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Stock-Based Compensation (Tables)
3 Months Ended
Sep. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Summary of Stock Option Activity
Stock option activity under the Company’s equity incentive plans during the three months ended September 30, 2025 was as follows (in thousands, except per share data):
Number of
Options
Weighted-
Average
Exercise
Price
Weighted-
Average
Remaining
Contractual
Term
(in years)
Aggregate
Intrinsic
Value (1)
Balance as of June 30, 20252,628$11.42 3.8$105,632 
Exercised(340)8.25 
Balance as of September 30, 20252,288$11.89 3.8$66,380 
Vested and exercisable as of September 30, 20252,288$11.89 3.8$66,380 
Vested and expected to vest as of September 30, 20252,288$11.89 3.8$66,380 
(1)Aggregate intrinsic value for stock options represents the difference between the exercise price and the per share fair value of the Company’s common stock as of the end of the period, multiplied by the number of stock options outstanding.
Schedule of PSU Activity
PSU activity during the three months ended September 30, 2025 was as follows (in thousands, except per share data):
Number of SharesWeighted-
Average
Grant Date
Fair Value
Balance as of June 30, 20252,010$37.98 
Granted88646.77 
Vested(228)31.49 
Forfeited(87)40.48 
Balance as of September 30, 20252,581$41.48 
Schedule of RSU Activity
RSU activity during the three months ended September 30, 2025 was as follows (in thousands, except per share data):
Number of SharesWeighted-
Average
Grant Date
Fair Value
Balance as of June 30, 20253,306$41.27 
Granted1,37542.49 
Vested(355)35.30 
Forfeited(138)40.30 
Balance as of September 30, 20254,188$42.20 
Summary of Stock-Based Compensation Expense
The Company recorded stock-based compensation expense in the unaudited condensed consolidated statements of operations as follows (in thousands):
Three Months Ended September 30,
20252024
Cost of revenues
Cost of SaaS$786 $664 
Cost of license177 189 
Cost of professional services1,425 1,379 
Research and development7,987 4,624 
Sales and marketing7,893 5,738 
General and administrative9,019 7,395 
Total stock-based compensation$27,287 $19,989