v3.25.3
Accrued Expenses
9 Months Ended
Sep. 30, 2025
Payables and Accruals [Abstract]  
Accrued Expenses
Note 9—Accrued Expenses
Accrued expenses consisted of the following as of the dates indicated (in thousands):
As of September 30,
2025
As of December 31,
2024
Vendor accruals$122,408 $148,714 
Pass-through marketplace tax collection obligation 93,143 129,222 
Employee compensation-related liabilities67,683 75,676 
Taxes payable26,114 21,335 
Total accrued expenses$309,348 $374,947