v3.26.1
ACQUIRED INTANGIBLE ASSETS
12 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
ACQUIRED INTANGIBLE ASSETS ACQUIRED INTANGIBLE ASSETS
As of June 30, 2026
Cost (1)
Accumulated Amortization (1)
Net (1)
Technology assets$1,033,137 $(600,421)$432,716 
Customer assets2,269,497 (1,227,195)1,042,302 
Total$3,302,634 $(1,827,616)$1,475,018 
As of June 30, 2025
CostAccumulated AmortizationNet
Technology assets$1,064,400 $(441,705)$622,695 
Customer assets2,635,686 (1,281,790)1,353,896 
Total$3,700,086 $(1,723,495)$1,976,591 
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(1)    As of June 30, 2026, excludes technology and customer intangible net assets disposed of as part of the Vertica Divestiture, with costs of $31.3 million and $36.4 million, respectively, accumulated amortization of $15.9 million and $13.5 million, respectively, and net book value of $15.4 million and $22.9 million, respectively. See Note 19 “Acquisitions and Divestitures for more details.
Where applicable, the above balances as of June 30, 2026 have been reduced to reflect the impact of intangible assets where the gross cost has become fully amortized during the year ended June 30, 2026. The impact of this resulted in reductions to the cost and accumulated amortization of technology assets of nil and customer assets of $330.4 million (year ended June 30, 2025 — $89.6 million and $129.8 million, respectively). The weighted average amortization periods for acquired technology and customer intangible assets are approximately six years and nine years, respectively.
The following table shows the estimated future amortization expense for the fiscal years indicated. This calculation assumes no future adjustments to acquired intangible assets:
Fiscal years ending June 30,
2027$386,544 
2028369,976 
2029276,683 
2030205,238 
2031193,313 
Thereafter43,264 
Total$1,475,018