v3.26.1
Goodwill and intangible assets (Tables)
 12 Months Ended
Mar. 31, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Goodwill
The following table summarizes the activity in the Company’s goodwill during the fiscal year ended March 31, 2026 and 2025 (in thousands):
As of March 31,
20262025
(In thousands)
Beginning balance$371,018$265,153
Additions117,932 103,565 
Purchase accounting adjustments —2,300
Ending balance$488,950$371,018
Summary of Identifiable Intangible Assets
The components of identifiable intangible assets are as follows (in thousands):
As of March 31, 2026As of March 31, 2025
Weighted-average remaining useful life (in years)Gross
carrying
amount		Accumulated
amortization		Net
carrying
amount		Gross
carrying
amount		Accumulated
amortization		Net
carrying
amount
Developed technology8.6$72,673$(8,784)$63,889$39,200$(2,394)$36,806
Customer relationships3.119,159(7,022)12,13718,000(2,779)15,221
Trade names and other intangibles1.65,157(3,137)2,0203,018(1,804)1,214
Total$96,989$(18,943)$78,046$60,218$(6,977)$53,241
Summary of Intangible Asset Amortization Expense Total intangible asset amortization expense recognized in operations during the fiscal years ended March 31, 2026, 2025 and 2024 are as follows:
Fiscal year ended March 31,
202620252024
(In thousands)
Cost of sales$6,742$2,744$275
Selling general and administrative expense5,2252,779—
Total amortization expense$11,967$5,523$275
Summary of Future Annual Amortization Expense
The estimated future annual amortization expense for the acquired finite-lived intangible assets as of March 31, 2026 is as follows:
Fiscal year ending March 31,Amount
(In thousands)
2027$12,892
202811,604
202911,236
20308,282
20317,461
Thereafter26,553
Total amortization expense$78,028