Balance Sheet Components

3 Months Ended

Apr. 30, 2025

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Balance Sheet Components

Note 6 – Balance Sheet Components

Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consisted of the following (in thousands):

	April 30,		January 31,
	2025		2025
Prepaid expenses	$	68,209	$	77,857
Inventory, net	4,584		4,183
Contract assets, current	4,258		4,537
Other current assets	16,839		16,374
Total prepaid expenses and other current assets	$	93,890	$	102,951

Property and Equipment, Net

Property and equipment, net consisted of the following (in thousands):

	April 30,		January 31,
	2025		2025
Equipment	$	78,224	$	75,589
Capitalized internal-use software	41,164		36,132
Leasehold improvements	14,371		12,739
Furniture and fixtures	4,798		4,687
Total property and equipment, gross	138,557		129,147
Less: accumulated depreciation and amortization	(83,622)		(75,953)
Total property and equipment, net	$	54,935	$	53,194

Depreciation expense related to the Company’s property and equipment, which did not include amortization expense related to capitalized internal-use software, was $4.4 million and $4.5 million for the three months ended April 30, 2025 and 2024, respectively.

Amortization expense relating to capitalized internal-use software was $2.7 million and $1.8 million for the three months ended April 30, 2025 and 2024, respectively.

Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consisted of the following (in thousands):

	April 30,		January 31,
	2025		2025
Accrued expenses	$	31,205	$	30,983
Accrued bonuses	15,788		49,104
Accrued sales commissions	9,742		27,627
Accrued payroll-related expenses, taxes, and benefits	41,197		38,533
Operating lease liabilities	11,750		10,087
Other	2,830		6,268
Total accrued expenses and other current liabilities	$	112,512	$	162,602