Balance Sheet Details

12 Months Ended

Sep. 30, 2025

Cash, Cash Equivalents and Restricted Cash

The following table provides a reconciliation of the Company’s cash and cash equivalents and restricted cash reported within the consolidated balance sheets that sum to the total cash, cash equivalents and restricted cash shown in the Company’s consolidated statements of cash flows for the periods presented (in thousands):


	September 30,
	2025		2024
Cash and cash equivalents	$	1,344,273	$	1,074,602
Restricted cash included in other assets, net	2,095		3,738
Total cash, cash equivalents and restricted cash	$	1,346,368	$	1,078,340

Inventories

Inventories consist of the following (in thousands):


	September 30,
	2025		2024
Finished goods	$	26,933	$	27,922
Raw materials	50,296		48,456
	$	77,229	$	76,378

Other Current Assets

Other current assets consist of the following (in thousands):


	September 30,
	2025		2024
Unbilled receivables	$	498,288	$	401,104
Prepaid expenses	86,346		93,467
Capitalized contract acquisition costs	37,023		32,681
Other	61,109		42,215
	$	682,766	$	569,467

Property and Equipment

Property and equipment consist of the following (in thousands):


	September 30,
	2025		2024
Computer equipment	$	228,514	$	206,861
Software	70,808		71,690
Office furniture and equipment	46,903		44,776
Leasehold improvements	190,637		186,179
	536,862		509,506
Accumulated depreciation and amortization	(379,915)		(358,563)
	$	156,947	$	150,943

Depreciation and amortization expense totaled approximately $42.9 million, $49.3 million, and $53.3 million for the fiscal years ended September 30, 2025, 2024 and 2023, respectively.

Goodwill

Changes in the carrying amount of goodwill during fiscal years 2025 and 2024 are summarized as follows (in thousands):


Balance, September 30, 2023	$	2,288,678
Other business acquisitions	23,684

Balance, September 30, 2024	2,312,362
Other business acquisitions	131,520
Balance, September 30, 2025	$	2,443,882

Other Assets

Other assets consist of the following (in thousands):


	September 30,
	2025		2024
Intangible assets	$	96,266	$	111,576
Unbilled receivables	340,153		277,965
Capitalized contract acquisition costs	39,529		33,577
Other	76,332		64,399
	$	552,280	$	487,517

Intangible assets are included in other assets on the consolidated balance sheets and consist of the following (in thousands):


	September 30, 2025						September 30, 2024
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Developed technology	$	280,954	$	(200,554)	$	80,400	$	287,431	$	(192,967)	$	94,464
Customer relationships	12,000		(5,133)		6,867		17,700		(10,034)		7,666
Patents and trademarks	12,308		(4,517)		7,791		9,795		(3,629)		6,166
Trade names	14,500		(13,292)		1,208		15,473		(12,193)		3,280
Non-compete covenants	—		—		—		1,960		(1,960)		—
	$	319,762	$	(223,496)	$	96,266	$	332,359	$	(220,783)	$	111,576

Amortization expense related to intangible assets was $42.9 million, $24.4 million, and $29.1 million for the fiscal years ended September 30, 2025, 2024 and 2023, respectively.

For intangible assets held as of September 30, 2025, amortization expense for the five succeeding fiscal years is as follows (in thousands):


2026	$	43,531
2027	25,349
2028	12,914
2029	8,252
2030	3,091
	$	93,137

Accrued Liabilities

Accrued liabilities consist of the following (in thousands):


	September 30,
	2025		2024
Payroll and benefits	$	189,337	$	171,571
Operating lease liabilities, current	31,042		33,779
Income and other tax accruals	44,051		45,247
Other	50,953		49,479
	$	315,383	$	300,076

Other Long-term Liabilities

Other long-term liabilities consist of the following (in thousands):


	September 30,
	2025		2024

Income taxes payable	$	85,278	$	85,461
Other	10,953		9,272
	$	96,231	$	94,733