v3.26.1
Investments (Tables)
3 Months Ended
Jun. 30, 2026
Investments, Debt and Equity Securities [Abstract]  
Schedule of Cost, Gross Unrealized Gains and Losses, and Fair Value of Investments
The cost, gross unrealized gains and losses, and fair value of investments are as follows (in thousands):
As of June 30, 2026
Cost or
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair Value
Cash equivalents:
Commercial paper$74,048 $— $(7)$74,041 
Corporate notes and bonds4,000 — — 4,000 
Money market funds186,289 — — 186,289 
Total cash equivalents264,337 — (7)264,330 
Marketable securities:
Commercial paper1,027 — — 1,027 
Corporate notes and bonds289,913 134 (447)289,600 
U.S. government and agency securities123,704 75 (221)123,558 
Total marketable securities414,644 209 (668)414,185 
Total cash equivalents and marketable securities$678,981 $209 $(675)$678,515 
The cost, gross unrealized gains and losses, and fair value of investments were as follows (in thousands):
As of March 31, 2026
Cost or
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair Value
Cash equivalents:
Commercial paper$8,500 $— $(2)$8,498 
Money market funds174,953 — — 174,953 
Total cash equivalents183,453 — (2)183,451 
Marketable securities:
Commercial paper11,314 — (2)11,312 
Corporate notes and bonds390,900 341 (468)390,773 
U.S. government and agency securities127,169 246 (77)127,338 
Total marketable securities529,383 587 (547)529,423 
Total cash equivalents and marketable securities$712,836 $587 $(549)$712,874 
Schedule of Contractual Maturities of Available-For-Sale Debt Securities
As of June 30, 2026, the contractual maturities of the Company’s available-for-sale debt securities were as follows (in thousands):
Fair Value
Due within one year$374,847 
Due in one to two years117,379 
Total$492,226