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Stockholders' Equity (Tables)
3 Months Ended
Apr. 30, 2026
Equity [Abstract]  
Schedule of Capital Units
Common stock reserved for issuance as of April 30, 2026 and January 31, 2026 are presented as follows:
As of
April 30, 2026January 31, 2026
Stock options issued and outstanding37,455,860 39,283,485 
RSUs issued and outstanding18,806,310 9,311,201 
Shares of common stock available for future grants39,206,459 37,811,841 
Shares available for issuance under the 2025 Employee Stock Purchase Plan ("ESPP")7,491,747 5,000,000 
Total common stock reserved for issuance102,960,376 91,406,527 
Schedule of Share-Based Payment Arrangement, Option, Activity
The following table presents stock option activity for the three months ended April 30, 2026 (in thousands, except price per share, share and years data):
Number of Stock Options OutstandingWeighted-Average Exercise Price per ShareWeighted- Average Remaining Contractual Life
(Years)
Aggregate Intrinsic Value
Balance as of January 31, 202639,283,485 $13.91 5.7$55,743 
Granted1,010,099 $9.97 
Exercised(2,451,289)$6.64 $16,981 
Cancelled/forfeited/expired(386,435)$16.74 
Balance as of April 30, 202637,455,860 $14.25 5.7$145,849 
Vested and expected to vest as of April 30, 202637,455,860 $14.25 5.7$145,849 
Exercisable as of April 30, 202630,776,070 $13.32 5.3$135,182 
Schedule of Share-Based Payment Arrangement, Restricted Stock Unit, Activity
The following table presents the activity related to RSUs for the three months ended April 30, 2026:
Number of Shares Subject to RSUsWeighted-Average Grant Date Fair Value
Unvested balance as of January 31, 20269,311,201 $22.23 
Granted10,915,113 $14.96 
Forfeited(474,657)$22.71 
Vested(945,347)$22.03 
Unvested and outstanding as of April 30, 202618,806,310 $18.01 
Schedule of Stock-based Compensation
Stock-based compensation is included in the following components of expenses within the condensed consolidated statements of operations (in thousands):
Three Months Ended April 30,
20262025
Cost of revenue$1,720 $1,047 
Research and development10,964 6,898 
Sales and marketing8,255 3,595 
General and administrative16,373 5,720 
Total stock-based compensation expense, net of amounts capitalized
$37,312 $17,260 
Capitalized stock-based compensation1,074 570 
Total stock-based compensation cost
$38,386 $17,830