| Goodwill and Intangible Assets |
Goodwill and Intangible Assets Goodwill The changes in the carrying amount of goodwill during the six months ended April 30, 2026 are as follows: | | | | | | | | (in thousands) | | | | | | | | | Balance at October 31, 2025 | $ | 26,899,215 | | | | | Adjustments | (43,278) | | | Effect of foreign currency translation | (2,130) | | Balance at April 30, 2026 | $ | 26,853,807 | |
Intangible Assets Intangible assets as of April 30, 2026 consist of the following: | | | | | | | | | | | | | | | | | | | Gross Carrying Amount | | Accumulated Amortization | | Net Carrying Amount | | | (in thousands) | | Core/developed technology | $ | 7,314,600 | | | $ | 1,317,353 | | | $ | 5,997,247 | | | Customer relationships | 5,415,568 | | | 718,972 | | | 4,696,596 | | | Contract rights intangible | 612,855 | | | 348,636 | | | 264,219 | | | | | | | | | Trademarks and trade names | 962,925 | | | 45,569 | | | 917,356 | | | | | | | | | | | | | | | Total | $ | 14,305,948 | | | $ | 2,430,530 | | | $ | 11,875,418 | |
Intangible assets as of October 31, 2025 consist of the following: | | | | | | | | | | | | | | | | | | | Gross Carrying Amount | | Accumulated Amortization | | Net Carrying Amount | | | (in thousands) | | Core/developed technology | $ | 7,309,753 | | | $ | 929,901 | | | $ | 6,379,852 | | | Customer relationships | 5,415,558 | | | 428,377 | | | 4,987,181 | | | Contract rights intangible | 614,358 | | | 239,808 | | | 374,550 | | | | | | | | | Trademarks and trade names | 962,925 | | | 24,917 | | | 938,008 | | | | | | | | | | | | | | | Total | $ | 14,302,594 | | | $ | 1,623,003 | | | $ | 12,679,591 | |
Amortization expense related to intangible assets consists of the following: | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended April 30, | | Six Months Ended April 30, | | | 2026 | | 2025 | | 2026 | | 2025 | | | (in thousands) | | Core/developed technology | $ | 193,619 | | | $ | 7,337 | | | $ | 387,142 | | | $ | 15,526 | | | Customer relationships | 144,949 | | | 3,993 | | | 290,616 | | | 7,989 | | | Contract rights intangible | 54,737 | | | 323 | | | 109,456 | | | 730 | | | | | | | | | | | Trademarks and trade names | 10,326 | | | 3 | | | 20,652 | | | 7 | | | | | | | | | | | Total | $ | 403,631 | | | $ | 11,656 | | | $ | 807,866 | | | $ | 24,252 | |
The following table presents the estimated future amortization of acquired intangible assets as of April 30, 2026: | | | | | | | Fiscal year | (in thousands) | | Remainder of fiscal 2026 | $ | 805,653 | | | 2027 | 1,545,111 | | | 2028 | 1,384,601 | | | 2029 | 1,381,906 | | | 2030 | 1,376,058 | | | 2031 and thereafter | 5,382,089 | | | | | Total | $ | 11,875,418 | |
|