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Revenue, Deferred Revenue and Deferred Commissions (Tables)
9 Months Ended
Apr. 30, 2022
Revenue Recognition and Deferred Revenue [Abstract]  
Revenue by Arrangement, Disclosure

The following table depicts the disaggregation of revenue by revenue type, consistent with how we evaluate our financial performance:

 

 

 

Three Months Ended
April 30,

 

 

Nine Months Ended
April 30,

 

 

 

2021

 

 

2022

 

 

2021

 

 

2022

 

 

 

(in thousands)

 

Subscription

 

$

307,332

 

 

$

370,496

 

 

$

891,443

 

 

$

1,083,141

 

Non-portable software

 

 

16,741

 

 

 

9,368

 

 

 

58,445

 

 

 

38,247

 

Hardware

 

 

975

 

 

 

1,329

 

 

 

3,025

 

 

 

5,245

 

Professional services

 

 

19,460

 

 

 

22,465

 

 

 

50,731

 

 

 

68,623

 

Total revenue

 

$

344,508

 

 

$

403,658

 

 

$

1,003,644

 

 

$

1,195,256

 

Deferred Revenue, by Arrangement, Disclosure

Significant changes in the balance of deferred revenue (contract liability) and deferred commissions (contract asset) for the periods presented are as follows:

 

 

 

Deferred
Revenue

 

 

Deferred
Commissions

 

 

 

(in thousands)

 

Balance as of July 31, 2021

 

$

1,312,923

 

 

$

343,420

 

Additions (1)

 

 

398,928

 

 

 

60,187

 

Revenue/commissions recognized

 

 

(378,517

)

 

 

(53,962

)

Balance as of October 31, 2021

 

 

1,333,334

 

 

 

349,645

 

Additions (1)

 

 

466,618

 

 

 

61,345

 

Revenue/commissions recognized

 

 

(413,081

)

 

 

(54,239

)

Balance as of January 31, 2022

 

 

1,386,871

 

 

 

356,751

 

Additions

 

 

448,767

 

 

 

45,580

 

Revenue/commissions recognized

 

 

(403,658

)

 

 

(48,534

)

Balance as of April 30, 2022

 

$

1,431,980

 

 

$

353,797

 

 

(1)
Includes both billed and unbilled amounts.