v3.25.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenue:        
Total revenue $ 493,849 $ 418,129 $ 971,198 $ 817,349
Cost of revenue:        
Amortization of acquired technology 859 4,393 1,695 8,772
Total cost of revenue 89,764 77,784 174,973 152,537
Gross profit 404,085 340,345 796,225 664,812
Operating expenses:        
Research and development 114,992 95,366 223,164 182,944
Sales and marketing 167,675 144,224 332,989 289,330
General and administrative 48,437 48,953 104,741 93,931
Amortization of other intangibles 12 4,776 24 9,552
Total operating expenses 331,116 293,319 660,918 575,757
Income from operations 72,969 47,026 135,307 89,055
Interest income, net 13,242 12,850 25,537 25,625
Other income (expense), net 894 (2,038) 7,651 (4,073)
Income before income taxes 87,105 57,838 168,495 110,607
Income tax expense (29,862) (13,830) (63,297) (27,979)
Net income $ 57,243 $ 44,008 $ 105,198 $ 82,628
Net income per share:        
Basic (in dollars per share) $ 0.19 $ 0.15 $ 0.35 $ 0.28
Diluted (in dollars per share) $ 0.19 $ 0.15 $ 0.35 $ 0.27
Weighted average shares outstanding:        
Basic (in shares) 301,558 298,089 300,859 297,736
Diluted (in shares) 304,303 301,373 304,801 301,714
Subscription        
Revenue:        
Total revenue $ 473,089 $ 399,810 $ 930,596 $ 781,386
Cost of revenue:        
Cost of revenues 68,404 55,796 133,422 109,368
Service        
Revenue:        
Total revenue 20,760 18,319 40,602 35,963
Cost of revenue:        
Cost of revenues $ 20,501 $ 17,595 $ 39,856 $ 34,397

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