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Net Income Per Share Attributable to Common Stockholders
12 Months Ended
Jan. 31, 2025
Earnings Per Share [Abstract]  
Net Income Per Share Attributable to Common Stockholders Net Income Per Share Attributable to Common Stockholders
The following table sets forth the computation of basic and diluted net income per share attributable to common stockholders for the periods presented:
Year Ended January 31,
202520242023
Class AClass BClass AClass BClass AClass B
Numerator:(in thousands, except share and per share data)
Net income$861,755 $148,483 $538,554 $98,908 $87,246 $16,465 
Less: undistributed earnings attributable to participating securities— — — — — (7)
Net income attributable to common stockholders, basic$861,755 $148,483 $538,554 $98,908 $87,246 $16,458 
Reallocation of net income attributable to common stockholders(5,170)5,170 (4,653)4,653 (1,205)1,205 
Net income attributable to common stockholders, diluted$856,585 $153,653 $533,901 $103,561 $86,041 $17,663 
Denominator:
Weighted-average shares used in computing net income per share attributable to common stockholders, basic
262,715,505 45,266,466 254,084,540 46,663,622 249,494,904 47,065,597 
Weighted-average shares used in computing net income per share attributable to common stockholders, diluted
267,148,873 47,920,709 258,398,674 50,121,223 252,413,234 51,818,116 
Net income per share attributable to common stockholders, basic
$3.28 $3.28 $2.12 $2.12 $0.35 $0.35 
Net income per share attributable to common stockholders, diluted
$3.21 $3.21 $2.07 $2.07 $0.34 $0.34 
The potential shares of common stock that were excluded from the computation of diluted net income per share attributable to common stockholders for the periods presented because including them would have been anti-dilutive are as follows:
Year Ended January 31,
202520242023
Class AClass BClass AClass BClass AClass B
Outstanding stock options95,963 — 109,441 — 88,019 — 
Unvested RSUs8,082,027 — 9,124,205 — 9,228,633 — 
Purchase rights committed under the ESPP
1,236,530 — 1,789,166 — 1,674,853 — 
Total9,414,520 — 11,022,812 — 10,991,505 — 
For the years ended January 31, 2025, 2024, and 2023, the table above does not include 405,156 of issued Class A common stock held by us that are reserved for the sole purpose of being transferred to nonprofit organizations.