v3.26.1
Segment and Geographic Information (Tables)
 12 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The CODM also utilizes expense information in order to assess the Company’s financial performance. The Company’s significant expenses and other segment items, as included in consolidated net income, are provided in the table below (in thousands):
Fiscal Year Ended March 31,
202620252024
Revenue$2,018,387 $1,698,683 $1,430,530 
Adjusted cost of revenue(1)
324,507 267,559 221,508 
Adjusted research and development expenses(1)
351,796 276,582 229,724 
Adjusted sales and marketing expenses(1)
599,311 523,919 463,288 
Adjusted general and administrative expenses(1)
150,844 137,083 117,771 
Share-based compensation and related employer payroll taxes314,918 287,147 222,884 
Amortization of intangibles3,544 26,802 38,558 
Other segment items(2)
110,798 (304,093)(17,835)
Segment net income$162,669 $483,684 $154,632 
Consolidated net income$162,669 $483,684 $154,632 
(1) Excludes share-based compensation; employer payroll taxes on employee stock transactions; amortization of intangibles; and transaction, restructuring and other-non-recurring or unusual items, which are independently reviewed by the CODM.
(2) Other segment items primarily includes interest income, net; other income (expense), net; and income tax (expense) benefit, as reported in the consolidated statements of operations. Other segment items also includes $28.1 million, $0.2 million, and $8.4 million of transaction, restructuring and other-non-recurring or unusual items, which includes the impairment of long-lived assets on the consolidated statements of operations, for the years ended March 31, 2026, 2025, and 2024, respectively.
Schedule of Long-lived Assets by Geographical Region
The following table presents the Company’s long-lived assets, net, which consists of property and equipment, net, and operating lease right-of-use asset, net, by geographic region for the periods presented (in thousands):
March 31,
20262025
North America$40,905 $36,522 
Europe, Middle East and Africa163,985 88,255 
Asia Pacific6,876 3,577 
Latin America512 647 
Total long-lived assets, net$212,278 $129,001