v3.26.3
Goodwill and Intangible Assets
3 Months Ended
Sep. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
Goodwill
There were no changes to the carrying amount of goodwill for the three months ended September 30, 2026.
Intangible Assets
Intangible assets acquired through business combinations consisted of the following (in thousands):
September 30, 2026
Useful Life
(In years)
Gross Carrying AmountAccumulated
Amortization
Net Carrying Amount
Client relationships
9 to 15
$52,074 $(37,917)$14,157 
Non-compete agreements
3 to 5
4,907 (4,865)42 
Trademarks and trade namesIndefinite4,778 — 4,778 
Core technology
2 to 7
68,090 (59,924)8,166 
Intangible assets, net$129,849 $(102,706)$27,143 

June 30, 2026
Useful Life
(In years)
Gross Carrying AmountAccumulated
Amortization
Net Carrying Amount
Client relationships
9 to 15
$52,074 $(36,934)$15,140 
Non-compete agreements
3 to 5
4,907 (4,850)57 
Trademarks and trade namesIndefinite4,778 — 4,778 
Trademarks and trade names
5 to 10
3,625 (3,625)— 
Core technology
2 to 7
68,090 (59,064)9,026 
Backlog21,027 (1,027)— 
Intangible assets, net$134,501 $(105,500)$29,001 

Amortization expense related to acquired intangible assets was recognized as follows (in thousands):
Three Months Ended
September 30,
20262025
Cost of subscription
$860 $1,711 
Sales and marketing984 1,100 
General and administrative15 57 
Total amortization expense$1,859 $2,868 
As of September 30, 2026, the estimated future amortization expense for acquired intangible assets is as follows (in thousands):
Fiscal Year Ending June 30,Amount
2027 (remaining 9 months)$5,553 
20286,915 
20295,030 
20302,295 
20311,365 
2032 and thereafter1,207 
Total remaining amortization$22,365