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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
9 Months Ended
Oct. 31, 2025
Jan. 31, 2025
Current assets:    
Cash and cash equivalents $ 834,092 $ 490,133
Short-term investments 1,471,669 1,846,444
Accounts receivable, net of allowance for doubtful accounts of $12,305 and $8,888 as of October 31, 2025 and January 31, 2025, respectively 416,494 393,099
Deferred commissions 122,882 112,632
Prepaid expenses and other current assets 87,177 81,214
Total current assets 2,932,314 2,923,522
Property and equipment, net 40,704 46,377
Operating lease right-of-use assets 30,914 34,607
Goodwill 189,641 69,679
Intangible assets, net 38,308 24,597
Deferred tax assets 23,012 20,810
Other assets 311,756 310,701
Total assets 3,566,649 3,430,293
Current liabilities:    
Accounts payable 14,811 10,467
Accrued compensation and benefits 131,760 120,354
Operating lease liabilities 9,145 9,126
Other accrued liabilities 101,444 87,659
Deferred revenue 300,873 334,381
Total current liabilities 558,033 561,987
Deferred tax liability 560 262
Operating lease liabilities, non-current 25,480 27,374
Deferred revenue 66,173 25,404
Other liabilities 27,964 33,042
Total liabilities 678,210 648,069
Commitments and contingencies (Note 8)
Stockholders’ equity:    
Common stock, par value of $0.001 per share; 1,000,000,000 shares authorized as of October 31, 2025 and January 31, 2025; 82,919,928 shares issued and 81,357,418 shares outstanding as of October 31, 2025; 80,558,847 shares issued and 80,467,811 shares outstanding as of January 31, 2025 81 78
Additional paid-in capital 5,152,122 4,625,093
Treasury stock, 1,562,510 shares (repurchased at an average of $221.86 per share) as of October 31, 2025 and 99,371 shares (repurchased at an average of $13.27 per share) as of January 31, 2025 (346,654) (1,319)
Accumulated other comprehensive income (loss) 10,275 (924)
Accumulated deficit (1,927,385) (1,840,704)
Total stockholders’ equity 2,888,439 2,782,224
Total liabilities and stockholders’ equity $ 3,566,649 $ 3,430,293
Treasury stock (in shares) 1,562,510 99,371
Average repurchase price of treasury stock shares (in dollars per share) $ 221.86