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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
May 05, 2024
Feb. 04, 2024
Current assets:    
Cash and cash equivalents $ 900,615 $ 702,536
Marketable securities 823,397 828,557
Accounts receivable, net of allowance of $1,060 and $965 423,454 662,179
Inventory 40,674 42,663
Deferred commissions, current 85,386 88,712
Prepaid expenses and other current assets 174,238 173,407
Total current assets 2,447,764 2,498,054
Property and equipment, net 368,153 352,604
Operating lease right-of-use assets 126,435 129,942
Deferred commissions, non-current 211,240 215,620
Intangible assets, net 29,156 33,012
Goodwill 361,427 361,427
Restricted cash 9,595 9,595
Other assets, non-current 69,840 55,506
Total assets 3,623,610 3,655,760
Current liabilities:    
Accounts payable 55,709 82,757
Accrued compensation and benefits 137,669 250,257
Accrued expenses and other liabilities 127,885 135,755
Operating lease liabilities, current 44,819 44,668
Deferred revenue, current 860,221 852,247
Total current liabilities 1,226,303 1,365,684
Long-term debt 100,000 100,000
Operating lease liabilities, non-current 120,709 123,201
Deferred revenue, non-current 741,255 742,275
Other liabilities, non-current 61,370 54,506
Total liabilities 2,249,637 2,385,666
Commitments and contingencies (Note 7)
Stockholders’ equity:    
Preferred stock, par value of $0.0001 per share— 20,000 shares authorized; no shares issued and outstanding 0 0
Class A and Class B common stock, par value of $0.0001 per share— 2,250,000 (Class A 2,000,000, Class B 250,000) shares authorized; 319,523 and 325,181 Class A shares issued and outstanding 33 32
Additional paid-in capital 2,890,284 2,749,595
Accumulated other comprehensive loss (5,584) (3,782)
Accumulated deficit (1,510,760) (1,475,751)
Total stockholders’ equity 1,373,973 1,270,094
Total liabilities and stockholders’ equity $ 3,623,610 $ 3,655,760