v3.25.1
Balance Sheet Components
 3 Months Ended
Apr. 30, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Balance Sheet Components Balance Sheet Components
Accounts Receivable, Net
Accounts receivable are recorded for invoiced amounts and amounts for which revenue has been recognized, but not invoiced, net of allowances. Our short-term accounts receivable consist of the following:
As of
April 30, 2025January 31, 2025
(in thousands)
Accounts receivable, gross$500,653 $517,306 
Less: allowance for credit losses(18,285)(17,262)
Less: allowance for returns(5,126)(4,816)
Accounts receivable, net$477,242 $495,228 
Below is a rollforward of our allowance for credit losses for the three months ended April 30, 2025 and 2024:
20252024
 (in thousands)
Balance as of January 31$17,262 $25,916 
Provision for credit losses5,943 4,533 
Write-offs(4,920)(13,438)
Balance as of April 30
$18,285 $17,011 
Prepaid Expenses and Other Current Assets
Prepaid expenses and other current assets consisted of the following:
As of
April 30, 2025January 31, 2025
(in thousands)
Prepaid expenses$187,070 $166,924 
Restricted cash
18,025 12,037 
Other15,717 21,718 
Prepaid expenses and other current assets$220,812 $200,679 
Property and Equipment, Net
Property and equipment consisted of the following:
As of
April 30, 2025January 31, 2025
(in thousands)
Servers$425,988 $427,664 
Software133,009 123,259 
Computer and office equipment46,647 47,021 
Leasehold improvements55,814 54,885 
Furniture and fixtures 5,499 5,767 
Property and equipment, gross666,957 658,596 
Less: accumulated depreciation and amortization(354,746)(328,121)
Property and equipment, net$312,211 $330,475 
Depreciation and amortization expense was $32.0 million and $23.3 million for the three months ended April 30, 2025 and 2024, respectively.
Other Assets, Noncurrent
Other assets, noncurrent consisted of the following:
As of
April 30, 2025January 31, 2025
(in thousands)
Accounts receivable, noncurrent$20,281 $19,266 
Intangible assets subject to amortization, net30,121 33,410 
Indefinite-lived intangible assets25,239 25,239 
Prepaid expenses, noncurrent46,313 52,156 
Income tax receivable, noncurrent
16,730 12,230 
Other13,871 11,772 
Other assets, noncurrent$152,555 $154,073 
Accrued Expenses and Other Current Liabilities
Accrued expenses and other current liabilities consisted of the following:
As of
April 30, 2025January 31, 2025
(in thousands)
Accrued expenses$188,810 $200,416 
Accrued compensation and benefits119,860 193,110 
Income tax liabilities17,127 18,815 
Sales and other non-income tax liabilities38,523 41,755 
Customer deposit liabilities49,965 47,312 
Operating lease liabilities, current25,583 27,026 
Other34,083 30,128 
Accrued expenses and other current liabilities$473,951 $558,562 
Other Liabilities, Noncurrent
Other liabilities, noncurrent consisted of the following:
As of
April 30, 2025January 31, 2025
(in thousands)
Sales and other non-income tax liabilities$41,614 $41,517 
Long-term income tax liabilities
52,039 49,449 
Other6,423 4,397 
Other liabilities, noncurrent$100,076 $95,363