Fair Value Measurements (Tables)

12 Months Ended

Apr. 30, 2023

Fair Value Disclosures [Abstract]

Schedule of Assets Measured at Fair Value on Recurring Basis

The following table summarizes assets that are measured at fair value on a recurring basis as of April 30, 2023 (in thousands):

	Level 1		Level 2		Level 3		Total
Financial Assets:
Cash and cash equivalents:
Money market funds	$	194,261	$	—	$	—	$	194,261
U.S. agency securities	—		27,406		—		27,406
Certificates of deposit	—		21,750		—		21,750
Commercial paper	—		60,750		—		60,750
Total included in cash and cash equivalents	194,261		109,906		—		304,167
Marketable Securities:
Certificates of deposit	—		31,645		—		31,645
Commercial paper	—		33,735		—		33,735
U.S. treasury securities	47,627		—		—		47,627
Corporate debt securities	—		118,228		—		118,228
U.S. agency bonds	—		39,806		—		39,806
Total marketable securities	47,627		223,414		—		271,041
Total financial assets	$	241,888	$	333,320	$	—	$	575,208

The following table summarizes assets that are measured at fair value on a recurring basis as of April 30, 2022 (in thousands):

	Level 1		Level 2		Level 3		Total
Financial Assets:
Cash and cash equivalents:
Money market funds	$	559,462	$	—	$	—	$	559,462

The fair values of available-for-sale securities, by remaining contractual maturity, are as follows (in thousands):

	As of April 30, 2023
Due within 1 year	$	168,264
Due between 1 year and 3 years	102,777
Total marketable securities	$	271,041