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Equity (Tables)
9 Months Ended
Oct. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of stock option activity
The following table summarizes stock option activity for the nine months ended October 31, 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(313,888)7.72 
Stock options forfeited and expired
— — 
Balance - October 31, 2025
253,537 9.26 1.288,883 
Vested and exercisable - January 31, 2025
567,425 8.41 1.5150,319 
Vested and exercisable - October 31, 2025
253,537 $9.26 1.2$88,883 
Schedule of restricted stock unit activity
The following table summarizes RSU activity for the nine months ended October 31, 2025:
Shares
Weighted-Average Grant Date Fair Value per RSU
Unvested - January 31, 2025
3,533,507 $291.43 
RSUs granted3,005,681 215.79 
RSUs vested(1,267,669)282.32 
RSUs forfeited and canceled(766,082)254.07 
Unvested - October 31, 2025
4,505,437 $249.89 
Schedule of Share-Based Compensation Arrangements by Share-Based Payment Award
The following table summarizes RSA activity for the nine months ended October 31, 2025:
Shares
Weighted-Average Grant Date Fair Value per RSA
Unvested - January 31, 2025
— $— 
RSAs granted213,023 292.05 
RSAs vested(61,408)292.05 
RSAs forfeited and canceled(19,845)292.05 
Unvested - October 31, 2025
131,770 $292.05 
The following table summarizes PSU activity for the nine months ended October 31, 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(30,403)274.62 
Unvested - October 31, 2025
158,225 $225.21 
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 October 31,Nine Months Ended October 31,
2025202420252024
Cost of revenue—subscription
$8,990 $7,884 $26,216 $21,566 
Cost of revenue—services
4,572 3,495 12,739 10,151 
Sales and marketing
36,965 40,540 112,332 121,193 
Research and development
67,255 57,850 208,773 168,211 
General and administrative
15,848 15,943 46,401 47,777 
Total stock-based compensation expense
$133,630 $125,712 $406,461 $368,898