v3.26.1
Net Income (Loss) per Share Attributable to Common Stockholders
 12 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Net Income (Loss) per Share Attributable to Common Stockholders Net Income (Loss) per Share Attributable to Common Stockholders
The following table presents basic and diluted net income (loss) per share attributable to common stockholders for Class A and Class B common stock (in thousands, except share and per share data):

June 30, 2026June 30, 2025June 30, 2024
Class AClass BClass AClass BClass AClass B
Numerator:
Net income (loss) attributable to common stockholders - basic$1,695,654 $234,139 $45,456 $6,730 $(430,789)$(86,968)
Net income (loss) attributable to common stockholders - diluted$1,704,843 $224,950 $45,815 $6,371 $(430,789)$(86,968)
Denominator:
Weighted average shares of common stock - basic294,491,481 40,663,940 281,215,807 41,636,066 257,810,094 52,047,035 
Dilutive effect of stock equivalents:
Restricted stock units5,430,315 — 8,863,942 — — — 
Stock options7,463,459 — 8,950,174 — — — 
Value creation award vested shares743,411 — 346,434 — — — 
Performance stock units24,381 — — — — — 
Employee stock purchase plan shares21,416 — 11,143 — — — 
Common stock warrants8,244 — — — — — 
Weighted average shares of common stock - diluted308,182,707 40,663,940 299,387,500 41,636,066 257,810,094 52,047,035 
Net income (loss) per share:
Basic$5.76 $5.76 $0.16 $0.16 $(1.67)$(1.67)
Diluted$5.53 $5.53 $0.15 $0.15 $(1.67)$(1.67)

The following common stock equivalents were excluded from the calculation of diluted net income (loss) per share attributable to common stockholders because their inclusion would have been anti-dilutive:

June 30, 2026June 30, 2025June 30, 2024
Common stock warrants8,823,185 7,302,216 5,700,587 
Restricted stock units660,711 664,243 18,327,420 
Stock options167,711 905,835 16,794,697 
Employee stock purchase plan shares142,124 157,615 216,846 
Total9,793,731 9,029,909 41,039,550