XML 41 R29.htm IDEA: XBRL DOCUMENT v3.25.1
Equity (Tables)
3 Months Ended
Apr. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of stock option activity
The following table summarizes stock option activity for the three months ended April 30, 2025 (in thousands, except share and per share data and years):
Shares
Weighted-Average
Exercise
Price Per Share
Weighted- Average
Remaining
Contractual Term
(In Years)
Aggregate
Intrinsic
Value
Balance - January 31, 2025
567,425 $8.41 1.5$150,319 
Stock options exercised(77,519)7.47 
Stock options forfeited and expired
— — 
Balance - April 30, 2025
489,906 $8.56 1.3$80,519 
Vested and exercisable - January 31, 2025
567,425 $8.41 1.5$150,319 
Vested and exercisable - April 30, 2025
489,906 $8.56 1.3$80,519 
Schedule of restricted stock unit activity
The following table summarizes RSU activity for the three months ended April 30, 2025:
Shares
Weighted-Average Grant Date Fair Value per RSU
Unvested - January 31, 2025
3,533,507 $291.43 
RSUs granted2,129,111 193.53 
RSUs vested(381,937)307.05 
RSUs forfeited and canceled(184,995)281.09 
Unvested - April 30, 2025
5,095,686 $249.73 
Schedule of Share-Based Compensation Arrangements by Share-Based Payment Award
The following table summarizes RSA activity for the three months ended April 30, 2025:
Shares
Weighted-Average Grant Date Fair Value per RSA
Unvested - January 31, 2025
— $— 
RSAs granted213,023 292.05 
RSAs vested(17,993)292.05 
RSAs forfeited and canceled— — 
Unvested - April 30, 2025
195,030 $292.05 
The following table summarizes PSU activity for the three months ended April 30, 2025:
Shares
Weighted-Average Grant Date Fair Value per PSU
Unvested - January 31, 2025
146,284 $287.57 
PSUs granted115,708 192.99 
PSUs vested(91,319)266.18 
Adjustment for performance achievement17,955 216.79 
PSUs forfeited and canceled(4,287)352.71 
Unvested - April 30, 2025
184,341 $230.39 
Schedule of stock-based compensation expense recognized in consolidated statements of operations
Total stock-based compensation expense recognized in the Company’s interim condensed consolidated statements of operations is as follows (in thousands):
Three Months Ended April 30,
20252024
Cost of revenue—subscription
$8,395 $6,163 
Cost of revenue—services
3,894 3,255 
Sales and marketing
39,102 39,613 
Research and development
66,405 55,173 
General and administrative
14,635 16,559 
Total stock-based compensation expense
$132,431 $120,763