{"meta":{"as_of":"2026-09-19","revision":4,"skeleton":false,"compiled_at":"2026-09-19T19:41:03.086510+00:00","extract_url":null,"extract_form":null,"authored_hash":"fd41b7e521fb17e80b764c0e3bfa7ab2","extract_filed":null,"extract_source":"authored","generated_hash":"62376047929b2c99f2e18a6417f6cfd6","research_stage":"operating_scenarios","business_authored":true,"extract_accession":null,"research_reviewed_at":"2026-09-19"},"model":{"entity":"GITLAB INC.","source":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","quarters":[{"cfo":{"value":-177028000.0,"provenance":{"form":"10-Q","class":"derived","filed":"2025-12-03","concept":"NetCashProvidedByUsedInOperatingActivities","accession":"0001628280-25-054840","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"fcf":{"value":-178085000.0,"provenance":{"form":"10-Q","class":"derived","filed":"2025-12-03","concept":"NetCashProvidedByUsedInOperatingActivities - PaymentsToAcquirePropertyPlantAndEquipment","accession":"0001628280-25-054840","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"cash":{"value":176632000.0,"provenance":{"form":"10-Q","class":"reported","filed":"2024-12-06","concept":"CashAndCashEquivalentsAtCarryingValue","accession":"0001628280-24-050129","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"capex":{"value":1057000.0,"provenance":{"form":"10-Q","class":"derived","filed":"2025-12-03","concept":"PaymentsToAcquirePropertyPlantAndEquipment","accession":"0001628280-25-054840","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"revenue":{"value":196047000.0,"provenance":{"form":"10-Q","class":"reported","filed":"2025-12-03","concept":"RevenueFromContractWithCustomerExcludingAssessedTax","accession":"0001628280-25-054840","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"net_income":{"value":29103000.0,"provenance":{"form":"10-Q","class":"reported","filed":"2025-12-03","concept":"NetIncomeLoss","accession":"0001628280-25-054840","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"period_end":"2024-10-31","eps_diluted":{"value":0.17,"provenance":{"form":"10-Q","class":"reported","filed":"2025-12-03","concept":"EarningsPerShareDiluted","accession":"0001628280-25-054840","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"fiscal_label":"2025Q3","gross_profit":{"value":173922000.0,"provenance":{"form":"10-Q","class":"reported","filed":"2025-12-03","concept":"GrossProfit","accession":"0001628280-25-054840","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"debt_long_term":null,"shares_diluted":{"value":167436000.0,"provenance":{"form":"10-Q","class":"reported","filed":"2025-12-03","concept":"WeightedAverageNumberOfDilutedSharesOutstanding","accession":"0001628280-25-054840","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"operating_income":{"value":-28732000.0,"provenance":{"form":"10-Q","class":"reported","filed":"2025-12-03","concept":"OperatingIncomeLoss","accession":"0001628280-25-054840","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}}},{"cfo":{"value":63222000.0,"provenance":{"form":"10-K","class":"derived","filed":"2026-03-17","concept":"NetCashProvidedByUsedInOperatingActivities","accession":"0001628280-26-018731","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"fcf":{"value":62065000.0,"provenance":{"form":"10-K","class":"derived","filed":"2026-03-17","concept":"NetCashProvidedByUsedInOperatingActivities - PaymentsToAcquirePropertyPlantAndEquipment","accession":"0001628280-26-018731","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"cash":{"value":227649000.0,"provenance":{"form":"10-K","class":"reported","filed":"2026-03-17","concept":"CashAndCashEquivalentsAtCarryingValue","accession":"0001628280-26-018731","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"capex":{"value":1157000.0,"provenance":{"form":"10-K","class":"derived","filed":"2026-03-17","concept":"PaymentsToAcquirePropertyPlantAndEquipment","accession":"0001628280-26-018731","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"revenue":{"value":211431000.0,"provenance":{"form":"10-K","class":"derived","filed":"2026-03-17","concept":"RevenueFromContractWithCustomerExcludingAssessedTax","accession":"0001628280-26-018731","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"net_income":{"value":6892000.0,"provenance":{"form":"10-K","class":"derived","filed":"2026-03-17","concept":"NetIncomeLoss","accession":"0001628280-26-018731","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"period_end":"2025-01-31","eps_diluted":null,"fiscal_label":"2025Q4","gross_profit":{"value":188562000.0,"provenance":{"form":"10-K","class":"derived","filed":"2026-03-17","concept":"GrossProfit","accession":"0001628280-26-018731","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"debt_long_term":null,"shares_diluted":null,"operating_income":{"value":-19338000.0,"provenance":{"form":"10-K","class":"derived","filed":"2026-03-17","concept":"OperatingIncomeLoss","accession":"0001628280-26-018731","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}}},{"cfo":{"value":106302000.0,"provenance":{"form":"10-Q","class":"reported","filed":"2026-06-02","concept":"NetCashProvidedByUsedInOperatingActivities","accession":"0001628280-26-039793","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"fcf":{"value":105390000.0,"provenance":{"form":"10-Q","class":"derived","filed":"2026-06-02","concept":"NetCashProvidedByUsedInOperatingActivities - PaymentsToAcquirePropertyPlantAndEquipment","accession":"0001628280-26-039793","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"cash":{"value":255719000.0,"provenance":{"form":"10-Q","class":"reported","filed":"2025-06-11","concept":"CashAndCashEquivalentsAtCarryingValue","accession":"0001628280-25-030546","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"capex":{"value":912000.0,"provenance":{"form":"10-Q","class":"reported","filed":"2026-06-02","concept":"PaymentsToAcquirePropertyPlantAndEquipment","accession":"0001628280-26-039793","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"revenue":{"value":214509000.0,"provenance":{"form":"10-Q","class":"reported","filed":"2026-06-02","concept":"RevenueFromContractWithCustomerExcludingAssessedTax","accession":"0001628280-26-039793","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"net_income":{"value":-35875000.0,"provenance":{"form":"10-Q","class":"reported","filed":"2026-06-02","concept":"NetIncomeLoss","accession":"0001628280-26-039793","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"period_end":"2025-04-30","eps_diluted":{"value":-0.22,"provenance":{"form":"10-Q","class":"reported","filed":"2026-06-02","concept":"EarningsPerShareDiluted","accession":"0001628280-26-039793","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"fiscal_label":"2026Q1","gross_profit":{"value":189474000.0,"provenance":{"form":"10-Q","class":"reported","filed":"2026-06-02","concept":"GrossProfit","accession":"0001628280-26-039793","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"debt_long_term":null,"shares_diluted":{"value":164491000.0,"provenance":{"form":"10-Q","class":"reported","filed":"2026-06-02","concept":"WeightedAverageNumberOfDilutedSharesOutstanding","accession":"0001628280-26-039793","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"operating_income":{"value":-34610000.0,"provenance":{"form":"10-Q","class":"reported","filed":"2026-06-02","concept":"OperatingIncomeLoss","accession":"0001628280-26-039793","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}}},{"cfo":{"value":49369000.0,"provenance":{"form":"10-Q","class":"derived","filed":"2026-09-02","concept":"NetCashProvidedByUsedInOperatingActivities","accession":"0001628280-26-059943","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"fcf":{"value":46465000.0,"provenance":{"form":"10-Q","class":"derived","filed":"2026-09-02","concept":"NetCashProvidedByUsedInOperatingActivities - PaymentsToAcquirePropertyPlantAndEquipment","accession":"0001628280-26-059943","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"cash":{"value":261371000.0,"provenance":{"form":"10-Q","class":"reported","filed":"2025-09-04","concept":"CashAndCashEquivalentsAtCarryingValue","accession":"0001653482-25-000010","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"capex":{"value":2904000.0,"provenance":{"form":"10-Q","class":"derived","filed":"2026-09-02","concept":"PaymentsToAcquirePropertyPlantAndEquipment","accession":"0001628280-26-059943","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"revenue":{"value":235960000.0,"provenance":{"form":"10-Q","class":"reported","filed":"2026-09-02","concept":"RevenueFromContractWithCustomerExcludingAssessedTax","accession":"0001628280-26-059943","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"net_income":{"value":-9208000.0,"provenance":{"form":"10-Q","class":"reported","filed":"2026-09-02","concept":"NetIncomeLoss","accession":"0001628280-26-059943","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"period_end":"2025-07-31","eps_diluted":{"value":-0.06,"provenance":{"form":"10-Q","class":"reported","filed":"2026-09-02","concept":"EarningsPerShareDiluted","accession":"0001628280-26-059943","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"fiscal_label":"2026Q2","gross_profit":{"value":207455000.0,"provenance":{"form":"10-Q","class":"reported","filed":"2026-09-02","concept":"GrossProfit","accession":"0001628280-26-059943","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"debt_long_term":null,"shares_diluted":{"value":165953000.0,"provenance":{"form":"10-Q","class":"reported","filed":"2026-09-02","concept":"WeightedAverageNumberOfDilutedSharesOutstanding","accession":"0001628280-26-059943","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"operating_income":{"value":-18351000.0,"provenance":{"form":"10-Q","class":"reported","filed":"2026-09-02","concept":"OperatingIncomeLoss","accession":"0001628280-26-059943","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}}},{"cfo":{"value":31428000.0,"provenance":{"form":"10-Q","class":"derived","filed":"2025-12-03","concept":"NetCashProvidedByUsedInOperatingActivities","accession":"0001628280-25-054840","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"fcf":{"value":28390000.0,"provenance":{"form":"10-Q","class":"derived","filed":"2025-12-03","concept":"NetCashProvidedByUsedInOperatingActivities - PaymentsToAcquirePropertyPlantAndEquipment","accession":"0001628280-25-054840","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"cash":{"value":224231000.0,"provenance":{"form":"10-Q","class":"reported","filed":"2025-12-03","concept":"CashAndCashEquivalentsAtCarryingValue","accession":"0001628280-25-054840","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"capex":{"value":3038000.0,"provenance":{"form":"10-Q","class":"derived","filed":"2025-12-03","concept":"PaymentsToAcquirePropertyPlantAndEquipment","accession":"0001628280-25-054840","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"revenue":{"value":244353000.0,"provenance":{"form":"10-Q","class":"reported","filed":"2025-12-03","concept":"RevenueFromContractWithCustomerExcludingAssessedTax","accession":"0001628280-25-054840","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"net_income":{"value":-8276000.0,"provenance":{"form":"10-Q","class":"reported","filed":"2025-12-03","concept":"NetIncomeLoss","accession":"0001628280-25-054840","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"period_end":"2025-10-31","eps_diluted":{"value":-0.05,"provenance":{"form":"10-Q","class":"reported","filed":"2025-12-03","concept":"EarningsPerShareDiluted","accession":"0001628280-25-054840","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"fiscal_label":"2026Q3","gross_profit":{"value":212132000.0,"provenance":{"form":"10-Q","class":"reported","filed":"2025-12-03","concept":"GrossProfit","accession":"0001628280-25-054840","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"debt_long_term":null,"shares_diluted":{"value":167407000.0,"provenance":{"form":"10-Q","class":"reported","filed":"2025-12-03","concept":"WeightedAverageNumberOfDilutedSharesOutstanding","accession":"0001628280-25-054840","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"operating_income":{"value":-12356000.0,"provenance":{"form":"10-Q","class":"reported","filed":"2025-12-03","concept":"OperatingIncomeLoss","accession":"0001628280-25-054840","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}}},{"cfo":{"value":45757000.0,"provenance":{"form":"10-K","class":"derived","filed":"2026-03-17","concept":"NetCashProvidedByUsedInOperatingActivities","accession":"0001628280-26-018731","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"fcf":{"value":41784000.0,"provenance":{"form":"10-K","class":"derived","filed":"2026-03-17","concept":"NetCashProvidedByUsedInOperatingActivities - PaymentsToAcquirePropertyPlantAndEquipment","accession":"0001628280-26-018731","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"cash":{"value":229576000.0,"provenance":{"form":"10-Q","class":"reported","filed":"2026-09-02","concept":"CashAndCashEquivalentsAtCarryingValue","accession":"0001628280-26-059943","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"capex":{"value":3973000.0,"provenance":{"form":"10-K","class":"derived","filed":"2026-03-17","concept":"PaymentsToAcquirePropertyPlantAndEquipment","accession":"0001628280-26-018731","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"revenue":{"value":260402000.0,"provenance":{"form":"10-K","class":"derived","filed":"2026-03-17","concept":"RevenueFromContractWithCustomerExcludingAssessedTax","accession":"0001628280-26-018731","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"net_income":{"value":-2597000.0,"provenance":{"form":"10-K","class":"derived","filed":"2026-03-17","concept":"NetIncomeLoss","accession":"0001628280-26-018731","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"period_end":"2026-01-31","eps_diluted":null,"fiscal_label":"2026Q4","gross_profit":{"value":225420000.0,"provenance":{"form":"10-K","class":"derived","filed":"2026-03-17","concept":"GrossProfit","accession":"0001628280-26-018731","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"debt_long_term":null,"shares_diluted":null,"operating_income":{"value":-5164000.0,"provenance":{"form":"10-K","class":"derived","filed":"2026-03-17","concept":"OperatingIncomeLoss","accession":"0001628280-26-018731","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}}},{"cfo":{"value":149197000.0,"provenance":{"form":"10-Q","class":"reported","filed":"2026-06-02","concept":"NetCashProvidedByUsedInOperatingActivities","accession":"0001628280-26-039793","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"fcf":{"value":146804000.0,"provenance":{"form":"10-Q","class":"derived","filed":"2026-06-02","concept":"NetCashProvidedByUsedInOperatingActivities - PaymentsToAcquirePropertyPlantAndEquipment","accession":"0001628280-26-039793","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"cash":{"value":335395000.0,"provenance":{"form":"10-Q","class":"reported","filed":"2026-06-02","concept":"CashAndCashEquivalentsAtCarryingValue","accession":"0001628280-26-039793","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"capex":{"value":2393000.0,"provenance":{"form":"10-Q","class":"reported","filed":"2026-06-02","concept":"PaymentsToAcquirePropertyPlantAndEquipment","accession":"0001628280-26-039793","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"revenue":{"value":264158000.0,"provenance":{"form":"10-Q","class":"reported","filed":"2026-06-02","concept":"RevenueFromContractWithCustomerExcludingAssessedTax","accession":"0001628280-26-039793","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"net_income":{"value":-4972000.0,"provenance":{"form":"10-Q","class":"reported","filed":"2026-06-02","concept":"NetIncomeLoss","accession":"0001628280-26-039793","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"period_end":"2026-04-30","eps_diluted":{"value":-0.03,"provenance":{"form":"10-Q","class":"reported","filed":"2026-06-02","concept":"EarningsPerShareDiluted","accession":"0001628280-26-039793","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"fiscal_label":"2027Q1","gross_profit":{"value":226670000.0,"provenance":{"form":"10-Q","class":"reported","filed":"2026-06-02","concept":"GrossProfit","accession":"0001628280-26-039793","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"debt_long_term":null,"shares_diluted":{"value":169948000.0,"provenance":{"form":"10-Q","class":"reported","filed":"2026-06-02","concept":"WeightedAverageNumberOfDilutedSharesOutstanding","accession":"0001628280-26-039793","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"operating_income":{"value":-15749000.0,"provenance":{"form":"10-Q","class":"reported","filed":"2026-06-02","concept":"OperatingIncomeLoss","accession":"0001628280-26-039793","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}}},{"cfo":{"value":-3092000.0,"provenance":{"form":"10-Q","class":"derived","filed":"2026-09-02","concept":"NetCashProvidedByUsedInOperatingActivities","accession":"0001628280-26-059943","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"fcf":{"value":-3305000.0,"provenance":{"form":"10-Q","class":"derived","filed":"2026-09-02","concept":"NetCashProvidedByUsedInOperatingActivities - PaymentsToAcquirePropertyPlantAndEquipment","accession":"0001628280-26-059943","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"cash":{"value":226491000.0,"provenance":{"form":"10-Q","class":"reported","filed":"2026-09-02","concept":"CashAndCashEquivalentsAtCarryingValue","accession":"0001628280-26-059943","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"capex":{"value":213000.0,"provenance":{"form":"10-Q","class":"derived","filed":"2026-09-02","concept":"PaymentsToAcquirePropertyPlantAndEquipment","accession":"0001628280-26-059943","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"revenue":{"value":286254000.0,"provenance":{"form":"10-Q","class":"reported","filed":"2026-09-02","concept":"RevenueFromContractWithCustomerExcludingAssessedTax","accession":"0001628280-26-059943","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"net_income":{"value":-36844000.0,"provenance":{"form":"10-Q","class":"reported","filed":"2026-09-02","concept":"NetIncomeLoss","accession":"0001628280-26-059943","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"period_end":"2026-07-31","eps_diluted":{"value":-0.22,"provenance":{"form":"10-Q","class":"reported","filed":"2026-09-02","concept":"EarningsPerShareDiluted","accession":"0001628280-26-059943","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"fiscal_label":"2027Q2","gross_profit":{"value":240616000.0,"provenance":{"form":"10-Q","class":"reported","filed":"2026-09-02","concept":"GrossProfit","accession":"0001628280-26-059943","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"debt_long_term":null,"shares_diluted":{"value":168703000.0,"provenance":{"form":"10-Q","class":"reported","filed":"2026-09-02","concept":"WeightedAverageNumberOfDilutedSharesOutstanding","accession":"0001628280-26-059943","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}},"operating_income":{"value":-56935000.0,"provenance":{"form":"10-Q","class":"reported","filed":"2026-09-02","concept":"OperatingIncomeLoss","accession":"0001628280-26-059943","source_url":"https://data.sec.gov/api/xbrl/companyfacts/CIK0001653482.json","retrieved_at":"2026-09-19T19:41:02+00:00","reviewed_through":null}}}],"retrieved_at":"2026-09-19T19:41:02+00:00"},"notes":[],"memory":{"as_of":"2026-09-18","bands":{"1d":{"p10":-6.945,"p50":-0.157,"p90":6.138,"p_up":0.48},"5d":{"p10":-14.801,"p50":-1.203,"p90":12.767,"p_up":0.427},"10d":{"p10":-18.759,"p50":-1.378,"p90":18.484,"p_up":0.437}},"state":"up/above/off/clear/ordinary/weak/some","reason":null,"coverage":"ok","analogs_n":300,"disclaimer":"Historical distributions of what followed similar states, measured before today's news. Not a forecast; no side."},"schema":"company_file.v1","thesis":{"view":"Q2 bookings and net ARR commentary strengthened, but the near-term revenue guide is still $281M-$283M after $286.254M reported Q2 sales. The model therefore follows revenue recognition rather than equating bookings growth with immediate sales. GAAP operating loss includes equity compensation and restructuring. Q2 company adjusted FCF was positive, while unadjusted CFO less capex was negative; both definitions need to remain visible.","scenario_ranges":"Explicit downside/base/upside business assumptions; not price targets, probabilities or historical market-memory bands.","what_changes_it":"Watch whether 117% dollar-based net retention and the stronger bookings translate into revenue while gross margin stabilizes. Reconcile the restructuring plan, special tax cash flows and buybacks before treating adjusted cash as funds retained."},"no_side":true,"sources":[{"url":"https://www.sec.gov/Archives/edgar/data/1653482/000162828026059820/gitlab-ex99120260731fy27.htm","title":"September 1 fiscal Q2 results, guidance and non-GAAP reconciliations","retrieved":"2026-09-19"},{"url":"https://www.sec.gov/Archives/edgar/data/1653482/000162828026059943/gtlb-20260731.htm","title":"September 2 Form 10-Q: restructuring, JiHu, taxes and cash","retrieved":"2026-09-19"}],"business":{"drivers":["Bookings and retention converting into recognized revenue","AI usage, hosting costs and subscription economics","Restructuring, equity compensation and unadjusted cash"],"description":"GitLab sells a DevSecOps platform spanning software planning, development, security and deployment. Customers use self-managed software or hosted services, with subscriptions, licenses and emerging usage credits. Seats, expansion, retention and product adoption drive revenue, while hosting costs, sales commissions, engineering and equity compensation shape margins and cash. JiHu, the China joint venture, remains consolidated."},"earnings":{"source":"estimated from 10-Q filed 2026-09-02 plus 90 days","next_report_date":"2026-12-01"},"identity":{"cik":1653482,"sic":"7372","name":"Gitlab Inc.","symbol":"GTLB","cluster":"Software & internet","exchange":"Nasdaq"},"research":{"risks":["AI and usage-based packaging may change pricing and hosting economics.","Bookings, RPO and revenue are recognized on different schedules.","Restructuring can disrupt product execution and customer support.","SBC remains material and differs from cash compensation.","JiHu and BAPA tax items can distort quarterly cash comparisons.","Large buybacks can consume operating cash without reducing shares proportionally."],"title":"Bookings strength with a restructuring and cash-definition bridge","question":"Can bookings and AI usage convert into durable revenue and cash after the restructuring?","economics":"H1 revenue was $550.412M, GAAP operating loss $72.684M and non-GAAP operating income $80.100M. The difference includes $125.067M SBC and $19.422M non-SBC restructuring; total restructuring was $23.286M including $3.864M already in SBC. The plan targets $30M-$35M total charges and roughly 14% of the workforce, with retention costs extending into FY2028. Q2 CFO of negative $3.092M less $0.213M capex was negative $3.305M. Company adjusted FCF of $9.750M adds back $14.036M JiHu formation cash and removes $0.981M BAPA refunds. H1 raw FCF was $143.499M versus $156.477M adjusted, before $154.685M repurchases. July cash and investments of $1,256.986M include $39.056M JiHu cash. RPO and bookings are demand references, not extra modeled sales.","change_note":"First sourced software model with guidance-to-GAAP reconciliation, commission cash and raw versus adjusted FCF.","checkpoints":[{"event":"Revenue and gross-margin conversion","watch":"Compare $281M-$283M revenue guidance with retention, bookings and hosting costs.","timing":"Q3 FY2027 ends October 31, 2026","date_status":"estimated"},{"event":"Restructuring completion","watch":"Track total charges versus $30M-$35M and avoid counting restructuring SBC twice.","timing":"FY2027 separations; retention into FY2028","date_status":"estimated"},{"event":"Cash retained","watch":"Separate raw FCF, JiHu/BAPA adjustments and repurchase cash.","timing":"Every filing","date_status":"estimated"}],"countercase":"AI features can increase usage and engagement while lowering gross margin or changing seat economics. Workforce reductions can impair delivery, and bookings can convert more slowly than expected. Adjusted profit and cash can improve while dilution and actual payments limit per-share value.","limitations":["Bookings, RPO and net ARR growth are leading indicators, not additional revenue. The model does not invent AI product revenue or assume seats and usage credits have identical economics.","Forecast GAAP gross margin is an independent desk assumption. Non-GAAP operating guidance is reconciled to GAAP with explicitly estimated excluded expenses, not claimed as GAAP company guidance.","Restructuring stock compensation is included within total SBC; only non-SBC restructuring is deducted again. Total H1 restructuring was $23.286M, including $3.864M SBC.","JiHu remains consolidated at approximately 54% ownership. The model forecasts consolidated operating/cash outcomes, not parent EPS or a liquidation value of joint-venture cash.","Company adjusted FCF adds back JiHu formation payments and removes BAPA refunds. Raw FCF retains both. No additional JiHu settlement or BAPA refund is assumed after H1.","Cash taxes, commission capitalization and working capital are simplified. Future buybacks, acquisitions, financing and share-count changes are outside FCF and no forward EPS is published."],"reviewed_at":"2026-09-19"},"estimates":{"rows":[{"eps":null,"as_of":"2026-09-19","basis":"Desk base scenario. Revenue basis: Consolidated revenue ($M). Calculated from the operating-model inputs below; not consensus or company guidance.","class":"estimate","period":"2027Q3","revenue":282000000.0},{"eps":null,"as_of":"2026-09-19","basis":"Desk base scenario. Revenue basis: Consolidated revenue ($M). Calculated from the operating-model inputs below; not consensus or company guidance.","class":"estimate","period":"2027Q4","revenue":298587999.99999994},{"eps":null,"as_of":"2026-09-19","basis":"Desk base scenario. Revenue basis: Consolidated revenue ($M). Calculated from the operating-model inputs below; not consensus or company guidance.","class":"estimate","period":"2028Q1","revenue":318942000.0},{"eps":null,"as_of":"2026-09-19","basis":"Desk base scenario. Revenue basis: Consolidated revenue ($M). Calculated from the operating-model inputs below; not consensus or company guidance.","class":"estimate","period":"2028Q2","revenue":332514000.0}],"basis":"Desk base scenario from the operating model; not consensus. Revenue basis: Consolidated revenue ($M).","consensus":null,"revisions":[]},"scorecard":{"inside_5d":null,"notes_scored":0,"band_coverage_5d":null},"disclosure":"All positions in the Research Model Portfolio are simulated. No real money is invested in this model. Our research is free and is not tailored to any reader's financial circumstances.","operating_model":{"cells":[{"id":"h1_revenue","case":"shared","kind":"reported","unit":"USD_millions","basis":"Reported consolidated amount, converted from thousands to millions.","label":"H1 revenue","value":550.412,"period":"H1 FY2027","formula":null,"source_url":"https://www.sec.gov/Archives/edgar/data/1653482/000162828026059943/gtlb-20260731.htm","source_date":"2026-09-02"},{"id":"h1_gross_profit","case":"shared","kind":"reported","unit":"USD_millions","basis":"Reported consolidated amount, converted from thousands to millions.","label":"H1 gross profit","value":467.286,"period":"H1 FY2027","formula":null,"source_url":"https://www.sec.gov/Archives/edgar/data/1653482/000162828026059943/gtlb-20260731.htm","source_date":"2026-09-02"},{"id":"h1_adjusted_operating_income","case":"shared","kind":"reported","unit":"USD_millions","basis":"Reported consolidated amount, converted from thousands to millions.","label":"H1 adjusted operating income","value":80.1,"period":"H1 