v3.25.1
Goodwill and Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in Carrying Amount of Goodwill
The changes in the carrying amount of goodwill for the three months ended March 31, 2025 were as follows:
Goodwill
(in thousands)
Balance as of December 31, 2024$1,689,785 
Goodwill acquired— 
Foreign currency translation2,085 
Balance as of March 31, 2025$1,691,870 
Schedule of Intangible Assets
Intangible assets consisted of the following:
As of March 31, 2025
Weighted-
Average
Remaining
Useful Life (Years)
Gross
Carrying
Amount
Accumulated
Amortization
Net
(in thousands, except years)
Domain names1.8$745 $(629)$116 
Technology2.1303,734 (244,067)59,667 
Patents8.931,672 (16,633)15,039 
Total intangible assets
$336,151 $(261,329)$74,822 
As of December 31, 2024
Weighted-
Average
Remaining
Useful Life (Years)
Gross
Carrying
Amount
Accumulated
Amortization
Net
(in thousands, except years)
Domain names2.0$745 $(613)$132 
Technology2.3308,333 (238,189)70,144 
Patents8.839,373 (23,286)16,087 
Other—6,000 (6,000)— 
Total intangible assets
$354,451 $(268,088)$86,363 
Schedule of Estimated Intangible Asset Amortization Expense
As of March 31, 2025, the estimated intangible asset amortization expense for the next five years and thereafter is as follows:
Estimated
Amortization
(in thousands)
Remainder of 2025$29,972 
202620,299 
202712,124 
20284,343 
20291,335 
Thereafter6,749 
Total$74,822