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Equity Incentive Plans (Tables)
9 Months Ended
Nov. 02, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Option Activity Under Equity Incentive Plans and Related Information
A summary of the stock option activity under our equity incentive plans and related information is as follows:
 
 Options Outstanding
 Number of
Shares
Weighted-
Average
Exercise Price
Weighted-
Average
Remaining
Contractual Life (in years)
Aggregate
Intrinsic
Value (in thousands)
Balance at the end of fiscal 20252,426,214 $14.07 2.0$130,798 
Options exercised(1,267,715)14.36   
Balance at the end of the third quarter of fiscal 2026
1,158,499 $13.75 2.1$98,871 
Vested and exercisable at the end of the third quarter of fiscal 2026
1,158,499 $13.75 2.1$98,871 
Schedule of Share-based Compensation, Restricted Stock Units Award Activity
A summary of the RSU activity under our 2015 Plan and related information is as follows:
 
Number of
RSUs Outstanding
Weighted-
Average
Grant Date
Fair Value
Aggregate
Intrinsic
Value (in thousands)
Unvested balance at the end of fiscal 202519,299,290 $37.20 $1,308,299 
Granted
9,500,445 46.83 
Vested(7,571,584)34.99 
Forfeited or canceled (1)
(1,728,247)39.62 
Unvested balance at the end of the third quarter of fiscal 2026
19,499,904 $42.54 $1,924,641 
_________________________________
(1) Represents the number of shares granted under the RSU awards that were forfeited due to termination of employment or canceled.
Schedule of Share-Based Payment Arrangement, Performance Restricted Stock Unit, Activity
A summary of the PRSU activity under our 2015 Plan and related information is as follows:
Number of
PRSUs Outstanding
Weighted-
Average
Grant Date
Fair Value
Aggregate
Intrinsic
Value (in thousands)
Unvested balance at the end of fiscal 2025
1,849,045 $41.34 $125,347 
Granted (1)
1,426,345 55.12 
Vested and earned (2)
(836,807)37.40 
Unearned (3)
(284,928)49.46 
Forfeited or canceled (4)
(55,589)51.75 
Unvested balance at the end of the third quarter of fiscal 2026
2,098,066 $50.89 $207,079 
____________________________________
(1) Represents the number of shares that may be earned at the target percentage of 100% depending on the achievement of fiscal 2026 performance conditions.
(2) Represents the number of shares earned in which the service condition has also been satisfied.
(3) Represents the number of shares canceled as a result of not fully achieving the fiscal 2025 performance conditions.
(4) Represents the number of shares granted under the PRSU awards that were forfeited due to termination of employment or canceled.
Schedule of Share-Based Payment Arrangement, Long Term Performance Restricted Stock Unit, Activity
A summary of LTP Awards activity under our 2015 Plan is as follows:
Number of
 LTP Awards Outstanding
Weighted-
Average
Grant Date
Fair Value
Aggregate
Intrinsic
Value (in thousands)
Unvested balance at the end of fiscal 2025
3,945,590 $17.56 $267,472 
Granted (1)
1,071,312 24.58 
Forfeited (2)
(244,056)17.56 
Unvested balance at the end of the third quarter of fiscal 20264,772,846 $19.13 $471,080 
__________________________________
(1) Represents the maximum number of shares that could be earned.
(2) Represents the number of shares granted that were forfeited due to termination of employment.
Schedule of Components of Stock-Based Compensation
The following table summarizes the components of stock-based compensation expense recognized in the condensed consolidated statements of operations (in thousands):
 
Third Quarter of Fiscal
First Three Quarters of Fiscal
 2025202620252026
Cost of revenue—product$3,216 $4,378 $9,443 $11,793 
Cost of revenue—subscription services7,800 9,293 24,632 25,014 
Research and development
49,227 63,598 150,390 173,194 
Sales and marketing24,393 26,298 72,330 74,909 
General and administrative16,436 30,920 62,161 63,245 
Total stock-based compensation expense, net of amounts capitalized (1)
$101,072 $134,487 $318,956 $348,155 
_________________________________
(1) Stock-based compensation expense capitalized was $2.2 million and $2.1 million during the third quarter of fiscal 2025 and 2026, and $5.8 million and $6.1 million during the first three quarters of fiscal 2025 and 2026.