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Stock-Based Compensation (Tables)
9 Months Ended
Oct. 31, 2021
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Stock Option Activity Under Equity Incentive Plans and Related Information

The following table summarizes the stock option activity under the equity incentive plans and related information:

 

 

 

Shares Subject to Options Outstanding

 

 

Weighted-
Average

 

 

 

 

 

 

 

 

 

Weighted-

 

 

Remaining

 

 

 

 

 

 

 

 

 

Average Exercise

 

 

Contractual Life

 

 

Aggregate

 

 

 

Shares

 

 

Price

 

 

(Years)

 

 

Intrinsic Value

 

 

 

 

 

 

 

 

 

 

 

 

(in thousands)

 

Balance as of January 31, 2021

 

 

6,617,037

 

 

$

10.77

 

 

 

3.77

 

 

$

48,098

 

Options granted

 

 

 

 

 

 

 

 

 

 

 

 

Options exercised

 

 

(314,720

)

 

 

7.60

 

 

 

 

 

 

 

Options forfeited/cancelled

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of October 31, 2021

 

 

6,302,317

 

 

$

10.93

 

 

 

3.07

 

 

$

93,985

 

Vested and expected to vest as of October 31, 2021

 

 

6,243,569

 

 

$

10.84

 

 

 

3.03

 

 

$

93,649

 

Exercisable as of October 31, 2021

 

 

5,132,047

 

 

$

8.83

 

 

 

2.19

 

 

$

87,283

 

 

Summary of Restricted Stock Unit Activity Under Equity Incentive Plans and Related Information

The following table summarizes the restricted stock unit activity under the equity incentive plans and related information:

 

 

 

Number of

 

 

Weighted-

 

 

 

Restricted

 

 

Average

 

 

 

Stock Units

 

 

Grant Date

 

 

 

Outstanding

 

 

Fair Value

 

Unvested balance - January 31, 2021

 

 

14,330,678

 

 

$

17.68

 

Granted

 

 

10,117,269

 

 

 

24.06

 

Vested

 

 

(5,285,619

)

 

 

19.61

 

Forfeited/cancelled

 

 

(3,337,538

)

 

 

19.22

 

Unvested balance - October 31, 2021

 

 

15,824,790

 

 

$

20.78

 

 

Summary of Components of Stock-Based Compensation Expense

The following table summarizes the components of stock-based compensation expense recognized in the condensed consolidated statements of operations (in thousands):

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

October 31,

 

 

October 31,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Cost of revenue

 

$

4,786

 

 

$

4,731

 

 

$

15,009

 

 

$

13,673

 

Research and development

 

 

17,712

 

 

 

14,581

 

 

 

49,791

 

 

 

46,139

 

Sales and marketing

 

 

13,872

 

 

 

10,619

 

 

 

38,342

 

 

 

31,364

 

General and administrative

 

 

9,219

 

 

 

7,903

 

 

 

28,365

 

 

 

24,262

 

Total stock-based compensation

 

$

45,589

 

 

$

37,834

 

 

$

131,507

 

 

$

115,438