Stock-Based Compensation (Tables)

9 Months Ended

Oct. 31, 2025

Share-Based Payment Arrangement [Abstract]

Schedule of Stock Option Activity

A summary of the Company’s stock option activity for the nine months ended October 31, 2025 is as follows:

	Number of Stock Options	Weighted Average Exercise Price		Weighted Average Remaining Contractual Life
	(in thousands)			(in years)
Outstanding as of January 31, 2025	18,572	$	6.60	4.7
Exercised	(2,997)	4.63
Forfeited	(1,251)	10.89
Expired	(6)	1.79
Outstanding as of October 31, 2025	14,318	$	6.63	4.3
Exercisable as of October 31, 2025	13,753	$	6.39	4.2
Vested and expected to vest as of October 31, 2025	14,317	$	6.63	4.3

Schedule of RSU Award Activity

A summary of the Company’s RSU activity for the nine months ended October 31, 2025 is as follows:

	Number of Restricted Stock Units	Weighted Average Grant Date Fair Value
	(in thousands)
Outstanding as of January 31, 2025	14,750	$	10.46
Granted	13,147	8.79
Released	(4,577)	11.14
Cancelled/forfeited	(4,949)	10.38
Outstanding as of October 31, 2025	18,371	$	9.12

Schedule of Performance Based Stock Units

A summary of the Company’s PSU activity for the nine months ended October 31, 2025 is as follows:

	Number of Performance Stock Units	Weighted Average Grant Date Fair Value
	(in thousands)
Outstanding as of January 31, 2025	2,918	$	8.31
Granted	1,032	12.37
Cancelled/forfeited	(380)	9.47
Outstanding as of October 31, 2025	3,570	$	9.36

Schedule of Fair Value of PSUs Granted

To determine the fair value of the 2024 and 2025 PSUs, the Company utilized a Monte Carlo simulation. The inputs included in the valuations were as follows:

Vest-term	Three years
Volatility	48.1% - 53.7%
Risk-free rate	3.61% - 4.22%
Fair value of common stock at grant date	$7.81 - $9.14
Dividend yield	0%
Expected term	2 - 3 years
Fair value valuation	$11.29 - $14.84

Schedule of Stock-based Compensation Expense

Stock-based compensation expense included in operating results was allocated as follows:

	Three Months Ended October 31,				Nine Months Ended October 31,
(in thousands)	2025		2024		2025		2024
Costs of subscription	$	312	$	335	$	800	$	945
Costs of professional services	844		400		1,962		1,081
Research and development	4,347		2,896		12,437		8,304
Sales and marketing	6,366		5,091		18,785		16,497
General and administrative	8,512		6,508		28,115		17,350
Restructuring	—		—		866		—
Stock-based compensation, net of amounts capitalized	20,381		15,230		62,965		44,177
Capitalized stock-based compensation	731		643		2,036		1,825
Total stock-based compensation	$	21,112	$	15,873	$	65,001	$	46,002