Balance Sheet Components (Tables)
|
9 Months Ended |
Apr. 30, 2026 |
|---|
| Organization, Consolidation and Presentation of Financial Statements [Abstract] |
|
| Schedule of Investments in Marketable Debt Securities, by Contractual Maturity Date |
The following table summarizes the estimated fair value of our investments in marketable debt securities by their contractual maturity dates:
|
|
|
|
|
|
|
As of
April 30, 2026 |
|
|
|
(in thousands) |
|
Due within one year |
|
$ |
697,949 |
|
Due in one to three years |
|
|
601,142 |
|
Total |
|
$ |
1,299,091 |
|
|
| Schedule of Prepaid Expenses and Other Current Assets |
Prepaid expenses and other current assets consists of the following:
|
|
|
|
|
|
|
|
|
|
|
As of |
|
|
|
July 31,
2025 |
|
|
April 30,
2026 |
|
|
|
(in thousands) |
|
Prepaid operating expenses |
|
$ |
56,762 |
|
|
$ |
65,554 |
|
VAT receivables |
|
|
10,316 |
|
|
|
9,878 |
|
Other current assets |
|
|
38,313 |
|
|
|
120,237 |
|
Total prepaid expenses and other current assets |
|
$ |
105,391 |
|
|
$ |
195,669 |
|
|
| Schedule of Property and Equipment, Net |
Property and equipment, net consists of the following:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As of |
|
|
|
Estimated
Useful Life |
|
July 31,
2025 |
|
|
April 30,
2026 |
|
|
|
(in months) |
|
(in thousands) |
|
Computer, production, engineering and other equipment |
|
36 |
|
$ |
435,564 |
|
|
$ |
436,459 |
|
Demonstration units |
|
12 |
|
|
59,475 |
|
|
|
53,281 |
|
Leasehold improvements |
|
(1) |
|
|
71,520 |
|
|
|
80,741 |
|
Software |
|
(2) |
|
|
29,152 |
|
|
|
28,808 |
|
Furniture and fixtures |
|
60 |
|
|
15,542 |
|
|
|
16,302 |
|
Total property and equipment, gross |
|
|
|
|
611,253 |
|
|
|
615,591 |
|
Less: accumulated depreciation |
|
|
|
|
(468,439 |
) |
|
|
(488,275 |
) |
Total property and equipment, net |
|
|
|
$ |
142,814 |
|
|
$ |
127,316 |
|
(1)Leasehold improvements are amortized over the shorter of the estimated useful lives of the improvements or the remaining lease term. (2)The estimated useful life of software ranges from 36 to 120 months, representing the period during which the software is expected to contribute, either directly or indirectly, to our future cash flows.
|
| Schedule of Finite-Lived Intangible Assets |
Intangible assets, net consists of the following:
|
|
|
|
|
|
|
|
|
|
|
As of |
|
|
|
July 31,
2025 |
|
|
April 30,
2026 |
|
|
|
(in thousands) |
|
Developed technology |
|
$ |
79,838 |
|
|
$ |
79,838 |
|
Customer relationships |
|
|
11,230 |
|
|
|
11,230 |
|
Trade name |
|
|
4,200 |
|
|
|
4,200 |
|
Total intangible assets, gross |
|
|
95,268 |
|
|
|
95,268 |
|
Less: |
|
|
|
|
|
|
Accumulated amortization of developed technology |
|
|
(78,989 |
) |
|
|
(79,297 |
) |
Accumulated amortization of customer relationships |
|
|
(9,464 |
) |
|
|
(9,738 |
) |
Accumulated amortization of trade name |
|
|
(4,200 |
) |
|
|
(4,200 |
) |
Total accumulated amortization |
|
|
(92,653 |
) |
|
|
(93,235 |
) |
Total intangible assets, net |
|
$ |
2,615 |
|
|
$ |
2,033 |
|
|
| Schedule of Finite-Lived Intangible Assets, Future Amortization Expense |
The estimated future amortization expense of our intangible assets is as follows:
|
|
|
|
|
Fiscal Year Ending July 31: |
|
Amount |
|
|
|
(in thousands) |
|
2026 (remaining three months) |
|
$ |
197 |
|
2027 |
|
|
777 |
|
2028 |
|
|
353 |
|
2029 |
|
|
353 |
|
2030 |
|
|
353 |
|
Total |
|
$ |
2,033 |
|
|
| Schedule of Accrued Liabilities |
Accrued compensation and benefits consists of the following:
|
|
|
|
|
|
|
|
|
|
|
As of |
|
|
|
July 31,
2025 |
|
|
April 30,
2026 |
|
|
|
(in thousands) |
|
Accrued vacation |
|
$ |
31,062 |
|
|
$ |
36,022 |
|
Accrued bonus |
|
|
37,654 |
|
|
|
24,950 |
|
Accrued benefits |
|
|
17,976 |
|
|
|
24,398 |
|
Payroll taxes payable |
|
|
31,366 |
|
|
|
22,301 |
|
Accrued commissions and taxes |
|
|
51,036 |
|
|
|
20,763 |
|
Accrued wages and taxes |
|
|
18,846 |
|
|
|
9,973 |
|
Contributions to ESPP withheld |
|
|
26,325 |
|
|
|
9,263 |
|
Other |
|
|
16,233 |
|
|
|
17,666 |
|
Total accrued compensation and benefits |
|
$ |
230,498 |
|
|
$ |
165,336 |
|
|