Revenue from Contracts with Customers

12 Months Ended

Dec. 31, 2024

Revenue from Contract with Customer [Abstract]

Revenue from Contracts with Customers

(3)    Revenue from Contracts with Customers

The following table summarizes the revenue by region based on the shipping address of customers who have contracted to use our product or service for the years ended December 31, 2024, 2023 and 2022:

	Year Ended December 31,
	2024		2023		2022
	(in thousands)
North America	$	643,405	$	607,448	$	541,812
Rest of world	200,602		170,259		143,271
Total revenue	$	844,007	$	777,707	$	685,083

Transaction Price Allocated to the Remaining Performance Obligations

The following table includes estimated revenue expected to be recognized in the future related to performance obligations that are unsatisfied or partially unsatisfied as of December 31, 2024. The estimated revenues do not include unexercised contract renewals.

	Next Twelve Months		Thereafter
	(in thousands)
Product subscriptions	$	587,450	$	291,435
Professional services	14,167		5,334
Total	$	601,617	$	296,769

(9)    Deferred Contract Acquisitions and Fulfillment Costs

The following table summarizes the activity of the deferred contract acquisition and fulfillment costs, which primarily consist of capitalized sales commissions, for the years ended December 31, 2024 and 2023:

	Year Ended December 31,
	2024		2023
	(in thousands)
Beginning balance	$	121,609	$	103,075
Capitalization of contract acquisition and fulfillment costs	57,796		60,528
Amortization of deferred contract acquisition and fulfillment costs	(53,599)		(41,994)
Ending balance	$	125,806	$	121,609