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Stockholders’ Deficit (Tables)
 3 Months Ended
Apr. 30, 2025
Equity [Abstract]  
Schedule of Reserved Shares of Common Stock
The Company has reserved shares of its common stock for future issuance as follows (in thousands):
April 30,January 31,
20252025
2014 Stock Option and Grant Plan:
Outstanding stock options9,373 9,570 
Outstanding restricted stock units14,609 18,039 
2024 Equity Incentive Plan:
Outstanding restricted stock units9,593 4,217 
Shares available for future issuance under the 2024 Plan62,210 57,591 
2024 Employee Stock Purchase Plan5,603 4,201 
Total shares of common stock reserved101,388 93,618 
Schedule of Stock Options Roll Forward
A summary of the stock option activity and related information is as follows:
Number of OptionsWeighted-
Average
Exercise Price		Weighted-
Average
Remaining
Contractual
Term (in years)		Aggregate
Intrinsic
Value (in
thousands)
Outstanding as of January 31, 20259,570,134 $27.80 8.2$435,133 
Granted— — 
Exercised(197,534)9.49 9,955 
Cancelled— — 
Outstanding as of April 30, 20259,372,600 $28.19 8.1$396,854 
Vested and exercisable as of April 30, 20252,659,733 $18.62 5.9$138,054 
Schedule of Nonvested Restricted Stock Units Activity
A summary of the RSU activity and related information is as follows:
Number of RSUsWeighted-Average
Grant Date Fair Value
Unvested as of January 31, 202522,215,749 $31.30 
Granted5,669,470 56.61 
Vested(2,979,973)25.12 
Forfeited(800,222)31.46 
Unvested as of April 30, 202524,105,024 38.01 
Vested and not yet released97,500 16.69 
Outstanding as of April 30, 202524,202,524 $37.92 
Summary of the Assumptions Used in Estimating Fair Value of ESPP
The Company estimated the fair value of ESPP purchase rights using a Black-Scholes option-pricing model with the following assumptions:
Three Months Ended April 30, 2025
Expected term (in years)
0.5 - 2.0
Expected volatility
59.0% - 64.7%
Risk-free interest rate
3.9% - 4.3%
Dividend yield—
Stock-Based Compensation Expense
Total stock-based compensation expense included in the Company’s condensed consolidated statements of operations was as follows (in thousands):
Three Months Ended April 30,
20252024
Cost of revenue
Subscription$3,968 $35,193 
Maintenance81 2,459 
Other776 11,247 
Research and development19,812 224,149 
Sales and marketing24,144 239,888 
General and administrative24,759 117,394 
Total stock-based compensation expense$73,540 $630,330