INTAPP, INC., 10-Q filed on 2/3/2026
Quarterly Report
v3.25.4
COVER - shares
 6 Months Ended
Dec. 31, 2025
Jan. 27, 2026
Cover [Abstract]    
Document Type 10-Q  
Document Quarterly Report true  
Document Period End Date Dec. 31, 2025  
Document Transition Report false  
Entity File Number 001-40550  
Entity Registrant Name Intapp, Inc.  
Entity Incorporation, State or Country Code DE  
Entity Tax Identification Number 46-1467620  
Entity Address, Address Line One 3101 Park Blvd  
Entity Address, City or Town Palo Alto  
Entity Address, State or Province CA  
Entity Address, Postal Zip Code 94306  
City Area Code 650  
Local Phone Number 852-0400  
Title of 12(b) Security Common Stock, par value $0.001 per share  
Trading Symbol INTA  
Security Exchange Name NASDAQ  
Entity Current Reporting Status Yes  
Entity Interactive Data Current Yes  
Entity Filer Category Large Accelerated Filer  
Entity Small Business false  
Entity Emerging Growth Company false  
Entity Shell Company false  
Entity Common Stock, Shares Outstanding   80,395,789
Entity Central Index Key 0001565687  
Current Fiscal Year End Date --06-30  
Document Fiscal Year Focus 2026  
Document Fiscal Period Focus Q2  
Amendment Flag false  
v3.25.4
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Jun. 30, 2025
Current assets:    
Cash and cash equivalents $ 191,152 $ 313,109
Restricted cash 200 200
Accounts receivable, net of allowance of $1,237 and $968 as of December 31, 2025 and June 30, 2025, respectively 119,318 89,667
Unbilled receivables, net 15,465 19,462
Other receivables, net 3,991 5,866
Prepaid expenses 11,426 11,971
Deferred commissions, current 17,844 15,605
Total current assets 359,396 455,880
Property and equipment, net 24,715 23,157
Operating lease right-of-use assets 17,713 18,139
Goodwill 326,101 326,260
Intangible assets, net 34,962 40,699
Deferred commissions, noncurrent 20,873 20,761
Other assets 11,419 9,265
Total assets 795,179 894,161
Current liabilities:    
Accounts payable 16,402 16,497
Accrued compensation 36,885 51,654
Accrued expenses 7,169 12,647
Deferred revenue, net 283,073 256,994
Other current liabilities 15,193 12,066
Total current liabilities 358,722 349,858
Deferred tax liabilities 1,420 1,716
Deferred revenue, noncurrent 4,011 2,002
Operating lease liabilities, noncurrent 14,836 16,114
Other liabilities 5,941 4,706
Total liabilities 384,930 374,396
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Common stock, $0.001 par value per share, 700,000 shares authorized; 80,235 and 81,877 shares issued and outstanding as of December 31, 2025 and June 30, 2025, respectively 81 82
Additional paid-in capital 1,085,919 1,025,712
Accumulated other comprehensive loss 0 (630)
Accumulated deficit (675,751) (505,399)
Total stockholders’ equity 410,249 519,765
Total liabilities and stockholders’ equity $ 795,179 $ 894,161
v3.25.4
CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)
shares in Thousands, $ in Thousands
Dec. 31, 2025
Jun. 30, 2025
Statement of Financial Position [Abstract]    
Allowance for doubtful accounts $ 1,237 $ 968
Common stock, par value per share (in dollars per share) $ 0.001 $ 0.001
Common stock, shares authorized (in shares) 700,000 700,000
Common stock, shares issued (in shares) 80,235 81,877
Common stock, shares outstanding (in shares) 80,235 81,877
v3.25.4
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2025
Dec. 31, 2024
Revenues:        
Total revenues $ 140,208 $ 121,209 $ 279,235 $ 240,014
Cost of revenues:        
Total cost of revenues 35,070 32,471 70,266 64,405
Gross profit 105,138 88,738 208,969 175,609
Operating expenses:        
Research and development 39,283 33,325 80,217 65,752
Sales and marketing 46,691 40,791 95,477 78,551
General and administrative 26,341 24,808 54,907 48,746
Total operating expenses 112,315 98,924 230,601 193,049
Operating loss (7,177) (10,186) (21,632) (17,440)
Interest and other income (expense), net 1,915 (202) 2,974 3,220
Net loss before income taxes (5,262) (10,388) (18,658) (14,220)
Income tax (expense) benefit (672) 171 (1,629) (517)
Net loss $ (5,934) $ (10,217) $ (20,287) $ (14,737)
Net loss per share, basic (in dollars per share) $ (0.07) $ (0.13) $ (0.25) $ (0.19)
Net loss per share, diluted (in dollars per share) $ (0.07) $ (0.13) $ (0.25) $ (0.19)
Weighted-average shares used to compute net loss per share, basic (in shares) 81,048 78,118 81,465 76,861
Weighted-average shares used to compute net loss per share , diluted (in shares) 81,048 78,118 81,465 76,861
SaaS        
Revenues:        
Total revenues $ 102,458 $ 79,976 $ 199,982 $ 156,852
Cost of revenues:        
Total cost of revenues 18,242 16,292 36,102 31,610
License        
Revenues:        
Total revenues 25,449 28,017 54,636 56,509
Cost of revenues:        
Total cost of revenues 1,348 1,630 2,916 3,382
Professional services        
Revenues:        
Total revenues 12,301 13,216 24,617 26,653
Cost of revenues:        
Total cost of revenues $ 15,480 $ 14,549 $ 31,248 $ 29,413
v3.25.4
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2025
Dec. 31, 2024
Statement of Comprehensive Income [Abstract]        
Net loss $ (5,934) $ (10,217) $ (20,287) $ (14,737)
Other comprehensive (loss) income:        
Foreign currency translation adjustments 0 (560) (169) (65)
Foreign currency impact from dissolution of subsidiary 0 0 799 0
Other comprehensive (loss) income 0 (560) 630 (65)
Comprehensive loss $ (5,934) $ (10,777) $ (19,657) $ (14,802)
v3.25.4
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Loss
Accumulated Deficit
Beginning Balance (in shares) at Jun. 30, 2024   74,624,000      
Beginning Balance at Jun. 30, 2024 $ 403,238 $ 75 $ 891,681 $ (1,336) $ (487,182)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common stock upon exercise of stock options (in shares)   3,161,000      
Issuance of common stock upon exercise of stock options 32,584 $ 3 32,581    
Vesting of performance stock units and restricted stock units, net of shares withheld for taxes (in shares)   1,382,000      
Vesting of performance stock units and restricted stock units, net of shares withheld for taxes 0 $ 1 (1)    
Issuance of common stock under employee stock purchase plan (in shares)   67,000      
Issuance of common stock under employee stock purchase plan 1,970   1,970    
Stock-based compensation 45,400   45,400    
Foreign currency translation adjustments (65)     (65)  
Foreign currency impact from dissolution of subsidiary 0        
Net loss (14,737)       (14,737)
Ending Balance (in shares) at Dec. 31, 2024   79,234,000      
Ending Balance at Dec. 31, 2024 468,390 $ 79 971,631 (1,401) (501,919)
Beginning Balance (in shares) at Sep. 30, 2024   77,285,000      
Beginning Balance at Sep. 30, 2024 442,120 $ 78 934,585 (841) (491,702)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common stock upon exercise of stock options (in shares)   1,123,000      
Issuance of common stock upon exercise of stock options 9,666 $ 1 9,665    
Vesting of performance stock units and restricted stock units, net of shares withheld for taxes (in shares)   759,000      
Issuance of common stock under employee stock purchase plan (in shares)   67,000      
Issuance of common stock under employee stock purchase plan 1,970   1,970    
Stock-based compensation 25,411   25,411    
Foreign currency translation adjustments (560)     (560)  
Foreign currency impact from dissolution of subsidiary 0        
Net loss (10,217)       (10,217)
Ending Balance (in shares) at Dec. 31, 2024   79,234,000      
Ending Balance at Dec. 31, 2024 468,390 $ 79 971,631 (1,401) (501,919)
Beginning Balance (in shares) at Jun. 30, 2025   81,877,000      
Beginning Balance at Jun. 30, 2025 $ 519,765 $ 82 1,025,712 (630) (505,399)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common stock upon exercise of stock options (in shares) 822,000 822,000      
Issuance of common stock upon exercise of stock options $ 8,134 $ 1 8,133    
Vesting of performance stock units and restricted stock units, net of shares withheld for taxes (in shares)   918,000      
Vesting of performance stock units and restricted stock units, net of shares withheld for taxes $ (8,558) $ 1 (8,559)    
Issuance of common stock under employee stock purchase plan (in shares) 59,345 59,000      
Issuance of common stock under employee stock purchase plan $ 2,153   2,153    
Repurchases of common stock (in shares) (3,400,000) (3,441,000)      
Repurchases of common stock $ (150,068) $ (3)     (150,065)
Stock-based compensation 58,480   58,480    
Foreign currency translation adjustments (169)     (169)  
Foreign currency impact from dissolution of subsidiary 799     799  
Net loss (20,287)       (20,287)
Ending Balance (in shares) at Dec. 31, 2025   80,235,000      
Ending Balance at Dec. 31, 2025 410,249 $ 81 1,085,919 0 (675,751)
Beginning Balance (in shares) at Sep. 30, 2025   81,694,000      
Beginning Balance at Sep. 30, 2025 486,361 $ 82 1,056,052 0 (569,773)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common stock upon exercise of stock options (in shares)   482,000      
Issuance of common stock upon exercise of stock options 5,332 $ 1 5,331    
Vesting of performance stock units and restricted stock units, net of shares withheld for taxes (in shares)   335,000      
Vesting of performance stock units and restricted stock units, net of shares withheld for taxes (8,558)   (8,558)    
Issuance of common stock under employee stock purchase plan (in shares)   59,000      
Issuance of common stock under employee stock purchase plan $ 2,153   2,153    
Repurchases of common stock (in shares) (2,300,000) (2,335,000)      
Repurchases of common stock $ (100,046) $ (2)     (100,044)
Stock-based compensation 30,941   30,941    
Foreign currency translation adjustments 0        
Foreign currency impact from dissolution of subsidiary 0        
Net loss (5,934)       (5,934)
Ending Balance (in shares) at Dec. 31, 2025   80,235,000      
Ending Balance at Dec. 31, 2025 $ 410,249 $ 81 $ 1,085,919 $ 0 $ (675,751)
v3.25.4
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Cash Flows from Operating Activities:    
Net loss $ (20,287) $ (14,737)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 9,221 8,839
Amortization of operating lease right-of-use assets 2,947 2,558
Accounts receivable allowances 828 823
Stock-based compensation 57,984 45,400
Change in fair value of contingent consideration 500 (1,004)
Deferred income taxes (297) (74)
Foreign currency impact from dissolution of subsidiary 799 0
Asset impairments 1,351 0
Other 76 76
Changes in operating assets and liabilities:    
Accounts receivable (30,150) 6,465
Unbilled receivables, current 3,997 (486)
Prepaid expenses and other assets 1,868 (5,001)
Deferred commissions (2,351) (165)
Accounts payable and accrued liabilities (19,292) (7,875)
Deferred revenue, net 28,088 15,509
Operating lease liabilities (3,085) (2,675)
Other liabilities 4,479 2,032
Net cash provided by operating activities 36,676 49,685
Cash Flows from Investing Activities:    
Purchases of property and equipment (1,222) (416)
Capitalized internal-use software costs (4,411) (3,449)
Business combinations, net of cash acquired (9) (897)
Purchase of strategic investments (2,990) 0
Net cash used in investing activities (8,632) (4,762)
Cash Flows from Financing Activities:    
Proceeds from stock option exercises 8,134 32,584
Proceeds from employee stock purchase plan 2,153 1,970
Payments related to tax withholding for vested equity awards (8,558) 0
Payments of contingent consideration and holdback associated with acquisitions (1,236) (2,410)
Repurchases of common stock (150,068) 0
Net cash (used in) provided by financing activities (149,575) 32,144
Effect of foreign currency exchange rate changes on cash and cash equivalents (426) 194
Net (decrease) increase in cash, cash equivalents and restricted cash (121,957) 77,261
Cash, cash equivalents and restricted cash - beginning of period 313,309 208,570
Cash, cash equivalents and restricted cash - end of period 191,352 285,831
Reconciliation of cash, cash equivalents and restricted cash to the unaudited condensed consolidated balance sheets:    
Cash and cash equivalents 191,152 285,631
Restricted cash 200 200
Total cash, cash equivalents and restricted cash 191,352 285,831
Supplemental Disclosures of Cash Flow Information:    
Cash paid for income taxes, net of tax refunds 520 2,306
Non-Cash Investing and Financing Activities:    
Purchases of property and equipment in accounts payable and accrued liabilities 124 276
Capitalized internal-use software costs in accounts payable and accrued liabilities 258 672
Contingent consideration and acquisition holdbacks in accounts payable, accrued expenses and other liabilities 422 2,707
Stock-based compensation expense capitalized in internal-use software costs, net $ 458 $ 0
v3.25.4
Description of Business
 6 Months Ended
Dec. 31, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Description of Business Description of Business
Intapp, Inc. (“Intapp” or the “Company”) is a leading global provider of AI-powered solutions for the world’s premier accounting, consulting, investment banking, legal, private capital and real assets firms. Its vertical software as a service (“SaaS”) solutions help professionals apply their collective expertise to make smarter decisions, manage risk, increase competitive advantage and drive new growth. Using the power of Applied AI, its purpose-built vertical SaaS solutions help firms accelerate the flow of information, activate expertise, empower teams, strengthen client relationships, reduce risk, and adapt more quickly in a highly complex ecosystem. The Company serves clients primarily in the United States (“U.S.”) and the United Kingdom (“U.K.”). References to “the Company,” “us,” “we,” or “our” in these unaudited condensed consolidated financial statements refer to the consolidated operations of Intapp and its consolidated subsidiaries.
