Goodwill and Intangible Assets

9 Months Ended

Mar. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill

The changes in the carrying amount of goodwill for the nine months ended March 31, 2025 are as follows (in thousands):


	Domestic		International		Total
Balance at June 30, 2024	$	3,974,823	$	180,021	$	4,154,844
Goodwill acquired(1)	783,633		74		783,707
Foreign currency translation	(1,033)		4,046		3,013
Balance at March 31, 2025	$	4,757,423	$	184,141	$	4,941,564

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(1)Includes goodwill initially allocated to new business combinations as well as measurement period adjustments, when applicable.

There were no impairments of goodwill during the periods presented.

Intangible Assets

Intangible assets consisted of the following (in thousands):


	March 31, 2025						June 30, 2024
	Gross carrying value		Accumulated amortization		Net carrying value		Gross carrying value		Accumulated amortization		Net carrying value
Customer contracts and related customer relationships	$	1,050,683	$	(407,662)	$	643,021	$	695,944	$	(353,159)	$	342,785
Acquired technologies	646,723		(172,513)		474,210		271,285		(139,716)		131,569
Total intangible assets	$	1,697,406	$	(580,175)	$	1,117,231	$	967,229	$	(492,875)	$	474,354

Amortization expense related to intangible assets was $36.8 million and $87.2 million for the three and nine months ended March 31, 2025, respectively, and $18.4 million and $55.1 million for the three and nine months ended March 31, 2024, respectively.