Balance Sheet Components (Tables)

12 Months Ended

Jul. 31, 2026

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Investments in Marketable Debt Securities, by Contractual Maturity Date

The following table summarizes the estimated fair value of our investments in marketable debt securities by their contractual maturity dates:


	As of July 31, 2026
	(in thousands)
Due within one year	$	731,572
Due in one to three years		852,583
Total	$	1,584,155

Schedule of Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consists of the following:


	As of
	July 31, 2025		July 31, 2026
	(in thousands)
Prepaid operating expenses	$	56,762	$	66,355
VAT receivables		10,316		13,304
Other current assets		38,313		141,824
Total prepaid expenses and other current assets	$	105,391	$	221,483

Schedule of Property and Equipment, Net

Property and equipment, net consists of the following:


		As of
	Estimated Useful Life	July 31, 2025			July 31, 2026
	(in months)	(in thousands)
Computer, production, engineering and other equipment	36	$	435,564		$	450,087
Demonstration units	12		59,475			55,796
Leasehold improvements	(1)		71,520			80,372
Software	(2)		29,152			28,808
Furniture and fixtures	60		15,542			16,954
Total property and equipment, gross			611,253			632,017
Less: accumulated depreciation			(468,439	)		(497,130	)
Total property and equipment, net		$	142,814		$	134,887

(1)

Leasehold improvements are amortized over the shorter of the estimated useful lives of the improvements or the remaining lease term.

(2)

The estimated useful life of software ranges from 36 to 120 months, representing the period during which the software is expected to contribute, either directly or indirectly, to our future cash flows.

Schedule of Finite-Lived Intangible Assets

Intangible assets, net consists of the following:


	As of
	July 31, 2025			July 31, 2026
	(in thousands)
Developed technology	$	79,838		$	79,838
Customer relationships		11,230			11,230
Trade name		4,200			4,200
Total intangible assets, gross		95,268			95,268
Less:
Accumulated amortization of developed technology		(78,989	)		(79,405	)
Accumulated amortization of customer relationships		(9,464	)		(9,826	)
Accumulated amortization of trade name		(4,200	)		(4,200	)
Total accumulated amortization		(92,653	)		(93,431	)
Total intangible assets, net	$	2,615		$	1,837

The changes in the net book value of intangible assets, net are as follows:


	As of July 31,
	2025			2026
	(in thousands)
Intangible assets, net—beginning balance	$	5,153		$	2,615
Amortization of intangible assets (1)		(2,538	)		(778	)
Intangible assets, net—ending balance	$	2,615		$	1,837

(1)

Represents amortization expense related to intangible assets recognized during the year in our consolidated statements of operations, within product cost of revenue and sales and marketing expense.

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

The estimated future amortization expense of our intangible assets is as follows:


Fiscal Year Ending July 31:	Amount
	(in thousands)
2027		778
2028		353
2029		353
2030		353
2031		—
Total	$	1,837

Schedule of Accrued Liabilities

Accrued Compensation and Benefits

Accrued compensation and benefits consists of the following:


	As of
	July 31, 2025		July 31, 2026
	(in thousands)
Accrued commissions and taxes	$	51,036	$	51,053
Accrued bonus		37,654		42,620
Accrued vacation		31,062		34,386
Accrued severance		6,264		32,266
Payroll taxes payable		31,366		27,391
Contributions to ESPP withheld		26,325		23,832
Accrued benefits		17,976		22,964
Accrued wages and taxes		18,846		22,243
Other		9,969		12,426
Total accrued compensation and benefits	$	230,498	$	269,181