Revenue from Contracts with Customers (Tables)
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9 Months Ended |
Jun. 30, 2026 |
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| Revenue from Contract with Customer [Abstract] |
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| Schedule of Receivables, Contract Assets and Liabilities |
Receivables, Contract Assets and Contract Liabilities
|
|
|
|
|
|
|
|
|
(in thousands) |
|
June 30, 2026 |
|
|
September 30, 2025 |
|
Short-term receivables |
|
$ |
824,107 |
|
|
$ |
1,001,085 |
|
Long-term receivables |
|
$ |
420,719 |
|
|
$ |
378,941 |
|
Contract asset |
|
$ |
13,780 |
|
|
$ |
11,044 |
|
Deferred revenue |
|
$ |
712,527 |
|
|
$ |
827,065 |
|
|
| Disaggregation of Revenue |
Disaggregation of Revenue
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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(in thousands) |
|
Three months ended |
|
|
Nine months ended |
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|
|
June 30, 2026 |
|
|
June 30, 2025 |
|
|
June 30, 2026 |
|
|
June 30, 2025 |
|
Recurring revenue(1) |
|
$ |
576,011 |
|
|
$ |
613,583 |
|
|
$ |
1,976,667 |
|
|
$ |
1,739,443 |
|
Perpetual license |
|
|
691 |
|
|
|
7,763 |
|
|
|
13,263 |
|
|
|
23,004 |
|
Professional services |
|
|
23,347 |
|
|
|
22,591 |
|
|
|
70,247 |
|
|
|
82,984 |
|
Total revenue |
|
$ |
600,049 |
|
|
$ |
643,937 |
|
|
$ |
2,060,177 |
|
|
$ |
1,845,431 |
|
(1)Recurring revenue is comprised of on-premises subscription, perpetual support, SaaS, and hosting services revenue.
|
| Summary of Revenue and Profit Attributable to Product Groups |
We report revenue by the following two product groups:
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(in thousands) |
|
Three months ended |
|
|
Nine months ended |
|
|
|
June 30, 2026 |
|
|
June 30, 2025 |
|
|
June 30, 2026 |
|
|
June 30, 2025 |
|
Product lifecycle management (PLM) |
|
$ |
356,970 |
|
|
$ |
403,722 |
|
|
$ |
1,280,640 |
|
|
$ |
1,153,331 |
|
Computer-aided design (CAD) |
|
|
243,079 |
|
|
|
240,215 |
|
|
|
779,537 |
|
|
|
692,100 |
|
Total revenue |
|
$ |
600,049 |
|
|
$ |
643,937 |
|
|
$ |
2,060,177 |
|
|
$ |
1,845,431 |
|
|
| Summary of Revenue for Geographic Regions |
Our international revenue is presented based on the location of our customer. Revenue for the geographic regions in which we operate is presented below.
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(in thousands) |
|
Three months ended |
|
|
Nine months ended |
|
|
|
June 30, 2026 |
|
|
June 30, 2025 |
|
|
June 30, 2026 |
|
|
June 30, 2025 |
|
Americas |
|
$ |
270,305 |
|
|
$ |
282,560 |
|
|
$ |
966,829 |
|
|
$ |
853,352 |
|
Europe |
|
|
202,535 |
|
|
|
239,286 |
|
|
|
773,466 |
|
|
|
686,458 |
|
Asia Pacific |
|
|
127,209 |
|
|
|
122,091 |
|
|
|
319,882 |
|
|
|
305,621 |
|
Total revenue |
|
$ |
600,049 |
|
|
$ |
643,937 |
|
|
$ |
2,060,177 |
|
|
$ |
1,845,431 |
|
|