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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jan. 31, 2024
Jan. 31, 2023
Jan. 31, 2022
Cash flows from operating activities:      
Net loss $ (837,990) $ (797,526) $ (679,948)
Adjustments to reconcile net loss to net cash provided by operating activities:      
Depreciation and amortization 119,903 63,535 21,498
Non-cash operating lease costs 52,892 46,240 35,553
Amortization of deferred commissions 74,787 57,445 37,876
Stock-based compensation, net of amounts capitalized 1,168,015 861,533 605,095
Net amortization (accretion) of premiums (discounts) on investments (61,525) 3,497 48,002
Net realized and unrealized losses (gains) on strategic investments in equity securities (46,809) 46,435 (27,621)
Deferred income tax (26,762) (26,664) (717)
Other 14,895 1,618 2,014
Changes in operating assets and liabilities, net of effects of business combinations:      
Accounts receivable (212,083) (166,965) (251,652)
Deferred commissions (134,787) (95,107) (95,877)
Prepaid expenses and other assets 59,795 (2,904) (159,159)
Accounts payable 19,212 8,024 7,371
Accrued expenses and other liabilities 171,048 74,519 79,772
Operating lease liabilities (40,498) (42,342) (38,249)
Deferred revenue 528,029 514,301 526,221
Net cash provided by operating activities 848,122 545,639 110,179
Cash flows from investing activities:      
Purchases of property and equipment (35,086) (25,128) (16,221)
Capitalized internal-use software development costs (34,133) (24,012) (12,772)
Cash paid for business combinations, net of cash, cash equivalents, and restricted cash acquired (275,706) (362,609) 0
Purchases of intangible assets (28,744) (700) (24,334)
Purchases of investments (2,476,206) (3,901,321) (4,250,338)
Sales of investments 11,266 58,813 440,069
Maturities and redemptions of investments 3,670,867 3,657,072 3,842,796
Net cash provided by (used in) investing activities 832,258 (597,885) (20,800)
Cash flows from financing activities:      
Proceeds from exercise of stock options 57,194 39,893 127,036
Proceeds from issuance of common stock under employee stock purchase plan 61,234 40,931 52,227
Taxes paid related to net share settlement of equity awards (380,799) (184,648) 0
Repurchases of common stock (591,732) 0 0
Capital contributions from noncontrolling interest holders 0 13,000 0
Payments of deferred purchase consideration for business combinations 0 (1,800) (1,065)
Net cash provided by (used in) financing activities (854,103) (92,624) 178,198
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (2,031) (933) (236)
Net increase (decrease) in cash, cash equivalents, and restricted cash 824,246 (145,803) 267,341
Cash, cash equivalents, and restricted cash—beginning of period 956,731 1,102,534 835,193
Cash, cash equivalents, and restricted cash—end of period 1,780,977 956,731 1,102,534
Supplemental disclosures of cash flow information:      
Cash paid for income taxes 12,452 6,550 1,482
Supplemental disclosures of non-cash investing and financing activities      
Property and equipment included in accounts payable and accrued expenses 17,463 6,317 5,115
Stock-based compensation included in capitalized software development costs 48,181 28,467 23,620
Issuance of common stock in connection with business combinations 174,284 438,916 0
Unpaid taxes related to net share settlement of equity awards included in accrued expenses and other current liabilities 6,850 53 0
Reconciliation of cash, cash equivalents, and restricted cash:      
Cash and cash equivalents 1,762,749 939,902 1,085,729
Restricted cash—included in other assets and prepaid expenses and other current assets 18,228 16,829 16,805
Total cash, cash equivalents, and restricted cash $ 1,780,977 $ 956,731 $ 1,102,534