v3.25.4
Fee Revenue (Tables)
 9 Months Ended
Jan. 31, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Contract Asset and Liability
The following table outlines the Company’s contract asset and liability balances as of January 31, 2026 and April 30, 2025:
January 31, 2026April 30, 2025
(in thousands)
Contract assets-unbilled receivables$119,492 $113,743 
Contract liabilities-deferred revenue$259,642 $245,379 
Schedule of Disaggregation of Fee Revenue by Industry
The following table provides further disaggregation of fee revenue by industry:
Three Months Ended January 31,
20262025
Dollars%Dollars%
(dollars in thousands)
Industrial$226,085 31.5 %$198,830 29.7 %
Financial Services
135,951 19.0 126,378 18.9 
Life Sciences/Healthcare
121,526 16.9 118,358 17.7 
Technology
103,839 14.4 98,425 14.7 
Consumer Goods
88,657 12.4 83,977 12.6 
Education/Non–Profit/General41,327 5.8 42,761 6.4 
Fee Revenue$717,385 100.0 %$668,729 100.0 %
Nine Months Ended January 31,
20262025
Dollars%Dollars%
(dollars in thousands)
Industrial$678,968 31.6 %$605,614 30.0 %
Financial Services408,305 19.0 377,625 18.7 
Life Sciences/Healthcare358,084 16.7 349,946 17.3 
Technology
313,644 14.6 292,362 14.5 
Consumer Goods
257,991 12.0 257,622 12.8 
Education/Non–Profit/General130,705 6.1 134,871 6.7 
Fee Revenue$2,147,697 100.0 %$2,018,040 100.0 %