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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2022
Revenue      
Total revenue $ 1,290,172 $ 1,058,468 $ 641,959
Cost of revenue      
Service costs 189,894 151,010 105,496
Depreciation and amortization [1] 44,722 42,967 39,508
Total cost of revenue 234,616 193,977 145,004
Gross profit 1,055,556 864,491 496,955
Operating expenses      
Research and development 336,754 314,632 219,818
Sales and marketing 478,540 515,858 307,151
General and administrative 277,662 249,054 221,030
Provision for expected credit losses 60,105 32,224 20,144
Depreciation and amortization [1] 49,072 48,496 45,630
Restructuring 27,587 0 0
Total operating expenses 1,229,720 1,160,264 813,773
Operating loss (174,164) (295,773) (316,818)
Other income (expense), net 147,845 72,856 (13,861)
Loss before provision for (benefit from) income taxes (26,319) (222,917) (330,679)
Provision for (benefit from) income taxes 2,559 808 (4,318)
Net loss $ (28,878) $ (223,725) $ (326,361)
Net loss per share attributable to common stockholders:      
Basic (dollars per share) $ (0.27) $ (2.11) $ (3.21)
Diluted (dollars per share) $ (0.27) $ (2.11) $ (3.21)
Weighted-average number of common shares used to compute net loss per share attributable to common stockholders:      
Basic (shares) 106,102 105,976 101,753
Diluted (shares) 106,102 105,976 101,753
Subscription and transaction fees      
Revenue      
Total revenue $ 1,122,733 $ 944,710 $ 633,365
Interest on funds held for customers      
Revenue      
Total revenue $ 167,439 $ 113,758 $ 8,594
[1] Depreciation and amortization do not include amortization of capitalized internal-use software costs paid in cash.