v3.25.1
Segment Information
 3 Months Ended
Apr. 30, 2025
Segment Reporting [Abstract]  
Segment Information Segment information
Our CEO is the Chief Operating Decision Maker (“CODM”) of the Company. The Company manages the business activities on a consolidated basis and all information provided to and reviewed by our CODM is compiled at the consolidated entity level. Therefore, we have only one operating and reportable segment. The description of the types of products and services from which the reportable segment derives its revenue is the same as those described in the Summary of Business and Significant Accounting Policies.
The measure of segment profit or loss that our CODM uses to allocate resources and assess performance is our consolidated net income. The CODM uses net income to monitor results and to decide whether to reinvest profits. Our CODM does not assess segment performance or make decisions using asset or liability information.
The following table summarizes the significant segment expenses regularly provided to the CODM as well as other segment items:
Three Months Ended April 30,
20252024
(in thousands)
Revenue$1,174,715 $1,141,234 
Adjusted cost of revenue (1)
244,631 236,138 
Adjusted research and development (1)
127,079 116,720 
Adjusted sales and marketing (1)
271,799 264,582 
Adjusted general and administrative (1)
63,880 67,197 
Stock-based compensation expense201,569 229,425 
Interest income(81,782)(77,987)
Other segment items (2)
31,774 13,195 
Provision for income taxes61,162 75,656 
Segment net income254,603 216,308 
Adjustments and reconciling items
— — 
Consolidated net income$254,603 $216,308 
(1) Excludes stock-based compensation expense and related payroll taxes, acquisition-related expenses, and litigation settlements, net
(2) Includes stock-based compensation related payroll taxes, acquisition-related expenses, litigation settlements, net, gains on strategic investments, net, and other income, net excluding interest income