New Relic (NEWR) 10-Q 5 Aug 20 2021 Q1 Quarterly report Financial data

Cover Page

Cover Page - shares	3 Months Ended
	Jun. 30, 2020	Jul. 30, 2020
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2020
Document Transition Report	false
Entity File Number	001-36766
Entity Registrant Name	New Relic, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	26-2017431
Entity Address, Address Line One	188 Spear Street
Entity Address, Address Line Two	Suite 1000
Entity Address, City or Town	San Francisco
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	94105
City Area Code	650
Local Phone Number	777-7600
Title of 12(b) Security	Common Stock, par value $0.001 per share
Trading Symbol	NEWR
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		60,243,993
Entity Central Index Key	0001448056
Current Fiscal Year End Date	--03-31
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q1
Amendment Flag	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2020	Mar. 31, 2020
Current assets:
Cash and cash equivalents	$ 256,879	$ 292,523
Short-term investments	572,011	512,574
Accounts receivable, net of allowances of $3,135 and $3,636, respectively	111,296	147,361
Prepaid expenses and other current assets	19,853	15,979
Deferred contract acquisition costs	32,612	32,016
Total current assets	992,651	1,000,453
Property and equipment, net	100,651	100,294
Restricted cash	5,642	5,641
Goodwill	45,112	45,112
Intangible assets, net	12,415	13,691
Deferred contract acquisition costs, non-current	27,894	28,141
Lease right-of-use assets	59,985	57,777
Other assets, non-current	7,750	7,325
Total assets	1,252,100	1,258,434
Current liabilities:
Accounts payable	7,925	12,565
Accrued compensation and benefits	31,105	29,054
Other current liabilities	11,885	13,120
Deferred revenue	297,290	313,161
Lease liabilities	4,693	8,682
Total current liabilities	352,898	376,582
Convertible senior notes, net	432,510	427,044
Lease liabilities, non-current	62,730	57,394
Deferred revenue, non-current	2,564	3,166
Other liabilities, non-current	7,268	1,940
Total liabilities	857,970	866,126
Commitments and contingencies (Note 10)
Redeemable non-controlling interest	1,273	1,669
Stockholders’ equity:
Common stock, $0.001 par value; 100,000 shares authorized at June 30, 2020 and March 31, 2020; 60,502 shares and 60,098 shares issued at June 30, 2020 and March 31, 2020; and 60,242 shares and 59,838 shares outstanding at June 30, 2020 and March 31, 2020	60	60
Treasury stock - at cost (260 shares)	(263)	(263)
Additional paid-in capital	813,212	780,479
Accumulated other comprehensive income	4,110	4,869
Accumulated deficit	(424,262)	(394,506)
Total stockholders’ equity	392,857	390,639
Total liabilities, redeemable non-controlling interest and stockholders’ equity	$ 1,252,100	$ 1,258,434

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2020	Mar. 31, 2020
Statement of Financial Position [Abstract]
Allowance for doubtful accounts	$ 3,135	$ 3,636
Common stock, par value (in usd per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	100,000,000	100,000,000
Common stock, shares issued (in shares)	60,502,000	60,098,000
Common stock, shares outstanding (in shares)	60,242,000	59,838,000
Treasury stock, shares (in shares)	260,000	260,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Income Statement [Abstract]
Revenue	$ 162,585	$ 141,010
Cost of revenue	33,273	23,613
Gross profit	129,312	117,397
Operating expenses:
Research and development	40,844	34,339
Sales and marketing	85,136	76,850
General and administrative	29,434	23,100
Total operating expenses	155,414	134,289
Loss from operations	(26,102)	(16,892)
Other income (expense):
Interest income	2,781	4,140
Interest expense	(6,104)	(5,819)
Other income (expense), net	(395)	2,978
Loss before income taxes	(29,820)	(15,593)
Income tax provision (benefit)	332	(36)
Net loss	(30,152)	(15,557)
Net loss attributable to redeemable non-controlling interest	396	388
Net loss attributable to New Relic	$ (29,756)	$ (15,169)
Net loss attributable to New Relic per share, basic and diluted (in dollars per share)	$ (0.50)	$ (0.26)
Weighted-average shares used to compute net loss per share, basic and diluted (in shares)	59,927	57,944

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Loss - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Statement of Comprehensive Income [Abstract]
Net loss attributable to New Relic	$ (29,756)	$ (15,169)
Other comprehensive income (loss):
Unrealized gain (loss) on available-for-sale securities, net of tax	(759)	1,496
Comprehensive loss	$ (30,515)	$ (13,673)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Stockholders' Equity - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock	Additional Paid-In Capital	Treasury Stock	Accumulated Other Comprehensive Income (Loss)	Accumulated Deficit
Beginning balance (in shares) at Mar. 31, 2019		58,366		260
Beginning balance at Mar. 31, 2019	$ 349,630	$ 58	$ 654,759	$ (263)	$ 645	$ (305,569)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock upon exercise of stock options (in shares)		84
Issuance of common stock upon exercise of stock options	2,271		2,271
Issuance of common stock for vested restricted stock units (in shares)		205
Issuance of common stock for vested restricted stock units	0
Stock-based compensation expense	21,503		21,503
Other comprehensive income (loss), net	1,496				1,496
Net loss attributable to New Relic	(15,169)					(15,169)
Ending balance (in shares) at Jun. 30, 2019		58,655		260
Ending balance at Jun. 30, 2019	359,731	$ 58	678,533	$ (263)	2,141	(320,738)
Beginning balance (in shares) at Mar. 31, 2020		60,098		260
Beginning balance at Mar. 31, 2020	$ 390,639	$ 60	780,479	$ (263)	4,869	(394,506)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock upon exercise of stock options (in shares)	50	50
Issuance of common stock upon exercise of stock options	$ 1,474		1,474
Issuance of common stock for vested restricted stock units (in shares)		354
Issuance of common stock for vested restricted stock units	0
Stock-based compensation expense	31,259		31,259
Other comprehensive income (loss), net	(759)				(759)
Net loss attributable to New Relic	(29,756)					(29,756)
Ending balance (in shares) at Jun. 30, 2020		60,502		260
Ending balance at Jun. 30, 2020	$ 392,857	$ 60	$ 813,212	$ (263)	$ 4,110	$ (424,262)

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Cash flows from operating activities:
Net loss attributable to New Relic	$ (29,756)	$ (15,169)
Net loss attributable to redeemable non-controlling interest (Note 3)	(396)	(388)
Net loss:	(30,152)	(15,557)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	21,051	16,170
Stock-based compensation expense	31,208	21,188
Amortization of debt discount and issuance costs	5,466	5,165
Gain on lease modification	0	(3,006)
Other	(222)	(2,477)
Changes in operating assets and liabilities:
Accounts receivable, net	36,065	36,432
Prepaid expenses and other assets	(3,155)	459
Deferred contract acquisition costs	(9,388)	(9,819)
Lease right-of-use assets	(2,249)	14,923
Accounts payable	(3,923)	2,532
Accrued compensation and benefits and other liabilities	5,573	523
Lease liabilities	1,347	(13,806)
Deferred revenue	(16,473)	(16,211)
Net cash provided by operating activities	35,148	36,516
Cash flows from investing activities:
Purchases of property and equipment	(8,225)	(16,234)
Purchases of short-term investments	(73,422)	(149,102)
Proceeds from sale and maturity of short-term investments	13,100	121,330
Capitalized software development costs	(3,668)	(1,383)
Net cash used in investing activities	(72,215)	(45,389)
Cash flows from financing activities:
Proceeds from exercise of employee stock options	1,424	2,271
Net cash provided by financing activities	1,424	2,271
Net decrease in cash, cash equivalents and restricted cash	(35,643)	(6,602)
Cash, cash equivalents and restricted cash at beginning of period	298,164	243,161
Cash, cash equivalents and restricted cash at end of period	262,521	236,559
Supplemental disclosure of cash flow information:
Cash paid for interest and income taxes	1,415	1,432
Noncash investing and financing activities:
Property and equipment purchased but not yet paid	$ 1,265	$ 9,593

Description of Business and Sum

Description of Business and Summary of Significant Accounting Policies	3 Months Ended
	Jun. 30, 2020
Accounting Policies [Abstract]
Description of Business and Summary of Significant Accounting Policies	Description of Business and Summary of Significant Accounting Policies New Relic, Inc. (the “Company” or “New Relic”) was incorporated in Delaware on February 20, 2008, when it converted from a Delaware limited liability company called New Relic Software, LLC, which was formed in Delaware in September 2007. The Company provides a strategic observability platform that enables users to collect, store and analyze vast quantities of telemetry data flowing from applications and infrastructure to monitor, troubleshoot, and optimize their software. Basis of Presentation —These unaudited condensed consolidated financial statements have been prepared in accordance with United States generally accepted accounting principles (“GAAP”) and applicable rules and regulations of the Securities and Exchange Commission (“SEC”) regarding interim financial reporting. Certain information and note disclosures normally included in the financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. Therefore, these condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes included in the Company’s Annual Report on Form 10-K for the fiscal year ended March 31, 2020, as filed with the SEC on May 14, 2020 (the “Annual Report”). In the opinion of management, the unaudited condensed consolidated financial statements reflect all normal recurring adjustments necessary to present fairly the financial position, results of operations, comprehensive loss, stockholders’ equity and cash flows for the interim period, but are not necessarily indicative of the results of operations to be anticipated for the full fiscal year ending March 31, 2021. The condensed consolidated balance sheet as of March 31, 2020 included herein was derived from the audited financial statements as of that date. Use of Estimates —The preparation of the Company’s consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of income and expenses during the reporting period. Significant items subject to such estimates and assumptions include the fair value of share-based awards, fair value of purchased intangible assets and goodwill, fair value of debt and equity components related to the 0.5% convertible senior notes due 2023 (the “Notes”), useful lives of purchased intangible assets, unrecognized tax benefits, expected benefit period for deferred commissions, incremental borrowing rate used for operating lease liabilities, and the capitalization and estimated useful life of the Company’s software development costs. These estimates are based on information available as of the date of the consolidated financial statements; therefore, actual results could differ from management’s estimates. COVID-19 —The worldwide spread of COVID-19 has resulted in a global slowdown of economic activity that is expected to continue and which is likely to decrease demand for a broad variety of goods and services, while also disrupting sales channels and marketing activities for an unknown period of time until the disease is contained. The Company currently expects its revenue and deferred revenue to be negatively impacted by the slowdown in activity associated with the COVID-19 pandemic for the fiscal year ending March 31, 2021, but at this point, the extent of the impact to the Company’s financial condition or results of operations is uncertain, and as of the date of issuance of these financial statements, management is not aware of any specific event or circumstance that would require an update to estimates and judgments or revising the carrying value of its assets or liabilities. These estimates may change as new events occur and additional information is obtained, and will be recognized in the condensed consolidated financial statements as soon as they become known. Actual results could differ from those estimates and any such differences may be material to the financial statements. Concentration of Risk —There was no customer that represented more than 10% of the Company’s accounts receivable balance as of June 30, 2020 or March 31, 2020. There was no customer that individually exceeded 10% of the Company’s revenue during the three months ended June 30, 2020 or 2019. Recently Adopted Accounting Pronouncements In June 2016, the Financial Accounting Standards Board (FASB) issued ASU 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments , which amends guidance on reporting credit losses for assets held at amortized cost basis and available-for-sale debt securities. The Company adopted this new standard on April 1, 2020. The adoption of this standard did not have a material impact on its condensed consolidated financial statements. Under the new standard, the Company assesses credit losses on accounts receivable by taking into consideration past collection experience, credit quality of the customer, age of the receivable balance, current economic conditions, and forecasts that affect the collectability of the reported amount. With respect to available-for-sale debt securities, the updated guidance requires that credit losses be presented as an allowance rather than as a write-down. Allowance for credit losses is recorded in other income (expense), net on the condensed consolidated statements of operations, limited by the amount that fair value is less than the amortized cost basis. Non-credit related impairment losses are reported as a separate component on the condensed consolidated statements of comprehensive loss. In January 2017, the FASB issued ASU 2017-04, Intangibles-Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment , which eliminates Step 2 from the goodwill impairment test. The Company adopted this standard on April 1, 2020. The adoption of this standard did not have a material impact on its condensed consolidated financial statements or disclosures. In August 2018, the FASB issued ASU 2018-13, Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement (“ASU 2018-13”), which amends ASC 820, Fair Value Measurement. ASU 2018-13 modifies the disclosure requirements for fair value measurements by removing, modifying, or adding certain disclosures. The removed and modified disclosures will be adopted on a retrospective basis and the new disclosures will be adopted on a prospective basis. The Company adopted this standard on April 1, 2020. The adoption of this standard did not have a material impact on its condensed consolidated financial statements. In December 2019, the FASB issued ASU 2019-12, Income Taxes (Topic 740)

