v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Mar. 31, 2025
Current assets:    
Cash and cash equivalents $ 899,987 $ 302,103
Trade accounts receivable, net 330,483 251,995
Assets held for sale 0 34,770
Other current assets 56,040 46,189
Total current assets 1,286,510 635,057
Deferred tax assets, net 153,766 133,378
Property and equipment, net 9,750 8,294
Operating lease assets 34,920 10,124
Deferred commissions cost 103,892 79,309
Intangible assets, net 19,715 20,737
Goodwill 209,322 185,255
Other assets 68,430 46,112
Total assets 1,886,305 1,118,266
Current liabilities:    
Accounts payable 651 373
Accrued liabilities 165,583 147,133
Current portion of operating lease liabilities 6,963 4,614
Deferred revenue 484,973 402,930
Total current liabilities 658,170 555,050
Convertible notes, net 880,863 0
Deferred revenue, less current portion 293,725 223,282
Deferred tax liabilities 1,565 1,384
Long-term operating lease liabilities 29,675 6,338
Other liabilities 14,813 7,090
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Preferred stock, $0.01 par value: 50,000 shares authorized, no shares issued and outstanding 0 0
Common stock, $0.01 par value, 250,000 shares authorized, 41,255 shares and 44,104 shares issued and outstanding at March 31, 2026 and 2025, respectively 412 441
Additional paid-in capital 1,495,597 1,474,377
Accumulated deficit (1,472,124) (1,134,063)
Accumulated other comprehensive loss (16,391) (15,633)
Total stockholders’ equity 7,494 325,122
Total liabilities and stockholders’ equity $ 1,886,305 $ 1,118,266