Cash and Cash Equivalents, Investments and Fair Value Measurements (Tables)

3 Months Ended

Apr. 30, 2024

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets Measured on Recurring Basis

The following tables summarize information about our cash, cash equivalents, and investments by investment category as of April 30, 2024 and January 31, 2024 (in thousands):

	As of April 30, 2024
	Fair Value Level	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value
Assets
Cash and cash equivalents:
Cash	Level 1	$	93,033	$	—	$	—	$	93,033
Money market funds	Level 1	105,683		—		—		105,683
Total cash and cash equivalents		$	198,716	$	—	$	—	$	198,716
Short-term investments:
U.S. Treasury securities	Level 1	$	187,909	$	—	$	(586)	$	187,323
Corporate notes and bonds	Level 2	232,901		1		(960)		231,942
U.S. agency securities	Level 2	155,802		2		(581)		155,223
Total short-term investments		$	576,612	$	3	$	(2,127)	$	574,488
Long-term investments:
U.S. Treasury securities	Level 1	$	86,966	$	—	$	(246)	$	86,720
Corporate notes and bonds	Level 2	151,624		8		(623)		151,009
U.S. agency securities	Level 2	80,591		—		(260)		80,331
Total long-term investments		$	319,181	$	8	$	(1,129)	$	318,060
Total assets measured at fair value		$	1,094,509	$	11	$	(3,256)	$	1,091,264

	As of January 31, 2024
	Fair Value Level	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value
Assets
Cash and cash equivalents:
Cash	Level 1	$	43,925	$	—	$	—	$	43,925
Money market funds	Level 1	204,481		—		—		204,481
Certificates of deposit	Level 2	8,245		—		—		8,245
Total cash and cash equivalents		$	256,651	$	—	$	—	$	256,651
Short-term investments:
U.S. Treasury securities	Level 1	$	234,776	$	—	$	(1,053)	$	233,723
Corporate notes and bonds	Level 2	279,248		12		(1,068)		278,192
U.S. agency securities	Level 2	157,873		18		(501)		157,390
Total short-term investments		671,897		30		(2,622)		669,305
Long-term investments:
U.S. Treasury securities	Level 1	$	27,175	$	121	$	—	$	27,296
Corporate notes and bonds	Level 2	69,970		279		(67)		70,182
U.S. agency securities	Level 2	90,924		303		(48)		91,179
Total long-term investments		$	188,069	$	703	$	(115)	$	188,657
Total assets measured at fair value		$	1,116,617	$	733	$	(2,737)	$	1,114,613