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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2023
Revenue      
Total revenue $ 1,462,570 $ 1,290,172 $ 1,058,468
Cost of revenue      
Service costs 229,805 189,894 151,010
Depreciation and amortization [1] 42,298 44,722 42,967
Total cost of revenue 272,103 234,616 193,977
Gross profit 1,190,467 1,055,556 864,491
Operating expenses      
Research and development 340,059 336,754 314,632
Sales and marketing 543,711 478,540 515,858
General and administrative 281,913 277,662 249,054
Provision for expected credit losses 72,749 60,105 32,224
Depreciation and amortization [1] 32,637 49,072 48,496
Restructuring 0 27,587 0
Total operating expenses 1,271,069 1,229,720 1,160,264
Operating loss (80,602) (174,164) (295,773)
Other income, net 111,012 147,845 72,856
Income (loss) before provision for income taxes 30,410 (26,319) (222,917)
Provision for income taxes 6,611 2,559 808
Net income (loss) $ 23,799 $ (28,878) $ (223,725)
Net income (loss) per share attributable to common stockholders:      
Basic (dollars per share) $ 0.23 $ (0.27) $ (2.11)
Diluted (dollars per share) $ (0.07) $ (0.27) $ (2.11)
Weighted-average number of common shares used to compute net income (loss) per share attributable to common stockholders:      
Basic (shares) 103,568 106,102 105,976
Diluted (shares) 103,912 106,102 105,976
Subscription and transaction fees      
Revenue      
Total revenue $ 1,300,804 $ 1,122,733 $ 944,710
Interest on funds held for customers      
Revenue      
Total revenue $ 161,766 $ 167,439 $ 113,758
[1] Depreciation and amortization do not include amortization of capitalized internal-use software costs paid in cash.