Business Combinations

Business Combinations	3 Months Ended
	Jun. 30, 2020
Business Combinations [Abstract]
Business Combinations	Business Combinations IOpipe, Inc. On October 31, 2019, the Company acquired certain assets of IOpipe, Inc., a company that provides monitoring tools for serverless applications, for $5.1 million in cash. The Company held back approximately $0.9 million from the aggregate purchase price which has been accrued as a liability. Of the total purchase price, $1.5 million was allocated to acquired technology with an estimated useful life of three years with the excess $3.6 million of the purchase price over the fair value of the intangible assets acquired recorded as goodwill. The acquisition has been accounted for as a business combination under the acquisition method. Goodwill and other intangibles generated from the acquisition are attributable to expected synergies from future growth and potential future monetization opportunities, and are deductible for tax purposes. The business combination did not have a material impact on the condensed consolidated financial statements and therefore historical and proforma disclosures have not been presented. SignifAI, Inc. On January 25, 2019, the Company acquired all outstanding stock of SignifAI, Inc. (“SignifAI”), an event intelligence company specializing in artificial intelligence and machine learning. The aggregate purchase price of $36.3 million consisted of $25.1 million in cash and 143,861 shares of Company common stock with an aggregate fair value of approximately $11.9 million. The fair value of the consideration transferred was determined based on an $82.69 per share price of the Company’s common stock. The total purchase price was allocated to the developed technology acquired, net liabilities assumed, deferred taxes related to net operating loss carryforwards and a deferred tax liability related to the developed technology. The excess purchase price was recorded as goodwill, as set forth below. The acquisition has been accounted for as a business combination. The business combination did not have a material impact on the Company’s condensed consolidated financial statements and therefore historical and proforma disclosures have not been presented. Per the terms of the merger agreement, all share-based payment awards were accelerated and paid for in cash. The cash consideration paid for unvested share-based payment awards of $0.8 million was recognized as compensation expense separate from the business combination. The acquisition also included a holdback arrangement with certain employees of SignifAI, totaling approximately 152,840 shares of the Company’s common stock, contingent upon their continued employment with the Company. The fair value of these awards, which are subject to the recipients’ continued service, was $12.6 million and was excluded from the aggregate purchase price. These awards are recognized as stock-based compensation expense over the remaining vesting period which ranges from of 24 months to 36 months from the closing date of the acquisition. The following table presents the purchase price allocation related to the acquisition (in thousands): Cash consideration paid $ 25,119 Fair value of common shares issued $ 24,535 Total consideration $ 49,654 Post-business combination compensation expense $ (12,639) Cash paid to settle unvested stock options $ (764) Total purchase price $ 36,251 Net liabilities assumed $ 259 Deferred tax liabilities $ 2,289 Deferred tax assets $ (1,721) Developed technology acquired $ (10,900) Goodwill $ 26,178

Joint Venture

Joint Venture	3 Months Ended
	Jun. 30, 2020
Equity Method Investments and Joint Ventures [Abstract]
Joint Venture	Joint Venture On July 13, 2018, the Company entered into an agreement with Japan Cloud Computing L.P. (“JCC”) and M30 LLC (collectively, the Investors) to engage in the investment, organization, management and operation of New Relic K.K., a Japanese subsidiary of the Company that is focused on the sale of the Company’s products and services in Japan. On August 21, 2018, the investors initially contributed approximately $3.6 million (396,000,000 Japanese Yen) in exchange for 40% of the outstanding common stock of New Relic K.K. On August 21, 2019, the Company and Investors additionally contributed approximately $1.5 million (156,000,000 Japanese Yen) and approximately $1.0 million (104,000,000 Japanese Yen), respectively, to subscribe to additional shares. As of June 30, 2020, the Company owned approximately 60% of the outstanding common stock in New Relic K.K. All of the common stock held by the Investors may be callable by the Company or puttable by the Investors upon certain contingent events. Should the call or put option be exercised, the redemption value would be determined based on a prescribed formula derived from the discrete revenues of New Relic K.K. and the Company and may be settled, at the Company’s discretion, with Company stock or cash. As a result of the put right available to the redeemable non-controlling interest holders in the future, the redeemable non-controlling interest in New Relic K.K. is classified outside of permanent equity in the Company’s consolidated balance sheet as of June 30, 2020, and the balance is reported at the greater of the initial carrying amount adjusted for the redeemable non-controlling interest’s share of earnings or losses, or its estimated redemption value. The resulting changes in the estimated redemption amount are recorded within retained earnings or, in the absence of retained earnings, additional paid-in-capital. The estimated redemption value of the call/put option embedded in the redeemable non-controlling interest was $0 at June 30, 2020. The following table summarizes the activity in the redeemable non-controlling interest for the period indicated below: Balance as of March 31, 2020 $ 1,669 Investment by redeemable non-controlling interest — Net loss attributable to redeemable non-controlling interest (396) Balance as of June 30, 2020 $ 1,273

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Jun. 30, 2020
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements The following tables present information about the Company’s financial assets measured at fair value on a recurring basis as of June 30, 2020 and March 31, 2020 based on the three-tier fair value hierarchy (in thousands): Fair Value Measurements as of June 30, 2020 Level 1 Level 2 Level 3 Total Cash and cash equivalents: Money market funds $ 102,064 $ — $ — $ 102,064 Short-term investments: Certificates of deposit — 23,229 — 23,229 Commercial paper — 17,283 — 17,283 Corporate notes and bonds — 57,120 — 57,120 U.S. treasury securities 474,379 — — 474,379 Restricted cash: Money market funds 5,642 — — 5,642 Total $ 582,085 $ 97,632 $ — $ 679,717 Included in cash and cash equivalents $ 102,064 Included in short-term investments $ 572,011 Included in restricted cash $ 5,642 Fair Value Measurements as of March 31, 2020 Level 1 Level 2 Level 3 Total Cash and cash equivalents: Money market funds $ 107,663 $ — $ — $ 107,663 U.S. treasury securities 27,938 — — 27,938 U.S. government agencies — 24,999 — 24,999 Short-term investments: Certificates of deposit — 14,986 — 14,986 Commercial paper — 13,334 — 13,334 Corporate notes and bonds — 60,319 — 60,319 U.S. treasury securities 422,333 — — 422,333 U.S. government agencies — 1,602 — 1,602 Restricted cash: Money market funds 5,641 — — 5,641 Total $ 563,575 $ 115,240 $ — $ 678,815 Included in cash and cash equivalents $ 160,600 Included in short-term investments $ 512,574 Included in restricted cash $ 5,641 There were no transfers between fair value measurement levels during the three months ended June 30, 2020 and 2019. The Company invests in certificates of deposit, commercial paper, corporate debt securities, U.S. treasury securities, and U.S. agency securities, which are classified as available-for-sale securities. The following table presents the Company’s available-for-sale securities as of June 30, 2020 (in thousands): Amortized Cost Unrealized Gains Unrealized Losses Fair Value Short-term investments: Certificates of deposit 23,200 29 — 23,229 Commercial paper 17,173 110 — 17,283 Corporate notes and bonds 56,260 860 — 57,120 U.S. treasury securities 469,560 4,819 — 474,379 Total available-for-sale investments $ 566,193 $ 5,818 $ — $ 572,011 The following table presents the Company’s available-for-sale securities as of March 31, 2020 (in thousands): Amortized Cost Unrealized Gains Unrealized Losses Fair Value Cash and cash equivalents: U.S. treasury securities $ 27,923 $ 15 $ — $ 27,938 U.S. government agencies 24,995 4 — 24,999 Short-term investments: Certificates of deposit 15,000 20 (34) 14,986 Commercial paper 13,318 16 — 13,334 Corporate notes and bonds 60,211 221 (113) 60,319 U.S. treasury securities 415,889 6,444 — 422,333 U.S. government agencies 1,600 2 — 1,602 Total available-for-sale investments $ 558,936 $ 6,722 $ (147) $ 565,511 As of June 30, 2020 and March 31, 2020, securities that were in an unrealized loss position for more than 12 months were not significant. In addition, the Company did not consider any available-for-sale securities to be impaired as of June 30, 2020 and March 31, 2020 . The following table classifies the Company’s available-for-sale short-term investments by contractual maturities as of June 30, 2020 and March 31, 2020 (in thousands): June 30, 2020 March 31, 2020 Due within one year $ 353,078 $ 320,582 Due after one year and within three years 218,933 191,992 Total $ 572,011 $ 512,574 For certain other financial instruments, including accounts receivable, accounts payable and other current liabilities, the carrying amounts approximate their fair value due to the relatively short maturity of these balances. Convertible Senior Notes As of June 30, 2020, the fair value of the 0.50% convertible senior notes due 2023 (the “Notes”) was $440.2 million. The fair value was determined based on the quoted price of the Notes in an inactive market on the last trading day of the reporting period and has been classified as Level 2 in the fair value hierarchy.

