v3.26.1
Intangible Assets
9 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Intangible Assets Intangible Assets
The gross and net carrying values of intangible assets as of the balance sheet dates, by major intangible asset class are as follows (in millions):
June 30, 2026September 30, 2025
Gross AmountAccumulated
Amortization
Net AmountGross AmountAccumulated
Amortization
Net Amount
Intangible assets subject to amortization
Trade/domain names and other licenses$7.1 $(4.3)$2.8 $10.6 $(4.9)$5.7 
Software programs/platforms2.4 (2.4)— 2.4 (2.0)0.4 
Client and supplier base465.7 (41.2)424.5 445.0 (19.2)425.8 
Total intangible assets subject to amortization475.2 (47.9)427.3 458.0 (26.1)431.9 
Intangible assets not subject to amortization
Website domains2.2 — 2.2 2.3 — 2.3 
Business licenses3.7 — 3.7 3.7 — 3.7 
Total intangible assets not subject to amortization5.9 — 5.9 6.0 — 6.0 
Total intangible assets$481.1 $(47.9)$433.2 $464.0 $(26.1)$437.9 
Amortization expense related to intangible assets was $8.6 million and $1.3 million for the three months ended June 30, 2026 and 2025, respectively. Amortization expense related to intangible assets was $26.5 million and $3.6 million for the nine months ended June 30, 2026 and 2025, respectively.
The Company wrote off $4.6 million of fully amortized intangible assets during the nine months ended June 30, 2026.
As of June 30, 2026, estimated future amortization expense was as follows:
(in millions)
Fiscal 2026 (remaining months)$7.9 
Fiscal 202731.1 
Fiscal 202830.0 
Fiscal 202929.2 
Fiscal 2030 and thereafter329.1 
Total intangible assets subject to amortization$427.3