INTANGIBLE ASSETS AND GOODWILL (Tables)

9 Months Ended

Sep. 30, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of Finite-lived Intangible Assets

The Company’s finite-lived and indefinite-lived intangible assets are summarized as follows (in thousands):

	September 30, 2025
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Weighted-Average Remaining Useful Life (Years)
Developed technology	$	212,451	$	(120,442)	$	92,009	4.0
Customer relationships	75,950		(53,681)		22,269		6.4
Total finite-lived intangible assets	$	288,401	$	(174,123)	$	114,278	4.5

	December 31, 2024
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Weighted-Average Remaining Useful Life (Years)
Developed technology	$	185,947	$	(95,216)	$	90,731	4.0
Customer relationships	71,050		(43,683)		27,367		4.9
Total finite-lived intangible assets	$	256,997	$	(138,899)	$	118,098	4.2
In-process research and development	2,848		—		2,848
Total intangible assets	$	259,845	$	(138,899)	$	120,946

Summary of Intangible Assets Amortization Expense

Amortization expense recorded on the Company’s finite-lived intangible assets is summarized as follows (in thousands):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2025		2024		2025		2024
Cost of revenue	$	7,659	$	6,698	$	23,276	$	18,739
Sales and marketing	3,346		3,224		9,998		9,475
Research and development	661		668		1,951		2,008
Total amortization of acquired intangible assets	$	11,666	$	10,590	$	35,225	$	30,222

Schedule of Goodwill

The following table presents the changes in carrying amount of goodwill during the nine months ended September 30, 2025 (in thousands):

Beginning balance	$	549,651
Additions	23,706
Other adjustments, net(1)	576
Ending balance	$	573,933

(1) Includes acquisition-related post-closing net working capital adjustments and the effect of foreign currency translation