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Segment Information and Revenue from Significant Customers
12 Months Ended
Sep. 30, 2024
Segment Reporting [Abstract]  
Segment Information and Revenue from Significant Customers

Note 22 — Segment Information and Revenue from Significant Customers

The Company and its subsidiaries operate in one operating segment, providing software products and services primarily for the communications, entertainment and media industry service providers.

Geographic Information

The following is a summary of revenue and long-lived assets by geographic area. Revenue is attributed to geographic region based on the location of the customers.

 

 

Year Ended September 30,

 

 

2024

 

 

2023

 

 

2022

 

Revenue

 

 

 

 

 

 

 

 

 

North America (mainly United States)

 

$

3,325,967

 

 

$

3,306,988

 

 

$

3,100,038

 

Europe

 

 

726,226

 

 

 

703,141

 

 

 

582,192

 

Rest of the world

 

 

952,796

 

 

 

877,421

 

 

 

894,467

 

Total

 

$

5,004,989

 

 

$

4,887,550

 

 

$

4,576,697

 

 

 

 

As of September 30,

 

 

2024

 

 

2023

 

Long-lived Assets(1),(2)

 

 

 

 

 

 

Europe

 

$

104,153

 

 

$

130,000

 

North America

 

 

72,362

 

 

 

78,640

 

Rest of the world:

 

 

 

 

 

 

Israel

 

 

508,328

 

 

 

516,291

 

India

 

 

59,589

 

 

 

52,872

 

Others

 

 

11,169

 

 

 

13,120

 

Total

 

$

755,601

 

 

$

790,923

 

 

(1)
Property and equipment, net.
(2)
The decrease is primarily due to lower capitalization net of depreciation related to software for internal use, as the company expands its use of cloud-based applications.

Revenue by nature of activities

 

 

Year Ended September 30,

 

 

2024

 

 

2023

 

 

2022

 

Managed services arrangements

 

$

2,904,924

 

 

$

2,856,621

 

 

$

2,755,486

 

Others

 

 

2,100,065

 

 

 

2,030,929

 

 

 

1,821,211

 

Total

 

$

5,004,989

 

 

$

4,887,550

 

 

$

4,576,697

 

 

Revenue from Significant Customers

The following table summarizes the percentage of revenue from significant customer groups which accounted for at least ten percent of its total revenue in each of fiscal years 2024, 2023 and 2022.

 

 

Year Ended September 30,

 

 

2024

 

 

2023

 

 

2022

 

Revenue

 

 

 

 

 

 

 

 

 

Customer 1

 

 

24.5

%

 

 

23.8

%

 

 

26.8

%

Customer 2

 

 

22.6

%

 

 

23.1

%

 

 

20.1

%