v3.25.4
Summary of Significant Accounting Policies
 6 Months Ended
Dec. 31, 2025
Accounting Policies [Abstract]  
Summary of Significant Accounting Policies Summary of Significant Accounting Policies
Basis of Presentation and Principles of Consolidation
The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) and the requirements of the U.S. Securities and Exchange Commission (the “SEC”) for interim reporting. Certain information and disclosures normally included in the financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. Therefore, these unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes included in the Company’s Annual Report on Form 10-K for the fiscal year ended June 30, 2025 filed with the SEC on August 20, 2025. The unaudited condensed consolidated financial statements include accounts of the Company and its consolidated subsidiaries, after eliminating all inter-company transactions and balances.
The interim unaudited condensed consolidated financial statements have been prepared on a basis consistent with the annual consolidated financial statements and, in the opinion of management, reflect all adjustments, which include only normal and recurring adjustments, necessary to state fairly the Company’s financial condition, its operations and cash flows for the periods presented. The historical results are not necessarily indicative of future results, and the results of operations for the three and six months ended December 31, 2025 are not necessarily indicative of the results to be expected for the full year or any other period.
Use of Estimates
The preparation of the accompanying unaudited condensed consolidated financial statements in conformity with GAAP requires the Company to make estimates and assumptions that affect the amounts reported and disclosed in the unaudited condensed consolidated financial statements and accompanying notes. Those estimates and assumptions include, but are not limited to, revenue recognition including determination of the standalone selling price of the deliverables included in multiple deliverable revenue arrangements; allowance for credit losses; the depreciable lives of long-lived assets including intangible assets; the period of benefits of deferred commissions; the fair value of stock-based awards and estimates on the probability of performance vesting conditions; the fair value of assets acquired and liabilities assumed in business combinations; goodwill and long-lived assets impairment assessments; the fair value of contingent consideration liabilities; the incremental borrowing rate used to determine the operating lease liabilities; valuation allowances on deferred tax assets; fair value of strategic investments; uncertain tax positions; and loss contingencies. The Company evaluates estimates and assumptions on an ongoing basis using historical experience and other factors and adjusts those estimates and assumptions when facts and circumstances dictate. As future events and their effects cannot be determined with precision, actual results could differ from these estimates, and those differences could be material to the unaudited condensed consolidated financial statements.
Significant Accounting Policies
There have been no material changes, other than those listed below, to the Company’s significant accounting policies as described in Note 2. “Summary of Significant Accounting Policies,” to the consolidated financial statements included in Part II, Item 8 of the Company’s Annual Report on Form 10-K for the fiscal year ended June 30, 2025.
Strategic Investments
From time to time, the Company enters into certain strategic investments for the promotion of business and strategic objectives. Strategic investments consist of a convertible debt instrument and equity investments in privately-held companies, which are classified as Other assets on the unaudited condensed consolidated balance sheets. The Company’s strategic investments do not have readily determinable fair values. The convertible debt instrument is accounted for using the fair value option, and is classified as Level 3 within the fair value hierarchy, and the equity investments are accounted for using the measurement alternative at cost, and the Company adjusts for impairments and observable price changes (orderly transactions for the identical or a similar security from the same issuer) included within interest and other income (expense), net on its unaudited condensed consolidated statements of operations as and when it occurs. The measurement alternative election is reassessed each reporting period to determine whether the strategic investments continue to be eligible for this election.
The Company assesses investments for impairment whenever events or changes in circumstances indicate that the carrying value of an investment may not be recoverable. Impairment indicators may include, but are not limited to, a significant deterioration in earnings performance, credit rating, asset quality or business outlook or a significant adverse change in the regulatory, economic, or technological environment. If the strategic investments are considered impaired, the Company will record an impairment charge for the amount by which the carrying value exceeds the fair value of the investment. No impairment of strategic investment has been identified during the periods presented. The Company’s maximum loss exposure is limited to the carrying value of these investments.
Segment Information
The Company’s Chief Executive Officer is the Company’s Chief Operating Decision Maker (“CODM”). The CODM reviews financial information presented on a consolidated basis for the purposes of making operating decisions, allocating resources, and evaluating financial performance. As such, the Company has determined that it operates in one operating and reportable segment.
The CODM is regularly provided with expenses related to cost of revenues, including cost of SaaS, license, and professional services, research and development, sales and marketing, and general and administrative at the consolidated level to manage the Company’s operations, which are identified as significant segment expenses. Since the Company operates as a single operating and reportable segment, these significant segment expenses are the costs and expenses presented on the unaudited condensed consolidated statements of operations. In addition, the Company has concluded that stock-based compensation disclosed in Note 11. “Stock-Based Compensation” and amortization of acquired intangible assets disclosed in Note 5. “Goodwill and Intangible Assets” also qualify as significant segment expenses. Accordingly, the CODM assesses performance and decides how to allocate resources based on consolidated net loss, as reported on the unaudited condensed consolidated statements of operations. Consolidated net loss is used to monitor budget versus actual results in assessing the overall profitability of the business and to guide decisions on how to invest in and grow the business. The measure of segment assets is reported on the unaudited condensed consolidated balance sheets as total consolidated assets. Other segment items which represent segment expenses that are not significant include interest and other income (expense), net and income tax (expense) benefit, which are reflected in the unaudited condensed consolidated statements of operations.
Concentrations of Credit Risk and Significant Clients
Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash and cash equivalents and accounts receivable. The Company maintains its cash and cash equivalents with multiple high credit quality financial institutions. The Company is exposed to credit risk for cash and cash equivalents held in financial institutions to the extent that such amounts recorded on the unaudited condensed consolidated balance sheets are in excess of amounts that are insured by the Federal Deposit Insurance Corporation. The Company has not experienced any such losses.
No client individually accounted for 10% or more of the Company’s revenues for either of the three and six months ended December 31, 2025 and 2024. As of December 31, 2025, no client individually accounted for 10% or more of the Company’s total accounts receivable. As of June 30, 2025, one client individually accounted for 17% of the Company’s total accounts receivable.
Recently Adopted Accounting Pronouncements
In December 2023, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2023-09, Income Taxes (ASC 740): Improvements to Income Tax Disclosures, which requires additional income tax disclosures to better assess how an entity’s operations, related tax risks, tax planning and operational opportunities affect its tax rate and prospects of future cash flows. The Company adopted this standard prospectively for the fiscal year beginning July 1, 2025. The Company will provide the new disclosures required beginning with its annual financial statements for the fiscal year ending June 30, 2026.
Accounting Pronouncements Not Yet Adopted
In November 2024, the FASB issued ASU No. 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (ASC 220): Disaggregation of Income Statement Expenses, and in January 2025, the FASB issued ASU No. 2025-01, Income Statement-Reporting Comprehensive Income-Expense Disaggregation Disclosures (Subtopic 220-40): Clarifying the Effective Date, which clarified the effective date of ASU 2024-03. The guidance requires disclosures, on an annual and interim basis, about specific expense categories presented on the income statement. This guidance will be effective for the Company’s fiscal year beginning July 1, 2027 and for interim periods beginning January 1, 2028, and should be applied on either a prospective or retrospective basis. The Company is currently evaluating the impact of the adoption on its consolidated financial statements.
In July 2025, the FASB issued ASU No. 2025-05, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses for Accounts Receivable and Contract Assets, which provides a practical expedient for estimating expected credit losses for current accounts receivable and current contract assets to assume that current conditions as of the balance sheet date will persist through the reasonable and supportable forecast period for eligible assets. This guidance will be effective for the Company’s interim and annual reporting periods beginning July 1, 2026, and should be applied on a prospective basis. Early adoption is permitted. The Company is currently evaluating the impact of the adoption on its consolidated financial statements.
In September 2025, the FASB issued ASU No. 2025-06, Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40), which modernizes the accounting guidance for internal-use software costs by eliminating the requirement to assess software development stages and introduces a new capitalization threshold. This guidance will be effective for the Company’s interim and annual reporting periods beginning July 1, 2028, and should be applied using a prospective, retrospective or modified transition approach. Early adoption is permitted. The Company is currently evaluating the impact of the adoption on its consolidated financial statements.
v3.25.4
Revenues
 6 Months Ended
Dec. 31, 2025
Revenue from Contract with Customer [Abstract]  
Revenues Revenues
Disaggregation of Revenues
Revenues by geography, based on the shipping address of our clients, were as follows (in thousands):
Three Months Ended December 31,Six Months Ended December 31,
2025202420252024
U.S.$95,157 $83,138 $192,167 $161,710 
U.K.22,398 18,217 43,102 38,220 
Rest of the world22,653 19,854 43,966 40,084 
Total$140,208 $121,209 $279,235 $240,014 
No country other than those listed above accounted for 10% or more of the Company’s total revenues during the three and six months ended December 31, 2025 and 2024.
Deferred Commissions
Deferred commissions were $38.7 million and $36.4 million as of December 31, 2025 and June 30, 2025, respectively. Amortization expense with respect to deferred commissions, which is included in Sales and marketing expense in the Company’s unaudited condensed consolidated statements of operations, was $4.8 million and $9.4 million for the three and six months ended December 31, 2025, respectively, and $4.1 million and $8.0 million for the three and six months ended December 31, 2024. There was no impairment loss in relation to the costs capitalized for the periods presented.
Contract Balances
The Company’s contract assets and liabilities were as follows (in thousands):
December 31, 2025June 30, 2025
Unbilled accounts receivable (1)
$15,465 $19,519 
Deferred revenue, net$287,084 $258,996 
(1)The long-term portion of $57 thousand as of June 30, 2025 is included in Other assets on the unaudited condensed consolidated balance sheet.
There was no allowance for credit losses associated with unbilled receivables as of December 31, 2025 and June 30, 2025. During the six months ended December 31, 2025 and 2024 the Company recognized $179.6 million and $149.3 million in revenue pertaining to deferred revenue as of June 30, 2025 and 2024, respectively.
Remaining Performance Obligations
Remaining performance obligations represent non-cancelable contracted revenues that have not yet been recognized, which includes deferred revenue and amounts that will be invoiced and recognized as revenues in future periods. SaaS subscription is typically satisfied over one to three years, license is typically satisfied at a point in time, support services are generally satisfied within one year, and professional services are typically satisfied within one year. Professional services contracts are not included in the performance obligations amount.
As of December 31, 2025, approximately $777.1 million of revenues is expected to be recognized from remaining performance obligations with approximately 54% over the next 12 months and the remainder thereafter.
v3.25.4
Business Combinations
 6 Months Ended
Dec. 31, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Business Combinations Business Combinations
TermSheet
In connection with the acquisition of TermSheet, LLC (“TermSheet”) on April 21, 2025, during the three months ended September 30, 2025, the Company finalized the purchase price allocation and paid an immaterial amount to the seller for certain working capital adjustments which was recorded as an increase to Goodwill on the unaudited condensed consolidated balance sheet. This was accounted for as a measurement period adjustment reflecting facts and circumstances that existed as of the acquisition date.
