CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2025	Jun. 30, 2025
Current assets:
Cash and cash equivalents	$ 1,094,530	$ 1,038,346
Short-term investments	1,146,970	1,180,110
Accounts receivable, net	41,163	32,341
Acquired card receivables, net of allowances of $19,542 and $15,020 as of December 31, 2025 and June 30, 2025, respectively	732,084	685,108
Prepaid expenses and other current assets	278,473	258,418
Funds held for customers	4,032,211	4,044,470
Total current assets	7,325,431	7,238,793
Non-current assets:
Operating lease right-of-use assets, net	52,017	56,086
Property and equipment, net	127,028	116,611
Intangible assets, net	192,475	222,805
Goodwill	2,396,509	2,396,509
Other assets	32,974	33,178
Total assets	10,126,434	10,063,982
Current liabilities:
Accounts payable	5,044	16,293
Accrued compensation and benefits	33,081	39,581
Deferred revenue	20,887	22,435
Other accruals and current liabilities	339,017	252,455
Borrowings from credit facilities	0	180,005
Convertible senior notes, net	0	33,421
Customer fund deposits	4,032,211	4,044,470
Total current liabilities	4,430,240	4,588,660
Non-current liabilities:
Deferred revenue	424	285
Operating lease liabilities	53,490	58,372
Borrowings from credit facilities	330,000	0
Convertible senior notes, net	1,503,600	1,501,044
Other long-term liabilities	1,871	1,581
Total liabilities	6,319,625	6,149,942
Commitments and contingencies (Note 11)
Stockholders' equity:
Common stock	2	2
Additional paid-in capital	5,524,079	5,414,645
Accumulated other comprehensive income	13,775	10,197
Accumulated deficit	(1,731,047)	(1,510,804)
Total stockholders' equity	3,806,809	3,914,040
Total liabilities and stockholders' equity	$ 10,126,434	$ 10,063,982