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Revenue, Deferred Revenue and Deferred Commissions (Tables)

12 Months Ended

Jul. 31, 2024

Revenue Recognition and Deferred Revenue [Abstract]

The following table depicts the disaggregation of revenue by revenue type, consistent with how we evaluate our financial performance:


	Fiscal Year Ended July 31,
	2022		2023		2024
	(in thousands)
Subscription	$	1,433,773	$	1,730,848	$	2,016,776
Professional services		91,744		91,841		100,852
Other non-subscription product (1)		55,279		40,206		31,188
Total revenue	$	1,580,796	$	1,862,895	$	2,148,816

(1)

Prior to fiscal 2024, these amounts were presented as separate line items, Non-portable software and Hardware, as described below. Prior period amounts have been updated to conform to the current period presentation.

Deferred Revenue, by Arrangement, Disclosure

Significant changes in the balance of deferred revenue (contract liability) and deferred commissions (contract asset) for the periods presented are as follows:


	Deferred Revenue			Deferred Commissions
	(in thousands)
Balance as of July 31, 2022	$	1,445,538		$	367,590
Additions (1)		2,012,389			187,381
Revenue/commissions recognized		(1,862,895	)		(196,980	)
Balance as of July 31, 2023		1,595,032			357,991
Additions (1)		2,426,490			218,876
Revenue/commissions recognized		(2,148,816	)		(218,056	)
Balance as of July 31, 2024	$	1,872,706		$	358,811

(1)

Includes both billed and unbilled amounts.