Property and Equipment, Net

3 Months Ended

Apr. 30, 2026

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)	April 30, 2026		January 31, 2026
Computer software	$	27,680	$	26,839
Office equipment	23,985		23,907
Furniture and fixtures	7,023		7,133
Leasehold improvements	57,962		57,983
Construction in progress	40		33
Software in progress	110		687
Total property and equipment, gross	116,800		116,582
Less: accumulated depreciation	(89,443)		(86,494)
Total property and equipment, net	$	27,357	$	30,088

As of April 30, 2026 and January 31, 2026, the Company's property and equipment, net attributable to the United States was 93% in both periods. No other individual country represented more than 10% of the total property and equipment, net as of those periods. Depreciation expense was $2.2 million and $2.7 million three months ended April 30, 2026 and 2025, respectively.

As of April 30, 2026, the Company was in the process of subleasing a floor of its corporate headquarters. In connection with this arrangement, the Company recorded a $4.3 million impairment loss during the three months ended April 30, 2026, of which $3.3 million was attributable to the right-of-use asset and $1.0 million to the related leasehold improvements. During the three months ended April 30, 2026, the Company also recorded an impairment loss of $0.4 million related to cloud computing capitalized implementation costs, which were reflected in prepaid expenses and other current assets on the Company's condensed consolidated balance sheet. The following table summarizes the Company’s impairment loss for the periods presented:

	Three months ended April 30,
(in thousands)	2026		2025
Cost of revenue	$	1,453	$	—
Sales and marketing	1,108		—
Research and development	1,042		—
General and administrative	1,086		—
Total impairment loss	$	4,689	$	—