During the three months ended December 31, 2025, the Company amended the purchase agreement such that the Company’s obligation to make cash payments of up to $15.0 million, which has been accounted for as post-combination compensation, was extended from over the next two fiscal years, as previously disclosed on the Company’s Annual Report on Form 10-K for the fiscal year ended June 30, 2025, to over the next three fiscal years, subject to certain performance measures and in some cases, certain service conditions.
For further information refer to Note 4. “Business Combinations” in the Notes to Consolidated Financial Statements included in Part II, Item 8 of the Company’s Annual Report on Form 10-K for the fiscal year ended June 30, 2025.
TDI
In connection with the acquisition of Transform Data International B.V. and its subsidiaries (“TDI”) on May 1, 2024, the Company paid $0.9 million to the seller for certain working capital adjustments during the six months ended December 31, 2024. This was included in the purchase price and is recorded in investing activities in the Company’s unaudited condensed consolidated statements of cash flows.
v3.25.4
Goodwill and Intangible Assets
 6 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
Goodwill
Changes in the carrying amounts of goodwill were as follows (in thousands):
Carrying Amount
Balance as of June 30, 2025$326,260 
Purchase price adjustment9 
Foreign currency translation adjustment(168)
Balance as of December 31, 2025$326,101 
Intangible Assets
Intangible assets acquired through business combinations consisted of the following (in thousands):
December 31, 2025
Useful Life
(In years)		Gross Carrying AmountAccumulated
Amortization		Net Carrying Amount
Client relationships
9 to 15
$52,074 $(34,966)$17,108 
Non-compete agreements
3 to 5
4,907 (4,764)143 
Trademarks and trade namesIndefinite4,683 — 4,683 
Trademarks and trade names
5 to 10
7,825 (6,401)1,424 
Core technology
2 to 7
68,089 (56,492)11,597 
Backlog21,027 (1,020)7 
Intangible assets, net$138,605 $(103,643)$34,962 
June 30, 2025
Useful Life
(In years)		Gross Carrying AmountAccumulated
Amortization		Net Carrying Amount
Client relationships
9 to 15
$52,080 $(33,004)$19,076 
Non-compete agreements
3 to 5
4,907 (4,651)256 
Trademarks and trade namesIndefinite4,683 — 4,683 
Trademarks and trade names
5 to 10
7,844 (6,199)1,645 
Core technology
2 to 7
69,614 (54,595)15,019 
Backlog21,027 (1,007)20 
Intangible assets, net$140,155 $(99,456)$40,699 

Amortization expense related to acquired intangible assets was recognized as follows (in thousands):
Three Months Ended December 31,Six Months Ended December 31,
2025202420252024
Cost of SaaS$1,710 $1,509 $3,421 $3,080 
Sales and marketing1,102 1,268 2,202 2,536 
General and administrative57 163 114 326 
Total amortization expense$2,869 $2,940 $5,737 $5,942 
As of December 31, 2025, the estimated future amortization expense for acquired intangible assets is as follows (in thousands):
Fiscal Year Ending June 30,Amount
2026 (remaining 6 months)$4,847 
20277,832 
20287,335 
20295,400 
20302,295 
2031 and thereafter2,570 
Total remaining amortization$30,279 
v3.25.4
Fair Value Measurements
 6 Months Ended
Dec. 31, 2025
Fair Value Disclosures [Abstract]  
Fair Value Measurements Fair Value Measurements
The authoritative guidance on fair value measurements establishes a three-tier fair value hierarchy for disclosure of fair value measurements as follows:
Level 1—Inputs are unadjusted, quoted prices in active markets for identical, assets or liabilities at the measurement date;
Level 2—Inputs are quoted prices in markets that are not active, or inputs which are observable, either directly or indirectly, for substantially the full term of the asset or liability;
Level 3—Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (i.e., supported by little or no market activity).
Money market funds are classified as Level 1 as the assets are valued using quoted prices in active markets. The convertible debt instrument is classified as Level 3 due to the use of unobservable valuation inputs and limited market activity. Liabilities for contingent consideration related to business combinations are classified as Level 3 liabilities as the Company uses unobservable inputs in the valuation, specifically related to the projected total contract value generated by the acquired businesses for a distinct period of time.
Financial Assets and Liabilities
The following table sets forth the Company’s financial assets and liabilities that were measured at fair value on a recurring basis as of the date indicated by level within the fair value hierarchy (in thousands):
December 31, 2025June 30, 2025
Level 1Level 2Level 3TotalLevel 1Level 2Level 3Total
Financial Assets:
Cash equivalents:
Money market funds$132,650 $— $— $132,650 $243,232 $— $— $243,232 
Other assets:
Convertible debt instrument— — 2,990 2,990 — — — — 
Total financial assets$132,650 $— $2,990 $135,640 $243,232 $— $— $243,232 
Financial Liabilities:
Liability for contingent consideration, current portion$— $— $92 $92 $— $— $— $— 
Liability for contingent consideration, noncurrent portion— — — — — — 86 86 
Total financial liabilities$— $— $92 $92 $— $— $86 $86 
In connection with the acquisition of TDI, the Company recorded a contingent liability of $0.2 million on the acquisition date for the estimated fair value of the contingent consideration, which was measured based on the probability of achieving certain performance measures pursuant to the acquisition agreement. Accordingly, the Company recorded a contingent consideration liability of $0.1 million as of December 31, 2025 and June 30, 2025, which was included in Other liabilities on the unaudited condensed consolidated balance sheets.
In connection with the acquisition of Paragon Data Labs, Inc. in May 2023, the Company recorded a contingent consideration liability of $4.3 million on the acquisition date for the estimated fair value of the contingent consideration. The fair value was measured based on the probability of achieving certain performance measures pursuant to the acquisition agreement. During the six months ended December 31, 2024, the Company made a fair value adjustment of $1.0 million based on the probability of achieving certain performance measures and paid $1.4 million related to the contingent consideration. During the six months ended December 31, 2025, the Company made a fair value adjustment of based on a finalized targeted earnout true-up and made a payment of $0.5 million. Accordingly, the contingent consideration was nil as of December 31, 2025 and June 30, 2025, respectively.
The fair value of the contingent consideration was initially estimated on the acquisition date using the Monte Carlo simulation and included key assumptions used by management related to the estimated probability of occurrence and discount rates. Subsequent changes in the fair value of the contingent consideration liabilities, resulting from management’s revision of key assumptions and estimates, have been recorded in General and administrative expenses on the unaudited condensed consolidated statements of operations. Gains and losses resulting from exchange rate fluctuation on contingent consideration liabilities denominated in currencies other than U.S. dollars are recognized in interest and other income, net on the unaudited condensed consolidated statements of operations.
Changes in contingent consideration liabilities were as follows (in thousands):
Six Months Ended December 31,
20252024
Balance, beginning of period$86 $2,558 
Change of contingent consideration506 (848)
Payment of contingent consideration(500)(1,401)
Effect of foreign currency exchange rate changes— (4)
Balance, end of period$92 $305 
Other financial instruments consist of accounts receivable, accounts payable, accrued expenses, accrued liabilities and other current liabilities, which are stated at their carrying value as it approximates fair value due to the short time to expected receipt or payment.
Strategic Investments
As of December 31, 2025 and June 30, 2025, the total amount of strategic investments included in Other assets on the Company’s unaudited condensed consolidated balance sheets were $5.0 million and $2.0 million, respectively. The Company did not recognize any unrealized gain or loss on the strategic investments for the periods presented.
v3.25.4
Internal-Use Software Costs
 6 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Internal-Use Software Costs Internal-Use Software Costs
Capitalized Internal-Use Software Costs
Capitalized internal-use software costs, net consisted of the following (in thousands):
December 31, 2025June 30, 2025
Capitalized internal-use software costs$35,787 $31,564 
Less: Accumulated amortization(16,393)(13,958)
Capitalized internal-use software costs, net$19,394 $17,606 
Activity related to capitalized internal-use software costs was as follows (in thousands):
Three Months Ended December 31,Six Months Ended December 31,
2025202420252024
Additions to capitalized internal-use software (1)
$2,231 $1,845 $4,223 $3,476 
Amortization (2)
$1,255 $926 $2,435 $1,872 
(1)Additions to capitalized stock-based compensation costs, which is included in these amounts, were $0.3 million and $0.5 million during the three and six months ended December 31, 2025, respectively, and were not material during the three and six months ended December 31, 2024.
(2)Amortization expense related to capitalized stock-based compensation costs, which is included in these amounts, was not material during the three and six months ended December 31, 2025 and 2024, respectively.
The Company has not recorded any impairment charges during the periods presented.
Capitalized Cloud Computing Implementation Costs
Capitalized cloud computing implementation costs, net consisted of the following (in thousands):
December 31, 2025June 30, 2025
Capitalized cloud computing implementation costs$8,905 $8,464 
Less: Accumulated amortization(1,740)(865)
Capitalized cloud computing implementation costs, net$7,165 $7,599 
Capitalized cloud computing implementation costs included in prepaid expenses$2,412 $1,979 
Activity related to capitalized cloud computing implementation costs was as follows (in thousands):
Three Months Ended December 31,Six Months Ended December 31,
2025202420252024
Additions to capitalized cloud computing implementation costs (1)
$560 $1,061 $1,607 $1,884 
Amortization (2)
$462 $155 $875 $240 
(1)Additions to capitalized stock-based compensation costs, which is included in these amounts, were not material and $0.1 million during the three and six months ended December 31, 2025, respectively, and were not material during the three and six months ended December 31, 2024.
(2)Amortization expense related to capitalized stock-based compensation costs, which is included in these amounts, was not material during the three and six months ended December 31, 2025 and 2024, respectively.
Impairment charges with respect to the Company’s digital transformation initiative, which are included in General and administrative expense on the unaudited condensed consolidated statement of operations, were nil and $1.4 million for the three and six ended December 31, 2025, respectively, and nil for the three and six months ended December 31, 2024.
v3.25.4
Leases
 6 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Leases Leases
The Company leases the majority of its office space in the U.S., U.K., Germany, Portugal, Netherlands, Ukraine and Singapore under non-cancelable operating lease agreements, which have various expiration dates through June 2030, some of which include options to extend the leases for up to 5 years.
The components of lease costs were as follows (in thousands):
Three Months Ended December 31,Six Months Ended December 31,
Operating Leases:2025202420252024
Operating lease cost$1,882 $1,678 $3,697 $3,383 
Short-term lease cost$300 $678 $568 $870 
Variable lease cost$122 $134 $274 $250 
The weighted-average remaining lease term of the Company’s operating leases and the weighted-average discount rate used to measure the present value of the operating lease liabilities are as follows:
Lease Term and Discount Rate:December 31, 2025December 31, 2024
Weighted-average remaining lease term (in years)3.95.0
Weighted-average discount rate6.7%6.9%
The following table presents supplemental cash flow information related to the Company’s operating leases (in thousands):
Six Months Ended December 31,
20252024
Cash payments included in the measurement of operating lease liabilities$3,835 $3,461 
ROU assets obtained in exchange for new operating lease liabilities$2,526 $(419)
Current operating lease liabilities of $7.1 million and $6.5 million were included in Other current liabilities on the Company’s unaudited condensed consolidated balance sheets as of December 31, 2025 and June 30, 2025, respectively.
As of December 31, 2025, remaining maturities of operating lease liabilities are as follows (in thousands):
Fiscal Year Ending June 30,Amount
2026 (remaining 6 months)$4,868 
20275,772 
20285,210 
20295,215 
20303,756 
2031 and thereafter— 
Total lease payments24,821 
Less: imputed interest(2,892)
Present value of operating lease liabilities$21,929 
v3.25.4
Commitments and Contingencies
 6 Months Ended
Dec. 31, 2025
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies Commitments and Contingencies
Other Purchase Commitments
The Company’s other purchase commitments primarily consist of third-party cloud services, support fees and software subscriptions to support operations in the ordinary course of business. There were no material purchase commitments that were entered into during the six months ended December 31, 2025.
In December 2021, the Company entered into an agreement with Microsoft Corp., pursuant to which the Company is committed to spend a minimum of $110.0 million on cloud services. The committed spend period concludes at the end of December 2028, with the Company having the option to extend any remaining commitment into a further 12-month period to the end of December 2029. As of December 31, 2025, the Company had $66.1 million remaining on this commitment.
