v3.26.1
Segment and Geographic Information (Tables)
 3 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Segment Reporting The Company’s significant expenses and other segment items, as included in consolidated net income, are provided in the table below (in thousands):
Three Months Ended June 30,
20262025
Revenue$554,548 $477,349 
Adjusted cost of revenue(1)
90,998 73,107 
Adjusted research and development expenses(1)
103,428 77,908 
Adjusted sales and marketing expenses(1)
159,949 142,979 
Adjusted general and administrative expenses(1)
38,573 40,249 
Share-based compensation and related employer payroll taxes80,034 79,920 
Amortization of intangibles2,397 848 
Other segment items(2)
42,518 14,383 
Segment net income$36,651 $47,955 
Consolidated net income$36,651 $47,955 
(1) Excludes share-based compensation; employer payroll taxes on employee stock transactions; amortization of intangibles; and acquisition-related, restructuring and other-non-recurring or unusual items, which are independently reviewed by the CODM.
(2) Other segment items primarily includes interest income, net; other income, net; and income tax expense, as reported in the condensed consolidated statements of operations. Other segment items also includes $7.7 million of acquisition-related, restructuring, and other non-recurring or unusual items for the three months ended June 30, 2025. There were no acquisition-related, restructuring, and other non-recurring or unusual items for the three months ended June 30, 2026.
Schedule of Long-lived Assets, Net
The following table presents the Company’s long-lived assets, net, which consists of property and equipment, net, and operating lease right-of-use asset, net, by geographic region for the periods presented (in thousands):
June 30, 2026March 31, 2026
North America$39,398 $40,905 
Europe, Middle East and Africa159,377 163,985 
Asia Pacific6,409 6,876 
Latin America807 512 
Total long-lived assets, net$205,991 $212,278