v3.25.4
Revenue from Contracts with Customers (Tables)
 9 Months Ended
Dec. 31, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following tables summarize the Company's revenue from contracts with its customers disaggregated by segment and product type for the three and nine months ended December 31, 2025 and 2024:

Three Months Ended December 31,
20252024
DigitalPrint (1)TotalDigitalPrint (1)Total
Revenue by Segment:
K-12$103,513 $24,676 $128,189 $107,976 $42,206 $150,182 
Higher Education203,104 22,259 225,363 162,717 19,043 181,760 
Global Professional28,249 7,990 36,239 26,398 9,133 35,531 
International28,819 15,242 44,061 30,561 14,328 44,889 
Other (2)— 310 310 — 4,131 4,131 
Total Revenue $363,685 $70,477 $434,162 $327,652 $88,841 $416,493 
___________________
(1)
Print revenue contains print and multi-year print products.
(2)
Includes in-transit product sales and intersegment revenue adjustments that are not included within segment revenues reviewed by the Company's CODM.
    

Nine Months Ended December 31,
20252024
DigitalPrint (1)TotalDigitalPrint (1)Total
Revenue by Segment:
K-12$330,746 $427,521 $758,267 $328,516 $501,138 $829,654 
Higher Education558,099 62,605 620,704 473,966 54,530 528,496 
Global Professional79,543 31,663 111,206 76,742 34,490 111,232 
International72,544 73,326 145,870 79,095 79,282 158,377 
Other (2)— 3,012 3,012 — 278 278 
Total Revenue $1,040,932 $598,127 $1,639,059 $958,319 $669,718 $1,628,037 
___________________
(1)
Print revenue contains print and multi-year print products.
(2)
Includes in-transit product sales and intersegment revenue adjustments that are not included within segment revenues reviewed by the Company's CODM.
Three Months Ended December 31,
20252024

Re-occurring
Revenue		Transactional
Revenue		TotalRe-occurring
Revenue		Transactional
Revenue		Total
K-12
$110,706 $17,483 $128,189 $112,537 $37,645 $150,182 
Higher Education
196,016 29,347 225,363 146,854 34,906 181,760 
Global Professional
25,293 10,946 36,239 24,438 11,093 35,531 
International
25,445 18,616 44,061 27,550 17,339 44,889 
Other
— 310 310 — 4,131 4,131 
Total Revenue
$357,460 $76,702 $434,162 $311,379 $105,114 $416,493 

Nine Months Ended December 31,
20252024

Re-occurring
Revenue		Transactional
Revenue		TotalRe-occurring
Revenue		Transactional
Revenue		Total
K-12
$510,583 $247,684 $758,267 $489,656 $339,998 $829,654 
Higher Education
517,247 103,457 620,704 438,441 90,055 528,496 
Global Professional
73,605 37,601 111,206 70,614 40,618 111,232 
International
66,033 79,837 145,870 71,120 87,257 158,377 
Other
— 3,012 3,012 — 278 278 
Total Revenue
$1,167,468 $471,591 $1,639,059 $1,069,831 $558,206 $1,628,037 
Schedule of Deferred Commission Costs and Deferred Royalties
Deferred commission costs consisted of the following:

December 31, 2025March 31, 2025
Current$18,267 $22,449 
Non-current22,593 18,794 
Total Deferred Commission Costs $40,860 $41,243 
Deferred royalties consisted of the following:

December 31, 2025March 31, 2025
Current$70,034 $76,186 
Non-current55,475 61,495 
Total Deferred Royalties $125,509 $137,681 
Schedule of Contract Assets and Liabilities
Contract assets and contract liabilities consisted of the following:

December 31, 2025March 31, 2025
Contract assets$8,974 $29,032 
Contract liabilities (deferred revenue):
Current813,153 794,031 
Non-current883,663 882,156 
Total Contract Liabilities $1,696,816 $1,676,187 
Total contract liabilities by segment consisted of the following:

December 31, 2025March 31, 2025
Total Contract Liabilities by Segment:
K-12$1,334,884 $1,279,585 
Higher Education253,693 297,316 
Global Professional72,252 62,348 
International35,467 33,407 
Other (1)
520 3,531 
Total Contract Liabilities
$1,696,816 $1,676,187 
_______________
(1)
Includes contract liabilities for in-transit product sales that are not included in segment contract liabilities.
Schedule of Estimated Revenue to be Recognized
Estimated revenue expected to be recognized in future fiscal years ended March 31, related to amounts included within deferred revenue as of December 31, 2025 was as follows:
2026 (remaining three months)
$264,146 
2027628,628 
2028350,916 
2029225,740 
2030122,643 
Thereafter104,743 
$1,696,816