Litigation
From time to time, the Company is a party to claims, lawsuits, and proceedings which arise in the ordinary course of business. The Company warrants to its clients that it has all necessary rights and licenses to the intellectual property comprised in its products and services and indemnifies those clients against intellectual property claims with respect to such products and services, so such claims, lawsuits and proceedings might in the future include claims of alleged infringement of intellectual property rights. The Company records a liability when it believes that it is probable that a loss will be incurred, and the amount of loss or range of loss can be reasonably estimated. Given the unpredictable nature of legal proceedings, the Company bases its estimate on the information available at the time of the assessment. As additional information becomes available, the Company reassesses the potential liability and may revise the estimate. The Company is not presently a party to any litigation the outcome of which, it believes, if determined adversely to the Company, would individually or in the aggregate have a material adverse effect on the business, operating results, or financial condition.
v3.25.4
Debt
 6 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
Debt Debt
On October 5, 2021, the Company entered into a Credit Agreement, as amended on June 6, 2022 and further amended on November 17, 2022 (the “Credit Agreement”) among the Company, the guarantors party thereto, the lenders party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent (“JPMorgan”). The Credit Agreement provides for a five-year, senior secured revolving credit facility of $100.0 million with a sub-facility for letters of credit in the aggregate amount of up to $10.0 million (the “JPMorgan Credit Facility”). The Credit Agreement also provides that the Company may seek additional revolving credit commitments in an aggregate amount not to exceed $50.0 million, subject to certain administrative procedures, including approval by the Administrative Agent. Future borrowings under the JPMorgan Credit Facility will bear interest, at the Company’s election, at an annual rate based on either (a) an adjusted secured overnight financing rate (“SOFR”, as described in the Credit Agreement) plus a percentage spread (ranging from 1.75% to 2.50%) or (b) an alternate base rate (as described in the Credit Agreement) plus a percentage spread (ranging from 0.75% to 1.50%), in each case based on the Company’s total net leverage ratio. In addition, a commitment fee accrues with respect to the unused amount of the JPMorgan Credit Facility at an annual rate ranging from 0.25% to 0.40%, based on the Company’s total net leverage ratio.
In connection with the execution of the Credit Agreement, the Company also entered into a pledge and security agreement (the “Security Agreement”) dated as of October 5, 2021 among the Company, the subsidiary grantors thereto and JPMorgan, as administrative agent for the secured parties. Under the Security Agreement, borrowings under the JPMorgan Credit Facility are secured by a first priority pledge of all of the capital stock and substantially all of the assets (excluding real estate interests) of each subsidiary of the Company and the subsidiary guarantors.
The Credit Agreement provides that the Company must maintain compliance with a maximum consolidated total net leverage ratio covenant, as determined in accordance with the Credit Agreement. It also contains affirmative, negative and financial covenants, including limitations on certain other indebtedness, loans and investments, liens, mergers, asset sales, and transactions with affiliates, as well as customary events of default.
The Company was in compliance with all covenants as of December 31, 2025. As of December 31, 2025 and June 30, 2025, there were no outstanding borrowings under the JPMorgan Credit Facility.
v3.25.4
Stock-Based Compensation
 6 Months Ended
Dec. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Stock-Based Compensation Stock-Based Compensation
Equity Incentive Plans
In June 2021, the Company’s Board of Directors adopted, and its stockholders approved, the 2021 Omnibus Incentive Plan (the “2021 Plan”) and the 2021 Employee Stock Purchase Plan (“ESPP”). The 2021 Plan provides for the grant of restricted shares, restricted share units (“RSUs”), performance shares, performance share units (“PSUs”), deferred share units, share options and share appreciation rights. All employees, non-employee directors and selected third-party service providers of the Company and its subsidiaries and affiliates are eligible to receive grants under the 2021 Plan. Eligible employees may purchase the Company’s common stock under the ESPP.
Stock Awards
The Company has granted time-based and performance-based stock options, RSUs and PSUs, collectively referred to as “Stock Awards.” The Company accounts for stock-based compensation using the fair value method which requires the Company to measure stock-based compensation based on the grant-date fair value of the awards and recognize compensation expense over the requisite service or performance period. Awards that contain only service conditions, are generally earned over four years and expensed on a straight-line basis over that term. Compensation expense for awards that contain performance conditions is calculated using the graded vesting method and the portion of expense recognized in any period may fluctuate depending on changing estimates of the achievement of the performance conditions.
Stock Options
Stock options granted generally become exercisable ratably over a four-year period following the date of grant and expire ten years from the date of grant.
Stock option activity under the Company’s equity incentive plans during the six months ended December 31, 2025 was as follows (in thousands, except per share data):
Number of
Options		Weighted-
Average
Exercise
Price		Weighted-
Average
Remaining
Contractual
Term
(in years)
Aggregate
Intrinsic
Value (1)
Balance as of June 30, 20252,628$11.42 3.8$105,632 
Exercised(822)9.91 
Forfeited/Expired(1)3.99 
Balance as of December 31, 20251,805$12.11 3.7$60,829 
Vested and exercisable as of December 31, 20251,805$12.11 3.7$60,829 
Vested and expected to vest as of December 31, 20251,805$12.11 3.7$60,829 
(1)Aggregate intrinsic value for stock options represents the difference between the exercise price and the per share fair value of the Company’s common stock as of the end of the period, multiplied by the number of stock options outstanding.
There were no stock options granted during the six months ended December 31, 2025. The total intrinsic value of stock options exercised and the proceeds from option exercises during the six months ended December 31, 2025 were $26.8 million and $8.1 million, respectively.
PSUs and RSUs
During the six months ended December 31, 2025, the Company granted PSUs to certain of its employees with vesting terms based on meeting certain operating performance targets, including annual recurring revenue and profitability targets, and continued service conditions. The Company also granted RSUs to certain employees that vest based on continued service.
PSU activity during the six months ended December 31, 2025 was as follows (in thousands, except per share data):
Number of SharesWeighted-
Average
Grant Date
Fair Value
Balance as of June 30, 20252,010$37.98 
Granted96746.47 
Vested(356)34.71 
Forfeited(176)30.28 
Balance as of December 31, 20252,445$42.36 
RSU activity during the six months ended December 31, 2025 was as follows (in thousands, except per share data):
Number of SharesWeighted-
Average
Grant Date
Fair Value
Balance as of June 30, 20253,306$41.27 
Granted1,57642.42 
Vested(773)37.02 
Forfeited(255)40.39 
Balance as of December 31, 20253,854$42.64 
Stock-Based Compensation Expense
The Company recorded stock-based compensation expense in the unaudited condensed consolidated statements of operations as follows (in thousands):
Three Months Ended December 31,Six Months Ended December 31,
2025202420252024
Cost of revenues
Cost of SaaS$907 $851 $1,693 $1,515 
Cost of license158 199 335 388 
Cost of professional services1,582 1,652 3,007 3,031 
Research and development8,634 6,800 16,621 11,424 
Sales and marketing9,284 7,232 17,177 12,970 
General and administrative10,132 8,677 19,151 16,072 
Total stock-based compensation$30,697 $25,411 $57,984 $45,400 
As of December 31, 2025, there was approximately $200.4 million of unrecognized compensation cost related to unvested stock-based awards granted, which is expected to be recognized over the weighted-average period of approximately 2.4 years.
2021 Employee Stock Purchase Plan
Under the ESPP, eligible employees may purchase the Company’s common stock at a price equal to 85% of the lower of the fair market value of the Company’s common stock on the offering date or the applicable purchase date. The ESPP provides an offering period that begins on June 1 and December 1 of each year and each offering period consists of one six-month purchase period. During the six months ended December 31, 2025, 59,345 shares were purchased under the ESPP.
As of December 31, 2025, total unrecognized compensation cost related to the ESPP was $0.7 million, which will be amortized over a weighted-average vesting term of 0.4 years.
v3.25.4
Income Taxes
 6 Months Ended
Dec. 31, 2025
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes
The Company determines its income tax provision for interim periods using an estimate of its annual effective tax rate adjusted for discrete items occurring during the periods presented. The primary difference between its effective tax rate and the federal statutory rate is the full valuation allowance the Company has established on its federal and state net operating losses and credits. Income taxes from international operations were not material for the three and six months ended December 31, 2025 and 2024.
The Company files income tax returns in the U.S. federal jurisdiction, various state jurisdictions and various foreign jurisdictions. In the normal course of business, the Company is subject to examination by taxing authorities. The Company is not currently under audit by the Internal Revenue Service or other similar tax authorities. The Company’s tax returns remain open to examination as follows: U.S. federal and states, all tax years; and significant foreign jurisdictions, generally 2019 through 2025.
v3.25.4
Net Loss Per Share
 6 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Net Loss Per Share Net Loss Per Share
Basic net loss per share is computed by dividing the net loss by the weighted-average number of common shares outstanding for the period. Diluted net loss per share is calculated by giving effect to all potentially dilutive securities outstanding for the period using the treasury stock method.
Basic net loss per share is the same as diluted net loss per share because the Company reported net losses for all periods presented. The following table sets forth the computation of basic and diluted net loss per share for the periods presented (in thousands, except per share data):
Three Months Ended December 31,Six Months Ended December 31,
2025202420252024
Numerator:
Net loss$(5,934)$(10,217)$(20,287)$(14,737)
Denominator:
Weighted-average shares used to compute net loss per share, basic and diluted81,04878,11881,46576,861
Net loss per share, basic and diluted$(0.07)$(0.13)$(0.25)$(0.19)
The Company excluded the following potential shares of common stock from the calculation of diluted net loss per share because their effect would be anti-dilutive (in thousands):
As of December 31,
20252024
Outstanding stock options to purchase common stock1,8053,681
Unvested PSUs and RSUs6,2996,389
Shares issuable under ESPP7141
Total8,17510,111
v3.25.4
Stockholders' Equity
 6 Months Ended
Dec. 31, 2025
Equity [Abstract]  
Stockholders’ Equity Stockholders’ Equity
Stock Repurchase Program
On August 7, 2025, the Company’s Board of Directors authorized a common stock repurchase program of up to $150.0 million, which was announced on August 12, 2025. The Company may purchase shares of its common stock on a discretionary basis from time to time through open market repurchases, privately negotiated transactions or other means, including through Rule 10b5-1 trading plans or through the use of other techniques. The stock repurchase program does not have an expiration date. The timing and number of shares repurchased will depend on a variety of factors, including stock price, trading volume, and general business and market conditions. The repurchase program does not obligate the Company to repurchase any of its common stock, or to acquire a specified number of shares, and may be modified, suspended or discontinued at the Company’s discretion. 
During the three and six months ended December 31, 2025, the Company repurchased approximately 2.3 million and 3.4 million shares of its common stock for $100.0 million and $150.0 million, excluding broker fees, respectively. The repurchased shares of common stock were retired. As of December 31, 2025, there were no remaining funds authorized or available for stock repurchases.
On January 29, 2026, the Company’s Board of Directors authorized a new common stock repurchase program of up to $200.0 million. For further information, refer to Note 15. “Subsequent Events” in the Company’s condensed consolidated financial statements.
v3.25.4
Subsequent Events
 6 Months Ended
Dec. 31, 2025
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
In January 2026, the Company initiated a restructuring plan to reduce costs and optimize its structure by reducing its workforce and facility footprint in the Netherlands. The Company preliminarily expects to incur total restructuring charges of approximately $5.0 million in fiscal year 2026, these expenses are expected to consist primarily of employee severance and termination benefits.
On January 29, 2026, the Company’s Board of Directors authorized a new common stock repurchase program of up to $200.0 million. The Company may purchase shares of its common stock on a discretionary basis from time to time through open market repurchases, privately negotiated transactions or other means, including through Rule 10b5-1 trading plans or through the use of other techniques. The stock repurchase program does not have an expiration date. The timing and number of shares repurchased will depend on a variety of factors, including stock price, trading volume, and general business and market conditions. The repurchase program does not obligate the Company to repurchase any of its common stock or to acquire a specified number of shares and may be modified, suspended or discontinued at any time at the Company’s discretion.
v3.25.4
Insider Trading Arrangements
 3 Months Ended 6 Months Ended
Dec. 31, 2025
shares
Dec. 31, 2025
shares
Trading Arrangements, by Individual    
Non-Rule 10b5-1 Arrangement Adopted   false
Non-Rule 10b5-1 Arrangement Terminated   false
John Hall [Member]    
Trading Arrangements, by Individual    
Material Terms of Trading Arrangement
John Hall, our Chairman and Chief Executive Officer, entered into a stock trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) (a “Rule 10b5-1 Plan”) on December 15, 2025, which has an end date of December 31, 2026. Mr. Hall’s Rule 10b5-1 Plan provides for the potential exercise of stock options and the associated sale of up to 138,000 shares of Intapp common stock and the potential sale of the net shares of Intapp common stock that Mr. Hall will receive from the vesting of outstanding awards of PSUs and RSUs until the plan’s end date.