FY2027","formula":null,"source_url":"https://www.sec.gov/Archives/edgar/data/1653482/000162828026059820/gitlab-ex99120260731fy27.htm","source_date":"2026-09-01"},{"id":"h1_operating_income","case":"shared","kind":"reported","unit":"USD_millions","basis":"Reported consolidated amount, converted from thousands to millions.","label":"H1 operating income","value":-72.684,"period":"H1 FY2027","formula":null,"source_url":"https://www.sec.gov/Archives/edgar/data/1653482/000162828026059943/gtlb-20260731.htm","source_date":"2026-09-02"},{"id":"h1_cfo","case":"shared","kind":"reported","unit":"USD_millions","basis":"Reported consolidated amount, converted from thousands to millions.","label":"H1 cfo","value":146.105,"period":"H1 FY2027","formula":null,"source_url":"https://www.sec.gov/Archives/edgar/data/1653482/000162828026059943/gtlb-20260731.htm","source_date":"2026-09-02"},{"id":"h1_capex","case":"shared","kind":"reported","unit":"USD_millions","basis":"Reported consolidated amount, converted from thousands to millions.","label":"H1 capex","value":2.606,"period":"H1 FY2027","formula":null,"source_url":"https://www.sec.gov/Archives/edgar/data/1653482/000162828026059943/gtlb-20260731.htm","source_date":"2026-09-02"},{"id":"h1_sbc","case":"shared","kind":"reported","unit":"USD_millions","basis":"Reported consolidated amount, converted from thousands to millions.","label":"H1 sbc","value":125.067,"period":"H1 FY2027","formula":null,"source_url":"https://www.sec.gov/Archives/edgar/data/1653482/000162828026059943/gtlb-20260731.htm","source_date":"2026-09-02"},{"id":"h1_restructuring","case":"shared","kind":"reported","unit":"USD_millions","basis":"Reported consolidated amount, converted from thousands to millions.","label":"H1 restructuring","value":23.286,"period":"H1 FY2027","formula":null,"source_url":"https://www.sec.gov/Archives/edgar/data/1653482/000162828026059943/gtlb-20260731.htm","source_date":"2026-09-02"},{"id":"h1_restructuring_sbc","case":"shared","kind":"reported","unit":"USD_millions","basis":"Reported consolidated amount, converted from thousands to millions.","label":"H1 restructuring sbc","value":3.864,"period":"H1 FY2027","formula":null,"source_url":"https://www.sec.gov/Archives/edgar/data/1653482/000162828026059943/gtlb-20260731.htm","source_date":"2026-09-02"},{"id":"h1_jihu_cash","case":"shared","kind":"reported","unit":"USD_millions","basis":"Reported consolidated amount, converted from thousands to millions.","label":"H1 jihu cash","value":14.036,"period":"H1 FY2027","formula":null,"source_url":"https://www.sec.gov/Archives/edgar/data/1653482/000162828026059820/gitlab-ex99120260731fy27.htm","source_date":"2026-09-01"},{"id":"h1_bapa_refund","case":"shared","kind":"reported","unit":"USD_millions","basis":"Reported consolidated amount, converted from thousands to millions.","label":"H1 bapa refund","value":1.058,"period":"H1 FY2027","formula":null,"source_url":"https://www.sec.gov/Archives/edgar/data/1653482/000162828026059820/gitlab-ex99120260731fy27.htm","source_date":"2026-09-01"},{"id":"h1_commission_amort","case":"shared","kind":"reported","unit":"USD_millions","basis":"Reported consolidated amount, converted from thousands to millions.","label":"H1 commission amort","value":23.504,"period":"H1 FY2027","formula":null,"source_url":"https://www.sec.gov/Archives/edgar/data/1653482/000162828026059943/gtlb-20260731.htm","source_date":"2026-09-02"},{"id":"h1_commission_cash","case":"shared","kind":"reported","unit":"USD_millions","basis":"Reported consolidated amount, converted from thousands to millions.","label":"H1 commission cash","value":24.747,"period":"H1 FY2027","formula":null,"source_url":"https://www.sec.gov/Archives/edgar/data/1653482/000162828026059943/gtlb-20260731.htm","source_date":"2026-09-02"},{"id":"h1_buybacks","case":"shared","kind":"reported","unit":"USD_millions","basis":"Reported consolidated amount, converted from thousands to millions.","label":"H1 buybacks","value":154.685,"period":"H1 FY2027","formula":null,"source_url":"https://www.sec.gov/Archives/edgar/data/1653482/000162828026059943/gtlb-20260731.htm","source_date":"2026-09-02"},{"id":"h1_fcf","case":"shared","kind":"derived","unit":"USD_millions","basis":"Retains actual JiHu settlement payments and BAPA refunds.","label":"H1 unadjusted cash after capex","value":143.499,"period":"H1 FY2027","formula":{"op":"subtract","refs":["h1_cfo","h1_capex"]},"source_url":null,"source_date":null},{"id":"h1_adjusted_fcf_before_refund","case":"shared","kind":"derived","unit":"USD_millions","basis":"Intermediate in company adjusted definition.","label":"H1 cash with JiHu payment added back","value":157.535,"period":"H1 FY2027","formula":{"op":"sum","refs":["h1_fcf","h1_jihu_cash"]},"source_url":null,"source_date":null},{"id":"h1_adjusted_fcf","case":"shared","kind":"derived","unit":"USD_millions","basis":"Removes BAPA refunds; adjusted amount is not cash remaining after actual payments.","label":"H1 company adjusted FCF","value":156.477,"period":"H1 FY2027","formula":{"op":"subtract","refs":["h1_adjusted_fcf_before_refund","h1_bapa_refund"]},"source_url":null,"source_date":null},{"id":"q2_cfo","case":"shared","kind":"reported","unit":"USD_millions","basis":"Reported millions. Total RPO is rounded; JiHu cash is included in consolidated cash and is not extra parent liquidity.","label":"q2 cfo","value":-3.092,"period":"2027Q2","formula":null,"source_url":"https://www.sec.gov/Archives/edgar/data/1653482/000162828026059820/gitlab-ex99120260731fy27.htm","source_date":"2026-09-01"},{"id":"q2_capex","case":"shared","kind":"reported","unit":"USD_millions","basis":"Reported millions. Total RPO is rounded; JiHu cash is included in consolidated cash and is not extra parent liquidity.","label":"q2 capex","value":0.213,"period":"2027Q2","formula":null,"source_url":"https://www.sec.gov/Archives/edgar/data/1653482/000162828026059820/gitlab-ex99120260731fy27.htm","source_date":"2026-09-01"},{"id":"q2_adjusted_fcf","case":"shared","kind":"reported","unit":"USD_millions","basis":"Reported millions. Total RPO is rounded; JiHu cash is included in consolidated cash and is not extra parent liquidity.","label":"q2 adjusted fcf","value":9.75,"period":"2027Q2","formula":null,"source_url":"https://www.sec.gov/Archives/edgar/data/1653482/000162828026059820/gitlab-ex99120260731fy27.htm","source_date":"2026-09-01"},{"id":"liquidity","case":"shared","kind":"reported","unit":"USD_millions","basis":"Reported millions. Total RPO is rounded; JiHu cash is included in consolidated cash and is not extra parent liquidity.","label":"liquidity","value":1256.986,"period":"2027Q2","formula":null,"source_url":"https://www.sec.gov/Archives/edgar/data/1653482/000162828026059943/gtlb-20260731.htm","source_date":"2026-09-02"},{"id":"jihu_cash_balance","case":"shared","kind":"reported","unit":"USD_millions","basis":"Reported millions. Total RPO is rounded; JiHu cash is included in consolidated cash and is not extra parent liquidity.","label":"jihu cash balance","value":39.056,"period":"2027Q2","formula":null,"source_url":"https://www.sec.gov/Archives/edgar/data/1653482/000162828026059943/gtlb-20260731.htm","source_date":"2026-09-02"},{"id":"current_rpo","case":"shared","kind":"reported","unit":"USD_millions","basis":"Reported millions. Total RPO is rounded; JiHu cash is included in consolidated cash and is not extra parent liquidity.","label":"current rpo","value":744.7,"period":"2027Q2","formula":null,"source_url":"https://www.sec.gov/Archives/edgar/data/1653482/000162828026059820/gitlab-ex99120260731fy27.htm","source_date":"2026-09-01"},{"id":"total_rpo","case":"shared","kind":"reported","unit":"USD_millions","basis":"Reported millions. Total RPO is rounded; JiHu cash is included in consolidated cash and is not extra parent liquidity.","label":"total rpo","value":1200.0,"period":"2027Q2","formula":null,"source_url":"https://www.sec.gov/Archives/edgar/data/1653482/000162828026059820/gitlab-ex99120260731fy27.htm","source_date":"2026-09-01"},{"id":"q2_fcf","case":"shared","kind":"derived","unit":"USD_millions","basis":"Compare with positive $9.750M company adjusted FCF.","label":"Q2 unadjusted cash after capex","value":-3.305,"period":"2027Q2","formula":{"op":"subtract","refs":["q2_cfo","q2_capex"]},"source_url":null,"source_date":null},{"id":"fy27_revenue_guide_low","case":"shared","kind":"management_guidance","unit":"USD_millions","basis":"Company guidance; not a desk forecast.","label":"FY2027 revenue low","value":1129.0,"period":"FY2027","formula":null,"source_url":"https://www.sec.gov/Archives/edgar/data/1653482/000162828026059820/gitlab-ex99120260731fy27.htm","source_date":"2026-09-01"},{"id":"fy27_revenue_guide_high","case":"shared","kind":"management_guidance","unit":"USD_millions","basis":"Company guidance; not a desk forecast.","label":"FY2027 revenue high","value":1133.0,"period":"FY2027","formula":null,"source_url":"https://www.sec.gov/Archives/edgar/data/1653482/000162828026059820/gitlab-ex99120260731fy27.htm","source_date":"2026-09-01"},{"id":"two","case":"shared","kind":"assumption","unit":"ratio","basis":"Arithmetic constant.","label":"Midpoint divisor","value":2.0,"period":"Model","formula":null,"source_url":null,"source_date":null},{"id":"fy27_revenue_guide_sum","case":"shared","kind":"derived","unit":"USD_millions","basis":"Arithmetic intermediate.","label":"FY2027 revenue endpoint sum","value":2262.0,"period":"FY2027","formula":{"op":"sum","refs":["fy27_revenue_guide_low","fy27_revenue_guide_high"]},"source_url":null,"source_date":null},{"id":"fy27_revenue_guide","case":"shared","kind":"derived","unit":"USD_millions","basis":"Calculated midpoint of the company range; not an additional company forecast.","label":"FY2027 revenue midpoint","value":1131.0,"period":"FY2027","formula":{"op":"divide","refs":["fy27_revenue_guide_sum","two"]},"source_url":null,"source_date":null},{"id":"q3_revenue_guide_low","case":"shared","kind":"management_guidance","unit":"USD_millions","basis":"Company guidance; not a desk forecast.","label":"Q3 revenue low","value":281.0,"period":"2027Q3","formula":null,"source_url":"https://www.sec.gov/Archives/edgar/data/1653482/000162828026059820/gitlab-ex99120260731fy27.htm","source_date":"2026-09-01"},{"id":"q3_revenue_guide_high","case":"shared","kind":"management_guidance","unit":"USD_millions","basis":"Company guidance; not a desk forecast.","label":"Q3 revenue high","value":283.0,"period":"2027Q3","formula":null,"source_url":"https://www.sec.gov/Archives/edgar/data/1653482/000162828026059820/gitlab-ex99120260731fy27.htm","source_date":"2026-09-01"},{"id":"q3_revenue_guide_sum","case":"shared","kind":"derived","unit":"USD_millions","basis":"Arithmetic intermediate.","label":"Q3 revenue endpoint sum","value":564.0,"period":"2027Q3","formula":{"op":"sum","refs":["q3_revenue_guide_low","q3_revenue_guide_high"]},"source_url":null,"source_date":null},{"id":"q3_revenue_guide","case":"shared","kind":"derived","unit":"USD_millions","basis":"Calculated midpoint of the company range; not an additional company forecast.","label":"Q3 revenue midpoint","value":282.0,"period":"2027Q3","formula":{"op":"divide","refs":["q3_revenue_guide_sum","two"]},"source_url":null,"source_date":null},{"id":"fy27_op_guide_low","case":"shared","kind":"management_guidance","unit":"USD_millions","basis":"Company guidance; not a desk forecast.","label":"FY2027 non-GAAP operating income low","value":148.0,"period":"FY2027","formula":null,"source_url":"https://www.sec.gov/Archives/edgar/data/1653482/000162828026059820/gitlab-ex99120260731fy27.htm","source_date":"2026-09-01"},{"id":"fy27_op_guide_high","case":"shared","kind":"management_guidance","unit":"USD_millions","basis":"Company guidance; not a desk forecast.","label":"FY2027 non-GAAP operating income high","value":152.0,"period":"FY2027","formula":null,"source_url":"https://www.sec.gov/Archives/edgar/data/1653482/000162828026059820/gitlab-ex99120260731fy27.htm","source_date":"2026-09-01"},{"id":"fy27_op_guide_sum","case":"shared","kind":"derived","unit":"USD_millions","basis":"Arithmetic intermediate.","label":"FY2027 non-GAAP operating income endpoint sum","value":300.0,"period":"FY2027","formula":{"op":"sum","refs":["fy27_op_guide_low","fy27_op_guide_high"]},"source_url":null,"source_date":null},{"id":"fy27_op_guide","case":"shared","kind":"derived","unit":"USD_millions","basis":"Calculated midpoint of the company range; not an additional company forecast.","label":"FY2027 non-GAAP operating income midpoint","value":150.0,"period":"FY2027","formula":{"op":"divide","refs":["fy27_op_guide_sum","two"]},"source_url":null,"source_date":null},{"id":"q3_op_guide_low","case":"shared","kind":"management_guidance","unit":"USD_millions","basis":"Company guidance; not a desk forecast.","label":"Q3 non-GAAP operating income low","value":35.0,"period":"2027Q3","formula":null,"source_url":"https://www.sec.gov/Archives/edgar/data/1653482/000162828026059820/gitlab-ex99120260731fy27.htm","source_date":"2026-09-01"},{"id":"q3_op_guide_high","case":"shared","kind":"management_guidance","unit":"USD_millions","basis":"Company guidance; not a desk forecast.","label":"Q3 non-GAAP operating income high","value":37.0,"period":"2027Q3","formula":null,"source_url":"https://www.sec.gov/Archives/edgar/data/1653482/000162828026059820/gitlab-ex99120260731fy27.htm","source_date":"2026-09-01"},{"id":"q3_op_guide_sum","case":"shared","kind":"derived","unit":"USD_millions","basis":"Arithmetic intermediate.","label":"Q3 non-GAAP operating income endpoint sum","value":72.0,"period":"2027Q3","formula":{"op":"sum","refs":["q3_op_guide_low","q3_op_guide_high"]},"source_url":null,"source_date":null},{"id":"q3_op_guide","case":"shared","kind":"derived","unit":"USD_millions","basis":"Calculated midpoint of the company range; not an additional company forecast.","label":"Q3 non-GAAP operating income midpoint","value":36.0,"period":"2027Q3","formula":{"op":"divide","refs":["q3_op_guide_sum","two"]},"source_url":null,"source_date":null},{"id":"restructuring_total_guide_low","case":"shared","kind":"management_guidance","unit":"USD_millions","basis":"Company guidance; not a desk forecast.","label":"Total plan restructuring charges low","value":30.0,"period":"Plan","formula":null,"source_url":"https://www.sec.gov/Archives/edgar/data/1653482/000162828026059943/gtlb-20260731.htm","source_date":"2026-09-02"},{"id":"restructuring_total_guide_high","case":"shared","kind":"management_guidance","unit":"USD_millions","basis":"Company guidance; not a desk forecast.","label":"Total plan restructuring charges high","value":35.0,"period":"Plan","formula":null,"source_url":"https://www.sec.gov/Archives/edgar/data/1653482/000162828026059943/gtlb-20260731.htm","source_date":"2026-09-02"},{"id":"restructuring_total_guide_sum","case":"shared","kind":"derived","unit":"USD_millions","basis":"Arithmetic intermediate.","label":"Total plan restructuring charges endpoint sum","value":65.0,"period":"Plan","formula":{"op":"sum","refs":["restructuring_total_guide_low","restructuring_total_guide_high"]},"source_url":null,"source_date":null},{"id":"restructuring_total_guide","case":"shared","kind":"derived","unit":"USD_millions","basis":"Calculated midpoint of the company range; not an additional company forecast.","label":"Total plan restructuring charges midpoint","value":32.5,"period":"Plan","formula":{"op":"divide","refs":["restructuring_total_guide_sum","two"]},"source_url":null,"source_date":null},{"id":"downside_delivery","case":"downside","kind":"assumption","unit":"ratio","basis":"Desk sensitivity.","label":"FY2027 delivery versus guide midpoint","value":0.97,"period":"FY2027","formula":null,"source_url":null,"source_date":null},{"id":"downside_opfactor","case":"downside","kind":"assumption","unit":"ratio","basis":"Desk sensitivity.","label":"FY2027 opfactor versus guide midpoint","value":0.8,"period":"FY2027","formula":null,"source_url":null,"source_date":null},{"id":"downside_fy27_revenue_target","case":"downside","kind":"derived","unit":"USD_millions","basis":"Company midpoint times desk sensitivity.","label":"FY2027 revenue","value":1097.07,"period":"FY2027","formula":{"op":"multiply","refs":["fy27_revenue_guide","downside_delivery"]},"source_url":null,"source_date":null},{"id":"downside_h2_revenue","case":"downside","kind":"derived","unit":"USD_millions","basis":"Annual scenario less actual H1.","label":"H2 revenue","value":546.6579999999999,"period":"H2 FY2027","formula":{"op":"subtract","refs":["downside_fy27_revenue_target","h1_revenue"]},"source_url":null,"source_date":null},{"id":"downside_fy27_adjusted_operating_income_target","case":"downside","kind":"derived","unit":"USD_millions","basis":"Company midpoint times desk sensitivity.","label":"FY2027 adjusted_operating_income","value":120.0,"period":"FY2027","formula":{"op":"multiply","refs":["fy27_op_guide","downside_opfactor"]},"source_url":null,"source_date":null},{"id":"downside_h2_adjusted_operating_income","case":"downside","kind":"derived","unit":"USD_millions","basis":"Annual scenario less actual H1.","label":"H2 adjusted_operating_income","value":39.900000000000006,"period":"H2 FY2027","formula":{"op":"subtract","refs":["downside_fy27_adjusted_operating_income_target","h1_adjusted_operating_income"]},"source_url":null,"source_date":null},{"id":"downside_growth","case":"downside","kind":"assumption","unit":"ratio","basis":"Desk growth beyond published guidance.","label":"FY2028 revenue multiplier","value":1.12,"period":"FY2028","formula":null,"source_url":null,"source_date":null},{"id":"downside_fy28_revenue_target","case":"downside","kind":"derived","unit":"USD_millions","basis":"Prior-year scenario times growth.","label":"FY2028 revenue","value":1228.7184,"period":"FY2028","formula":{"op":"multiply","refs":["downside_fy27_revenue_target","downside_growth"]},"source_url":null,"source_date":null},{"id":"downside_2027q3_revenue","case":"downside","kind":"derived","unit":"USD_millions","basis":"Q3 midpoint times delivery sensitivity.","label":"Revenue","value":273.54,"period":"2027Q3","formula":{"op":"multiply","refs":["q3_revenue_guide","downside_delivery"]},"source_url":null,"source_date":null},{"id":"downside_2027q3_adjusted_operating_income","case":"downside","kind":"derived","unit":"USD_millions","basis":"Q3 adjusted operating midpoint times sensitivity.","label":"Non-GAAP operating income","value":28.8,"period":"2027Q3","formula":{"op":"multiply","refs":["q3_op_guide","downside_opfactor"]},"source_url":null,"source_date":null},{"id":"downside_2027q3_gross_margin","case":"downside","kind":"assumption","unit":"ratio","basis":"Includes cost-of-revenue SBC and amortization; margin pressure can accompany AI/hosting usage.","label":"GAAP gross margin","value":0.82,"period":"2027Q3","formula":null,"source_url":null,"source_date":null},{"id":"downside_2027q3_gross_profit","case":"downside","kind":"derived","unit":"USD_millions","basis":"Reported-scope gross margin proxy, independent of adjusted operating profit.","label":"GAAP gross profit","value":224.3028,"period":"2027Q3","formula":{"op":"multiply","refs":["downside_2027q3_revenue","downside_2027q3_gross_margin"]},"source_url":null,"source_date":null},{"id":"downside_2027q3_sbc","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Includes assumed modified/restructuring awards of $1M Q3 and $0.5M Q4; no second deduction of those awards.","label":"Total stock compensation expense","value":66.0,"period":"2027Q3","formula":null,"source_url":null,"source_date":null},{"id":"downside_2027q3_amort","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Acquired-intangible amortization","value":2.0,"period":"2027Q3","formula":null,"source_url":null,"source_date":null},{"id":"downside_2027q3_cash_restructuring","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Non-SBC portion only. Cash settlement timing is captured in working capital; retention can extend into FY2028.","label":"Non-SBC restructuring expense","value":8.0,"period":"2027Q3","formula":null,"source_url":null,"source_date":null},{"id":"downside_2027q3_donation","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Equity donation expense","value":1.0,"period":"2027Q3","formula":null,"source_url":null,"source_date":null},{"id":"downside_2027q3_adjustments","case":"downside","kind":"derived","unit":"USD_millions","basis":"Total SBC includes cost-of-revenue SBC and restructuring equity, avoiding duplicate deductions.","label":"GAAP reconciling expenses","value":77.0,"period":"2027Q3","formula":{"op":"sum","refs":["downside_2027q3_sbc","downside_2027q3_amort","downside_2027q3_cash_restructuring","downside_2027q3_donation"]},"source_url":null,"source_date":null},{"id":"downside_2027q3_operating_income","case":"downside","kind":"derived","unit":"USD_millions","basis":"Non-GAAP operating scenario less explicitly modeled exclusions.","label":"GAAP operating income","value":-48.2,"period":"2027Q3","formula":{"op":"subtract","refs":["downside_2027q3_adjusted_operating_income","downside_2027q3_adjustments"]},"source_url":null,"source_date":null},{"id":"downside_2027q3_net_interest_after_cash_tax","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Desk $11M quarterly interest income less named cash-tax allowance; no recurring JiHu tax benefit.","label":"Investment income less cash tax","value":6.0,"period":"2027Q3","formula":null,"source_url":null,"source_date":null},{"id":"downside_2027q3_cash_earnings","case":"downside","kind":"derived","unit":"USD_millions","basis":"Simplified cash earnings starting point, not a parent net-income forecast.","label":"Operating income plus investment income less cash tax","value":-42.2,"period":"2027Q3","formula":{"op":"sum","refs":["downside_2027q3_operating_income","downside_2027q3_net_interest_after_cash_tax"]},"source_url":null,"source_date":null},{"id":"downside_2027q3_depreciation","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Other depreciation","value":1.5,"period":"2027Q3","formula":null,"source_url":null,"source_date":null},{"id":"downside_2027q3_commission_amort","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Amortization of deferred commissions","value":12.5,"period":"2027Q3","formula":null,"source_url":null,"source_date":null},{"id":"downside_2027q3_before_commissions","case":"downside","kind":"derived","unit":"USD_millions","basis":"Adds only noncash charges; restructuring cash expense is not added back.","label":"Cash earnings plus noncash charges","value":40.8,"period":"2027Q3","formula":{"op":"sum","refs":["downside_2027q3_cash_earnings","downside_2027q3_sbc","downside_2027q3_amort","downside_2027q3_donation","downside_2027q3_depreciation","downside_2027q3_commission_amort"]},"source_url":null,"source_date":null},{"id":"downside_2027q3_commission_rate","case":"downside","kind":"assumption","unit":"ratio","basis":"Desk assumption, not company guidance.","label":"New capitalized commissions / revenue","value":0.05,"period":"2027Q3","formula":null,"source_url":null,"source_date":null},{"id":"downside_2027q3_commission_cash","case":"downside","kind":"derived","unit":"USD_millions","basis":"Capitalized acquisition costs are CFO cash use, separate from amortization.","label":"Capitalized commission cash spending","value":13.677000000000001,"period":"2027Q3","formula":{"op":"multiply","refs":["downside_2027q3_revenue","downside_2027q3_commission_rate"]},"source_url":null,"source_date":null},{"id":"downside_2027q3_wc","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Positive use/negative release includes billing, deferred revenue, tax and restructuring settlement timing.","label":"Other net operating cash use","value":30.0,"period":"2027Q3","formula":null,"source_url":null,"source_date":null},{"id":"downside_2027q3_operating_uses","case":"downside","kind":"derived","unit":"USD_millions","basis":"No RPO added to cash or revenue.","label":"Commission and working-capital use","value":43.677,"period":"2027Q3","formula":{"op":"sum","refs":["downside_2027q3_commission_cash","downside_2027q3_wc"]},"source_url":null,"source_date":null},{"id":"downside_2027q3_cfo","case":"downside","kind":"derived","unit":"USD_millions","basis":"No future special JiHu formation payment or BAPA refund is assumed.","label":"Operating cash flow","value":-2.8770000000000024,"period":"2027Q3","formula":{"op":"subtract","refs":["downside_2027q3_before_commissions","downside_2027q3_operating_uses"]},"source_url":null,"source_date":null},{"id":"downside_2027q3_capex","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"PP&E cash additions","value":1.5,"period":"2027Q3","formula":null,"source_url":null,"source_date":null},{"id":"downside_2027q3_fcf","case":"downside","kind":"derived","unit":"USD_millions","basis":"Actual cash definition before financing and acquisitions.","label":"Unadjusted cash after capex","value":-4.3770000000000024,"period":"2027Q3","formula":{"op":"subtract","refs":["downside_2027q3_cfo","downside_2027q3_capex"]},"source_url":null,"source_date":null},{"id":"downside_2027q3_special_adjustment","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Zero future special payments or refunds assumed; annual H1 adjustment remains actual.","label":"Future JiHu/BAPA FCF adjustment","value":0.0,"period":"2027Q3","formula":null,"source_url":null,"source_date":null},{"id":"downside_2027q3_adjusted_fcf","case":"downside","kind":"derived","unit":"USD_millions","basis":"Future raw and adjusted FCF coincide only under the explicit zero-special-cash assumption.","label":"Company-definition adjusted FCF","value":-4.3770000000000024,"period":"2027Q3","formula":{"op":"sum","refs":["downside_2027q3_fcf","downside_2027q3_special_adjustment"]},"source_url":null,"source_date":null},{"id":"downside_2027q4_revenue","case":"downside","kind":"derived","unit":"USD_millions","basis":"H2 scenario less modeled Q3.","label":"Revenue","value":273.1179999999999,"period":"2027Q4","formula":{"op":"subtract","refs":["downside_h2_revenue","downside_2027q3_revenue"]},"source_url":null,"source_date":null},{"id":"downside_2027q4_adjusted_operating_income","case":"downside","kind":"derived","unit":"USD_millions","basis":"Annual adjusted income less actual H1 and forecast Q3.","label":"Non-GAAP operating income","value":11.100000000000005,"period":"2027Q4","formula":{"op":"subtract","refs":["downside_h2_adjusted_operating_income","downside_2027q3_adjusted_operating_income"]},"source_url":null,"source_date":null},{"id":"downside_2027q4_gross_margin","case":"downside","kind":"assumption","unit":"ratio","basis":"Includes cost-of-revenue SBC and amortization; margin pressure can accompany AI/hosting usage.","label":"GAAP gross margin","value":0.82,"period":"2027Q4","formula":null,"source_url":null,"source_date":null},{"id":"downside_2027q4_gross_profit","case":"downside","kind":"derived","unit":"USD_millions","basis":"Reported-scope gross margin proxy, independent of adjusted operating profit.","label":"GAAP gross profit","value":223.9567599999999,"period":"2027Q4","formula":{"op":"multiply","refs":["downside_2027q4_revenue","downside_2027q4_gross_margin"]},"source_url":null,"source_date":null},{"id":"downside_2027q4_sbc","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Includes assumed modified/restructuring awards of $1M Q3 and $0.5M Q4; no second deduction of those awards.","label":"Total stock compensation expense","value":67.0,"period":"2027Q4","formula":null,"source_url":null,"source_date":null},{"id":"downside_2027q4_amort","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Acquired-intangible amortization","value":2.0,"period":"2027Q4","formula":null,"source_url":null,"source_date":null},{"id":"downside_2027q4_cash_restructuring","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Non-SBC portion only. Cash settlement timing is captured in working capital; retention can extend into FY2028.","label":"Non-SBC restructuring expense","value":4.0,"period":"2027Q4","formula":null,"source_url":null,"source_date":null},{"id":"downside_2027q4_donation","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Equity donation