v3.26.1
Revenue Recognition
 3 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Revenue Recognition Revenue Recognition
Disaggregation of revenue
The following table is a summary of the Company’s total revenue by geographic region based on customer location (in thousands, except percentages):
Three Months Ended June 30,
20262025
Amount%Amount%
North America$279,512 50%$244,064 51%
Europe, Middle East and Africa177,385 32%152,034 32%
Asia Pacific52,730 10%44,883 9%
Latin America44,921 8%36,368 8%
Total revenue$554,548 $477,349 
For the three months ended June 30, 2026 and 2025, the United States was the only country that represented more than 10% of the Company’s revenue, constituting $255.6 million and 46% and $222.5 million and 47% of total revenue, respectively.
Revenue recognized during the three months ended June 30, 2026 and 2025, which was included in the deferred revenue balance at the beginning of each respective period, was $461.0 million and $409.7 million, respectively.
Remaining performance obligations
As of June 30, 2026, the aggregate amount of the transaction price allocated to remaining performance obligations was $3,441.5 million, which consists of both billed consideration in the amount of $1,158.6 million and unbilled consideration in the amount of $2,282.9 million that the Company expects to recognize as subscription and service revenue. The Company expects to recognize 53% of the total remaining performance obligations as revenue over the next 12 months and the remainder thereafter.
Contract assets
As of June 30, 2026 and March 31, 2026, contract assets of $21.7 million and $19.8 million, respectively, are included in accounts receivable, net, on the Company’s condensed consolidated balance sheets.