  
Name John Hall  
Title Chairman and Chief Executive Officer  
Rule 10b5-1 Arrangement Adopted true  
Adoption Date December 15, 2025  
Expiration Date December 31, 2026  
Arrangement Duration 381 days  
Aggregate Available 138,000 138,000
Thad Jampol [Member]    
Trading Arrangements, by Individual    
Material Terms of Trading Arrangement
Thad Jampol, our Co-founder and Chief Product Officer, entered into a Rule 10b5-1 Plan on December 15, 2025, which has an end date of March 31, 2027. Mr. Jampol’s Rule 10b5-1 Plan provides for the potential exercise of stock options and the associated sale of up to 69,338 shares of Intapp common stock and the potential sale of up to 60,000 additional shares of Intapp common stock.
  
Name Thad Jampol  
Title Co-founder and Chief Product Officer  
Rule 10b5-1 Arrangement Adopted true  
Adoption Date December 15, 2025  
Expiration Date March 31, 2027  
Arrangement Duration 471 days  
Ben Harrison [Member]    
Trading Arrangements, by Individual    
Material Terms of Trading Arrangement Ben Harrison, our President, Industries, entered into a Rule 10b5-1 Plan on December 15, 2025, which has an end date of December 15, 2026. Mr. Harrison’s Rule 10b5-1 Plan provides for the potential sale of up to 1,679 shares of Intapp common stock and the net shares of Intapp common stock that Mr. Harrison will receive from the vesting of outstanding awards of PSUs and RSUs granted prior to the adoption of his current Rule 10b5-1 Plan until the plan’s end date.  
Name Ben Harrison  
Title President, Industries  
Rule 10b5-1 Arrangement Adopted true  
Adoption Date December 15, 2025  
Expiration Date December 15, 2026  
Arrangement Duration 365 days  
Aggregate Available 1,679 1,679
Ralph Baxter [Member]    
Trading Arrangements, by Individual    
Material Terms of Trading Arrangement
Ralph Baxter, a member of our Board of Directors, terminated a Rule 10b5-1 Plan on December 9, 2025. Mr. Baxter entered into this Rule 10b5-1 Plan on March 13, 2025, which had an end date of June 30, 2026. Mr. Baxter’s Rule 10b5-1 Plan provided for the potential exercise of stock options and the associated sale of up to 117,000 shares of Intapp common stock and the potential sale of up to 5,624 additional shares of Intapp common stock.
  
Name Ralph Baxter  
Title member of our Board of Directors  
Rule 10b5-1 Arrangement Terminated true  
Termination Date December 9, 2025  
Trading Arrangement, Potential Exercise And Sale [Member] | Thad Jampol [Member]    
Trading Arrangements, by Individual    
Aggregate Available 69,338 69,338
Trading Arrangement, Potential Exercise And Sale [Member] | Ralph Baxter [Member]    
Trading Arrangements, by Individual    
Aggregate Available 117,000 117,000
Trading Arrangement, Potential Sale Of Additional Shares [Member] | Thad Jampol [Member]    
Trading Arrangements, by Individual    
Aggregate Available 60,000 60,000
Trading Arrangement, Potential Sale Of Additional Shares [Member] | Ralph Baxter [Member]    
Trading Arrangements, by Individual    
Aggregate Available 5,624 5,624
v3.25.4
Summary of Significant Accounting Policies (Policies)
 6 Months Ended
Dec. 31, 2025
Accounting Policies [Abstract]  
Basis of Presentation and Principles of Consolidation
Basis of Presentation and Principles of Consolidation
The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) and the requirements of the U.S. Securities and Exchange Commission (the “SEC”) for interim reporting. Certain information and disclosures normally included in the financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. Therefore, these unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes included in the Company’s Annual Report on Form 10-K for the fiscal year ended June 30, 2025 filed with the SEC on August 20, 2025. The unaudited condensed consolidated financial statements include accounts of the Company and its consolidated subsidiaries, after eliminating all inter-company transactions and balances.
The interim unaudited condensed consolidated financial statements have been prepared on a basis consistent with the annual consolidated financial statements and, in the opinion of management, reflect all adjustments, which include only normal and recurring adjustments, necessary to state fairly the Company’s financial condition, its operations and cash flows for the periods presented. The historical results are not necessarily indicative of future results, and the results of operations for the three and six months ended December 31, 2025 are not necessarily indicative of the results to be expected for the full year or any other period.
Use of Estimates
Use of Estimates
The preparation of the accompanying unaudited condensed consolidated financial statements in conformity with GAAP requires the Company to make estimates and assumptions that affect the amounts reported and disclosed in the unaudited condensed consolidated financial statements and accompanying notes. Those estimates and assumptions include, but are not limited to, revenue recognition including determination of the standalone selling price of the deliverables included in multiple deliverable revenue arrangements; allowance for credit losses; the depreciable lives of long-lived assets including intangible assets; the period of benefits of deferred commissions; the fair value of stock-based awards and estimates on the probability of performance vesting conditions; the fair value of assets acquired and liabilities assumed in business combinations; goodwill and long-lived assets impairment assessments; the fair value of contingent consideration liabilities; the incremental borrowing rate used to determine the operating lease liabilities; valuation allowances on deferred tax assets; fair value of strategic investments; uncertain tax positions; and loss contingencies. The Company evaluates estimates and assumptions on an ongoing basis using historical experience and other factors and adjusts those estimates and assumptions when facts and circumstances dictate. As future events and their effects cannot be determined with precision, actual results could differ from these estimates, and those differences could be material to the unaudited condensed consolidated financial statements.
Strategic Investments
Strategic Investments
From time to time, the Company enters into certain strategic investments for the promotion of business and strategic objectives. Strategic investments consist of a convertible debt instrument and equity investments in privately-held companies, which are classified as Other assets on the unaudited condensed consolidated balance sheets. The Company’s strategic investments do not have readily determinable fair values. The convertible debt instrument is accounted for using the fair value option, and is classified as Level 3 within the fair value hierarchy, and the equity investments are accounted for using the measurement alternative at cost, and the Company adjusts for impairments and observable price changes (orderly transactions for the identical or a similar security from the same issuer) included within interest and other income (expense), net on its unaudited condensed consolidated statements of operations as and when it occurs. The measurement alternative election is reassessed each reporting period to determine whether the strategic investments continue to be eligible for this election.
The Company assesses investments for impairment whenever events or changes in circumstances indicate that the carrying value of an investment may not be recoverable. Impairment indicators may include, but are not limited to, a significant deterioration in earnings performance, credit rating, asset quality or business outlook or a significant adverse change in the regulatory, economic, or technological environment. If the strategic investments are considered impaired, the Company will record an impairment charge for the amount by which the carrying value exceeds the fair value of the investment. No impairment of strategic investment has been identified during the periods presented. The Company’s maximum loss exposure is limited to the carrying value of these investments.
Segment Information
Segment Information
The Company’s Chief Executive Officer is the Company’s Chief Operating Decision Maker (“CODM”). The CODM reviews financial information presented on a consolidated basis for the purposes of making operating decisions, allocating resources, and evaluating financial performance. As such, the Company has determined that it operates in one operating and reportable segment.
The CODM is regularly provided with expenses related to cost of revenues, including cost of SaaS, license, and professional services, research and development, sales and marketing, and general and administrative at the consolidated level to manage the Company’s operations, which are identified as significant segment expenses. Since the Company operates as a single operating and reportable segment, these significant segment expenses are the costs and expenses presented on the unaudited condensed consolidated statements of operations. In addition, the Company has concluded that stock-based compensation disclosed in Note 11. “Stock-Based Compensation” and amortization of acquired intangible assets disclosed in Note 5. “Goodwill and Intangible Assets” also qualify as significant segment expenses. Accordingly, the CODM assesses performance and decides how to allocate resources based on consolidated net loss, as reported on the unaudited condensed consolidated statements of operations. Consolidated net loss is used to monitor budget versus actual results in assessing the overall profitability of the business and to guide decisions on how to invest in and grow the business. The measure of segment assets is reported on the unaudited condensed consolidated balance sheets as total consolidated assets. Other segment items which represent segment expenses that are not significant include interest and other income (expense), net and income tax (expense) benefit, which are reflected in the unaudited condensed consolidated statements of operations.
Concentrations of Credit Risk and Significant Clients
Concentrations of Credit Risk and Significant Clients
Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash and cash equivalents and accounts receivable. The Company maintains its cash and cash equivalents with multiple high credit quality financial institutions. The Company is exposed to credit risk for cash and cash equivalents held in financial institutions to the extent that such amounts recorded on the unaudited condensed consolidated balance sheets are in excess of amounts that are insured by the Federal Deposit Insurance Corporation. The Company has not experienced any such losses.
Recently Adopted Accounting Pronouncements and Accounting Pronouncements Not Yet Adopted
Recently Adopted Accounting Pronouncements
In December 2023, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2023-09, Income Taxes (ASC 740): Improvements to Income Tax Disclosures, which requires additional income tax disclosures to better assess how an entity’s operations, related tax risks, tax planning and operational opportunities affect its tax rate and prospects of future cash flows. The Company adopted this standard prospectively for the fiscal year beginning July 1, 2025. The Company will provide the new disclosures required beginning with its annual financial statements for the fiscal year ending June 30, 2026.
Accounting Pronouncements Not Yet Adopted
In November 2024, the FASB issued ASU No. 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (ASC 220): Disaggregation of Income Statement Expenses, and in January 2025, the FASB issued ASU No. 2025-01, Income Statement-Reporting Comprehensive Income-Expense Disaggregation Disclosures (Subtopic 220-40): Clarifying the Effective Date, which clarified the effective date of ASU 2024-03. The guidance requires disclosures, on an annual and interim basis, about specific expense categories presented on the income statement. This guidance will be effective for the Company’s fiscal year beginning July 1, 2027 and for interim periods beginning January 1, 2028, and should be applied on either a prospective or retrospective basis. The Company is currently evaluating the impact of the adoption on its consolidated financial statements.
In July 2025, the FASB issued ASU No. 2025-05, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses for Accounts Receivable and Contract Assets, which provides a practical expedient for estimating expected credit losses for current accounts receivable and current contract assets to assume that current conditions as of the balance sheet date will persist through the reasonable and supportable forecast period for eligible assets. This guidance will be effective for the Company’s interim and annual reporting periods beginning July 1, 2026, and should be applied on a prospective basis. Early adoption is permitted. The Company is currently evaluating the impact of the adoption on its consolidated financial statements.
In September 2025, the FASB issued ASU No. 2025-06, Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40), which modernizes the accounting guidance for internal-use software costs by eliminating the requirement to assess software development stages and introduces a new capitalization threshold. This guidance will be effective for the Company’s interim and annual reporting periods beginning July 1, 2028, and should be applied using a prospective, retrospective or modified transition approach. Early adoption is permitted. The Company is currently evaluating the impact of the adoption on its consolidated financial statements.
