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Segment Information (Tables) | 9 Months Ended
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Mar. 31, 2026
Segment Reporting [Abstract] |
Significant Components of Segment Costs and Expenses, Along With a Reconciliation to Net Income | The significant components of segment costs and expenses, along with a reconciliation to net income are presented below (in thousands):
|  | Three Months Ended |  |  | Nine Months Ended |
|  | March 31, |  |  | March 31, |
|  | 2026 |  |  | 2025 |  |  | 2026 |  |  | 2025 |
Net revenue |  | $ | 346,137 |  |  | $ | 269,842 |  |  | $ | 919,835 |  |  | $ | 831,657 |
Less: |  |  |  |  |  |  |  |  |  |  |  |
DMS expense (1) |  |  | 310,770 |  |  |  | 245,167 |  |  |  | 832,085 |  |  |  | 754,552 |
General and administrative expense (2) |  |  | 7,060 |  |  |  | 4,699 |  |  |  | 16,868 |  |  |  | 16,324 |
Corporate systems expense (2) |  |  | 541 |  |  |  | 570 |  |  |  | 1,615 |  |  |  | 1,654 |
Other segment cost and expense (3) |  |  | 20,404 |  |  |  | 14,990 |  |  |  | 7,143 |  |  |  | 57,626 |
Net income |  | $ | 7,362 |  |  | $ | 4,416 |  |  | $ | 62,124 |  |  | $ | 1,501 |
(1) Digital marketing services (“DMS”) expense primarily includes media and marketing expense, personnel-related costs, general facilities, and professional fees. (2) General and administrative expense and Corporate systems expense are primarily comprised of personnel-related costs, professional fees, general facilities, office-related costs and technology service costs. (3) Other segment cost and expense primarily includes non-cash depreciation, amortization, stock-based compensation and other non-recurring expenses, as well as interest and income taxes, which are included in net income.
Net Revenue and Long-Lived Assets by Geographic Area | The following tables set forth ne t revenue and long-lived assets by geographic area (in thousands):
|  | Three Months Ended |  |  | Nine Months Ended |
|  | March 31, |  |  | March 31, |
|  | 2026 |  |  | 2025 |  |  | 2026 |  |  | 2025 |
Net revenue: |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 341,930 |  |  | $ | 266,171 |  |  | $ | 910,498 |  |  | $ | 822,227 |
International |  |  | 4,207 |  |  |  | 3,671 |  |  |  | 9,337 |  |  |  | 9,430 |
Total net revenue |  | $ | 346,137 |  |  | $ | 269,842 |  |  | $ | 919,835 |  |  | $ | 831,657 |
|  | March 31, |  |  | June 30, |
|  | 2026 |  |  | 2025 |
Property and equipment, net: |  |  |  |  |  |
United States |  | $ | 15,566 |  |  | $ | 16,590 |
International |  |  | 1,341 |  |  |  | 228 |
Total property and equipment, net |  | $ | 16,907 |  |  | $ | 16,818 |
|  | March 31, |  |  | June 30, |
|  | 2026 |  |  | 2025 |
Other intangible assets, net: |  |  |  |  |  |
United States |  | $ | 23,119 |  |  | $ | 28,475 |
International |  |  | 48,401 |  |  |  | — |
Total other intangible assets, net |  | $ | 71,520 |  |  | $ | 28,475 |

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- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(1)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-41 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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