Contract Acquisition Costs

Contract Acquisition Costs	3 Months Ended
	Jun. 30, 2020
Revenue from Contract with Customer [Abstract]
Contract Acquisition Costs	Contract Acquisition CostsThe Company capitalizes certain contract acquisition costs primarily consisting of commissions. The balances of deferred costs to obtain customer contracts were $60.5 million and $60.2 million as of June 30, 2020 and March 31, 2020, respectively. In the three months ended June 30, 2020 and 2019, amortization from amounts capitalized was $9.0 million and $7.6 million, respectively. In the three months ended June 30, 2020 and 2019, amounts expensed as incurred were $3.4 million and $1.9 million, respectively. The Company had no impairment loss in relation to costs capitalized.Accounts Receivable, Deferred Revenue and Performance Obligations In a response to the COVID-19 pandemic, the Company performed additional procedures to evaluate the creditworthiness of its customers and assess collectability of accounts. Using a current expected credit loss model, the Company determined that, while there may be a delay in collections due to the downturn in economic activity, there has not been a material impact to the risk of credit loss on accounts receivables as of June 30, 2020. The following table presents the changes to the Company’s deferred revenue (in thousands): Three Months Ended June 30, 2020 2019 Deferred revenue, beginning of period $ 316,327 $ 271,597 Billings 146,112 124,799 Revenue recognized (162,585) (141,010) Deferred revenue, end of period $ 299,854 $ 255,386 For the three months ended June 30, 2020 and 2019, the majority of revenue recognized was from the deferred revenue balances at the beginning of each period. The aggregate unrecognized transaction price of remaining performance obligations as of June 30, 2020 was $634.7 million. The Company expects to recognize more than 92% of the balance as revenue in the 24 months following June 30, 2020 and the remainder thereafter. The aggregate balance of remaining performance obligations represents contracted revenue that has not yet been recognized and does not include contract amounts which are cancellable by the customer and amounts associated with optional renewal periods.

Property and Equipment

Property and Equipment	3 Months Ended
	Jun. 30, 2020
Property, Plant and Equipment [Abstract]
Property and Equipment	Property and Equipment Property and equipment, net, consisted of the following (in thousands): June 30, 2020 March 31, 2020 Computers, software, and equipment $ 13,554 $ 13,249 Site operation equipment 106,107 102,316 Furniture and fixtures 4,826 4,802 Leasehold improvements 40,612 39,081 Capitalized software development costs 54,102 50,440 Total property and equipment 219,201 209,888 Less: accumulated depreciation and amortization (118,550) (109,594) Total property and equipment, net $ 100,651 $ 100,294

0.5% Convertible Senior Notes a

0.5% Convertible Senior Notes and Capped Call	3 Months Ended
	Jun. 30, 2020
Debt Disclosure [Abstract]
Convertible Senior Notes and Capped Call	0.5% Convertible Senior Notes and Capped Call In May 2018, the Company issued $500.25 million in aggregate principal amount of Notes in a private offering, including an additional $65.25 million aggregate principal amount of such notes pursuant to the exercise in full of the initial purchasers’ over-allotment option. The Notes are the Company’s senior unsecured obligations and bear interest at a fixed rate of 0.5% per annum, payable semi-annually in arrears on May 1 and November 1 of each year, commencing on November 1, 2018. The Notes will mature on May 1, 2023, unless earlier converted or repurchased. Each $1,000 principal amount of the Notes will initially be convertible into 9.02 shares of the Company’s common stock (the “Conversion Option”), which is equivalent to an initial conversion price of approximately $110.81 per share. The Notes will be convertible at the option of the holders at any time prior to the close of business on the business day immediately preceding November 1, 2022, only under the following circumstances: (1) during any fiscal quarter commencing after the fiscal quarter ending on September 30, 2018 (and only during such fiscal quarter), if the last reported sale price of the Company’s common stock for at least 20 trading days (whether or not consecutive) during a period of 30 consecutive trading days ending on, and including, the last trading day of the immediately preceding fiscal quarter is greater than or equal to 130% of the conversion price on each applicable trading day; (2) during the five business day period after any five consecutive trading day period (the “measurement period”) in which the trading price (as defined in the indenture governing the Notes) per $1,000 principal amount of Notes for each trading day of the measurement period was less than 98% of the product of the last reported sale price of our common stock and the conversion rate for the Notes on each such trading day; or (3) upon the occurrence of specified corporate events as set forth in the indenture governing the Notes. On or after November 1, 2022 until the close of business on the second scheduled trading day immediately preceding the maturity date, holders may convert all or any portion of their Notes, in multiples of $1,000 principal amount, at the option of the holder regardless of the foregoing circumstances. Upon conversion, the Company may satisfy its conversion obligation by paying and/or delivering, as the case may be, cash, shares of the Company’s common stock or a combination of cash and shares of the Company’s common stock, at the Company’s election, in the manner and subject to the terms and conditions provided in the indenture governing the Notes. The conversion rate is subject to adjustment under certain circumstances in accordance with the terms of the indenture governing the Notes. In addition, following certain corporate events that occur prior to the maturity date, the Company will increase the conversion rate, in certain circumstances, for a holder who elects to convert its Notes in connection with such a corporate event. During the three months ended June 30, 2020, the conditions allowing holders of the Notes to convert have not been met. The Notes were therefore not convertible during the three months ended June 30, 2020 and were classified as long-term debt for such period. In accounting for the transaction, the Notes were separated into liability and equity components. The carrying amount of the liability component was calculated by measuring the fair value of a similar debt instrument that does not have an associated conversion feature. The carrying amount of the equity component representing the Conversion Option was $102.5 million and was determined by deducting the fair value of the liability component from the proceeds received upon issuance of the Notes. The equity component was recorded in additional paid-in capital and is not remeasured as long as it continues to meet the conditions for equity classification. The excess of the principal amount of the Notes over the liability component (the “Debt Discount”) and the debt issuance costs are amortized to interest expense over the contractual term of the Notes at an effective interest rate of 5.74%. This rate is inclusive of the issuance costs. In accounting for the debt issuance costs of $11.6 million related to the Notes, the Company allocated the total amount incurred to the liability and equity components using the same proportions as the proceeds of the Notes. Issuance costs attributable to the liability component were $9.2 million and will be amortized to interest expense using the effective interest method over the contractual term of the Notes. Issuance costs attributable to the equity component were $2.4 million and netted with the equity component in additional paid-in capital. The net carrying amount of the liability component of the Notes was as follows (in thousands): June 30, 2020 March 31, 2020 Principal $ 500,250 $ 500,250 Unamortized debt discount (61,864) (66,894) Unamortized issuance costs (5,876) (6,312) Net carrying amount $ 432,510 $ 427,044 Interest expense related to the Notes was as follows (in thousands): Three Months Ended June 30, 2020 2019 Amortization of debt discount $ 5,030 $ 4,776 Amortization of issuance costs 436 389 Contractual interest expense 625 625 Total interest expense $ 6,091 $ 5,790 In connection with the offering of the Notes, the Company entered into privately negotiated capped call transactions with certain counterparties (the “Capped Calls”). The Capped Calls each have an initial strike price of approximately $110.81 per share, subject to certain adjustments, which correspond to the initial conversion price of the Notes. The Capped Calls have initial cap prices of $173.82 per share, subject to certain adjustments. The Capped Calls cover, subject to anti-dilution adjustments, approximately 4.5 million shares of our common stock. Conditions that cause adjustments to the initial strike price of the Capped Calls mirror conditions that result in corresponding adjustments for the Notes. The Capped Calls are generally intended to reduce potential dilution to holders of the Company’s common stock upon any conversion of the Notes and/or offset any cash payments New Relic is required to make in excess of the principal amount of converted Notes, as the case may be, with such reduction and/or offset, as the case may be, subject to a cap based on the cap price. For accounting purposes, the Capped Calls are separate transactions, and not part of the terms of the Notes. As these transactions meet certain accounting criteria, the Capped Calls are recorded in stockholders’ equity and are not accounted for as derivatives. The cost of $63.2 million incurred in connection with the Capped Calls was recorded as a reduction to additional paid-in capital. The net impact related to stockholders’ equity has been included in additional paid-in capital and was a result of the issuance costs of $2.4 million and the purchase of capped calls noted above in the amount of $63.2 million.

Goodwill and Purchased Intangib

Goodwill and Purchased Intangibles Assets	3 Months Ended
	Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Purchased Intangibles Assets	Goodwill and Purchased Intangibles Assets There were no changes to the carrying amount of goodwill for the three months ended June 30, 2020. Purchased intangible assets subject to amortization as of June 30, 2020 consisted of the following (in thousands): Gross Carrying Accumulated Net Carrying Developed technology $ 15,316 $ (2,901) $ 12,415 Purchased intangible assets subject to amortization as of March 31, 2020 consisted of the following (in thousands): Gross Carrying Accumulated Net Carrying Developed technology $ 15,316 $ (1,625) $ 13,691 Amortization expense of purchased intangible assets was $1.3 million and $0.4 million for the three months ended June 30, 2020 and 2019, respectively. Estimated future amortization expense as of June 30, 2020 was as follows (in thousands): Fiscal Years Ending March 31, Estimated Future Amortization Expense 2021 (remaining nine months) $ 3,829 2022 4,619 2023 3,967 $ 12,415

Leases

Leases	3 Months Ended
	Jun. 30, 2020
Leases [Abstract]
Leases	Leases The Company leases office space under non-cancelable operating leases, which expire from 2020 to 2031. All of its office leases are classified as operating leases with lease expense recognized on a straight-line basis over the lease term. Lease right-of-use assets and liabilities are recognized at the commencement date based on the present value of lease payments over the lease term. As these leases do not provide an implicit rate, the Company uses its incremental borrowing rate based on the information available at commencement date in determining the present value of lease payments. The Company considers information including, but not limited to, the lease term, the Company's credit rating and interest rates of similar debt instruments with comparable credit ratings. The lease right-of-use assets are also increased by any lease prepayments made and reduced by any lease incentives such as tenant improvement allowances. Options to extend the lease term are included in the lease term when it is reasonably certain that the Company will exercise the extension option. The Company’s operating leases typically include nonlease components such as common-area maintenance costs. The Company has elected to include nonlease components with lease payments for the purpose of calculating lease right-of-use assets and liabilities, to the extent that they are fixed. Nonlease components that are not fixed are expensed as incurred as variable lease payments. Leases with a term of one year or less are not recognized on the Company’s condensed consolidated balance sheet. The following table presents information about leases on the condensed consolidated balance sheet (in thousands): June 30, 2020 Assets Lease right-of-use-assets $ 59,985 Liabilities Lease liabilities $ 4,693 Lease liabilities, non-current 62,730 Total operating lease liabilities $ 67,423 As of June 30, 2020, the weighted average remaining lease term was 6.8 years and the weighted average discount rate was 6.9%. The following table presents information about leases on its condensed consolidated statement of operations (in thousands): Three Months Ended June 30, 2020 2019 Operating lease expense $ 3,388 $ 3,996 Short-term lease expense 228 221 Variable lease expense 699 745 The following table presents supplemental cash flow information about the Company’s leases (in thousands): Three Months Ended June 30, 2020 2019 Cash paid for amounts included in the measurement of lease liabilities $ 4,484 $ 2,893 Operating lease assets obtained in exchange for new lease liabilities (1) 4,411 1,429 (1) Includes the impact of new leases as well as remeasurements and modifications to existing leases. As of June 30, 2020, remaining maturities of lease liabilities were as follows (in thousands): Fiscal Years Ending March 31, Operating Leases 2021 (remaining nine months) 5,857 2022 13,074 2023 13,409 2024 12,538 2025 10,951 2026 11,134 Thereafter 19,372 Total operating lease payments $ 86,335 Less imputed interest (18,912) Total operating lease liabilities $ 67,423 The table above excludes future payments of $3.6 million related to signed leases that have not yet commenced. These operating leases are expected to commence during 2020 with lease terms of 1.3 to 7.5 years.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Jun. 30, 2020
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Purchase Commitments —As of June 30, 2020 and March 31, 2020, the Company had purchase commitments of $54.0 million and $64.7 million, respectively, primarily related to data center, cloud and hosting services. Other Contingencies —In the normal course of business, the Company may agree to indemnify third parties with whom it enters into contractual relationships, including customers, lessors, and parties to other transactions with the Company, with respect to certain matters. The Company has agreed, under certain conditions, to hold these third parties harmless against specified losses, such as those arising from a breach of representations or covenants, other third-party claims that the Company’s products when used for their intended purposes infringe the intellectual property rights of such other third parties, or other claims made against certain parties. To date, the Company has not incurred any costs as a result of such obligations and has not accrued any liabilities related to such obligations in the consolidated financial statements. In addition, the Company indemnifies its officers, directors, and certain key employees while they are serving in good faith in their respective capacities. The Company does not currently believe there is a reasonable possibility that a loss may have been incurred under these indemnification obligations. To date, there have been no claims under any such indemnification provisions.

