Leases

12 Months Ended

Oct. 31, 2025

Leases [Abstract]

Leases

Leases

We have operating lease arrangements for office space, data center, equipment and other corporate assets. These leases have various expiration dates through December 31, 2042, some of which include options to extend the leases for up to 15 years. We consider the lease renewal options in determining the lease term and include associated potential option payments in lease payments when it is reasonably certain that the renewal options will be exercised.

The components of our lease expense during the period presented are as follows:

	Year Ended October 31,
	2025		2024		2023
	(in thousands)
Operating lease expense (1)	$	117,722	$	92,222	$	90,680
Variable lease expense (2)	32,389		23,835		20,395
Total lease expense	$	150,111	$	116,057	$	111,075

(1)Operating lease expense includes immaterial amounts of short-term leases, net of sublease income.

(2)Variable lease expense includes payments to lessors that are not fixed or determinable at lease commencement date. These payments primarily consist of maintenance, property taxes, insurance and variable indexed based payments.

Supplemental cash flow information during the period presented is as follows:

	Year Ended October 31,
	2025		2024		2023
	(in thousands)
Cash paid for amounts included in the measurement of operating lease liabilities(1)	$	115,481	$	99,905	$	88,983
ROU assets obtained in exchange for operating lease liabilities(2)	$	153,178	$	100,480	$	101,390

(1) Cash paid for amounts included in the measurement of operating lease liabilities included cash from discontinued operations of $5.2 million and $5.7 million in fiscal 2024 and 2023.

(2) ROU assets obtained in exchange for operating lease liabilities included ROU assets from discontinued operations of $2.2 million and $1.2 million in fiscal 2024 and 2023.

Lease term and discount rate information related to our operating leases as of the end of the period presented are as follows:

	As of October 31,
	2025		2024
Weighted-average remaining lease term (in years)	6.88		7.59
Weighted-average discount rate	3.40	%	2.86	%

The following table represents the maturities of our future lease payments due under operating leases as of October 31, 2025:

	Lease Payments
Fiscal year	(in thousands)
2026	$	151,583
2027	154,521
2028	140,001
2029	130,259
2030	101,406
2031 and thereafter	232,094
Total future minimum lease payments	909,864
Less: Imputed interest	100,961
Total lease liabilities	$	808,903

In addition, the sublease income from facilities leased by us, due to us as of October 31, 2025, are as follows:

	Lease Receipts
	(in thousands)
Fiscal year
2026	$	18,767
2027	19,689
2028	20,280
2029	20,888
2030	17,867
Total	$	97,491