expense","value":1.0,"period":"2027Q4","formula":null,"source_url":null,"source_date":null},{"id":"downside_2027q4_adjustments","case":"downside","kind":"derived","unit":"USD_millions","basis":"Total SBC includes cost-of-revenue SBC and restructuring equity, avoiding duplicate deductions.","label":"GAAP reconciling expenses","value":74.0,"period":"2027Q4","formula":{"op":"sum","refs":["downside_2027q4_sbc","downside_2027q4_amort","downside_2027q4_cash_restructuring","downside_2027q4_donation"]},"source_url":null,"source_date":null},{"id":"downside_2027q4_operating_income","case":"downside","kind":"derived","unit":"USD_millions","basis":"Non-GAAP operating scenario less explicitly modeled exclusions.","label":"GAAP operating income","value":-62.89999999999999,"period":"2027Q4","formula":{"op":"subtract","refs":["downside_2027q4_adjusted_operating_income","downside_2027q4_adjustments"]},"source_url":null,"source_date":null},{"id":"downside_2027q4_net_interest_after_cash_tax","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Desk $11M quarterly interest income less named cash-tax allowance; no recurring JiHu tax benefit.","label":"Investment income less cash tax","value":6.0,"period":"2027Q4","formula":null,"source_url":null,"source_date":null},{"id":"downside_2027q4_cash_earnings","case":"downside","kind":"derived","unit":"USD_millions","basis":"Simplified cash earnings starting point, not a parent net-income forecast.","label":"Operating income plus investment income less cash tax","value":-56.89999999999999,"period":"2027Q4","formula":{"op":"sum","refs":["downside_2027q4_operating_income","downside_2027q4_net_interest_after_cash_tax"]},"source_url":null,"source_date":null},{"id":"downside_2027q4_depreciation","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Other depreciation","value":1.5,"period":"2027Q4","formula":null,"source_url":null,"source_date":null},{"id":"downside_2027q4_commission_amort","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Amortization of deferred commissions","value":13.0,"period":"2027Q4","formula":null,"source_url":null,"source_date":null},{"id":"downside_2027q4_before_commissions","case":"downside","kind":"derived","unit":"USD_millions","basis":"Adds only noncash charges; restructuring cash expense is not added back.","label":"Cash earnings plus noncash charges","value":27.60000000000001,"period":"2027Q4","formula":{"op":"sum","refs":["downside_2027q4_cash_earnings","downside_2027q4_sbc","downside_2027q4_amort","downside_2027q4_donation","downside_2027q4_depreciation","downside_2027q4_commission_amort"]},"source_url":null,"source_date":null},{"id":"downside_2027q4_commission_rate","case":"downside","kind":"assumption","unit":"ratio","basis":"Desk assumption, not company guidance.","label":"New capitalized commissions / revenue","value":0.05,"period":"2027Q4","formula":null,"source_url":null,"source_date":null},{"id":"downside_2027q4_commission_cash","case":"downside","kind":"derived","unit":"USD_millions","basis":"Capitalized acquisition costs are CFO cash use, separate from amortization.","label":"Capitalized commission cash spending","value":13.655899999999995,"period":"2027Q4","formula":{"op":"multiply","refs":["downside_2027q4_revenue","downside_2027q4_commission_rate"]},"source_url":null,"source_date":null},{"id":"downside_2027q4_wc","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Positive use/negative release includes billing, deferred revenue, tax and restructuring settlement timing.","label":"Other net operating cash use","value":-10.0,"period":"2027Q4","formula":null,"source_url":null,"source_date":null},{"id":"downside_2027q4_operating_uses","case":"downside","kind":"derived","unit":"USD_millions","basis":"No RPO added to cash or revenue.","label":"Commission and working-capital use","value":3.6558999999999955,"period":"2027Q4","formula":{"op":"sum","refs":["downside_2027q4_commission_cash","downside_2027q4_wc"]},"source_url":null,"source_date":null},{"id":"downside_2027q4_cfo","case":"downside","kind":"derived","unit":"USD_millions","basis":"No future special JiHu formation payment or BAPA refund is assumed.","label":"Operating cash flow","value":23.944100000000013,"period":"2027Q4","formula":{"op":"subtract","refs":["downside_2027q4_before_commissions","downside_2027q4_operating_uses"]},"source_url":null,"source_date":null},{"id":"downside_2027q4_capex","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"PP&E cash additions","value":1.5,"period":"2027Q4","formula":null,"source_url":null,"source_date":null},{"id":"downside_2027q4_fcf","case":"downside","kind":"derived","unit":"USD_millions","basis":"Actual cash definition before financing and acquisitions.","label":"Unadjusted cash after capex","value":22.444100000000013,"period":"2027Q4","formula":{"op":"subtract","refs":["downside_2027q4_cfo","downside_2027q4_capex"]},"source_url":null,"source_date":null},{"id":"downside_2027q4_special_adjustment","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Zero future special payments or refunds assumed; annual H1 adjustment remains actual.","label":"Future JiHu/BAPA FCF adjustment","value":0.0,"period":"2027Q4","formula":null,"source_url":null,"source_date":null},{"id":"downside_2027q4_adjusted_fcf","case":"downside","kind":"derived","unit":"USD_millions","basis":"Future raw and adjusted FCF coincide only under the explicit zero-special-cash assumption.","label":"Company-definition adjusted FCF","value":22.444100000000013,"period":"2027Q4","formula":{"op":"sum","refs":["downside_2027q4_fcf","downside_2027q4_special_adjustment"]},"source_url":null,"source_date":null},{"id":"downside_2028q1_weight","case":"downside","kind":"assumption","unit":"ratio","basis":"Desk assumption, not company guidance.","label":"Annual revenue quarter share","value":0.235,"period":"2028Q1","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q1_revenue","case":"downside","kind":"derived","unit":"USD_millions","basis":"Quarterly phasing; four shares sum to one.","label":"Revenue","value":288.74882399999996,"period":"2028Q1","formula":{"op":"multiply","refs":["downside_fy28_revenue_target","downside_2028q1_weight"]},"source_url":null,"source_date":null},{"id":"downside_2028q1_adjusted_margin","case":"downside","kind":"assumption","unit":"ratio","basis":"Desk assumption, not company guidance.","label":"Non-GAAP operating margin","value":0.12,"period":"2028Q1","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q1_adjusted_operating_income","case":"downside","kind":"derived","unit":"USD_millions","basis":"Independent operating leverage scenario.","label":"Non-GAAP operating income","value":34.64985888,"period":"2028Q1","formula":{"op":"multiply","refs":["downside_2028q1_revenue","downside_2028q1_adjusted_margin"]},"source_url":null,"source_date":null},{"id":"downside_2028q1_gross_margin","case":"downside","kind":"assumption","unit":"ratio","basis":"Includes cost-of-revenue SBC and amortization; margin pressure can accompany AI/hosting usage.","label":"GAAP gross margin","value":0.82,"period":"2028Q1","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q1_gross_profit","case":"downside","kind":"derived","unit":"USD_millions","basis":"Reported-scope gross margin proxy, independent of adjusted operating profit.","label":"GAAP gross profit","value":236.77403567999994,"period":"2028Q1","formula":{"op":"multiply","refs":["downside_2028q1_revenue","downside_2028q1_gross_margin"]},"source_url":null,"source_date":null},{"id":"downside_2028q1_sbc","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Includes assumed modified/restructuring awards of $1M Q3 and $0.5M Q4; no second deduction of those awards.","label":"Total stock compensation expense","value":67.0,"period":"2028Q1","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q1_amort","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Acquired-intangible amortization","value":0.4,"period":"2028Q1","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q1_cash_restructuring","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Non-SBC portion only. Cash settlement timing is captured in working capital; retention can extend into FY2028.","label":"Non-SBC restructuring expense","value":3.0,"period":"2028Q1","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q1_donation","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Equity donation expense","value":1.0,"period":"2028Q1","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q1_adjustments","case":"downside","kind":"derived","unit":"USD_millions","basis":"Total SBC includes cost-of-revenue SBC and restructuring equity, avoiding duplicate deductions.","label":"GAAP reconciling expenses","value":71.4,"period":"2028Q1","formula":{"op":"sum","refs":["downside_2028q1_sbc","downside_2028q1_amort","downside_2028q1_cash_restructuring","downside_2028q1_donation"]},"source_url":null,"source_date":null},{"id":"downside_2028q1_operating_income","case":"downside","kind":"derived","unit":"USD_millions","basis":"Non-GAAP operating scenario less explicitly modeled exclusions.","label":"GAAP operating income","value":-36.75014112000001,"period":"2028Q1","formula":{"op":"subtract","refs":["downside_2028q1_adjusted_operating_income","downside_2028q1_adjustments"]},"source_url":null,"source_date":null},{"id":"downside_2028q1_net_interest_after_cash_tax","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Desk $11M quarterly interest income less named cash-tax allowance; no recurring JiHu tax benefit.","label":"Investment income less cash tax","value":6.0,"period":"2028Q1","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q1_cash_earnings","case":"downside","kind":"derived","unit":"USD_millions","basis":"Simplified cash earnings starting point, not a parent net-income forecast.","label":"Operating income plus investment income less cash tax","value":-30.75014112000001,"period":"2028Q1","formula":{"op":"sum","refs":["downside_2028q1_operating_income","downside_2028q1_net_interest_after_cash_tax"]},"source_url":null,"source_date":null},{"id":"downside_2028q1_depreciation","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Other depreciation","value":1.5,"period":"2028Q1","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q1_commission_amort","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Amortization of deferred commissions","value":13.5,"period":"2028Q1","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q1_before_commissions","case":"downside","kind":"derived","unit":"USD_millions","basis":"Adds only noncash charges; restructuring cash expense is not added back.","label":"Cash earnings plus noncash charges","value":52.64985887999999,"period":"2028Q1","formula":{"op":"sum","refs":["downside_2028q1_cash_earnings","downside_2028q1_sbc","downside_2028q1_amort","downside_2028q1_donation","downside_2028q1_depreciation","downside_2028q1_commission_amort"]},"source_url":null,"source_date":null},{"id":"downside_2028q1_commission_rate","case":"downside","kind":"assumption","unit":"ratio","basis":"Desk assumption, not company guidance.","label":"New capitalized commissions / revenue","value":0.05,"period":"2028Q1","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q1_commission_cash","case":"downside","kind":"derived","unit":"USD_millions","basis":"Capitalized acquisition costs are CFO cash use, separate from amortization.","label":"Capitalized commission cash spending","value":14.437441199999999,"period":"2028Q1","formula":{"op":"multiply","refs":["downside_2028q1_revenue","downside_2028q1_commission_rate"]},"source_url":null,"source_date":null},{"id":"downside_2028q1_wc","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Positive use/negative release includes billing, deferred revenue, tax and restructuring settlement timing.","label":"Other net operating cash use","value":-40.0,"period":"2028Q1","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q1_operating_uses","case":"downside","kind":"derived","unit":"USD_millions","basis":"No RPO added to cash or revenue.","label":"Commission and working-capital use","value":-25.5625588,"period":"2028Q1","formula":{"op":"sum","refs":["downside_2028q1_commission_cash","downside_2028q1_wc"]},"source_url":null,"source_date":null},{"id":"downside_2028q1_cfo","case":"downside","kind":"derived","unit":"USD_millions","basis":"No future special JiHu formation payment or BAPA refund is assumed.","label":"Operating cash flow","value":78.21241767999999,"period":"2028Q1","formula":{"op":"subtract","refs":["downside_2028q1_before_commissions","downside_2028q1_operating_uses"]},"source_url":null,"source_date":null},{"id":"downside_2028q1_capex","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"PP&E cash additions","value":2.0,"period":"2028Q1","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q1_fcf","case":"downside","kind":"derived","unit":"USD_millions","basis":"Actual cash definition before financing and acquisitions.","label":"Unadjusted cash after capex","value":76.21241767999999,"period":"2028Q1","formula":{"op":"subtract","refs":["downside_2028q1_cfo","downside_2028q1_capex"]},"source_url":null,"source_date":null},{"id":"downside_2028q1_special_adjustment","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Zero future special payments or refunds assumed; annual H1 adjustment remains actual.","label":"Future JiHu/BAPA FCF adjustment","value":0.0,"period":"2028Q1","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q1_adjusted_fcf","case":"downside","kind":"derived","unit":"USD_millions","basis":"Future raw and adjusted FCF coincide only under the explicit zero-special-cash assumption.","label":"Company-definition adjusted FCF","value":76.21241767999999,"period":"2028Q1","formula":{"op":"sum","refs":["downside_2028q1_fcf","downside_2028q1_special_adjustment"]},"source_url":null,"source_date":null},{"id":"downside_2028q2_weight","case":"downside","kind":"assumption","unit":"ratio","basis":"Desk assumption, not company guidance.","label":"Annual revenue quarter share","value":0.245,"period":"2028Q2","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q2_revenue","case":"downside","kind":"derived","unit":"USD_millions","basis":"Quarterly phasing; four shares sum to one.","label":"Revenue","value":301.036008,"period":"2028Q2","formula":{"op":"multiply","refs":["downside_fy28_revenue_target","downside_2028q2_weight"]},"source_url":null,"source_date":null},{"id":"downside_2028q2_adjusted_margin","case":"downside","kind":"assumption","unit":"ratio","basis":"Desk assumption, not company guidance.","label":"Non-GAAP operating margin","value":0.12,"period":"2028Q2","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q2_adjusted_operating_income","case":"downside","kind":"derived","unit":"USD_millions","basis":"Independent operating leverage scenario.","label":"Non-GAAP operating income","value":36.12432096,"period":"2028Q2","formula":{"op":"multiply","refs":["downside_2028q2_revenue","downside_2028q2_adjusted_margin"]},"source_url":null,"source_date":null},{"id":"downside_2028q2_gross_margin","case":"downside","kind":"assumption","unit":"ratio","basis":"Includes cost-of-revenue SBC and amortization; margin pressure can accompany AI/hosting usage.","label":"GAAP gross margin","value":0.82,"period":"2028Q2","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q2_gross_profit","case":"downside","kind":"derived","unit":"USD_millions","basis":"Reported-scope gross margin proxy, independent of adjusted operating profit.","label":"GAAP gross profit","value":246.84952655999996,"period":"2028Q2","formula":{"op":"multiply","refs":["downside_2028q2_revenue","downside_2028q2_gross_margin"]},"source_url":null,"source_date":null},{"id":"downside_2028q2_sbc","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Includes assumed modified/restructuring awards of $1M Q3 and $0.5M Q4; no second deduction of those awards.","label":"Total stock compensation expense","value":68.0,"period":"2028Q2","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q2_amort","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Acquired-intangible amortization","value":0.4,"period":"2028Q2","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q2_cash_restructuring","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Non-SBC portion only. Cash settlement timing is captured in working capital; retention can extend into FY2028.","label":"Non-SBC restructuring expense","value":0.0,"period":"2028Q2","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q2_donation","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Equity donation expense","value":1.0,"period":"2028Q2","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q2_adjustments","case":"downside","kind":"derived","unit":"USD_millions","basis":"Total SBC includes cost-of-revenue SBC and restructuring equity, avoiding duplicate deductions.","label":"GAAP reconciling expenses","value":69.4,"period":"2028Q2","formula":{"op":"sum","refs":["downside_2028q2_sbc","downside_2028q2_amort","downside_2028q2_cash_restructuring","downside_2028q2_donation"]},"source_url":null,"source_date":null},{"id":"downside_2028q2_operating_income","case":"downside","kind":"derived","unit":"USD_millions","basis":"Non-GAAP operating scenario less explicitly modeled exclusions.","label":"GAAP operating income","value":-33.27567904000001,"period":"2028Q2","formula":{"op":"subtract","refs":["downside_2028q2_adjusted_operating_income","downside_2028q2_adjustments"]},"source_url":null,"source_date":null},{"id":"downside_2028q2_net_interest_after_cash_tax","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Desk $11M quarterly interest income less named cash-tax allowance; no recurring JiHu tax benefit.","label":"Investment income less cash tax","value":6.0,"period":"2028Q2","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q2_cash_earnings","case":"downside","kind":"derived","unit":"USD_millions","basis":"Simplified cash earnings starting point, not a parent net-income forecast.","label":"Operating income plus investment income less cash tax","value":-27.275679040000007,"period":"2028Q2","formula":{"op":"sum","refs":["downside_2028q2_operating_income","downside_2028q2_net_interest_after_cash_tax"]},"source_url":null,"source_date":null},{"id":"downside_2028q2_depreciation","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Other depreciation","value":1.5,"period":"2028Q2","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q2_commission_amort","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Amortization of deferred commissions","value":14.0,"period":"2028Q2","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q2_before_commissions","case":"downside","kind":"derived","unit":"USD_millions","basis":"Adds only noncash charges; restructuring cash expense is not added back.","label":"Cash earnings plus noncash charges","value":57.62432095999999,"period":"2028Q2","formula":{"op":"sum","refs":["downside_2028q2_cash_earnings","downside_2028q2_sbc","downside_2028q2_amort","downside_2028q2_donation","downside_2028q2_depreciation","downside_2028q2_commission_amort"]},"source_url":null,"source_date":null},{"id":"downside_2028q2_commission_rate","case":"downside","kind":"assumption","unit":"ratio","basis":"Desk assumption, not company guidance.","label":"New capitalized commissions / revenue","value":0.05,"period":"2028Q2","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q2_commission_cash","case":"downside","kind":"derived","unit":"USD_millions","basis":"Capitalized acquisition costs are CFO cash use, separate from amortization.","label":"Capitalized commission cash spending","value":15.0518004,"period":"2028Q2","formula":{"op":"multiply","refs":["downside_2028q2_revenue","downside_2028q2_commission_rate"]},"source_url":null,"source_date":null},{"id":"downside_2028q2_wc","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Positive use/negative release includes billing, deferred revenue, tax and restructuring settlement timing.","label":"Other net operating cash use","value":45.0,"period":"2028Q2","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q2_operating_uses","case":"downside","kind":"derived","unit":"USD_millions","basis":"No RPO added to cash or revenue.","label":"Commission and working-capital use","value":60.0518004,"period":"2028Q2","formula":{"op":"sum","refs":["downside_2028q2_commission_cash","downside_2028q2_wc"]},"source_url":null,"source_date":null},{"id":"downside_2028q2_cfo","case":"downside","kind":"derived","unit":"USD_millions","basis":"No future special JiHu formation payment or BAPA refund is assumed.","label":"Operating cash flow","value":-2.427479440000006,"period":"2028Q2","formula":{"op":"subtract","refs":["downside_2028q2_before_commissions","downside_2028q2_operating_uses"]},"source_url":null,"source_date":null},{"id":"downside_2028q2_capex","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"PP&E cash additions","value":2.0,"period":"2028Q2","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q2_fcf","case":"downside","kind":"derived","unit":"USD_millions","basis":"Actual cash definition before financing and acquisitions.","label":"Unadjusted cash after capex","value":-4.427479440000006,"period":"2028Q2","formula":{"op":"subtract","refs":["downside_2028q2_cfo","downside_2028q2_capex"]},"source_url":null,"source_date":null},{"id":"downside_2028q2_special_adjustment","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Zero future special payments or refunds assumed; annual H1 adjustment remains actual.","label":"Future JiHu/BAPA FCF adjustment","value":0.0,"period":"2028Q2","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q2_adjusted_fcf","case":"downside","kind":"derived","unit":"USD_millions","basis":"Future raw and adjusted FCF coincide only under the explicit zero-special-cash assumption.","label":"Company-definition adjusted FCF","value":-4.427479440000006,"period":"2028Q2","formula":{"op":"sum","refs":["downside_2028q2_fcf","downside_2028q2_special_adjustment"]},"source_url":null,"source_date":null},{"id":"downside_2028q3_weight","case":"downside","kind":"assumption","unit":"ratio","basis":"Desk assumption, not company guidance.","label":"Annual revenue quarter share","value":0.255,"period":"2028Q3","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q3_revenue","case":"downside","kind":"derived","unit":"USD_millions","basis":"Quarterly phasing; four shares sum to one.","label":"Revenue","value":313.323192,"period":"2028Q3","formula":{"op":"multiply","refs":["downside_fy28_revenue_target","downside_2028q3_weight"]},"source_url":null,"source_date":null},{"id":"downside_2028q3_adjusted_margin","case":"downside","kind":"assumption","unit":"ratio","basis":"Desk assumption, not company guidance.","label":"Non-GAAP operating margin","value":0.12,"period":"2028Q3","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q3_adjusted_operating_income","case":"downside","kind":"derived","unit":"USD_millions","basis":"Independent operating leverage scenario.","label":"Non-GAAP operating income","value":37.59878304,"period":"2028Q3","formula":{"op":"multiply","refs":["downside_2028q3_revenue","downside_2028q3_adjusted_margin"]},"source_url":null,"source_date":null},{"id":"downside_2028q3_gross_margin","case":"downside","kind":"assumption","unit":"ratio","basis":"Includes cost-of-revenue SBC and amortization; margin pressure can accompany AI/hosting usage.","label":"GAAP gross margin","value":0.82,"period":"2028Q3","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q3_gross_profit","case":"downside","kind":"derived","unit":"USD_millions","basis":"Reported-scope gross margin proxy, independent of adjusted operating profit.","label":"GAAP gross profit","value":256.92501744,"period":"2028Q3","formula":{"op":"multiply","refs":["downside_2028q3_revenue","downside_2028q3_gross_margin"]},"source_url":null,"source_date":null},{"id":"downside_2028q3_sbc","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Includes assumed modified/restructuring awards of $1M Q3 and $0.5M Q4; no second deduction of those awards.","label":"Total stock compensation expense","value":69.0,"period":"2028Q3","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q3_amort","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Acquired-intangible amortization","value":0.4,"period":"2028Q3","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q3_cash_restructuring","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Non-SBC portion only. Cash settlement timing is captured in working capital; retention can extend into FY2028.","label":"Non-SBC restructuring expense","value":0.0,"period":"2028Q3","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q3_donation","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Equity donation expense","value":1.0,"period":"2028Q3","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q3_adjustments","case":"downside","kind":"derived","unit":"USD_millions","basis":"Total SBC includes cost-of-revenue SBC and restructuring equity, avoiding duplicate deductions.","label":"GAAP reconciling expenses","value":70.4,"period":"2028Q3","formula":{"op":"sum","refs":["downside_2028q3_sbc","downside_2028q3_amort","downside_2028q3_cash_restructuring","downside_2028q3_donation"]},"source_url":null,"source_date":null},{"id":"downside_2028q3_operating_income","case":"downside","kind":"derived","unit":"USD_millions","basis":"Non-GAAP operating scenario less explicitly modeled exclusions.","label":"GAAP operating income","value":-32.801216960000005,"period":"2028Q3","formula":{"op":"subtract","refs":["downside_2028q3_adjusted_operating_income","downside_2028q3_adjustments"]},"source_url":null,"source_date":null},{"id":"downside_2028q3_net_interest_after_cash_tax","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Desk $11M quarterly interest income less named cash-tax allowance; no recurring JiHu tax benefit.","label":"Investment income less cash tax","value":6.0,"period":"2028Q3","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q3_cash_earnings","case":"downside","kind":"derived","unit":"USD_millions","basis":"Simplified cash earnings starting point, not a parent net-income forecast.","label":"Operating income plus investment income less cash tax","value":-26.801216960000005,"period":"2028Q3","formula":{"op":"sum","refs":["downside_2028q3_operating_income","downside_2028q3_net_interest_after_cash_tax"]},"source_url":null,"source_date":null},{"id":"downside_2028q3_depreciation","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Other depreciation","value":1.5,"period":"2028Q3","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q3_commission_amort","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Amortization of deferred commissions","value":14.5,"period":"2028Q3","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q3_before_commissions","case":"downside","kind":"derived","unit":"USD_millions","basis":"Adds only noncash charges; restructuring cash expense is not added back.","label":"Cash earnings plus noncash charges","value":59.598783039999994,"period":"2028Q3","formula":{"op":"sum","refs":["downside_2028q3_cash_earnings","downside_2028q3_sbc","downside_2028q3_amort","downside_2028q3_donation","downside_2028q3_depreciation","downside_2028q3_commission_amort"]},"source_url":null,"source_date":null},{"id":"downside_2028q3_commission_rate","case":"downside","kind":"assumption","unit":"ratio","basis":"Desk assumption, not company guidance.","label":"New capitalized commissions / revenue","value":0.05,"period":"2028Q3","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q3_commission_cash","case":"downside","kind":"derived","unit":"USD_millions","basis":"Capitalized acquisition costs are CFO cash use, separate from amortization.","label":"Capitalized commission cash spending","value":15.6661596,"period":"2028Q3","formula":{"op":"multiply","refs":["downside_2028q3_revenue","downside_2028q3_commission_rate"]},"source_url":null,"source_date":null},{"id":"downside_2028q3_wc","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Positive use/negative release includes billing, deferred