; ForgeRock, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Segment and Revenue Disclosures (Tables)

v3.21.2
Segment and Revenue Disclosures (Tables)
9 Months Ended
Sep. 30, 2021
Revenue from Contract with Customer [Abstract]  
Summary of Revenue by Geographic Region
Revenue by geographic region is based on the delivery address of the customer and is summarized in the below table (in thousands):
Three Months Ended September 30, Nine Months Ended September 30,
2021 2020 2021 2020
Americas $ 21,123  $ 18,422  $ 66,689  $ 47,900 
EMEA 16,194  10,367  45,084  30,714 
APAC 6,909  3,334  17,256  8,880 
Total Revenue $ 44,226  $ 32,123  $ 129,029  $ 87,494 
Summary of Disaggregation of Revenue In the following table, revenue is presented by software license and service categories (in thousands):
Three Months Ended September 30, Nine Months Ended September 30,
2021 2020 2021 2020
Revenue:
Multi-year term licenses $ 10,222  $ 7,162  $ 37,834  $ 17,440 
1-year term licenses
9,142  8,940  25,115  24,764 
Total subscription term licenses 19,364  16,102  62,949  42,204 
Subscription SaaS, support and maintenance 22,940  14,910  61,543  41,686 
42,304  31,012  124,492  83,890 
Perpetual licenses 183  158  885  739 
Total subscriptions and perpetual licenses 42,487  31,170  125,377  84,629 
Professional services 1,739  953  3,652  2,865 
Total Revenue $ 44,226  $ 32,123  $ 129,029  $ 87,494 
Summary of Contract Assets and Deferred Revenue
Contract assets and deferred revenue from contracts with customers were as follows (in thousands):
September 30,
2021
December 31,
2020
Contract assets $ 23,630  $ 11,347 
Deferred revenue 57,190  55,504 
Summary of Deferred Commissions
The following table summarizes the account activity of deferred commissions for the three and nine months ended September 30, 2021 and 2020:
Three Months Ended September 30, Nine Months Ended September 30,
2021 2020 2021 2020
Beginning balance $ 17,055  $ 10,225  $ 14,748  $ 10,042 
Additions to deferred commissions 4,656  4,654  14,197  11,170 
Amortization of deferred commissions (3,202) (3,281) (10,436) (9,614)
Ending balance $ 18,509  $ 11,598  $ 18,509  $ 11,598 
September 30,
2021
December 31,
2020
Deferred commissions, current $ 6,267  $ 5,923 
Deferred commissions, noncurrent 12,242  8,825 
Total deferred commissions $ 18,509  $ 14,748