Fair Value Measurements (Tables)

9 Months Ended

Oct. 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
October 31, 2023 (1)
Cash equivalents:
Money market funds	$	154,402	$	—	$	—	$	154,402
U.S. Treasury securities	—		25,812		—		25,812
Commercial paper	—		18,986		—		18,986
Short-term investments:
Commercial paper	—		35,725		—		35,725
Corporate debt securities	—		204,941		—		204,941
Foreign government bonds	—		2,246		—		2,246
U.S. Agency securities	—		57,826		—		57,826
U.S. Treasury securities	—		403,587		—		403,587
Total	$	154,402	$	749,123	$	—	$	903,525

(1) Excludes $86.1 million in cash on the condensed consolidated balance sheet as of October 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.