v3.26.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands
12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2024
Revenue:      
Total revenue $ 2,018,387,000 $ 1,698,683,000 $ 1,430,530,000
Cost of revenue:      
Amortization of acquired technology 3,488,000 13,262,000 16,265,000
Total cost of revenue 372,204,000 320,192,000 266,453,000
Gross profit 1,646,183,000 1,378,491,000 1,164,077,000
Operating expenses:      
Research and development 474,312,000 384,572,000 304,739,000
Sales and marketing 690,489,000 605,599,000 534,233,000
General and administrative 217,414,000 195,347,000 174,412,000
Amortization of other intangibles 56,000 13,540,000 22,293,000
Impairment of long-lived assets 18,525,000 0 0
Total operating expenses 1,400,796,000 1,199,058,000 1,035,677,000
Income from operations 245,387,000 179,433,000 128,400,000
Interest income, net 47,731,000 48,281,000 37,284,000
Other income (expense), net 6,643,000 (4,285,000) (10,769,000)
Income before income taxes 299,761,000 223,429,000 154,915,000
Income tax (expense) benefit (137,092,000) 260,255,000 (283,000)
Net income $ 162,669,000 $ 483,684,000 $ 154,632,000
Net income per share:      
Basic (in dollars per share) $ 0.54 $ 1.62 $ 0.53
Diluted (in dollars per share) $ 0.54 $ 1.59 $ 0.52
Weighted average shares outstanding:      
Basic (in shares) 300,102 298,384 294,051
Diluted (in shares) 303,727 303,602 299,280
Subscription      
Revenue:      
Total revenue $ 1,929,722,000 $ 1,622,163,000 $ 1,359,354,000
Cost of revenue:      
Cost of revenues 284,611,000 233,299,000 184,765,000
Service      
Revenue:      
Total revenue 88,665,000 76,520,000 71,176,000
Cost of revenue:      
Cost of revenues $ 84,105,000 $ 73,631,000 $ 65,423,000

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