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Goodwill and Intangible Assets, Net
9 Months Ended
Mar. 31, 2026
Goodwill And Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets, Net

7. Goodwill and Intangible Assets, Net

Goodwill

The changes in the carrying amount of goodwill for the nine months ended March 31, 2026 were as follows (in thousands):

 

 

 

 

 

Goodwill

 

Balance as of June 30, 2025

 

 

 

$

125,056

 

Goodwill acquired

 

 

 

 

136,742

 

Balance as of March 31, 2026

 

 

 

$

261,798

 

Goodwill acquired is associated with the acquisition of HomeBuddy completed in the third quarter of fiscal year 2026. See Note 6, Acquisitions, for more information.

There were no impairments to goodwill during the nine months ended March 31, 2026.

Intangible Assets, Net

Intangible assets, net, consisted of the following (in thousands):

 

 

March 31, 2026

 

 

June 30, 2025

 

 

 

Gross

 

 

 

 

 

Net

 

 

Gross

 

 

 

 

 

Net

 

 

 

Carrying

 

 

Accumulated

 

 

Carrying

 

 

Carrying

 

 

Accumulated

 

 

Carrying

 

 

 

Amount

 

 

Amortization

 

 

Amount

 

 

Amount

 

 

Amortization

 

 

Amount

 

Customer/publisher/advertiser relationships

 

$

129,011

 

 

$

(81,070

)

 

$

47,941

 

 

$

93,511

 

 

$

(76,353

)

 

$

17,158

 

Content

 

 

43,106

 

 

 

(43,106

)

 

 

 

 

 

43,106

 

 

 

(43,106

)

 

 

 

Website/trade/domain names

 

 

35,722

 

 

 

(21,260

)

 

 

14,462

 

 

 

25,422

 

 

 

(20,601

)

 

 

4,821

 

Acquired technology and others

 

 

46,714

 

 

 

(37,597

)

 

 

9,117

 

 

 

43,014

 

 

 

(36,518

)

 

 

6,496

 

Total

 

$

254,553

 

 

$

(183,033

)

 

$

71,520

 

 

$

205,053

 

 

$

(176,578

)

 

$

28,475

 

 

Amortization of intangible assets was $2.6 million and $6.5 million for the three and nine months ended March 31, 2026, and $2.2 million and $7.2 million for the three and nine months ended March 31, 2025.

Future amortization expense for the Company’s intangible assets as of March 31, 2026 was as follows (in thousands):

 

Fiscal Year Ending June 30,

 

 

 

 

 

 

 

Amortization

 

2026 (remaining three months)

 

 

 

 

 

 

 

$

3,179

 

2027

 

 

 

 

 

 

 

 

12,454

 

2028

 

 

 

 

 

 

 

 

11,663

 

2029

 

 

 

 

 

 

 

 

10,324

 

2030

 

 

 

 

 

 

 

 

7,333

 

Thereafter

 

 

 

 

 

 

 

 

26,567

 

Total

 

 

 

 

 

 

 

$

71,520