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Segment Information (Tables)
12 Months Ended
Jul. 31, 2025
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information
The following table presents selected financial information for the Company’s single operating segment (in thousands):
Fiscal years ended July 31,
202520242023
Total revenue
$1,202,459 $980,497 $905,341 
  Adjusted cost of revenue (1)
413,303 362,572 409,977 
  Stock-based compensation expense
34,848 32,624 33,793 
  Amortization of intangible assets
2,255 1,940 3,360 
Total cost of revenue
450,406 397,136 447,130 
Gross profit
752,053 583,361 458,211 
Gross profit margin
63 %59 %51 %
  Segment operating expenses580,911 518,427 483,683 
  Stock-based compensation expense
126,708 113,836 109,049 
  Amortization of intangible assets
3,189 3,528 3,528 
  Acquisition holdback expense
177 143 2,939 
  Net impact of assignment of lease agreement
— — 8,502 
Total operating expenses
710,985 635,934 607,701 
Income (loss) from operations
41,068 (52,573)(149,490)
Income (loss) from operations margin
%(5)%(17)%
  Interest income (expense) and other income (expense)64,109 27,621 17,901 
  Changes in fair value of strategic investment
(2,130)(1,957)(802)
  Gain on sale of strategic investment
3,671 1,803 — 
  Amortization of debt issuance cost
(3,758)(1,732)(1,703)
  Retirement of debt
(53,565)— — 
Income (loss) before provision for (benefit from) income taxes
49,395 (26,838)(134,094)
Provision for (benefit from) income taxes
(20,409)(20,735)(22,239)
Net income (loss)
$69,804 $(6,103)$(111,855)
(1) Adjusted cost of revenue excludes stock-based compensation and amortization of intangible assets expense
Property and equipment, net by geographic region
The Company’s long-lived assets for this disclosure are defined as property and equipment and operating lease assets. The Company’s long-lived assets by geographic region are as follows (in thousands):
July 31, 2025July 31, 2024
Americas$64,255 $69,004 
EMEA25,736 26,192 
APAC9,754 3,963 
Total
$99,745 $99,159