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Equity Incentive Plans (Tables)
12 Months Ended
Feb. 02, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Estimate Fair Value of Employee Stock Options and Employee Purchase Plan The assumptions used for the periods presented are as follows:
 Fiscal Year Ended
 202320242025
Expected term (in years)
0.5 - 2.0
0.5 - 2.0
0.5 - 2.0
Expected volatility
45% - 54%
38% - 44%
42% - 45%
Risk-free interest rate
0.9% - 4.0%
4.1% - 5.5%
3.6% - 5.4%
Dividend rate
Fair value of common stock
$28.73 - $31.68
$24.12 - $35.91
$49.58 - $50.60
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 (Years)
Aggregate
Intrinsic
Value
(in thousands)
Balance at the end of fiscal 20244,493,934 $13.63 2.3$129,065 
Options exercised(2,067,127)13.12   
Options forfeited(593)1.95   
Balance at the end of fiscal 20252,426,214 $14.07 2.0$130,798 
Vested and exercisable at the end of fiscal 20252,426,214 $14.07 2.0$130,798 
Schedule of RSU Activity Under Equity Incentive Plans and Related Information
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 ValueAggregate Intrinsic Value
(in thousands)
Unvested balance at the end of fiscal 202424,343,074 $26.77 $1,028,495 
Granted8,631,905 52.67 
Vested(11,024,463)27.77 
Forfeited(2,651,226)30.99 
Unvested balance at the end of fiscal 202519,299,290 $37.20 $1,308,299 
Schedule of PRSU Activity Under Equity Incentive Plans and Related Information
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 ValueAggregate Intrinsic Value
(in thousands)
Unvested balance at the end of fiscal 20242,270,597 $25.64 $95,933 
Granted (1)
1,221,033 49.58 
Vested and earned (2)
(1,344,721)26.19 
Unearned (3)
(297,864)23.86 
Unvested balance at the end of fiscal 20251,849,045 $41.34 $125,347 
_________________________________
(1) Represents the number of shares that may be earned at the target percentage of 100% depending on the achievement of fiscal 2025 or certain other 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 LTP Awards Activity Under Equity Incentive Plans and Related Information
A summary of LTP Awards activity under our 2015 Plan is as follows:
Number of LTP Awards Outstanding
Weighted-Average Grant Date Fair ValueAggregate Intrinsic Value
(in thousands)
Unvested balance at the end of fiscal 20244,006,604 $17.56 $169,279 
Forfeited (1)
(61,014)17.56 
Unvested balance at the end of fiscal 20253,945,590 $17.56 $267,472 
________________________________
(1) Represents the number of shares granted under the LTP Awards that were forfeited due to termination of employment.
Schedule of Components of Stock-Based Compensation Expense
The following table summarizes the components of stock-based compensation expense recognized in the consolidated statements of operations (in thousands):
 Fiscal Year Ended
 202320242025
Cost of revenue—product$10,245 $9,670 $12,611 
Cost of revenue—subscription services22,630 25,412 32,611 
Research and development161,694 167,294 201,058 
Sales and marketing72,507 74,746 96,355 
General and administrative60,541 54,305 78,671 
Total stock-based compensation expense, net of amounts capitalized (1)
$327,617 $331,427 $421,306 
_________________________________
(1) Stock-based compensation expense capitalized was $2.1 million, $5.7 million, and $7.8 million during fiscal 2023, 2024 and 2025.