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

Receivables, Contract Assets and Contract Liabilities

 

(in thousands)

 

December 31, 2025

 

 

September 30, 2025

 

Short-term receivables

 

$

804,341

 

 

$

1,001,085

 

Long-term receivables

 

$

409,166

 

 

$

378,941

 

Contract asset

 

$

13,792

 

 

$

11,044

 

Deferred revenue

 

$

712,378

 

 

$

827,065

 

Disaggregation of Revenue

Disaggregation of Revenue

 

(in thousands)

 

Three months ended

 

 

 

December 31, 2025

 

 

December 31, 2024

 

Recurring revenue(1)

 

$

657,280

 

 

$

524,311

 

Perpetual license

 

 

5,630

 

 

 

9,405

 

Professional services

 

 

22,915

 

 

 

31,412

 

Total revenue

 

$

685,825

 

 

$

565,128

 

(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, 2025

 

 

December 31, 2024

 

Product lifecycle management (PLM)

 

$

431,542

 

 

$

353,460

 

Computer-aided design (CAD)

 

 

254,283

 

 

 

211,668

 

Total revenue

 

$

685,825

 

 

$

565,128

 

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, 2025

 

 

December 31, 2024

 

Americas

 

$

320,935

 

 

$

277,969

 

Europe

 

 

271,526

 

 

 

196,024

 

Asia Pacific

 

 

93,364

 

 

 

91,135

 

Total revenue

 

$

685,825

 

 

$

565,128