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Financial Statements Annual (10-K)
Showing 5 of 6 annual reports available (2019 - 2024)
Breakdown TTM
(Sep 30, 2025)
FY 2024
(Mar 31, 2025)
FY 2023
(Mar 31, 2024)
FY 2022
(Mar 31, 2023)
FY 2021
(Mar 31, 2022)
FY 2020
(Mar 31, 2021)
+ Total Revenue - $1.70B $1.43B $1.16B $929.45M $703.51M
Revenue Growth % nan% 18.7% 23.5% 24.6% 32.1% nan%
Cost of Revenue - $320.19M $266.45M $222.89M $172.88M $127.71M
+ Gross Profit - $1.38B $1.16B $935.64M $756.57M $575.80M
Gross Margin % nan% 81.2% 81.4% 80.8% 81.4% 81.8%
Operating Expenses - $1.20B $1.04B $842.83M $675.26M $483.90M
Research & Development - $384.57M $304.74M $218.35M $156.34M $111.42M
+ Operating Income - $179.43M $128.40M $92.81M $81.31M $91.90M
Operating Margin % nan% 10.6% 9.0% 8.0% 8.7% 13.1%
Interest Expense - $753.00K $851.00K $3.41M $10.19M $14.21M
Other Income/Expense - $-4.29M $-10.77M $565.00K $544.00K $162.00K
Income Before Tax - $223.43M $154.91M $89.97M $71.66M $77.85M
Income Tax Expense - $-260.25M $283.00K $-17.99M $19.21M $2.14M
+ Net Income - $483.68M $154.63M $107.96M $52.45M $75.71M
Net Margin % nan% 28.5% 10.8% 9.3% 5.6% 10.8%
Basic EPS nan 1.62 0.53 0.38 0.18 0.27
Diluted EPS nan 1.59 0.52 0.37 0.18 0.26
Basic Shares Outstanding 301.6M 298.4M 294.1M 287.7M 284.2M 280.5M
Diluted Shares Outstanding 304.3M 303.6M 299.3M 291.6M 290.9M 286.5M
Breakdown FY 2024
(Mar 31, 2025)
FY 2023
(Mar 31, 2024)
FY 2022
(Mar 31, 2023)
FY 2021
(Mar 31, 2022)
FY 2020
(Mar 31, 2021)
Cash & Cash Equivalents $1.02B $778.98M $555.35M $462.97M $324.96M
Short-term Investments $96.19M $57.89M - - -
Accounts Receivable $624.44M $602.74M $442.52M $350.67M $242.08M
Other Current Assets $83.90M $66.75M $37.29M $72.19M $64.25M
Total Current Assets $1.93B $1.61B $1.12B $948.42M $680.28M
Property Plant & Equipment $61.52M $53.33M $53.58M $45.27M $36.92M
Goodwill $1.34B $1.34B $1.28B $1.28B $1.27B
Intangible Assets $25.53M $50.99M $63.60M $105.74M $149.48M
Long-term Investments $51.65M $46.35M - - -
Other Non-current Assets $40.75M $24.78M $14.05M $9.62M $9.93M
Total Assets $4.14B $3.41B $2.77B $2.54B $2.26B
Accounts Payable $27.29M $21.41M $21.95M $22.71M $9.62M
Accrued Liabilities $252.50M $233.68M $188.38M $141.56M $119.53M
Deferred Revenue $1.09B $987.95M $811.06M $688.55M $509.27M
Total Current Liabilities $1.38B $1.26B $1.04B $865.60M $647.91M
Long-term Debt - - - $273.92M $391.91M
Deferred Tax Liabilities $419.00K $1.01M $280.00K $85.00K $1.01M
Total Liabilities $1.52B $1.39B $1.16B $1.24B $1.14B
Retained Earnings $284.93M $-198.76M $-353.39M $-461.35M $-513.80M
Total Stockholders Equity $2.62B $2.02B $1.60B $1.30B $1.11B
Total Liabilities & Equity $4.14B $3.41B $2.77B $2.54B $2.26B
Breakdown TTM
(Sep 30, 2025)
FY 2024
(Mar 31, 2025)
FY 2023
(Mar 31, 2024)
FY 2022
(Mar 31, 2023)
FY 2021
(Mar 31, 2022)
FY 2020
(Mar 31, 2021)
Net Income - $483.68M $154.63M $107.96M $52.45M $75.71M
