v3.26.1
Equity Award Plans (Tables)
 12 Months Ended
Jul. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Option and PSO Activities
The following table summarizes the PSO activity under our stock plans during the years ended July 31, 2026, 2025, and 2024 (in millions, except per share amounts):
PSOs Outstanding 
Number of SharesWeighted-Average Exercise Price Per Share Weighted-Average Remaining Contractual Term
(Years)		Aggregate Intrinsic Value
Balance—July 31, 202313 $32.60 2.2$1,185 
Exercised(3)32.42 
Balance—July 31, 202410 $32.66 1.2$1,245 
Exercised(1)
(9)32.65 
Balance—July 31, 20251 $32.76 0.5$197 
Exercised(1)32.76 
Balance—July 31, 2026— $— 0.0$— 
Exercisable—July 31, 2026— $— 0.0$— 
(1)Includes 1 million shares withheld by us to satisfy exercise price and tax withholding requirements.
Schedule of RSU and PSU Activities
The following table summarizes the RSU and PSU activity under our stock plans during the years ended July 31, 2026, 2025, and 2024 (in millions, except per share amounts):
Unvested RSUs
Unvested PSUs
Number of Shares Weighted-Average Grant-Date Fair Value Per ShareAggregate Intrinsic Value Number of Shares Weighted-Average Grant-Date Fair Value Per ShareAggregate Intrinsic Value
Balance—July 31, 202324 $71.30 $3,013 10 $64.32 $1,242 
Granted(1)
9 137.76 4 91.39 
Vested(2)
(12)68.63 (3)57.28 
Forfeited(3)84.12 (1)68.54 
Balance—July 31, 202418 $102.59 $2,924 10 $77.95 $1,624 
Granted(1)
6 189.45 4 201.59 
Vested(2)
(9)97.00 (1)64.65 
Forfeited(2)115.94 (4)92.11 
Balance—July 31, 202513 $143.33 $2,285 9 $140.92 $1,635 
Granted(1)(3)
15 184.48 4 186.49 
Vested(2)
(9)144.94 (3)150.68 
Forfeited(2)158.84 (2)146.42 
Balance—July 31, 202617 $177.41 $5,594 8 $155.85 $2,643 
(1)For PSUs, shares granted represent the aggregate maximum number of shares that may be earned and issued with respect to these awards over their full terms.
(2)Includes time-based vesting for PSUs.
(3)Includes 7 million RSUs assumed in connection with the acquisitions of Chronosphere, CyberArk, Koi, and Portkey with weighted-average grant-date fair value of $176.20, $165.30, $161.59, and $281.69 per share, respectively, for the year ended July 31, 2026.
Schedule of Shares Available for Grant
The following table presents the stock activity and the total number of shares available for grant under our equity incentive plans as of July 31, 2026 (in millions):
Number of shares
Balance—July 31, 202529 
Authorized10 
RSUs and PSUs granted(13)
RSUs and PSUs forfeited4 
Shares withheld for taxes— 
Balance—July 31, 202630 
Schedule of Assumptions Used and Grant-Date Fair Values The following table summarizes the assumptions used and the resulting grant-date fair value of our PSUs subject to market conditions granted during the years ended July 31, 2026, 2025, and 2024:
Year Ended July 31,
202620252024
Volatility
36.6% - 42.6%
43.5% - 47.6%
40.8% - 43.4%
Expected term (in years)
1.0 - 3.0
1.0 - 2.9
0.9 - 2.9
Dividend yield—%—%—%
Risk-free interest rate
3.6% - 3.9%
3.7% - 4.5%
4.4% - 5.3%
Grant-date fair value per share
$226.06 - $261.62
$264.51 - $305.83
$173.46 - $310.61
Schedule of Assumptions used and Resulting Grant-Sate Fair Values of our ESPP The following table summarizes the assumptions used and the resulting grant-date fair values of our ESPP:
Year Ended July 31,
202620252024
Volatility
35.6% - 39.2%
34.3% - 43.3%
39.6% - 50.0%
Expected term (in years)
0.5 - 2.0
0.5 - 2.0
0.5 - 2.0
Dividend yield—%—%—%
Risk-free interest rate
3.5% - 4.0%
3.9% - 4.8%
4.6% - 5.5%
Grant-date fair value per share
$32.77 - $73.67
$45.43 - $74.81
$32.81 - $66.66
Schedule of Share-Based Compensation by Award Types
The following table summarizes share-based compensation by award types (in millions):
Year Ended July 31,
202620252024
RSU and RSA$1,319 $878 $866 
PSU344 331 124 
Others152 91 89 
Total share-based compensation$1,815 $1,300 $1,079 
Schedule of Allocation of Share-Based Compensation Expense
The following table summarizes share-based compensation included in costs and expenses (in millions):
Year Ended July 31,
202620252024
Cost of product revenue $5 $5 $7 
Cost of subscription and support revenue 161 127 121 
Research and development688 551 526 
Sales and marketing513 359 301 
General and administrative448 258 124 
Total share-based compensation$1,815 $1,300 $1,079