v3.25.4
Segment Information And Information About Geographic Areas - Schedule of Segment Revenue, Significant Segment Expenses, and Reconciliation of The Company (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Revenues:      
Total Revenue $ 1,057,001 $ 944,800 $ 866,378
Segment Expenses:      
Interest expense 71,007 64,608 63,577
Interest income (4,882) (12,203) (16,252)
Income tax provision 19,841 13,074 5,524
Total operating expenses 682,966 633,698 660,084
Net Income (Loss) 1,688 31,240 (90,071)
Operating Segments [Member]      
Segment Expenses:      
Data licenses and royalties - adjusted [1] 45,104 43,698 40,957
Customer services - adjusted [2] 110,634 98,589 90,801
Products and technology - adjusted [3] 295,158 255,814 241,324
Revenue enablement - adjusted [4] 136,331 120,088 113,508
General corporate and administrative - adjusted [5] 82,183 69,641 62,985
Other segment items [6] 141,402 145,819 198,358
Amortization expense 91,520 80,768 98,035
Depreciation expense 58,629 42,809 36,793
Interest expense 71,007 64,608 63,577
Interest income (4,882) (12,203) (16,252)
Significant non-cash items [7] 8,386 (9,145) 20,839
Income tax provision 19,841 13,074 5,524
Total operating expenses 1,055,313 913,560 956,449
Net Income (Loss) 1,688 31,240 (90,071)
Domestic Segment [Member]      
Revenues:      
Total Revenue 1,050,161 938,031 859,548
Other [Member]      
Revenues:      
Total Revenue [8] $ 6,840 $ 6,769 $ 6,830
[1] Data licenses and royalties – adjusted expenses include third party costs for data licensing and royalty fees.
[2] Customer services – adjusted expenses include the costs to deliver services to customers, including software configuration, integration and implementation services and customer support activities. Customer services – adjusted excludes stock-based compensation expense and related employer payroll tax.
[3] Products and technology – adjusted expenses include costs related to the engineering, product management design and development of the Company’s solutions, and costs related to the Company’s hosting environments, support of production infrastructure, support of internal systems and infrastructure and IT security. Products and technology – adjusted excludes stock-based compensation expense and related employer payroll tax.
[4] Revenue enablement – adjusted expenses include costs for sales and marketing functions, including sales incentives, advertising costs, and event costs. Revenue enablement – adjusted excludes stock-based compensation expense and related employer payroll tax.
[5] General corporate and administrative – adjusted expenses include costs for our executive management and administrative employees, including finance and accounting, human resources, facilities and legal functions. Additional expenses include professional service fees, insurance premiums and other corporate expenses that are not allocated to the other adjusted expense categories. General corporate and administrative – adjusted excludes stock-based compensation expense and related employer payroll tax, litigation proceeds and litigation costs in which the Company is the plaintiff and related antitrust matters, costs associated with the acquisition and integration of completed and potential mergers and acquisitions, costs related to equity transactions, including secondary offerings and debt refinancing costs.
[6] Other segment items include those items excluded from the significant segment expense categories and identified in the above descriptions, adjustments for capitalized labor costs incurred on internal development projects, and expenses of an insignificant segment that does not meet the quantitative thresholds for determining reporting segments.
[7] Significant non-cash items include changes in fair value of derivative instruments and changes in fair value of warrant liabilities.
[8] Represents revenue from an insignificant segment that does not meet the quantitative thresholds for determining reportable segments.