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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Oct. 31, 2025
Oct. 31, 2024
Cash flows from operating activities    
Net income (loss) $ 177,868 $ (125,488)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 11,996 14,017
Amortization of deferred contract acquisition costs 71,096 62,951
Net accretion on marketable securities (9,047) (26,552)
Stock-based compensation expense 225,842 270,520
Charitable donation of Class A common stock 4,187 6,564
Non-cash operating lease expense 12,904 11,762
Benefit from deferred income taxes (187,310) (20,773)
Credit loss expense [1] 4,591 1,765
Other non-cash charges (credits), net 6,137 (1,822)
Changes in operating assets and liabilities:    
Accounts receivable 93,457 98,062
Contract assets (37,146) (32,179)
Deferred contract acquisition costs (65,617) (59,657)
Prepaid expenses and other assets (10,378) 10,228
Accounts payable (17,401) 14,954
Accrued expenses and other liabilities 36,027 11,230
Accrued compensation and employee benefits (28,846) (48,587)
Operating lease liabilities, net (7,452) (10,750)
Deferred revenue (92,048) (1,762)
Net cash provided by operating activities 188,860 174,483
Cash flows from investing activities    
Purchases of marketable securities (507,239) (1,162,243)
Maturities of marketable securities 585,081 1,176,776
Purchases of property and equipment (15,996) (7,531)
Payments related to business acquisition, net of cash acquired (24,821) 0
Other investing, net [1] (16,839) (35,809)
Net cash provided by (used in) investing activities 20,186 (28,807)
Cash flows from financing activities    
Repurchases of Class A common stock (329,101) (381,403)
Proceeds from exercise of stock options 967 934
Payments of tax withholdings on settlement of equity awards [1] (41,703) (60,384)
Proceeds from employee stock purchase plan contributions 11,864 12,893
Payment of deferred consideration related to business acquisition 0 (5,570)
Net cash used in financing activities (357,973) (433,530)
Effect of exchange rate changes 13,391 (194)
Net decrease in cash, cash equivalents, and restricted cash (135,536) (288,048)
Cash, cash equivalents, and restricted cash - beginning of period 879,634 1,062,116
Cash, cash equivalents, and restricted cash - end of period 744,098 774,068
Supplemental disclosure of cash flow information    
Cash paid for interest 0 309
Cash paid for income taxes, net 12,578 15,698
Supplemental disclosure of non-cash investing and financing activities    
Property and equipment purchases included in accounts payable 60 454
Deferred and contingent consideration recognized in connection with business acquisition 9,835 0
Tax withholdings on net settlement of restricted stock units, accrued but not yet paid $ 4,761 $ 4,293
[1]
(1) Prior period amounts have been expanded or aggregated to conform to current period presentation