v3.26.3
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 31, 2026
Jul. 31, 2025
Current assets:    
Cash and cash equivalents $ 777,308 $ 769,502
Short-term investments 1,584,155 1,223,234
Accounts receivable, net of allowances of $2,187 and $3,313, respectively 289,251 337,967
Deferred commissions-current 156,316 153,072
Prepaid expenses and other current assets 221,483 105,391
Total current assets 3,028,513 2,589,166
Property and equipment, net 134,887 142,814
Operating lease right-of-use assets 164,427 134,526
Deferred commissions—non-current 217,606 189,221
Intangible assets, net 1,837 2,615
Goodwill 185,235 185,235
Deferred tax asset [1] 1,215,823 16,974
Other assets—non-current 125,357 22,643
Total assets 5,073,685 3,283,194
Current liabilities:    
Accounts payable 96,508 81,599
Accrued compensation and benefits 269,181 230,498
Accrued expenses and other current liabilities 36,117 24,187
Deferred revenue—current 1,246,575 1,054,023
Operating lease liabilities—current 35,713 23,234
Total current liabilities 1,684,094 1,413,541
Deferred revenue—non-current 1,176,794 1,058,731
Operating lease liabilities—non-current 134,310 115,754
Convertible senior notes, net 1,348,711 1,343,818
Other liabilities-non-current 27,211 45,870
Total liabilities 4,371,120 3,977,714
Commitments and contingencies (Note 7)
Stockholders' deficit:    
Common stock, par value of $0.000025 per share-1,000,000 Class A shares authorized as of July 31, 2025 and July 31 2026 269,045 and 270,829 Class A shares issued and outstanding as of July 31, 2025 and July 31 2026, respectively 7 7
Additional paid-in capital 4,416,059 4,200,466
Accumulated other comprehensive income (loss) (4,895) 700
Accumulated deficit (3,708,606) (4,895,693)
Total stockholders' (deficit) equity 702,565 (694,520)
Total liabilities and stockholders' (deficit) equity $ 5,073,685 $ 3,283,194
[1] Prior to the fourth quarter of fiscal 2026, this was included within Other assets—non-current. Prior period amounts have been updated to conform to the current period presentation.