v3.25.4
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2025
Dec. 31, 2024
Revenue:        
Total revenue $ 515,473 $ 436,169 $ 1,486,671 $ 1,253,518
Cost of revenue:        
Amortization of acquired technology 866 3,756 2,561 12,528
Total cost of revenue 95,836 82,561 270,809 235,098
Gross profit 419,637 353,608 1,215,862 1,018,420
Operating expenses:        
Research and development 120,569 98,343 343,733 281,287
Sales and marketing 174,058 154,472 507,047 443,802
General and administrative 52,260 49,354 157,001 143,285
Amortization of other intangibles 12 3,975 36 13,527
Total operating expenses 346,899 306,144 1,007,817 881,901
Income from operations 72,738 47,464 208,045 136,519
Interest income, net 12,083 11,726 37,620 37,351
Other (expense) income, net (370) (2,072) 7,281 (6,145)
Income before income taxes 84,451 57,118 252,946 167,725
Income tax (expense) benefit (44,396) 304,634 (107,693) 276,655
Net income $ 40,055 $ 361,752 $ 145,253 $ 444,380
Net income per share:        
Basic (in dollars per share) $ 0.13 $ 1.21 $ 0.48 $ 1.49
Diluted (in dollars per share) $ 0.13 $ 1.19 $ 0.48 $ 1.47
Weighted average shares outstanding:        
Basic (in shares) 301,127 298,646 300,939 298,049
Diluted (in shares) 303,250 303,467 304,765 302,815
Subscription        
Revenue:        
Total revenue $ 493,372 $ 417,207 $ 1,423,968 $ 1,198,593
Cost of revenue:        
Cost of revenues 73,833 60,666 207,255 170,034
Service        
Revenue:        
Total revenue 22,101 18,962 62,703 54,925
Cost of revenue:        
Cost of revenues $ 21,137 $ 18,139 $ 60,993 $ 52,536