v3.26.1
Revenue from Contracts with Customers
 3 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Revenue from Contracts with Customer Revenue from Contracts with Customers
We recognize revenue for services and products under revenue contracts as our obligations to either perform services or deliver or sell products under the contracts are satisfied. Our revenue contracts in scope under ASC 606 primarily have a single performance obligation and we do not receive material amounts of non-cash consideration.

The majority of our revenue agreements are in scope under ASC 606 and the remainder of our revenue comes from contracts that contain nonmonetary exchanges or leases in the scope of ASC 845 and ASC 842, respectively. See Note 10 for a detail of disaggregated revenue.

Remaining Performance Obligations

Most of our service contracts are such that we have the right to consideration from a customer in an amount that corresponds directly with the value to the customer of our performance completed to date. Therefore, we utilized the practical expedient in ASC 606-10-55-18 under which we recognize revenue in the amount to which we have the right to invoice. Applying this practical expedient, we are not required to disclose the transaction price allocated to remaining performance obligations under these contracts. The following table summarizes the amount and timing of revenue recognition for such contracts at June 30, 2026 (in thousands):
Year Ending March 31,
2027 (nine months)$119,250 
2028136,933 
2029131,087 
2030114,689 
203188,852 
203250,126 
Thereafter47,744 
Total $688,681 

Contract Assets and Liabilities

The following tables summarize the balances of our contract assets and liabilities at the dates indicated:
June 30, 2026March 31, 2026
(in thousands)
Accounts receivable from contracts with customers$453,552 $465,003 
Contract assets (current)$9,115 $5,201 
Contract liabilities at March 31, 2026$13,968 
Payment received and deferred9,251 
Payment recognized in revenue(5,846)
Contract liabilities at June 30, 2026$17,373 

Costs to Obtain Contracts with Customers

Capitalized costs to obtain contracts with customers was $26.1 million and $27.2 million at June 30, 2026 and March 31, 2026, respectively, and are included within other noncurrent assets in our unaudited condensed consolidated balance sheets. During the three months ended June 30, 2026, $1.1 million of amortization expense related to these costs was recorded within operating expense in our unaudited condensed consolidated statement of operations.