CASH AND CASH EQUIVALENTS, INVESTMENTS, AND FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Jul. 31, 2026

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 category as of July 31, 2026 and January 31, 2026 (in thousands):

	As of July 31, 2026
	Fair Value Level	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value
Assets
Cash and cash equivalents:
Cash		$	90,988	$	—	$	—	$	90,988
Money market funds	Level 1	109,963		—		—		109,963
Total cash and cash equivalents		$	200,951	$	—	$	—	$	200,951
Short-term investments:
U.S. treasury securities	Level 1	$	268,998	$	95	$	(145)	$	268,948
Commercial paper	Level 2	29,353		—		(9)		29,344
Corporate notes and bonds	Level 2	147,524		40		(56)		147,508
U.S. agency securities	Level 2	8,500		—		(3)		8,497
Total short-term investments		$	454,375	$	135	$	(213)	$	454,297
Long-term investments:
Strategic investments - marketable equity securities (1)	Level 1							$	2,767
Total assets measured at fair value								$	658,015

(1) Unrealized losses of $0.6 million and $1.6 million on marketable equity securities held as of July 31, 2026 were recognized in other income (expense), net during the three and six months ended July 31, 2026, respectively. As of July 31, 2026, cumulative unrealized losses on marketable equity securities still held were $1.6 million.

	As of January 31, 2026
	Fair Value Level	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value
Assets
Cash and cash equivalents:
Cash		$	124,873	$	—	$	—	$	124,873
Money market funds	Level 1	44,754		—		—		44,754
Total cash and cash equivalents		$	169,627	$	—	$	—	$	169,627
Short-term investments:
U.S. treasury securities	Level 1	$	271,254	$	786	$	—	$	272,040
Corporate notes and bonds	Level 2	177,892		610		—		178,502
U.S. agency securities	Level 2	8,500		—		(1)		8,499
Total short-term investments		$	457,646	$	1,396	$	(1)	$	459,041
Long-term investments:
U.S. treasury securities	Level 1	$	45,754	$	227	$	—	$	45,981
Corporate notes and bonds	Level 2	58,473		238		—		58,711
Total long-term investments		$	104,227	$	465	$	—	$	104,692
Total assets measured at fair value		$	731,500	$	1,861	$	(1)	$	733,360

Schedule of Fair Value of Derivative Instruments

The following table summarizes the fair value of our derivative instruments on the condensed consolidated balance sheets (in thousands):

			As of July 31,		As of January 31,
	Classification	Fair Value Level	2026		2026
Foreign currency forward contracts not designated as hedging instruments:
Derivative liability	Accrued expenses and other current liabilities	Level 2	$	358	$	574