Revenues |
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| Revenues | Revenues Disaggregation of Revenue Disaggregated revenues by source and geographic region were as follows:
Revenues by geography are determined based on the region of the Company’s contracting entity, which may be different than the region of the customer. During the fourth quarter of fiscal year 2025, the Company changed the presentation of disaggregated revenues from a classification primarily based on geographic region to a classification to include sources by geographic region. The prior period presentation of disaggregated revenues has been reclassified to conform with the current period presentation. Contract Amounts Accounts Receivable Accounts receivable, less allowance for doubtful accounts, is as follows as of January 31, 2025 and April 30, 2025:
Deferred Revenue and Remaining Performance Obligations Significant movements in the deferred revenue balance during the period consisted of increases due to payments received or due in advance prior to the transfer of control of the underlying performance obligations to the customer, which were offset by decreases due to revenues recognized in the period. During the three months ended April 30, 2025, $90.0 million of revenues were recognized out of the deferred revenue balance as of January 31, 2025. Remaining performance obligations were $1.2 billion as of April 30, 2025. The Company expects to recognize approximately 69% of its remaining performance obligation as revenues in the next 24 months, approximately 26% more in the following 25 to 48 months, and the remainder thereafter.
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