Stock-Based Compensation (Tables)

6 Months Ended

Jul. 31, 2024

Share-Based Payment Arrangement [Abstract]

Schedule of Components of Stock-based Compensation Expense

The components of stock-based compensation expense recognized in the condensed consolidated statements of operations consisted of the following (in thousands):

	Three Months Ended July 31,				Six Months Ended July 31,
	2024		2023		2024		2023
Cost of revenue	$	5,564	$	4,068	$	10,433	$	8,241
Research and development	20,811		15,452		38,276		30,242
Sales and marketing	18,882		13,681		36,956		26,277
General and administrative	19,420		20,705		37,565		44,695
Restructuring	—		(1,060)		—		(1,060)
Total	$	64,677	$	52,846	$	123,230	$	108,395

Schedule of Nonvested Restricted Stock Shares Activity

A summary of our RSU activity is as follows:

	Number of RSUs	Weighted-Average Grant Date Fair Value
Outstanding as of January 31, 2024	26,079,887	$	20.29
Granted	10,747,191	23.35
Released	(4,570,788)	21.06
Forfeited	(2,708,604)	21.57
Outstanding as of July 31, 2024	29,547,686	$	21.17

Share-Based Payment Arrangement, Performance Shares, Activity

A summary of our PSU activity is as follows:

	Number of PSUs	Weighted-Average Grant Date Fair Value
Outstanding as of January 31, 2024	1,326,570	$	15.97
Granted	219,301	22.09
Released	—	—
Forfeited	(993,200)	15.46
Outstanding as of July 31, 2024	552,671	$	19.31

Schedule of Share-based Payment Arrangement, Option, Activity

A summary of our stock option activity is as follows:

	Number of Options	Weighted-Average Exercise Price
Outstanding as of January 31, 2024	21,159,850	$	5.63
Assumed options from PingSafe acquisition	214,976	0.25
Exercised	(3,820,697)	3.35
Forfeited	(167,879)	7.93
Outstanding as of July 31, 2024	17,386,250	6.04
Vested and expected to vest as of July 31, 2024	17,386,250	6.04
Vested and exercisable as of July 31, 2024	13,338,705	$	5.13