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Leases (Tables)
3 Months Ended
Sep. 30, 2025
Lessee Disclosure [Abstract]  
Summary of components of lease cost

The components of lease cost were as follows (in thousands):

Three Months Ended

 

September 30,

2025

2024

Operating lease cost

$

12,347

$

10,731

Sublease income

 

(1,072)

 

(1,496)

Total lease cost

$

11,275

$

9,235

Summary of maturities of lease liabilities

Maturities of lease liabilities as of September 30, 2025 were as follows (in thousands):

Operating

Fiscal Year

Leases

2026 (remaining)

$

36,536

2027

49,387

2028

45,377

2029

37,074

2030

34,537

Thereafter

159,111

Total lease payments

 

362,022

Less: lease incentives not yet received

(27,725)

Less: imputed interest

(111,499)

Present value of lease liabilities

$

222,798

Summary of lease term and discount rate

Lease term and discount rate were as follows:

September 30,

2025

Weighted-average remaining operating lease term (years)

8.2

Weighted-average operating lease discount rate

7.7%

Summary of supplemental disclosures of cash flow information related to leases

Supplemental disclosures of cash flow information related to leases were as follows (in thousands):

Three Months Ended

September 30,

2025

2024

Cash paid for amounts in the measurement of operating lease liabilities (net of sublease and lease incentive receipts)

$

7,843

$

9,381

Operating lease assets obtained in exchange for operating lease liabilities

$

5,784

$

2,114

Schedule of Future minimum lease and sublease rental income Future minimum sublease rental income under these agreements as of September 30, 2025 was as follows (in thousands):

Fiscal Year

Amount

2026 (remaining)

$

976

Total sublease rental income

$

976