Revenue from Contracts with Customers (Tables)

6 Months Ended

Mar. 31, 2026

Revenue from Contract with Customer [Abstract]

Schedule of Receivables, Contract Assets and Liabilities

Receivables, Contract Assets and Contract Liabilities

(in thousands)	March 31, 2026		September 30, 2025
Short-term receivables	$	852,643	$	1,001,085
Long-term receivables	$	446,508	$	378,941
Contract asset	$	12,070	$	11,044
Deferred revenue	$	771,050	$	827,065

Disaggregation of Revenue

Disaggregation of Revenue

(in thousands)	Three months ended				Six months ended
	March 31, 2026		March 31, 2025		March 31, 2026		March 31, 2025
Recurring revenue(1)	$	743,376	$	601,549	$	1,400,656	$	1,125,860
Perpetual license		6,942		5,836		12,572		15,241
Professional services		23,985		28,981		46,900		60,393
Total revenue	$	774,303	$	636,366	$	1,460,128	$	1,201,494

(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, 2026		March 31, 2025		March 31, 2026		March 31, 2025
Product lifecycle management (PLM)	$	492,128	$	396,149	$	923,670	$	749,608
Computer-aided design (CAD)		282,175		240,217		536,458		451,886
Total revenue	$	774,303	$	636,366	$	1,460,128	$	1,201,494

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				Six months ended
	March 31, 2026		March 31, 2025		March 31, 2026		March 31, 2025
Americas	$	375,589	$	292,823	$	696,524	$	570,792
Europe		299,404		251,148		570,931		447,172
Asia Pacific		99,310		92,395		192,673		183,530
Total revenue	$	774,303	$	636,366	$	1,460,128	$	1,201,494