| Schedule of Fair Value Hierarchy for Financial Assets and Liabilities Measured at Fair Value on Recurring Basis |
The following table presents the fair value hierarchy for financial assets and liabilities measured at fair value on a recurring basis as of July 31, 2026 (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Level 1 | | Level 2 | | | | Total | | Assets | | | | | | | | | | Cash equivalents: | | | | | | | | | | Money market funds | | $ | 556,885 | | | $ | — | | | | | $ | 556,885 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Short-term investments: | | | | | | | | | | Certificates of deposit | | — | | | 27,685 | | | | | 27,685 | | | Asset-backed securities | | — | | | 134,285 | | | | | 134,285 | | | | | | | | | | | | Corporate notes and bonds | | — | | | 3,348,144 | | | | | 3,348,144 | | | Foreign government bonds | | — | | | 223,136 | | | | | 223,136 | | | Municipal securities | | — | | | 34,817 | | | | | 34,817 | | | U.S. agency obligations | | — | | | 1,498 | | | | | 1,498 | | | U.S. Treasury securities | | — | | | 1,661,370 | | | | | 1,661,370 | | | Foreign currency derivative contracts | | — | | | 7 | | | | | 7 | | | Total financial assets | | $ | 556,885 | | | $ | 5,430,942 | | | | | $ | 5,987,827 | | | Liabilities | | | | | | | | | | Foreign currency derivative contracts | | $ | — | | | $ | (1,288) | | | | | $ | (1,288) | | | Total financial liabilities | | $ | — | | | $ | (1,288) | | | | | $ | (1,288) | | | | | | | | | | |
The following table presents the fair value hierarchy for financial assets and liabilities measured at fair value on a recurring basis as of January 31, 2026 (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Level 1 | | Level 2 | | | | Total | | Assets | | | | | | | | | | Cash equivalents: | | | | | | | | | | Money market funds | | $ | 286,504 | | | $ | — | | | | | $ | 286,504 | | | U.S. Treasury securities | | — | | | 2,611 | | | | | 2,611 | | | | | | | | | | | | Short-term investments: | | | | | | | | | | Certificates of deposit | | — | | | 27,690 | | | | | 27,690 | | | Asset-backed securities | | — | | | 261,917 | | | | | 261,917 | | | Commercial paper | | — | | | 75,375 | | | | | 75,375 | | | Corporate notes and bonds | | — | | | 3,154,559 | | | | | 3,154,559 | | | Foreign government bonds | | — | | | 233,401 | | | | | 233,401 | | Municipal securities | | — | | | 37,453 | | | | | 37,453 | | | U.S. agency obligations | | — | | | 11,720 | | | | | 11,720 | | | U.S. Treasury securities | | — | | | 1,337,466 | | | | | 1,337,466 | | | Foreign currency derivative contracts | | — | | | 822 | | | | | 822 | | | Total financial assets | | $ | 286,504 | | | $ | 5,143,014 | | | | | $ | 5,429,518 | | | Liabilities | | | | | | | | | | Foreign currency derivative contracts | | $ | — | | | $ | (3,187) | | | | | $ | (3,187) | | | Total financial liabilities | | $ | — | | | $ | (3,187) | | | | | $ | (3,187) | | | | | | | | | | |
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