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Revenue from Contracts with Customers (Tables)
6 Months Ended
Mar. 31, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Receivables, Contract Assets and Liabilities

Receivables, Contract Assets and Contract Liabilities

 

(in thousands)

 

March 31, 2025

 

 

September 30, 2024

 

Short-term and long-term receivables

 

$

920,037

 

 

$

1,062,052

 

Contract asset

 

$

10,225

 

 

$

14,410

 

Deferred revenue

 

$

801,847

 

 

$

775,274

 

Disaggregation of Revenue

Disaggregation of Revenue

 

(in thousands)

 

Three months ended

 

 

Six months ended

 

 

 

March 31, 2025

 

 

March 31, 2024

 

 

March 31, 2025

 

 

March 31, 2024

 

Recurring revenue(1)

 

$

601,549

 

 

$

564,014

 

 

$

1,125,860

 

 

$

1,070,041

 

Perpetual license

 

 

5,836

 

 

 

6,753

 

 

 

15,241

 

 

 

15,193

 

Professional services

 

 

28,981

 

 

 

32,305

 

 

 

60,393

 

 

 

68,052

 

Total revenue

 

$

636,366

 

 

$

603,072

 

 

$

1,201,494

 

 

$

1,153,286

 

(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

 

 

Six months ended

 

 

 

March 31, 2025

 

 

March 31, 2024

 

 

March 31, 2025

 

 

March 31, 2024

 

Product lifecycle management (PLM)

 

$

396,149

 

 

$

373,495

 

 

$

749,608

 

 

$

722,142

 

Computer-aided design (CAD)

 

 

240,217

 

 

 

229,577

 

 

 

451,886

 

 

 

431,144

 

Total revenue

 

$

636,366

 

 

$

603,072

 

 

$

1,201,494

 

 

$

1,153,286

 

 

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

 

 

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March 31, 2025

 

 

March 31, 2024

 

 

March 31, 2025

 

 

March 31, 2024

 

Americas

 

$

292,823

 

 

$

260,622

 

 

$

570,792

 

 

$

527,889

 

Europe

 

 

251,148

 

 

 

257,309

 

 

 

447,172

 

 

 

454,262

 

Asia Pacific

 

 

92,395

 

 

 

85,141

 

 

 

183,530

 

 

 

171,135

 

Total revenue

 

$

636,366

 

 

$

603,072

 

 

$

1,201,494

 

 

$

1,153,286