v3.26.1
Revenues
 9 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
Revenues Revenues
Disaggregation of Revenues
Revenues by geography, based on the shipping address of our clients, were as follows (in thousands):
Three Months Ended March 31,Nine Months Ended March 31,
2026202520262025
U.S.$97,598 $84,822 $289,765 $246,532 
U.K.24,692 20,207 67,794 58,427 
Rest of the world23,747 24,038 67,713 64,122 
Total$146,037 $129,067 $425,272 $369,081 
No country other than those listed above accounted for 10% or more of the Company’s total revenues during the three and nine months ended March 31, 2026 and 2025.
Deferred Commissions
Deferred commissions were $40.2 million and $36.4 million as of March 31, 2026 and June 30, 2025, respectively. Amortization expense with respect to deferred commissions, which is included in Sales and marketing expense in the Company’s unaudited condensed consolidated statements of operations, was $5.4 million and $14.8 million for the three and nine months ended March 31, 2026, respectively, and $4.1 million and $12.2 million for the three and nine months ended March 31, 2025. There was no impairment loss in relation to the costs capitalized for the periods presented.
Contract Balances
The Company’s contract assets and liabilities were as follows (in thousands):
March 31, 2026June 30, 2025
Unbilled accounts receivable (1)
$12,058 $19,519 
Deferred revenue, net$281,814 $258,996 
(1)Long-term portion is nil and $57 thousand as of March 31, 2026 and June 30, 2025, respectively, and is included in Other assets on the unaudited condensed consolidated balance sheet.
There was no allowance for credit losses associated with unbilled receivables as of March 31, 2026 and June 30, 2025. During the nine months ended March 31, 2026 and 2025, the Company recognized $231.2 million and $187.8 million in revenue pertaining to deferred revenue as of June 30, 2025 and 2024, respectively.
Remaining Performance Obligations
Remaining performance obligations represent non-cancelable contracted revenues that have not yet been recognized, which includes deferred revenue and amounts that will be invoiced and recognized as revenues in future periods. SaaS subscription is typically satisfied over one to three years, license is typically satisfied at a point in time, support services are generally satisfied within one year, and professional services are typically satisfied within one year. Professional services contracts are not included in the performance obligations amount.
As of March 31, 2026, approximately $791.4 million of revenues is expected to be recognized from remaining performance obligations with approximately 56% over the next 12 months and the remainder thereafter.