Remaining Performance Obligations
Remaining Performance Obligations
Remaining performance obligations represent non-cancelable contracted revenues that have not yet been recognized, which includes deferred revenue and amounts that will be invoiced and recognized as revenues in future periods. SaaS subscription is typically satisfied over one to three years, license is typically satisfied at a point in time, support services are generally satisfied within one year, and professional services are typically satisfied within one year. Professional services contracts are not included in the performance obligations amount.
v3.25.4
Revenues (Tables)
 6 Months Ended
Dec. 31, 2025
Revenue from Contract with Customer [Abstract]  
Summary of Revenues by Geography
Revenues by geography, based on the shipping address of our clients, were as follows (in thousands):
Three Months Ended December 31,Six Months Ended December 31,
2025202420252024
U.S.$95,157 $83,138 $192,167 $161,710 
U.K.22,398 18,217 43,102 38,220 
Rest of the world22,653 19,854 43,966 40,084 
Total$140,208 $121,209 $279,235 $240,014 
Summary of Contract Assets and Liabilities
The Company’s contract assets and liabilities were as follows (in thousands):
December 31, 2025June 30, 2025
Unbilled accounts receivable (1)
$15,465 $19,519 
Deferred revenue, net$287,084 $258,996 
(1)The long-term portion of $57 thousand as of June 30, 2025 is included in Other assets on the unaudited condensed consolidated balance sheet.
v3.25.4
Goodwill and Intangible Assets (Tables)
 6 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Carrying Amounts of Goodwill
Changes in the carrying amounts of goodwill were as follows (in thousands):
Carrying Amount
Balance as of June 30, 2025$326,260 
Purchase price adjustment9 
Foreign currency translation adjustment(168)
Balance as of December 31, 2025$326,101 
Schedule of Intangible Assets Amortized on Straight Line Basis
Intangible assets acquired through business combinations consisted of the following (in thousands):
December 31, 2025
Useful Life
(In years)		Gross Carrying AmountAccumulated
Amortization		Net Carrying Amount
Client relationships
9 to 15
$52,074 $(34,966)$17,108 
Non-compete agreements
3 to 5
4,907 (4,764)143 
Trademarks and trade namesIndefinite4,683 — 4,683 
Trademarks and trade names
5 to 10
7,825 (6,401)1,424 
Core technology
2 to 7
68,089 (56,492)11,597 
Backlog21,027 (1,020)7 
Intangible assets, net$138,605 $(103,643)$34,962 
June 30, 2025
Useful Life
(In years)		Gross Carrying AmountAccumulated
Amortization		Net Carrying Amount
Client relationships
9 to 15
$52,080 $(33,004)$19,076 
Non-compete agreements
3 to 5
4,907 (4,651)256 
Trademarks and trade namesIndefinite4,683 — 4,683 
Trademarks and trade names
5 to 10
7,844 (6,199)1,645 
Core technology
2 to 7
69,614 (54,595)15,019 
Backlog21,027 (1,007)20 
Intangible assets, net$140,155 $(99,456)$40,699 
Schedule of Amortization Expense Related to Acquired Intangible Assets
Amortization expense related to acquired intangible assets was recognized as follows (in thousands):
Three Months Ended December 31,Six Months Ended December 31,
2025202420252024
Cost of SaaS$1,710 $1,509 $3,421 $3,080 
Sales and marketing1,102 1,268 2,202 2,536 
General and administrative57 163 114 326 
Total amortization expense$2,869 $2,940 $5,737 $5,942 
Schedule of Estimated Future Amortization Expense for Acquired Intangible Assets
As of December 31, 2025, the estimated future amortization expense for acquired intangible assets is as follows (in thousands):
Fiscal Year Ending June 30,Amount
2026 (remaining 6 months)$4,847 
20277,832 
20287,335 
20295,400 
20302,295 
2031 and thereafter2,570 
Total remaining amortization$30,279 
v3.25.4
Fair Value Measurements (Tables)
 6 Months Ended
Dec. 31, 2025
Fair Value Disclosures [Abstract]  
Summary of Financial Assets Measured at Fair Value on Recurring Basis
The following table sets forth the Company’s financial assets and liabilities that were measured at fair value on a recurring basis as of the date indicated by level within the fair value hierarchy (in thousands):
December 31, 2025June 30, 2025
Level 1Level 2Level 3TotalLevel 1Level 2Level 3Total
Financial Assets:
Cash equivalents:
Money market funds$132,650 $— $— $132,650 $243,232 $— $— $243,232 
Other assets:
Convertible debt instrument— — 2,990 2,990 — — — — 
Total financial assets$132,650 $— $2,990 $135,640 $243,232 $— $— $243,232 
Financial Liabilities:
Liability for contingent consideration, current portion$— $— $92 $92 $— $— $— $— 
Liability for contingent consideration, noncurrent portion— — — — — — 86 86 
Total financial liabilities$— $— $92 $92 $— $— $86 $86 
Summary of Financial Liabilities Measured at Fair Value on Recurring Basis
The following table sets forth the Company’s financial assets and liabilities that were measured at fair value on a recurring basis as of the date indicated by level within the fair value hierarchy (in thousands):
December 31, 2025June 30, 2025
Level 1Level 2Level 3TotalLevel 1Level 2Level 3Total
Financial Assets:
Cash equivalents:
Money market funds$132,650 $— $— $132,650 $243,232 $— $— $243,232 
Other assets:
Convertible debt instrument— — 2,990 2,990 — — — — 
Total financial assets$132,650 $— $2,990 $135,640 $243,232 $— $— $243,232 
Financial Liabilities:
Liability for contingent consideration, current portion$— $— $92 $92 $— $— $— $— 
Liability for contingent consideration, noncurrent portion— — — — — — 86 86 
Total financial liabilities$— $— $92 $92 $— $— $86 $86 
Schedule of Changes in Fair Value of Contingent Consideration Liabilities
Changes in contingent consideration liabilities were as follows (in thousands):
Six Months Ended December 31,
20252024
Balance, beginning of period$86 $2,558 
Change of contingent consideration506 (848)
Payment of contingent consideration(500)(1,401)
Effect of foreign currency exchange rate changes— (4)
Balance, end of period$92 $305 
v3.25.4
Internal-Use Software Costs (Tables)
 6 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Summary of Capitalized Internal-Use Software Costs
Capitalized internal-use software costs, net consisted of the following (in thousands):
December 31, 2025June 30, 2025
Capitalized internal-use software costs$35,787 $31,564 
Less: Accumulated amortization(16,393)(13,958)
Capitalized internal-use software costs, net$19,394 $17,606 
Summary of Activity Related to Capitalized Internal-Use Software Costs
Activity related to capitalized internal-use software costs was as follows (in thousands):
Three Months Ended December 31,Six Months Ended December 31,
2025202420252024
Additions to capitalized internal-use software (1)
$2,231 $1,845 $4,223 $3,476 
Amortization (2)
$1,255 $926 $2,435 $1,872 
(1)Additions to capitalized stock-based compensation costs, which is included in these amounts, were $0.3 million and $0.5 million during the three and six months ended December 31, 2025, respectively, and were not material during the three and six months ended December 31, 2024.
(2)Amortization expense related to capitalized stock-based compensation costs, which is included in these amounts, was not material during the three and six months ended December 31, 2025 and 2024, respectively.
Summary of Capitalized Cloud Computing Implementation Costs
Capitalized cloud computing implementation costs, net consisted of the following (in thousands):
December 31, 2025June 30, 2025
Capitalized cloud computing implementation costs$8,905 $8,464 
Less: Accumulated amortization(1,740)(865)
Capitalized cloud computing implementation costs, net$7,165 $7,599 
Capitalized cloud computing implementation costs included in prepaid expenses$2,412 $1,979 
Summary of Activity Related to Capitalized Cloud Computing Implementation Costs
Activity related to capitalized cloud computing implementation costs was as follows (in thousands):
Three Months Ended December 31,Six Months Ended December 31,
2025202420252024
Additions to capitalized cloud computing implementation costs (1)
$560 $1,061 $1,607 $1,884 
Amortization (2)
$462 $155 $875 $240 
(1)Additions to capitalized stock-based compensation costs, which is included in these amounts, were not material and $0.1 million during the three and six months ended December 31, 2025, respectively, and were not material during the three and six months ended December 31, 2024.
(2)Amortization expense related to capitalized stock-based compensation costs, which is included in these amounts, was not material during the three and six months ended December 31, 2025 and 2024, respectively.
v3.25.4
Leases (Tables)
 6 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Schedule of Components of Lease Costs
The components of lease costs were as follows (in thousands):
Three Months Ended December 31,Six Months Ended December 31,
Operating Leases:2025202420252024
Operating lease cost$1,882 $1,678 $3,697 $3,383 
Short-term lease cost$300 $678 $568 $870 
Variable lease cost$122 $134 $274 $250 
Schedule of Weighted Average Operating Leases Term and Discount Rate
The weighted-average remaining lease term of the Company’s operating leases and the weighted-average discount rate used to measure the present value of the operating lease liabilities are as follows:
Lease Term and Discount Rate:December 31, 2025December 31, 2024
Weighted-average remaining lease term (in years)3.95.0
Weighted-average discount rate6.7%6.9%
Schedule of Supplemental Cash Flow Information Related to Operating Leases
The following table presents supplemental cash flow information related to the Company’s operating leases (in thousands):
Six Months Ended December 31,
20252024
Cash payments included in the measurement of operating lease liabilities$3,835 $3,461 
ROU assets obtained in exchange for new operating lease liabilities$2,526 $(419)
Schedule of Remaining Maturities of Operating Lease Liabilities
As of December 31, 2025, remaining maturities of operating lease liabilities are as follows (in thousands):
Fiscal Year Ending June 30,Amount
2026 (remaining 6 months)$4,868 
20275,772 
20285,210 
20295,215 
20303,756 
2031 and thereafter— 
Total lease payments24,821 
Less: imputed interest(2,892)
Present value of operating lease liabilities$21,929 
v3.25.4
Stock-Based Compensation (Tables)
 6 Months Ended
Dec. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Summary of Stock Option Activity
Stock option activity under the Company’s equity incentive plans during the six months ended December 31, 2025 was as follows (in thousands, except per share data):
Number of
Options		Weighted-
Average
Exercise
Price		Weighted-
Average
Remaining
Contractual
Term
(in years)
Aggregate
Intrinsic
Value (1)
Balance as of June 30, 20252,628$11.42 3.8$105,632 
Exercised(822)9.91 
Forfeited/Expired(1)3.99 
Balance as of December 31, 20251,805$12.11 3.7$60,829 
Vested and exercisable as of December 31, 20251,805$12.11 3.7$60,829 
Vested and expected to vest as of December 31, 20251,805$12.11 3.7$60,829 
(1)Aggregate intrinsic value for stock options represents the difference between the exercise price and the per share fair value of the Company’s common stock as of the end of the period, multiplied by the number of stock options outstanding.
Schedule of PSU Activity
PSU activity during the six months ended December 31, 2025 was as follows (in thousands, except per share data):
Number of SharesWeighted-
Average
Grant Date
Fair Value
Balance as of June 30, 20252,010$37.98 
Granted96746.47 
Vested(356)34.71 
Forfeited(176)30.28 
Balance as of December 31, 20252,445$42.36 
Schedule of RSU Activity
RSU activity during the six months ended December 31, 2025 was as follows (in thousands, except per share data):
Number of SharesWeighted-
Average
Grant Date
Fair Value
Balance as of June 30, 20253,306$41.27 
Granted1,57642.42 
Vested(773)37.02 
Forfeited(255)40.39 
Balance as of December 31, 20253,854$42.64 
Summary of Stock-Based Compensation Expense
The Company recorded stock-based compensation expense in the unaudited condensed consolidated statements of operations as follows (in thousands):
Three Months Ended December 31,Six Months Ended December 31,
2025202420252024
Cost of revenues
Cost of SaaS$907 $851 $1,693 $1,515 
Cost of license158 199 335 388 
Cost of professional services1,582 1,652 3,007 3,031 
Research and development8,634 6,800 16,621 11,424 
Sales and marketing9,284 7,232 17,177 12,970 
General and administrative10,132 8,677 19,151 16,072 
Total stock-based compensation$30,697 $25,411 $57,984 $45,400 
v3.25.4
Net Loss Per Share (Tables)
 6 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Loss Per Share The following table sets forth the computation of basic and diluted net loss per share for the periods presented (in thousands, except per share data):
Three Months Ended December 31,Six Months Ended December 31,
2025202420252024
Numerator:
Net loss$(5,934)$(10,217)$(20,287)$(14,737)
Denominator:
Weighted-average shares used to compute net loss per share, basic and diluted81,04878,11881,46576,861
Net loss per share, basic and diluted$(0.07)$(0.13)$(0.25)$(0.19)
Schedule of Anti-dilutive Securities Excluded from Computation of Net Loss Per Share Attributable to Common Stockholders
The Company excluded the following potential shares of common stock from the calculation of diluted net loss per share because their effect would be anti-dilutive (in thousands):
As of December 31,
20252024
Outstanding stock options to purchase common stock1,8053,681
Unvested PSUs and RSUs6,2996,389
Shares issuable under ESPP7141
Total8,17510,111
v3.25.4
Summary of Significant Accounting Policies - Additional Information (Details)
 3 Months Ended 6 Months Ended 12 Months Ended
Dec. 31, 2025
client
Dec. 31, 2024
client
Dec. 31, 2025
client
Segment
Dec. 31, 2024
client
Jun. 30, 2025
client
Summary Of Accounting Policies [Line Items]          
Number of operating segments | Segment     1    
Number of reportable segments | Segment     1    
Customer Concentration Risk | Revenues          
Summary Of Accounting Policies [Line Items]          
Number of client individually accounted for 10% or more | client 0 0 0 0  
Customer Concentration Risk | Accounts Receivable          
Summary Of Accounting Policies [Line Items]          
Number of client individually accounted for 10% or more | client     0   1
Customer Concentration Risk | Accounts Receivable | Significant Customer          
Summary Of Accounting Policies [Line Items]          
Concentrations of credit risk percentage         17.00%
v3.25.4
Revenues - Summary of Revenues by Geography (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2025
Dec. 31, 2024
Disaggregation Of Revenue [Line Items]        
Total $ 140,208 $ 121,209 $ 279,235 $ 240,014
U.S.        
