XML 18 R8.htm IDEA: XBRL DOCUMENT v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jul. 31, 2026
Jul. 31, 2025
Cash flows from operating activities:    
Net income $ 1,968,122 $ 613,195
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock-based compensation expense 358,737 390,268
Amortization of deferred contract acquisition costs 107,155 139,563
Depreciation and amortization 65,112 67,479
Deferred income taxes 341,465 (53,271)
Gains on strategic investments, net (1,766,500) (31,437)
Provision for accounts receivable allowances 5,326 10,120
Unrealized foreign exchange losses (gains) 3,001 (8,539)
Non-cash operating lease cost 12,048 12,494
Amortization of discount/premium on marketable securities (6,257) (21,635)
Other 987 3,812
Changes in operating assets and liabilities:    
Accounts receivable (40,250) (23,608)
Prepaid expenses and other assets 45,906 3,160
Deferred contract acquisition costs (186,162) (129,552)
Accounts payable 5,948 4,794
Accrued expenses and other liabilities (13,960) (81,985)
Deferred revenue 129,774 125,015
Operating lease liabilities, net (14,091) (14,672)
Net cash provided by operating activities 1,016,361 1,005,201
Cash flows from investing activities:    
Purchases of marketable securities (4,488,122) (2,227,043)
Maturities of marketable securities 1,238,601 2,088,081
Sales of marketable securities 3,428,694 12,525
Purchases of property and equipment (43,466) (33,876)
Purchases of strategic investments (441,074) (27,495)
Proceeds from strategic investments 309 2,505
Cash paid for acquisition, net of cash acquired (248,655) 0
Payments to Acquire Intangible Assets (524) (500)
Net cash used in investing activities (554,237) (185,803)
Cash flows from financing activities:    
Proceeds from exercise of stock options 1,552 1,375
Proceeds from issuance of common stock for employee stock purchase plan 40,892 36,057
Proceeds from employee equity transactions to be remitted (remitted) to employees and tax authorities, net 6,285 (2,083)
Cash paid for repurchases of common stock, including excise taxes (722,189) (883,284)
Taxes paid related to net share settlement of equity awards (121,761) (137,457)
Net cash used in financing activities (795,221) (985,392)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (2,136) 13,276
Net decrease in cash, cash equivalents, and restricted cash (335,233) (152,718)
Cash, cash equivalents, and restricted cash – beginning of period 1,283,781 1,361,417
Cash, cash equivalents, and restricted cash – end of period 948,548 1,208,699
Reconciliation of cash, cash equivalents, and restricted cash within the condensed consolidated balance sheets to the amounts shown in the condensed consolidated statements of cash flows above:    
Cash and cash equivalents 931,992 1,198,576
Restricted cash, current included in prepaid expenses and other current assets 16,556 10,123
Total cash, cash equivalents, and restricted cash $ 948,548 $ 1,208,699