v3.26.1
Segment Information
 9 Months Ended
Apr. 30, 2026
Segment Reporting [Abstract]  
Segment Information Segment Information
We operate globally as a single operating and reportable segment with one primary business activity. Using a SaaS business model, we primarily generate revenue from sales of subscriptions to grant customers access to our cloud platform along with related support services. Our chief operating decision maker ("CODM") is our chief executive officer. Consolidated financial information, including revenue and significant adjusted segment expenses, is regularly provided to the CODM for purposes of allocating resources and evaluating financial performance. This information is also used in our annual budgeting and forecasting processes to establish goals and compare actual results against both budgeted targets and historical
performance. Our CODM uses consolidated net loss as the measure of our segment profit or loss. The measure of our segment assets is reported as total assets on the consolidated balance sheets.
The following table sets forth our segment revenue, significant adjusted segment expenses and other segment items to reconcile to condensed consolidated net loss:
Three Months Ended April 30,Nine Months Ended April 30,
2026202520262025
(in thousands)
Revenue$850,475 $678,034 $2,454,338 $1,953,889 
Less:
Adjusted cost of revenue (1)
163,780 133,886 483,572 382,944 
Adjusted sales and marketing expenses (1)
295,537 250,243 874,883 728,507 
Adjusted research and development expenses (1)
143,502 106,012 412,030 306,220 
Adjusted general and administrative expenses (2)
51,807 41,240 135,182 114,957 
Stock-based compensation expense and related payroll taxes 212,266 167,809 626,440 504,739 
Amortization expense of acquired intangible assets11,441 4,255 31,188 12,740 
Restructuring and other charges— — 4,741 — 
Acquisition-related expenses
1,782 — 4,077 — 
Add: Other segment items, net (3)
15,757 21,286 57,965 72,318 
Net loss$(13,883)$(4,125)$(59,810)$(23,900)
(1) Cost of revenue, sales and marketing expense and research and development expense, adjusted to exclude stock-based compensation and related employer payroll taxes, amortization of acquired intangible assets and restructuring and other charges.
(2) General and administrative expense adjusted to exclude stock-based compensation and related employer payroll taxes and acquisition-related expenses.
(3) Other segment items, net include interest income, interest expense, other expense, net and provision for income taxes.