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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 31, 2025
Jan. 31, 2024
Current assets    
Cash and cash equivalents $ 186,331 $ 130,031
Short-term investments 518,813 149,220
Accounts receivable, net of allowances of $499 and $247 177,627 133,544
Deferred commissions 91,919 72,057
Prepaid expenses and other current assets 102,951 63,861
Total current assets 1,077,641 548,713
Noncurrent assets    
Property and equipment, net 53,194 47,873
Deferred commissions, noncurrent 132,465 113,814
Goodwill 100,343 100,343
Other assets, noncurrent 59,331 62,867
Total assets 1,422,974 873,610
Current liabilities    
Accounts payable 10,439 6,867
Accrued expenses and other current liabilities 162,602 122,934
Deferred revenue 777,135 526,480
Total current liabilities 950,176 656,281
Deferred revenue, noncurrent 642,370 579,781
Other liabilities, noncurrent 61,821 55,050
Debt, noncurrent 322,341 287,042
Total liabilities 1,976,708 1,578,154
Commitments and contingencies (Note 9)
Redeemable convertible preferred stock, $0.000025 par value – zero and $74,182,559 shares authorized as of January 31, 2025 and 2024, respectively; zero and $74,182,559 shares issued and outstanding as of January 31, 2025 and 2024, respectively; liquidation preference of zero and $715,100 as of January 31, 2025 and 2024, respectively 0 714,713
Stockholders’ deficit    
Preferred stock, $0.000025 par value – $20,000,000 and zero shares authorized as of January 31, 2025 and 2024, respectively; zero shares issued and outstanding as of January 31, 2025 and 2024, respectively 0  
Convertible founders stock, $0.000125 par value – zero and $5,400,000 shares authorized as of January 31, 2025 and 2024, respectively; zero and $5,400,000 shares issued and outstanding as of January 31, 2025 and 2024, respectively   0
Additional paid-in capital 2,291,829 265,494
Accumulated other comprehensive loss (8,235) (2,239)
Accumulated deficit (2,837,333) (1,682,513)
Total stockholders’ deficit (553,734) (1,419,257)
Total liabilities, redeemable convertible preferred stock and stockholders’ deficit 1,422,974 873,610
Common stock    
Stockholders’ deficit    
Common stock   $ 1
Class A common stock    
Stockholders’ deficit    
Common stock 3  
Class B common stock    
Stockholders’ deficit    
Common stock $ 2