REVENUES (Tables)

12 Months Ended

Jun. 30, 2025

Revenue from Contract with Customer [Abstract]

The following tables disaggregate our revenue by significant geographic area, based on the location of our direct end customer, by type of performance obligation and timing of revenue recognition for the periods indicated:


	Year Ended June 30,
	2025		2024		2023
Total Revenues by Geography:
Americas (1)	$	2,938,709	$	3,341,881	$	2,785,003
EMEA (2)	1,751,543		1,878,470		1,310,016
Asia Pacific (3)	478,153		549,226		389,961
Total revenues	$	5,168,405	$	5,769,577	$	4,484,980

Total Revenues by Type of Performance Obligation:
Recurring revenues (4)
Cloud services and subscriptions revenue	$	1,856,474	$	1,820,524	$	1,700,433
Customer support revenue	2,334,037		2,713,297		1,915,020
Total recurring revenues	$	4,190,511	$	4,533,821	$	3,615,453
License revenue (perpetual, term and subscriptions)	625,614		834,162		539,026
Professional service and other revenue	352,280		401,594		330,501
Total revenues	$	5,168,405	$	5,769,577	$	4,484,980

Total Revenues by Timing of Revenue Recognition:
Point in time	$	625,614	$	834,162	$	539,026
Over time (including professional service and other revenue)	4,542,791		4,935,415		3,945,954
Total revenues	$	5,168,405	$	5,769,577	$	4,484,980

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(1)Americas consists of countries in North, Central and South America.

(2)EMEA consists of countries in Europe, the Middle East and Africa.

(3)Asia Pacific primarily consists of Australia, Japan, Singapore, India and China.

(4)Recurring revenue is defined as the sum of Cloud services and subscriptions revenue and Customer support revenue.

Schedule of Contract Balances

The balance for our contract assets and contract liabilities (i.e., deferred revenues) for the periods indicated below were as follows:


	As of June 30, 2025		As of June 30, 2024
Short-term contract assets	$	77,920	$	66,450
Long-term contract assets	49,293		38,684
Short-term deferred revenues	1,515,382		1,521,416
Long-term deferred revenues	168,757		162,401

Schedule of Incremental Costs of Obtaining a Contract with a Customer

Incremental Costs of Obtaining a Contract with a Customer

Incremental costs of obtaining a contract include only those costs that we incur to obtain a contract that we would not have incurred if the contract had not been obtained, such as sales commissions. The following table summarizes the changes in total capitalized costs to obtain a contract, since June 30, 2022:


Capitalized costs to obtain a contract as of June 30, 2022	$	82,562
New capitalized costs incurred	47,305
Amortization of capitalized costs	(33,269)
Impact of foreign exchange rate changes	609
Capitalized costs to obtain a contract as of June 30, 2023	97,207
New capitalized costs incurred	60,507
Amortization of capitalized costs	(44,016)
Impact of foreign exchange rate changes	(246)
Divestiture of AMC business (Note 19)	(3,964)
Capitalized costs to obtain a contract as of June 30, 2024	109,488
New capitalized costs incurred	60,165
Amortization of capitalized costs	(43,129)
Impact of foreign exchange rate changes	2,502

Capitalized costs to obtain a contract as of June 30, 2025	$	129,026

Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction

The following chart provides RPO information as of the following periods. The 12-month periods noted below are as of the dates presented, with the remaining balances recognized substantially over the next three years thereafter.


($ in billions)	As of June 30, 2025		As of June 30, 2024
Total RPO (1)	$	4.3	$	4.0
% recognized as revenue over the following 12 months	60%		63%
Cloud services and subscriptions RPO	$	2.5	$	2.2
% recognized as revenue over the following 12 months	49%		51%
Customer support and other RPO (2)	$	1.8	$	1.8
% recognized as revenue over the following 12 months	76%		78%

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(1)RPO amounts presented may be impacted by certain estimates including currency fluctuations, estimates of customers’ deployment of contracted solutions, changes in the scope or termination of contracts, among other factors, and are therefore subject to change.

(2)Customer support and other RPO is primarily comprised of obligations related to customer support revenues, and to a lesser extent license, professional services and other revenues.