v3.26.1
Revenues
 12 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Revenues Revenues
Disaggregation of Revenues
Revenues by geography were as follows (in thousands):
Year Ended June 30,
202620252024
U.S.$391,737 $339,030 $292,009 
U.K.93,998 79,089 64,199 
Rest of the world92,070 86,001 74,315 
Total$577,805 $504,120 $430,523 
No country other than those listed above accounted for 10% or more of the Company’s total revenues during the fiscal years ended June 30, 2026, 2025, and 2024.
Deferred Commissions
Deferred commissions were $46.1 million and $36.4 million as of June 30, 2026 and 2025, respectively. Amortization expense with respect to deferred commissions, which is included in sales and marketing expense in the Company’s consolidated statements of operations, was $20.7 million, $16.5 million, and $14.8 million during the fiscal years ended June 30, 2026, 2025, and 2024, respectively. There was no impairment loss in relation to the costs capitalized for the periods presented.
Contract Balances
The Company’s contract assets and liabilities were as follows (in thousands):
June 30, 2026June 30, 2025
Unbilled accounts receivable(1)
$10,619 $19,519 
Deferred revenue, net317,669 258,996 
(1)The long-term portion of unbilled accounts receivable is nil and $57 thousand as of June 30, 2026 and 2025, respectively, and is included in other assets on the consolidated balance sheets.
There was no allowance for credit losses associated with unbilled receivables as of June 30, 2026 and 2025. During the fiscal year ended June 30, 2026, the Company recognized $255.8 million in revenue pertaining to deferred revenue as of June 30, 2025.
Remaining Performance Obligations
Remaining performance obligations represent non-cancelable contracted revenues that have not yet been recognized, which include deferred revenue and amounts that will be invoiced and recognized as revenues in future periods. SaaS subscription is typically satisfied over one to three years, license is typically satisfied at a point in time, support services are generally satisfied within one year, and professional services are typically satisfied within one year. Professional services contracts are not included in the performance obligations amount.
As of June 30, 2026, approximately $833.0 million of revenues is expected to be recognized from remaining performance obligations with approximately 57% over the next 12 months and the remainder thereafter.