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Net Income Per Share
6 Months Ended
Jul. 31, 2025
Earnings Per Share [Abstract]  
Net Income Per Share Net Income Per Share
The following table sets forth the computation of basic and diluted net income per share for the periods presented:
Three Months Ended July 31, Six Months Ended July 31,
2025202420252024
Class AClass BClass AClass BClass AClass BClass AClass B
(in thousands, except share and per share data)
Numerator:
Net income, basic$316,729 $41,863 $186,687 $32,328 $534,869 $78,326 $370,754 $64,569 
Reallocation of net income(1,123)1,123 (1,425)1,425 (1,740)1,740 (2,718)2,718 
Net income, diluted$315,606 $42,986 $185,262 $33,753 $533,129 $80,066 $368,036 $67,287 
Denominator:
Weighted-average shares used in computing net income per share, basic266,548,290 35,230,824 263,506,853 45,630,954 264,605,839 38,748,996 263,100,802 45,820,808 
Weighted-average shares used in computing net income per share, diluted271,276,534 36,947,838 265,631,026 48,396,166 269,970,487 40,544,582 266,054,570 48,641,781 
Net income per share, basic$1.19 $1.19 $0.71 $0.71 $2.02 $2.02 $1.41 $1.41 
Net income per share, diluted$1.16 $1.16 $0.70 $0.70 $1.97 $1.97 $1.38 $1.38 
The potential shares of common stock that were excluded from the computation of diluted net income per share for the periods presented, because including them would have been anti-dilutive, are as follows:
Three Months Ended July 31, Six Months Ended July 31,
2025202420252024
Class AClass BClass AClass BClass AClass BClass AClass B
Unvested RSUs1,390,763 — 14,850,761 — 1,826,669 — 12,596,651 — 
Purchase rights committed under the ESPP381,788 — 2,436,546 — 296,776 — 1,738,415 — 
Outstanding stock options87,993 — 96,890 — 89,815 — 99,622 — 
Total1,860,544 — 17,384,197 — 2,213,260 — 14,434,688 — 
The table above does not include 405,156 shares of issued Class A common stock held by us as of July 31, 2025 and 2024 that are reserved for the sole purpose of being transferred to nonprofit organizations.