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v3.26.1

BALANCE SHEET COMPONENTS (Tables) | 6 Months Ended
--- | ---
May 31, 2026
Balance Sheet Related Disclosures [Abstract] |
Schedule of Cash, Cash Equivalents, Cash Held for Sale, Restricted Cash and Restricted Cash Held for Sale | The following table provides a reconciliation of cash, cash equivalents, cash held for sale, restricted cash and restricted cash held for sale reported within the consolidated balance sheets to the total of the same amounts shown in the consolidated statements of cash flows:
| As of
| May 31, 2026 |  | May 31, 2025
Cash and cash equivalents | $ | 255,566 |  |  | $ | 342,759 |
Cash held for sale | 11,533 |  |  | — |
Restricted cash included in other current assets | 18,820 |  |  | 192,373 |
Restricted cash held for sale | 155,566 |  |  | — |
Cash, cash equivalents, cash held for sale, restricted cash and restricted cash held for sale | $ | 441,485 |  |  | $ | 535,132 |
Schedule of Restricted Cash and Cash Equivalents | The following table provides a reconciliation of cash, cash equivalents, cash held for sale, restricted cash and restricted cash held for sale reported within the consolidated balance sheets to the total of the same amounts shown in the consolidated statements of cash flows:
| As of
| May 31, 2026 |  | May 31, 2025
Cash and cash equivalents | $ | 255,566 |  |  | $ | 342,759 |
Cash held for sale | 11,533 |  |  | — |
Restricted cash included in other current assets | 18,820 |  |  | 192,373 |
Restricted cash held for sale | 155,566 |  |  | — |
Cash, cash equivalents, cash held for sale, restricted cash and restricted cash held for sale | $ | 441,485 |  |  | $ | 535,132 |
Schedule of Accounts Receivable, Net | Accounts receivable, net is comprised of the following as of May 31, 2026 and November 30, 2025:
| As of
| May 31, 2026 |  | November 30, 2025
Billed accounts receivable | $ | 1,106,384 |  |  | $ | 1,102,601 |
Unbilled accounts receivable | 904,234 |  |  | 913,863 |
Less: Allowance for credit losses | (22,640) |  |  | (17,443) |
Accounts receivable, net | $ | 1,987,978 |  |  | $ | 1,999,021 |
Schedule of Allowance for Credit Losses | Presented below is a progression of the allowance for credit losses:
| Three Months Ended |  | Six Months Ended
| May 31, 2026 |  | May 31, 2025 |  | May 31, 2026 |  | May 31, 2025
Balance at beginning of period | $ | 19,524 |  |  | $ | 17,416 |  |  | $ | 17,443 |  |  | $ | 14,307 |
Net additions | 4,025 |  |  | 1,605 |  |  | 6,106 |  |  | 4,918 |
Write-offs and reclassifications | (909) |  |  | 540 |  |  | (909) |  |  | 336 |
Balance at end of period | $ | 22,640 |  |  | $ | 19,561 |  |  | $ | 22,640 |  |  | $ | 19,561 |
Property and Equipment, Net | The following table summarizes the carrying amounts and related accumulated depreciation for property and equipment as of May 31, 2026 and November 30, 2025:
| As of
| May 31, 2026 |  | November 30, 2025
Land | $ | 19,391 |  |  | $ | 28,391 |
Equipment, computers, and software | 994,118 |  |  | 969,841 |
Furniture and fixtures | 173,340 |  |  | 172,154 |
Buildings, building improvements, and leasehold improvements | 732,637 |  |  | 704,074 |
Construction-in-progress | 35,084 |  |  | 39,098 |
Total property and equipment, gross | $ | 1,954,570 |  |  | $ | 1,913,558 |
Less: Accumulated depreciation | (1,244,741) |  |  | (1,178,008) |
Property and equipment, net | $ | 709,829 |  |  | $ | 735,550 |
Shown below are the countries where 10% or more and other significant concentrations of the Company’s property and equipment, net are located as of May 31, 2026 and November 30, 2025:
| As of
| May 31, 2026 |  | November 30, 2025
Property and equipment, net: |  |  |
Philippines | $ | 101,345 |  |  | $ | 105,475 |
United States | 79,937 |  |  | 93,773 |
India | 65,406 |  |  | 57,585 |
France | 51,101 |  |  | 56,386 |
Others | 412,040 |  |  | 422,331 |
Total | $ | 709,829 |  |  | $ | 735,550 |
Goodwill | The following table summarizes the changes in the Company’s goodwill for the six months ended May 31, 2026 and May 31, 2025:
| Six Months Ended
