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Revenue, Deferred Revenue and Deferred Commissions (Tables)
6 Months Ended
Jan. 31, 2023
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
January 31,

 

 

Six Months Ended
January 31,

 

 

 

2022

 

 

2023

 

 

2022

 

 

2023

 

 

 

(in thousands)

 

Subscription

 

$

374,744

 

 

$

450,948

 

 

$

712,645

 

 

$

853,872

 

Non-portable software

 

 

14,542

 

 

 

10,875

 

 

 

28,879

 

 

 

18,658

 

Hardware

 

 

1,753

 

 

 

1,230

 

 

 

3,916

 

 

 

1,854

 

Professional services

 

 

22,042

 

 

 

23,442

 

 

 

46,158

 

 

 

45,720

 

Total revenue

 

$

413,081

 

 

$

486,495

 

 

$

791,598

 

 

$

920,104

 

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, 2022

 

$

1,445,538

 

 

$

367,590

 

Additions (1)

 

 

469,647

 

 

 

33,112

 

Revenue/commissions recognized

 

 

(433,609

)

 

 

(48,325

)

Balance as of October 31, 2022

 

 

1,481,576

 

 

 

352,377

 

Additions (1)

 

 

531,230

 

 

 

46,439

 

Revenue/commissions recognized

 

 

(486,495

)

 

 

(50,336

)

Balance as of January 31, 2023

 

$

1,526,311

 

 

$

348,480

 

 

(1)
Includes both billed and unbilled amounts.