v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Jun. 30, 2025
Current assets:    
Cash and cash equivalents $ 1,239,512 $ 2,512,874
Marketable securities 0 424,268
Accounts receivable, net 1,269,947 778,302
Prepaid expenses and other current assets 287,663 175,793
Total current assets 2,797,122 3,891,237
Non-current assets:    
Property and equipment, net 86,302 105,118
Operating lease right-of-use assets 114,059 169,127
Strategic investments 213,147 221,942
Intangible assets, net 432,258 244,840
Goodwill 2,302,739 1,304,445
Deferred tax assets 4,088 3,762
Other non-current assets 153,814 101,499
Total assets 6,103,529 6,041,970
Current liabilities:    
Accounts payable 262,609 222,092
Accrued expenses and other current liabilities 764,579 681,601
Deferred revenue, current portion 2,495,431 2,227,002
Operating lease liabilities, current portion 48,509 50,164
Total current liabilities 3,571,128 3,180,859
Non-current liabilities:    
Deferred revenue, net of current portion 166,260 254,252
Operating lease liabilities, net of current portion 194,841 201,483
Long-term debt 989,560 987,684
Deferred tax liabilities 27,853 23,881
Other non-current liabilities 95,445 48,157
Total liabilities 5,045,087 4,696,316
Commitments and contingencies (Note 12)
Stockholders’ equity    
Additional paid-in capital 7,180,851 5,574,290
Accumulated other comprehensive income (loss) (17,034) 13,226
Accumulated deficit (6,105,378) (4,241,865)
Total stockholders’ equity 1,058,442 1,345,654
Total liabilities and stockholders’ equity 6,103,529 6,041,970
Class A    
Stockholders’ equity    
Common stock, value issued 2 2
Class B    
Stockholders’ equity    
Common stock, value issued $ 1 $ 1