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ACQUIRED INTANGIBLE ASSETS
9 Months Ended
Mar. 31, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
ACQUIRED INTANGIBLE ASSETS ACQUIRED INTANGIBLE ASSETS
As of March 31, 2026
Cost (1)
Accumulated Amortization (1)
Net (1)
Technology assets
$1,033,129 $(557,536)$475,593 
Customer assets
2,269,490 (1,162,203)1,107,287 
Total$3,302,619 $(1,719,739)$1,582,880 
As of June 30, 2025
CostAccumulated AmortizationNet
Technology assets$1,064,400 $(441,705)$622,695 
Customer assets2,635,686 (1,281,790)1,353,896 
Total$3,700,086 $(1,723,495)$1,976,591 
______________________
(1)Excludes technology intangible net assets with cost of $31.3 million, accumulated amortization of $15.9 million and net book value of $15.4 million, and customer intangible net assets with cost of $36.4 million, accumulated amortization of $13.5 million, and net book value of $22.9 million, that have been reclassified to Assets held for sale as of March 31, 2026, in connection with the proposed divestiture of the Vertica business. See Note 17 “Acquisitions and Divestitures.”
Where applicable, the above balances as of March 31, 2026 have been reduced to reflect the impact of intangible assets where the gross cost became fully amortized during the nine months ended March 31, 2026. This impact resulted in reductions to the cost and accumulated amortization of customer assets of $330.4 million. The weighted average amortization periods for acquired technology and customer intangible assets are approximately six years and nine years, respectively.
The following table shows the estimated future amortization expense for the fiscal years indicated. This calculation assumes no future adjustments to acquired intangible assets:
Fiscal years ending June 30,
2026 (three months ending)
$107,772 
2027386,725 
2028370,029 
2029276,625 
2030205,257 
2031 and Thereafter
236,472 
Total$1,582,880