Goodwill and Intangible Assets

9 Months Ended

Sep. 30, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

Goodwill and Intangible Assets

The following table presents the changes in the carrying amount of goodwill (in thousands):

Balance as of December 31, 2024	$	1,457,685
Foreign currency translation	83,204
Balance as of September 30, 2025	$	1,540,889

Intangible assets, net consisted of the following (in thousands):

	Weighted- Average Remaining Useful Life (in years)	As of September 30, 2025						As of December 31, 2024
		Gross Carrying Value		Accumulated Amortization		Net Book Value		Gross Carrying Value		Accumulated Amortization		Net Book Value
Customer relationships	6.6	$	528,324	$	(205,613)	$	322,711	$	511,125	$	(160,810)	$	350,315
Developed technology	1.9	210,773		(150,573)		60,200		203,030		(119,552)		83,478
Other	3.5	65,185		(26,228)		38,957		56,880		(17,822)		39,058
Total intangible assets		$	804,282	$	(382,414)	$	421,868	$	771,035	$	(298,184)	$	472,851

The Company recorded amortization expenses related to acquired intangible assets as follows (in thousands):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2025		2024		2025		2024
Cost of revenue	$	11,730	$	9,596	$	30,589	$	28,726
Sales and marketing	13,888		13,695		41,210		41,005
Total	$	25,618	$	23,291	$	71,799	$	69,731