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Fair Value Measurement (Tables)
12 Months Ended
Jan. 31, 2024
Fair Value Disclosures [Abstract]  
Schedule of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis
The following tables present our financial assets and liabilities measured at fair value on a recurring basis (in thousands):
As of January 31, 2024
Level 1Level 2Total
Financial Assets:
Money market funds$509,053 $— $509,053 
Total cash equivalents509,053 — 509,053 
Treasury bills & U.S. government securities641,192 — 641,192 
Corporate bonds— 1,991 1,991 
Agency bonds174,962 — 174,962 
Total marketable securities816,154 1,991 818,145 
Total$1,325,207 $1,991 $1,327,198 
As of January 31, 2023
Level 1Level 2Total
Financial Assets:
Money market funds$319,801 $— $319,801 
Treasury bills9,968 — 9,968 
Total cash equivalents329,769 — 329,769 
Commercial paper— 62,470 62,470 
Treasury bills and U.S. government securities234,540 — 234,540 
Corporate bonds— 46,486 46,486 
Municipal bonds— 6,308 6,308 
Agency bonds7,912 — 7,912 
Total marketable securities242,452 115,264 357,716 
Total$572,221 $115,264 $687,485