v3.26.1
Leases (Tables)
 6 Months Ended
Apr. 30, 2026
Leases [Abstract]  
Schedule of Components of Lease Expense and Supplemental Cash Flow Information
The components of our lease expense during the period presented are as follows:
Three Months Ended April 30,Six Months Ended April 30,
2026202520262025
(in thousands)
Operating lease expense (1)
$37,244 $26,063 $74,451 $51,115 
Variable lease expense (2)
12,105 6,797 22,622 13,557 
Total lease expense$49,349 $32,860 $97,073 $64,672 
(1) Operating lease expense includes immaterial amounts of short-term leases, net of sublease income.
(2) Variable lease expense includes payments to lessors that are not fixed or determinable at lease commencement date. These payments primarily consist of maintenance, property taxes, insurance and variable indexed based payments.
Supplemental cash flow information during the period presented is as follows:
Six Months Ended April 30,
20262025
(in thousands)
Cash paid for amounts included in the measurement of operating lease liabilities$69,942 $52,374 
ROU assets obtained in exchange for operating lease liabilities$70,891 $70,957 
Schedule of Lease Term and Discount Rate Information
Lease term and discount rate information related to our operating leases as of the end of the period presented are as follows:
As of
April 30, 2026October 31, 2025
Weighted-average remaining lease term (in years)6.546.88
Weighted-average discount rate3.46 %3.40 %
Schedule of Maturities of Future Lease Payments Under Operating Leases, and Sublease Income
The following table represents the maturities of our future lease payments due under operating leases as of April 30, 2026:
Lease Payments
Fiscal year(in thousands)
Remainder of fiscal 2026$76,968 
2027166,029 
2028152,626 
2029140,668 
2030111,140 
2031 and thereafter256,469 
Total future minimum lease payments
903,900 
Less: Imputed interest97,902 
Total lease liabilities
$805,998 
In addition, the sublease income from facilities leased by us, due to us as of April 30, 2026 are as follows:
Lease Receipts
Fiscal year(in thousands)
Remainder of fiscal 2026$9,558 
202719,689 
202820,280 
202920,888 
203017,867 
Total$88,282