Disaggregation Of Revenue [Line Items]        
Total 95,157 83,138 192,167 161,710
U.K.        
Disaggregation Of Revenue [Line Items]        
Total 22,398 18,217 43,102 38,220
Rest of the world        
Disaggregation Of Revenue [Line Items]        
Total $ 22,653 $ 19,854 $ 43,966 $ 40,084
v3.25.4
Revenues - Additional Information (Details)
 3 Months Ended 6 Months Ended
Dec. 31, 2025
USD ($)
country
Dec. 31, 2024
USD ($)
country
Dec. 31, 2025
USD ($)
country
Dec. 31, 2024
USD ($)
country
Jun. 30, 2025
USD ($)
Disaggregation Of Revenue [Line Items]          
Deferred commissions $ 38,700,000   $ 38,700,000   $ 36,400,000
Impairment loss in relation to capitalized costs 0 $ 0 0 $ 0  
Long-term portion of unbilled accounts receivable         57,000
Allowance for doubtful accounts associated with unbilled receivables 0   0   $ 0
Revenue recognized pertaining to deferred revenue     179,600,000 149,300,000  
Remaining performance obligations $ 777,100,000   $ 777,100,000    
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2026-01-01          
Disaggregation Of Revenue [Line Items]          
Revenue, remaining performance obligation, expected timing of satisfaction, period 12 months   12 months    
Revenue, remaining performance obligation, percentage 54.00%   54.00%    
Minimum          
Disaggregation Of Revenue [Line Items]          
Revenue, remaining performance obligation, expected timing of satisfaction, period 1 year   1 year    
Maximum          
Disaggregation Of Revenue [Line Items]          
Revenue, remaining performance obligation, expected timing of satisfaction, period 3 years   3 years    
Sales and marketing          
Disaggregation Of Revenue [Line Items]          
Deferred commissions amortization expense $ 4,800,000 $ 4,100,000 $ 9,400,000 $ 8,000,000.0  
Excluding United States, United Kingdom and Rest of the World          
Disaggregation Of Revenue [Line Items]          
Countries accounted for 10% or more of revenues | country 0 0 0 0  
v3.25.4
Revenues - Summary of Contract Assets and Liabilities (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]    
Unbilled accounts receivable $ 15,465 $ 19,519
Deferred revenue, net $ 287,084 $ 258,996
v3.25.4
Business Combinations - Additional Information (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Apr. 21, 2025
May 01, 2024
Dec. 31, 2025
Dec. 31, 2025
Dec. 31, 2024
Business Combination [Line Items]          
Working capital adjustment paid       $ 9 $ 897
TermSheet, LLC          
Business Combination [Line Items]          
Date of business acquisition Apr. 21, 2025        
Cash acquired from acquisition     $ 15,000    
TDI          
Business Combination [Line Items]          
Date of business acquisition   May 01, 2024      
Working capital adjustment paid         $ 900
v3.25.4
Goodwill and Intangible Assets - Schedule of Changes in Carrying Amounts of Goodwill (Details)
$ in Thousands
 6 Months Ended
Dec. 31, 2025
USD ($)
Goodwill [Roll Forward]  
Balance as of June 30, 2025 $ 326,260
Purchase price adjustment 9
Foreign currency translation adjustment (168)
Balance as of December 31, 2025 $ 326,101
v3.25.4
Goodwill and Intangible Assets - Schedule of Intangible Assets (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Jun. 30, 2025
Finite Lived Intangible Assets [Line Items]    
Accumulated Amortization $ (103,643) $ (99,456)
Net Carrying Amount 30,279  
Intangible assets, net 138,605 140,155
Intangible assets, net carrying amount 34,962 40,699
Trademarks and trade names    
Finite Lived Intangible Assets [Line Items]    
Indefinite lived intangible assets 4,683 4,683
Client relationships    
Finite Lived Intangible Assets [Line Items]    
Gross Carrying Amount 52,074 52,080
Accumulated Amortization (34,966) (33,004)
Net Carrying Amount $ 17,108 $ 19,076
Client relationships | Minimum    
Finite Lived Intangible Assets [Line Items]    
Useful Life (In years) 9 years 9 years
Client relationships | Maximum    
Finite Lived Intangible Assets [Line Items]    
Useful Life (In years) 15 years 15 years
Non-compete agreements    
Finite Lived Intangible Assets [Line Items]    
Gross Carrying Amount $ 4,907 $ 4,907
Accumulated Amortization (4,764) (4,651)
Net Carrying Amount $ 143 $ 256
Non-compete agreements | Minimum    
Finite Lived Intangible Assets [Line Items]    
Useful Life (In years) 3 years 3 years
Non-compete agreements | Maximum    
Finite Lived Intangible Assets [Line Items]    
Useful Life (In years) 5 years 5 years
Trademarks and trade names    
Finite Lived Intangible Assets [Line Items]    
Gross Carrying Amount $ 7,825 $ 7,844
Accumulated Amortization (6,401) (6,199)
Net Carrying Amount $ 1,424 $ 1,645
Trademarks and trade names | Minimum    
Finite Lived Intangible Assets [Line Items]    
Useful Life (In years) 5 years 5 years
Trademarks and trade names | Maximum    
Finite Lived Intangible Assets [Line Items]    
Useful Life (In years) 10 years 10 years
Core technology    
Finite Lived Intangible Assets [Line Items]    
Gross Carrying Amount $ 68,089 $ 69,614
Accumulated Amortization (56,492) (54,595)
Net Carrying Amount $ 11,597 $ 15,019
Core technology | Minimum    
Finite Lived Intangible Assets [Line Items]    
Useful Life (In years) 2 years 2 years
Core technology | Maximum    
Finite Lived Intangible Assets [Line Items]    
Useful Life (In years) 7 years 7 years
Backlog    
Finite Lived Intangible Assets [Line Items]    
Useful Life (In years) 2 years 2 years
Gross Carrying Amount $ 1,027 $ 1,027
Accumulated Amortization (1,020) (1,007)
Net Carrying Amount $ 7 $ 20
v3.25.4
Goodwill and Intangible Assets - Schedule of Amortization Expense Related to Acquired Intangible Assets (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2025
Dec. 31, 2024
Finite Lived Intangible Assets [Line Items]        
Total amortization expense $ 2,869 $ 2,940 $ 5,737 $ 5,942
Cost of SaaS        
Finite Lived Intangible Assets [Line Items]        
Total amortization expense 1,710 1,509 3,421 3,080
Sales and marketing        
Finite Lived Intangible Assets [Line Items]        
Total amortization expense 1,102 1,268 2,202 2,536
General and administrative        
Finite Lived Intangible Assets [Line Items]        
Total amortization expense $ 57 $ 163 $ 114 $ 326
v3.25.4
Goodwill and Intangible Assets - Schedule of Estimated Future Amortization Expense for Acquired Intangible Assets (Details)
$ in Thousands
Dec. 31, 2025
USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]  
2026 (remaining 6 months) $ 4,847
2027 7,832
2028 7,335
2029 5,400
2030 2,295
2031 and thereafter 2,570
Net Carrying Amount $ 30,279
v3.25.4
Fair Value Measurements - Summary of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Jun. 30, 2025
Financial Assets:    
Cash equivalents $ 132,650 $ 243,232
Other assets 2,990 0
Total financial assets 135,640 243,232
Financial Liabilities:    
Liability for contingent consideration, current portion 92 0
Liability for contingent consideration, noncurrent portion 0 86
Total financial liabilities 92 86
Level 1    
Financial Assets:    
Cash equivalents 132,650 243,232
Other assets 0 0
Total financial assets 132,650 243,232
Financial Liabilities:    
Liability for contingent consideration, current portion 0 0
Liability for contingent consideration, noncurrent portion 0 0
Total financial liabilities 0 0
Level 2    
Financial Assets:    
Cash equivalents 0 0
Other assets 0 0
Total financial assets 0 0
Financial Liabilities:    
Liability for contingent consideration, current portion 0 0
Liability for contingent consideration, noncurrent portion 0 0
Total financial liabilities 0 0
Level 3    
Financial Assets:    
Cash equivalents 0 0
Other assets 2,990 0
Total financial assets 2,990 0
Financial Liabilities:    
Liability for contingent consideration, current portion 92 0
Liability for contingent consideration, noncurrent portion 0 86
Total financial liabilities $ 92 $ 86
v3.25.4
Fair Value Measurements - Additional Information (Details) - USD ($)
$ in Thousands
 6 Months Ended 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Jun. 30, 2025
May 01, 2024
May 02, 2023
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]          
Liability for contingent consideration, noncurrent portion $ 0   $ 86    
Change in fair value of contingent consideration 500 $ (1,004)      
Payment of contingent consideration 1,236 2,410      
Liability for contingent consideration, current portion 92   0    
Strategic investments, noncurrent 5,000   2,000    
Unrealized gain or loss on strategic investments 0   0    
TDI          
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]          
Business combination, contingent consideration, liability       $ 200  
Liability for contingent consideration, noncurrent portion 100   100    
Paragon          
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]          
Liability for contingent consideration, noncurrent portion         $ 4,300
Change in fair value of contingent consideration 500 1,000      
Payment of contingent consideration 500 $ 1,400      
Liability for contingent consideration, current portion $ 0   $ 0    
v3.25.4
Fair Value Measurements - Schedule of Changes in Fair Value of Contingent Consideration Liabilities (Details) - Contingent Consideration Liability - USD ($)
$ in Thousands
 6 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning of period $ 86 $ 2,558
Change of contingent consideration 506 (848)
Payment of contingent consideration (500) (1,401)
Effect of foreign currency exchange rate changes 0 (4)
Balance, end of period $ 92 $ 305
v3.25.4
Internal-Use Software Costs - Summary of Capitalized Internal-Use Software Costs (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Jun. 30, 2025
Property, Plant and Equipment [Abstract]    
Capitalized internal-use software costs $ 35,787 $ 31,564
Less: Accumulated amortization (16,393) (13,958)
Capitalized internal-use software costs, net $ 19,394 $ 17,606
v3.25.4
Internal-Use Software Costs - Summary of Activity Related to Capitalized Internal-use Software Costs (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2025
Dec. 31, 2024
Property, Plant and Equipment [Abstract]        
Additions to capitalized internal-use software $ 2,231 $ 1,845 $ 4,223 $ 3,476
Amortization 1,255 926 2,435 1,872
Additions to capitalized stock-based compensation costs 300 0 500 0
Amortization related to capitalized stock-based compensation costs $ 0 $ 0 $ 0 $ 0
v3.25.4
Internal-Use Software Costs - Additional Information (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2025
Dec. 31, 2024
Property, Plant and Equipment [Abstract]        
Capitalized internal use software impairment costs $ 0 $ 0 $ 0 $ 0
Asset impairments $ 0 $ 0 $ 1,351 $ 0
v3.25.4
Internal-Use Software Costs - Summary of Capitalized Cloud Computing Implementation Costs (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Jun. 30, 2025
Property, Plant And Equipment [Line Items]    
Capitalized cloud computing implementation costs $ 8,905 $ 8,464
Less: Accumulated amortization (1,740) (865)
Capitalized cloud computing implementation costs, net 7,165 7,599
Prepaid Expenses    
Property, Plant And Equipment [Line Items]    
Capitalized cloud computing implementation costs, net $ 2,412 $ 1,979
v3.25.4
Internal-Use Software Costs - Summary of Activity Related to Capitalized Cloud Computing Implementation Costs (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2025
Dec. 31, 2024
Property, Plant and Equipment [Abstract]        
Additions to capitalized cloud computing implementation costs $ 560 $ 1,061 $ 1,607 $ 1,884
Amortization 462 155 875 240
Additions to capitalized stock-based compensation expense 0 0 100 0
Amortization related to capitalized stock-based compensation costs $ 0 $ 0 $ 0 $ 0
v3.25.4
Leases - Additional Information (Details) - USD ($)
$ in Millions
 6 Months Ended
Dec. 31, 2025
Jun. 30, 2025
Leases [Abstract]    
Operating lease expiration date Jun. 30, 2030  
Operating lease, option to extend the term 5 years  
Operating lease liabilities, current Other current liabilities Other current liabilities
Operating lease liability $ 7.1 $ 6.5
v3.25.4