Common Stock and Stockholders'

Common Stock and Stockholders' Equity	3 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Equity [Abstract]
Common Stock and Stockholders' Equity		Common Stock and Stockholders’ Equity Employee Stock Purchase Plan —The Company’s board of directors adopted, and the Company’s stockholders approved, the Company’s 2014 Employee Stock Purchase Plan (the “ESPP”), which became effective in December 2014. The ESPP initially reserved and authorized the issuance of up to 1,000,000 shares of common stock. The ESPP provides that the number of shares reserved and available for issuance under the ESPP automatically increases each April, beginning on April 1, 2015, by the lesser of 500,000 shares, 1% of the number of the Company’s common stock shares issued and outstanding on the immediately preceding March 31, or such lesser number of shares as determined by the Company’s board of directors. For the three months ended June 30, 2020 and 2019, no shares of common stock were purchased under the ESPP. Stock-based compensation expense recognized related to the ESPP was $1.0 million and $1.2 million for the three months ended June 30, 2020 and 2019, respectively. As of June 30, 2020, 3,003,574 shares of common stock were available for issuance under the ESPP. 2008 Equity Incentive Plan —The Company’s board of directors adopted, and the Company’s stockholders approved, the 2008 Equity Incentive Plan, or the 2008 Plan, in February 2008. The 2008 Plan was terminated in connection with the Company’s initial public offering (“IPO”), and accordingly, no shares are available for future issuance under this plan. The 2008 Plan continues to govern outstanding awards granted thereunder. 2014 Equity Incentive Plan —The Company’s board of directors adopted, and the Company’s stockholders approved, the Company’s 2014 Equity Incentive Plan (the “2014 Plan”), which became effective in December 2014. The 2014 Plan serves as the successor to the Company’s 2008 Plan. The 2014 Plan initially reserved and authorized the issuance of 5,000,000 shares of the Company’s common stock. Additionally, shares not issued or subject to outstanding grants under the 2008 Plan upon its termination became available under the 2014 Plan, resulting in a total of 5,184,878 available shares under the 2014 Plan as of the effective date of the 2014 Plan. Pursuant to the terms of the 2014 Plan, any shares subject to outstanding stock options or other stock awards under the 2008 Plan that (i) expire or terminate for any reason prior to exercise or settlement, (ii) are forfeited because of the failure to meet a contingency or condition required to vest such shares or otherwise return to the Company or (iii) are reacquired, withheld (or not issued) to satisfy a tax withholding obligation in connection with an award or to satisfy the purchase price or exercise price of a stock award will become available for issuance pursuant to awards granted under the 2014 Plan. The 2014 Plan provides that the number of shares reserved and available for issuance under the plan automatically increases each April 1, beginning on April 1, 2015, by 5% of the outstanding number of shares of the Company’s common stock shares issued and outstanding on the immediately preceding March 31, or such lesser number of shares as determined by the Company’s board of directors. As of June 30, 2020, there were 12,261,440 shares available for issuance under the 2014 Plan. The following table summarizes the Company’s stock option, restricted stock unit (“RSU”), and performance unit (“PSU”) award activities for the three months ended June 30, 2020 (in thousands, except exercise price, contractual term and fair value information): Options Outstanding RSUs and PSUs Outstanding Number Weighted- Weighted- Aggregate Intrinsic Value Number Weighted- Weighted- Aggregate Intrinsic Value Outstanding - April 1, 2020 2,850 $ 44.52 6.4 $ 43,576 3,100 $ 74.20 2.7 $ 143,346 Stock options granted 540 63.67 RSUs and PSUs granted (1) 1,952 65.12 Stock options exercised (50) 29.76 1,657 RSUs and PSUs vested (354) 74.92 Stock options canceled/forfeited (86) 76.75 RSUs and PSUs canceled/forfeited (216) 74.65 Outstanding - June 30, 2020 3,254 $ 47.07 6.7 $ 84,806 4,482 $ 70.17 3.1 $ 308,823 (1) The above table includes 111,965 performance unit awards. In May 2020, the Company began issuing PSUs to certain executives. PSUs granted under the 2014 Plan are contingent upon the achievement of pre-determined market and service conditions. The number of shares of common stock to be issued at vesting will range from 0% to 200% of the target number based on the Company’s total shareholder return (“TSR”) relative to the performance of peer companies for each measurement period, over a one two three Stock-Based Compensation Expense —Stock-based compensation expense for employees and nonemployees was $31.2 million and $21.2 million for the three months ended June 30, 2020 and 2019, respectively. Cost of revenue, research and development, sales and marketing, and general and administrative expenses were as follows (in thousands): Three Months Ended June 30, 2020 2019 Cost of revenue $ 1,502 $ 1,222 Research and development 8,804 7,028 Sales and marketing 13,308 9,059 General and administrative 7,594 3,879 Total stock-based compensation expense $ 31,208 $ 21,188 As of June 30, 2020, unrecognized stock-based compensation cost related to outstanding unvested stock options was $38.8 million, which is expected to be recognized over a weighted-average period of approximately 3.1 years. As of June 30, 2020, unrecognized stock-based compensation cost related to outstanding unvested stock units was $285.7 million, which is expected to be recognized over a weighted-average period of approximately 3.1 years. As of June 30, 2020, unrecognized stock-based compensation cost related to PSUs was $10.2 million, which is expected to be recognized over a weighted-average period of approximately 2.7 years.
Contract Acquisition Costs	Contract Acquisition CostsThe Company capitalizes certain contract acquisition costs primarily consisting of commissions. The balances of deferred costs to obtain customer contracts were $60.5 million and $60.2 million as of June 30, 2020 and March 31, 2020, respectively. In the three months ended June 30, 2020 and 2019, amortization from amounts capitalized was $9.0 million and $7.6 million, respectively. In the three months ended June 30, 2020 and 2019, amounts expensed as incurred were $3.4 million and $1.9 million, respectively. The Company had no impairment loss in relation to costs capitalized.Accounts Receivable, Deferred Revenue and Performance Obligations In a response to the COVID-19 pandemic, the Company performed additional procedures to evaluate the creditworthiness of its customers and assess collectability of accounts. Using a current expected credit loss model, the Company determined that, while there may be a delay in collections due to the downturn in economic activity, there has not been a material impact to the risk of credit loss on accounts receivables as of June 30, 2020. The following table presents the changes to the Company’s deferred revenue (in thousands): Three Months Ended June 30, 2020 2019 Deferred revenue, beginning of period $ 316,327 $ 271,597 Billings 146,112 124,799 Revenue recognized (162,585) (141,010) Deferred revenue, end of period $ 299,854 $ 255,386 For the three months ended June 30, 2020 and 2019, the majority of revenue recognized was from the deferred revenue balances at the beginning of each period. The aggregate unrecognized transaction price of remaining performance obligations as of June 30, 2020 was $634.7 million. The Company expects to recognize more than 92% of the balance as revenue in the 24 months following June 30, 2020 and the remainder thereafter. The aggregate balance of remaining performance obligations represents contracted revenue that has not yet been recognized and does not include contract amounts which are cancellable by the customer and amounts associated with optional renewal periods.

Accounts Receivable, Deferred R

Accounts Receivable, Deferred Revenue and Performance Obligations	3 Months Ended
	Jun. 30, 2020
Revenue from Contract with Customer [Abstract]
Accounts Receivable, Deferred Revenue and Performance Obligations	Contract Acquisition CostsThe Company capitalizes certain contract acquisition costs primarily consisting of commissions. The balances of deferred costs to obtain customer contracts were $60.5 million and $60.2 million as of June 30, 2020 and March 31, 2020, respectively. In the three months ended June 30, 2020 and 2019, amortization from amounts capitalized was $9.0 million and $7.6 million, respectively. In the three months ended June 30, 2020 and 2019, amounts expensed as incurred were $3.4 million and $1.9 million, respectively. The Company had no impairment loss in relation to costs capitalized.Accounts Receivable, Deferred Revenue and Performance Obligations In a response to the COVID-19 pandemic, the Company performed additional procedures to evaluate the creditworthiness of its customers and assess collectability of accounts. Using a current expected credit loss model, the Company determined that, while there may be a delay in collections due to the downturn in economic activity, there has not been a material impact to the risk of credit loss on accounts receivables as of June 30, 2020. The following table presents the changes to the Company’s deferred revenue (in thousands): Three Months Ended June 30, 2020 2019 Deferred revenue, beginning of period $ 316,327 $ 271,597 Billings 146,112 124,799 Revenue recognized (162,585) (141,010) Deferred revenue, end of period $ 299,854 $ 255,386 For the three months ended June 30, 2020 and 2019, the majority of revenue recognized was from the deferred revenue balances at the beginning of each period. The aggregate unrecognized transaction price of remaining performance obligations as of June 30, 2020 was $634.7 million. The Company expects to recognize more than 92% of the balance as revenue in the 24 months following June 30, 2020 and the remainder thereafter. The aggregate balance of remaining performance obligations represents contracted revenue that has not yet been recognized and does not include contract amounts which are cancellable by the customer and amounts associated with optional renewal periods.

