v3.22.4
Revenue Recognition (Tables)
6 Months Ended
Jan. 31, 2023
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
The following table summarizes the revenue by region based on the shipping address of customers who have contracted to use our cloud platform:
Three Months Ended January 31,Six Months Ended January 31,
2023202220232022
Amount% RevenueAmount% RevenueAmount% RevenueAmount% Revenue
(in thousands, except per percentage data)
United States$193,508 50 %$125,419 49 %$369,023 50 %$238,832 49 %
Europe, Middle East and Africa 124,742 32 %88,174 35 %241,749 32 %168,723 35 %
Asia Pacific57,602 15 %36,029 14 %109,858 15 %67,080 14 %
Other11,746 %5,941 %22,516 %11,445 %
Total$387,598 100 %$255,563 100 %$743,146 100 %$486,080 100 %
The following table summarizes the revenue from contracts by type of customer:
Three Months Ended January 31,Six Months Ended January 31,
2023202220232022
Amount% RevenueAmount% RevenueAmount% RevenueAmount% Revenue
(in thousands, except per percentage data)
Channel partners$358,165 92 %$238,947 93 %$687,522 93 %$454,550 94 %
Direct customers29,433 %16,616 %55,624 %31,530 %
Total$387,598 100 %$255,563 100 %$743,146 100 %$486,080 100 %
Capitalized Contract Cost
The activity of the deferred contract acquisition costs consisted of the following:
Three Months Ended January 31,Six Months Ended January 31,
2023202220232022
(in thousands)
Beginning balance
$301,472 $216,103 $297,002 $207,030 
Capitalization of contract acquisition costs37,407 34,528 64,202 58,513 
Amortization of deferred contract acquisition costs(23,728)(16,126)(46,053)(31,038)
Ending balance
$315,151 $234,505 $315,151 $234,505 
The outstanding balance of the deferred contract acquisition costs consisted of the following:
January 31, 2023July 31, 2022
(in thousands)
Deferred contract acquisition costs, current$96,105 $86,210 
Deferred contract acquisition costs, noncurrent219,046 210,792 
Total deferred contract acquisition costs$315,151 $297,002