v3.26.1
Property and Equipment
12 Months Ended
Jul. 31, 2026
Property, Plant, and Equipment [Abstract]  
Property and Equipment Property and Equipment
The following table presents details of our property and equipment, net (in millions):
July 31,
20262025
Computers, equipment, and software$612 $513 
Leasehold improvements366 325 
Land178 87 
Demonstration units49 47 
Furniture and fixtures65 54 
Total property and equipment, gross1,270 1,026 
Less: accumulated depreciation(747)(639)
Total property and equipment, net$523 $387 
We recognized depreciation expense of $111 million, $94 million, and $85 million related to property and equipment during the years ended July 31, 2026, 2025, and 2024, respectively.
During the year ended July 31, 2026, we purchased 14.5 acres of land adjacent to our headquarters in Santa Clara, California for $91 million to accommodate future expansion of our headquarters.