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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Oct. 31, 2024
Jan. 31, 2024
Current assets:    
Cash and cash equivalents $ 673,054 $ 802,959
Short-term investments 1,629,038 1,212,448
Accounts receivable, net of allowance for doubtful accounts of $8,212 and $8,054 as of October 31, 2024 and January 31, 2024, respectively 334,629 325,610
Deferred commissions 103,715 92,512
Prepaid expenses and other current assets 53,827 50,107
Total current assets 2,794,263 2,483,636
Property and equipment, net 47,345 53,042
Operating lease right-of-use assets 35,859 37,365
Goodwill 69,679 69,679
Acquired intangible assets, net 963 3,957
Deferred tax assets 5,575 4,116
Other assets 271,101 217,847
Total assets 3,224,785 2,869,642
Current liabilities:    
Accounts payable 11,444 9,905
Accrued compensation and benefits 120,598 112,579
Operating lease liabilities 10,787 9,797
Other accrued liabilities 86,795 74,831
Deferred revenue 286,431 357,108
Convertible senior notes, net 1,124,720 0
Total current liabilities 1,640,775 564,220
Deferred tax liability 1,030 285
Operating lease liabilities, non-current 27,639 30,918
Deferred revenue 18,481 20,296
Convertible senior notes, net 0 1,143,273
Other liabilities 34,884 41,661
Total liabilities 1,722,809 1,800,653
Commitments and contingencies (Note 7)
Stockholders’ equity:    
Common stock, par value of $0.001 per share; 1,000,000,000 shares authorized as of October 31, 2024 and January 31, 2024; 74,493,146 shares issued and 74,393,775 shares outstanding as of October 31, 2024; 72,840,692 shares issued and 72,741,321 shares outstanding as of January 31, 2024 73 73
Additional paid-in capital 3,357,146 2,777,322
Treasury stock, 99,371 shares (repurchased at an average of $13.27 per share) as of October 31, 2024 and January 31, 2024 (1,319) (1,319)
Accumulated other comprehensive income 2,606 4,545
Accumulated deficit (1,856,530) (1,711,632)
Total stockholders’ equity 1,501,976 1,068,989
Total liabilities and stockholders’ equity $ 3,224,785 $ 2,869,642