v3.26.1
Stock-Based Compensation (Tables)
 9 Months Ended
Mar. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Summary of Stock Option Activity
Stock option activity under the Company’s equity incentive plans during the nine months ended March 31, 2026 was as follows (in thousands, except per share data):
Number of
Options		Weighted-
Average
Exercise
Price		Weighted-
Average
Remaining
Contractual
Term
(in years)
Aggregate
Intrinsic
Value (1)
Balance as of June 30, 20252,628$11.42 3.8$105,632 
Exercised(973)9.64 
Forfeited/Expired(7)13.01 
Balance as of March 31, 20261,648$12.46 3.6$22,030 
Vested and exercisable as of March 31, 20261,648$12.46 3.6$22,030 
Vested and expected to vest as of March 31, 20261,648$12.46 3.6$22,030 
(1)Aggregate intrinsic value for stock options represents the difference between the exercise price and the per share fair value of the Company’s common stock as of the end of the period, multiplied by the number of stock options outstanding.
Schedule of PSU Activity
PSU activity during the nine months ended March 31, 2026 was as follows (in thousands, except per share data):
Number of SharesWeighted-
Average
Grant Date
Fair Value
Balance as of June 30, 20252,010$37.98 
Granted1,06046.08 
Vested(683)37.28 
Forfeited(250)33.14 
Balance as of March 31, 20262,137$42.78 
Schedule of RSU Activity
RSU activity during the nine months ended March 31, 2026 was as follows (in thousands, except per share data):
Number of SharesWeighted-
Average
Grant Date
Fair Value
Balance as of June 30, 20253,306$41.27 
Granted3,02834.06 
Vested(1,202)37.82 
Forfeited(364)40.80 
Balance as of March 31, 20264,768$37.59 
Summary of Stock-Based Compensation Expense
The Company recorded stock-based compensation expense in the unaudited condensed consolidated statements of operations as follows (in thousands):
Three Months Ended March 31,Nine Months Ended March 31,
2026202520262025
Cost of revenues
Cost of SaaS$964 $839 $2,657 $2,354 
Cost of license178 164 513 552 
Cost of professional services1,506 1,616 4,513 4,647 
Research and development9,864 6,381 26,485 17,805 
Sales and marketing9,027 6,267 26,204 19,237 
General and administrative9,572 7,448 28,723 23,520 
Total stock-based compensation$31,111 $22,715 $89,095 $68,115