v3.26.3
Stock-Based Compensation Plans (Tables)
3 Months Ended
Aug. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-Based Payment Arrangement, Expensed and Capitalized, Amount The Company recognized stock-based compensation associated with the 2022 and 2024 Plans as follows (in thousands):
Three Months Ended
August 31, 2026August 31, 2025
Services and other cost of revenue$746 $773 
Data center rental and other cost of revenue270 8 
Selling, general, and administrative65,483 13,755 
Capitalized (1)
2,665 929 
Total stock-based compensation$69,164 $15,465 
(1)Capitalized to Construction in progress in the unaudited condensed consolidated balance sheets.
Schedule of Share-Based Payment Arrangement, Restricted Stock Awards and Restricted Stock Unit, Activity
The following is a summary of the activity and balances for unvested restricted stock awards granted during the three months ended August 31, 2026:
Number of SharesWeighted Average Grant Date Fair Value Per Share
Outstanding as of May 31, 2026
35,722 $3.73 
Granted— — 
Vested— — 
Forfeited— — 
Outstanding as of August 31, 2026
35,722 $3.73 
The following is a summary of the activity and balances for unvested restricted stock units granted during the three months ended August 31, 2026:
Number of SharesWeighted Average Grant Date Fair Value Per Share
Outstanding as of May 31, 2026
7,965,833 $20.87 
Granted696,797 32.41 
Vested(856,409)10.44 
Forfeited(38,553)14.20 
Outstanding as of August 31, 2026
7,767,668 $23.08 
Schedule of Unvested Performance Stock Units Activity
The following is a summary of the activity and balances for unvested performance stock units granted during the three months ended August 31, 2026:
Number of SharesWeighted Average Grant Date Fair Value Per Share
Outstanding as of May 31, 2026
14,386,250 $18.45 
Granted— — 
Vested(6,911,250)10.14 
Forfeited— — 
Outstanding as of August 31, 2026
7,475,000 $26.14