v3.25.4
Goodwill and intangible assets (Tables)
 9 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Goodwill
The following table summarizes the activity in the Company’s goodwill during the nine-month period ended December 31, 2025 (in thousands):
Balance as of March 31, 2025$371,018
Additions114,282 
Balance as of December 31, 2025$485,300
O
Summary of Intangible Assets
The components of identifiable intangible assets are as follows:
As of December 31, 2025As of March 31, 2025
Gross
carrying
amount		Accumulated
amortization		Net
carrying
amount		Gross
carrying
amount		Accumulated
amortization		Net
carrying
amount
(In thousands)
Developed technology$71,443$(6,913)$64,530$39,200$(2,394)$36,806
Customer relationships19,159(5,563)13,59618,000(2,779)15,221
Trade names and other intangibles
5,199(2,748)2,4513,018(1,804)1,214
Total
$95,801$(15,224)$80,577$60,218$(6,977)$53,241
Finite-Lived Intangible Assets Amortization Expense Total intangible asset amortization expense recognized in operations during the three and nine-month periods ended December 31, 2025 and December 31, 2024 was as follows:
Three-month periods endedNine-month periods ended
December 31, 2025December 31, 2024December 31, 2025December 31, 2024
(In thousands)
Cost of sales
$1,976$880$4,784$1,864
Selling general and administrative expense
1,2969003,4651,879
Total amortization expense
$3,272$1,780$8,249$3,743
T
Summary of Future Annual Amortization Expense
The estimated future annual amortization expense for the acquired finite-lived intangible assets as of December 31, 2025 is as follows:
Fiscal year ending March 31,Amount
(In thousands)
2026 (1)$3,749
202712,739
202811,484
202911,116
20308,162
Thereafter33,309
Total amortization expense
$80,559
(1)Represents estimated amortization for the remaining fiscal three-month period ending March 31, 2026.