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Revenue Recognition
12 Months Ended
Mar. 31, 2025
Revenue from Contract with Customer [Abstract]  
Revenue Recognition Revenue Recognition
Revenue Disaggregation
Revenue consisted of the following (in thousands):
Fiscal Year Ended March 31,
202520242023
Subscription$543,770 $450,071 $389,739 
Other26,629 25,351 29,313 
Total revenue$570,399 $475,422 $419,052 
Contract Balances
Changes in the Company’s deferred revenue balances were as follows (in thousands):
As of March 31,
20252024
Beginning balance$99,356 $105,436 
Additions, net, during the period585,608 469,342 
Revenue recognized from the beginning balance(94,675)(104,437)
Revenue recognized from contracts invoiced during the period(475,724)(370,985)
Ending balance$114,565 $99,356 
The Company’s unbilled revenue balances were $1.7 million and $2.3 million as of March 31, 2025 and 2024, respectively.
Deferred Contract Costs
The Company capitalized $12.1 million, $8.6 million, and $8.5 million of contract acquisition costs for the fiscal years ended March 31, 2025, 2024, and 2023, respectively. Amortization of deferred contract costs was $10.0 million, $8.9 million, and $8.8 million for the fiscal years ended March 31, 2025, 2024, and 2023, respectively. The Company’s current and non-current deferred contract cost balances were $7.0 million and $0.5 million, respectively, as of March 31, 2025, and were $5.0 million and $0.4 million, respectively, as of March 31, 2024. Deferred contract costs are periodically analyzed for impairment. There were no impairment losses relating to deferred contract costs during the fiscal years ended March 31, 2025, 2024, and 2023.