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CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($)
shares in Thousands, $ in Thousands
Total
Parent [Member]
Common Stock
Treasury Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Income (Loss)
Accumulated Deficit
Noncontrolling Interest
Beginning balance (in shares) at Jan. 31, 2024 [1],[2]     334,453          
Beginning balance at Jan. 31, 2024 $ 5,190,594 $ 5,180,308 $ 34 [1],[2] $ (67,140) $ 9,331,238 $ (8,220) $ (4,075,604) $ 10,286
Beginning balance, treasury stock (in shares) at Jan. 31, 2024       (492)        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of common stock upon exercise of stock options (in shares) [1],[2]     5,196          
Issuance of common stock upon exercise of stock options 35,031 35,031     35,031      
Issuance of common stock under employee stock purchase plan (in shares) [1],[2]     660          
Issuance of common stock under employee stock purchase plan 77,053 77,053     77,053      
Issuance of common stock in connection with a business combination (in shares) [1],[2]     1          
Issuance of common stock in connection with a business combination subject to future vesting (in shares) [1],[2]     68          
Cancellation of common stock issued in connection with business combinations (in shares) [1],[2]     (71)          
Cancellation of common stock issued in connection with business combinations (67) (67)     (67)      
Vesting of restricted stock units (in shares) [1],[2]     7,569          
Vesting of restricted stock units     $ 1 [1],[2]   (1)      
Shares withheld related to net share settlement of equity awards (in shares) [1],[2]     (2,591)          
Issuance of common stock in connection with a business combination subject to future vesting (356,178) (356,178)     (356,178)      
Repurchases and retirement of common stock, including transaction costs and excise tax, if any (in shares) [1],[2]     (14,765)          
Repurchases and retirement of common stock, including transaction costs and excise tax, if any (1,936,724) (1,936,724) $ (2) [1],[2]       (1,936,722)  
Reissuance of treasury stock upon settlement of equity awards (in shares)       43        
Reissuance of treasury stock upon settlement of equity awards 100 100   $ 5,750 (5,650)      
Purchases of capped calls related to convertible senior notes (195,500) (195,500)     (195,500)      
Stock-based compensation 1,078,128 1,078,128     1,078,128      
Other comprehensive income (loss) 5,460 5,460       5,460    
Net income (loss) (963,488) (958,166)         (958,166) (5,322)
Ending balance (in shares) at Oct. 31, 2024 [2],[3],[4]     330,520          
Ending balance at Oct. 31, 2024 2,934,409 2,929,445 $ 33 [1],[2],[4] $ (61,390) 9,964,054 (2,760) (6,970,492) 4,964
Ending balance, treasury stock (in shares) at Oct. 31, 2024       (449)        
Beginning balance (in shares) at Jul. 31, 2024 [3],[4]     335,620          
Beginning balance at Jul. 31, 2024 4,137,588 4,129,001 $ 34 [3],[4] $ (62,800) 9,822,965 (5,379) (5,625,819) 8,587
Beginning balance, treasury stock (in shares) at Jul. 31, 2024       (460)        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of common stock upon exercise of stock options (in shares) [3],[4]     2,010          
Issuance of common stock upon exercise of stock options 11,551 11,551     11,551      
Issuance of common stock under employee stock purchase plan (in shares) [3],[4]     314          
Issuance of common stock under employee stock purchase plan 30,318 30,318     30,318      
Issuance of common stock in connection with a business combination subject to future vesting (in shares) [3],[4]     68          
Cancellation of common stock issued in connection with business combinations (in shares) [3],[4]     (71)          
Cancellation of common stock issued in connection with business combinations (67) (67)     (67)      
Vesting of restricted stock units (in shares) [3],[4]     2,117          
Shares withheld related to net share settlement of equity awards (in shares) [3],[4]     (712)          
Issuance of common stock in connection with a business combination subject to future vesting (80,213) (80,213)     (80,213)      
Repurchases and retirement of common stock, including transaction costs and excise tax, if any (in shares) [3],[4]     (8,826)          
Repurchases and retirement of common stock, including transaction costs and excise tax, if any (1,020,395) (1,020,395) $ (1) [3],[4]       (1,020,394)  
Reissuance of treasury stock upon settlement of equity awards (in shares)       11        
Reissuance of treasury stock upon settlement of equity awards 17 17   $ 1,410 (1,393)      
Purchases of capped calls related to convertible senior notes (195,500) (195,500)     (195,500)      
Stock-based compensation 376,393 376,393     376,393      
Other comprehensive income (loss) 2,619 2,619       2,619    
Net income (loss) (327,902) (324,279)         (324,279) (3,623)
Ending balance (in shares) at Oct. 31, 2024 [2],[3],[4]     330,520          
Ending balance at Oct. 31, 2024 2,934,409 2,929,445 $ 33 [1],[2],[4] $ (61,390) 9,964,054 (2,760) (6,970,492) 4,964
Ending balance, treasury stock (in shares) at Oct. 31, 2024       (449)        
Beginning balance (in shares) at Jan. 31, 2025 [1]     334,301          
Beginning balance at Jan. 31, 2025 $ 3,006,643 2,999,929 $ 34 [1] $ (59,505) 10,355,211 (2,236) (7,293,575) 6,714
Beginning balance, treasury stock (in shares) at Jan. 31, 2025 (436)     (436)        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of common stock upon exercise of stock options (in shares) [1]     6,942          
Issuance of common stock upon exercise of stock options $ 63,584 63,584     63,584      
