v3.26.1
Revenue Recognition
 6 Months Ended
Jul. 31, 2026
Revenue from Contract with Customer [Abstract]  
Revenue Recognition Revenue Recognition
Disaggregation of Revenue
The following tables summarize revenue by geographical region (dollars in thousands): 
Three Months Ended July 31,
20262025
AmountPercentage of RevenueAmountPercentage of Revenue
Americas (1)
$205,042 50 %$181,081 50 %
Europe, Middle East, and Africa136,110 33 %113,026 31 %
Asia-Pacific69,104 17 %67,621 19 %
Total revenue$410,256 100 %$361,728 100 %
(1)Revenue from the U.S. represented 44% and 47% of our total revenue for the three months ended July 31, 2026 and 2025, respectively.
Six Months Ended July 31,
20262025
AmountPercentage of RevenueAmountPercentage of Revenue
Americas (1)
$404,769 49 %$342,488 48 %
Europe, Middle East, and Africa273,264 33 %236,690 33 %
Asia-Pacific150,605 18 %139,174 19 %
Total revenue$828,638 100 %$718,352 100 %
(1)Revenue from the U.S. represented 44% and 45% of our total revenue for the six months ended July 31, 2026 and 2025, respectively.
Deferred Revenue
During the six months ended July 31, 2026 and 2025, we recognized $369.2 million and $362.6 million of revenue that was included in the deferred revenue balance as of January 31, 2026 and 2025, respectively.
Remaining Performance Obligations
Our remaining performance obligations are comprised of licenses, subscription services, and professional services not yet delivered. As of July 31, 2026, the aggregate amount of the transaction price allocated to remaining performance obligations was $1,377.6 million, which consists of $615.4 million of billed consideration and $762.2 million of unbilled consideration. We expect to recognize 65% of our remaining performance obligations as revenue over the next 12 months, and the remainder thereafter.
Deferred Contract Acquisition Costs
Our deferred contract acquisition costs are comprised of sales commissions that represent incremental costs to obtain customer contracts, and are determined based on sales compensation plans. Amortization of deferred contract acquisition costs was $28.1 million and $22.8 million for the three months ended July 31, 2026 and 2025, respectively, and $52.2 million and $44.2 million for the six months ended July 31, 2026 and 2025, respectively, and is recorded in sales and marketing expense in the condensed consolidated statements of operations.