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Revenue, Deferred Revenue and Deferred Commissions (Tables)
12 Months Ended
Jul. 31, 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:

 

 

 

Fiscal Year Ended July 31,

 

 

 

2020

 

 

2021

 

 

2022

 

 

 

(in thousands)

 

Subscription

 

$

1,030,180

 

 

$

1,243,621

 

 

$

1,433,773

 

Non-portable software

 

 

208,158

 

 

 

71,390

 

 

 

49,694

 

Hardware

 

 

23,455

 

 

 

6,259

 

 

 

5,585

 

Professional services

 

 

45,889

 

 

 

73,094

 

 

 

91,744

 

Total revenue

 

$

1,307,682

 

 

$

1,394,364

 

 

$

1,580,796

 

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, 2020

 

$

1,183,441

 

 

$

215,528

 

Additions (1)

 

 

1,523,846

 

 

 

310,966

 

Revenue/commissions recognized

 

 

(1,394,364

)

 

 

(183,074

)

Balance as of July 31, 2021

 

 

1,312,923

 

 

 

343,420

 

Additions (1)

 

 

1,713,411

 

 

 

229,524

 

Revenue/commissions recognized

 

 

(1,580,796

)

 

 

(205,354

)

Balance as of July 31, 2022

 

$

1,445,538

 

 

$

367,590