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Equity Incentive Plans (Tables)
 6 Months Ended
Aug. 04, 2024
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 20244,493,934 $13.63 2.3$129,065 
Options exercised(1,407,323)12.63   
Options forfeited(593)1.95   
Balance at the end of the second quarter of fiscal 2025
3,086,018 $13.94 2.2$124,506 
Vested and exercisable at the end of the second quarter of fiscal 2025
3,086,018 $13.94 2.2$124,506 
Schedule of Share-based Compensation, Restricted Stock Units Award Activity
A summary of the RSU activity under our equity incentive plans 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 202424,343,074 $26.77 $1,028,495 
Granted
6,907,399 51.73 
Vested(5,816,362)25.87 
Forfeited(1,470,857)28.09 
Unvested balance at the end of the second quarter of fiscal 2025
23,963,254 $34.10 $1,300,965 
Schedule of Share-Based Payment Arrangement, Performance Restricted Stock Unit, Activity
A summary of the PRSU activity under our equity incentive plans and related information is as follows:
Number of PRSUs Outstanding
Weighted-Average Grant Date Fair ValueAggregate Intrinsic Value
(in thousands)
Unvested balance at the end of fiscal 2024
2,270,597 $25.64 $95,933 
Granted (1)
1,102,502 49.46 
Vested and earned (2)
(888,487)25.36 
Unearned (3)
(297,864)23.86 
Unvested balance at the end of the second quarter of fiscal 2025
2,186,748 $38.00 $118,719 
____________________________________
(1) Represents the number of shares that may be earned at the target percentage of 100% depending on the achievement of fiscal 2025 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 2024 performance conditions.
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):
 
 
Second Quarter of Fiscal
First Two Quarters of Fiscal
 2024202520242025
Cost of revenue—product$2,958 $3,445 $5,613 $6,227 
Cost of revenue—subscription services6,851 7,961 12,498 16,832 
Research and development
44,085 50,869 82,317 101,163 
Sales and marketing19,493 24,418 36,674 47,937 
General and administrative16,060 18,197 30,175 45,725 
Total stock-based compensation expense, net of amounts capitalized (1)
$89,447 $104,890 $167,277 $217,884 
_________________________________
(1) Stock-based compensation expense capitalized was $1.6 million and $2.0 million during the second quarter of fiscal 2024 and 2025, and $2.4 million and $3.6 million for the first two quarters of fiscal 2024 and 2025 .