v3.26.1
Segment Reporting
 12 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Segment Reporting
(19) Segment Reporting
As disclosed in Note 2, the Company determined that it operates as one operating and reportable segment and derives revenues from customers by providing its HCM, finance and IT software solutions. The Company’s chief operating decision maker (“CODM”) is its president and chief executive officer. The CODM utilizes consolidated net income and certain non-GAAP measures, including adjusted EBITDA, along with other information contained in the consolidated financial statements to assess the Company’s performance and guide decisions on allocation of resources. The segment’s total assets are reported on the consolidated balance sheet.
The following table presents the Company’s revenue, significant expenses and other segment items as included in consolidated net income:
Year Ended June 30,
202420252026
Revenue$1,402,515 $1,595,221 $1,771,326 
Adjusted cost of revenue(367,757)(401,428)(439,165)
Adjusted sales and marketing(297,944)(335,775)(360,261)
Adjusted research and development(139,109)(165,063)(186,842)
Adjusted general and administrative(130,575)(148,618)(157,276)
Other income16,922 5,039 1,310 
Income tax expense(70,249)(81,936)(117,562)
Other segment items(207,037)(240,313)(241,789)
Net income$206,766 $227,127 $269,741 
Other segment items primarily include amortization of capitalized internal-use software and acquired intangible assets and stock-based compensation expense.