revenue, tax and restructuring settlement timing.","label":"Other net operating cash use","value":35.0,"period":"2028Q3","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q3_operating_uses","case":"downside","kind":"derived","unit":"USD_millions","basis":"No RPO added to cash or revenue.","label":"Commission and working-capital use","value":50.6661596,"period":"2028Q3","formula":{"op":"sum","refs":["downside_2028q3_commission_cash","downside_2028q3_wc"]},"source_url":null,"source_date":null},{"id":"downside_2028q3_cfo","case":"downside","kind":"derived","unit":"USD_millions","basis":"No future special JiHu formation payment or BAPA refund is assumed.","label":"Operating cash flow","value":8.932623439999993,"period":"2028Q3","formula":{"op":"subtract","refs":["downside_2028q3_before_commissions","downside_2028q3_operating_uses"]},"source_url":null,"source_date":null},{"id":"downside_2028q3_capex","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"PP&E cash additions","value":2.0,"period":"2028Q3","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q3_fcf","case":"downside","kind":"derived","unit":"USD_millions","basis":"Actual cash definition before financing and acquisitions.","label":"Unadjusted cash after capex","value":6.932623439999993,"period":"2028Q3","formula":{"op":"subtract","refs":["downside_2028q3_cfo","downside_2028q3_capex"]},"source_url":null,"source_date":null},{"id":"downside_2028q3_special_adjustment","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Zero future special payments or refunds assumed; annual H1 adjustment remains actual.","label":"Future JiHu/BAPA FCF adjustment","value":0.0,"period":"2028Q3","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q3_adjusted_fcf","case":"downside","kind":"derived","unit":"USD_millions","basis":"Future raw and adjusted FCF coincide only under the explicit zero-special-cash assumption.","label":"Company-definition adjusted FCF","value":6.932623439999993,"period":"2028Q3","formula":{"op":"sum","refs":["downside_2028q3_fcf","downside_2028q3_special_adjustment"]},"source_url":null,"source_date":null},{"id":"downside_2028q4_weight","case":"downside","kind":"assumption","unit":"ratio","basis":"Desk assumption, not company guidance.","label":"Annual revenue quarter share","value":0.265,"period":"2028Q4","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q4_revenue","case":"downside","kind":"derived","unit":"USD_millions","basis":"Quarterly phasing; four shares sum to one.","label":"Revenue","value":325.61037600000003,"period":"2028Q4","formula":{"op":"multiply","refs":["downside_fy28_revenue_target","downside_2028q4_weight"]},"source_url":null,"source_date":null},{"id":"downside_2028q4_adjusted_margin","case":"downside","kind":"assumption","unit":"ratio","basis":"Desk assumption, not company guidance.","label":"Non-GAAP operating margin","value":0.12,"period":"2028Q4","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q4_adjusted_operating_income","case":"downside","kind":"derived","unit":"USD_millions","basis":"Independent operating leverage scenario.","label":"Non-GAAP operating income","value":39.07324512,"period":"2028Q4","formula":{"op":"multiply","refs":["downside_2028q4_revenue","downside_2028q4_adjusted_margin"]},"source_url":null,"source_date":null},{"id":"downside_2028q4_gross_margin","case":"downside","kind":"assumption","unit":"ratio","basis":"Includes cost-of-revenue SBC and amortization; margin pressure can accompany AI/hosting usage.","label":"GAAP gross margin","value":0.82,"period":"2028Q4","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q4_gross_profit","case":"downside","kind":"derived","unit":"USD_millions","basis":"Reported-scope gross margin proxy, independent of adjusted operating profit.","label":"GAAP gross profit","value":267.00050832,"period":"2028Q4","formula":{"op":"multiply","refs":["downside_2028q4_revenue","downside_2028q4_gross_margin"]},"source_url":null,"source_date":null},{"id":"downside_2028q4_sbc","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Includes assumed modified/restructuring awards of $1M Q3 and $0.5M Q4; no second deduction of those awards.","label":"Total stock compensation expense","value":70.0,"period":"2028Q4","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q4_amort","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Acquired-intangible amortization","value":0.4,"period":"2028Q4","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q4_cash_restructuring","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Non-SBC portion only. Cash settlement timing is captured in working capital; retention can extend into FY2028.","label":"Non-SBC restructuring expense","value":0.0,"period":"2028Q4","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q4_donation","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Equity donation expense","value":1.0,"period":"2028Q4","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q4_adjustments","case":"downside","kind":"derived","unit":"USD_millions","basis":"Total SBC includes cost-of-revenue SBC and restructuring equity, avoiding duplicate deductions.","label":"GAAP reconciling expenses","value":71.4,"period":"2028Q4","formula":{"op":"sum","refs":["downside_2028q4_sbc","downside_2028q4_amort","downside_2028q4_cash_restructuring","downside_2028q4_donation"]},"source_url":null,"source_date":null},{"id":"downside_2028q4_operating_income","case":"downside","kind":"derived","unit":"USD_millions","basis":"Non-GAAP operating scenario less explicitly modeled exclusions.","label":"GAAP operating income","value":-32.32675488,"period":"2028Q4","formula":{"op":"subtract","refs":["downside_2028q4_adjusted_operating_income","downside_2028q4_adjustments"]},"source_url":null,"source_date":null},{"id":"downside_2028q4_net_interest_after_cash_tax","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Desk $11M quarterly interest income less named cash-tax allowance; no recurring JiHu tax benefit.","label":"Investment income less cash tax","value":6.0,"period":"2028Q4","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q4_cash_earnings","case":"downside","kind":"derived","unit":"USD_millions","basis":"Simplified cash earnings starting point, not a parent net-income forecast.","label":"Operating income plus investment income less cash tax","value":-26.326754880000003,"period":"2028Q4","formula":{"op":"sum","refs":["downside_2028q4_operating_income","downside_2028q4_net_interest_after_cash_tax"]},"source_url":null,"source_date":null},{"id":"downside_2028q4_depreciation","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Other depreciation","value":1.5,"period":"2028Q4","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q4_commission_amort","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Amortization of deferred commissions","value":15.0,"period":"2028Q4","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q4_before_commissions","case":"downside","kind":"derived","unit":"USD_millions","basis":"Adds only noncash charges; restructuring cash expense is not added back.","label":"Cash earnings plus noncash charges","value":61.573245119999996,"period":"2028Q4","formula":{"op":"sum","refs":["downside_2028q4_cash_earnings","downside_2028q4_sbc","downside_2028q4_amort","downside_2028q4_donation","downside_2028q4_depreciation","downside_2028q4_commission_amort"]},"source_url":null,"source_date":null},{"id":"downside_2028q4_commission_rate","case":"downside","kind":"assumption","unit":"ratio","basis":"Desk assumption, not company guidance.","label":"New capitalized commissions / revenue","value":0.05,"period":"2028Q4","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q4_commission_cash","case":"downside","kind":"derived","unit":"USD_millions","basis":"Capitalized acquisition costs are CFO cash use, separate from amortization.","label":"Capitalized commission cash spending","value":16.280518800000003,"period":"2028Q4","formula":{"op":"multiply","refs":["downside_2028q4_revenue","downside_2028q4_commission_rate"]},"source_url":null,"source_date":null},{"id":"downside_2028q4_wc","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Positive use/negative release includes billing, deferred revenue, tax and restructuring settlement timing.","label":"Other net operating cash use","value":-10.0,"period":"2028Q4","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q4_operating_uses","case":"downside","kind":"derived","unit":"USD_millions","basis":"No RPO added to cash or revenue.","label":"Commission and working-capital use","value":6.280518800000003,"period":"2028Q4","formula":{"op":"sum","refs":["downside_2028q4_commission_cash","downside_2028q4_wc"]},"source_url":null,"source_date":null},{"id":"downside_2028q4_cfo","case":"downside","kind":"derived","unit":"USD_millions","basis":"No future special JiHu formation payment or BAPA refund is assumed.","label":"Operating cash flow","value":55.29272631999999,"period":"2028Q4","formula":{"op":"subtract","refs":["downside_2028q4_before_commissions","downside_2028q4_operating_uses"]},"source_url":null,"source_date":null},{"id":"downside_2028q4_capex","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"PP&E cash additions","value":2.0,"period":"2028Q4","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q4_fcf","case":"downside","kind":"derived","unit":"USD_millions","basis":"Actual cash definition before financing and acquisitions.","label":"Unadjusted cash after capex","value":53.29272631999999,"period":"2028Q4","formula":{"op":"subtract","refs":["downside_2028q4_cfo","downside_2028q4_capex"]},"source_url":null,"source_date":null},{"id":"downside_2028q4_special_adjustment","case":"downside","kind":"assumption","unit":"USD_millions","basis":"Zero future special payments or refunds assumed; annual H1 adjustment remains actual.","label":"Future JiHu/BAPA FCF adjustment","value":0.0,"period":"2028Q4","formula":null,"source_url":null,"source_date":null},{"id":"downside_2028q4_adjusted_fcf","case":"downside","kind":"derived","unit":"USD_millions","basis":"Future raw and adjusted FCF coincide only under the explicit zero-special-cash assumption.","label":"Company-definition adjusted FCF","value":53.29272631999999,"period":"2028Q4","formula":{"op":"sum","refs":["downside_2028q4_fcf","downside_2028q4_special_adjustment"]},"source_url":null,"source_date":null},{"id":"downside_fy2027_revenue","case":"downside","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"Consolidated revenue ($M)","value":1097.07,"period":"FY2027","formula":{"op":"sum","refs":["h1_revenue","downside_2027q3_revenue","downside_2027q4_revenue"]},"source_url":null,"source_date":null},{"id":"downside_fy2027_gross_profit","case":"downside","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"GAAP gross profit ($M)","value":915.5455599999999,"period":"FY2027","formula":{"op":"sum","refs":["h1_gross_profit","downside_2027q3_gross_profit","downside_2027q4_gross_profit"]},"source_url":null,"source_date":null},{"id":"downside_fy2027_adjusted_operating_income","case":"downside","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"Non-GAAP operating income ($M)","value":120.0,"period":"FY2027","formula":{"op":"sum","refs":["h1_adjusted_operating_income","downside_2027q3_adjusted_operating_income","downside_2027q4_adjusted_operating_income"]},"source_url":null,"source_date":null},{"id":"downside_fy2027_operating_income","case":"downside","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"GAAP operating income ($M)","value":-183.784,"period":"FY2027","formula":{"op":"sum","refs":["h1_operating_income","downside_2027q3_operating_income","downside_2027q4_operating_income"]},"source_url":null,"source_date":null},{"id":"downside_fy2027_cfo","case":"downside","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"Operating cash flow ($M)","value":167.1721,"period":"FY2027","formula":{"op":"sum","refs":["h1_cfo","downside_2027q3_cfo","downside_2027q4_cfo"]},"source_url":null,"source_date":null},{"id":"downside_fy2027_capex","case":"downside","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"Cash PP&E additions ($M)","value":5.606,"period":"FY2027","formula":{"op":"sum","refs":["h1_capex","downside_2027q3_capex","downside_2027q4_capex"]},"source_url":null,"source_date":null},{"id":"downside_fy2027_fcf","case":"downside","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"Unadjusted CFO less capex ($M)","value":161.5661,"period":"FY2027","formula":{"op":"sum","refs":["h1_fcf","downside_2027q3_fcf","downside_2027q4_fcf"]},"source_url":null,"source_date":null},{"id":"downside_fy2027_adjusted_fcf","case":"downside","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"Company-definition adjusted FCF ($M)","value":174.54410000000001,"period":"FY2027","formula":{"op":"sum","refs":["h1_adjusted_fcf","downside_2027q3_adjusted_fcf","downside_2027q4_adjusted_fcf"]},"source_url":null,"source_date":null},{"id":"downside_fy2028_revenue","case":"downside","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"Consolidated revenue ($M)","value":1228.7184,"period":"FY2028","formula":{"op":"sum","refs":["downside_2028q1_revenue","downside_2028q2_revenue","downside_2028q3_revenue","downside_2028q4_revenue"]},"source_url":null,"source_date":null},{"id":"downside_fy2028_gross_profit","case":"downside","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"GAAP gross profit ($M)","value":1007.5490879999999,"period":"FY2028","formula":{"op":"sum","refs":["downside_2028q1_gross_profit","downside_2028q2_gross_profit","downside_2028q3_gross_profit","downside_2028q4_gross_profit"]},"source_url":null,"source_date":null},{"id":"downside_fy2028_adjusted_operating_income","case":"downside","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"Non-GAAP operating income ($M)","value":147.44620799999998,"period":"FY2028","formula":{"op":"sum","refs":["downside_2028q1_adjusted_operating_income","downside_2028q2_adjusted_operating_income","downside_2028q3_adjusted_operating_income","downside_2028q4_adjusted_operating_income"]},"source_url":null,"source_date":null},{"id":"downside_fy2028_operating_income","case":"downside","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"GAAP operating income ($M)","value":-135.15379200000004,"period":"FY2028","formula":{"op":"sum","refs":["downside_2028q1_operating_income","downside_2028q2_operating_income","downside_2028q3_operating_income","downside_2028q4_operating_income"]},"source_url":null,"source_date":null},{"id":"downside_fy2028_cfo","case":"downside","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"Operating cash flow ($M)","value":140.01028799999995,"period":"FY2028","formula":{"op":"sum","refs":["downside_2028q1_cfo","downside_2028q2_cfo","downside_2028q3_cfo","downside_2028q4_cfo"]},"source_url":null,"source_date":null},{"id":"downside_fy2028_capex","case":"downside","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"Cash PP&E additions ($M)","value":8.0,"period":"FY2028","formula":{"op":"sum","refs":["downside_2028q1_capex","downside_2028q2_capex","downside_2028q3_capex","downside_2028q4_capex"]},"source_url":null,"source_date":null},{"id":"downside_fy2028_fcf","case":"downside","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"Unadjusted CFO less capex ($M)","value":132.01028799999995,"period":"FY2028","formula":{"op":"sum","refs":["downside_2028q1_fcf","downside_2028q2_fcf","downside_2028q3_fcf","downside_2028q4_fcf"]},"source_url":null,"source_date":null},{"id":"downside_fy2028_adjusted_fcf","case":"downside","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"Company-definition adjusted FCF ($M)","value":132.01028799999995,"period":"FY2028","formula":{"op":"sum","refs":["downside_2028q1_adjusted_fcf","downside_2028q2_adjusted_fcf","downside_2028q3_adjusted_fcf","downside_2028q4_adjusted_fcf"]},"source_url":null,"source_date":null},{"id":"base_delivery","case":"base","kind":"assumption","unit":"ratio","basis":"Desk sensitivity.","label":"FY2027 delivery versus guide midpoint","value":1.0,"period":"FY2027","formula":null,"source_url":null,"source_date":null},{"id":"base_opfactor","case":"base","kind":"assumption","unit":"ratio","basis":"Desk sensitivity.","label":"FY2027 opfactor versus guide midpoint","value":1.0,"period":"FY2027","formula":null,"source_url":null,"source_date":null},{"id":"base_fy27_revenue_target","case":"base","kind":"derived","unit":"USD_millions","basis":"Company midpoint times desk sensitivity.","label":"FY2027 revenue","value":1131.0,"period":"FY2027","formula":{"op":"multiply","refs":["fy27_revenue_guide","base_delivery"]},"source_url":null,"source_date":null},{"id":"base_h2_revenue","case":"base","kind":"derived","unit":"USD_millions","basis":"Annual scenario less actual H1.","label":"H2 revenue","value":580.588,"period":"H2 FY2027","formula":{"op":"subtract","refs":["base_fy27_revenue_target","h1_revenue"]},"source_url":null,"source_date":null},{"id":"base_fy27_adjusted_operating_income_target","case":"base","kind":"derived","unit":"USD_millions","basis":"Company midpoint times desk sensitivity.","label":"FY2027 adjusted_operating_income","value":150.0,"period":"FY2027","formula":{"op":"multiply","refs":["fy27_op_guide","base_opfactor"]},"source_url":null,"source_date":null},{"id":"base_h2_adjusted_operating_income","case":"base","kind":"derived","unit":"USD_millions","basis":"Annual scenario less actual H1.","label":"H2 adjusted_operating_income","value":69.9,"period":"H2 FY2027","formula":{"op":"subtract","refs":["base_fy27_adjusted_operating_income_target","h1_adjusted_operating_income"]},"source_url":null,"source_date":null},{"id":"base_growth","case":"base","kind":"assumption","unit":"ratio","basis":"Desk growth beyond published guidance.","label":"FY2028 revenue multiplier","value":1.2,"period":"FY2028","formula":null,"source_url":null,"source_date":null},{"id":"base_fy28_revenue_target","case":"base","kind":"derived","unit":"USD_millions","basis":"Prior-year scenario times growth.","label":"FY2028 revenue","value":1357.2,"period":"FY2028","formula":{"op":"multiply","refs":["base_fy27_revenue_target","base_growth"]},"source_url":null,"source_date":null},{"id":"base_2027q3_revenue","case":"base","kind":"derived","unit":"USD_millions","basis":"Q3 midpoint times delivery sensitivity.","label":"Revenue","value":282.0,"period":"2027Q3","formula":{"op":"multiply","refs":["q3_revenue_guide","base_delivery"]},"source_url":null,"source_date":null},{"id":"base_2027q3_adjusted_operating_income","case":"base","kind":"derived","unit":"USD_millions","basis":"Q3 adjusted operating midpoint times sensitivity.","label":"Non-GAAP operating income","value":36.0,"period":"2027Q3","formula":{"op":"multiply","refs":["q3_op_guide","base_opfactor"]},"source_url":null,"source_date":null},{"id":"base_2027q3_gross_margin","case":"base","kind":"assumption","unit":"ratio","basis":"Includes cost-of-revenue SBC and amortization; margin pressure can accompany AI/hosting usage.","label":"GAAP gross margin","value":0.85,"period":"2027Q3","formula":null,"source_url":null,"source_date":null},{"id":"base_2027q3_gross_profit","case":"base","kind":"derived","unit":"USD_millions","basis":"Reported-scope gross margin proxy, independent of adjusted operating profit.","label":"GAAP gross profit","value":239.7,"period":"2027Q3","formula":{"op":"multiply","refs":["base_2027q3_revenue","base_2027q3_gross_margin"]},"source_url":null,"source_date":null},{"id":"base_2027q3_sbc","case":"base","kind":"assumption","unit":"USD_millions","basis":"Includes assumed modified/restructuring awards of $1M Q3 and $0.5M Q4; no second deduction of those awards.","label":"Total stock compensation expense","value":64.0,"period":"2027Q3","formula":null,"source_url":null,"source_date":null},{"id":"base_2027q3_amort","case":"base","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Acquired-intangible amortization","value":2.0,"period":"2027Q3","formula":null,"source_url":null,"source_date":null},{"id":"base_2027q3_cash_restructuring","case":"base","kind":"assumption","unit":"USD_millions","basis":"Non-SBC portion only. Cash settlement timing is captured in working capital; retention can extend into FY2028.","label":"Non-SBC restructuring expense","value":5.5,"period":"2027Q3","formula":null,"source_url":null,"source_date":null},{"id":"base_2027q3_donation","case":"base","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Equity donation expense","value":1.0,"period":"2027Q3","formula":null,"source_url":null,"source_date":null},{"id":"base_2027q3_adjustments","case":"base","kind":"derived","unit":"USD_millions","basis":"Total SBC includes cost-of-revenue SBC and restructuring equity, avoiding duplicate deductions.","label":"GAAP reconciling expenses","value":72.5,"period":"2027Q3","formula":{"op":"sum","refs":["base_2027q3_sbc","base_2027q3_amort","base_2027q3_cash_restructuring","base_2027q3_donation"]},"source_url":null,"source_date":null},{"id":"base_2027q3_operating_income","case":"base","kind":"derived","unit":"USD_millions","basis":"Non-GAAP operating scenario less explicitly modeled exclusions.","label":"GAAP operating income","value":-36.5,"period":"2027Q3","formula":{"op":"subtract","refs":["base_2027q3_adjusted_operating_income","base_2027q3_adjustments"]},"source_url":null,"source_date":null},{"id":"base_2027q3_net_interest_after_cash_tax","case":"base","kind":"assumption","unit":"USD_millions","basis":"Desk $11M quarterly interest income less named cash-tax allowance; no recurring JiHu tax benefit.","label":"Investment income less cash tax","value":7.0,"period":"2027Q3","formula":null,"source_url":null,"source_date":null},{"id":"base_2027q3_cash_earnings","case":"base","kind":"derived","unit":"USD_millions","basis":"Simplified cash earnings starting point, not a parent net-income forecast.","label":"Operating income plus investment income less cash tax","value":-29.5,"period":"2027Q3","formula":{"op":"sum","refs":["base_2027q3_operating_income","base_2027q3_net_interest_after_cash_tax"]},"source_url":null,"source_date":null},{"id":"base_2027q3_depreciation","case":"base","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Other depreciation","value":1.5,"period":"2027Q3","formula":null,"source_url":null,"source_date":null},{"id":"base_2027q3_commission_amort","case":"base","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Amortization of deferred commissions","value":12.5,"period":"2027Q3","formula":null,"source_url":null,"source_date":null},{"id":"base_2027q3_before_commissions","case":"base","kind":"derived","unit":"USD_millions","basis":"Adds only noncash charges; restructuring cash expense is not added back.","label":"Cash earnings plus noncash charges","value":51.5,"period":"2027Q3","formula":{"op":"sum","refs":["base_2027q3_cash_earnings","base_2027q3_sbc","base_2027q3_amort","base_2027q3_donation","base_2027q3_depreciation","base_2027q3_commission_amort"]},"source_url":null,"source_date":null},{"id":"base_2027q3_commission_rate","case":"base","kind":"assumption","unit":"ratio","basis":"Desk assumption, not company guidance.","label":"New capitalized commissions / revenue","value":0.05,"period":"2027Q3","formula":null,"source_url":null,"source_date":null},{"id":"base_2027q3_commission_cash","case":"base","kind":"derived","unit":"USD_millions","basis":"Capitalized acquisition costs are CFO cash use, separate from amortization.","label":"Capitalized commission cash spending","value":14.100000000000001,"period":"2027Q3","formula":{"op":"multiply","refs":["base_2027q3_revenue","base_2027q3_commission_rate"]},"source_url":null,"source_date":null},{"id":"base_2027q3_wc","case":"base","kind":"assumption","unit":"USD_millions","basis":"Positive use/negative release includes billing, deferred revenue, tax and restructuring settlement timing.","label":"Other net operating cash use","value":15.0,"period":"2027Q3","formula":null,"source_url":null,"source_date":null},{"id":"base_2027q3_operating_uses","case":"base","kind":"derived","unit":"USD_millions","basis":"No RPO added to cash or revenue.","label":"Commission and working-capital use","value":29.1,"period":"2027Q3","formula":{"op":"sum","refs":["base_2027q3_commission_cash","base_2027q3_wc"]},"source_url":null,"source_date":null},{"id":"base_2027q3_cfo","case":"base","kind":"derived","unit":"USD_millions","basis":"No future special JiHu formation payment or BAPA refund is assumed.","label":"Operating cash flow","value":22.4,"period":"2027Q3","formula":{"op":"subtract","refs":["base_2027q3_before_commissions","base_2027q3_operating_uses"]},"source_url":null,"source_date":null},{"id":"base_2027q3_capex","case":"base","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"PP&E cash additions","value":1.5,"period":"2027Q3","formula":null,"source_url":null,"source_date":null},{"id":"base_2027q3_fcf","case":"base","kind":"derived","unit":"USD_millions","basis":"Actual cash definition before financing and acquisitions.","label":"Unadjusted cash after capex","value":20.9,"period":"2027Q3","formula":{"op":"subtract","refs":["base_2027q3_cfo","base_2027q3_capex"]},"source_url":null,"source_date":null},{"id":"base_2027q3_special_adjustment","case":"base","kind":"assumption","unit":"USD_millions","basis":"Zero future special payments or refunds assumed; annual H1 adjustment remains actual.","label":"Future JiHu/BAPA FCF adjustment","value":0.0,"period":"2027Q3","formula":null,"source_url":null,"source_date":null},{"id":"base_2027q3_adjusted_fcf","case":"base","kind":"derived","unit":"USD_millions","basis":"Future raw and adjusted FCF coincide only under the explicit zero-special-cash assumption.","label":"Company-definition adjusted FCF","value":20.9,"period":"2027Q3","formula":{"op":"sum","refs":["base_2027q3_fcf","base_2027q3_special_adjustment"]},"source_url":null,"source_date":null},{"id":"base_2027q4_revenue","case":"base","kind":"derived","unit":"USD_millions","basis":"H2 scenario less modeled Q3.","label":"Revenue","value":298.58799999999997,"period":"2027Q4","formula":{"op":"subtract","refs":["base_h2_revenue","base_2027q3_revenue"]},"source_url":null,"source_date":null},{"id":"base_2027q4_adjusted_operating_income","case":"base","kind":"derived","unit":"USD_millions","basis":"Annual adjusted income less actual H1 and forecast Q3.","label":"Non-GAAP operating income","value":33.900000000000006,"period":"2027Q4","formula":{"op":"subtract","refs":["base_h2_adjusted_operating_income","base_2027q3_adjusted_operating_income"]},"source_url":null,"source_date":null},{"id":"base_2027q4_gross_margin","case":"base","kind":"assumption","unit":"ratio","basis":"Includes cost-of-revenue SBC and amortization; margin pressure can accompany AI/hosting usage.","label":"GAAP gross margin","value":0.85,"period":"2027Q4","formula":null,"source_url":null,"source_date":null},{"id":"base_2027q4_gross_profit","case":"base","kind":"derived","unit":"USD_millions","basis":"Reported-scope gross margin proxy, independent of adjusted operating profit.","label":"GAAP gross profit","value":253.79979999999998,"period":"2027Q4","formula":{"op":"multiply","refs":["base_2027q4_revenue","base_2027q4_gross_margin"]},"source_url":null,"source_date":null},{"id":"base_2027q4_sbc","case":"base","kind":"assumption","unit":"USD_millions","basis":"Includes assumed modified/restructuring awards of $1M Q3 and $0.5M Q4; no second deduction of those awards.","label":"Total stock compensation expense","value":65.0,"period":"2027Q4","formula":null,"source_url":null,"source_date":null},{"id":"base_2027q4_amort","case":"base","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Acquired-intangible amortization","value":2.0,"period":"2027Q4","formula":null,"source_url":null,"source_date":null},{"id":"base_2027q4_cash_restructuring","case":"base","kind":"assumption","unit":"USD_millions","basis":"Non-SBC portion only. Cash settlement timing is captured in working capital; retention can extend into FY2028.","label":"Non-SBC restructuring expense","value":2.5,"period":"2027Q4","formula":null,"source_url":null,"source_date":null},{"id":"base_2027q4_donation","case":"base","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Equity