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Fair Value Measurement (Tables)
12 Months Ended
Jan. 31, 2025
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, 2025
Level 1Level 2
Level 3
Total
Financial Assets:
Money market funds$311,942 $— $— $311,942 
Total cash equivalents311,942 — — 311,942 
Treasury bills & U.S. government securities703,319 — — 703,319 
Corporate bonds— 94,025 — 94,025 
Commercial paper— 42,391 — 42,391 
Yankee bonds
— 4,700 — 4,700 
Total marketable securities703,319 141,116 — 844,435 
Other investments carried at fair value
— — 11,879 11,879 
Total$1,015,261 $141,116 $11,879 $1,168,256 
As of January 31, 2024
Level 1Level 2
Level 3
Total
Financial Assets:
Money market funds$509,053 $— $— $509,053 
Total cash equivalents509,053 — — 509,053 
Treasury bills and 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