Cash Equivalents and Short-Term Investments (Tables)

12 Months Ended

Jan. 31, 2025

Cash and Cash Equivalents [Abstract]

Schedule of Short Term Investments

The following table summarizes the Company’s cash equivalents and short-term investments by category (in thousands):

	As of January 31, 2025
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Level 1:
Cash equivalents
Money market funds	$	97,093	$	—	$	—	$	97,093
Level 2:
Cash equivalents
U.S. Treasury securities	36,429		8		—		36,437
Total cash equivalents (1)	133,522		8		—		133,530
Short-term investments
Commercial paper	19,400		4		(11)		19,393
Corporate debt securities	220,326		327		(148)		220,505
U.S. Agency securities	61,020		20		(65)		60,975
U.S. Treasury securities	463,474		521		(140)		463,855
Total short-term investments	764,220		872		(364)		764,728
Level 2 total	800,649		880		(364)		801,165
Total cash equivalents and short-term investments	$	897,742	$	880	$	(364)	$	898,258

(1) Included in “cash and cash equivalents” in our consolidated balance sheet as of January 31, 2025, in addition to cash of $94.1 million.

	As of January 31, 2024
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Level 1:
Cash equivalents
Money market funds	$	187,175	$	—	$	—	$	187,175
Level 2:
Cash equivalents
U.S. Treasury securities	15,909		—		(2)		15,907
Commercial paper	3,962		—		(1)		3,961
Total cash equivalents (1)	207,046		—		(3)		207,043
Short-term investments
Commercial paper	23,229		14		(1)		23,242
Corporate debt securities	231,219		740		(250)		231,709
U.S. Agency securities	56,324		29		(136)		56,217
U.S. Treasury securities	437,369		141		(389)		437,121
Total short-term investments	748,141		924		(776)		748,289
Level 2 total	768,012		924		(779)		768,157
Total cash equivalents and short-term investments	$	955,187	$	924	$	(779)	$	955,332

(1) Included in “cash and cash equivalents” in our consolidated balance sheet as of January 31, 2024, in addition to cash of $81.0 million.

Schedule of Unrealized Losses Cash Equivalents and Short Term Investment

The following table summarizes unrealized losses on the Company’s cash equivalents and short-term investments aggregated by category and the length of time such aggregated investments have been in a continuous unrealized loss position as of the periods presented (in thousands):

	Less Than 12 Months				12 Months or Greater				Total
	Carrying Value		Gross Unrealized Losses		Carrying Value		Gross Unrealized Losses		Fair Value		Gross Unrealized Losses
January 31, 2025
U.S. Agency securities	$	48,445	$	(65)	$	—	$	—	$	48,445	$	(65)
Commercial paper	13,430		(11)		—		—		13,430		(11)
Corporate debt securities	72,022		(146)		5,988		(2)		78,010		(148)
U.S. Treasury securities	100,921		(140)		—		—		100,921		(140)
Total cash equivalents and short-term investments	$	234,818	$	(362)	$	5,988	$	(2)	$	240,806	$	(364)

	Less Than 12 Months				12 Months or Greater				Total
	Carrying Value		Gross Unrealized Losses		Carrying Value		Gross Unrealized Losses		Fair Value		Gross Unrealized Losses
January 31, 2024
U.S. Agency securities	$	35,979	$	(53)	$	11,386	$	(83)	$	47,365	$	(136)
Commercial paper	15,462		(2)		—		—		15,462		(2)
Corporate debt securities	85,998		(192)		15,485		(58)		101,483		(250)
U.S. Treasury securities	139,567		(192)		41,193		(199)		180,760		(391)
Total cash equivalents and short-term investments	$	277,006	$	(439)	$	68,064	$	(340)	$	345,070	$	(779)

Schedule of Short Term Investments by Contractual Maturity

The following table classifies the Company’s short-term investments by contractual maturities (in thousands):

	January 31, 2025				January 31, 2024
	Amortized cost		Fair Value		Amortized cost		Fair Value
Due within 1 year	$	590,193	$	590,832	$	619,286	$	618,765
Due between 1 year to 2 years	174,027		173,896		128,855		129,524
Total	$	764,220	$	764,728	$	748,141	$	748,289