Income Taxes

Income Taxes	3 Months Ended
	Jun. 30, 2020
Income Tax Disclosure [Abstract]
Income Taxes	Income TaxesThe Company is subject to income tax in the United States as well as other tax jurisdictions in which it conducts business. Earnings from non-U.S. activities are subject to local country income tax. The Company does not provide for federal income taxes on the undistributed earnings of its foreign subsidiaries as such earnings are to be reinvested indefinitely.The Company recorded an income tax provision of $332 thousand and benefit of $36 thousand for the three months ended June 30, 2020 and 2019, respectively, related to foreign income taxes and state minimum taxes. Based on the available objective evidence during the three months ended June 30, 2020, the Company believes it is more likely than not that the tax benefits of U.S. and Japan losses incurred during the three months ended June 30, 2020 may not be realized. Accordingly, the Company did not record the tax benefits of U.S. and Japan losses incurred during the three months ended June 30, 2020. T

Net Loss Per Share

Net Loss Per Share	3 Months Ended
	Jun. 30, 2020
Earnings Per Share [Abstract]
Net Loss Per Share	Net Loss Per ShareBasic net loss per share is calculated by dividing net loss by the weighted-average number of common shares outstanding during the period, less shares subject to repurchase, and excludes any dilutive effects of employee share-based awards and warrants. Diluted net loss per share is computed giving effect to all potential dilutive common shares, including common stock issuable upon exercise of stock options and unvested restricted common stock. As the Company had net losses for each of the three months ended June 30, 2020 and 2019, all potential common shares were determined to be anti-dilutive, resulting in basic and diluted net loss per share being equal. Additionally, the 4.5 million shares underlying the conversion option in the Notes were not considered in the calculation of diluted net loss per share as the effect would be anti-dilutive. The Notes were not convertible as of June 30, 2020. The Company expects to settle the principal amount of the Notes in cash and therefore will use the treasury stock method for calculating any potential dilutive effect of the conversion spread on diluted net income per share, if applicable. The following table sets forth the computation of net loss per share, basic and diluted (in thousands, except per share amounts): Three Months Ended June 30, 2020 2019 Numerator: Net loss attributable to New Relic $ (29,756) $ (15,169) Denominator: Weighted average shares used to compute net loss per share, basic and diluted 59,927 57,944 Net loss attributable to New Relic per share—basic and diluted $ (0.50) $ (0.26) The following outstanding options, unvested shares, and ESPP shares were excluded (as common stock equivalents) from the computation of diluted net loss per common share for the periods presented as their effect would have been antidilutive (in thousands): As of June 30, 2020 2019 Options to purchase common stock 3,254 2,861 RSUs and PSUs 4,482 2,374 ESPP shares 117 77 7,853 5,312

Revenue by Geographic Location

Revenue by Geographic Location	3 Months Ended
	Jun. 30, 2020
Segment Reporting [Abstract]
Revenue by Geographic Location	Revenue by Geographic Location The following table shows the Company’s revenue by geographic areas, as determined based on the billing address of its customers (in thousands): Three Months Ended June 30, 2020 2019 United States $ 112,410 $ 96,607 EMEA 25,196 25,168 APAC 14,965 12,121 Other 10,014 7,114 Total revenue $ 162,585 $ 141,010 Substantially all of the Company’s long-lived assets were attributable to operations in the United States as of June 30, 2020 and March 31, 2020.

Description of Business and S_2

Description of Business and Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Jun. 30, 2020
Accounting Policies [Abstract]
Description of Business	New Relic, Inc. (the “Company” or “New Relic”) was incorporated in Delaware on February 20, 2008, when it converted from a Delaware limited liability company called New Relic Software, LLC, which was formed in Delaware in September 2007. The Company provides a strategic observability platform that enables users to collect, store and analyze vast quantities of telemetry data flowing from applications and infrastructure to monitor, troubleshoot, and optimize their software.
Basis of Presentation	Basis of Presentation —These unaudited condensed consolidated financial statements have been prepared in accordance with United States generally accepted accounting principles (“GAAP”) and applicable rules and regulations of the Securities and Exchange Commission (“SEC”) regarding interim financial reporting. Certain information and note disclosures normally included in the financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. Therefore, these condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes included in the Company’s Annual Report on Form 10-K for the fiscal year ended March 31, 2020, as filed with the SEC on May 14, 2020 (the “Annual Report”). In the opinion of management, the unaudited condensed consolidated financial statements reflect all normal recurring adjustments necessary to present fairly the financial position, results of operations, comprehensive loss, stockholders’ equity and cash flows for the interim period, but are not necessarily indicative of the results of operations to be anticipated for the full fiscal year ending March 31, 2021. The condensed consolidated balance sheet as of March 31, 2020 included herein was derived from the audited financial statements as of that date.
Use of Estimates	Use of Estimates —The preparation of the Company’s consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of income and expenses during the reporting period. Significant items subject to such estimates and assumptions include the fair value of share-based awards, fair value of purchased intangible assets and goodwill, fair value of debt and equity components related to the 0.5% convertible senior notes due 2023 (the “Notes”), useful lives of purchased intangible assets, unrecognized tax benefits, expected benefit period for deferred commissions, incremental borrowing rate used for operating lease liabilities, and the capitalization and estimated useful life of the Company’s software development costs. These estimates are based on information available as of the date of the consolidated financial statements; therefore, actual results could differ from management’s estimates. COVID-19 —The worldwide spread of COVID-19 has resulted in a global slowdown of economic activity that is expected to continue and which is likely to decrease demand for a broad variety of goods and services, while also disrupting sales channels and marketing activities for an unknown period of time until the disease is contained. The Company currently expects its revenue and deferred revenue to be negatively impacted by the slowdown in activity associated with the COVID-19 pandemic for the fiscal year ending March 31, 2021, but at this point, the extent of the impact to the Company’s financial condition or results of operations is uncertain, and as of the date of issuance of these financial statements, management is not aware of any specific event or circumstance that would require an update to estimates and judgments or revising the carrying value of its assets or liabilities. These estimates may change as new events occur and additional information is obtained, and will be recognized in the condensed consolidated financial statements as soon as they become known. Actual results could differ from those estimates and any such differences may be material to the financial statements.
Concentration of Risk	Concentration of Risk —There was no customer that represented more than 10% of the Company’s accounts receivable balance as of June 30, 2020 or March 31, 2020. There was no customer that individually exceeded 10% of the Company’s revenue during the three months ended June 30, 2020 or 2019.
Recently Issued Accounting Pronouncements Not Yet Adopted and Recently Adopted Accounting Pronouncements	Recently Adopted Accounting Pronouncements In June 2016, the Financial Accounting Standards Board (FASB) issued ASU 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments , which amends guidance on reporting credit losses for assets held at amortized cost basis and available-for-sale debt securities. The Company adopted this new standard on April 1, 2020. The adoption of this standard did not have a material impact on its condensed consolidated financial statements. Under the new standard, the Company assesses credit losses on accounts receivable by taking into consideration past collection experience, credit quality of the customer, age of the receivable balance, current economic conditions, and forecasts that affect the collectability of the reported amount. With respect to available-for-sale debt securities, the updated guidance requires that credit losses be presented as an allowance rather than as a write-down. Allowance for credit losses is recorded in other income (expense), net on the condensed consolidated statements of operations, limited by the amount that fair value is less than the amortized cost basis. Non-credit related impairment losses are reported as a separate component on the condensed consolidated statements of comprehensive loss. In January 2017, the FASB issued ASU 2017-04, Intangibles-Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment , which eliminates Step 2 from the goodwill impairment test. The Company adopted this standard on April 1, 2020. The adoption of this standard did not have a material impact on its condensed consolidated financial statements or disclosures. In August 2018, the FASB issued ASU 2018-13, Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement (“ASU 2018-13”), which amends ASC 820, Fair Value Measurement. ASU 2018-13 modifies the disclosure requirements for fair value measurements by removing, modifying, or adding certain disclosures. The removed and modified disclosures will be adopted on a retrospective basis and the new disclosures will be adopted on a prospective basis. The Company adopted this standard on April 1, 2020. The adoption of this standard did not have a material impact on its condensed consolidated financial statements. In December 2019, the FASB issued ASU 2019-12, Income Taxes (Topic 740)

Business Combinations (Tables)

Business Combinations (Tables)	3 Months Ended
	Jun. 30, 2020
Business Combinations [Abstract]
Schedule of Aggregate Purchase Price Allocation	The following table presents the purchase price allocation related to the acquisition (in thousands): Cash consideration paid $ 25,119 Fair value of common shares issued $ 24,535 Total consideration $ 49,654 Post-business combination compensation expense $ (12,639) Cash paid to settle unvested stock options $ (764) Total purchase price $ 36,251 Net liabilities assumed $ 259 Deferred tax liabilities $ 2,289 Deferred tax assets $ (1,721) Developed technology acquired $ (10,900) Goodwill $ 26,178

Joint Venture (Tables)

Joint Venture (Tables)	3 Months Ended
	Jun. 30, 2020
Equity Method Investments and Joint Ventures [Abstract]
Schedule of Redeemable Non-Controlling Interest	The following table summarizes the activity in the redeemable non-controlling interest for the period indicated below: Balance as of March 31, 2020 $ 1,669 Investment by redeemable non-controlling interest — Net loss attributable to redeemable non-controlling interest (396) Balance as of June 30, 2020 $ 1,273

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Jun. 30, 2020
Fair Value Disclosures [Abstract]
Information about financial assets measured at fair value on recurring basis	The following tables present information about the Company’s financial assets measured at fair value on a recurring basis as of June 30, 2020 and March 31, 2020 based on the three-tier fair value hierarchy (in thousands): Fair Value Measurements as of June 30, 2020 Level 1 Level 2 Level 3 Total Cash and cash equivalents: Money market funds $ 102,064 $ — $ — $ 102,064 Short-term investments: Certificates of deposit — 23,229 — 23,229 Commercial paper — 17,283 — 17,283 Corporate notes and bonds — 57,120 — 57,120 U.S. treasury securities 474,379 — — 474,379 Restricted cash: Money market funds 5,642 — — 5,642 Total $ 582,085 $ 97,632 $ — $ 679,717 Included in cash and cash equivalents $ 102,064 Included in short-term investments $ 572,011 Included in restricted cash $ 5,642 Fair Value Measurements as of March 31, 2020 Level 1 Level 2 Level 3 Total Cash and cash equivalents: Money market funds $ 107,663 $ — $ — $ 107,663 U.S. treasury securities 27,938 — — 27,938 U.S. government agencies — 24,999 — 24,999 Short-term investments: Certificates of deposit — 14,986 — 14,986 Commercial paper — 13,334 — 13,334 Corporate notes and bonds — 60,319 — 60,319 U.S. treasury securities 422,333 — — 422,333 U.S. government agencies — 1,602 — 1,602 Restricted cash: Money market funds 5,641 — — 5,641 Total $ 563,575 $ 115,240 $ — $ 678,815 Included in cash and cash equivalents $ 160,600 Included in short-term investments $ 512,574 Included in restricted cash $ 5,641
Available-for-sale securities	The following table presents the Company’s available-for-sale securities as of June 30, 2020 (in thousands): Amortized Cost Unrealized Gains Unrealized Losses Fair Value Short-term investments: Certificates of deposit 23,200 29 — 23,229 Commercial paper 17,173 110 — 17,283 Corporate notes and bonds 56,260 860 — 57,120 U.S. treasury securities 469,560 4,819 — 474,379 Total available-for-sale investments $ 566,193 $ 5,818 $ — $ 572,011 The following table presents the Company’s available-for-sale securities as of March 31, 2020 (in thousands): Amortized Cost Unrealized Gains Unrealized Losses Fair Value Cash and cash equivalents: U.S. treasury securities $ 27,923 $ 15 $ — $ 27,938 U.S. government agencies 24,995 4 — 24,999 Short-term investments: Certificates of deposit 15,000 20 (34) 14,986 Commercial paper 13,318 16 — 13,334 Corporate notes and bonds 60,211 221 (113) 60,319 U.S. treasury securities 415,889 6,444 — 422,333 U.S. government agencies 1,600 2 — 1,602 Total available-for-sale investments $ 558,936 $ 6,722 $ (147) $ 565,511
Classification of available-for-sale short-term investments by contractual maturities	The following table classifies the Company’s available-for-sale short-term investments by contractual maturities as of June 30, 2020 and March 31, 2020 (in thousands): June 30, 2020 March 31, 2020 Due within one year $ 353,078 $ 320,582 Due after one year and within three years 218,933 191,992 Total $ 572,011 $ 512,574