donation expense","value":1.0,"period":"2027Q4","formula":null,"source_url":null,"source_date":null},{"id":"base_2027q4_adjustments","case":"base","kind":"derived","unit":"USD_millions","basis":"Total SBC includes cost-of-revenue SBC and restructuring equity, avoiding duplicate deductions.","label":"GAAP reconciling expenses","value":70.5,"period":"2027Q4","formula":{"op":"sum","refs":["base_2027q4_sbc","base_2027q4_amort","base_2027q4_cash_restructuring","base_2027q4_donation"]},"source_url":null,"source_date":null},{"id":"base_2027q4_operating_income","case":"base","kind":"derived","unit":"USD_millions","basis":"Non-GAAP operating scenario less explicitly modeled exclusions.","label":"GAAP operating income","value":-36.599999999999994,"period":"2027Q4","formula":{"op":"subtract","refs":["base_2027q4_adjusted_operating_income","base_2027q4_adjustments"]},"source_url":null,"source_date":null},{"id":"base_2027q4_net_interest_after_cash_tax","case":"base","kind":"assumption","unit":"USD_millions","basis":"Desk $11M quarterly interest income less named cash-tax allowance; no recurring JiHu tax benefit.","label":"Investment income less cash tax","value":7.0,"period":"2027Q4","formula":null,"source_url":null,"source_date":null},{"id":"base_2027q4_cash_earnings","case":"base","kind":"derived","unit":"USD_millions","basis":"Simplified cash earnings starting point, not a parent net-income forecast.","label":"Operating income plus investment income less cash tax","value":-29.599999999999994,"period":"2027Q4","formula":{"op":"sum","refs":["base_2027q4_operating_income","base_2027q4_net_interest_after_cash_tax"]},"source_url":null,"source_date":null},{"id":"base_2027q4_depreciation","case":"base","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Other depreciation","value":1.5,"period":"2027Q4","formula":null,"source_url":null,"source_date":null},{"id":"base_2027q4_commission_amort","case":"base","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Amortization of deferred commissions","value":13.0,"period":"2027Q4","formula":null,"source_url":null,"source_date":null},{"id":"base_2027q4_before_commissions","case":"base","kind":"derived","unit":"USD_millions","basis":"Adds only noncash charges; restructuring cash expense is not added back.","label":"Cash earnings plus noncash charges","value":52.900000000000006,"period":"2027Q4","formula":{"op":"sum","refs":["base_2027q4_cash_earnings","base_2027q4_sbc","base_2027q4_amort","base_2027q4_donation","base_2027q4_depreciation","base_2027q4_commission_amort"]},"source_url":null,"source_date":null},{"id":"base_2027q4_commission_rate","case":"base","kind":"assumption","unit":"ratio","basis":"Desk assumption, not company guidance.","label":"New capitalized commissions / revenue","value":0.05,"period":"2027Q4","formula":null,"source_url":null,"source_date":null},{"id":"base_2027q4_commission_cash","case":"base","kind":"derived","unit":"USD_millions","basis":"Capitalized acquisition costs are CFO cash use, separate from amortization.","label":"Capitalized commission cash spending","value":14.9294,"period":"2027Q4","formula":{"op":"multiply","refs":["base_2027q4_revenue","base_2027q4_commission_rate"]},"source_url":null,"source_date":null},{"id":"base_2027q4_wc","case":"base","kind":"assumption","unit":"USD_millions","basis":"Positive use/negative release includes billing, deferred revenue, tax and restructuring settlement timing.","label":"Other net operating cash use","value":-25.0,"period":"2027Q4","formula":null,"source_url":null,"source_date":null},{"id":"base_2027q4_operating_uses","case":"base","kind":"derived","unit":"USD_millions","basis":"No RPO added to cash or revenue.","label":"Commission and working-capital use","value":-10.0706,"period":"2027Q4","formula":{"op":"sum","refs":["base_2027q4_commission_cash","base_2027q4_wc"]},"source_url":null,"source_date":null},{"id":"base_2027q4_cfo","case":"base","kind":"derived","unit":"USD_millions","basis":"No future special JiHu formation payment or BAPA refund is assumed.","label":"Operating cash flow","value":62.970600000000005,"period":"2027Q4","formula":{"op":"subtract","refs":["base_2027q4_before_commissions","base_2027q4_operating_uses"]},"source_url":null,"source_date":null},{"id":"base_2027q4_capex","case":"base","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"PP&E cash additions","value":1.5,"period":"2027Q4","formula":null,"source_url":null,"source_date":null},{"id":"base_2027q4_fcf","case":"base","kind":"derived","unit":"USD_millions","basis":"Actual cash definition before financing and acquisitions.","label":"Unadjusted cash after capex","value":61.470600000000005,"period":"2027Q4","formula":{"op":"subtract","refs":["base_2027q4_cfo","base_2027q4_capex"]},"source_url":null,"source_date":null},{"id":"base_2027q4_special_adjustment","case":"base","kind":"assumption","unit":"USD_millions","basis":"Zero future special payments or refunds assumed; annual H1 adjustment remains actual.","label":"Future JiHu/BAPA FCF adjustment","value":0.0,"period":"2027Q4","formula":null,"source_url":null,"source_date":null},{"id":"base_2027q4_adjusted_fcf","case":"base","kind":"derived","unit":"USD_millions","basis":"Future raw and adjusted FCF coincide only under the explicit zero-special-cash assumption.","label":"Company-definition adjusted FCF","value":61.470600000000005,"period":"2027Q4","formula":{"op":"sum","refs":["base_2027q4_fcf","base_2027q4_special_adjustment"]},"source_url":null,"source_date":null},{"id":"base_2028q1_weight","case":"base","kind":"assumption","unit":"ratio","basis":"Desk assumption, not company guidance.","label":"Annual revenue quarter share","value":0.235,"period":"2028Q1","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q1_revenue","case":"base","kind":"derived","unit":"USD_millions","basis":"Quarterly phasing; four shares sum to one.","label":"Revenue","value":318.942,"period":"2028Q1","formula":{"op":"multiply","refs":["base_fy28_revenue_target","base_2028q1_weight"]},"source_url":null,"source_date":null},{"id":"base_2028q1_adjusted_margin","case":"base","kind":"assumption","unit":"ratio","basis":"Desk assumption, not company guidance.","label":"Non-GAAP operating margin","value":0.16,"period":"2028Q1","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q1_adjusted_operating_income","case":"base","kind":"derived","unit":"USD_millions","basis":"Independent operating leverage scenario.","label":"Non-GAAP operating income","value":51.03072,"period":"2028Q1","formula":{"op":"multiply","refs":["base_2028q1_revenue","base_2028q1_adjusted_margin"]},"source_url":null,"source_date":null},{"id":"base_2028q1_gross_margin","case":"base","kind":"assumption","unit":"ratio","basis":"Includes cost-of-revenue SBC and amortization; margin pressure can accompany AI/hosting usage.","label":"GAAP gross margin","value":0.85,"period":"2028Q1","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q1_gross_profit","case":"base","kind":"derived","unit":"USD_millions","basis":"Reported-scope gross margin proxy, independent of adjusted operating profit.","label":"GAAP gross profit","value":271.1007,"period":"2028Q1","formula":{"op":"multiply","refs":["base_2028q1_revenue","base_2028q1_gross_margin"]},"source_url":null,"source_date":null},{"id":"base_2028q1_sbc","case":"base","kind":"assumption","unit":"USD_millions","basis":"Includes assumed modified/restructuring awards of $1M Q3 and $0.5M Q4; no second deduction of those awards.","label":"Total stock compensation expense","value":67.0,"period":"2028Q1","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q1_amort","case":"base","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Acquired-intangible amortization","value":0.4,"period":"2028Q1","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q1_cash_restructuring","case":"base","kind":"assumption","unit":"USD_millions","basis":"Non-SBC portion only. Cash settlement timing is captured in working capital; retention can extend into FY2028.","label":"Non-SBC restructuring expense","value":1.0,"period":"2028Q1","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q1_donation","case":"base","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Equity donation expense","value":1.0,"period":"2028Q1","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q1_adjustments","case":"base","kind":"derived","unit":"USD_millions","basis":"Total SBC includes cost-of-revenue SBC and restructuring equity, avoiding duplicate deductions.","label":"GAAP reconciling expenses","value":69.4,"period":"2028Q1","formula":{"op":"sum","refs":["base_2028q1_sbc","base_2028q1_amort","base_2028q1_cash_restructuring","base_2028q1_donation"]},"source_url":null,"source_date":null},{"id":"base_2028q1_operating_income","case":"base","kind":"derived","unit":"USD_millions","basis":"Non-GAAP operating scenario less explicitly modeled exclusions.","label":"GAAP operating income","value":-18.369280000000003,"period":"2028Q1","formula":{"op":"subtract","refs":["base_2028q1_adjusted_operating_income","base_2028q1_adjustments"]},"source_url":null,"source_date":null},{"id":"base_2028q1_net_interest_after_cash_tax","case":"base","kind":"assumption","unit":"USD_millions","basis":"Desk $11M quarterly interest income less named cash-tax allowance; no recurring JiHu tax benefit.","label":"Investment income less cash tax","value":7.0,"period":"2028Q1","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q1_cash_earnings","case":"base","kind":"derived","unit":"USD_millions","basis":"Simplified cash earnings starting point, not a parent net-income forecast.","label":"Operating income plus investment income less cash tax","value":-11.369280000000003,"period":"2028Q1","formula":{"op":"sum","refs":["base_2028q1_operating_income","base_2028q1_net_interest_after_cash_tax"]},"source_url":null,"source_date":null},{"id":"base_2028q1_depreciation","case":"base","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Other depreciation","value":1.5,"period":"2028Q1","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q1_commission_amort","case":"base","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Amortization of deferred commissions","value":13.5,"period":"2028Q1","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q1_before_commissions","case":"base","kind":"derived","unit":"USD_millions","basis":"Adds only noncash charges; restructuring cash expense is not added back.","label":"Cash earnings plus noncash charges","value":72.03072,"period":"2028Q1","formula":{"op":"sum","refs":["base_2028q1_cash_earnings","base_2028q1_sbc","base_2028q1_amort","base_2028q1_donation","base_2028q1_depreciation","base_2028q1_commission_amort"]},"source_url":null,"source_date":null},{"id":"base_2028q1_commission_rate","case":"base","kind":"assumption","unit":"ratio","basis":"Desk assumption, not company guidance.","label":"New capitalized commissions / revenue","value":0.05,"period":"2028Q1","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q1_commission_cash","case":"base","kind":"derived","unit":"USD_millions","basis":"Capitalized acquisition costs are CFO cash use, separate from amortization.","label":"Capitalized commission cash spending","value":15.9471,"period":"2028Q1","formula":{"op":"multiply","refs":["base_2028q1_revenue","base_2028q1_commission_rate"]},"source_url":null,"source_date":null},{"id":"base_2028q1_wc","case":"base","kind":"assumption","unit":"USD_millions","basis":"Positive use/negative release includes billing, deferred revenue, tax and restructuring settlement timing.","label":"Other net operating cash use","value":-70.0,"period":"2028Q1","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q1_operating_uses","case":"base","kind":"derived","unit":"USD_millions","basis":"No RPO added to cash or revenue.","label":"Commission and working-capital use","value":-54.0529,"period":"2028Q1","formula":{"op":"sum","refs":["base_2028q1_commission_cash","base_2028q1_wc"]},"source_url":null,"source_date":null},{"id":"base_2028q1_cfo","case":"base","kind":"derived","unit":"USD_millions","basis":"No future special JiHu formation payment or BAPA refund is assumed.","label":"Operating cash flow","value":126.08362,"period":"2028Q1","formula":{"op":"subtract","refs":["base_2028q1_before_commissions","base_2028q1_operating_uses"]},"source_url":null,"source_date":null},{"id":"base_2028q1_capex","case":"base","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"PP&E cash additions","value":2.0,"period":"2028Q1","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q1_fcf","case":"base","kind":"derived","unit":"USD_millions","basis":"Actual cash definition before financing and acquisitions.","label":"Unadjusted cash after capex","value":124.08362,"period":"2028Q1","formula":{"op":"subtract","refs":["base_2028q1_cfo","base_2028q1_capex"]},"source_url":null,"source_date":null},{"id":"base_2028q1_special_adjustment","case":"base","kind":"assumption","unit":"USD_millions","basis":"Zero future special payments or refunds assumed; annual H1 adjustment remains actual.","label":"Future JiHu/BAPA FCF adjustment","value":0.0,"period":"2028Q1","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q1_adjusted_fcf","case":"base","kind":"derived","unit":"USD_millions","basis":"Future raw and adjusted FCF coincide only under the explicit zero-special-cash assumption.","label":"Company-definition adjusted FCF","value":124.08362,"period":"2028Q1","formula":{"op":"sum","refs":["base_2028q1_fcf","base_2028q1_special_adjustment"]},"source_url":null,"source_date":null},{"id":"base_2028q2_weight","case":"base","kind":"assumption","unit":"ratio","basis":"Desk assumption, not company guidance.","label":"Annual revenue quarter share","value":0.245,"period":"2028Q2","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q2_revenue","case":"base","kind":"derived","unit":"USD_millions","basis":"Quarterly phasing; four shares sum to one.","label":"Revenue","value":332.514,"period":"2028Q2","formula":{"op":"multiply","refs":["base_fy28_revenue_target","base_2028q2_weight"]},"source_url":null,"source_date":null},{"id":"base_2028q2_adjusted_margin","case":"base","kind":"assumption","unit":"ratio","basis":"Desk assumption, not company guidance.","label":"Non-GAAP operating margin","value":0.16,"period":"2028Q2","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q2_adjusted_operating_income","case":"base","kind":"derived","unit":"USD_millions","basis":"Independent operating leverage scenario.","label":"Non-GAAP operating income","value":53.20224,"period":"2028Q2","formula":{"op":"multiply","refs":["base_2028q2_revenue","base_2028q2_adjusted_margin"]},"source_url":null,"source_date":null},{"id":"base_2028q2_gross_margin","case":"base","kind":"assumption","unit":"ratio","basis":"Includes cost-of-revenue SBC and amortization; margin pressure can accompany AI/hosting usage.","label":"GAAP gross margin","value":0.85,"period":"2028Q2","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q2_gross_profit","case":"base","kind":"derived","unit":"USD_millions","basis":"Reported-scope gross margin proxy, independent of adjusted operating profit.","label":"GAAP gross profit","value":282.6369,"period":"2028Q2","formula":{"op":"multiply","refs":["base_2028q2_revenue","base_2028q2_gross_margin"]},"source_url":null,"source_date":null},{"id":"base_2028q2_sbc","case":"base","kind":"assumption","unit":"USD_millions","basis":"Includes assumed modified/restructuring awards of $1M Q3 and $0.5M Q4; no second deduction of those awards.","label":"Total stock compensation expense","value":69.0,"period":"2028Q2","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q2_amort","case":"base","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Acquired-intangible amortization","value":0.4,"period":"2028Q2","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q2_cash_restructuring","case":"base","kind":"assumption","unit":"USD_millions","basis":"Non-SBC portion only. Cash settlement timing is captured in working capital; retention can extend into FY2028.","label":"Non-SBC restructuring expense","value":0.0,"period":"2028Q2","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q2_donation","case":"base","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Equity donation expense","value":1.0,"period":"2028Q2","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q2_adjustments","case":"base","kind":"derived","unit":"USD_millions","basis":"Total SBC includes cost-of-revenue SBC and restructuring equity, avoiding duplicate deductions.","label":"GAAP reconciling expenses","value":70.4,"period":"2028Q2","formula":{"op":"sum","refs":["base_2028q2_sbc","base_2028q2_amort","base_2028q2_cash_restructuring","base_2028q2_donation"]},"source_url":null,"source_date":null},{"id":"base_2028q2_operating_income","case":"base","kind":"derived","unit":"USD_millions","basis":"Non-GAAP operating scenario less explicitly modeled exclusions.","label":"GAAP operating income","value":-17.197760000000002,"period":"2028Q2","formula":{"op":"subtract","refs":["base_2028q2_adjusted_operating_income","base_2028q2_adjustments"]},"source_url":null,"source_date":null},{"id":"base_2028q2_net_interest_after_cash_tax","case":"base","kind":"assumption","unit":"USD_millions","basis":"Desk $11M quarterly interest income less named cash-tax allowance; no recurring JiHu tax benefit.","label":"Investment income less cash tax","value":7.0,"period":"2028Q2","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q2_cash_earnings","case":"base","kind":"derived","unit":"USD_millions","basis":"Simplified cash earnings starting point, not a parent net-income forecast.","label":"Operating income plus investment income less cash tax","value":-10.197760000000002,"period":"2028Q2","formula":{"op":"sum","refs":["base_2028q2_operating_income","base_2028q2_net_interest_after_cash_tax"]},"source_url":null,"source_date":null},{"id":"base_2028q2_depreciation","case":"base","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Other depreciation","value":1.5,"period":"2028Q2","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q2_commission_amort","case":"base","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Amortization of deferred commissions","value":14.0,"period":"2028Q2","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q2_before_commissions","case":"base","kind":"derived","unit":"USD_millions","basis":"Adds only noncash charges; restructuring cash expense is not added back.","label":"Cash earnings plus noncash charges","value":75.70223999999999,"period":"2028Q2","formula":{"op":"sum","refs":["base_2028q2_cash_earnings","base_2028q2_sbc","base_2028q2_amort","base_2028q2_donation","base_2028q2_depreciation","base_2028q2_commission_amort"]},"source_url":null,"source_date":null},{"id":"base_2028q2_commission_rate","case":"base","kind":"assumption","unit":"ratio","basis":"Desk assumption, not company guidance.","label":"New capitalized commissions / revenue","value":0.05,"period":"2028Q2","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q2_commission_cash","case":"base","kind":"derived","unit":"USD_millions","basis":"Capitalized acquisition costs are CFO cash use, separate from amortization.","label":"Capitalized commission cash spending","value":16.625700000000002,"period":"2028Q2","formula":{"op":"multiply","refs":["base_2028q2_revenue","base_2028q2_commission_rate"]},"source_url":null,"source_date":null},{"id":"base_2028q2_wc","case":"base","kind":"assumption","unit":"USD_millions","basis":"Positive use/negative release includes billing, deferred revenue, tax and restructuring settlement timing.","label":"Other net operating cash use","value":25.0,"period":"2028Q2","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q2_operating_uses","case":"base","kind":"derived","unit":"USD_millions","basis":"No RPO added to cash or revenue.","label":"Commission and working-capital use","value":41.6257,"period":"2028Q2","formula":{"op":"sum","refs":["base_2028q2_commission_cash","base_2028q2_wc"]},"source_url":null,"source_date":null},{"id":"base_2028q2_cfo","case":"base","kind":"derived","unit":"USD_millions","basis":"No future special JiHu formation payment or BAPA refund is assumed.","label":"Operating cash flow","value":34.07653999999999,"period":"2028Q2","formula":{"op":"subtract","refs":["base_2028q2_before_commissions","base_2028q2_operating_uses"]},"source_url":null,"source_date":null},{"id":"base_2028q2_capex","case":"base","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"PP&E cash additions","value":2.0,"period":"2028Q2","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q2_fcf","case":"base","kind":"derived","unit":"USD_millions","basis":"Actual cash definition before financing and acquisitions.","label":"Unadjusted cash after capex","value":32.07653999999999,"period":"2028Q2","formula":{"op":"subtract","refs":["base_2028q2_cfo","base_2028q2_capex"]},"source_url":null,"source_date":null},{"id":"base_2028q2_special_adjustment","case":"base","kind":"assumption","unit":"USD_millions","basis":"Zero future special payments or refunds assumed; annual H1 adjustment remains actual.","label":"Future JiHu/BAPA FCF adjustment","value":0.0,"period":"2028Q2","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q2_adjusted_fcf","case":"base","kind":"derived","unit":"USD_millions","basis":"Future raw and adjusted FCF coincide only under the explicit zero-special-cash assumption.","label":"Company-definition adjusted FCF","value":32.07653999999999,"period":"2028Q2","formula":{"op":"sum","refs":["base_2028q2_fcf","base_2028q2_special_adjustment"]},"source_url":null,"source_date":null},{"id":"base_2028q3_weight","case":"base","kind":"assumption","unit":"ratio","basis":"Desk assumption, not company guidance.","label":"Annual revenue quarter share","value":0.255,"period":"2028Q3","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q3_revenue","case":"base","kind":"derived","unit":"USD_millions","basis":"Quarterly phasing; four shares sum to one.","label":"Revenue","value":346.086,"period":"2028Q3","formula":{"op":"multiply","refs":["base_fy28_revenue_target","base_2028q3_weight"]},"source_url":null,"source_date":null},{"id":"base_2028q3_adjusted_margin","case":"base","kind":"assumption","unit":"ratio","basis":"Desk assumption, not company guidance.","label":"Non-GAAP operating margin","value":0.16,"period":"2028Q3","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q3_adjusted_operating_income","case":"base","kind":"derived","unit":"USD_millions","basis":"Independent operating leverage scenario.","label":"Non-GAAP operating income","value":55.373760000000004,"period":"2028Q3","formula":{"op":"multiply","refs":["base_2028q3_revenue","base_2028q3_adjusted_margin"]},"source_url":null,"source_date":null},{"id":"base_2028q3_gross_margin","case":"base","kind":"assumption","unit":"ratio","basis":"Includes cost-of-revenue SBC and amortization; margin pressure can accompany AI/hosting usage.","label":"GAAP gross margin","value":0.85,"period":"2028Q3","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q3_gross_profit","case":"base","kind":"derived","unit":"USD_millions","basis":"Reported-scope gross margin proxy, independent of adjusted operating profit.","label":"GAAP gross profit","value":294.1731,"period":"2028Q3","formula":{"op":"multiply","refs":["base_2028q3_revenue","base_2028q3_gross_margin"]},"source_url":null,"source_date":null},{"id":"base_2028q3_sbc","case":"base","kind":"assumption","unit":"USD_millions","basis":"Includes assumed modified/restructuring awards of $1M Q3 and $0.5M Q4; no second deduction of those awards.","label":"Total stock compensation expense","value":71.0,"period":"2028Q3","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q3_amort","case":"base","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Acquired-intangible amortization","value":0.4,"period":"2028Q3","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q3_cash_restructuring","case":"base","kind":"assumption","unit":"USD_millions","basis":"Non-SBC portion only. Cash settlement timing is captured in working capital; retention can extend into FY2028.","label":"Non-SBC restructuring expense","value":0.0,"period":"2028Q3","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q3_donation","case":"base","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Equity donation expense","value":1.0,"period":"2028Q3","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q3_adjustments","case":"base","kind":"derived","unit":"USD_millions","basis":"Total SBC includes cost-of-revenue SBC and restructuring equity, avoiding duplicate deductions.","label":"GAAP reconciling expenses","value":72.4,"period":"2028Q3","formula":{"op":"sum","refs":["base_2028q3_sbc","base_2028q3_amort","base_2028q3_cash_restructuring","base_2028q3_donation"]},"source_url":null,"source_date":null},{"id":"base_2028q3_operating_income","case":"base","kind":"derived","unit":"USD_millions","basis":"Non-GAAP operating scenario less explicitly modeled exclusions.","label":"GAAP operating income","value":-17.02624,"period":"2028Q3","formula":{"op":"subtract","refs":["base_2028q3_adjusted_operating_income","base_2028q3_adjustments"]},"source_url":null,"source_date":null},{"id":"base_2028q3_net_interest_after_cash_tax","case":"base","kind":"assumption","unit":"USD_millions","basis":"Desk $11M quarterly interest income less named cash-tax allowance; no recurring JiHu tax benefit.","label":"Investment income less cash tax","value":7.0,"period":"2028Q3","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q3_cash_earnings","case":"base","kind":"derived","unit":"USD_millions","basis":"Simplified cash earnings starting point, not a parent net-income forecast.","label":"Operating income plus investment income less cash tax","value":-10.026240000000001,"period":"2028Q3","formula":{"op":"sum","refs":["base_2028q3_operating_income","base_2028q3_net_interest_after_cash_tax"]},"source_url":null,"source_date":null},{"id":"base_2028q3_depreciation","case":"base","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Other depreciation","value":1.5,"period":"2028Q3","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q3_commission_amort","case":"base","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Amortization of deferred commissions","value":14.5,"period":"2028Q3","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q3_before_commissions","case":"base","kind":"derived","unit":"USD_millions","basis":"Adds only noncash charges; restructuring cash expense is not added back.","label":"Cash earnings plus noncash charges","value":78.37376,"period":"2028Q3","formula":{"op":"sum","refs":["base_2028q3_cash_earnings","base_2028q3_sbc","base_2028q3_amort","base_2028q3_donation","base_2028q3_depreciation","base_2028q3_commission_amort"]},"source_url":null,"source_date":null},{"id":"base_2028q3_commission_rate","case":"base","kind":"assumption","unit":"ratio","basis":"Desk assumption, not company guidance.","label":"New capitalized commissions / revenue","value":0.05,"period":"2028Q3","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q3_commission_cash","case":"base","kind":"derived","unit":"USD_millions","basis":"Capitalized acquisition costs are CFO cash use, separate from amortization.","label":"Capitalized commission cash spending","value":17.3043,"period":"2028Q3","formula":{"op":"multiply","refs":["base_2028q3_revenue","base_2028q3_commission_rate"]},"source_url":null,"source_date":null},{"id":"base_2028q3_wc","case":"base","kind":"assumption","unit":"USD_millions","basis":"Positive use/negative release includes billing, deferred revenue, tax and restructuring settlement timing.","label":"Other net operating cash use","value":15.0,"period":"2028Q3","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q3_operating_uses","case":"base","kind":"derived","unit":"USD_millions","basis":"No RPO added to cash or revenue.","label":"Commission and working-capital use","value":32.3043,"period":"2028Q3","formula":{"op":"sum","refs":["base_2028q3_commission_cash","base_2028q3_wc"]},"source_url":null,"source_date":null},{"id":"base_2028q3_cfo","case":"base","kind":"derived","unit":"USD_millions","basis":"No