Quarterly report [Sections 13 or 15(d)]

REVENUE (Tables)

v3.25.4
REVENUE (Tables)
 6 Months Ended
Dec. 31, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Contract Balances
The following table represents the opening and closing balances of accounts receivable, net, contract assets and contract liabilities as of the indicated dates.
As of As of
(Dollar amounts in thousands) December 31, 2025 June 30, 2025 $ Change % Change
Accounts receivable, net $ 2,073,581  $ 2,263,915  $ (190,334) (8) %
Contract assets $ 93,117  $ 105,081  $ (11,964) (11) %
Contract liabilities $ 1,727,891  $ 1,713,689  $ 14,202  1  %
Schedule of Contract Liabilities Expected Timing of Recognition
The following table represents the transaction price for contracts that have not yet been recognized as revenue as of December 31, 2025, which equals our contract liabilities, and when the Company expects to recognize the amounts as revenue:
(Dollar amounts in thousands) Less than 12 months 12 to 24 months 24 months or greater Total
Contract liabilities $ 1,457,342  $ 183,822  $ 86,727  $1,727,891