11,516
Stock-based compensation expense	4,750		7,737
Restructuring and integration expenses	6,090		4,682
Net periodic pension cost	345		768

Other	(1,433)		(392)
Total Segment Adjusted EBITDA	$	24,064	$	20,901

Schedule of Disaggregation of Revenue

The following table summarizes the Company's Revenue based on type of service for the periods indicated:


	Three Months Ended March 31,
(in thousands)	2026		2025
SaaS	$	116,738	$	111,129
Marketing Services
Print	33,586		37,711
Digital	17,360		32,531
Total Marketing Services	50,946		70,242
Revenue	$	167,684	$	181,371

The following table summarizes the Company's Revenue by geographic region, based on the location of the customer, for the periods indicated:


	Three Months Ended March 31,
(in thousands)	2026		2025
United States	$	136,706	$	146,113
International	30,978		35,258
Revenue	$	167,684	$	181,371