Property and Equipment, Net

12 Months Ended

Jan. 31, 2024

Property, Plant and Equipment [Abstract]

Property and equipment, net consisted of the following (in thousands):


	January 31, 2024		January 31, 2023

Leasehold improvements	$	67,804	$	59,872
Computers, equipment, and software	29,859		20,050
Furniture and fixtures	17,593		14,800
Capitalized internal-use software development costs	93,222		44,059
Construction in progress—capitalized internal-use software development costs	78,737		61,575
Construction in progress—other	34,890		7,313
Total property and equipment, gross	322,105		207,669
Less: accumulated depreciation and amortization(1)	(74,641)		(46,846)
Total property and equipment, net	$	247,464	$	160,823

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(1)Includes $30.0 million and $19.9 million of accumulated amortization related to capitalized internal-use software development costs as of January 31, 2024 and 2023, respectively.

Depreciation and amortization expense was $37.7 million, $24.7 million, and $13.7 million for the fiscal years ended January 31, 2024, 2023, and 2022, respectively. Included in these amounts was the amortization of capitalized internal-use software development costs of $19.0 million, $10.2 million, and $4.2 million for the fiscal years ended January 31, 2024, 2023, and 2022, respectively.

During the fiscal year ended January 31, 2024, the Company recognized impairment charges of $7.1 million related to its capitalized internal-use software development costs previously included in construction in-progress that were no longer probable of being completed. Such impairment charges were recorded as research and development expenses on the consolidated statements of operations. Impairment charges related to capitalized internal-use software development costs recognized during the fiscal years ended January 31, 2023 and 2022 were not material.