v3.25.3
Unaudited condensed consolidated balance sheets - USD ($)
$ in Thousands
Sep. 26, 2025
Mar. 31, 2025
Current assets:    
Cash and cash equivalents $ 845,342 $ 766,103
Accounts receivable, net of allowance of $2,184 and $1,472, respectively 549,216 472,462
Contract assets 425,338 405,890
Inventories 221,155 209,432
Section 45X credit receivable 244,483 215,616
Other current assets 153,141 88,483
Total current assets 2,438,675 2,157,986
Property and equipment, net 84,928 60,395
Goodwill 473,667 371,018
Other intangible assets, net 81,716 53,241
Deferred tax assets 513,745 498,778
Other assets 76,158 51,098
Total assets 3,668,889 3,192,516
Current liabilities:    
Accounts payable 553,608 585,299
Accrued expenses 103,573 97,000
Deferred revenue 372,348 247,127
Other current liabilities 90,277 104,086
Total current liabilities 1,119,806 1,033,512
Tax receivable agreement (TRA) liability 372,460 394,879
Long-term deferred revenue 98,882 96,635
Other liabilities 92,043 39,360
Total liabilities 1,683,191 1,564,386
Commitments and contingencies (Note 8)
Stockholders’ equity:    
Additional paid-in-capital 4,239,786 4,185,823
Accumulated deficit (2,253,366) (2,557,410)
Accumulated other comprehensive loss (737) (298)
Total stockholders’ equity 1,985,698 1,628,130
Total liabilities and stockholders’ equity 3,668,889 3,192,516
Common Class A    
Stockholders’ equity:    
Class of common stock, price par value, shares authorized, issued and outstanding $ 15 $ 15