Net Loss Per Share (Tables)

12 Months Ended

Mar. 31, 2022

Earnings Per Share [Abstract]

Computation of Net Loss Per Share Attributable to Common Stockholders, Basic and Diluted

The following table sets forth the computation of net loss per share, basic and diluted (in thousands, except per share amounts):

	Fiscal Year Ended March 31,
	2022		2021		2020
Numerator:
Net loss attributable to New Relic	$	(250,402)	$	(192,610)	$	(88,937)
Denominator:
Weighted average shares used to compute net loss per share, basic and diluted	64,592		61,070		58,601
Net loss attributable to New Relic per share—basic and diluted	$	(3.88)	$	(3.15)	$	(1.52)

Antidilutive Securities Excluded from Computation of Diluted Net Loss per Common Share of Common Stock Equivalents

The following outstanding options, unvested shares, and ESPP shares were excluded (as common stock equivalents) from the computation of diluted net loss per common share for the periods presented as their effect would have been antidilutive (in thousands):

	As of March 31,
	2022	2021	2020
Options to purchase common stock	1,663	2,718	2,850
RSUs	3,351	3,293	3,100
PSUs	320	112	—
ESPP shares	45	48	69
	5,379	6,171	6,019