Revenue from Contracts with Customers (Tables)

12 Months Ended

Sep. 30, 2025

Revenue from Contract with Customer [Abstract]

Schedule of Receivables, Contract Assets and Liabilities

Receivables, Contract Assets, and Contract Liabilities

(in thousands)	September 30,
	2025		2024
Short-term receivables	$	1,001,085	$	861,953
Long-term receivables	$	378,941	$	200,099
Contract asset	$	11,044	$	14,410
Deferred revenue	$	827,065	$	775,274

Disaggregation of Revenue

Disaggregation of Revenue

(in thousands)	Year ended September 30,
	2025		2024		2023
Recurring revenue(1)	$	2,600,514	$	2,134,030	$	1,907,918
Perpetual license		31,375		32,196		38,640
Professional services		107,337		132,246		150,495
Total revenue	$	2,739,226	$	2,298,472	$	2,097,053

(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)	Year ended September 30,
	2025		2024		2023
Product lifecycle management (PLM)	$	1,741,310	$	1,459,078	$	1,330,316
Computer-aided design (CAD)		997,916		839,394		766,737
Total revenue	$	2,739,226	$	2,298,472	$	2,097,053

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)	Year ended September 30,
	2025		2024		2023
Americas(1)	$	1,327,229	$	1,087,929	$	1,023,273
Europe(2)		995,094		859,387		753,796
Asia Pacific		416,903		351,156		319,984
Total revenue	$	2,739,226	$	2,298,472	$	2,097,053

(1)Includes revenue in the United States totaling $1,287.5 million, $1,057.3 million, and $993.8 million for 2025, 2024 and 2023, respectively.

(2)Includes revenue in Germany totaling $368.8 million, $330.5 million, and $292.0 million for 2025, 2024 and 2023, respectively.