v3.26.1
Revenue from Contracts with Customers (Tables)
3 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following tables summarize the Company's revenue from contracts with its customers disaggregated by segment and product type for the three months ended June 30, 2026 and 2025:

Three Months Ended June 30,
20262025
DigitalPrint (1)TotalDigitalPrint (1)Total
Revenue by Segment:
K-12$113,919 $160,485 $274,404 $108,597 $162,334 $270,931 
Higher Education190,146 9,690 199,836 168,826 13,553 182,379 
Global Professional26,713 8,102 34,815 25,272 9,887 35,159 
International22,755 22,475 45,230 22,353 29,111 51,464 
Other (2)— (4,382)(4,382)— (4,223)(4,223)
Total Revenue $353,533 $196,370 $549,903 $325,048 $210,662 $535,710 
___________________
(1)
Print revenue contains print and multi-year print products.
(2)
Includes in-transit product sales and intersegment revenue adjustments that are not included within segment revenues reviewed by the Company's CODM.
Three Months Ended June 30,
20262025

Re-occurring
Revenue
Transactional
Revenue
TotalRe-occurring
Revenue
Transactional
Revenue
Total
K-12
$196,595 $77,809 $274,404 $183,641 $87,290 $270,931 
Higher Education
182,102 17,734 199,836 159,552 22,827 182,379 
Global Professional
25,140 9,675 34,815 23,657 11,502 35,159 
International
21,727 23,503 45,230 20,764 30,700 51,464 
Other
— (4,382)(4,382)— (4,223)(4,223)
Total Revenue
$425,564 $124,339 $549,903 $387,614 $148,096 $535,710 
Schedule of Deferred Commission Costs and Deferred Royalties
Deferred commission costs consisted of the following:

June 30, 2026March 31, 2026
Current$16,427 $19,325 
Non-current19,675 19,765 
Total Deferred Commission Costs $36,102 $39,090 
Deferred royalties consisted of the following:

June 30, 2026March 31, 2026
Current$61,331 $75,696 
Non-current49,617 51,774 
Total Deferred Royalties $110,948 $127,470 
Schedule of Contract Assets and Liabilities
Contract assets and contract liabilities consisted of the following:

June 30, 2026March 31, 2026
Contract assets$39,454 $23,570 
Contract liabilities (deferred revenue):
Current732,926 835,357 
Non-current789,230 836,001 
Total Contract Liabilities $1,522,156 $1,671,358 

Total contract liabilities by segment consisted of the following:

June 30, 2026March 31, 2026
Total Contract Liabilities by Segment:
K-12$1,210,646 $1,249,373 
Higher Education216,935 321,999 
Global Professional68,677 65,977 
International22,892 33,064 
Other (1)
3,006 945 
Total Contract Liabilities
$1,522,156 $1,671,358 
_______________
(1)Includes contract liabilities for in-transit product sales that are not included in segment contract liabilities.
Schedule of Estimated Revenue to be Recognized
Estimated revenue expected to be recognized in future fiscal years ended March 31, related to amounts included within deferred revenue as of June 30, 2026 was as follows:
2027 (remaining nine months)
$565,691 
2028416,238 
2029256,331 
2030147,325 
203179,605 
Thereafter56,966 
$1,522,156