Segment Information

12 Months Ended

Jan. 31, 2025

Segment Reporting [Abstract]

Segment Information

Segment Information

Our CEO is the Chief Operating Decision Maker (“CODM”) of the Company. The Company manages the business activities on a consolidated basis and all information provided to and reviewed by our CODM is compiled at the consolidated entity level. Therefore, we have only one operating and reportable segment. The description of the types of products and services from which the reportable segment derives its revenue is the same as those described in the Summary of Business and Significant Accounting Policies.

The measure of segment profit or loss that our CODM uses to allocate resources and assess performance is our consolidated net income. The CODM uses net income to monitor results and to decide whether to reinvest profits. Our CODM does not assess segment performance or make decisions using asset or liability information.

The following table summarizes the significant segment expenses regularly provided to the CODM as well as other segment items:

	Year Ended January 31,
	2025		2024		2023
Revenue	$	4,665,433	$	4,527,224	$	4,392,960
Adjusted cost of revenue (1)	984,916		908,283		912,913
Adjusted research and development (1)	500,177		430,117		393,548
Adjusted sales and marketing (1)	1,090,294		1,116,356		1,153,660
Adjusted general and administrative (1)	252,152		297,580		353,755
Stock-based compensation expense	931,309		1,057,161		1,285,752
Interest income	(340,474)		(210,009)		(54,103)
Other segment items (2)	(68,525)		95,424		98,159
Provision for income taxes	305,346		194,850		145,565
Segment net income	1,010,238		637,462		103,711
Adjustments and reconciling items	—		—		—
Consolidated net income	1,010,238		637,462		103,711

(1) Excludes stock-based compensation expense and related payroll taxes, acquisition-related expenses, restructuring expenses, and litigation settlements, net

(2) Includes stock-based compensation related payroll taxes, acquisition-related expenses, restructuring expenses, litigation settlements, net, gains on strategic investments, net, and other income, net excluding interest income

The following table presents our property and equipment, net of depreciation and amortization, by geographic region:

	As of January 31,
	2025		2024
	(in thousands)
Americas	$	238,328	$	202,022
APAC	51,036		45,321
EMEA	41,111		46,361
Total property and equipment, net	$	330,475	$	293,704