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Accounts Receivable, Net
 9 Months Ended
Sep. 30, 2026
Receivables [Abstract]  
Accounts Receivable, Net Accounts Receivable, Net
Accounts receivable, net consists of (in thousands):
September 30,December 31,
20262025
Accounts receivable
$199,104 $107,960 
Unbilled services
74,906 17,134 
Total accounts receivable
274,010 125,094 
Allowance for credit losses
(7,271)(1,676)
Total accounts receivable, net
$266,739 $123,418 
The following table summarizes changes in the allowance for credit losses for the nine months ended September 30, 2026 and year ended December 31, 2025 (in thousands):
September 30,December 31,
20262025
Balance at beginning of period
$1,676 $3,071 
Addition to / (reduction in) provision
6,391 (1,198)
Write-offs, net of recoveries
(796)(197)
Balance at end of period$7,271 $1,676 
The opening balance of accounts receivable, net on January 1, 2025 was $117.8 million.