Cash Equivalents and Marketable Securities (Tables)

12 Months Ended

Apr. 30, 2025

Investments, Debt and Equity Securities [Abstract]

Schedule of Cash Equivalents and Available-For-Sale Marketable Securities and Balance Sheet Classification

The following table summarizes the Company’s cash equivalents and available-for-sale marketable securities (in thousands):

	As of April 30, 2025								As of April 30, 2024
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value		Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value
Cash equivalents:
Money market funds	$	87,872	$	—	$	—	$	87,872	$	82,564	$	—	$	—	$	82,564
Commercial paper	29,122		—		—		29,122		18,769		—		—		18,769
U.S. treasury securities	—		—		—		—		5,888		—		—		5,888
Corporate debt securities	1,015		—		—		1,015		—		—		—		—
Available-for-sale marketable securities:
U.S. treasury securities	15,478		4		—		15,482		2,497		—		—		2,497
Certificates of deposit	76,518		—		—		76,518		62,017		—		—		62,017
U.S. government agencies securities	56,990		157		(9)		57,138		46,527		5		(104)		46,428
Commercial paper	113,787		—		—		113,787		162,183		—		—		162,183
Corporate debt securities	315,034		502		(131)		315,405		310,557		64		(526)		310,095
Total cash equivalents and available-for-sale marketable securities	$	695,816	$	663	$	(140)	$	696,339	$	691,002	$	69	$	(630)	$	690,441

Summary of Available-For-Sale Marketable Securities by Contractual Maturity

The following table summarizes the Company’s available-for-sale marketable securities by contractual maturity (in thousands):

	As of April 30, 2025				As of April 30, 2024
	Amortized Cost		Fair Value		Amortized Cost		Fair Value
Within one year	$	455,613	$	455,956	$	514,747	$	514,485
After one year through five years	122,194		122,374		69,034		68,736
Total	$	577,807	$	578,330	$	583,781	$	583,221

Summary of Fair Values and Unrealized Losses of Available-For-Sale Marketable Securities In Continuous Unrealized Loss Position

The following table summarizes the fair values and unrealized losses of the Company’s available-for-sale marketable securities classified by length of time that the securities have been in a continuous unrealized loss position but were not deemed to be other-than-temporarily impaired, as of April 30, 2025 and 2024 (in thousands):

	As of April 30, 2025
	Less Than 12 Months				12 Months or Greater				Total
	Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value
U.S. treasury securities	$	—	$	2,468	$	—	$	—	$	—	$	2,468
U.S. government agencies securities	(9)		7,973		—		—		$	(9)	$	7,973
Commercial paper	—		1,823		—		—		$	—	$	1,823
Corporate debt securities	(129)		62,899		(2)		9,847		$	(131)	$	72,746
Total	$	(138)	$	75,163	$	(2)	$	9,847	$	(140)	$	85,010

	As of April 30, 2024
	Less Than 12 Months				12 Months or Greater				Total
	Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value
U.S. treasury securities	$	—	$	2,497	$	—	$	—	$	—	$	2,497
U.S. government agencies securities	(99)		33,890		(6)		7,749		(105)		41,639
Commercial paper	—		4,058		—		—		—		4,058
Corporate debt securities	(491)		196,907		(34)		27,658		(525)		224,565
Total	$	(590)	$	237,352	$	(40)	$	35,407	$	(630)	$	272,759