v3.26.1
Revenue Recognition
 12 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
Revenue Recognition Revenue Recognition
Revenue Disaggregation
Revenue consisted of the following (in thousands):
Fiscal Year Ended March 31,
202620252024
Subscription$608,413 $543,770 $450,071 
Other36,450 26,629 25,351 
Total revenue$644,863 $570,399 $475,422 
Contract Balances
Changes in the Company’s deferred revenue balances were as follows (in thousands):
As of March 31,
20262025
Beginning balance$114,565 $99,356 
Additions, net, during the period636,748 585,608 
Revenue recognized from the beginning balance(114,028)(94,675)
Revenue recognized from contracts invoiced during the period(530,835)(475,724)
Ending balance$106,450 $114,565 
The Company’s unbilled revenue balances were $2.2 million and $1.7 million as of March 31, 2026 and 2025, respectively.
Deferred Contract Costs
The Company capitalized $14.5 million, $12.1 million, and $8.6 million of contract acquisition costs for the fiscal years ended March 31, 2026, 2025, and 2024, respectively. Amortization of deferred contract costs was $13.5 million, $10.0 million, and $8.9 million for the fiscal years ended March 31, 2026, 2025, and 2024, respectively. The Company’s current and non-current deferred contract cost balances were $8.0 million and $0.6 million, respectively, as of March 31, 2026, and were $7.0 million and $0.5 million, respectively, as of March 31, 2025. Deferred contract costs are periodically analyzed for impairment. There were no impairment losses relating to deferred contract costs during the fiscal years ended March 31, 2026, 2025, and 2024.