Fair Value Measurements (Tables)

6 Months Ended

Jul. 31, 2023

Fair Value Disclosures [Abstract]

Schedule of Financial Assets Measured at Fair Value on Recurring Basis

Financial assets measured at fair value on a recurring basis are summarized below (in thousands):

	Level 1		Level 2		Level 3		Fair Value
July 31, 2023 (1)
Cash equivalents:
Money market funds	$	117,628	$	—	$	—	$	117,628
U.S. Treasury securities	—		18,485		—		18,485
Commercial paper	—		10,916		—		10,916
Short-term investments:
Commercial paper	—		83,880		—		83,880
Corporate debt securities	—		175,854		—		175,854
Foreign government bonds	—		2,216		—		2,216
U.S. Agency securities	—		67,122		—		67,122
U.S. Treasury securities	—		383,986		—		383,986
Total	$	117,628	$	742,459	$	—	$	860,087

(1) Excludes $126.2 million in cash on the condensed consolidated balance sheet as of July 31, 2023.

	Level 1		Level 2		Level 3		Fair Value
January 31, 2023 (1)
Cash equivalents:
Money market funds	$	60,073	$	—	$	—	$	60,073
U.S. Agency securities	—		2,997		—		2,997
Short-term investments:
Commercial paper	—		88,609		—		88,609
Corporate debt securities	—		95,266		—		95,266
Municipal bonds	—		1,970		—		1,970
Foreign government bonds	—		2,170		—		2,170
U.S. Agency securities	—		73,725		—		73,725
U.S. Treasury securities	—		379,509		—		379,509
Total	$	60,073	$	644,246	$	—	$	704,319

(1) Excludes $232.3 million in cash on the condensed consolidated balance sheet as of January 31, 2023.