v3.26.1
Income Taxes - Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Thousands
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2024
Deferred tax assets:      
Property and equipment $ 5,957 $ 11,028  
Loss carryforwards 645,268 615,687  
Credit carryforwards 460,856 401,629  
Operating lease liabilities 55,358 56,962  
Basis differences in investments 1,900,521 2,040,203  
Provisions, accruals, and prepayments 69,336 66,735  
Deferred revenue 242,151 317,761  
Capitalized research and development 89,790 113,489  
Other 1,197 571  
Total deferred tax assets 3,470,434 3,624,065  
Less valuation allowance (3,383,071) (3,549,451) $ (3,300,000)
Total deferred tax assets, net of valuation allowance 87,363 74,614  
Deferred tax liabilities:      
Unrealized investment gains 3,233 4,163  
Operating right of use assets 26,689 46,348  
Stock-based compensation 1,355 7,205  
Intangible assets 79,851 35,495  
Other 0 1,522  
Total deferred tax liabilities 111,128 94,733  
Net deferred tax liabilities $ (23,765) $ (20,119)