v3.26.3
Intangible Assets and Goodwill
 9 Months Ended
Aug. 31, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Intangible Assets and Goodwill Intangible Assets and Goodwill
Intangible Assets

Intangible assets are comprised of the following significant classes:
 
August 31, 2026November 30, 2025
(in thousands)Gross Carrying AmountAccumulated AmortizationNet Book ValueGross Carrying AmountAccumulated AmortizationNet Book Value
Purchased technology$403,375 $(278,116)$125,259 $403,375 $(251,491)$151,884 
Customer-related777,930 (449,970)327,960 777,930 (377,368)400,562 
Trademarks and trade names77,111 (50,857)26,254 77,111 (45,529)31,582 
Total$1,258,416 $(778,943)$479,473 $1,258,416 $(674,388)$584,028 
In the three and nine months ended August 31, 2026, amortization expense related to intangible assets was $35.1 million and $104.6 million, respectively. In the three and nine months ended August 31, 2025, amortization expense related to intangible assets was $37.2 million and $110.0 million, respectively.
Future amortization expense for intangible assets as of August 31, 2026, is as follows:
 
(in thousands)
Remainder of 2026$32,710 
2027112,166 
2028100,582 
2029100,582 
203072,580 
Thereafter60,853 
Total$479,473 
Goodwill

Changes in the carrying amount of goodwill in the nine months ended August 31, 2026 are as follows:

(in thousands)
Balance, December 1, 2025$1,309,054 
Measurement period adjustments(1) and other
683 
Balance, August 31, 2026
$1,309,737 
(1) Represents measurement period adjustments related to Nuclia during fiscal year 2026. Refer to Note 4, Business Combinations for further information.