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Income Taxes
3 Months Ended
Mar. 31, 2026
Income Tax Disclosure [Abstract]  
Income Taxes Income TaxesFor the three months ended March 31, 2026 and 2025, the Company recognized an income tax expense of $9.6 million and $1.0 million, respectively. For the three months ended March 31, 2026 and March 31, 2025, the Company’s effective income tax rate was 21.8% and 4.1% respectively. The change in the Company’s effective tax rate is primarily due to the release of the Company’s valuation allowance on deferred tax assets that the Company now expects to realize. Prior to December 31, 2025, the Company maintained a full valuation allowance against its deferred tax assets; however, after considering all available evidence, the Company determined that it was more likely than not that it would be able to realize the benefit of its deferred tax assets.