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Income Taxes (Tables)
 12 Months Ended
Apr. 30, 2025
Income Tax Disclosure [Abstract]  
Summary of Geographical Breakdown of Income (Loss) Before Provision for Income Taxes The geographical breakdown of loss before provision for (benefit from) income taxes is summarized as follows (in thousands):
Year Ended April 30,
202520242023
Dutch$(135,145)$(233,089)$(283,010)
Foreign103,576 110,333 66,133 
Loss before income taxes$(31,569)$(122,756)$(216,877)
Summary of Provision for (Benefit from) Income Taxes
The components of the provision for (benefit from) income taxes were as follows (in thousands):
Year Ended April 30,
202520242023
Current:
Dutch$5,815 $4,297 $2,910 
Foreign15,540 24,558 17,042 
Total current tax expense21,355 28,855 19,952 
Deferred:
Dutch448 43 (71)
Foreign54,742 (213,374)(597)
Total deferred tax expense (income)55,190 (213,331)(668)
Total provision for (benefit from) income taxes
$76,545 $(184,476)$19,284 
Summary of Reconciliation of Income Taxes Statutory Income Tax Rate to Provision for Income Taxes A reconciliation of income taxes at the statutory income tax rate to the provision for (benefit from) income taxes included in the consolidated statements of operations is as follows (in thousands, except for rates):
Year Ended April 30,
202520242023
Tax
Rate
Tax
Rate
Tax
Rate
Dutch statutory income tax$(8,145)25.8 %$(31,671)25.8 %$(55,954)25.8 %
Foreign income taxed at different rates(5,561)17.6 %(2,406)2.0 %(1,305)0.6 %
Tax credits(13,508)42.8 %(10,149)8.3 %(7,349)3.4 %
Stock-based compensation(9,282)29.4 %(10,296)8.4 %5,018 (2.3)%
Change in valuation allowance48,539 (153.8)%(186,166)151.6 %69,271 (31.9)%
Intellectual property migration
610 (1.9)%7,353 (6.0)%— — %
BEAT waiver election
45,321 (143.6)%40,141 (32.7)%— — %
Foreign-Derived Intangible Income (“FDII”) exclusion
(2,241)7.1 %(2,328)1.9 %— — %
Executive compensation
6,523 (20.7)%4,091 (3.3)%— — %
Foreign withholding taxes2,701 (8.6)%2,864 (2.3)%3,201 (1.5)%
State taxes
6,867 (21.8)%1,866 (1.5)%455 (0.2)%
Unrecognized tax benefit
6,713 (21.3)%1,406 (1.1)%1,414 (0.7)%
Tax credit add-back
1,215 (3.8)%950 (0.8)%809 (0.4)%
Meals and entertainment
598 (1.9)%566 (0.5)%454 (0.2)%
Prior-year true-ups
(3,680)11.7 %(846)0.7 %11 — %
Other(125)0.5 %149 (0.2)%3,259 (1.5)%
Provision for (benefit from) income taxes
$76,545 (242.5)%$(184,476)150.3 %$19,284 (8.9)%
Summary of Components of Deferred Tax Assets
Significant components of the Company’s deferred tax assets and liabilities are summarized as follows (in thousands):
As of April 30,
20252024
Deferred tax assets:
Accrued compensation$5,837 $5,324 
Net operating loss carryforwards
537,912 547,590 
Intangible assets
5,641 5,768 
Deferred revenue7,478 8,057 
Stock-based compensation20,613 18,858 
Tax credits32,271 31,373 
Disallowed interest expense13,183 12,380 
Lease liabilities4,727 3,706 
Other11,018 6,657 
Gross deferred tax assets638,680 639,713 
Less valuation allowance(437,497)(386,882)
Total deferred tax assets201,183 252,831 
Deferred tax liabilities:
Deferred contract acquisition costs(38,629)(37,005)
Right of use assets(4,133)(2,546)
Gross deferred tax liabilities(42,762)(39,551)
Net deferred tax assets
$158,421 $213,280 
Summary of Unrecognized Gross Tax Benefits The activity within the Company’s unrecognized tax benefits is summarized as follows (in thousands):
As of April 30,
202520242023
Balance as of beginning of year$22,691 $18,157 $16,622 
Increase (decrease) related to tax positions taken in prior periods1,553 1,201 (1,050)
Increase related to tax positions taken in the current period5,381 3,333 2,585 
Balance as of end of year$29,625 $22,691 $18,157