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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jul. 31, 2026
Jul. 31, 2025
Cash flows from operating activities    
Net loss $ (125,034) $ (197,864)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization expense 106,736 104,531
Amortization and write-off of debt issuance costs 272 17,120
Amortization of contract acquisition costs 28,598 17,484
Adjustments to contingent consideration 0 1,609
Provision for credit losses 2,421 4,346
Equity-based compensation expense, net of amounts capitalized 137,426 154,061
Deferred taxes (22,448) (58,908)
Other 57 0
Net changes in operating assets and liabilities, net of acquisitions    
Accounts receivable 57,467 46,275
Contract acquisition costs (66,144) (26,623)
Contract assets (7,942) (13,679)
Prepayments and other current assets (15,310) (21,241)
Other non-current assets (382) 468
Operating leases, net (67) 314
Accounts payable 7,591 (7)
Accrued expenses and other liabilities (8,192) (74,911)
Deferred revenue (11,845) 163
Net cash provided by (used in) operating activities 83,204 (46,862)
Cash flows from investing activities    
Purchase of property and equipment (2,903) (3,153)
Capitalized software development costs (10,372) (4,731)
Business acquisitions, net of cash acquired (118,225) 0
Net cash used in investing activities (131,500) (7,884)
Cash flows from financing activities    
Proceeds from IPO, net of underwriting discounts and commissions 0 1,259,681
Repayment of Term Loans 0 (1,040,000)
Payment of debt issuance costs 0 (2,716)
Payments of deferred offering costs, net 0 (8,618)
Payments related to holdback and contingent consideration 0 (675)
Net cash provided by financing activities 0 207,672
Net change in cash, cash equivalents and restricted cash (48,296) 152,926
Cash, cash equivalents and restricted cash, beginning of period 361,386 124,390
Cash, cash equivalents and restricted cash, end of period 313,090 277,316
Supplemental cash flow information:    
Interest 258 36,746
Income taxes, net of refunds 5,902 3,312
Operating cash flows from operating leases 3,411 3,139
Supplemental disclosure of noncash investing and financing activities:    
Effect of Corporate Conversion 0 11,449,672
Adjustment to reflect the redemption value of the redeemable convertible units 0 253,531
Capitalized equity-based compensation included in property and equipment, net 2,985 812
Operating lease right of use assets obtained in exchange for lease liabilities 4,754 0
Reconciliation of cash, cash equivalents and restricted cash from the condensed consolidated balance sheets to the condensed consolidated statements of cash flows:    
Cash and cash equivalents 309,850 271,052
Restricted cash within prepayments and other current assets 3,240 6,264
Total cash, cash equivalents, and restricted cash in the consolidated statements of cash flows $ 313,090 $ 277,316