v3.26.3
Revenue, Deferred Revenue and Deferred Commissions (Tables)
12 Months Ended
Jul. 31, 2026
Revenue Recognition and Deferred Revenue [Abstract]  
Schedule of Revenue by Arrangement, Disclosure

The following table depicts the disaggregation of revenue by revenue type, consistent with how we evaluate our financial performance:

 

 

 

Fiscal Year Ended July 31,

 

 

 

2024

 

 

2025

 

 

2026

 

 

 

(in thousands)

 

Subscription

 

$

2,016,776

 

 

$

2,410,751

 

 

$

2,712,274

 

Professional services and other (1)

 

 

132,040

 

 

 

127,176

 

 

 

141,271

 

Total revenue

 

$

2,148,816

 

 

$

2,537,927

 

 

$

2,853,545

 

 

(1)
Prior to fiscal 2026, these amounts were presented as separate line items, Professional services and Other non-subscription product, as described below. Prior period amounts have been updated to conform to the current period presentation.
Schedule of Deferred Revenue, by Arrangement, Disclosure

Significant changes in the balance of deferred revenue (contract liability) and deferred commissions (contract cost asset) for the periods presented are as follows:

 

 

 

Deferred
Revenue

 

 

Deferred
Commissions

 

 

 

(in thousands)

 

Balance as of July 31, 2024

 

$

1,872,706

 

 

$

358,811

 

Additions

 

 

2,777,975

 

 

 

228,378

 

Revenue/commissions recognized

 

 

(2,537,927

)

 

 

(244,896

)

Balance as of July 31, 2025

 

 

2,112,754

 

 

 

342,293

 

Additions

 

 

3,164,160

 

 

 

275,072

 

Revenue/commissions recognized

 

 

(2,853,545

)

 

 

(243,443

)

Balance as of July 31, 2026

 

$

2,423,369

 

 

$

373,922