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REVENUES (Tables)
6 Months Ended
Dec. 31, 2024
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 December 31,Six Months Ended December 31,
2024202320242023
Total Revenues by Geography:
Americas (1)
$765,857 $884,287 $1,494,100 $1,729,514 
EMEA (2)
449,068 504,885 868,299 950,325 
Asia Pacific (3)
119,575 145,696 241,106 280,458 
Total revenues$1,334,500 $1,534,868 $2,603,505 $2,960,297 
Total Revenues by Type of Performance Obligation:
Recurring revenues (4)
Cloud services and subscriptions revenue
$462,306 $450,091 $919,330 $901,105 
Customer support revenue
590,595 695,762 1,186,085 1,393,475 
Total recurring revenues
$1,052,901 $1,145,853 $2,105,415 $2,294,580 
License revenue (perpetual, term and subscriptions) 188,923 289,238 314,736 462,264 
Professional service and other revenue92,676 99,777 183,354 203,453 
Total revenues$1,334,500 $1,534,868 $2,603,505 $2,960,297 
Total Revenues by Timing of Revenue Recognition:
Point in time $188,923 $289,238 $314,736 $462,264 
Over time (including professional service and other revenue)1,145,577 1,245,630 2,288,769 2,498,033 
Total revenues$1,334,500 $1,534,868 $2,603,505 $2,960,297 
______________________
(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 December 31, 2024
As of June 30, 2024
Short-term contract assets
$68,487 $66,450 
Long-term contract assets
39,208 38,684 
Short-term deferred revenues
1,452,734 1,521,416 
Long-term deferred revenues
159,987 162,401 
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, 2024:
Capitalized costs to obtain a contract as of June 30, 2024
$109,488 
New capitalized costs incurred23,346 
Amortization of capitalized costs(20,821)
Impact of foreign exchange rate changes(1,034)
Capitalized costs to obtain a contract as of December 31, 2024
$110,979 
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction
The following chart provides RPO information as of the following periods. The 12-month periods noted below are as of the dates presented, with the remaining balances recognized substantially over the next three years thereafter.

($ in billions)
As of December 31, 2024
As of September 30, 2024
As of June 30, 2024
Total RPO (1)
$4.1 $3.9 $4.0 
% recognized as revenue over the following 12 months
63%
63%
63%
Cloud services and subscription RPO
$2.3 $2.2 $2.2 
% recognized as revenue over the following 12 months
50%
51%
51%
Customer support and other RPO (2)
$1.8 $1.7 $1.8 
% recognized as revenue over the following 12 months
79%
78%
78%
______________________
(1)RPO amounts presented may be impacted by certain estimates including currency fluctuations, estimates of customers’ deployment of contracted solutions, changes in the scope or termination of contracts, among other factors, and are therefore subject to change.
(2)Customer support and other RPO is primarily comprised of obligations related to customer support revenues, and to a lesser extent license, professional services and other revenues.