v3.26.1
Investments (Tables)
 12 Months Ended
Mar. 31, 2026
Investments, Debt and Equity Securities [Abstract]  
Schedule of Cost, Gross Unrealized Gains and Losses, and Fair Value of Investments
The cost, gross unrealized gains and losses, and fair value of investments are as follows (in thousands):
As of March 31, 2026
Cost or
Amortized
Cost		Gross
Unrealized
Gains		Gross
Unrealized
Losses		Fair Value
Cash equivalents:
Commercial paper$8,500 $— $(2)$8,498 
Money market funds174,953 — — 174,953 
Total cash equivalents183,453 — (2)183,451 
Marketable securities:
Commercial paper11,314 — (2)11,312 
Corporate notes and bonds390,900 341 (468)390,773 
U.S. government and agency securities127,169 246 (77)127,338 
Total marketable securities529,383 587 (547)529,423 
Total cash equivalents and marketable securities$712,836 $587 $(549)$712,874 
The cost, gross unrealized gains and losses, and fair value of investments were as follows (in thousands):
As of March 31, 2025
Cost or
Amortized
Cost		Gross
Unrealized
Gains		Gross
Unrealized
Losses		Fair Value
Cash equivalents:
Commercial paper$73,055 $— $(8)$73,047 
Money market funds84,475 — — 84,475 
Total cash equivalents157,530 — (8)157,522 
Marketable securities:
Commercial paper42,860 7 (4)42,863 
Corporate notes and bonds501,202 1,373 (131)502,444 
U.S. government and agency securities160,212 532 (1)160,743 
Total marketable securities704,274 1,912 (136)706,050 
Total cash equivalents and marketable securities$861,804 $1,912 $(144)$863,572 
Schedule of Contractual Maturities of Available-For-Sale Debt Securities
As of March 31, 2026, the contractual maturities of the Company’s available-for-sale debt securities were as follows (in thousands):
Fair Value
Due within one year$350,882 
Due in one to two years
187,039 
Total$537,921 
Schedule of Gross Unrealized Losses and Fair Values of Investments in an Unrealized Loss Position
The following tables summarize the gross unrealized losses and fair values of investments in an unrealized loss position, aggregated by security type and length of time that the individual securities have been in a continuous unrealized loss position (in thousands):
As of March 31, 2026
Less than 12 months12 months or greaterTotal
Fair ValueGross
Unrealized
Losses		Fair ValueGross
Unrealized
Losses		Fair ValueGross
Unrealized
Losses
Commercial paper$19,810 $(4)$— $— $19,810 $(4)
Corporate notes and bonds168,326 (468)— — 168,326 (468)
U.S. government and agency securities19,480 (77)— — 19,480 (77)
Total$207,616 $(549)$— $— $207,616 $(549)
As of March 31, 2025
Less than 12 months12 months or greaterTotal
Fair ValueGross
Unrealized
Losses		Fair ValueGross
Unrealized
Losses		Fair ValueGross
Unrealized
Losses
Commercial paper$84,043 $(12)$— $— $84,043 $(12)
Corporate notes and bonds80,981 (131)— — 80,981 (131)
U.S. government and agency securities12,241 (1)— — 12,241 (1)
Total$177,265 $(144)$— $— $177,265 $(144)