v3.26.3
SEGMENT INFORMATION
 12 Months Ended
Aug. 31, 2026
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
Operating segments are defined as components of an enterprise that have the following characteristics: (i) they engage in business activities from which they may earn revenue and incur expense, (ii) their operating results are regularly reviewed by the chief operating decision maker ("CODM") for resource allocation decisions and performance assessment, and (iii) their discrete financial information is available. Our CEO functions as our CODM.
We have three operating segments: Americas, EMEA and Asia Pacific. This is how our CODM manages our business and the geographic markets in which we operate. These operating segments are consistent with our reportable segments. Our CODM uses segment operating income to assess performance and allocate resources to each segment. The CODM compares the actual results of each segment with one another, as well as, to prior periods.
The Americas segment primarily sells to clients throughout North, Central, and South America. The EMEA segment primarily sells to clients in Europe, the Middle East, and Africa. The Asia Pacific segment primarily sells to clients in Asia and Australasia. Segment revenues reflect sales to our clients based on the geographic region where the sale originated.
While each segment records expenses related to its individual operations, the majority of our data centers, third-party data costs and corporate headquarters charges are recorded by the Americas segment and are not allocated to the other segments. The expenses incurred at our global centers of excellence ("COEs"), primarily located in India and the Philippines, are allocated to each segment based on their respective percentage of revenues as this reflects the benefits provided to each segment.
Intercompany revenue and expense amounts have been eliminated within each segment in order to report on the basis that management uses internally for evaluating segment performance.
The following tables reflect the results of operations of our segments:
(in thousands)
Year Ended August 31, 2026AmericasEMEAAsia PacificTotal
Revenues$1,617,438 $605,339 $253,479 $2,476,256 
Operating expenses(1)
1,357,872 346,936 71,491 1,776,299 
Operating income
$259,566 $258,403 $181,988 $699,957 
Total other income (expense), net(50,241)
Income before income taxes$649,716 
Other segment disclosures
Depreciation and amortization
$164,094 $8,635 $8,101 $180,830 
Stock-based compensation$67,677 $11,006 $5,416 $84,099 
Capital expenditures(2)
$97,291 $13,006 $4,423 $114,720 
Year Ended August 31, 2025AmericasEMEAAsia PacificTotal
Revenues$1,506,108 $580,284 $235,356 $2,321,748 
Operating expenses(1)
1,200,145 306,282 67,018 1,573,445 
Operating income
$305,963 $274,002 $168,338 $748,303 
Total other income (expense), net(27,345)
Income before income taxes$720,958 
Other segment disclosures
Depreciation and amortization
$141,961 $7,857 $7,873 $157,691 
Stock-based compensation$47,441 $9,182 $4,606 $61,229 
Capital expenditures(2)
$95,581 $5,924 $7,301 $108,806 
Year Ended August 31, 2024AmericasEMEAAsia PacificTotal
Revenues$1,419,901 $563,128 $220,027 $2,203,056 
Operating expenses(1)
1,158,111 280,165 63,481 1,501,757 
Operating income
$261,790 $282,963 $156,546 $701,299 
Total other income (expense), net(49,796)
Income before income taxes$651,503 
Other segment disclosures
Depreciation and amortization$110,147 $7,171 $7,869 $125,187 
Stock-based compensation$51,601 $8,007 $3,893 $63,501 
Capital expenditures(2)
$77,417 $3,835 $4,429 $85,681 
(1)Operating expenses consist of Cost of services and SG&A costs.
(2)Capital expenditures include purchases of PPE and capitalized internal-use software.
Segment Total Assets
The following table reflects the total assets for our segments:
As of August 31,
(in thousands)202620252024
Segment Assets
Americas$3,447,703 $3,523,467 $3,178,800 
EMEA536,357 610,364 600,206 
Asia Pacific155,963 170,441 276,034 
Total assets$4,140,023 $4,304,272 $4,055,040 
Geographic Information
The following tables reflect our revenues and long-lived assets, split geographically by our country of domicile (the U.S.) and other countries where major subsidiaries are domiciled.
Geographic Revenues
The following table sets forth revenues by geography, attributed to countries based on the location of the client:
(in thousands)Years ended August 31,
202620252024
Revenues
United States$1,516,107 $1,415,864 $1,340,350 
United Kingdom242,584 231,009 221,850 
All other countries(1)
717,565 674,875 640,856 
Total revenues
$2,476,256 $2,321,748 $2,203,056 
(1) Geographic revenues for Other European Countries were combined with All other countries in fiscal 2026. We conformed the comparative prior year figures to the current year presentation.
Geographic Long-Lived Assets
The following table sets forth long-lived assets by geographic area, which consist of PPE, net and Lease ROU assets, net.
(in thousands)August 31,
20262025
Long-lived Assets
United States$87,839 $103,545 
Philippines28,598 38,572 
United Kingdom33,933 16,869 
All other countries(1)
42,151 47,993 
Total long-lived assets$192,521 $206,979 
(1) India long-lived assets were combined with All other countries in fiscal 2026. We conformed the comparative prior year figures to the current year presentation.