v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Apr. 30, 2026
Apr. 30, 2025
Cash Flows From Operating Activities    
Net loss $ (59,810) $ (23,900)
Adjustments to reconcile net loss to cash provided by operating activities:    
Depreciation and amortization expense 105,611 74,101
Amortization expense of acquired intangible assets 31,188 12,740
Amortization of deferred contract acquisition costs 149,675 121,499
Amortization of debt issuance costs 6,121 2,947
Non-cash operating lease costs 60,447 47,896
Stock-based compensation expense 610,332 488,696
Accretion of investments purchased at a discount (4,568) (13,862)
Unrealized gains on hedging transactions (1,036) (862)
Deferred income taxes 326 (17,841)
Other 6,857 1,059
Changes in operating assets and liabilities, net of effects of business combinations:    
Accounts receivable 280,042 120,506
Deferred contract acquisition costs (184,660) (139,986)
Prepaid expenses, other current and noncurrent assets (29,053) (12,182)
Accounts payable (19,992) 28,947
Accrued expenses, other current and noncurrent liabilities 18,174 (7,033)
Accrued compensation (9,413) (5,693)
Deferred revenue (65,903) 90,011
Operating lease liabilities (43,969) (45,194)
Net cash provided by operating activities 850,369 721,849
Cash Flows From Investing Activities    
Purchases of property, equipment and other assets (77,467) (104,206)
Capitalized internal-use software (54,523) (62,871)
Payments for business acquisitions, net of cash acquired (770,048) (834)
Purchase of strategic investments (4,242) (786)
Purchases of short-term investments (1,971,715) (886,636)
Proceeds from maturities of short-term investments 418,648 875,893
Proceeds from sale of short-term investments 177,568 0
Net cash used in investing activities (2,281,779) (179,440)
Cash Flows From Financing Activities    
Proceeds from issuance of common stock upon exercise of stock options 3,984 3,497
Proceeds from issuance of common stock under the employee stock purchase plan 21,506 22,344
Payment of holdback amounts related to a business acquisition (110) (440)
Payments for issuance costs related to the 2028 Notes (684) 0
Purchases of capped calls related to the 2028 Notes (197) 0
Net cash provided by financing activities 24,499 25,401
Net increase (decrease) in cash and cash equivalents (1,406,911) 567,810
Cash and cash equivalents at beginning of period 2,389,023 1,423,080
Cash and cash equivalents at end of period 982,112 1,990,890
Supplemental Disclosure of Cash Flow Information    
Cash paid for income taxes, net of tax refunds 36,113 17,835
Cash paid for interest expense 0 718
Non-Cash Activities    
Operating lease right-of-use assets obtained in exchange for operating lease obligations, net of terminations 103,728 26,042
Net change in purchased equipment included in accounts payable and accrued expenses $ (1,946) $ 12,045