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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Oct. 31, 2024
Oct. 31, 2023
Cash flows from operating activities:    
Net loss $ (963,488) $ (668,078)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 132,378 84,917
Non-cash operating lease costs 42,370 39,141
Amortization of deferred commissions 68,835 54,722
Stock-based compensation, net of amounts capitalized 1,051,195 862,517
Net accretion of discounts on investments (33,869) (49,226)
Net realized and unrealized losses (gains) on strategic investments in equity securities 35,814 (1,105)
Amortization of debt issuance costs 689 0
Deferred income tax (532) (13,107)
Other 4,879 14,286
Changes in operating assets and liabilities, net of effects of business combinations:    
Accounts receivable 328,704 205,138
Deferred commissions (62,785) (66,470)
Prepaid expenses and other assets 42,456 51,574
Accounts payable 102,721 51,672
Accrued expenses and other liabilities 38,702 33,709
Operating lease liabilities (34,344) (28,739)
Deferred revenue (226,686) (67,409)
Net cash provided by operating activities 527,039 503,542
Cash flows from investing activities:    
Purchases of property and equipment (35,002) (22,014)
Capitalized internal-use software development costs (23,428) (27,104)
Cash paid for business combinations, net of cash, cash equivalents, and restricted cash acquired (17,125) (279,534)
Purchases of intangible assets 0 (28,744)
Purchases of investments (2,288,985) (2,095,329)
Sales of investments 54,394 11,266
Maturities and redemptions of investments 2,276,653 2,751,148
Settlement of cash flow hedges (749) 0
Net cash provided by (used in) investing activities (34,242) 309,689
Cash flows from financing activities:    
Proceeds from exercise of stock options 35,212 38,854
Proceeds from issuance of common stock under employee stock purchase plan 77,053 61,234
Taxes paid related to net share settlement of equity awards (359,607) (273,828)
Repurchases of common stock (1,932,333) (591,732)
Gross proceeds from issuance of convertible senior notes 2,300,000 0
Cash paid for issuance costs on convertible senior notes (31,230) 0
Purchases of capped calls related to convertible senior notes (195,500) 0
Net cash used in financing activities (106,405) (765,472)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (1,131) (4,595)
Net increase in cash, cash equivalents, and restricted cash 385,261 43,164
Cash, cash equivalents, and restricted cash—beginning of period 1,780,977 956,731
Cash, cash equivalents, and restricted cash—end of period 2,166,238 999,895
Supplemental disclosures of non-cash investing and financing activities:    
Property and equipment included in accounts payable and accrued expenses 21,198 7,690
Stock-based compensation included in capitalized software development costs 29,081 37,230
Unpaid taxes related to net share settlement of equity awards included in accrued expenses and other current liabilities 3,438 5,293
Reconciliation of cash, cash equivalents, and restricted cash:    
Cash and cash equivalents 2,148,928 982,182
Restricted cash—included in other assets and prepaid expenses and other current assets 17,310 17,713
Total cash, cash equivalents, and restricted cash $ 2,166,238 $ 999,895