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Stockholders' Equity (Tables)
9 Months Ended
Mar. 31, 2026
Equity [Abstract]  
Schedule of Stock Based Compensation Cost
Stock-based compensation by award type (in thousands):
Three Months Ended
March 31,
Nine Months Ended
March 31,
As of March 31, 2026
2026202520262025Unrecognized
compensation
Weighted-average recognition period (in years)
Restricted stock units (RSUs)$53,686 $58,646 $171,148 $170,461 $311,151 2.3
Performance-based awards3,534 3,385 4,652 7,404 17,843 1.6
Employee stock purchase plan1,259 1,766 5,017 4,771 1,021 0.4
Market-based RSUs2,348 1,906 12,964 7,512 13,730 1.8
Stock options— 420 476 2,442 — 0.0
Total stock-based compensation$60,827 $66,123 $194,257 $192,590 $343,745 
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
March 31,
Nine Months Ended
March 31,
2026202520262025
Revenue - subscription and transaction fees$600 $562 $1,842 $1,697 
Cost of revenue - service costs2,082 2,414 6,675 7,147 
Research and development24,202 27,362 79,264 80,265 
Sales and marketing8,358 9,507 28,003 30,781 
General and administrative17,819 22,384 60,308 62,881 
Restructuring876 — 906 — 
Total amount charged to operating loss53,937 62,229 176,998 182,771 
Property and equipment (capitalized internal-use software)6,890 3,894 17,259 9,819 
Total stock-based compensation$60,827 $66,123 $194,257 $192,590 
Schedule of Share Repurchase Program
The table below sets forth information regarding repurchases made pursuant to the Company's share repurchase programs as of March 31, 2026 (in thousands, except per share data):
August 2024 Share Repurchase ProgramAugust 2025 Share Repurchase Program
PeriodShares repurchased
Total amount repurchased(1)
Average price paid per share(1)
Available for future share repurchasesShares repurchased
Total amount repurchased(1)
Average price paid per share(1)
Available for future share repurchases (2)
Fiscal 2025
First quarter3,711 $201,709 $54.35 — $— $— 
Second quarter— — $— — — $— 
Third 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 
Third quarter— — $— 1,014 52,101 $51.40 
Total1,392 $65,454 $— 3,862 $201,339 $99,996 
(1) Amounts include an immaterial amount of accrued excise tax.
(2) Unused amounts are now included in the amount authorized under the 2026 Share Repurchase Authorization.