Income Taxes (Tables)

12 Months Ended

Jan. 31, 2025

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign

Our loss before provision for income taxes for fiscal 2025, 2024 and 2023 consisted of the following (in thousands):

	Year Ended January 31,
	2025		2024		2023
Domestic	$	(383,904)	$	(406,151)	$	(432,235)
Foreign	102,297		73,317		47,944
Loss before provision for income taxes	$	(281,607)	$	(332,834)	$	(384,291)

Schedule of Components of Income Tax Expense (Benefit)

The components of provision for income taxes for fiscal 2025, 2024 and 2023 consisted of the following (in thousands):

	Year Ended January 31,
	2025		2024		2023
Current:
State	$	178	$	150	$	53
Foreign	4,021		5,168		3,661
Total current	4,199		5,318		3,714
Deferred:
Federal	—		—		(6,754)
State	—		—		(2,913)
Foreign	2,635		541		340
Total deferred	2,635		541		(9,327)
Total provision for income taxes	$	6,834	$	5,859	$	(5,613)

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the expected provision for (benefit from) income taxes at the statutory federal income tax rate to our recorded provision for income taxes consisted of the following (in thousands):

	Year Ended January 31,
	2025		2024		2023
Benefit from income taxes at U.S. federal statutory rate	$	(59,137)	$	(69,895)	$	(80,701)
State taxes, net of federal benefit	178		150		53
Foreign tax rate differential	30,950		23,179		10,140
Stock-based compensation	6,689		12,367		2,734
Non-deductible expenses	468		1,390		1,780
Research and development credits	(2,987)		(2,251)		(688)
Change in valuation allowance	30,584		40,525		60,145
Other	89		394		924
Total provision for (benefit from) income taxes	$	6,834	$	5,859	$	(5,613)

Schedule of Deferred Tax Assets and Liabilities

Significant components of our net deferred tax assets and liabilities as of January 31, 2025 and 2024 consisted of the following (in thousands):

	As of January 31,
	2025		2024
Deferred tax assets:
Net operating loss carryforwards	$	207,838	$	226,971
Research and development expenses	148,728		106,257
Deferred revenue	42,537		36,199
Accruals and reserves	11,042		9,265
Operating lease liabilities	5,349		7,492
Stock-based compensation	17,388		14,300
Other	11,495		7,111
Gross deferred tax assets	444,377		407,595
Valuation allowance	(381,956)		(340,951)
Total deferred tax assets	62,421		66,644
Deferred tax liabilities:
Acquired intangibles, property and equipment	(24,373)		(28,652)
Deferred contract acquisition costs	(36,313)		(30,423)
Operating lease right-of-use assets	(4,602)		(6,582)
Other	(563)		(1,782)
Total deferred tax liabilities	(65,851)		(67,439)
Net deferred tax liabilities	$	(3,430)	$	(795)

Schedule of Unrecognized Tax Benefits Roll Forward

The changes in the gross amount of unrecognized tax benefits consisted of the following (in thousands):

	As of January 31,
	2025		2024		2023
Balance at beginning of year	$	2,197	$	1,013	$	566
Gross increases for tax positions of current year	1,540		1,027		447
Gross increases for tax positions of prior year	263		157		—
Balance at end of year	$	4,000	$	2,197	$	1,013