Property and Equipment (Tables)

Property and Equipment (Tables)	3 Months Ended
	Jun. 30, 2020
Property, Plant and Equipment [Abstract]
Schedule of Property and Equipment, Net	Property and equipment, net, consisted of the following (in thousands): June 30, 2020 March 31, 2020 Computers, software, and equipment $ 13,554 $ 13,249 Site operation equipment 106,107 102,316 Furniture and fixtures 4,826 4,802 Leasehold improvements 40,612 39,081 Capitalized software development costs 54,102 50,440 Total property and equipment 219,201 209,888 Less: accumulated depreciation and amortization (118,550) (109,594) Total property and equipment, net $ 100,651 $ 100,294

0.5% Convertible Senior Notes_2

0.5% Convertible Senior Notes and Capped Call (Tables)	3 Months Ended
	Jun. 30, 2020
Debt Disclosure [Abstract]
Summary of Convertible Debt	The net carrying amount of the liability component of the Notes was as follows (in thousands): June 30, 2020 March 31, 2020 Principal $ 500,250 $ 500,250 Unamortized debt discount (61,864) (66,894) Unamortized issuance costs (5,876) (6,312) Net carrying amount $ 432,510 $ 427,044
Summary of Interest Expense	Interest expense related to the Notes was as follows (in thousands): Three Months Ended June 30, 2020 2019 Amortization of debt discount $ 5,030 $ 4,776 Amortization of issuance costs 436 389 Contractual interest expense 625 625 Total interest expense $ 6,091 $ 5,790

Goodwill and Purchased Intang_2

Goodwill and Purchased Intangibles Assets (Tables)	3 Months Ended
	Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Purchased Intangible Assets Subject to Amortization	Purchased intangible assets subject to amortization as of June 30, 2020 consisted of the following (in thousands): Gross Carrying Accumulated Net Carrying Developed technology $ 15,316 $ (2,901) $ 12,415 Purchased intangible assets subject to amortization as of March 31, 2020 consisted of the following (in thousands): Gross Carrying Accumulated Net Carrying Developed technology $ 15,316 $ (1,625) $ 13,691
Schedule of Estimated Future Amortization Expense	Estimated future amortization expense as of June 30, 2020 was as follows (in thousands): Fiscal Years Ending March 31, Estimated Future Amortization Expense 2021 (remaining nine months) $ 3,829 2022 4,619 2023 3,967 $ 12,415

Leases (Tables)

Leases (Tables)	3 Months Ended
	Jun. 30, 2020
Leases [Abstract]
Schedule of Condensed Consolidated Balance Sheet	The following table presents information about leases on the condensed consolidated balance sheet (in thousands): June 30, 2020 Assets Lease right-of-use-assets $ 59,985 Liabilities Lease liabilities $ 4,693 Lease liabilities, non-current 62,730 Total operating lease liabilities $ 67,423
Schedule of Condensed Consolidated Statement of Operations and Supplemental Cash Flow Information	The following table presents information about leases on its condensed consolidated statement of operations (in thousands): Three Months Ended June 30, 2020 2019 Operating lease expense $ 3,388 $ 3,996 Short-term lease expense 228 221 Variable lease expense 699 745 The following table presents supplemental cash flow information about the Company’s leases (in thousands): Three Months Ended June 30, 2020 2019 Cash paid for amounts included in the measurement of lease liabilities $ 4,484 $ 2,893 Operating lease assets obtained in exchange for new lease liabilities (1) 4,411 1,429 (1) Includes the impact of new leases as well as remeasurements and modifications to existing leases.
Remaining Maturities of Lease Liabilities	As of June 30, 2020, remaining maturities of lease liabilities were as follows (in thousands): Fiscal Years Ending March 31, Operating Leases 2021 (remaining nine months) 5,857 2022 13,074 2023 13,409 2024 12,538 2025 10,951 2026 11,134 Thereafter 19,372 Total operating lease payments $ 86,335 Less imputed interest (18,912) Total operating lease liabilities $ 67,423

Common Stock and Stockholders_2

Common Stock and Stockholders' Equity (Tables)	3 Months Ended
	Jun. 30, 2020
Equity [Abstract]
Schedule of Stock Option and RSU and PSU Award Activities	The following table summarizes the Company’s stock option, restricted stock unit (“RSU”), and performance unit (“PSU”) award activities for the three months ended June 30, 2020 (in thousands, except exercise price, contractual term and fair value information): Options Outstanding RSUs and PSUs Outstanding Number Weighted- Weighted- Aggregate Intrinsic Value Number Weighted- Weighted- Aggregate Intrinsic Value Outstanding - April 1, 2020 2,850 $ 44.52 6.4 $ 43,576 3,100 $ 74.20 2.7 $ 143,346 Stock options granted 540 63.67 RSUs and PSUs granted (1) 1,952 65.12 Stock options exercised (50) 29.76 1,657 RSUs and PSUs vested (354) 74.92 Stock options canceled/forfeited (86) 76.75 RSUs and PSUs canceled/forfeited (216) 74.65 Outstanding - June 30, 2020 3,254 $ 47.07 6.7 $ 84,806 4,482 $ 70.17 3.1 $ 308,823
Schedule of Stock-based Compensation Expense Attributed to Cost of Revenue, Research and Development, Sales and Marketing and General and Administrative Expenses	Cost of revenue, research and development, sales and marketing, and general and administrative expenses were as follows (in thousands): Three Months Ended June 30, 2020 2019 Cost of revenue $ 1,502 $ 1,222 Research and development 8,804 7,028 Sales and marketing 13,308 9,059 General and administrative 7,594 3,879 Total stock-based compensation expense $ 31,208 $ 21,188

Revenue Recognition and Deferre

Revenue Recognition and Deferred Revenue (Tables)	3 Months Ended
	Jun. 30, 2020
Revenue Recognition and Deferred Revenue [Abstract]
Contract with Customer, Contract Asset, Contract Liability, and Receivable	The following table presents the changes to the Company’s deferred revenue (in thousands): Three Months Ended June 30, 2020 2019 Deferred revenue, beginning of period $ 316,327 $ 271,597 Billings 146,112 124,799 Revenue recognized (162,585) (141,010) Deferred revenue, end of period $ 299,854 $ 255,386

Net Loss Per Share (Tables)

Net Loss Per Share (Tables)	3 Months Ended
	Jun. 30, 2020
Earnings Per Share [Abstract]
Computation of Net Loss Per Share, Basic and Diluted	The following table sets forth the computation of net loss per share, basic and diluted (in thousands, except per share amounts): Three Months Ended June 30, 2020 2019 Numerator: Net loss attributable to New Relic $ (29,756) $ (15,169) Denominator: Weighted average shares used to compute net loss per share, basic and diluted 59,927 57,944 Net loss attributable to New Relic per share—basic and diluted $ (0.50) $ (0.26)
Antidilutive Securities Excluded from Computation of Diluted Net Loss per Common Share of Common Stock Equivalents	The following outstanding options, unvested shares, and ESPP shares were excluded (as common stock equivalents) from the computation of diluted net loss per common share for the periods presented as their effect would have been antidilutive (in thousands): As of June 30, 2020 2019 Options to purchase common stock 3,254 2,861 RSUs and PSUs 4,482 2,374 ESPP shares 117 77 7,853 5,312

Revenue by Geographic Location

Revenue by Geographic Location (Tables)	3 Months Ended
	Jun. 30, 2020
Segment Reporting [Abstract]
Schedule of Revenue by Geographic Areas	The following table shows the Company’s revenue by geographic areas, as determined based on the billing address of its customers (in thousands): Three Months Ended June 30, 2020 2019 United States $ 112,410 $ 96,607 EMEA 25,196 25,168 APAC 14,965 12,121 Other 10,014 7,114 Total revenue $ 162,585 $ 141,010

Description of Business and S_3

Description of Business and Summary of Significant Accounting Policies - Narrative (Details)	Jun. 30, 2020	May 31, 2018
Convertible Debt | Convertible Senior Notes Due 2023
Debt Instrument [Line Items]
Stated interest rate	0.50%	0.50%

Business Combinations - Narrati

Business Combinations - Narrative (Details) - USD ($) $ / shares in Units, $ in Thousands	Oct. 31, 2019	Jan. 25, 2019	Jun. 30, 2020	Jun. 30, 2019	Mar. 31, 2020
Business Acquisition [Line Items]
Preliminary purchase price allocation, goodwill			$ 45,112		$ 45,112
Stock-based compensation expense			$ 31,208	$ 21,188
IOpipe, Inc.
Business Acquisition [Line Items]
Cash consideration paid	$ 5,100
Amount excluded from the aggregate purchase price	900
Preliminary purchase price allocation, goodwill	3,600
IOpipe, Inc. | Technology
Business Acquisition [Line Items]
Acquired technology	$ 1,500
Acquired technology, estimated useful life	3 years
SignifAI, Inc.
Business Acquisition [Line Items]
Cash consideration paid		$ 25,119
Amount excluded from the aggregate purchase price		12,600
Preliminary purchase price allocation, goodwill		26,178
Consideration paid		$ 36,251
Number of shares issued to acquire capital stock (in shares)		143,861
Aggregate fair value of common stock		$ 11,900
Fair value of shares issued to acquire capital stock (in usd per share)		$ 82.69
Stock-based compensation expense		$ 800
Holdback arrangement, common stock (in shares)		152,840
SignifAI, Inc. | Minimum
Business Acquisition [Line Items]
Vesting period		24 months
SignifAI, Inc. | Maximum
Business Acquisition [Line Items]
Vesting period		36 months

Business Combinations - Schedul

Business Combinations - Schedule of Aggregate Purchase Price Allocation (Details) - USD ($) $ in Thousands	Jan. 25, 2019	Jun. 30, 2020	Mar. 31, 2020
Business Acquisition [Line Items]
Goodwill		$ 45,112	$ 45,112
SignifAI, Inc.
Business Acquisition [Line Items]
Cash consideration paid	$ 25,119
Fair value of common shares issued	24,535
Total consideration	49,654
Post-business combination compensation expense	(12,639)
Cash paid to settle unvested stock options	(764)
Total purchase price	36,251
Net liabilities assumed	259
Deferred tax liabilities	2,289
Deferred tax assets	(1,721)
Developed technology acquired	(10,900)
Goodwill	$ 26,178

