Computer Hardware: Revenue disaggregation (ASC 606)

The following table depicts the disaggregation of revenue by geographic area based on the billing address of our customers and is consistent with how we evaluate our financial performance (in thousands):

Fiscal Year Ended
2024	2025	2026
United States	1,979,325	2,207,375	2,464,546
Rest of the world	851,296	960,789	1,198,297
Total revenue	2,830,621	3,168,164	3,662,843

Long-Lived Assets by Geographic Area

Long-lived assets, which are comprised of property and equipment, net, by geographic area are summarized as follows (in thousands):

At the End of Fiscal
2025	2026
United States	448,035	569,932
Rest of the world	13,696	17,090
Total long-lived assets	461,731	587,022

Note 16. Employee Benefits and Deferred Compensation

We have a 401(k) savings plan (the 401(k) plan) which qualifies as a deferred salary arrangement under section 401(k) of the Internal Revenue Code. Under the 401(k) plan, participating employees may elect to contribute up to 85 % of their eligible compensation, subject to certain limitations. We currently match 50 % of employees’ contributions up to a maximum of $ 4,000 annually. Matching contributions immediately vest. Our contributions to the plan were $ 13.5 million, $ 14.1 million and $ 14.7 million during fiscal 2024, 2025 and 2026.

We have a NQDC whereby executive officers, senior management and members of our Board of Directors may elect to defer compensation payable to them in excess of the IRS limits imposed on 401(k) plans. Deferred compensation payments are held in investment accounts that reside in a trust. The fair value of the deferred compensation plan assets and liabilities under the NQDC was $ 8.4 million and $ 15.9 million at the end of fiscal 2025 and 2026.

Note 17. Subsequent Events

On February 20, 2026, we entered into a definitive agreement to acquire 100 % of the equity interests in 1touch, an innovator in data intelligence and orchestration that provides a comprehensive, unified view of an enterprise's information, for total stated cash consideration of $ 125.0 million, subject to customary closing adjustments including net working capital, closing indebtedness, closing cash, and transaction expenses as defined in the agreement. The transaction, which is expected to close in the second quarter of fiscal 2027, remains subject to satisfaction of customary closing conditions.

Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure.

None.

Item 9A. Controls and Procedures.

Evaluation of Disclosure Controls and Procedures