Leases - Schedule of Components of Lease Costs (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2025
Dec. 31, 2024
Lease, Cost [Abstract]        
Operating lease cost $ 1,882 $ 1,678 $ 3,697 $ 3,383
Short-term lease cost 300 678 568 870
Variable lease cost $ 122 $ 134 $ 274 $ 250
v3.25.4
Leases - Schedule of Weighted Average Operating Leases Term and Discount Rate (Details)
Dec. 31, 2025
Dec. 31, 2024
Leases [Abstract]    
Weighted-average remaining lease term (in years) 3 years 10 months 24 days 5 years
Weighted-average discount rate 6.70% 6.90%
v3.25.4
Leases - Schedule of Supplemental Cash Flow Information Related to Operating Leases (Details) - USD ($)
$ in Thousands
 6 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Leases [Abstract]    
Cash payments included in the measurement of operating lease liabilities $ 3,835 $ 3,461
ROU assets obtained in exchange for new operating lease liabilities $ 2,526 $ (419)
v3.25.4
Leases - Schedule of Remaining Maturities of Operating Lease Liabilities and Future Minimum Lease Payments (Details)
$ in Thousands
Dec. 31, 2025
USD ($)
Leases [Abstract]  
2026 (remaining 6 months) $ 4,868
2027 5,772
2028 5,210
2029 5,215
2030 3,756
2031 and thereafter 0
Total lease payments 24,821
Less: imputed interest (2,892)
Present value of operating lease liabilities $ 21,929
v3.25.4
Commitments and Contingencies - Additional Information (Details) - USD ($)
$ in Millions
 1 Months Ended 6 Months Ended
Dec. 31, 2021
Dec. 31, 2025
Long Term Purchase Commitment [Line Items]    
Purchase commitment amount   $ 0.0
Microsoft    
Long Term Purchase Commitment [Line Items]    
Purchase commitment amount $ 110.0  
Purchase commitment, end date 2028-12  
Purchase commitment, option to extend remaining commitment term 12 months  
Purchase commitment, option to extend remaining commitment date 2029-12  
Purchase commitment, remaining   $ 66.1
v3.25.4
Debt - Additional Information (Details) - JP Morgan Credit Agreement - USD ($)
Oct. 05, 2021
Dec. 31, 2025
Jun. 30, 2025
Debt Instrument [Line Items]      
Outstanding borrowings   $ 0 $ 0
Minimum      
Debt Instrument [Line Items]      
Line of credit facility, commitment fee (as a percent) 0.25%    
Maximum      
Debt Instrument [Line Items]      
Line of credit facility, commitment fee (as a percent) 0.40%    
SOFR | Minimum      
Debt Instrument [Line Items]      
Debt Instrument, basis spread on variable rate (as a percent) 1.75%    
SOFR | Maximum      
Debt Instrument [Line Items]      
Debt Instrument, basis spread on variable rate (as a percent) 2.50%    
Alternate Base Rate | Minimum      
Debt Instrument [Line Items]      
Debt Instrument, basis spread on variable rate (as a percent) 0.75%    
Alternate Base Rate | Maximum      
Debt Instrument [Line Items]      
Debt Instrument, basis spread on variable rate (as a percent) 1.50%    
Senior Secured Revolving Credit Facility      
Debt Instrument [Line Items]      
Debt instrument term 5 years    
Line of credit, maximum borrowing capacity $ 100,000,000.0    
Letters of Credit      
Debt Instrument [Line Items]      
Line of credit, maximum borrowing capacity 10,000,000.0    
Revolving Credit Facility      
Debt Instrument [Line Items]      
Line of credit, maximum borrowing capacity $ 50,000,000.0    
v3.25.4
Stock-Based Compensation - Additional Information (Details)
$ in Thousands
 6 Months Ended
Dec. 31, 2025
USD ($)
offering_period
shares
Dec. 31, 2024
USD ($)
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]    
Number of options granted (in shares) | shares 0  
Total intrinsic value of options exercised $ 26,800  
Proceeds from stock option exercises $ 8,134 $ 32,584
Issuance of common stock under employee stock purchase plan (in shares) | shares 59,345  
Stock Awards with Service Condition    
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]    
Service condition earned period 4 years  
Stock Options    
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]    
Share based compensation vesting period 4 years  
Share based compensation expiration period 10 years  
Unvested PSUs and RSUs    
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]    
Unrecognized compensation cost related to unvested stock-based awards granted $ 200,400  
Unrecognized compensation cost related to unvested stock-based awards granted, weighted-average period for recognition 2 years 4 months 24 days  
ESPP    
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]    
Unrecognized compensation cost related to unvested stock-based awards granted, weighted-average period for recognition 4 months 24 days  
Purchase price of common stock lower of fair market value, percent 85.00%  
Terms of award The ESPP provides an offering period that begins on June 1 and December 1 of each year and each offering period consists of one six-month purchase period. During the six months ended December 31, 2025, 59,345 shares were purchased under the ESPP.  
Number of offering period | offering_period 1  
Purchase period 6 months  
Unrecognized compensation costs $ 700  
v3.25.4
Stock-Based Compensation - Summary of Stock Option Activity (Details)
$ / shares in Units, shares in Thousands, $ in Thousands
 6 Months Ended 12 Months Ended
Dec. 31, 2025
USD ($)
$ / shares
shares
Jun. 30, 2025
USD ($)
$ / shares
shares
Number of Options    
Outstanding, Beginning balance (in shares) | shares 2,628  
Exercised (in shares) | shares (822)  
Forfeited/Expired (in shares) | shares (1)  
Outstanding, Ending balance (in shares) | shares 1,805 2,628
Number of Options, Vested and exercisable (in shares) | shares 1,805  
Number of Options, Vested and expected to vest (in shares) | shares 1,805  
Weighted- Average Exercise Price    
Beginning balance (in dollars per share) | $ / shares $ 11.42  
Exercised (in dollars per share) | $ / shares 9.91  
Forfeited/Expired (in dollars per share) | $ / shares 3.99  
Ending balance (in dollars per share) | $ / shares 12.11 $ 11.42
Weighted-Average Exercise Price, Vested and exercisable (in dollars per share) | $ / shares 12.11  
Weighted-Average Exercise Price, Vested and expected to vest (in dollars per share) | $ / shares $ 12.11  
Weighted- Average Remaining Contractual Term (in years)    
Weighted-Average Remaining Contractual Term (in years) 3 years 8 months 12 days 3 years 9 months 18 days
Weighted-Average Remaining Contractual Term, Vested and exercisable (in years) 3 years 8 months 12 days  
Weighted-Average Remaining Contractual Term, Vested and expected to vest (in years) 3 years 8 months 12 days  
Aggregate Intrinsic Value    
Aggregate Intrinsic Value | $ $ 60,829 $ 105,632
Aggregate Intrinsic Value, Vested and exercisable | $ 60,829  
Aggregate Intrinsic Value, Vested and expected to vest | $ $ 60,829  
v3.25.4
Stock-Based Compensation - Schedule of PSU Activity (Details) - PSU
shares in Thousands
 6 Months Ended
Dec. 31, 2025
$ / shares
shares
Number of Shares  
Beginning balance (in shares) | shares 2,010
Granted (in shares) | shares 967
Vested (in shares) | shares (356)
Forfeited (in shares) | shares (176)
Ending balance (in shares) | shares 2,445
Weighted- Average Grant Date Fair Value  
Beginning balance (in dollars per share) | $ / shares $ 37.98
Granted (in dollars per share) | $ / shares 46.47
Vested (in dollars per share) | $ / shares 34.71
Forfeited (in dollars per share) | $ / shares 30.28
Ending balance (in dollars per share) | $ / shares $ 42.36
v3.25.4
Stock-Based Compensation - Schedule of RSU Activity (Details) - RSU
shares in Thousands
 6 Months Ended
Dec. 31, 2025
$ / shares
shares
Number of Shares  
Beginning balance (in shares) | shares 3,306
Granted (in shares) | shares 1,576
Vested (in shares) | shares (773)
Forfeited (in shares) | shares (255)
Ending balance (in shares) | shares 3,854
Weighted- Average Grant Date Fair Value  
Beginning balance (in dollars per share) | $ / shares $ 41.27
Granted (in dollars per share) | $ / shares 42.42
Vested (in dollars per share) | $ / shares 37.02
Forfeited (in dollars per share) | $ / shares 40.39
Ending balance (in dollars per share) | $ / shares $ 42.64
v3.25.4
Stock-Based Compensation - Summary of Stock-Based Compensation Expense (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2025
Dec. 31, 2024
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]        
Total stock-based compensation $ 30,697 $ 25,411 $ 57,984 $ 45,400
Cost of Sales | SaaS        
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]        
Total stock-based compensation 907 851 1,693 1,515
Cost of Sales | License        
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]        
Total stock-based compensation 158 199 335 388
Cost of Sales | Professional services        
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]        
Total stock-based compensation 1,582 1,652 3,007 3,031
Research and development        
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]        
Total stock-based compensation 8,634 6,800 16,621 11,424
Sales and marketing        
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]        
Total stock-based compensation 9,284 7,232 17,177 12,970
General and administrative        
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]        
Total stock-based compensation $ 10,132 $ 8,677 $ 19,151 $ 16,072
v3.25.4
Net Loss Per Share - Computation of Basic and Diluted Net Loss Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2025
Dec. 31, 2024
Numerator:        
Net loss $ (5,934) $ (10,217) $ (20,287) $ (14,737)
Denominator:        
Weighted-average shares used to compute net loss per share, basic (in shares) 81,048 78,118 81,465 76,861
Weighted-average shares used to compute net loss per share, diluted (in shares) 81,048 78,118 81,465 76,861
Net loss per share attributable to common stockholders        
Net loss per share, basic (in dollars per share) $ (0.07) $ (0.13) $ (0.25) $ (0.19)
Net loss per share, diluted (in dollars per share) $ (0.07) $ (0.13) $ (0.25) $ (0.19)
v3.25.4
Net Loss Per Share - Schedule of Anti-dilutive Securities Excluded from Computation of Net Loss Per Share Attributable to Common Stockholders (Details) - shares
shares in Thousands
 6 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]    
Anti-dilutive securities excluded from net loss per share attributable to common stockholders (in shares) 8,175 10,111
Outstanding stock options to purchase common stock    
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]    
Anti-dilutive securities excluded from net loss per share attributable to common stockholders (in shares) 1,805 3,681
Unvested PSUs and RSUs    
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]    
Anti-dilutive securities excluded from net loss per share attributable to common stockholders (in shares) 6,299 6,389
Shares issuable under ESPP    
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]    
Anti-dilutive securities excluded from net loss per share attributable to common stockholders (in shares) 71 41
v3.25.4
Stockholders’ Equity - Additional Information (Details) - USD ($)
$ in Thousands, shares in Millions
 3 Months Ended 6 Months Ended
Aug. 12, 2025
Dec. 31, 2025
Dec. 31, 2025
Jan. 29, 2026
Aug. 07, 2025
Share Repurchase Program [Line Items]          
Common stock repurchase program, authorized amount         $ 150,000
Stock repurchase program, announcement date Aug. 12, 2025        
Stock repurchased and retired during period (in shares)   2.3 3.4    
Repurchases of common stock   $ 100,046 $ 150,068    
Repurchases of common stock, excluding broker fees     150,000    
Share repurchase program, remaining authorized, amount   $ 0 $ 0    
Subsequent Events          
Share Repurchase Program [Line Items]          
Common stock repurchase program, authorized amount       $ 200,000  
v3.25.4
Subsequent Events (Details) - USD ($)
$ in Millions
Jan. 31, 2026
Jan. 29, 2026
Aug. 07, 2025
Subsequent Event [Line Items]      
Common stock repurchase program, authorized amount     $ 150.0
Subsequent Events      
Subsequent Event [Line Items]      
Restructuring and related cost, expected cost $ 5.0    
Common stock repurchase program, authorized amount   $ 200.0