future special JiHu formation payment or BAPA refund is assumed.","label":"Operating cash flow","value":46.06946000000001,"period":"2028Q3","formula":{"op":"subtract","refs":["base_2028q3_before_commissions","base_2028q3_operating_uses"]},"source_url":null,"source_date":null},{"id":"base_2028q3_capex","case":"base","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"PP&E cash additions","value":2.0,"period":"2028Q3","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q3_fcf","case":"base","kind":"derived","unit":"USD_millions","basis":"Actual cash definition before financing and acquisitions.","label":"Unadjusted cash after capex","value":44.06946000000001,"period":"2028Q3","formula":{"op":"subtract","refs":["base_2028q3_cfo","base_2028q3_capex"]},"source_url":null,"source_date":null},{"id":"base_2028q3_special_adjustment","case":"base","kind":"assumption","unit":"USD_millions","basis":"Zero future special payments or refunds assumed; annual H1 adjustment remains actual.","label":"Future JiHu/BAPA FCF adjustment","value":0.0,"period":"2028Q3","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q3_adjusted_fcf","case":"base","kind":"derived","unit":"USD_millions","basis":"Future raw and adjusted FCF coincide only under the explicit zero-special-cash assumption.","label":"Company-definition adjusted FCF","value":44.06946000000001,"period":"2028Q3","formula":{"op":"sum","refs":["base_2028q3_fcf","base_2028q3_special_adjustment"]},"source_url":null,"source_date":null},{"id":"base_2028q4_weight","case":"base","kind":"assumption","unit":"ratio","basis":"Desk assumption, not company guidance.","label":"Annual revenue quarter share","value":0.265,"period":"2028Q4","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q4_revenue","case":"base","kind":"derived","unit":"USD_millions","basis":"Quarterly phasing; four shares sum to one.","label":"Revenue","value":359.658,"period":"2028Q4","formula":{"op":"multiply","refs":["base_fy28_revenue_target","base_2028q4_weight"]},"source_url":null,"source_date":null},{"id":"base_2028q4_adjusted_margin","case":"base","kind":"assumption","unit":"ratio","basis":"Desk assumption, not company guidance.","label":"Non-GAAP operating margin","value":0.16,"period":"2028Q4","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q4_adjusted_operating_income","case":"base","kind":"derived","unit":"USD_millions","basis":"Independent operating leverage scenario.","label":"Non-GAAP operating income","value":57.545280000000005,"period":"2028Q4","formula":{"op":"multiply","refs":["base_2028q4_revenue","base_2028q4_adjusted_margin"]},"source_url":null,"source_date":null},{"id":"base_2028q4_gross_margin","case":"base","kind":"assumption","unit":"ratio","basis":"Includes cost-of-revenue SBC and amortization; margin pressure can accompany AI/hosting usage.","label":"GAAP gross margin","value":0.85,"period":"2028Q4","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q4_gross_profit","case":"base","kind":"derived","unit":"USD_millions","basis":"Reported-scope gross margin proxy, independent of adjusted operating profit.","label":"GAAP gross profit","value":305.7093,"period":"2028Q4","formula":{"op":"multiply","refs":["base_2028q4_revenue","base_2028q4_gross_margin"]},"source_url":null,"source_date":null},{"id":"base_2028q4_sbc","case":"base","kind":"assumption","unit":"USD_millions","basis":"Includes assumed modified/restructuring awards of $1M Q3 and $0.5M Q4; no second deduction of those awards.","label":"Total stock compensation expense","value":73.0,"period":"2028Q4","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q4_amort","case":"base","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Acquired-intangible amortization","value":0.4,"period":"2028Q4","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q4_cash_restructuring","case":"base","kind":"assumption","unit":"USD_millions","basis":"Non-SBC portion only. Cash settlement timing is captured in working capital; retention can extend into FY2028.","label":"Non-SBC restructuring expense","value":0.0,"period":"2028Q4","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q4_donation","case":"base","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Equity donation expense","value":1.0,"period":"2028Q4","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q4_adjustments","case":"base","kind":"derived","unit":"USD_millions","basis":"Total SBC includes cost-of-revenue SBC and restructuring equity, avoiding duplicate deductions.","label":"GAAP reconciling expenses","value":74.4,"period":"2028Q4","formula":{"op":"sum","refs":["base_2028q4_sbc","base_2028q4_amort","base_2028q4_cash_restructuring","base_2028q4_donation"]},"source_url":null,"source_date":null},{"id":"base_2028q4_operating_income","case":"base","kind":"derived","unit":"USD_millions","basis":"Non-GAAP operating scenario less explicitly modeled exclusions.","label":"GAAP operating income","value":-16.85472,"period":"2028Q4","formula":{"op":"subtract","refs":["base_2028q4_adjusted_operating_income","base_2028q4_adjustments"]},"source_url":null,"source_date":null},{"id":"base_2028q4_net_interest_after_cash_tax","case":"base","kind":"assumption","unit":"USD_millions","basis":"Desk $11M quarterly interest income less named cash-tax allowance; no recurring JiHu tax benefit.","label":"Investment income less cash tax","value":7.0,"period":"2028Q4","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q4_cash_earnings","case":"base","kind":"derived","unit":"USD_millions","basis":"Simplified cash earnings starting point, not a parent net-income forecast.","label":"Operating income plus investment income less cash tax","value":-9.85472,"period":"2028Q4","formula":{"op":"sum","refs":["base_2028q4_operating_income","base_2028q4_net_interest_after_cash_tax"]},"source_url":null,"source_date":null},{"id":"base_2028q4_depreciation","case":"base","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Other depreciation","value":1.5,"period":"2028Q4","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q4_commission_amort","case":"base","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Amortization of deferred commissions","value":15.0,"period":"2028Q4","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q4_before_commissions","case":"base","kind":"derived","unit":"USD_millions","basis":"Adds only noncash charges; restructuring cash expense is not added back.","label":"Cash earnings plus noncash charges","value":81.04527999999999,"period":"2028Q4","formula":{"op":"sum","refs":["base_2028q4_cash_earnings","base_2028q4_sbc","base_2028q4_amort","base_2028q4_donation","base_2028q4_depreciation","base_2028q4_commission_amort"]},"source_url":null,"source_date":null},{"id":"base_2028q4_commission_rate","case":"base","kind":"assumption","unit":"ratio","basis":"Desk assumption, not company guidance.","label":"New capitalized commissions / revenue","value":0.05,"period":"2028Q4","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q4_commission_cash","case":"base","kind":"derived","unit":"USD_millions","basis":"Capitalized acquisition costs are CFO cash use, separate from amortization.","label":"Capitalized commission cash spending","value":17.9829,"period":"2028Q4","formula":{"op":"multiply","refs":["base_2028q4_revenue","base_2028q4_commission_rate"]},"source_url":null,"source_date":null},{"id":"base_2028q4_wc","case":"base","kind":"assumption","unit":"USD_millions","basis":"Positive use/negative release includes billing, deferred revenue, tax and restructuring settlement timing.","label":"Other net operating cash use","value":-30.0,"period":"2028Q4","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q4_operating_uses","case":"base","kind":"derived","unit":"USD_millions","basis":"No RPO added to cash or revenue.","label":"Commission and working-capital use","value":-12.0171,"period":"2028Q4","formula":{"op":"sum","refs":["base_2028q4_commission_cash","base_2028q4_wc"]},"source_url":null,"source_date":null},{"id":"base_2028q4_cfo","case":"base","kind":"derived","unit":"USD_millions","basis":"No future special JiHu formation payment or BAPA refund is assumed.","label":"Operating cash flow","value":93.06237999999999,"period":"2028Q4","formula":{"op":"subtract","refs":["base_2028q4_before_commissions","base_2028q4_operating_uses"]},"source_url":null,"source_date":null},{"id":"base_2028q4_capex","case":"base","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"PP&E cash additions","value":2.0,"period":"2028Q4","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q4_fcf","case":"base","kind":"derived","unit":"USD_millions","basis":"Actual cash definition before financing and acquisitions.","label":"Unadjusted cash after capex","value":91.06237999999999,"period":"2028Q4","formula":{"op":"subtract","refs":["base_2028q4_cfo","base_2028q4_capex"]},"source_url":null,"source_date":null},{"id":"base_2028q4_special_adjustment","case":"base","kind":"assumption","unit":"USD_millions","basis":"Zero future special payments or refunds assumed; annual H1 adjustment remains actual.","label":"Future JiHu/BAPA FCF adjustment","value":0.0,"period":"2028Q4","formula":null,"source_url":null,"source_date":null},{"id":"base_2028q4_adjusted_fcf","case":"base","kind":"derived","unit":"USD_millions","basis":"Future raw and adjusted FCF coincide only under the explicit zero-special-cash assumption.","label":"Company-definition adjusted FCF","value":91.06237999999999,"period":"2028Q4","formula":{"op":"sum","refs":["base_2028q4_fcf","base_2028q4_special_adjustment"]},"source_url":null,"source_date":null},{"id":"base_fy2027_revenue","case":"base","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"Consolidated revenue ($M)","value":1131.0,"period":"FY2027","formula":{"op":"sum","refs":["h1_revenue","base_2027q3_revenue","base_2027q4_revenue"]},"source_url":null,"source_date":null},{"id":"base_fy2027_gross_profit","case":"base","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"GAAP gross profit ($M)","value":960.7858,"period":"FY2027","formula":{"op":"sum","refs":["h1_gross_profit","base_2027q3_gross_profit","base_2027q4_gross_profit"]},"source_url":null,"source_date":null},{"id":"base_fy2027_adjusted_operating_income","case":"base","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"Non-GAAP operating income ($M)","value":150.0,"period":"FY2027","formula":{"op":"sum","refs":["h1_adjusted_operating_income","base_2027q3_adjusted_operating_income","base_2027q4_adjusted_operating_income"]},"source_url":null,"source_date":null},{"id":"base_fy2027_operating_income","case":"base","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"GAAP operating income ($M)","value":-145.784,"period":"FY2027","formula":{"op":"sum","refs":["h1_operating_income","base_2027q3_operating_income","base_2027q4_operating_income"]},"source_url":null,"source_date":null},{"id":"base_fy2027_cfo","case":"base","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"Operating cash flow ($M)","value":231.4756,"period":"FY2027","formula":{"op":"sum","refs":["h1_cfo","base_2027q3_cfo","base_2027q4_cfo"]},"source_url":null,"source_date":null},{"id":"base_fy2027_capex","case":"base","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"Cash PP&E additions ($M)","value":5.606,"period":"FY2027","formula":{"op":"sum","refs":["h1_capex","base_2027q3_capex","base_2027q4_capex"]},"source_url":null,"source_date":null},{"id":"base_fy2027_fcf","case":"base","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"Unadjusted CFO less capex ($M)","value":225.8696,"period":"FY2027","formula":{"op":"sum","refs":["h1_fcf","base_2027q3_fcf","base_2027q4_fcf"]},"source_url":null,"source_date":null},{"id":"base_fy2027_adjusted_fcf","case":"base","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"Company-definition adjusted FCF ($M)","value":238.8476,"period":"FY2027","formula":{"op":"sum","refs":["h1_adjusted_fcf","base_2027q3_adjusted_fcf","base_2027q4_adjusted_fcf"]},"source_url":null,"source_date":null},{"id":"base_fy2028_revenue","case":"base","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"Consolidated revenue ($M)","value":1357.2,"period":"FY2028","formula":{"op":"sum","refs":["base_2028q1_revenue","base_2028q2_revenue","base_2028q3_revenue","base_2028q4_revenue"]},"source_url":null,"source_date":null},{"id":"base_fy2028_gross_profit","case":"base","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"GAAP gross profit ($M)","value":1153.62,"period":"FY2028","formula":{"op":"sum","refs":["base_2028q1_gross_profit","base_2028q2_gross_profit","base_2028q3_gross_profit","base_2028q4_gross_profit"]},"source_url":null,"source_date":null},{"id":"base_fy2028_adjusted_operating_income","case":"base","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"Non-GAAP operating income ($M)","value":217.152,"period":"FY2028","formula":{"op":"sum","refs":["base_2028q1_adjusted_operating_income","base_2028q2_adjusted_operating_income","base_2028q3_adjusted_operating_income","base_2028q4_adjusted_operating_income"]},"source_url":null,"source_date":null},{"id":"base_fy2028_operating_income","case":"base","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"GAAP operating income ($M)","value":-69.44800000000001,"period":"FY2028","formula":{"op":"sum","refs":["base_2028q1_operating_income","base_2028q2_operating_income","base_2028q3_operating_income","base_2028q4_operating_income"]},"source_url":null,"source_date":null},{"id":"base_fy2028_cfo","case":"base","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"Operating cash flow ($M)","value":299.29200000000003,"period":"FY2028","formula":{"op":"sum","refs":["base_2028q1_cfo","base_2028q2_cfo","base_2028q3_cfo","base_2028q4_cfo"]},"source_url":null,"source_date":null},{"id":"base_fy2028_capex","case":"base","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"Cash PP&E additions ($M)","value":8.0,"period":"FY2028","formula":{"op":"sum","refs":["base_2028q1_capex","base_2028q2_capex","base_2028q3_capex","base_2028q4_capex"]},"source_url":null,"source_date":null},{"id":"base_fy2028_fcf","case":"base","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"Unadjusted CFO less capex ($M)","value":291.29200000000003,"period":"FY2028","formula":{"op":"sum","refs":["base_2028q1_fcf","base_2028q2_fcf","base_2028q3_fcf","base_2028q4_fcf"]},"source_url":null,"source_date":null},{"id":"base_fy2028_adjusted_fcf","case":"base","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"Company-definition adjusted FCF ($M)","value":291.29200000000003,"period":"FY2028","formula":{"op":"sum","refs":["base_2028q1_adjusted_fcf","base_2028q2_adjusted_fcf","base_2028q3_adjusted_fcf","base_2028q4_adjusted_fcf"]},"source_url":null,"source_date":null},{"id":"upside_delivery","case":"upside","kind":"assumption","unit":"ratio","basis":"Desk sensitivity.","label":"FY2027 delivery versus guide midpoint","value":1.02,"period":"FY2027","formula":null,"source_url":null,"source_date":null},{"id":"upside_opfactor","case":"upside","kind":"assumption","unit":"ratio","basis":"Desk sensitivity.","label":"FY2027 opfactor versus guide midpoint","value":1.1,"period":"FY2027","formula":null,"source_url":null,"source_date":null},{"id":"upside_fy27_revenue_target","case":"upside","kind":"derived","unit":"USD_millions","basis":"Company midpoint times desk sensitivity.","label":"FY2027 revenue","value":1153.6200000000001,"period":"FY2027","formula":{"op":"multiply","refs":["fy27_revenue_guide","upside_delivery"]},"source_url":null,"source_date":null},{"id":"upside_h2_revenue","case":"upside","kind":"derived","unit":"USD_millions","basis":"Annual scenario less actual H1.","label":"H2 revenue","value":603.2080000000001,"period":"H2 FY2027","formula":{"op":"subtract","refs":["upside_fy27_revenue_target","h1_revenue"]},"source_url":null,"source_date":null},{"id":"upside_fy27_adjusted_operating_income_target","case":"upside","kind":"derived","unit":"USD_millions","basis":"Company midpoint times desk sensitivity.","label":"FY2027 adjusted_operating_income","value":165.0,"period":"FY2027","formula":{"op":"multiply","refs":["fy27_op_guide","upside_opfactor"]},"source_url":null,"source_date":null},{"id":"upside_h2_adjusted_operating_income","case":"upside","kind":"derived","unit":"USD_millions","basis":"Annual scenario less actual H1.","label":"H2 adjusted_operating_income","value":84.9,"period":"H2 FY2027","formula":{"op":"subtract","refs":["upside_fy27_adjusted_operating_income_target","h1_adjusted_operating_income"]},"source_url":null,"source_date":null},{"id":"upside_growth","case":"upside","kind":"assumption","unit":"ratio","basis":"Desk growth beyond published guidance.","label":"FY2028 revenue multiplier","value":1.28,"period":"FY2028","formula":null,"source_url":null,"source_date":null},{"id":"upside_fy28_revenue_target","case":"upside","kind":"derived","unit":"USD_millions","basis":"Prior-year scenario times growth.","label":"FY2028 revenue","value":1476.6336000000001,"period":"FY2028","formula":{"op":"multiply","refs":["upside_fy27_revenue_target","upside_growth"]},"source_url":null,"source_date":null},{"id":"upside_2027q3_revenue","case":"upside","kind":"derived","unit":"USD_millions","basis":"Q3 midpoint times delivery sensitivity.","label":"Revenue","value":287.64,"period":"2027Q3","formula":{"op":"multiply","refs":["q3_revenue_guide","upside_delivery"]},"source_url":null,"source_date":null},{"id":"upside_2027q3_adjusted_operating_income","case":"upside","kind":"derived","unit":"USD_millions","basis":"Q3 adjusted operating midpoint times sensitivity.","label":"Non-GAAP operating income","value":39.6,"period":"2027Q3","formula":{"op":"multiply","refs":["q3_op_guide","upside_opfactor"]},"source_url":null,"source_date":null},{"id":"upside_2027q3_gross_margin","case":"upside","kind":"assumption","unit":"ratio","basis":"Includes cost-of-revenue SBC and amortization; margin pressure can accompany AI/hosting usage.","label":"GAAP gross margin","value":0.87,"period":"2027Q3","formula":null,"source_url":null,"source_date":null},{"id":"upside_2027q3_gross_profit","case":"upside","kind":"derived","unit":"USD_millions","basis":"Reported-scope gross margin proxy, independent of adjusted operating profit.","label":"GAAP gross profit","value":250.24679999999998,"period":"2027Q3","formula":{"op":"multiply","refs":["upside_2027q3_revenue","upside_2027q3_gross_margin"]},"source_url":null,"source_date":null},{"id":"upside_2027q3_sbc","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Includes assumed modified/restructuring awards of $1M Q3 and $0.5M Q4; no second deduction of those awards.","label":"Total stock compensation expense","value":66.0,"period":"2027Q3","formula":null,"source_url":null,"source_date":null},{"id":"upside_2027q3_amort","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Acquired-intangible amortization","value":2.0,"period":"2027Q3","formula":null,"source_url":null,"source_date":null},{"id":"upside_2027q3_cash_restructuring","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Non-SBC portion only. Cash settlement timing is captured in working capital; retention can extend into FY2028.","label":"Non-SBC restructuring expense","value":5.0,"period":"2027Q3","formula":null,"source_url":null,"source_date":null},{"id":"upside_2027q3_donation","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Equity donation expense","value":1.0,"period":"2027Q3","formula":null,"source_url":null,"source_date":null},{"id":"upside_2027q3_adjustments","case":"upside","kind":"derived","unit":"USD_millions","basis":"Total SBC includes cost-of-revenue SBC and restructuring equity, avoiding duplicate deductions.","label":"GAAP reconciling expenses","value":74.0,"period":"2027Q3","formula":{"op":"sum","refs":["upside_2027q3_sbc","upside_2027q3_amort","upside_2027q3_cash_restructuring","upside_2027q3_donation"]},"source_url":null,"source_date":null},{"id":"upside_2027q3_operating_income","case":"upside","kind":"derived","unit":"USD_millions","basis":"Non-GAAP operating scenario less explicitly modeled exclusions.","label":"GAAP operating income","value":-34.4,"period":"2027Q3","formula":{"op":"subtract","refs":["upside_2027q3_adjusted_operating_income","upside_2027q3_adjustments"]},"source_url":null,"source_date":null},{"id":"upside_2027q3_net_interest_after_cash_tax","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Desk $11M quarterly interest income less named cash-tax allowance; no recurring JiHu tax benefit.","label":"Investment income less cash tax","value":6.0,"period":"2027Q3","formula":null,"source_url":null,"source_date":null},{"id":"upside_2027q3_cash_earnings","case":"upside","kind":"derived","unit":"USD_millions","basis":"Simplified cash earnings starting point, not a parent net-income forecast.","label":"Operating income plus investment income less cash tax","value":-28.4,"period":"2027Q3","formula":{"op":"sum","refs":["upside_2027q3_operating_income","upside_2027q3_net_interest_after_cash_tax"]},"source_url":null,"source_date":null},{"id":"upside_2027q3_depreciation","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Other depreciation","value":1.5,"period":"2027Q3","formula":null,"source_url":null,"source_date":null},{"id":"upside_2027q3_commission_amort","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Amortization of deferred commissions","value":12.5,"period":"2027Q3","formula":null,"source_url":null,"source_date":null},{"id":"upside_2027q3_before_commissions","case":"upside","kind":"derived","unit":"USD_millions","basis":"Adds only noncash charges; restructuring cash expense is not added back.","label":"Cash earnings plus noncash charges","value":54.6,"period":"2027Q3","formula":{"op":"sum","refs":["upside_2027q3_cash_earnings","upside_2027q3_sbc","upside_2027q3_amort","upside_2027q3_donation","upside_2027q3_depreciation","upside_2027q3_commission_amort"]},"source_url":null,"source_date":null},{"id":"upside_2027q3_commission_rate","case":"upside","kind":"assumption","unit":"ratio","basis":"Desk assumption, not company guidance.","label":"New capitalized commissions / revenue","value":0.05,"period":"2027Q3","formula":null,"source_url":null,"source_date":null},{"id":"upside_2027q3_commission_cash","case":"upside","kind":"derived","unit":"USD_millions","basis":"Capitalized acquisition costs are CFO cash use, separate from amortization.","label":"Capitalized commission cash spending","value":14.382,"period":"2027Q3","formula":{"op":"multiply","refs":["upside_2027q3_revenue","upside_2027q3_commission_rate"]},"source_url":null,"source_date":null},{"id":"upside_2027q3_wc","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Positive use/negative release includes billing, deferred revenue, tax and restructuring settlement timing.","label":"Other net operating cash use","value":5.0,"period":"2027Q3","formula":null,"source_url":null,"source_date":null},{"id":"upside_2027q3_operating_uses","case":"upside","kind":"derived","unit":"USD_millions","basis":"No RPO added to cash or revenue.","label":"Commission and working-capital use","value":19.381999999999998,"period":"2027Q3","formula":{"op":"sum","refs":["upside_2027q3_commission_cash","upside_2027q3_wc"]},"source_url":null,"source_date":null},{"id":"upside_2027q3_cfo","case":"upside","kind":"derived","unit":"USD_millions","basis":"No future special JiHu formation payment or BAPA refund is assumed.","label":"Operating cash flow","value":35.218,"period":"2027Q3","formula":{"op":"subtract","refs":["upside_2027q3_before_commissions","upside_2027q3_operating_uses"]},"source_url":null,"source_date":null},{"id":"upside_2027q3_capex","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"PP&E cash additions","value":1.5,"period":"2027Q3","formula":null,"source_url":null,"source_date":null},{"id":"upside_2027q3_fcf","case":"upside","kind":"derived","unit":"USD_millions","basis":"Actual cash definition before financing and acquisitions.","label":"Unadjusted cash after capex","value":33.718,"period":"2027Q3","formula":{"op":"subtract","refs":["upside_2027q3_cfo","upside_2027q3_capex"]},"source_url":null,"source_date":null},{"id":"upside_2027q3_special_adjustment","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Zero future special payments or refunds assumed; annual H1 adjustment remains actual.","label":"Future JiHu/BAPA FCF adjustment","value":0.0,"period":"2027Q3","formula":null,"source_url":null,"source_date":null},{"id":"upside_2027q3_adjusted_fcf","case":"upside","kind":"derived","unit":"USD_millions","basis":"Future raw and adjusted FCF coincide only under the explicit zero-special-cash assumption.","label":"Company-definition adjusted FCF","value":33.718,"period":"2027Q3","formula":{"op":"sum","refs":["upside_2027q3_fcf","upside_2027q3_special_adjustment"]},"source_url":null,"source_date":null},{"id":"upside_2027q4_revenue","case":"upside","kind":"derived","unit":"USD_millions","basis":"H2 scenario less modeled Q3.","label":"Revenue","value":315.5680000000001,"period":"2027Q4","formula":{"op":"subtract","refs":["upside_h2_revenue","upside_2027q3_revenue"]},"source_url":null,"source_date":null},{"id":"upside_2027q4_adjusted_operating_income","case":"upside","kind":"derived","unit":"USD_millions","basis":"Annual adjusted income less actual H1 and forecast Q3.","label":"Non-GAAP operating income","value":45.300000000000004,"period":"2027Q4","formula":{"op":"subtract","refs":["upside_h2_adjusted_operating_income","upside_2027q3_adjusted_operating_income"]},"source_url":null,"source_date":null},{"id":"upside_2027q4_gross_margin","case":"upside","kind":"assumption","unit":"ratio","basis":"Includes cost-of-revenue SBC and amortization; margin pressure can accompany AI/hosting usage.","label":"GAAP gross margin","value":0.87,"period":"2027Q4","formula":null,"source_url":null,"source_date":null},{"id":"upside_2027q4_gross_profit","case":"upside","kind":"derived","unit":"USD_millions","basis":"Reported-scope gross margin proxy, independent of adjusted operating profit.","label":"GAAP gross profit","value":274.5441600000001,"period":"2027Q4","formula":{"op":"multiply","refs":["upside_2027q4_revenue","upside_2027q4_gross_margin"]},"source_url":null,"source_date":null},{"id":"upside_2027q4_sbc","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Includes assumed modified/restructuring awards of $1M Q3 and $0.5M Q4; no second deduction of those awards.","label":"Total stock compensation expense","value":68.0,"period":"2027Q4","formula":null,"source_url":null,"source_date":null},{"id":"upside_2027q4_amort","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Acquired-intangible amortization","value":2.0,"period":"2027Q4","formula":null,"source_url":null,"source_date":null},{"id":"upside_2027q4_cash_restructuring","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Non-SBC portion only. Cash settlement timing is captured in working capital; retention can extend into FY2028.","label":"Non-SBC restructuring expense","value":2.0,"period":"2027Q4","formula":null,"source_url":null,"source_date":null},{"id":"upside_2027q4_donation","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Equity donation expense","value":1.0,"period":"2027Q4","formula":null,"source_url":null,"source_date":null},{"id":"upside_2027q4_adjustments","case":"upside","kind":"derived","unit":"USD_millions","basis":"Total SBC includes cost-of-revenue SBC and restructuring equity, avoiding duplicate deductions.","label":"GAAP reconciling expenses","value":73.0,"period":"2027Q4","formula":{"op":"sum","refs":["upside_2027q4_sbc","upside_2027q4_amort","upside_2027q4_cash_restructuring","upside_2027q4_donation"]},"source_url":null,"source_date":null},{"id":"upside_2027q4_operating_income","case":"upside","kind":"derived","unit":"USD_millions","basis":"Non-GAAP operating scenario less explicitly modeled exclusions.","label":"GAAP operating income","value":-27.699999999999996,"period":"2027Q4","formula":{"op":"subtract","refs":["upside_2027q4_adjusted_operating_income","upside_2027q4_adjustments"]},"source_url":null,"source_date":null},{"id":"upside_2027q4_net_interest_after_cash_tax","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Desk $11M quarterly interest income less named cash-tax allowance; no recurring JiHu tax benefit.","label":"Investment income less cash tax","value":6.0,"period":"2027Q4","formula":null,"source_url":null,"source_date":null},{"id":"upside_2027q4_cash_earnings","case":"upside","kind":"derived","unit":"USD_millions","basis":"Simplified cash earnings starting point, not a parent net-income forecast.","label":"Operating income plus investment income less cash tax","value":-21.699999999999996,"period":"2027Q4","formula":{"op":"sum","refs":["upside_2027q4_operating_income","upside_2027q4_net_interest_after_cash_tax"]},"source_url":null,"source_date":null},{"id":"upside_2027q4_depreciation","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Other depreciation","value":1.5,"period":"2027Q4","formula":null,"source_url":null,"source_date":null},{"id":"upside_2027q4_commission_amort","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Amortization of deferred commissions","value":13.0,"period":"2027Q4","formula":null,"source_url":null,"source_date":null},{"id":"upside_2027q4_before_commissions","case":"upside","kind":"derived","unit":"USD_millions","basis":"Adds only noncash charges; restructuring cash expense is not added back.","label":"Cash earnings plus noncash charges","value":63.800000000000004,"period":"2027Q4","formula":{"op":"sum","refs":["upside_2027q4_cash_earnings","upside_2027q4_sbc","upside_2027q4_amort","upside_2027q4_donation","upside_2027q4_depreciation","upside_2027q4_commission_amort"]},"source_url":null,"source_date":null},{"id":"upside_2027q4_commission_rate","case":"upside","kind":"assumption","unit":"ratio","basis":"Desk assumption, not company guidance.","label":"New capitalized commissions / revenue","value":0.05,"period":"2027Q4","formula":null,"source_url":null,"source_date":null},{"id":"upside_2027q4_commission_cash","case":"upside","kind":"derived","unit":"USD_millions","basis":"Capitalized acquisition costs are CFO cash use, separate from amortization.","label":"Capitalized commission cash spending","value":15.778400000000005,"period":"2027Q4","formula":{"op":"multiply","refs":["upside_2027q4_revenue","upside_2027q4_commission_rate"]},"source_url":null,"source_date":null},{"id":"upside_2027q4_wc","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Positive use/negative release includes billing, deferred revenue, tax and restructuring settlement timing.","label":"Other net operating cash use","value":-35.0,"period":"2027Q4","formula":null,"source_url":null,"source_date":null},{"id":"upside_2027q4_operating_uses","case":"upside","kind":"derived","unit":"USD_millions","basis":"No RPO added to cash or revenue.","label":"Commission and working-capital use","value":-19.221599999999995,"period":"2027Q4","formula":{"op":"sum","refs":["upside_2027q4_commission_cash","upside_2027q4_wc"]},"source_url":null,"source_date":null},{"id":"upside_2027q4_cfo","case":"upside","kind":"derived","unit":"USD_millions","basis":"No future special JiHu formation payment or BAPA refund is assumed.","label":"Operating cash flow","value":83.0216,"period":"2027Q4","formula":{"op":"subtract","refs":["upside_2027q4_before_commissions","upside_2027q4_operating_uses"]},"source_url":null,"source_date":null},{"id":"upside_2027q4_capex","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"PP&E cash additions","value":1.5,"period":"2027Q4","formula":null,"source_url":null,"source_date":null},{"id":"upside_2027q4_fcf","case":"upside","kind":"derived","unit":"USD_millions","basis":"Actual cash definition before financing and acquisitions.","label":"Unadjusted cash after capex","value":81.5216,"period":"2027Q4","formula":{"op":"subtract","refs":["upside_2027q4_cfo","upside_2027q4_capex"]},"source_url":null,"source_date":null},{"id":"upside_2027q4_special_adjustment","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Zero future special payments or refunds assumed; annual H1 adjustment remains actual.","label":"Future JiHu/BAPA FCF adjustment","value":0.0,"period":"2027Q4","formula":null,"source_url":null,"source_date":null},{"id":"upside_2027q4_adjusted_fcf","case":"upside","kind":"derived","unit":"USD_millions","basis":"Future raw and adjusted FCF coincide only under the explicit zero-special-cash assumption.","label":"Company-definition adjusted FCF","value":81.5216,"period":"2027Q4","formula":{"op":"sum","refs":["upside_2027q4_fcf","upside_2027q4_special_adjustment"]},"source_url":null,"source_date":null},{"id":"upside_2028q1_weight","case":"upside","kind":"assumption","unit":"ratio","basis":"Desk assumption, not company guidance.","label":"Annual revenue quarter share","value":0.235,"period":"2028Q1","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q1_revenue","case":"upside","kind":"derived","unit":"USD_millions","basis":"Quarterly phasing; four shares sum to one.","label":"Revenue","value":347.008896,"period":"2028Q1","formula":{"op":"multiply","refs":["upside_fy28_revenue_target","upside_2028q1_weight"]},"source_url":null,"source_date":null},{"id":"upside_2028q1_adjusted_margin","case":"upside","kind":"assumption","unit":"ratio","basis":"Desk assumption, not company guidance.","label":"Non-GAAP operating margin","value":0.19,"period":"2028Q1","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q1_adjusted_operating_income","case":"upside","kind":"derived","unit":"USD_millions","basis":"Independent operating leverage scenario.","label":"Non-GAAP operating income","value":65.93169024,"period":"2028Q1","formula":{"op":"multiply","refs":["upside_2028q1_revenue","upside_2028q1_adjusted_margin"]},"source_url":null,"source_date":null},{"id":"upside_2028q1_gross_margin","case":"upside","kind":"assumption","unit":"ratio","basis":"Includes cost-of-revenue SBC and amortization; margin pressure can accompany AI/hosting usage.","label":"GAAP gross margin","value":0.87,"period":"2028Q1","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q1_gross_profit","case":"upside","kind":"derived","unit":"USD_millions","basis":"Reported-scope gross margin proxy, independent of adjusted operating profit.","label":"GAAP gross profit","value":301.89773952,"period":"2028Q1","formula":{"op":"multiply","refs":["upside_2028q1_revenue","upside_2028q1_gross_margin"]},"source_url":null,"source_date":null},{"id":"upside_2028q1_sbc","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Includes assumed modified/restructuring awards of $1M Q3 and $0.5M Q4; no second deduction of those awards.","label":"Total stock compensation expense","value":70.0,"period":"2028Q1","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q1_amort","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Acquired-intangible amortization","value":0.4,"period":"2028Q1","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q1_cash_restructuring","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Non-SBC portion only. Cash settlement timing is captured in working capital; retention can extend into FY2028.","label":"Non-SBC restructuring expense","value":1.0,"period":"2028Q1","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q1_donation","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Equity donation expense","value":1.0,"period":"2028Q1","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q1_adjustments","case":"upside","kind":"derived","unit":"USD_millions","basis":"Total SBC includes cost-of-revenue SBC and restructuring equity, avoiding duplicate deductions.","label":"GAAP reconciling expenses","value":72.4,"period":"2028Q1","formula":{"op":"sum","refs":["upside_2028q1_sbc","upside_2028q1_amort","upside_2028q1_cash_restructuring","upside_2028q1_donation"]},"source_url":null,"source_date":null},{"id":"upside_2028q1_operating_income","case":"upside","kind":"derived","unit":"USD_millions","basis":"Non-GAAP operating scenario less explicitly modeled exclusions.","label":"GAAP operating income","value":-6.468309760000011,"period":"2028Q1","formula":{"op":"subtract","refs":["upside_2028q1_adjusted_operating_income","upside_2028q1_adjustments"]},"source_url":null,"source_date":null},{"id":"upside_2028q1_net_interest_after_cash_tax","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Desk $11M quarterly interest income less named cash-tax allowance; no recurring JiHu tax benefit.","label":"Investment income less cash tax","value":6.0,"period":"2028Q1","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q1_cash_earnings","case":"upside","kind":"derived","unit":"USD_millions","basis":"Simplified cash earnings starting point, not a parent net-income forecast.","label":"Operating income plus investment income less cash tax","value":-0.468309760000011,"period":"2028Q1","formula":{"op":"sum","refs":["upside_2028q1_operating_income","upside_2028q1_net_interest_after_cash_tax"]},"source_url":null,"source_date":null},{"id":"upside_2028q1_depreciation","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Other depreciation","value":1.5,"period":"2028Q1","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q1_commission_amort","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Amortization of deferred commissions","value":13.5,"period":"2028Q1","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q1_before_commissions","case":"upside","kind":"derived","unit":"USD_millions","basis":"Adds only noncash charges; restructuring cash expense is not added back.","label":"Cash earnings plus noncash charges","value":85.93169024,"period":"2028Q1","formula":{"op":"sum","refs":["upside_2028q1_cash_earnings","upside_2028q1_sbc","upside_2028q1_amort","upside_2028q1_donation","upside_2028q1_depreciation","upside_2028q1_commission_amort"]},"source_url":null,"source_date":null},{"id":"upside_2028q1_commission_rate","case":"upside","kind":"assumption","unit":"ratio","basis":"Desk assumption, not company guidance.","label":"New capitalized commissions / revenue","value":0.05,"period":"2028Q1","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q1_commission_cash","case":"upside","kind":"derived","unit":"USD_millions","basis":"Capitalized acquisition costs are CFO cash use, separate from amortization.","label":"Capitalized commission cash spending","value":17.350444800000002,"period":"2028Q1","formula":{"op":"multiply","refs":["upside_2028q1_revenue","upside_2028q1_commission_rate"]},"source_url":null,"source_date":null},{"id":"upside_2028q1_wc","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Positive use/negative release includes billing, deferred revenue, tax and restructuring settlement timing.","label":"Other net operating cash use","value":-80.0,"period":"2028Q1","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q1_operating_uses","case":"upside","kind":"derived","unit":"USD_millions","basis":"No RPO added to cash or revenue.","label":"Commission and working-capital use","value":-62.649555199999995,"period":"2028Q1","formula":{"op":"sum","refs":["upside_2028q1_commission_cash","upside_2028q1_wc"]},"source_url":null,"source_date":null},{"id":"upside_2028q1_cfo","case":"upside","kind":"derived","unit":"USD_millions","basis":"No future special JiHu formation payment or BAPA refund is assumed.","label":"Operating cash flow","value":148.58124543999998,"period":"2028Q1","formula":{"op":"subtract","refs":["upside_2028q1_before_commissions","upside_2028q1_operating_uses"]},"source_url":null,"source_date":null},{"id":"upside_2028q1_capex","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"PP&E cash additions","value":2.0,"period":"2028Q1","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q1_fcf","case":"upside","kind":"derived","unit":"USD_millions","basis":"Actual cash definition before financing and acquisitions.","label":"Unadjusted cash after capex","value":146.58124543999998,"period":"2028Q1","formula":{"op":"subtract","refs":["upside_2028q1_cfo","upside_2028q1_capex"]},"source_url":null,"source_date":null},{"id":"upside_2028q1_special_adjustment","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Zero future special payments or refunds assumed; annual H1 adjustment remains actual.","label":"Future JiHu/BAPA FCF adjustment","value":0.0,"period":"2028Q1","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q1_adjusted_fcf","case":"upside","kind":"derived","unit":"USD_millions","basis":"Future raw and adjusted FCF coincide only under the explicit zero-special-cash assumption.","label":"Company-definition adjusted FCF","value":146.58124543999998,"period":"2028Q1","formula":{"op":"sum","refs":["upside_2028q1_fcf","upside_2028q1_special_adjustment"]},"source_url":null,"source_date":null},{"id":"upside_2028q2_weight","case":"upside","kind":"assumption","unit":"ratio","basis":"Desk assumption, not company guidance.","label":"Annual revenue quarter share","value":0.245,"period":"2028Q2","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q2_revenue","case":"upside","kind":"derived","unit":"USD_millions","basis":"Quarterly phasing; four shares sum to one.","label":"Revenue","value":361.775232,"period":"2028Q2","formula":{"op":"multiply","refs":["upside_fy28_revenue_target","upside_2028q2_weight"]},"source_url":null,"source_date":null},{"id":"upside_2028q2_adjusted_margin","case":"upside","kind":"assumption","unit":"ratio","basis":"Desk assumption, not company guidance.","label":"Non-GAAP operating margin","value":0.19,"period":"2028Q2","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q2_adjusted_operating_income","case":"upside","kind":"derived","unit":"USD_millions","basis":"Independent operating leverage scenario.","label":"Non-GAAP operating income","value":68.73729408,"period":"2028Q2","formula":{"op":"multiply","refs":["upside_2028q2_revenue","upside_2028q2_adjusted_margin"]},"source_url":null,"source_date":null},{"id":"upside_2028q2_gross_margin","case":"upside","kind":"assumption","unit":"ratio","basis":"Includes cost-of-revenue SBC and amortization; margin pressure can accompany AI/hosting usage.","label":"GAAP gross margin","value":0.87,"period":"2028Q2","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q2_gross_profit","case":"upside","kind":"derived","unit":"USD_millions","basis":"Reported-scope gross margin proxy, independent of adjusted operating profit.","label":"GAAP gross profit","value":314.74445184,"period":"2028Q2","formula":{"op":"multiply","refs":["upside_2028q2_revenue","upside_2028q2_gross_margin"]},"source_url":null,"source_date":null},{"id":"upside_2028q2_sbc","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Includes assumed modified/restructuring awards of $1M Q3 and $0.5M Q4; no second deduction of those awards.","label":"Total stock compensation expense","value":73.0,"period":"2028Q2","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q2_amort","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Acquired-intangible amortization","value":0.4,"period":"2028Q2","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q2_cash_restructuring","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Non-SBC portion only. Cash settlement timing is captured in working capital; retention can extend into FY2028.","label":"Non-SBC restructuring expense","value":0.0,"period":"2028Q2","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q2_donation","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Equity donation expense","value":1.0,"period":"2028Q2","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q2_adjustments","case":"upside","kind":"derived","unit":"USD_millions","basis":"Total SBC includes cost-of-revenue SBC and restructuring equity, avoiding duplicate deductions.","label":"GAAP reconciling expenses","value":74.4,"period":"2028Q2","formula":{"op":"sum","refs":["upside_2028q2_sbc","upside_2028q2_amort","upside_2028q2_cash_restructuring","upside_2028q2_donation"]},"source_url":null,"source_date":null},{"id":"upside_2028q2_operating_income","case":"upside","kind":"derived","unit":"USD_millions","basis":"Non-GAAP operating scenario less explicitly modeled exclusions.","label":"GAAP operating income","value":-5.662705920000008,"period":"2028Q2","formula":{"op":"subtract","refs":["upside_2028q2_adjusted_operating_income","upside_2028q2_adjustments"]},"source_url":null,"source_date":null},{"id":"upside_2028q2_net_interest_after_cash_tax","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Desk $11M quarterly interest income less named cash-tax allowance; no recurring JiHu tax benefit.","label":"Investment income less cash tax","value":6.0,"period":"2028Q2","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q2_cash_earnings","case":"upside","kind":"derived","unit":"USD_millions","basis":"Simplified cash earnings starting point, not a parent net-income forecast.","label":"Operating income plus investment income less cash tax","value":0.3372940799999924,"period":"2028Q2","formula":{"op":"sum","refs":["upside_2028q2_operating_income","upside_2028q2_net_interest_after_cash_tax"]},"source_url":null,"source_date":null},{"id":"upside_2028q2_depreciation","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Other depreciation","value":1.5,"period":"2028Q2","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q2_commission_amort","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Amortization of deferred commissions","value":14.0,"period":"2028Q2","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q2_before_commissions","case":"upside","kind":"derived","unit":"USD_millions","basis":"Adds only noncash charges; restructuring cash expense is not added back.","label":"Cash earnings plus noncash charges","value":90.23729408,"period":"2028Q2","formula":{"op":"sum","refs":["upside_2028q2_cash_earnings","upside_2028q2_sbc","upside_2028q2_amort","upside_2028q2_donation","upside_2028q2_depreciation","upside_2028q2_commission_amort"]},"source_url":null,"source_date":null},{"id":"upside_2028q2_commission_rate","case":"upside","kind":"assumption","unit":"ratio","basis":"Desk assumption, not company guidance.","label":"New capitalized commissions / revenue","value":0.05,"period":"2028Q2","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q2_commission_cash","case":"upside","kind":"derived","unit":"USD_millions","basis":"Capitalized acquisition costs are CFO cash use, separate from amortization.","label":"Capitalized commission cash spending","value":18.0887616,"period":"2028Q2","formula":{"op":"multiply","refs":["upside_2028q2_revenue","upside_2028q2_commission_rate"]},"source_url":null,"source_date":null},{"id":"upside_2028q2_wc","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Positive use/negative release includes billing, deferred revenue, tax and restructuring settlement timing.","label":"Other net operating cash use","value":15.0,"period":"2028Q2","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q2_operating_uses","case":"upside","kind":"derived","unit":"USD_millions","basis":"No RPO added to cash or revenue.","label":"Commission and working-capital use","value":33.0887616,"period":"2028Q2","formula":{"op":"sum","refs":["upside_2028q2_commission_cash","upside_2028q2_wc"]},"source_url":null,"source_date":null},{"id":"upside_2028q2_cfo","case":"upside","kind":"derived","unit":"USD_millions","basis":"No future special JiHu formation payment or BAPA refund is assumed.","label":"Operating cash flow","value":57.14853248,"period":"2028Q2","formula":{"op":"subtract","refs":["upside_2028q2_before_commissions","upside_2028q2_operating_uses"]},"source_url":null,"source_date":null},{"id":"upside_2028q2_capex","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"PP&E cash additions","value":2.0,"period":"2028Q2","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q2_fcf","case":"upside","kind":"derived","unit":"USD_millions","basis":"Actual cash definition before financing and acquisitions.","label":"Unadjusted cash after capex","value":55.14853248,"period":"2028Q2","formula":{"op":"subtract","refs":["upside_2028q2_cfo","upside_2028q2_capex"]},"source_url":null,"source_date":null},{"id":"upside_2028q2_special_adjustment","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Zero future special payments or refunds assumed; annual H1 adjustment remains actual.","label":"Future JiHu/BAPA FCF adjustment","value":0.0,"period":"2028Q2","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q2_adjusted_fcf","case":"upside","kind":"derived","unit":"USD_millions","basis":"Future raw and adjusted FCF coincide only under the explicit zero-special-cash assumption.","label":"Company-definition adjusted FCF","value":55.14853248,"period":"2028Q2","formula":{"op":"sum","refs":["upside_2028q2_fcf","upside_2028q2_special_adjustment"]},"source_url":null,"source_date":null},{"id":"upside_2028q3_weight","case":"upside","kind":"assumption","unit":"ratio","basis":"Desk assumption, not company guidance.","label":"Annual revenue quarter share","value":0.255,"period":"2028Q3","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q3_revenue","case":"upside","kind":"derived","unit":"USD_millions","basis":"Quarterly phasing; four shares sum to one.","label":"Revenue","value":376.54156800000004,"period":"2028Q3","formula":{"op":"multiply","refs":["upside_fy28_revenue_target","upside_2028q3_weight"]},"source_url":null,"source_date":null},{"id":"upside_2028q3_adjusted_margin","case":"upside","kind":"assumption","unit":"ratio","basis":"Desk assumption, not company guidance.","label":"Non-GAAP operating margin","value":0.19,"period":"2028Q3","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q3_adjusted_operating_income","case":"upside","kind":"derived","unit":"USD_millions","basis":"Independent operating leverage scenario.","label":"Non-GAAP operating income","value":71.54289792,"period":"2028Q3","formula":{"op":"multiply","refs":["upside_2028q3_revenue","upside_2028q3_adjusted_margin"]},"source_url":null,"source_date":null},{"id":"upside_2028q3_gross_margin","case":"upside","kind":"assumption","unit":"ratio","basis":"Includes cost-of-revenue SBC and amortization; margin pressure can accompany AI/hosting usage.","label":"GAAP gross margin","value":0.87,"period":"2028Q3","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q3_gross_profit","case":"upside","kind":"derived","unit":"USD_millions","basis":"Reported-scope gross margin proxy, independent of adjusted operating profit.","label":"GAAP gross profit","value":327.59116416000006,"period":"2028Q3","formula":{"op":"multiply","refs":["upside_2028q3_revenue","upside_2028q3_gross_margin"]},"source_url":null,"source_date":null},{"id":"upside_2028q3_sbc","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Includes assumed modified/restructuring awards of $1M Q3 and $0.5M Q4; no second deduction of those awards.","label":"Total stock compensation expense","value":76.0,"period":"2028Q3","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q3_amort","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Acquired-intangible amortization","value":0.4,"period":"2028Q3","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q3_cash_restructuring","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Non-SBC portion only. Cash settlement timing is captured in working capital; retention can extend into FY2028.","label":"Non-SBC restructuring expense","value":0.0,"period":"2028Q3","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q3_donation","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Equity donation expense","value":1.0,"period":"2028Q3","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q3_adjustments","case":"upside","kind":"derived","unit":"USD_millions","basis":"Total SBC includes cost-of-revenue SBC and restructuring equity, avoiding duplicate deductions.","label":"GAAP reconciling expenses","value":77.4,"period":"2028Q3","formula":{"op":"sum","refs":["upside_2028q3_sbc","upside_2028q3_amort","upside_2028q3_cash_restructuring","upside_2028q3_donation"]},"source_url":null,"source_date":null},{"id":"upside_2028q3_operating_income","case":"upside","kind":"derived","unit":"USD_millions","basis":"Non-GAAP operating scenario less explicitly modeled exclusions.","label":"GAAP operating income","value":-5.857102080000004,"period":"2028Q3","formula":{"op":"subtract","refs":["upside_2028q3_adjusted_operating_income","upside_2028q3_adjustments"]},"source_url":null,"source_date":null},{"id":"upside_2028q3_net_interest_after_cash_tax","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Desk $11M quarterly interest income less named cash-tax allowance; no recurring JiHu tax benefit.","label":"Investment income less cash tax","value":6.0,"period":"2028Q3","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q3_cash_earnings","case":"upside","kind":"derived","unit":"USD_millions","basis":"Simplified cash earnings starting point, not a parent net-income forecast.","label":"Operating income plus investment income less cash tax","value":0.1428979199999958,"period":"2028Q3","formula":{"op":"sum","refs":["upside_2028q3_operating_income","upside_2028q3_net_interest_after_cash_tax"]},"source_url":null,"source_date":null},{"id":"upside_2028q3_depreciation","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Other depreciation","value":1.5,"period":"2028Q3","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q3_commission_amort","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Amortization of deferred commissions","value":14.5,"period":"2028Q3","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q3_before_commissions","case":"upside","kind":"derived","unit":"USD_millions","basis":"Adds only noncash charges; restructuring cash expense is not added back.","label":"Cash earnings plus noncash charges","value":93.54289792,"period":"2028Q3","formula":{"op":"sum","refs":["upside_2028q3_cash_earnings","upside_2028q3_sbc","upside_2028q3_amort","upside_2028q3_donation","upside_2028q3_depreciation","upside_2028q3_commission_amort"]},"source_url":null,"source_date":null},{"id":"upside_2028q3_commission_rate","case":"upside","kind":"assumption","unit":"ratio","basis":"Desk assumption, not company guidance.","label":"New capitalized commissions / revenue","value":0.05,"period":"2028Q3","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q3_commission_cash","case":"upside","kind":"derived","unit":"USD_millions","basis":"Capitalized acquisition costs are CFO cash use, separate from amortization.","label":"Capitalized commission cash spending","value":18.8270784,"period":"2028Q3","formula":{"op":"multiply","refs":["upside_2028q3_revenue","upside_2028q3_commission_rate"]},"source_url":null,"source_date":null},{"id":"upside_2028q3_wc","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Positive use/negative release includes billing, deferred revenue, tax and restructuring settlement timing.","label":"Other net operating cash use","value":5.0,"period":"2028Q3","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q3_operating_uses","case":"upside","kind":"derived","unit":"USD_millions","basis":"No RPO added to cash or revenue.","label":"Commission and working-capital use","value":23.8270784,"period":"2028Q3","formula":{"op":"sum","refs":["upside_2028q3_commission_cash","upside_2028q3_wc"]},"source_url":null,"source_date":null},{"id":"upside_2028q3_cfo","case":"upside","kind":"derived","unit":"USD_millions","basis":"No future special JiHu formation payment or BAPA refund is assumed.","label":"Operating cash flow","value":69.71581952,"period":"2028Q3","formula":{"op":"subtract","refs":["upside_2028q3_before_commissions","upside_2028q3_operating_uses"]},"source_url":null,"source_date":null},{"id":"upside_2028q3_capex","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"PP&E cash additions","value":2.0,"period":"2028Q3","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q3_fcf","case":"upside","kind":"derived","unit":"USD_millions","basis":"Actual cash definition before financing and acquisitions.","label":"Unadjusted cash after capex","value":67.71581952,"period":"2028Q3","formula":{"op":"subtract","refs":["upside_2028q3_cfo","upside_2028q3_capex"]},"source_url":null,"source_date":null},{"id":"upside_2028q3_special_adjustment","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Zero