Net Income (Loss) Per Share (Tables)

12 Months Ended

Jan. 31, 2025

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Net Loss Per Share

The following table presents the calculation of basic and diluted net income (loss) per share. Net income (loss) is reported in millions and rounded from amounts in thousands; as a result, net income (loss) per share may not recalculate exactly due to rounding.

	Year Ended January 31,
	2025				2024				2023
	Class A		Class B		Class A		Class B		Class A		Class B
	(dollars in millions, shares in thousands, except per share data)
Basic net income (loss) per share:
Numerator:
Net income (loss), basic	$	27	$	1	$	(339)	$	(16)	$	(778)	$	(37)
Denominator:
Weighted-average shares outstanding, basic	162,082		7,487		156,335		7,299		150,891		7,132
Net income (loss) per share, basic	$	0.16	$	0.16	$	(2.17)	$	(2.17)	$	(5.16)	$	(5.16)
Diluted net income (loss) per share:
Numerator:
Net income (loss)	$	27	$	1	$	(339)	$	(16)	$	(778)	$	(37)
Gain on extinguishment of debt, net of interest expense1	(17)		(1)		—		—		—		—
Net income (loss), diluted	$	10	$	—	$	(339)	$	(16)	$	(778)	$	(37)
Denominator:
Number of shares used in basic calculation	162,082		7,487		156,335		7,299		150,891		7,132
Weighted-average effect of diluted securities related to:
Employee share-based awards	1,832		2,942		—		—		—		—
Convertible senior notes	743		—		—		—		—		—
Assumed conversion of Class B to Class A common shares	10,429		—		—		—		—		—
Number of shares used in diluted calculation	175,086		10,429		156,335		7,299		150,891		7,132
Net income (loss) per share, diluted	$	0.06	$	0.06	$	(2.17)	$	(2.17)	$	(5.16)	$	(5.16)
1 Under the if-converted method, net income is adjusted to reflect the assumption that the convertible senior notes were converted at the beginning of the period.

Schedule of Potentially Dilutive Securities Excluded from Computation of Diluted Per Share

Potentially dilutive securities excluded because they would be anti-dilutive were as follows:

	Year Ended January 31,
	2025	2024	2023
	(shares in thousands)
Employee share-based awards	4,503	15,179	17,334
Convertible senior notes	4,170	5,473	11,485
Total	8,673	20,652	28,819