v3.26.3
Revenue Recognition (Tables)
 9 Months Ended
Aug. 31, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Revenue from External Customers by Revenue Type
Our revenues are derived from licensing our products and from related services, which consist of maintenance, SaaS, and professional services. Information relating to revenue from external customers by revenue type is as follows:
 
Three Months EndedNine Months Ended
(in thousands)August 31, 2026August 31, 2025August 31, 2026August 31, 2025
Performance obligations transferred at a point in time:
Software licenses$63,556 $63,437 $200,116 $172,677 
Performance obligations transferred over time:
Maintenance100,016 104,849 301,577 307,875 
SaaS72,623 71,512 216,089 213,027 
Professional services9,810 9,997 29,487 31,586 
Total revenue$246,005 $249,795 $747,269 $725,165 
Schedule of Revenue from External Customers from Different Geographical Areas
In the following table, revenue attributed to North America includes sales to customers in the U.S. and Canada and sales to certain multinational organizations. Revenue from EMEA, Latin America, and the Asia Pacific region includes sales to customers in each region plus sales from the U.S. to distributors in these regions. Information relating to revenue from external customers from different geographical areas is as follows:
 
Three Months EndedNine Months Ended
(in thousands)August 31, 2026August 31, 2025August 31, 2026August 31, 2025
North America$159,357 $163,404 $474,575 $465,376 
EMEA68,994 68,339 217,982 208,321 
Latin America6,456 6,221 17,772 16,126 
Asia Pacific11,198 11,831 36,940 35,342 
Total revenue$246,005 $249,795 $747,269 $725,165 
Schedule of Unbilled Receivables and Contract Assets and Changes in Deferred Revenue
As of August 31, 2026, billing of our non-current unbilled receivables is expected to occur as follows:
(in thousands)
2027$8,999 
202820,813 
20299,601 
Total$39,413 
As of August 31, 2026, the changes in deferred revenue were as follows:

(in thousands)
Balance, December 1, 2025$425,079 
Billings and other728,657 
Revenue recognized that was deferred in prior periods(342,207)
Revenue recognized from current period arrangements(405,062)
Balance, August 31, 2026$406,467