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Commitments and Contingencies (Tables)
12 Months Ended
Jul. 31, 2025
Commitments and Contingencies Disclosure [Abstract]  
Future commitments and obligations under the operating leases
The Company’s contractual obligations and commitments as of July 31, 2025 are as follows (in thousands):
Purchase Commitments(1)
Debt(2)
Total
Fiscal Year Ending July 31,
2026$194,755 $8,625 $203,380 
2027161,453 8,625 170,078 
202843,165 8,625 51,790 
20293,345 8,625 11,970 
2030 and thereafter314 694,313 694,627 
Total$403,032 $728,813 $1,131,845 

(1) Purchase commitments represent royalty obligations and commitments to purchase goods and services, entered into in the ordinary course of business, for which a penalty could be imposed if the agreement was cancelled for any reason other than an event of default as described by the agreement. During fiscal year 2023, the Company entered into an agreement with a cloud infrastructure services provider for a total obligation of $600 million over a five-year period. Purchase commitments do not include lease obligations (refer to Note 8).
(2) Debt consists of principal and interest payments on the Company’s 2029 Convertible Senior Notes. The $690 million in principal will be due in November 2029.