v3.26.1
Segment Reporting (Tables)
 3 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Adjusted EBITDA by Segment
The following table sets forth Adjusted EBITDA by segment:

Three Months Ended June 30,
20262025
Adjusted EBITDA:
K-12$114,498 $96,393 
Higher Education87,034 77,759 
Global Professional8,691 11,266 
International3,252 7,208 
Other(6,429)(1,210)
Total Adjusted EBITDA $207,046 $191,416 
Schedule of Reconciliation of Adjusted EBITDA to Net Income (Loss)
The following table provides a reconciliation of total Adjusted EBITDA to Net income (loss):

Three Months Ended June 30,
20262025
Total Adjusted EBITDA$207,046 $191,416 
Interest (expense) income, net(45,770)(58,774)
Income tax benefit (provision)(10,652)(36,949)
Depreciation, amortization and product development amortization(83,476)(87,854)
Restructuring and cost savings implementation charges(3,746)(3,106)
Advisory fees— (2,500)
Transaction and Integration costs— (100)
Stock-based compensation(3,884)— 
Other(1,658)(1,631)
Net income (loss) $57,860 $502 
Schedule of Revenue and Long-lived Assets by Geographic Region
The following tables summarize revenue and long-lived assets by geographic region:

Revenue (1)
Three Months Ended June 30,
20262025
United States$504,693 $484,389 
International45,210 51,321 
Total $549,903 $535,710 
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(1)
Revenues are attributed to a geographic region based on the location of customer.
Long-Lived Assets (2)
As of
June 30, 2026March 31, 2026
United States$747,673 $714,551 
International32,990 33,504 
Total $780,663 $748,055 
__________________
(2)
Reflects total assets less current assets, goodwill, intangible assets, investments, deferred financing costs and non-current deferred tax assets.