Stock-based Compensation - $271.70M $208.90M $146.87M $99.54M $57.78M
Change in Receivables - $24.03M $161.89M $94.91M $108.85M $81.99M
Operating Cash Flow - $459.42M $378.11M $354.88M $250.92M $220.44M
Capital Expenditure - $26.11M $26.46M $21.54M $17.70M $14.08M
Acquisitions - $100.00K $57.11M - $13.20M -
Purchases of Investments - $145.56M $104.21M - - -
Investing Cash Flow - $-69.31M $-193.05M $-21.54M $-30.89M $-13.88M
Debt Repayment - - - $281.12M $120.00M $120.00M
Stock Repurchased - $172.62M - - $66.00K $49.00K
Financing Cash Flow - $-151.63M $50.66M $-232.34M $-80.66M $-97.80M
Net Change in Cash - $238.06M $223.63M $92.38M $138.00M $111.79M
SEC Filing Format - Data shown as it appears in the Q2 2026 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $493.85M $418.13M $971.20M $817.35M
Cost of Revenue $89.76M $77.78M $174.97M $152.54M
Gross Profit $404.08M $340.35M $796.23M $664.81M
Operating Expenses $331.12M $293.32M $660.92M $575.76M
Research & Development $114.99M $95.37M $223.16M $182.94M
Operating Income $72.97M $47.03M $135.31M $89.06M
Interest Expense - - $363.00K $365.00K
Other Income/Expense $894.00K $-2.04M $7.65M $-4.07M
Income Before Tax $87.11M $57.84M $168.50M $110.61M
Income Tax Expense $29.86M $13.83M $63.30M $27.98M
Net Income $57.24M $44.01M $105.20M $82.63M
Basic EPS 0.19 0.15 0.35 0.28
Diluted EPS 0.19 0.15 0.35 0.27
Basic Shares Outstanding $301.56M $298.09M $300.86M $297.74M
Diluted Shares Outstanding $304.30M $301.37M $304.80M $301.71M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Mar 31, 2025
Cash & Cash Equivalents $1.23B $1.02B
Short-term Investments $89.64M $96.19M
Accounts Receivable $315.04M $624.44M
Other Current Assets $86.52M $83.90M
Total Current Assets $1.84B $1.93B
Property Plant & Equipment $66.08M $61.52M
Goodwill $1.34B $1.34B
Intangible Assets $24.05M $25.53M
Long-term Investments $54.54M $51.65M
Other Non-current Assets $41.32M $40.75M
Total Assets $4.08B $4.14B
Accounts Payable $21.62M $27.29M
Accrued Liabilities $230.03M $252.50M
Deferred Revenue $889.96M $1.09B
Total Current Liabilities $1.16B $1.38B
Deferred Tax Liabilities $871.00K $419.00K
Total Liabilities $1.30B $1.52B
Retained Earnings $390.12M $284.93M
Total Stockholders Equity $2.78B $2.62B
Total Liabilities & Equity $4.08B $4.14B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $57.24M $44.01M $105.20M $82.63M
Stock-based Compensation - - $148.71M $129.36M
Change in Receivables - - $-320.55M $-300.08M
Operating Cash Flow - - $301.71M $254.39M
Capital Expenditure - - $11.67M $6.87M
Acquisitions - - - $100.00K
Purchases of Investments - - $63.76M $80.02M
Investing Cash Flow - - $-6.50M $-46.62M
Stock Repurchased - - $95.03M $90.11M
Financing Cash Flow - - $-99.08M $-84.57M
Net Change in Cash - - $207.98M $128.19M

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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