future special payments or refunds assumed; annual H1 adjustment remains actual.","label":"Future JiHu/BAPA FCF adjustment","value":0.0,"period":"2028Q3","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q3_adjusted_fcf","case":"upside","kind":"derived","unit":"USD_millions","basis":"Future raw and adjusted FCF coincide only under the explicit zero-special-cash assumption.","label":"Company-definition adjusted FCF","value":67.71581952,"period":"2028Q3","formula":{"op":"sum","refs":["upside_2028q3_fcf","upside_2028q3_special_adjustment"]},"source_url":null,"source_date":null},{"id":"upside_2028q4_weight","case":"upside","kind":"assumption","unit":"ratio","basis":"Desk assumption, not company guidance.","label":"Annual revenue quarter share","value":0.265,"period":"2028Q4","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q4_revenue","case":"upside","kind":"derived","unit":"USD_millions","basis":"Quarterly phasing; four shares sum to one.","label":"Revenue","value":391.30790400000006,"period":"2028Q4","formula":{"op":"multiply","refs":["upside_fy28_revenue_target","upside_2028q4_weight"]},"source_url":null,"source_date":null},{"id":"upside_2028q4_adjusted_margin","case":"upside","kind":"assumption","unit":"ratio","basis":"Desk assumption, not company guidance.","label":"Non-GAAP operating margin","value":0.19,"period":"2028Q4","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q4_adjusted_operating_income","case":"upside","kind":"derived","unit":"USD_millions","basis":"Independent operating leverage scenario.","label":"Non-GAAP operating income","value":74.34850176000002,"period":"2028Q4","formula":{"op":"multiply","refs":["upside_2028q4_revenue","upside_2028q4_adjusted_margin"]},"source_url":null,"source_date":null},{"id":"upside_2028q4_gross_margin","case":"upside","kind":"assumption","unit":"ratio","basis":"Includes cost-of-revenue SBC and amortization; margin pressure can accompany AI/hosting usage.","label":"GAAP gross margin","value":0.87,"period":"2028Q4","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q4_gross_profit","case":"upside","kind":"derived","unit":"USD_millions","basis":"Reported-scope gross margin proxy, independent of adjusted operating profit.","label":"GAAP gross profit","value":340.43787648000006,"period":"2028Q4","formula":{"op":"multiply","refs":["upside_2028q4_revenue","upside_2028q4_gross_margin"]},"source_url":null,"source_date":null},{"id":"upside_2028q4_sbc","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Includes assumed modified/restructuring awards of $1M Q3 and $0.5M Q4; no second deduction of those awards.","label":"Total stock compensation expense","value":79.0,"period":"2028Q4","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q4_amort","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Acquired-intangible amortization","value":0.4,"period":"2028Q4","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q4_cash_restructuring","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Non-SBC portion only. Cash settlement timing is captured in working capital; retention can extend into FY2028.","label":"Non-SBC restructuring expense","value":0.0,"period":"2028Q4","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q4_donation","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Equity donation expense","value":1.0,"period":"2028Q4","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q4_adjustments","case":"upside","kind":"derived","unit":"USD_millions","basis":"Total SBC includes cost-of-revenue SBC and restructuring equity, avoiding duplicate deductions.","label":"GAAP reconciling expenses","value":80.4,"period":"2028Q4","formula":{"op":"sum","refs":["upside_2028q4_sbc","upside_2028q4_amort","upside_2028q4_cash_restructuring","upside_2028q4_donation"]},"source_url":null,"source_date":null},{"id":"upside_2028q4_operating_income","case":"upside","kind":"derived","unit":"USD_millions","basis":"Non-GAAP operating scenario less explicitly modeled exclusions.","label":"GAAP operating income","value":-6.051498239999987,"period":"2028Q4","formula":{"op":"subtract","refs":["upside_2028q4_adjusted_operating_income","upside_2028q4_adjustments"]},"source_url":null,"source_date":null},{"id":"upside_2028q4_net_interest_after_cash_tax","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Desk $11M quarterly interest income less named cash-tax allowance; no recurring JiHu tax benefit.","label":"Investment income less cash tax","value":6.0,"period":"2028Q4","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q4_cash_earnings","case":"upside","kind":"derived","unit":"USD_millions","basis":"Simplified cash earnings starting point, not a parent net-income forecast.","label":"Operating income plus investment income less cash tax","value":-0.051498239999986595,"period":"2028Q4","formula":{"op":"sum","refs":["upside_2028q4_operating_income","upside_2028q4_net_interest_after_cash_tax"]},"source_url":null,"source_date":null},{"id":"upside_2028q4_depreciation","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Other depreciation","value":1.5,"period":"2028Q4","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q4_commission_amort","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"Amortization of deferred commissions","value":15.0,"period":"2028Q4","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q4_before_commissions","case":"upside","kind":"derived","unit":"USD_millions","basis":"Adds only noncash charges; restructuring cash expense is not added back.","label":"Cash earnings plus noncash charges","value":96.84850176000002,"period":"2028Q4","formula":{"op":"sum","refs":["upside_2028q4_cash_earnings","upside_2028q4_sbc","upside_2028q4_amort","upside_2028q4_donation","upside_2028q4_depreciation","upside_2028q4_commission_amort"]},"source_url":null,"source_date":null},{"id":"upside_2028q4_commission_rate","case":"upside","kind":"assumption","unit":"ratio","basis":"Desk assumption, not company guidance.","label":"New capitalized commissions / revenue","value":0.05,"period":"2028Q4","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q4_commission_cash","case":"upside","kind":"derived","unit":"USD_millions","basis":"Capitalized acquisition costs are CFO cash use, separate from amortization.","label":"Capitalized commission cash spending","value":19.565395200000005,"period":"2028Q4","formula":{"op":"multiply","refs":["upside_2028q4_revenue","upside_2028q4_commission_rate"]},"source_url":null,"source_date":null},{"id":"upside_2028q4_wc","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Positive use/negative release includes billing, deferred revenue, tax and restructuring settlement timing.","label":"Other net operating cash use","value":-40.0,"period":"2028Q4","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q4_operating_uses","case":"upside","kind":"derived","unit":"USD_millions","basis":"No RPO added to cash or revenue.","label":"Commission and working-capital use","value":-20.434604799999995,"period":"2028Q4","formula":{"op":"sum","refs":["upside_2028q4_commission_cash","upside_2028q4_wc"]},"source_url":null,"source_date":null},{"id":"upside_2028q4_cfo","case":"upside","kind":"derived","unit":"USD_millions","basis":"No future special JiHu formation payment or BAPA refund is assumed.","label":"Operating cash flow","value":117.28310656000002,"period":"2028Q4","formula":{"op":"subtract","refs":["upside_2028q4_before_commissions","upside_2028q4_operating_uses"]},"source_url":null,"source_date":null},{"id":"upside_2028q4_capex","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Desk assumption, not company guidance.","label":"PP&E cash additions","value":2.0,"period":"2028Q4","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q4_fcf","case":"upside","kind":"derived","unit":"USD_millions","basis":"Actual cash definition before financing and acquisitions.","label":"Unadjusted cash after capex","value":115.28310656000002,"period":"2028Q4","formula":{"op":"subtract","refs":["upside_2028q4_cfo","upside_2028q4_capex"]},"source_url":null,"source_date":null},{"id":"upside_2028q4_special_adjustment","case":"upside","kind":"assumption","unit":"USD_millions","basis":"Zero future special payments or refunds assumed; annual H1 adjustment remains actual.","label":"Future JiHu/BAPA FCF adjustment","value":0.0,"period":"2028Q4","formula":null,"source_url":null,"source_date":null},{"id":"upside_2028q4_adjusted_fcf","case":"upside","kind":"derived","unit":"USD_millions","basis":"Future raw and adjusted FCF coincide only under the explicit zero-special-cash assumption.","label":"Company-definition adjusted FCF","value":115.28310656000002,"period":"2028Q4","formula":{"op":"sum","refs":["upside_2028q4_fcf","upside_2028q4_special_adjustment"]},"source_url":null,"source_date":null},{"id":"upside_fy2027_revenue","case":"upside","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"Consolidated revenue ($M)","value":1153.6200000000001,"period":"FY2027","formula":{"op":"sum","refs":["h1_revenue","upside_2027q3_revenue","upside_2027q4_revenue"]},"source_url":null,"source_date":null},{"id":"upside_fy2027_gross_profit","case":"upside","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"GAAP gross profit ($M)","value":992.0769600000001,"period":"FY2027","formula":{"op":"sum","refs":["h1_gross_profit","upside_2027q3_gross_profit","upside_2027q4_gross_profit"]},"source_url":null,"source_date":null},{"id":"upside_fy2027_adjusted_operating_income","case":"upside","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"Non-GAAP operating income ($M)","value":165.0,"period":"FY2027","formula":{"op":"sum","refs":["h1_adjusted_operating_income","upside_2027q3_adjusted_operating_income","upside_2027q4_adjusted_operating_income"]},"source_url":null,"source_date":null},{"id":"upside_fy2027_operating_income","case":"upside","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"GAAP operating income ($M)","value":-134.784,"period":"FY2027","formula":{"op":"sum","refs":["h1_operating_income","upside_2027q3_operating_income","upside_2027q4_operating_income"]},"source_url":null,"source_date":null},{"id":"upside_fy2027_cfo","case":"upside","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"Operating cash flow ($M)","value":264.3446,"period":"FY2027","formula":{"op":"sum","refs":["h1_cfo","upside_2027q3_cfo","upside_2027q4_cfo"]},"source_url":null,"source_date":null},{"id":"upside_fy2027_capex","case":"upside","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"Cash PP&E additions ($M)","value":5.606,"period":"FY2027","formula":{"op":"sum","refs":["h1_capex","upside_2027q3_capex","upside_2027q4_capex"]},"source_url":null,"source_date":null},{"id":"upside_fy2027_fcf","case":"upside","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"Unadjusted CFO less capex ($M)","value":258.7386,"period":"FY2027","formula":{"op":"sum","refs":["h1_fcf","upside_2027q3_fcf","upside_2027q4_fcf"]},"source_url":null,"source_date":null},{"id":"upside_fy2027_adjusted_fcf","case":"upside","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"Company-definition adjusted FCF ($M)","value":271.71659999999997,"period":"FY2027","formula":{"op":"sum","refs":["h1_adjusted_fcf","upside_2027q3_adjusted_fcf","upside_2027q4_adjusted_fcf"]},"source_url":null,"source_date":null},{"id":"upside_fy2028_revenue","case":"upside","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"Consolidated revenue ($M)","value":1476.6336000000001,"period":"FY2028","formula":{"op":"sum","refs":["upside_2028q1_revenue","upside_2028q2_revenue","upside_2028q3_revenue","upside_2028q4_revenue"]},"source_url":null,"source_date":null},{"id":"upside_fy2028_gross_profit","case":"upside","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"GAAP gross profit ($M)","value":1284.6712320000001,"period":"FY2028","formula":{"op":"sum","refs":["upside_2028q1_gross_profit","upside_2028q2_gross_profit","upside_2028q3_gross_profit","upside_2028q4_gross_profit"]},"source_url":null,"source_date":null},{"id":"upside_fy2028_adjusted_operating_income","case":"upside","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"Non-GAAP operating income ($M)","value":280.560384,"period":"FY2028","formula":{"op":"sum","refs":["upside_2028q1_adjusted_operating_income","upside_2028q2_adjusted_operating_income","upside_2028q3_adjusted_operating_income","upside_2028q4_adjusted_operating_income"]},"source_url":null,"source_date":null},{"id":"upside_fy2028_operating_income","case":"upside","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"GAAP operating income ($M)","value":-24.03961600000001,"period":"FY2028","formula":{"op":"sum","refs":["upside_2028q1_operating_income","upside_2028q2_operating_income","upside_2028q3_operating_income","upside_2028q4_operating_income"]},"source_url":null,"source_date":null},{"id":"upside_fy2028_cfo","case":"upside","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"Operating cash flow ($M)","value":392.728704,"period":"FY2028","formula":{"op":"sum","refs":["upside_2028q1_cfo","upside_2028q2_cfo","upside_2028q3_cfo","upside_2028q4_cfo"]},"source_url":null,"source_date":null},{"id":"upside_fy2028_capex","case":"upside","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"Cash PP&E additions ($M)","value":8.0,"period":"FY2028","formula":{"op":"sum","refs":["upside_2028q1_capex","upside_2028q2_capex","upside_2028q3_capex","upside_2028q4_capex"]},"source_url":null,"source_date":null},{"id":"upside_fy2028_fcf","case":"upside","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"Unadjusted CFO less capex ($M)","value":384.728704,"period":"FY2028","formula":{"op":"sum","refs":["upside_2028q1_fcf","upside_2028q2_fcf","upside_2028q3_fcf","upside_2028q4_fcf"]},"source_url":null,"source_date":null},{"id":"upside_fy2028_adjusted_fcf","case":"upside","kind":"derived","unit":"USD_millions","basis":"Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters.","label":"Company-definition adjusted FCF ($M)","value":384.728704,"period":"FY2028","formula":{"op":"sum","refs":["upside_2028q1_adjusted_fcf","upside_2028q2_adjusted_fcf","upside_2028q3_adjusted_fcf","upside_2028q4_adjusted_fcf"]},"source_url":null,"source_date":null}],"title":"Bookings conversion, restructuring and unadjusted cash","method":"Anchor FY2027 and Q3 revenue and non-GAAP operating income to September guidance, then derive Q4 after reported H1. Extend FY2028 with explicit growth and operating margin assumptions. Reconcile adjusted operating profit to GAAP by deducting total SBC, acquired-intangible amortization, non-SBC restructuring and equity donations. Build CFO from operating earnings, investment income, cash taxes, noncash charges, capitalized commissions and billing timing. Show raw cash after capex separately from company adjusted FCF.","metrics":{"cfo":"Operating cash flow ($M)","fcf":"Unadjusted CFO less capex ($M)","capex":"Cash PP&E additions ($M)","revenue":"Consolidated revenue ($M)","adjusted_fcf":"Company-definition adjusted FCF ($M)","gross_profit":"GAAP gross profit ($M)","operating_income":"GAAP operating income ($M)","adjusted_operating_income":"Non-GAAP operating income ($M)"},"outputs":[{"case":"downside","period":"2027Q3","values":{"cfo":-2.8770000000000024,"fcf":-4.3770000000000024,"capex":1.5,"revenue":273.54,"adjusted_fcf":-4.3770000000000024,"gross_profit":224.3028,"operating_income":-48.2,"adjusted_operating_income":28.8},"metrics":{"cfo":"downside_2027q3_cfo","fcf":"downside_2027q3_fcf","capex":"downside_2027q3_capex","revenue":"downside_2027q3_revenue","adjusted_fcf":"downside_2027q3_adjusted_fcf","gross_profit":"downside_2027q3_gross_profit","operating_income":"downside_2027q3_operating_income","adjusted_operating_income":"downside_2027q3_adjusted_operating_income"},"frequency":"quarter","period_end":"2026-10-31"},{"case":"downside","period":"2027Q4","values":{"cfo":23.944100000000013,"fcf":22.444100000000013,"capex":1.5,"revenue":273.1179999999999,"adjusted_fcf":22.444100000000013,"gross_profit":223.9567599999999,"operating_income":-62.89999999999999,"adjusted_operating_income":11.100000000000005},"metrics":{"cfo":"downside_2027q4_cfo","fcf":"downside_2027q4_fcf","capex":"downside_2027q4_capex","revenue":"downside_2027q4_revenue","adjusted_fcf":"downside_2027q4_adjusted_fcf","gross_profit":"downside_2027q4_gross_profit","operating_income":"downside_2027q4_operating_income","adjusted_operating_income":"downside_2027q4_adjusted_operating_income"},"frequency":"quarter","period_end":"2027-01-31"},{"case":"downside","period":"2028Q1","values":{"cfo":78.21241767999999,"fcf":76.21241767999999,"capex":2.0,"revenue":288.74882399999996,"adjusted_fcf":76.21241767999999,"gross_profit":236.77403567999994,"operating_income":-36.75014112000001,"adjusted_operating_income":34.64985888},"metrics":{"cfo":"downside_2028q1_cfo","fcf":"downside_2028q1_fcf","capex":"downside_2028q1_capex","revenue":"downside_2028q1_revenue","adjusted_fcf":"downside_2028q1_adjusted_fcf","gross_profit":"downside_2028q1_gross_profit","operating_income":"downside_2028q1_operating_income","adjusted_operating_income":"downside_2028q1_adjusted_operating_income"},"frequency":"quarter","period_end":"2027-04-30"},{"case":"downside","period":"2028Q2","values":{"cfo":-2.427479440000006,"fcf":-4.427479440000006,"capex":2.0,"revenue":301.036008,"adjusted_fcf":-4.427479440000006,"gross_profit":246.84952655999996,"operating_income":-33.27567904000001,"adjusted_operating_income":36.12432096},"metrics":{"cfo":"downside_2028q2_cfo","fcf":"downside_2028q2_fcf","capex":"downside_2028q2_capex","revenue":"downside_2028q2_revenue","adjusted_fcf":"downside_2028q2_adjusted_fcf","gross_profit":"downside_2028q2_gross_profit","operating_income":"downside_2028q2_operating_income","adjusted_operating_income":"downside_2028q2_adjusted_operating_income"},"frequency":"quarter","period_end":"2027-07-31"},{"case":"downside","period":"FY2027","values":{"cfo":167.1721,"fcf":161.5661,"capex":5.606,"revenue":1097.07,"adjusted_fcf":174.54410000000001,"gross_profit":915.5455599999999,"operating_income":-183.784,"adjusted_operating_income":120.0},"metrics":{"cfo":"downside_fy2027_cfo","fcf":"downside_fy2027_fcf","capex":"downside_fy2027_capex","revenue":"downside_fy2027_revenue","adjusted_fcf":"downside_fy2027_adjusted_fcf","gross_profit":"downside_fy2027_gross_profit","operating_income":"downside_fy2027_operating_income","adjusted_operating_income":"downside_fy2027_adjusted_operating_income"},"frequency":"year","period_end":"2027-01-31"},{"case":"downside","period":"FY2028","values":{"cfo":140.01028799999995,"fcf":132.01028799999995,"capex":8.0,"revenue":1228.7184,"adjusted_fcf":132.01028799999995,"gross_profit":1007.5490879999999,"operating_income":-135.15379200000004,"adjusted_operating_income":147.44620799999998},"metrics":{"cfo":"downside_fy2028_cfo","fcf":"downside_fy2028_fcf","capex":"downside_fy2028_capex","revenue":"downside_fy2028_revenue","adjusted_fcf":"downside_fy2028_adjusted_fcf","gross_profit":"downside_fy2028_gross_profit","operating_income":"downside_fy2028_operating_income","adjusted_operating_income":"downside_fy2028_adjusted_operating_income"},"frequency":"year","period_end":"2028-01-31"},{"case":"base","period":"2027Q3","values":{"cfo":22.4,"fcf":20.9,"capex":1.5,"revenue":282.0,"adjusted_fcf":20.9,"gross_profit":239.7,"operating_income":-36.5,"adjusted_operating_income":36.0},"metrics":{"cfo":"base_2027q3_cfo","fcf":"base_2027q3_fcf","capex":"base_2027q3_capex","revenue":"base_2027q3_revenue","adjusted_fcf":"base_2027q3_adjusted_fcf","gross_profit":"base_2027q3_gross_profit","operating_income":"base_2027q3_operating_income","adjusted_operating_income":"base_2027q3_adjusted_operating_income"},"frequency":"quarter","period_end":"2026-10-31"},{"case":"base","period":"2027Q4","values":{"cfo":62.970600000000005,"fcf":61.470600000000005,"capex":1.5,"revenue":298.58799999999997,"adjusted_fcf":61.470600000000005,"gross_profit":253.79979999999998,"operating_income":-36.599999999999994,"adjusted_operating_income":33.900000000000006},"metrics":{"cfo":"base_2027q4_cfo","fcf":"base_2027q4_fcf","capex":"base_2027q4_capex","revenue":"base_2027q4_revenue","adjusted_fcf":"base_2027q4_adjusted_fcf","gross_profit":"base_2027q4_gross_profit","operating_income":"base_2027q4_operating_income","adjusted_operating_income":"base_2027q4_adjusted_operating_income"},"frequency":"quarter","period_end":"2027-01-31"},{"case":"base","period":"2028Q1","values":{"cfo":126.08362,"fcf":124.08362,"capex":2.0,"revenue":318.942,"adjusted_fcf":124.08362,"gross_profit":271.1007,"operating_income":-18.369280000000003,"adjusted_operating_income":51.03072},"metrics":{"cfo":"base_2028q1_cfo","fcf":"base_2028q1_fcf","capex":"base_2028q1_capex","revenue":"base_2028q1_revenue","adjusted_fcf":"base_2028q1_adjusted_fcf","gross_profit":"base_2028q1_gross_profit","operating_income":"base_2028q1_operating_income","adjusted_operating_income":"base_2028q1_adjusted_operating_income"},"frequency":"quarter","period_end":"2027-04-30"},{"case":"base","period":"2028Q2","values":{"cfo":34.07653999999999,"fcf":32.07653999999999,"capex":2.0,"revenue":332.514,"adjusted_fcf":32.07653999999999,"gross_profit":282.6369,"operating_income":-17.197760000000002,"adjusted_operating_income":53.20224},"metrics":{"cfo":"base_2028q2_cfo","fcf":"base_2028q2_fcf","capex":"base_2028q2_capex","revenue":"base_2028q2_revenue","adjusted_fcf":"base_2028q2_adjusted_fcf","gross_profit":"base_2028q2_gross_profit","operating_income":"base_2028q2_operating_income","adjusted_operating_income":"base_2028q2_adjusted_operating_income"},"frequency":"quarter","period_end":"2027-07-31"},{"case":"base","period":"FY2027","values":{"cfo":231.4756,"fcf":225.8696,"capex":5.606,"revenue":1131.0,"adjusted_fcf":238.8476,"gross_profit":960.7858,"operating_income":-145.784,"adjusted_operating_income":150.0},"metrics":{"cfo":"base_fy2027_cfo","fcf":"base_fy2027_fcf","capex":"base_fy2027_capex","revenue":"base_fy2027_revenue","adjusted_fcf":"base_fy2027_adjusted_fcf","gross_profit":"base_fy2027_gross_profit","operating_income":"base_fy2027_operating_income","adjusted_operating_income":"base_fy2027_adjusted_operating_income"},"frequency":"year","period_end":"2027-01-31"},{"case":"base","period":"FY2028","values":{"cfo":299.29200000000003,"fcf":291.29200000000003,"capex":8.0,"revenue":1357.2,"adjusted_fcf":291.29200000000003,"gross_profit":1153.62,"operating_income":-69.44800000000001,"adjusted_operating_income":217.152},"metrics":{"cfo":"base_fy2028_cfo","fcf":"base_fy2028_fcf","capex":"base_fy2028_capex","revenue":"base_fy2028_revenue","adjusted_fcf":"base_fy2028_adjusted_fcf","gross_profit":"base_fy2028_gross_profit","operating_income":"base_fy2028_operating_income","adjusted_operating_income":"base_fy2028_adjusted_operating_income"},"frequency":"year","period_end":"2028-01-31"},{"case":"upside","period":"2027Q3","values":{"cfo":35.218,"fcf":33.718,"capex":1.5,"revenue":287.64,"adjusted_fcf":33.718,"gross_profit":250.24679999999998,"operating_income":-34.4,"adjusted_operating_income":39.6},"metrics":{"cfo":"upside_2027q3_cfo","fcf":"upside_2027q3_fcf","capex":"upside_2027q3_capex","revenue":"upside_2027q3_revenue","adjusted_fcf":"upside_2027q3_adjusted_fcf","gross_profit":"upside_2027q3_gross_profit","operating_income":"upside_2027q3_operating_income","adjusted_operating_income":"upside_2027q3_adjusted_operating_income"},"frequency":"quarter","period_end":"2026-10-31"},{"case":"upside","period":"2027Q4","values":{"cfo":83.0216,"fcf":81.5216,"capex":1.5,"revenue":315.5680000000001,"adjusted_fcf":81.5216,"gross_profit":274.5441600000001,"operating_income":-27.699999999999996,"adjusted_operating_income":45.300000000000004},"metrics":{"cfo":"upside_2027q4_cfo","fcf":"upside_2027q4_fcf","capex":"upside_2027q4_capex","revenue":"upside_2027q4_revenue","adjusted_fcf":"upside_2027q4_adjusted_fcf","gross_profit":"upside_2027q4_gross_profit","operating_income":"upside_2027q4_operating_income","adjusted_operating_income":"upside_2027q4_adjusted_operating_income"},"frequency":"quarter","period_end":"2027-01-31"},{"case":"upside","period":"2028Q1","values":{"cfo":148.58124543999998,"fcf":146.58124543999998,"capex":2.0,"revenue":347.008896,"adjusted_fcf":146.58124543999998,"gross_profit":301.89773952,"operating_income":-6.468309760000011,"adjusted_operating_income":65.93169024},"metrics":{"cfo":"upside_2028q1_cfo","fcf":"upside_2028q1_fcf","capex":"upside_2028q1_capex","revenue":"upside_2028q1_revenue","adjusted_fcf":"upside_2028q1_adjusted_fcf","gross_profit":"upside_2028q1_gross_profit","operating_income":"upside_2028q1_operating_income","adjusted_operating_income":"upside_2028q1_adjusted_operating_income"},"frequency":"quarter","period_end":"2027-04-30"},{"case":"upside","period":"2028Q2","values":{"cfo":57.14853248,"fcf":55.14853248,"capex":2.0,"revenue":361.775232,"adjusted_fcf":55.14853248,"gross_profit":314.74445184,"operating_income":-5.662705920000008,"adjusted_operating_income":68.73729408},"metrics":{"cfo":"upside_2028q2_cfo","fcf":"upside_2028q2_fcf","capex":"upside_2028q2_capex","revenue":"upside_2028q2_revenue","adjusted_fcf":"upside_2028q2_adjusted_fcf","gross_profit":"upside_2028q2_gross_profit","operating_income":"upside_2028q2_operating_income","adjusted_operating_income":"upside_2028q2_adjusted_operating_income"},"frequency":"quarter","period_end":"2027-07-31"},{"case":"upside","period":"FY2027","values":{"cfo":264.3446,"fcf":258.7386,"capex":5.606,"revenue":1153.6200000000001,"adjusted_fcf":271.71659999999997,"gross_profit":992.0769600000001,"operating_income":-134.784,"adjusted_operating_income":165.0},"metrics":{"cfo":"upside_fy2027_cfo","fcf":"upside_fy2027_fcf","capex":"upside_fy2027_capex","revenue":"upside_fy2027_revenue","adjusted_fcf":"upside_fy2027_adjusted_fcf","gross_profit":"upside_fy2027_gross_profit","operating_income":"upside_fy2027_operating_income","adjusted_operating_income":"upside_fy2027_adjusted_operating_income"},"frequency":"year","period_end":"2027-01-31"},{"case":"upside","period":"FY2028","values":{"cfo":392.728704,"fcf":384.728704,"capex":8.0,"revenue":1476.6336000000001,"adjusted_fcf":384.728704,"gross_profit":1284.6712320000001,"operating_income":-24.03961600000001,"adjusted_operating_income":280.560384},"metrics":{"cfo":"upside_fy2028_cfo","fcf":"upside_fy2028_fcf","capex":"upside_fy2028_capex","revenue":"upside_fy2028_revenue","adjusted_fcf":"upside_fy2028_adjusted_fcf","gross_profit":"upside_fy2028_gross_profit","operating_income":"upside_fy2028_operating_income","adjusted_operating_income":"upside_fy2028_adjusted_operating_income"},"frequency":"year","period_end":"2028-01-31"}],"highlights":["fy27_revenue_guide","q3_revenue_guide","fy27_op_guide","restructuring_total_guide","h1_restructuring","h1_fcf","h1_adjusted_fcf","q2_fcf","q2_adjusted_fcf","current_rpo","liquidity","jihu_cash_balance","h1_buybacks"],"limitations":["Bookings, RPO and net ARR growth are leading indicators, not additional revenue. The model does not invent AI product revenue or assume seats and usage credits have identical economics.","Forecast GAAP gross margin is an independent desk assumption. Non-GAAP operating guidance is reconciled to GAAP with explicitly estimated excluded expenses, not claimed as GAAP company guidance.","Restructuring stock compensation is included within total SBC; only non-SBC restructuring is deducted again. Total H1 restructuring was $23.286M, including $3.864M SBC.","JiHu remains consolidated at approximately 54% ownership. The model forecasts consolidated operating/cash outcomes, not parent EPS or a liquidation value of joint-venture cash.","Company adjusted FCF adds back JiHu formation payments and removes BAPA refunds. Raw FCF retains both. No additional JiHu settlement or BAPA refund is assumed after H1.","Cash taxes, commission capitalization and working capital are simplified. Future buybacks, acquisitions, financing and share-count changes are outside FCF and no forward EPS is published."],"reviewed_at":"2026-09-19","schema_version":"operating_model.v1"}}