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Stockholders' Equity (Tables)
12 Months Ended
Jun. 30, 2025
Equity [Abstract]  
Schedule of RSU Activity
The following table summarizes RSU activity for the year ended June 30, 2025.
Number of
shares (1)
(in thousands)
Weighted
average
grant date
fair value
Nonvested at June 30, 2024
4,600 $108.24 
Granted6,871 53.03 
Vested(2,361)95.17 
Forfeited(1,224)84.78 
Nonvested at June 30, 2025
7,886 $67.67 
(1) Includes RSU, market-based RSUs and performance-based RSUs.
Schedule of Stock Based Compensation Cost
Stock-based compensation by award type (in thousands):
Year ended
June 30,
Unrecognized compensation
(in thousands)
Weighted-average recognition period (in years)
202520242023
Restricted stock units (RSUs)
$228,374 $217,696 $251,456 $451,785 2.9
Stock options2,964 10,719 37,882 476 0.2
Performance-based awards12,911 13,351 17,914 15,240 2.5
Employee stock purchase plan6,063 9,129 11,280 5,620 0.9
Market-based RSUs6,101 5,912 4,308 13,001 0.9
Total stock-based compensation
$256,413 $256,807 $322,840 $486,122 
Stock-based compensation was included in the following line items in the accompanying consolidated statements of operations and consolidated balance sheets (in thousands):
Year ended
June 30,
202520242023
Revenue - subscription and transaction fees$2,329 $1,831 $188 
Cost of revenue - service costs9,627 9,309 9,111 
Research and development107,603 103,382 93,364 
Sales and marketing39,992 49,070 130,421 
General and administrative82,981 81,209 80,619 
Restructuring— 3,574 — 
Total amount charged to operating loss242,532 248,375 313,703 
Property and equipment (capitalized internal-use software)13,881 8,432 9,137 
Total stock-based compensation$256,413 $256,807 $322,840