Issuance of common stock under employee stock purchase plan (in shares) [1]     817          
Issuance of common stock under employee stock purchase plan 88,123 88,123     88,123      
Vesting of restricted stock units (in shares) [1]     7,130          
Shares withheld related to net share settlement of equity awards (in shares) [1]     (2,460)          
Issuance of common stock in connection with a business combination subject to future vesting (486,261) (486,261)     (486,261)      
Repurchases and retirement of common stock, including transaction costs and excise tax, if any (in shares) [1]     (4,257)          
Repurchases and retirement of common stock, including transaction costs and excise tax, if any (723,534) (723,534)         (723,534)  
Reissuance of treasury stock upon settlement of equity awards (in shares)       28        
Reissuance of treasury stock upon settlement of equity awards 0 0   $ 3,791 (3,791)      
Stock-based compensation 1,205,799 1,205,799     1,205,799      
Distributions to noncontrolling interest holders and other adjustments (9,295)       (4,479)   4,479 (9,295)
Other comprehensive income (loss) 7,359 7,359       7,359    
Net income (loss) (1,019,485) (1,022,066)         (1,022,066) 2,581
Ending balance (in shares) at Oct. 31, 2025 [3]     342,473          
Ending balance at Oct. 31, 2025 $ 2,132,933 2,132,933 $ 34 [1] $ (55,714) 11,218,186 5,123 (9,034,696) 0
Ending balance, treasury stock (in shares) at Oct. 31, 2025 (408)     (408)        
Beginning balance (in shares) at Jul. 31, 2025 [3]     339,179          
Beginning balance at Jul. 31, 2025 $ 2,379,589 2,372,648 $ 34 [3] $ (56,968) 10,939,122 2,782 (8,512,322) 6,941
Beginning balance, treasury stock (in shares) at Jul. 31, 2025       (417)        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of common stock upon exercise of stock options (in shares) 2,530   2,530 [3]          
Issuance of common stock upon exercise of stock options $ 26,906 26,906     26,906      
Issuance of common stock under employee stock purchase plan (in shares) [3]     263          
Issuance of common stock under employee stock purchase plan 34,930 34,930     34,930      
Vesting of restricted stock units (in shares) [3]     2,377          
Shares withheld related to net share settlement of equity awards (in shares) [3]     (833)          
Issuance of common stock in connection with a business combination subject to future vesting (188,791) (188,791)     (188,791)      
Repurchases and retirement of common stock, including transaction costs and excise tax, if any (in shares) [3]     (1,043)          
Repurchases and retirement of common stock, including transaction costs and excise tax, if any (232,896) (232,896)         (232,896)  
Reissuance of treasury stock upon settlement of equity awards (in shares)       9        
Reissuance of treasury stock upon settlement of equity awards 0 0   $ 1,254 (1,254)      
Stock-based compensation 411,752 411,752     411,752      
Distributions to noncontrolling interest holders and other adjustments (9,295)       (4,479)   4,479 (9,295)
Other comprehensive income (loss) 2,341 2,341       2,341    
Net income (loss) (291,603) (293,957)         (293,957) 2,354
Ending balance (in shares) at Oct. 31, 2025 [3]     342,473          
Ending balance at Oct. 31, 2025 $ 2,132,933 $ 2,132,933 $ 34 [1] $ (55,714) $ 11,218,186 $ 5,123 $ (9,034,696) $ 0
Ending balance, treasury stock (in shares) at Oct. 31, 2025 (408)     (408)        
[1]
(1) On July 3, 2025, all authorized shares of the Company’s Class B common stock were eliminated and the Company’s Class A common stock was renamed to “common stock”, pursuant to the terms of the Company’s amended and restated certificate of incorporation. Unless otherwise noted, all references herein to the Company’s common stock refer to the Class A common stock prior to the effectiveness of the certificate. See Note 12, “Equity,” for further details.
[2]
(2) In connection with a business combination completed during the three months ended January 31, 2024, the Company issued approximately 0.2 million shares of its common stock to one of its wholly-owned subsidiaries, in exchange for a noncontrolling equity interest in the acquired company that was held by the subsidiary prior to this business combination. These shares were treated as treasury stock for accounting purposes as of January 31, 2024, April 30, 2024, and July 31, 2024, and were subsequently transferred to the Company and retired during the three months ended October 31, 2024. These shares are not reflected in the table above.
[3]
(1) On July 3, 2025, all authorized shares of the Company’s Class B common stock were eliminated and the Company’s Class A common stock was renamed to “common stock”, pursuant to the terms of the Company’s amended and restated certificate of incorporation. Unless otherwise noted, all references herein to the Company’s common stock refer to the Class A common stock prior to the effectiveness of the certificate. See Note 12, “Equity,” for further details.
[4]
(2) In connection with a business combination completed during the three months ended January 31, 2024, the Company issued approximately 0.2 million shares of its common stock to one of its wholly-owned subsidiaries, in exchange for a noncontrolling equity interest in the acquired company that was held by the subsidiary prior to this business combination. These shares were treated as treasury stock for accounting purposes as of January 31, 2024, April 30, 2024, and July 31, 2024, and were subsequently transferred to the Company and retired during the three months ended October 31, 2024. These shares are not reflected in the table above.