v3.26.1
Revenue from Contracts with Customers (Tables)
 12 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following tables summarize the Company's revenue from contracts with its customers disaggregated by segment and product type for the fiscal years ended March 31, 2026, 2025 and 2024:
Year Ended March 31,
20262025
Digital
Print (1)
TotalDigital
Print (1)
Total
Revenue by Segment:
K-12$429,644 $454,836 $884,480 $430,546 $539,938 $970,484 
Higher Education799,898 79,056 878,954 723,066 59,544 782,610 
Global Professional107,120 42,956 150,076 102,996 46,592 149,588 
International96,986 89,699 186,685 102,719 98,683 201,402 
Other (2)
— 2,586 2,586 — (2,785)(2,785)
Total Revenue
$1,433,648 $669,133 $2,102,781 $1,359,327 $741,972 $2,101,299 
_______________
(1)Print revenue contains print and multi-year print products.
(2)Includes in-transit product sales and intersegment revenue adjustments that are not included with segment revenues reviewed by the Company's CODM.
Year Ended March 31, 2024
Digital
Print (1)
Total
Revenue by Segment:
K-12$425,786 $479,069 $904,855 
Higher Education633,762 68,425 702,187 
Global Professional97,202 55,877 153,079 
International98,585 101,879 200,464 
Other (2)
— (107)(107)
Total Revenue
$1,255,335 $705,143 $1,960,478 
_______________
(1)Print revenue contains print and multi-year print products.
(2)Includes in-transit product sales and intersegment revenue adjustments that are not included with segment revenues reviewed by the Company's CODM.
Year Ended March 31,
20262025
Re-occurring
Revenue
Transactional
Revenue
Total
Re-occurring
Revenue
Transactional
Revenue
Total
K-12
$619,725 $264,755 $884,480 $602,040 $368,444 $970,484 
Higher Education
734,353 144,601 878,954 666,748 115,862 782,610 
Global Professional98,746 51,330 150,076 95,094 54,494 149,588 
International88,143 98,542 186,685 92,959 108,443 201,402 
Other— 2,586 2,586 — (2,785)(2,785)
Total Revenue
$1,540,967 $561,814 $2,102,781 $1,456,841 $644,458 $2,101,299 
Year Ended March 31,
2024
Re-occurring
Revenue
Transactional
Revenue
Total
K-12
$553,856 $350,999 $904,855 
Higher Education
584,837 117,350 702,187 
Global Professional
87,938 65,141 153,079 
International
87,918 112,546 200,464 
Other
— (107)(107)
Total Revenue
$1,314,549 $645,929 $1,960,478 
Schedule of Deferred Commission Costs and Deferred Royalties
Deferred commission costs consisted of the following:
March 31,
20262025
Current$19,325 $22,449 
Non-current19,765 18,794 
Total Deferred Commission Costs
$39,090 $41,243 
Deferred royalties consisted of the following:
March 31,
20262025
Current$75,696 $76,186 
Non-current51,774 61,495 
Total Deferred Royalties
$127,470 $137,681 
Schedule of Contract Assets and Liabilities
Contract assets and contract liabilities consisted of the following:
March 31,
20262025
Contract assets$23,570 $29,032 
Contract liabilities (deferred revenue):
Current835,357 794,031 
Non-current836,001 882,156 
Total Contract Liabilities
$1,671,358 $1,676,187 
Total contract liabilities by segment consisted of the following:
March 31,
20262025
Total Contract Liabilities by Segment:
K-12$1,249,373 $1,279,585 
Higher Education321,999 297,316 
Global Professional65,977 62,348 
International33,064 33,407 
Other (1)
945 3,531 
Total Contract Liabilities
$1,671,358 $1,676,187 
_______________
(1)Includes contract liabilities for in-transit product sales that are not included in segment contract liabilities.
Schedule of Estimated Revenue to be Recognized
Estimated revenue expected to be recognized in future fiscal years ended March 31, related to amounts included within deferred revenue as of March 31, 2026, was as follows:
2027$835,357 
2028363,758 
2029235,498 
2030128,194 
203166,775 
Thereafter41,776 
$1,671,358