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Segment Information (Tables)

3 Months Ended

Oct. 31, 2025

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following table presents selected financial information for the Company’s single operating segment (in thousands):

			Three Months Ended October 31,
			2025						2024
Total revenue			$	332,639					$	262,901
Adjusted cost of revenue(1)			113,159						96,046
Stock-based compensation expense			9,150						7,978
Amortization of intangible assets			808						485
Total cost of revenue			123,117						104,509
Gross profit			209,522						158,392
Gross profit margin			63		%				60		%
Adjusted operating expenses(2)			156,054						132,148
Stock-based compensation expense			34,166						30,082
Amortization of intangible assets			647						882
Acquisition holdback expense			177						—
Total operating expenses			191,044						163,112
Income (loss) from operations			18,478						(4,720)
Income (loss) from operations margin			6		%				(2)		%
Adjusted interest income (expense) and other income (expense)(3)			7,064						8,281
Changes in fair value of strategic investment			(60)						53
Amortization of debt issuance cost			(980)						(545)
Retirement of debt			—						(300)
Income (loss) before provision for (benefit from) income taxes			24,502						2,769
Provision for (benefit from) income taxes			(6,806)						(6,370)
Net income (loss)			$	31,308					$	9,139

(1) Adjusted cost of revenue excludes stock-based compensation expense and amortization of intangible assets

(2) Adjusted operating expenses excludes stock-based compensation expense, amortization of intangible assets, and acquisition holdback expense

(3) Adjusted interest income (expense) and other income (expense) excludes changes in fair value of strategic investment, amortization of debt issuance cost, and retirement of debt

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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X

- References

No definition available.

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