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Net Income Per Share
6 Months Ended
Jul. 31, 2026
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,
2026202520262025
Class AClass BClass AClass BClass AClass BClass AClass B
(in thousands, except share and per share data)
Numerator:
Net income, basic$1,391,787 $150,658 $316,729 $41,863 $1,776,153 $191,969 $534,869 $78,326 
Reallocation of net income(1,901)1,901 (1,123)1,123 (3,409)3,409 (1,740)1,740 
Net income, diluted$1,389,886 $152,559 $315,606 $42,986 $1,772,744 $195,378 $533,129 $80,066 
Denominator:
Weighted-average shares used in computing net income per share, basic264,272,327 28,606,911 266,548,290 35,230,824 265,042,232 28,646,146 264,605,839 38,748,996 
Weighted-average shares used in computing net income per share, diluted270,099,315 29,647,027 271,276,534 36,947,838 270,237,744 29,783,543 269,970,487 40,544,582 
Net income per share, basic$5.27 $5.27 $1.19 $1.19 $6.70 $6.70 $2.02 $2.02 
Net income per share, diluted$5.15 $5.15 $1.16 $1.16 $6.56 $6.56 $1.97 $1.97 
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,
2026202520262025
Class AClass BClass AClass BClass AClass BClass AClass B
Unvested RSUs3,694 — 1,390,763 — 5,285 — 1,826,669 — 
Purchase rights committed under the ESPP1,773,227 — 381,788 — 1,061,745 — 296,776 — 
Outstanding stock options— — 87,993 — 38,212 — 89,815 — 
Total1,776,921 — 1,860,544 — 1,105,242 — 2,213,260 — 
The table above does not include 164,192 shares of issued Class A common stock held by us as of July 31, 2026 and 2025 that are reserved for the sole purpose of being transferred to nonprofit organizations.