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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2026
Mar. 31, 2025
Income Statement [Abstract]        
Net revenue $ 346,137 $ 269,842 $ 919,835 $ 831,657
Cost of revenue [1] 304,801 241,980 823,837 748,636
Gross profit 41,336 27,862 95,998 83,021
Operating expenses:        
Product development [1] 10,221 8,850 26,696 26,180
Sales and marketing [1] 7,989 5,140 17,652 14,367
General and administrative [1] 12,859 8,960 35,347 40,157
Operating income 10,267 4,912 16,303 2,317
Interest income 3 3 93 20
Interest expense (2,102) (66) (2,240) (316)
Other income (expense), net 16 44 57 (137)
Income before income taxes 8,184 4,893 14,213 1,884
(Provision for) benefit from income taxes (822) (477) 47,911 (383)
Net income and comprehensive income $ 7,362 $ 4,416 $ 62,124 $ 1,501
Net income per share, basic $ 0.13 $ 0.08 $ 1.09 $ 0.03
Net income per share, diluted $ 0.13 $ 0.08 $ 1.07 $ 0.03
Weighted-average shares used in computing net income per share, basic 57,205 56,696 57,174 56,282
Weighted-average shares used in computing net income per share, diluted 58,038 58,657 58,242 58,321
[1] Cost of revenue and operating expenses include stock-based compensation expense as follows:

 

Cost of revenue

 

$

3,442

 

 

$

2,682

 

 

$

10,818

 

 

$

8,894

 

Product development

 

 

1,426

 

 

 

1,042

 

 

 

4,425

 

 

 

3,324

 

Sales and marketing

 

 

1,129

 

 

 

980

 

 

 

3,728

 

 

 

3,400

 

General and administrative

 

 

2,493

 

 

 

2,369

 

 

 

8,274

 

 

 

8,914