Joint Venture - Narrative (Deta

Joint Venture - Narrative (Details) ¥ in Millions	Aug. 21, 2019USD ($)	Aug. 21, 2019JPY (¥)	Aug. 21, 2018USD ($)	Aug. 21, 2018JPY (¥)	Jun. 30, 2020USD ($)	Aug. 21, 2019JPY (¥)
Schedule of Equity Method Investments [Line Items]
Additional investor contribution	$ 1,500,000					¥ 156
Redemption value of redeemable non-controlling interest					$ 0
New Relic K.K
Schedule of Equity Method Investments [Line Items]
Ownership percentage, parent					60.00%
The Investors
Schedule of Equity Method Investments [Line Items]
Contributions for joint venture	$ 1,000,000	¥ 104	$ 3,600,000	¥ 396
The Investors | New Relic K.K
Schedule of Equity Method Investments [Line Items]
Ownership percentage, noncontrolling interest			40.00%	40.00%

Joint Venture - Schedule of Red

Joint Venture - Schedule of Redeemable Non-Controlling Interest (Details) $ in Thousands	3 Months Ended
	Jun. 30, 2020USD ($)
Increase (Decrease) in Temporary Equity [Roll Forward]
Balance as of March 31, 2020	$ 1,669
Investment by redeemable non-controlling interest	0
Net loss attributable to redeemable non-controlling interest	(396)
Balance as of June 30, 2020	$ 1,273

Fair Value Measurements - Infor

Fair Value Measurements - Information about financial assets measured at fair value on recurring basis (Detail) - Fair Value, Measurements, Recurring - USD ($) $ in Thousands	Jun. 30, 2020	Mar. 31, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value	$ 679,717	$ 678,815
Cash and cash equivalents:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value	102,064	160,600
Short-term investments:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value	572,011	512,574
Restricted cash
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value	5,642	5,641
Money market funds | Cash and cash equivalents:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value	102,064	107,663
Commercial paper | Short-term investments:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value	17,283	13,334
Certificates of deposit | Short-term investments:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value	23,229	14,986
Corporate notes and bonds | Short-term investments:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value	57,120	60,319
U.S. treasury securities | Cash and cash equivalents:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value		27,938
U.S. treasury securities | Short-term investments:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value	474,379	422,333
U.S. government agencies | Cash and cash equivalents:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value		24,999
U.S. government agencies | Short-term investments:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value		1,602
Money market funds | Restricted cash
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value	5,642	5,641
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value	582,085	563,575
Level 1 | Money market funds | Cash and cash equivalents:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value	102,064	107,663
Level 1 | Commercial paper | Short-term investments:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value	0	0
Level 1 | Certificates of deposit | Short-term investments:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value	0	0
Level 1 | Corporate notes and bonds | Short-term investments:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value	0	0
Level 1 | U.S. treasury securities | Cash and cash equivalents:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value		27,938
Level 1 | U.S. treasury securities | Short-term investments:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value	474,379	422,333
Level 1 | U.S. government agencies | Cash and cash equivalents:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value		0
Level 1 | U.S. government agencies | Short-term investments:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value		0
Level 1 | Money market funds | Restricted cash
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value	5,642	5,641
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value	97,632	115,240
Level 2 | Money market funds | Cash and cash equivalents:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value	0	0
Level 2 | Commercial paper | Short-term investments:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value	17,283	13,334
Level 2 | Certificates of deposit | Short-term investments:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value	23,229	14,986
Level 2 | Corporate notes and bonds | Short-term investments:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value	57,120	60,319
Level 2 | U.S. treasury securities | Cash and cash equivalents:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value		0
Level 2 | U.S. treasury securities | Short-term investments:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value	0	0
Level 2 | U.S. government agencies | Cash and cash equivalents:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value		24,999
Level 2 | U.S. government agencies | Short-term investments:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value		1,602
Level 2 | Money market funds | Restricted cash
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value	0	0
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value	0	0
Level 3 | Money market funds | Cash and cash equivalents:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value	0	0
Level 3 | Commercial paper | Short-term investments:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value	0	0
Level 3 | Certificates of deposit | Short-term investments:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value	0	0
Level 3 | Corporate notes and bonds | Short-term investments:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value	0	0
Level 3 | U.S. treasury securities | Cash and cash equivalents:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value		0
Level 3 | U.S. treasury securities | Short-term investments:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value	0	0
Level 3 | U.S. government agencies | Cash and cash equivalents:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value		0
Level 3 | U.S. government agencies | Short-term investments:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value		0
Level 3 | Money market funds | Restricted cash
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value	$ 0	$ 0

Fair Value Measures- Debt Secur

Fair Value Measures- Debt Securities, Available-for-sale (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Mar. 31, 2020
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 566,193	$ 558,936
Unrealized Gains	5,818	6,722
Unrealized Losses	0	147
Total	572,011	565,511
Short-term investments:
Debt Securities, Available-for-sale [Line Items]
Total	572,011	512,574
U.S. treasury securities | Cash and cash equivalents:
Debt Securities, Available-for-sale [Line Items]
Amortized Cost		27,923
Unrealized Gains		15
Unrealized Losses		0
Total		27,938
U.S. treasury securities | Short-term investments:
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	469,560	415,889
Unrealized Gains	4,819	6,444
Unrealized Losses	0	0
Total	474,379	422,333
U.S. government agencies | Cash and cash equivalents:
Debt Securities, Available-for-sale [Line Items]
Amortized Cost		24,995
Unrealized Gains		4
Unrealized Losses		0
Total		24,999
U.S. government agencies | Short-term investments:
Debt Securities, Available-for-sale [Line Items]
Amortized Cost		1,600
Unrealized Gains		2
Unrealized Losses		0
Total		1,602
Certificates of deposit | Short-term investments:
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	23,200	15,000
Unrealized Gains	29	20
Unrealized Losses	0	34
Total	23,229	14,986
Commercial paper | Short-term investments:
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	17,173	13,318
Unrealized Gains	110	16
Unrealized Losses	0	0
Total	17,283	13,334
Corporate notes and bonds | Short-term investments:
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	56,260	60,211
Unrealized Gains	860	221
Unrealized Losses	0	113
Total	$ 57,120	$ 60,319

Fair Value Measurements - Class

Fair Value Measurements - Classification of available-for-sale short-term investments by contractual maturities (Detail) - USD ($) $ in Thousands	Jun. 30, 2020	Mar. 31, 2020
Debt Securities, Available-for-sale [Line Items]
Total	$ 572,011	$ 565,511
Short-term investments:
Debt Securities, Available-for-sale [Line Items]
Due within one year	353,078	320,582
Due after one year and within three years	218,933	191,992
Total	$ 572,011	$ 512,574

Fair Value Measurements - Narra

Fair Value Measurements - Narrative (Detail) - Convertible Debt - Convertible Senior Notes Due 2023 - USD ($) $ in Millions	Jun. 30, 2020	May 31, 2018
Debt Instrument [Line Items]
Stated interest rate	0.50%	0.50%
Level 2
Debt Instrument [Line Items]
Fair value of Notes	$ 440.2

Contract Acquisition Costs (Det

Contract Acquisition Costs (Details) - USD ($)	3 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Mar. 31, 2020
Revenue from Contract with Customer [Abstract]
Capitalized contract cost	$ 60,500,000		$ 60,200,000
Capitalized contract cost, amortization	9,000,000	$ 7,600,000
Costs expensed as incurred	3,400,000	1,900,000
Contract asset impairment	$ 0	$ 0

Property and Equipment - Schedu

Property and Equipment - Schedule of Property and Equipment, Net (Detail) - USD ($) $ in Thousands	Jun. 30, 2020	Mar. 31, 2020
Property, Plant and Equipment [Line Items]
Total property and equipment	$ 219,201	$ 209,888
Less: accumulated depreciation and amortization	(118,550)	(109,594)
Total property and equipment, net	100,651	100,294
Computers, software, and equipment
Property, Plant and Equipment [Line Items]
Total property and equipment	13,554	13,249
Site operation equipment
Property, Plant and Equipment [Line Items]
Total property and equipment	106,107	102,316
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Total property and equipment	4,826	4,802
Leasehold improvements
Property, Plant and Equipment [Line Items]
Total property and equipment	40,612	39,081
Capitalized software development costs
Property, Plant and Equipment [Line Items]
Total property and equipment	$ 54,102	$ 50,440

Property and Equipment - Narrat

Property and Equipment - Narrative (Detail) - USD ($) $ in Millions	3 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Property, Plant and Equipment [Abstract]
Depreciation and amortization expense	$ 10.5	$ 8.1

0.5% Convertible Senior Notes_3

0.5% Convertible Senior Notes and Capped Call - Narrative (Details) $ / shares in Units, shares in Millions	1 Months Ended	12 Months Ended
	May 31, 2018USD ($)day$ / sharesshares	Mar. 31, 2019USD ($)	Jun. 30, 2020USD ($)	Mar. 31, 2020USD ($)
Debt Instrument [Line Items]
Purchase of capped calls		$ 63,200,000
Capped Calls
Debt Instrument [Line Items]
Convertible debt, conversion price (in dollars per share) | $ / shares	$ 110.81
Initial cap price (in dollars per share) | $ / shares	$ 173.82
Number of shares covered by cap call (in shares) | shares	4.5
Capped Calls | Additional Paid-In Capital
Debt Instrument [Line Items]
Cost incurred related to capped calls		$ 63,200,000
Convertible Debt | Notes Price Trigger Measurement
Debt Instrument [Line Items]
Threshold trading days | day	20
Threshold consecutive trading days | day	5
Threshold percentage of stock price trigger (less than)	130.00%
Convertible Debt | Stock Price Trigger Measurement
Debt Instrument [Line Items]
Threshold trading days | day	5
Threshold consecutive trading days | day	30
Threshold percentage of stock price trigger (less than)	98.00%
Convertible Debt | Convertible Senior Notes Due 2023
Debt Instrument [Line Items]
Debt instrument face amount	$ 500,250,000
Stated interest rate	0.50%		0.50%
Convertible debt, conversion ratio	9.02
Convertible debt, conversion price (in dollars per share) | $ / shares	$ 110.81
Debt discount for Conversion Option	$ 102,500,000
Effective interest rate	5.74%
Issuance costs	$ 11,600,000		$ 5,876,000	$ 6,312,000
Debt issuance costs, equity component	9,200,000
Unamortized discount issuance costs	2,400,000
Convertible Debt | Convertible Senior Notes Due 2023, Over-Allotment Option
Debt Instrument [Line Items]
Debt instrument face amount	$ 65,250,000

