XML 65 R40.htm IDEA: XBRL DOCUMENT v3.25.1
Commitment and Contingencies (Tables)
12 Months Ended
Jan. 31, 2025
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Lease Cost
The components of lease costs and other information related to leases were as follows (in thousands):

Fiscal Year Ended January 31,
202520242023
Operating lease costs$59,943 $52,892 $46,240 
Variable lease costs14,477 11,667 7,906 
Sublease income(7,539)(11,943)(12,782)
Total lease costs$66,881 $52,616 $41,364 
Supplemental cash flow information and non-cash activity related to the Company’s operating leases were as follows (in thousands):

Fiscal Year Ended January 31,
202520242023
Cash payments included in the measurement of operating lease liabilities—operating cash flows
$47,711 $40,498 $42,342 
Operating lease liabilities arising from obtaining right-of-use assets$148,181 $56,037 $72,158 

Weighted-average remaining lease term and discount rate for the Company’s operating leases were as follows:

January 31, 2025January 31, 2024
Weighted-average remaining lease term (years)
7.77.5
Weighted-average discount rate
6.2 %6.1 %
Schedule of Operating Leases and Subleases
The total remaining lease payments under non-cancelable operating leases and lease receipts for subleases as of January 31, 2025 were as follows (in thousands):

Operating Leases
Subleases
Total
Fiscal Year Ending January 31,
2026$22,278 $(5,774)$16,504 
202770,409 (5,960)64,449 
202873,003 (6,153)66,850 
202961,339 (6,351)54,988 
203069,728 (3,235)66,493 
Thereafter260,669 — 260,669 
Total lease payments (receipts)
$557,426 $(27,473)$529,953 
Less: imputed interest(143,685)
Present value of operating lease liabilities$413,741 
Schedule of Other Contractual Commitments
Future minimum payments under the Company’s non-cancelable purchase commitments with a remaining term in excess of one year as of January 31, 2025 are presented in the table below (in thousands):

Amount
Fiscal Year Ending January 31,
2026$569,771 
2027577,133 
2028655,709 
2029964,554 
(1)(2)
2030 and thereafter— 
Total$2,767,167 
________________
(1)Includes $755.3 million of remaining non-cancelable contractual commitments as of January 31, 2025 related to one of the Company’s third-party cloud infrastructure agreements, under which the Company committed to spend an aggregate of at least $1.0 billion between June 2023 and May 2028 with no minimum purchase commitment during any year. The Company is required to pay the difference if it fails to meet the minimum purchase commitment by May 2028 and such payment can be applied to qualifying expenditures for cloud infrastructure services for up to twelve months after May 2028.
(2)Also includes $208.3 million of remaining non-cancelable contractual commitments as of January 31, 2025 related to another one of the Company’s third-party cloud infrastructure agreements, under which the Company committed to spend an aggregate of at least $250.0 million between January 2024 and December 2028 with no minimum purchase commitment during any year. The Company is required to pay the difference if it fails to meet the minimum purchase commitment by December 2028.