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Stockholders' Equity (Tables)
6 Months Ended
Dec. 31, 2025
Equity [Abstract]  
Schedule of Stock Based Compensation Cost
Stock-based compensation by award type (in thousands):
Three Months Ended
December 31,
Six Months Ended
December 31,
As of December 31, 2025
2025202420252024Unrecognized
compensation
Weighted-average recognition period (in years)
Restricted stock units (RSUs)$60,679 $60,920 $117,462 $111,814 $368,773 2.4
Performance-based awards4,573 4,040 5,120 6,835 21,973 1.8
Employee stock purchase plan1,756 1,597 3,758 3,005 2,420 0.5
Market-based RSUs2,188 1,785 6,614 2,790 16,078 1.3
Stock options89 784 476 2,022 — 0.0
Total stock-based compensation$69,285 $69,126 $133,430 $126,466 $409,244 
Stock-based compensation was included in the following line items in the accompanying condensed consolidated statements of operations and condensed consolidated balance sheets (in thousands):
Three Months Ended
December 31,
Six Months Ended
December 31,
2025202420252024
Revenue - subscription and transaction fees$634 $608 $1,242 $1,135 
Cost of revenue - service costs2,248 2,579 4,593 4,732 
Research and development29,161 29,270 55,061 52,903 
Sales and marketing10,019 10,480 19,645 21,274 
General and administrative22,164 22,943 42,489 40,497 
Restructuring31 — 31 — 
Total amount charged to operating loss64,257 65,880 123,061 120,541 
Property and equipment (capitalized internal-use software)5,028 3,246 10,369 5,925 
Total stock-based compensation$69,285 $69,126 $133,430 $126,466 
Schedule of Share Repurchase Program
The table below sets forth information regarding repurchases made pursuant to the Company's share repurchase programs as of December 31, 2025 (in thousands, except per share data):
August 2024 Share Repurchase Program
August 2025 Share Repurchase Program
Period
Shares repurchased
Total amount repurchased(1)
Average price paid per share(1)
Available for future share repurchases
Shares repurchased
Total amount repurchased(1)
Average price paid per share(1)
Available for future share repurchases
Fiscal 2025
First quarter3,711 $201,709 $54.35 — $— $— 
Second quarter— — $— — — $— 
Total3,711 $201,709 — $— 
Fiscal 2026
First quarter1,392 $65,454 $47.02 $303 $16,258 $53.71 
Second quarter— — $— 2,545 132,980 $52.26 
Total1,392 $65,454 $— $2,848 $149,238 $151,857 
(1) Amounts include an immaterial amount of accrued excise tax