0.5% Convertible Senior Notes_4

0.5% Convertible Senior Notes and Capped Call - Schedule of Liability Component of Convertible Debt (Details) - Convertible Debt - Convertible Senior Notes Due 2023 - USD ($) $ in Thousands	Jun. 30, 2020	Mar. 31, 2020	May 31, 2018
Debt Instrument [Line Items]
Principal	$ 500,250	$ 500,250
Unamortized debt discount	(61,864)	(66,894)
Unamortized issuance costs	(5,876)	(6,312)	$ (11,600)
Net carrying amount	$ 432,510	$ 427,044

0.5% Convertible Senior Notes_5

0.5% Convertible Senior Notes and Capped Call - Schedule of Interest Expense (Details) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Debt Instrument [Line Items]
Total interest expense	$ 6,091	$ 5,790
Convertible Debt | Convertible Senior Notes Due 2023
Debt Instrument [Line Items]
Amortization of debt discount	436	389
Amortization of issuance costs	625	625
Contractual interest expense	$ 5,030	$ 4,776

Goodwill and Purchased Intang_3

Goodwill and Purchased Intangibles Assets - Schedule of Purchased Intangible Assets Subject to Amortization (Detail) - USD ($) $ in Thousands	Jun. 30, 2020	Mar. 31, 2020
Acquired Finite-Lived Intangible Assets [Line Items]
Net Carrying Amount	$ 12,415	$ 13,691
Developed technology
Acquired Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	15,316	15,316
Accumulated Amortization	(2,901)	(1,625)
Net Carrying Amount	$ 12,415	$ 13,691

Goodwill and Purchased Intang_4

Goodwill and Purchased Intangibles Assets - Narrative (Detail) - USD ($) $ in Millions	3 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense	$ 1.3	$ 0.4

Goodwill and Purchased Intang_5

Goodwill and Purchased Intangibles Assets - Schedule of Estimated Future Amortization Expense (Detail) - USD ($) $ in Thousands	Jun. 30, 2020	Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
2021 (remaining nine months)	$ 3,829
2022	4,619
2023	3,967
Net Carrying Amount	$ 12,415	$ 13,691

Leases - Assets and Liabilities

Leases - Assets and Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Mar. 31, 2020
Assets
Lease right-of-use assets	$ 59,985	$ 57,777
Liabilities
Lease liabilities	4,693	8,682
Lease liabilities, non-current	62,730	$ 57,394
Total operating lease liabilities	$ 67,423

Leases - Narrative (Details)

Leases - Narrative (Details) $ in Millions	Jun. 30, 2020USD ($)
Lessee, Lease, Description [Line Items]
Weighted average remaining lease term	6 years 9 months 18 days
Weighted average discount rate	6.90%
Signed leases not yet commenced	$ 3.6
Minimum
Lessee, Lease, Description [Line Items]
Term of contract	1 year 3 months 18 days
Maximum
Lessee, Lease, Description [Line Items]
Term of contract	7 years 6 months

Leases - Expense (Details)

Leases - Expense (Details) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Leases [Abstract]
Operating lease expense	$ 3,388	$ 3,996
Short-term lease expense	228	221
Variable lease expense	$ 699	$ 745

Leases - Cash Flow Information

Leases - Cash Flow Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Leases [Abstract]
Cash paid for amounts included in the measurement of lease liabilities	$ 4,484	$ 2,893
Operating lease assets obtained in exchange for new lease liabilities (1)	$ 4,411	$ 1,429

Leases - Operating Lease Maturi

Leases - Operating Lease Maturity Schedule (Details) $ in Thousands	Jun. 30, 2020USD ($)
Leases [Abstract]
2021 (remaining nine months)	$ 5,857
2022	13,074
2023	13,409
2024	12,538
2025	10,951
2026	11,134
Thereafter	19,372
Total operating lease payments	86,335
Less imputed interest	(18,912)
Total operating lease liabilities	$ 67,423

Commitments and Contingencies (

Commitments and Contingencies (Detail) - USD ($) $ in Millions	Jun. 30, 2020	Mar. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Purchase commitments	$ 54	$ 64.7

Common Stock and Stockholders_3

Common Stock and Stockholders' Equity - Narrative (Detail) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended
	Dec. 31, 2014	Jun. 30, 2020	Jun. 30, 2019
Class of Stock [Line Items]
Stock-based compensation expense		$ 31,208	$ 21,188
Unrecognized stock-based compensation cost		$ 38,800
Stock-based compensation cost expected to be recognized over weighted-average period		3 years 1 month 6 days
RSUs
Class of Stock [Line Items]
Stock-based compensation cost expected to be recognized over weighted-average period		3 years 1 month 6 days
Unrecognized stock-based compensation cost related to outstanding unvested stock awards		$ 285,700
PSUs
Class of Stock [Line Items]
Stock-based compensation cost expected to be recognized over weighted-average period		2 years 8 months 12 days
Unrecognized stock-based compensation cost related to outstanding unvested stock awards		$ 10,200
PSUs | Minimum
Class of Stock [Line Items]
Percentage of total shareholder return		0.00%
PSUs | Maximum
Class of Stock [Line Items]
Percentage of total shareholder return		200.00%
PSUs | Share-based Payment Arrangement, One-Year
Class of Stock [Line Items]
Measurement period		1 year
PSUs | Share-based Payment Arrangement, Two-Year
Class of Stock [Line Items]
Measurement period		2 years
PSUs | Share-based Payment Arrangement, Three-Year
Class of Stock [Line Items]
Measurement period		3 years
ESPP shares
Class of Stock [Line Items]
Shares reserved for issuance under plan (in shares)	1,000,000
Additional shares available for issuance under the plan (in shares)	500,000
Percentage of common stock shares increased under the plan	1.00%
Stock-based compensation expense		$ 1,000	$ 1,200
Shares available for issuance (in shares)		3,003,574
2008 Equity Incentive Plan
Class of Stock [Line Items]
Shares available for issuance (in shares)		0
2014 Equity Incentive Plan
Class of Stock [Line Items]
Shares reserved for issuance under plan (in shares)	5,000,000
Shares available for issuance (in shares)		12,261,440
Shares available for grant under plan (in shares)	5,184,878
Increase in shares available under plan, percentage of outstanding common stock shares	5.00%

Common Stock and Stockholders_4

Common Stock and Stockholders' Equity - Schedule of Stock Option and RSU Award Activities (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	12 Months Ended
	Jun. 30, 2020	Mar. 31, 2020
Number of Shares
Beginning balance (in shares)	2,850,000
Stock options granted (in shares)	540,000
Stock options exercised (in shares)	(50,000)
Stock options canceled/forfeited (in shares)	(86,000)
Ending balance (in shares)	3,254,000	2,850,000
Weighted- Average Exercise Price
Beginning balance (in usd per share)	$ 44.52
Stock options granted (in usd per share)	63.67
Stock options exercised (in usd per share)	29.76
Stock options canceled/forfeited (in usd per share)	76.75
Ending balance (in usd per share)	$ 47.07	$ 44.52
Weighted- Average Remaining Contractual Term (in years)
Weighted- Average Remaining Contractual Term (in years)	6 years 8 months 12 days	6 years 4 months 24 days
Aggregate Intrinsic Value
Aggregate intrinsic value, outstanding shares	$ 84,806	$ 43,576
Stock options exercised	$ 1,657
Number of Shares
Beginning balance (in shares)	3,100,000
RSUs granted (in shares)	1,952,000
RSUs vested (in shares)	(354,000)
RSUs canceled/forfeited (in shares)	(216,000)
Ending balance (in shares)	4,482,000	3,100,000
Weighted- Average Grant Date Fair Value
Beginning balance (in usd per share)	$ 74.20
RSUs granted (in usd per share)	65.12
RSUs vested (in usd per share)	74.92
RSUs canceled/forfeited (in usd per share)	74.65
Ending balance (in usd per share)	$ 70.17	$ 74.20
Weighted- Average Remaining Contractual Term (in years)
Weighted Average Remaining Contractual Terms (in years)	3 years 1 month 6 days	2 years 8 months 12 days
Aggregate Intrinsic Value
Aggregate intrinsic value, outstanding	$ 308,823	$ 143,346
Performance Unit Award
Number of Shares
RSUs granted (in shares)	111,965,000

Common Stock and Stockholders_5

Common Stock and Stockholders' Equity - Summary of Stock-Based Compensation Expense (Detail) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock-based compensation expense	$ 31,208	$ 21,188
Cost of revenue
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock-based compensation expense	1,502	1,222
Research and development
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock-based compensation expense	8,804	7,028
Sales and marketing
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock-based compensation expense	13,308	9,059
General and administrative
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock-based compensation expense	$ 7,594	$ 3,879

Accounts Receivable, Deferred_2

Accounts Receivable, Deferred Revenue and Performance Obligations (Details) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Contract With Customer, Liability [Roll Forward]
Deferred revenue, beginning of period	$ 316,327	$ 271,597
Billings	146,112	124,799
Revenue recognized	(162,585)	(141,010)
Deferred revenue, end of period	$ 299,854	$ 255,386

Accounts Receivable, Deferred_3

Accounts Receivable, Deferred Revenue and Performance Obligations - Performance Obligation (Details) $ in Millions	Jun. 30, 2020USD ($)
Revenue from Contract with Customer [Abstract]
Revenue, remaining performance obligation	$ 634.7
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-07-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, percentage	92.00%
Revenue, remaining performance obligation, expected timing of satisfaction, period	24 months

Income Taxes (Detail)

Income Taxes (Detail) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Income Tax Disclosure [Abstract]
Income tax (benefit) provision	$ 332	$ (36)

Net Loss Per Share - Narrative

Net Loss Per Share - Narrative (Details) - shares shares in Thousands	3 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of diluted net loss per common share (in shares)	7,853	5,312
Convertible Debt Securities
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of diluted net loss per common share (in shares)	4,500	4,500

Net Loss Per Share - Computatio

Net Loss Per Share - Computation of Net Loss Per Share, Basic and Diluted (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Numerator:
Net loss attributable to New Relic	$ (29,756)	$ (15,169)
Denominator:
Weighted-average shares used to compute net loss per share, basic and diluted (in shares)	59,927	57,944
Net loss attributable to New Relic per share - basic and diluted (in usd per share)	$ (0.50)	$ (0.26)

Net Loss Per Share - Antidiluti

Net Loss Per Share - Antidilutive Securities Excluded from Computation of Diluted Net Loss per Common Share of Common Stock Equivalents (Detail) - shares shares in Thousands	3 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of diluted net loss per common share (in shares)	7,853	5,312
ESPP shares
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of diluted net loss per common share (in shares)	117	77
RSUs
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of diluted net loss per common share (in shares)	4,482	2,374
Options to purchase common stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of diluted net loss per common share (in shares)	3,254	2,861

Revenue by Geographic Locatio_2

Revenue by Geographic Location - Schedule of Revenue by Geographic Areas (Detail) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Segment Reporting Information [Line Items]
Revenue	$ 162,585	$ 141,010
United States
Segment Reporting Information [Line Items]
Revenue	112,410	96,607
EMEA
Segment Reporting Information [Line Items]
Revenue	25,196	25,168
APAC
Segment Reporting Information [Line Items]
Revenue	14,965	12,121
Other
Segment Reporting Information [Line Items]
Revenue	$ 10,014	$ 7,114