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Property and Equipment, Net
 6 Months Ended
Jul. 31, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
Property and equipment, net consisted of the following (in thousands):

July 31, 2025January 31, 2025
Leasehold improvements$117,022 $97,324 
Computers, equipment, and software65,526 49,575 
Furniture and fixtures29,676 25,473 
Capitalized software development costs
223,364 209,684 
Construction in progress—capitalized software development costs
13,512 28,672 
Construction in progress—other16,151 39,106 
Total property and equipment, gross465,251 449,834 
Less: accumulated depreciation and amortization(1)
(182,200)(153,441)
Total property and equipment, net$283,051 $296,393 
________________
(1)Includes $117.2 million and $84.8 million of accumulated amortization related to capitalized software development costs as of July 31, 2025 and January 31, 2025, respectively.

Depreciation and amortization expense was $27.0 million and $51.7 million for the three and six months ended July 31, 2025, respectively. Included in these amounts were the amortization of capitalized software development costs of $17.0 million and $33.8 million for the three and six months ended July 31, 2025, respectively.

Depreciation and amortization expense was $21.2 million and $38.0 million for the three and six months ended July 31, 2024, respectively. Included in these amounts were the amortization of capitalized software development costs of $13.3 million and $24.2 million for the three and six months ended July 31, 2024, respectively.

During the six months ended July 31, 2025, the Company recognized impairment charges of $20.8 million, mainly for leasehold improvements and furniture and fixtures, primarily relating to the cease-use of its San Mateo office facility. Such impairment charges were recorded as general and administrative expenses on the condensed consolidated statement of operations. See Note 11, “Commitments and Contingencies,” for further details. Impairment charges were not material for the six months ended July 31, 2024.