v3.26.3
Revenue Recognition
 6 Months Ended
Sep. 30, 2026
Revenue from Contract with Customer [Abstract]  
Revenue Recognition Revenue Recognition
Disaggregation of revenue
The following table is a summary of the Company’s total revenue by geographic region based on customer location (in thousands, except percentages):
Three Months Ended September 30,Six Months Ended September 30,
2026202520262025
Amount%Amount%Amount%Amount%
North America$289,470 50%$250,709 51%$568,982 50%$494,773 51%
Europe, Middle East and Africa186,101 32%159,024 32%363,486 32%311,058 32%
Asia Pacific54,299 9%46,372 9%107,029 10%91,255 9%
Latin America50,048 9%37,744 8%94,969 8 %74,112 8%
Total revenue$579,918 $493,849 $1,134,466 $971,198 
For the three and six months ended September 30, 2026 and 2025, the United States was the only country that represented more than 10% of the Company’s revenue, constituting $263.9 million and 46% and $229.0 million and 46% of total revenue during the three months ended September 30, 2026 and 2025, respectively, and $519.5 million and 46% and $451.4 million and 46% of total revenue during the six months ended September 30, 2026 and 2025, respectively.
Revenue recognized during the three months ended September 30, 2026 and 2025, which was included in the deferred revenue balance at the beginning of each respective period, was $481.1 million and $429.0 million, respectively. Revenue recognized during the six months ended September 30, 2026 and 2025, which was included in the deferred revenue balance at the beginning of each respective period, was $837.4 million and $749.3 million, respectively.
Remaining performance obligations
As of September 30, 2026, the aggregate amount of the transaction price allocated to remaining performance obligations was $3,489.9 million, which consists of both billed consideration in the amount of $1,104.7 million and unbilled consideration in the amount of $2,385.2 million that the Company expects to recognize as subscription and service revenue. The Company expects to recognize 52% of the total remaining performance obligations as revenue over the next 12 months and the remainder thereafter.
Contract assets
As of September 30, 2026 and March 31, 2026, contract assets of $26.3 million and $19.8 million, respectively, are included in accounts receivable, net, on the Company’s condensed consolidated balance sheets.