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Property and Equipment, Net
9 Months Ended
Oct. 31, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
Property and equipment are recorded at cost and depreciated or amortized on a straight-line basis over their estimated useful lives. Property and equipment, net consisted of the following:
(in thousands)October 31, 2025January 31, 2025
Computer software$25,486 $24,086 
Office equipment23,792 23,529 
Furniture and fixtures7,227 7,894 
Leasehold improvements 59,919 59,944 
Construction in progress40 27 
Software in progress1,310 548 
Total property and equipment, gross117,774 116,028 
Less: accumulated depreciation(84,837)(76,339)
Total property and equipment, net$32,937 $39,689 
As of October 31, 2025 and January 31, 2025, the Company's property and equipment, net attributable to the United States was 92% and 91%, respectively. No other individual country represented more than 10% of the total property and equipment, net as of those periods. Depreciation expense was $2.6 million and $8.1 million for the three and nine months ended October 31, 2025, respectively, and $2.8 million and $8.6 million for the three and nine months ended October 31, 2024, respectively.
In the third quarter of fiscal 2026, the Company subleased a floor of its corporate headquarters. In connection with this arrangement, the Company recorded a $3.8 million impairment loss during the three and nine months ended October 31, 2025, of which $2.8 million was attributable to the right-of-use asset and $1.0 million to the related leasehold improvements. The following table summarizes the Company’s impairment loss for the periods presented:
Three months ended October 31,Nine months ended October 31,
(in thousands)2025202420252024
Cost of revenue$1,097 $— $1,097 $— 
Sales and marketing1,035 — 1,035 — 
Research and development921 — 921 — 
General and administrative754 — 754 — 
Total impairment loss
$3,807 $— $3,807 $—