| May 31, 2026 |  | May 31, 2025
Balance at beginning of period | $ | 3,671,746 |  |  | $ | 4,986,967 |
Acquisition | — |  |  | 2,353 |
Assets held for sale | (8,805) |  |  | — |
Foreign exchange translation | (9,451) |  |  | 142,580 |
Balance at end of period | $ | 3,653,490 |  |  | $ | 5,131,900 |
Schedule of Intangible Assets, Net | The following tables summarize the carrying amounts and related accumulated amortization for intangible assets as of May 31, 2026 and November 30, 2025:
| As of May 31, 2026 |  | As of November 30, 2025
| Gross amounts |  | Accumulated amortization |  | Net amounts |  | Gross amounts |  | Accumulated amortization |  | Net amounts
Customer relationships | $ | 3,730,276 |  |  | $ | (2,000,761) |  |  | $ | 1,729,515 |  |  | $ | 3,736,591 |  |  | $ | (1,822,119) |  |  | $ | 1,914,472 |
Technology | 79,664 |  |  | (71,106) |  |  | 8,558 |  |  | 79,603 |  |  | (64,089) |  |  | 15,514 |
Trade names | 124,184 |  |  | (112,348) |  |  | 11,836 |  |  | 123,484 |  |  | (93,132) |  |  | 30,352 |
Non-compete agreements | 2,200 |  |  | (2,200) |  |  | — |  |  | 2,200 |  |  | (2,200) |  |  | — |
Total | $ | 3,936,324 |  |  | $ | (2,186,415) |  |  | $ | 1,749,909 |  |  | $ | 3,941,878 |  |  | $ | (1,981,540) |  |  | $ | 1,960,338 |
Schedule of Intangible Assets, Future Amortization Expense | Estimated future amortization expense of the Company’s intangible assets is as follows:
Fiscal years ending November 30, |
2026 (remaining six months) | $ | 186,893 |
2027 | 296,455 |
2028 | 251,288 |
2029 | 209,176 |
2030 | 177,288 |
Thereafter | 628,809 |
Total | $ | 1,749,909 |
Schedule of Accumulated Other Comprehensive (Income) Loss | The components of accumulated other comprehensive loss (“AOCL”), net of taxes, were as follows:
| Three Months Ended May 31, 2026 and 2025
| Unrecognized gains (losses) on defined benefit plan, net of taxes |  | Unrealized gains (losses) on hedges, net of taxes |  | Foreign currency translation adjustments and other, net of taxes |  | Total
Balances at February 28, 2025 | $ | (4,131) |  |  | $ | (20,008) |  |  | $ | (444,063) |  |  | $ | (468,202) |
Other comprehensive income (loss) before reclassification | (35) |  |  | 26,162 |  |  | 219,457 |  |  | 245,584 |
Reclassification of (gains) losses from other comprehensive income (loss) | — |  |  | (414) |  | — |  |  | (414) |
Balances at May 31, 2025 | $ | (4,166) |  |  | $ | 5,740 |  |  | $ | (224,606) |  |  | $ | (223,032) |
Balances at February 28, 2026 | $ | (1,595) |  |  | $ | (14,836) |  |  | $ | (174,548) |  |  | $ | (190,979) |
Other comprehensive income (loss) before reclassification | (21,667) |  |  | (33,577) |  | (97,863) |  |  | (153,107) |
Reclassification of (gains) losses from other comprehensive income (loss) | 2,861 |  |  | 8,280 |  | — |  |  | 11,141 |
Balances at May 31, 2026 | $ | (20,401) |  |  | $ | (40,133) |  |  | $ | (272,411) |  |  | $ | (332,945) |
| Six Months Ended May 31, 2026 and 2025
| Unrecognized gains (losses) on defined benefit plan, net of taxes |  | Unrealized gains (losses) on hedges, net of taxes |  | Foreign currency translation adjustments, net of taxes |  | Total
Balances at November 30, 2024 | $ | (5,283) |  |  | $ | (25,881) |  |  | $ | (383,149) |  |  | $ | (414,313) |
Other comprehensive income (loss) before reclassification | 1,117 |  |  | 27,449 |  |  | 158,543 |  |  | 187,109 |
Reclassification of (gains) losses from other comprehensive income (loss) | — |  |  | 4,172 |  | — |  |  | 4,172 |
Balances at May 31, 2025 | $ | (4,166) |  |  | $ | 5,740 |  |  | $ | (224,606) |  |  | $ | (223,032) |
Balances at November 30, 2025 | $ | (1,581) |  |  | $ | (22,641) |  |  | $ | (228,240) |  |  | $ | (252,462) |
Other comprehensive income (loss) before reclassification | (21,681) |  |  | (30,106) |  | (44,171) |  |  | (95,958) |
Reclassification of (gains) losses from other comprehensive income (loss) | 2,861 |  |  | 12,614 |  | — |  |  | 15,475 |
Balances at May 31, 2026 | $ | (20,401) |  |  | $ | (40,133) |  |  | $ | (272,411) |  |  | $ | (332,945) |

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