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Revenue from Contracts with Customers (Tables)
3 Months Ended
Dec. 31, 2024
Revenue from Contract with Customer [Abstract]  
Schedule of Receivables, Contract Assets and Liabilities

Receivables, Contract Assets and Contract Liabilities

 

(in thousands)

 

December 31,
2024

 

 

September 30,
2024

 

Short-term and long-term receivables

 

$

878,294

 

 

$

1,062,052

 

Contract asset

 

$

14,518

 

 

$

14,410

 

Deferred revenue

 

$

726,167

 

 

$

775,274

 

Disaggregation of Revenue

Disaggregation of Revenue

 

(in thousands)

 

Three months ended

 

 

 

December 31, 2024

 

 

December 31, 2023

 

Recurring revenue(1)

 

$

524,311

 

 

$

506,027

 

Perpetual license

 

 

9,405

 

 

 

8,440

 

Professional services

 

 

31,412

 

 

 

35,747

 

Total revenue

 

$

565,128

 

 

$

550,214

 

(1)
Recurring revenue is comprised of on-premises subscription, perpetual support, SaaS, and hosting services revenue.
Summary of Revenue and Profit Attributable to Product Groups

We report revenue by the following two product groups:

(in thousands)

 

Three months ended

 

 

 

December 31, 2024

 

 

December 31, 2023

 

Product lifecycle management (PLM)

 

$

353,460

 

 

$

348,647

 

Computer-aided design (CAD)

 

 

211,668

 

 

 

201,567

 

Total revenue

 

$

565,128

 

 

$

550,214

 

 

Summary of Revenue for Geographic Regions

Our international revenue is presented based on the location of our customer. Revenue for the geographic regions in which we operate is presented below.

(in thousands)

 

Three months ended

 

 

 

December 31, 2024

 

 

December 31, 2023

 

Americas

 

$

277,969

 

 

$

267,267

 

Europe

 

 

196,024

 

 

 

196,953

 

Asia Pacific

 

 

91,135

 

 

 

85,994

 

Total revenue

 

$

565,128

 

 

$

550,214