XML 19 R9.htm IDEA: XBRL DOCUMENT v3.25.3
Revenue
 3 Months Ended
Oct. 31, 2025
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
Disaggregation of Revenue
Revenue by product type is as follows (in thousands):
Three Months Ended
October 31,
20252024
Subscription and support
Subscription$207,459 $152,858 
Support14,744 16,884 
License
Term license41,967 37,370 
Services68,469 55,789 
 Total revenue$332,639 $262,901 
Revenue by product type and by geography is as follows (in thousands):
Three Months Ended October 31, 2025
Subscription and supportLicenseServicesTotal
United States$147,627 $20,472 $45,906 $214,005 
Canada28,321 5,597 9,245 43,163 
Other Americas3,379 — 754 4,133 
Total Americas179,327 26,069 55,905 261,301 
Total EMEA28,288 8,746 9,582 $46,616 
Total APAC14,588 7,152 2,982 24,722 
Total revenue$222,203 $41,967 $68,469 $332,639 
Three Months Ended October 31, 2024
Subscription and supportLicenseServicesTotal
United States$112,814 $12,858 $37,574 $163,246 
Canada24,986 5,234 6,581 36,801 
Other Americas1,510 336 485 2,331 
Total Americas139,310 18,428 44,640 202,378 
Total EMEA17,999 9,018 8,179 35,196 
Total APAC12,433 9,924 2,970 25,327 
Total revenue$169,742 $37,370 $55,789 $262,901 
No country or region other than those listed above accounted for more than 10% of revenue during the three months ended October 31, 2025 and 2024.
Customer Contract – Related Balance Sheet Amounts
Amounts related to customer contract-related arrangements are included in the condensed consolidated balance sheets as follows (in thousands):
October 31, 2025July 31, 2025
Unbilled accounts receivable, net$163,099 $131,629 
Contract acquisition costs, net
$64,178 $67,922 
Costs to fulfill a contract, net
$9,115 $9,415 
Deferred revenue, net$256,001 $344,786 
Contract acquisition costs
The current portion of contract acquisition costs of $20.5 million and $21.1 million is included in prepaid and other current assets in the Company’s condensed consolidated balance sheets as of October 31, 2025 and July 31, 2025, respectively. The non-current portion of contract acquisition costs of $43.7 million and $46.8 million is included in other assets in the Company’s condensed consolidated balance sheets as of October 31, 2025 and July 31, 2025, respectively. The Company amortized $5.7 million and $5.1 million of contract acquisition costs during the three months ended October 31, 2025 and 2024, respectively.
Costs to fulfill a contract
The current portion of costs to fulfill a contract of $6.0 million and $5.9 million is included in prepaid and other current assets in the Company’s condensed consolidated balance sheets as of October 31, 2025 and July 31, 2025, respectively. The non-current portion of costs to fulfill a contract of $3.1 million and $3.5 million is included in other assets in the Company’s condensed consolidated balance sheets as of October 31, 2025 and July 31, 2025, respectively. The Company amortized $3.1 million and $2.6 million of costs to fulfill a contract during the three months ended October 31, 2025 and 2024, respectively.
Deferred revenue
During the three months ended October 31, 2025, the Company recognized revenue of approximately $163.7 million related to the Company’s gross deferred revenue balance as of July 31, 2025.
Remaining Performance Obligations
The aggregate amount of consideration allocated to remaining performance obligations either not satisfied or partially satisfied was approximately $3.2 billion as of October 31, 2025. Subscription services are typically satisfied over five years and support services and professional services are generally satisfied within one year. Professional services under time and material contracts are not included in the remaining performance obligations calculation as these arrangements can be cancelled at any time.