Income Taxes (Tables)

12 Months Ended

Jan. 31, 2022

Income Tax Disclosure [Abstract]

Components of loss before provision for income taxes

The components of loss before provision for (benefit from) income taxes were as follows (in thousands):

	Years Ended January 31,
	2022		2021		2020
United States	$	(161,502)	$	(159,331)	$	(117,943)
Foreign	(141,387)		(103,362)		(58,235)
Total	$	(302,889)	$	(262,693)	$	(176,178)

Components of the provision for income taxes

The components of the provision for (benefit from) income taxes were as follows (in thousands):

	Years Ended January 31,
	2022		2021		2020
Current:
Federal	$	426	$	215	$	372
State	80		171		236
Foreign	6,005		4,229		2,028
Total	6,511		4,615		2,636
Deferred:
Federal	(1,574)		5		(2,534)
State	6		10		(1,336)
Foreign	(966)		(379)		578
Total	(2,534)		(364)		(3,292)
Provision for (benefit from) income taxes	$	3,977	$	4,251	$	(656)

Schedule of effective income tax rate reconciliation

The items accounting for the difference between income taxes computed at the federal statutory income tax rate and the provision for (benefit from) income taxes consisted of the following (in thousands):

	Years Ended January 31,
	2022		2021		2020
Income tax benefit at statutory rate	$	(63,606)	$	(55,165)	$	(36,997)
State taxes, net of federal benefit	68		143		298
Impact of foreign income taxes	34,730		25,569		5,376
Foreign branch income included in the United States	1,175		297		—
Stock-based compensation	(138,842)		(107,800)		(41,800)
Non-deductible expenses	2,200		991		2,114
Officer compensation in excess of $1 million	9,117		—		—
Change in valuation allowance	175,664		157,822		72,263
Research and development credits	(14,932)		(18,197)		(1,899)
Foreign tax credit	(2,470)		(711)		—
Foreign withholding tax expense	426		215		—
Prior year true ups	447		1,100		59
Other	—		(13)		(70)
Provision for (benefit from) income taxes	$	3,977	$	4,251	$	(656)

Components of deferred tax assets for federal and state income taxes

Significant components of the Company’s deferred tax assets are shown in the following table as of January 31, 2022 and 2021, respectively (in thousands):

	Years Ended January 31,
	2022		2021
Deferred tax assets:
Net operating loss carryforwards	$	636,011	$	416,887
Deferred revenue	64,765		36,467
Finance and operating lease liabilities	23,500		23,184
Other reserves	23,460		18,020
Gross deferred tax assets	747,736		494,558
Valuation allowance	(677,283)		(374,790)
Total deferred tax assets, net of valuation allowance	70,453		119,768
Deferred tax liabilities:
Finance and operating lease right-of-use assets	(16,765)		(15,907)
Convertible senior notes	—		(68,877)
Deferred commission	(43,063)		(25,605)
Other liabilities and accruals	(8,767)		(9,155)
Total deferred tax liabilities	(68,595)		(119,544)
Net deferred tax assets	$	1,858	$	224

Summary of activity within unrecognized gross tax benefits

The following table summarizes the changes in the Company’s unrecognized gross tax benefits during the periods presented (in thousands):

	Years Ended January 31,
	2022		2021		2020
Unrecognized tax benefits at beginning of year	$	17,484	$	5,290	$	4,603
Increase (decrease) in tax positions in prior years	(1,894)		6,059		53
Additions based on tax positions in the current year	7,108		6,135		634
Unrecognized tax benefits at end of year	$	22,698	$	17,484	$	5,290