Income Taxes

3 Months Ended

Mar. 31, 2025

Income Tax Disclosure [Abstract]

Income Taxes

12.Income Taxes

For the three months ended March 31, 2025 and 2024, the Company recorded income tax provisions of $2.1 million and $0.4 million, respectively. The Company’s effective tax rate for the three months ended March 31, 2025 and 2024 was 26.6% and 10.8%, respectively. The difference in effective tax rates between the periods was primarily due to higher income before income taxes and lower stock windfall tax benefits.