Total net revenue increased 18% to $7.21 billion for fiscal year 2026, compared to $6.13 billion in fiscal year 2025. Recurring revenue remained strong at 97% of net revenue for both fiscal years 2026 and 2025. Net Revenue Retention Rate (NR3) was above the 100% and 110% range on a constant currency basis for both fiscal years 2026 and 2025. Remaining Performance Obligations (RPO) grew 20% to $8.30 billion, with current RPO increasing 23% to $5.48 billion. Cash flow from operations significantly increased to $2.45 billion in fiscal 2026 from $1.61 billion in fiscal 2025. Net income slightly increased to $1.124 billion, with diluted net income per share at $5.23 for fiscal 2026. Direct sales channel revenue surged 78% to $4.56 billion in fiscal 2026, now representing 63% of total net revenue, reflecting a strategic shift away from indirect channels. The company initiated two restructuring plans in fiscal 2026, resulting in $216 million in charges, including a planned reduction of approximately 7% of its workforce (approximately 1,000 employees). An internal investigation into free cash flow and non-GAAP operating margin practices, and related SEC/USAO inquiries, were closed in August 2025. A federal securities class action complaint and a third stockholder derivative complaint were dismissed with prejudice and voluntarily dismissed, respectively, in early 2026.