v3.25.4
Revenue (Tables)
 6 Months Ended
Dec. 31, 2025
Banking and Thrift, Interest [Abstract]  
Schedule of Disaggregation of Revenue
The following table presents our revenue disaggregated by revenue source (in thousands):

Three Months Ended December 31,Six Months Ended December 31,
2025202420252024
Merchant network revenue$328,380 $244,895 $579,527 $429,234 
Card network revenue73,035 58,142 142,365 105,622 
Interest income493,626 409,367 947,749 786,431 
Gain on sales of loans185,231 125,287 304,280 188,900 
Servicing income42,748 28,690 82,437 54,674 
Total revenue, net$1,123,019 $866,381 $2,056,357 $1,564,861 
Schedule of Interest Income
Interest income consisted of the following components (in thousands):
Three Months Ended December 31,Six Months Ended December 31,
2025202420252024
Contractual interest income on unpaid principal balance (1)
$428,581 $364,962 $828,689 $702,126 
Amortization of discount on loans85,904 64,115 157,220 120,812 
Amortization of premiums on loans(6,977)(4,882)(13,221)(9,515)
Interest receivable charged-off, net of recoveries (2)
(13,882)(14,828)(24,940)(26,992)
Total interest income$493,626 $409,367 $947,749 $786,431 
(1)Contractual interest income on unpaid principal balance, for the three and six months ended December 31, 2024, was previously reported as $375.9 million and $713.1 million, respectively. These amounts have been corrected herein; the correction is not material to the previously issued financial statements.
(2)Interest receivable charged-off, net of recoveries, for the three and six months ended December 31, 2024, was previously reported as $25.8 million and $37.9 million, respectively. These amounts have been corrected herein; the correction is not material to the previously issued financial statements.