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REVENUES (Tables)
3 Months Ended
Sep. 30, 2023
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue The following tables disaggregate our revenue by significant geographic area, based on the location of our direct end customer, by type of performance obligation and timing of revenue recognition for the periods indicated:
Three Months Ended September 30,
20232022
Total Revenues by Geography:
Americas (1)
$845,227 $557,788 
EMEA (2)
445,440 228,353 
Asia Pacific (3)
134,762 65,895 
Total revenues$1,425,429 $852,036 
Total Revenues by Type of Performance Obligation:
Recurring revenues (4)
Cloud services and subscriptions revenue
$451,014 $404,651 
Customer support revenue
697,713 317,351 
Total recurring revenues
$1,148,727 $722,002 
License revenue (perpetual, term and subscriptions) 173,026 62,548 
Professional service and other revenue103,676 67,486 
Total revenues$1,425,429 $852,036 
Total Revenues by Timing of Revenue Recognition:
Point in time $173,026 $62,548 
Over time (including professional service and other revenue)1,252,403 789,488 
Total revenues$1,425,429 $852,036 
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(1)Americas consists of countries in North, Central and South America.
(2)EMEA consists of countries in Europe, the Middle East and Africa.
(3)Asia Pacific primarily consists of Japan, Australia, China, Korea, Philippines, Singapore, India and New Zealand.
(4)Recurring revenue is defined as the sum of Cloud services and subscriptions revenue and Customer support revenue.
Schedule of Contract Balances The balance for our contract assets and contract liabilities (i.e. deferred revenues) for the periods indicated below were as follows:
As of September 30, 2023
As of June 30, 2023
Short-term contract assets $78,562 $71,196 
Long-term contract assets
$54,448 $64,553 
Short-term deferred revenues$1,596,321 $1,721,781 
Long-term deferred revenues$197,112 $217,771 
Schedule of Incremental Costs of Obtaining a Contract with a Customer The following table summarizes the changes in total capitalized costs to obtain a contract, since June 30, 2023:
Capitalized costs to obtain a contract as of June 30, 2023
$97,207 
New capitalized costs incurred11,719 
Amortization of capitalized costs(9,955)
Impact of foreign exchange rate changes(742)
Capitalized costs to obtain a contract as of September 30, 2023
$98,229