v3.26.1
Commitments and Contingencies (Tables)
12 Months Ended
Jul. 31, 2026
Commitments and Contingencies Disclosure [Abstract]  
Future commitments and obligations under the operating leases
The Company’s contractual obligations and commitments as of July 31, 2026 are as follows (in thousands):
Purchase commitments(1)
Debt(2)
Total
Fiscal year ending July 31,
2027$218,069 $8,625 $226,694 
202855,100 8,625 63,725 
20299,437 8,625 18,062 
2030592 694,313 694,905 
2031 and thereafter503 — 503 
Total$283,701 $720,188 $1,003,888 
(1) Purchase commitments represent royalty obligations and commitments to purchase goods and services, entered into in the ordinary course of business, for which a penalty could be imposed if the agreement was cancelled for any reason other than an event of default as described by the agreement. During fiscal year 2023, the Company entered into an agreement with a cloud infrastructure services provider for a total obligation of $600 million over a five-year period. Purchase commitments do not include lease obligations (refer to Note 8 “Leases” for future operating lease payments).
(2) Debt consists of principal and interest payments on the Company’s 2029 Convertible Senior Notes. The $690 million in principal will be due in the fiscal year ended July 31, 2030.