Stock-Based Compensation (Tables)

3 Months Ended

Sep. 30, 2026

Share-Based Payment Arrangement [Abstract]

Stock option activity under the Company’s equity incentive plans during the three months ended September 30, 2026 was as follows (in thousands, except per share data):


	Number of Options	Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term (in years)	Aggregate Intrinsic Value (1)
Balance as of June 30, 2026	1,567	$	12.39	3.3	$	20,343
Exercised	(148)	10.72
Forfeited/Expired	(6)	26.00
Balance as of September 30, 2026	1,413	$	12.50	3.2	$	33,494
Vested and exercisable as of September 30, 2026	1,413	$	12.50	3.2	$	33,494
Vested and expected to vest as of September 30, 2026	1,413	$	12.50	3.2	$	33,494

(1)Aggregate intrinsic value for stock options represents the difference between the exercise price and the per share fair value of the Company’s common stock as of the end of the period, multiplied by the number of stock options outstanding.

Schedule of PSU Activity

PSU activity during the three months ended September 30, 2026 was as follows (in thousands, except per share data):


	Number of Shares	Weighted- Average Grant Date Fair Value
Balance as of June 30, 2026	1,917	$	42.69
Granted	1,043	30.98
Vested	(472)	42.96
Forfeited	(32)	39.02
Balance as of September 30, 2026	2,456	$	37.71

Schedule of RSU Activity

RSU activity during the three months ended September 30, 2026 was as follows (in thousands, except per share data):


	Number of Shares	Weighted- Average Grant Date Fair Value
Balance as of June 30, 2026	4,588	$	35.97
Granted	2,164	37.29
Vested	(581)	34.48
Forfeited	(121)	40.28
Balance as of September 30, 2026	6,050	$	36.49

Schedule of Stock-Based Compensation Expense

The Company recorded stock-based compensation expense in the unaudited condensed consolidated statements of operations as follows (in thousands):


	Three Months Ended September 30,
	2026		2025
Cost of revenues
Cost of subscription	$	1,259	$	786
Cost of license	168		177
Cost of professional services	1,593		1,425
Research and development	9,191		7,987
Sales and marketing	10,996		7,893
General and administrative	9,873		9,019
Total stock-based compensation	$	33,080	$	27,287