Income Taxes (Tables)

12 Months Ended

Jan. 31, 2025

Income Tax Disclosure [Abstract]

Schedule of Domestic and Foreign Component of Loss Before Provision for Income Taxes

The domestic and foreign component of the income (loss) before provision for income taxes was as follows:

	Year Ended January 31,
(in thousands)	2025		2024		2023
Domestic	$	18,464	$	32,033	$	(70,072)
Foreign	29,828		28,489		22,604
Total	$	48,292	$	60,522	$	(47,468)

Schedule of Components of Income Tax Expense (Benefit)

The (benefit) provision for income taxes consisted of the following:

	Year Ended January 31,
(in thousands)	2025		2024		2023
Current tax provision:
Federal	$	—	$	—	$	—
State	1,834		207		69
Foreign	12,875		11,788		8,039
Total current tax provision	$	14,709	$	11,995	$	8,108
Deferred tax (benefit) expense:
Federal	$	(69,072)	$	94	$	92
State	(17,795)		108		142
Foreign	(1,159)		(3,078)		(68)
Total deferred tax (benefit) expense	(88,026)		(2,876)		166
Total (benefit) provision for income taxes	$	(73,317)	$	9,119	$	8,274

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the U.S. federal statutory income tax rate to the Company’s effective tax rate was as follows:

	Year Ended January 31,
	2025		2024		2023
U.S. federal statutory rate	21.0	%	21.0	%	21.0	%
Effect of:
State taxes, net of U.S. federal benefit	2.6		2.4		2.2
Foreign taxes in excess of the U.S. rate differential	1.4		1.6		(3.7)
Foreign withholding taxes	6.3		6.1		(1.8)
Non-deductible expenses	4.2		0.3		(11.4)
Non-deductible officer's compensation	7.9		16.3		(2.7)
Changes in valuation allowance	(199.5)		(31.3)		(15.9)
Excess tax benefits related to shared based compensation	(4.1)		(3.6)		4.4
Global Intangible Low Taxed Income (GILTI) inclusion	—		0.3		(12.7)
Impact of disregarded entity elections	7.0		—		—
Other	1.4		2.0		3.1
Effective tax rate	(151.8)	%	15.1	%	(17.5)	%

Schedule of Deferred Tax Assets and Liabilities

The components of deferred tax assets and liabilities were as follows:

	January 31,
(in thousands)	2025		2024
Deferred tax assets:
Net operating loss carryforward	$	90,177	$	112,671
Accrued compensation	6,911		1,866
Accrued commissions	4,847		1,406
Fixed assets and intangibles	3,486		882
Allowance for doubtful accounts	2,137		1,294
Deferred revenue	2,012		337
Stock-based compensation	8,800		4,962
Lease liabilities	11,719		1,731
Other	8,751		—
Total deferred tax assets	138,840		125,149
Less valuation allowance	(705)		(86,203)
Deferred tax assets, net of valuation allowance	138,135		38,946
Deferred tax liabilities
Fixed assets and intangibles	—		(876)
Capitalized commission costs	(34,834)		(33,379)
Lease right-of-use	(10,638)		(1,525)
Other	(2,329)		(332)
Total deferred tax liabilities	(47,801)		(36,112)
Net deferred tax assets(1)	$	90,334	$	2,834

(1) Deferred tax assets of $90.4 million and $4.3 million are recorded within other non-current assets on the consolidated balance sheets as of January 31, 2025 and 2024, respectively.

Schedule of Unrecognized Tax Benefits Roll Forward

A reconciliation of the beginning and ending balance of total gross unrecognized tax benefits for the year ended January 31, 2025:

	Year Ended January 31,
(in thousands)	2025		2024		2023
Balance at beginning of period	$	2,436	$	1,728	$	1,539
Tax positions taken during a prior year:
Gross decreases	—		—		(288)
Tax positions taken during the current year:
Gross increases	666		708		477
Balance at end of period	$	3,102	$	2,436	$	1,728