Balance Sheet Components (Tables)
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3 Months Ended |
Apr. 30, 2025 |
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
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Schedule of Accounts Receivable |
Our short-term accounts receivable consist of the following: | | | | | | | | | | | | | As of | | April 30, 2025 | | January 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 | |
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Schedule of Allowance for Credit Loss |
Below is a rollforward of our allowance for credit losses for the three months ended April 30, 2025 and 2024: | | | | | | | | | | | | | | | | | | | | | 2025 | | 2024 | | (in thousands) | Balance as of January 31 | $ | 17,262 | | | $ | 25,916 | | Provision for credit losses | 5,943 | | | 4,533 | | Write-offs | (4,920) | | | (13,438) | | Balance as of April 30 | $ | 18,285 | | | $ | 17,011 | |
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Schedule of Prepaid Expenses and Other Current Assets |
Prepaid expenses and other current assets consisted of the following: | | | | | | | | | | | | | As of | | April 30, 2025 | | January 31, 2025 | | | | | | (in thousands) | Prepaid expenses | $ | 187,070 | | | $ | 166,924 | | | | | | Restricted cash | 18,025 | | | 12,037 | | Other | 15,717 | | | 21,718 | | Prepaid expenses and other current assets | $ | 220,812 | | | $ | 200,679 | |
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Schedule of Property and Equipment |
Property and equipment consisted of the following: | | | | | | | | | | | | | As of | | April 30, 2025 | | January 31, 2025 | | | | | | (in thousands) | Servers | $ | 425,988 | | | $ | 427,664 | | Software | 133,009 | | | 123,259 | | Computer and office equipment | 46,647 | | | 47,021 | | Leasehold improvements | 55,814 | | | 54,885 | | Furniture and fixtures | 5,499 | | | 5,767 | | Property and equipment, gross | 666,957 | | | 658,596 | | Less: accumulated depreciation and amortization | (354,746) | | | (328,121) | | Property and equipment, net | $ | 312,211 | | | $ | 330,475 | |
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Schedule of Other Assets, Noncurrent |
Other assets, noncurrent consisted of the following: | | | | | | | | | | | | | As of | | April 30, 2025 | | January 31, 2025 | | | | | | (in thousands) | Accounts receivable, noncurrent | $ | 20,281 | | | $ | 19,266 | | | | | | Intangible assets subject to amortization, net | 30,121 | | | 33,410 | | Indefinite-lived intangible assets | 25,239 | | | 25,239 | | Prepaid expenses, noncurrent | 46,313 | | | 52,156 | | Income tax receivable, noncurrent | 16,730 | | | 12,230 | | Other | 13,871 | | | 11,772 | | Other assets, noncurrent | $ | 152,555 | | | $ | 154,073 | |
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Schedule of Accrued Expenses and Other Current Liabilities |
Accrued expenses and other current liabilities consisted of the following: | | | | | | | | | | | | | As of | | April 30, 2025 | | January 31, 2025 | | | | | | (in thousands) | | | | | Accrued expenses | $ | 188,810 | | | $ | 200,416 | | Accrued compensation and benefits | 119,860 | | | 193,110 | | Income tax liabilities | 17,127 | | | 18,815 | | Sales and other non-income tax liabilities | 38,523 | | | 41,755 | | Customer deposit liabilities | 49,965 | | | 47,312 | | Operating lease liabilities, current | 25,583 | | | 27,026 | | | | | | | | | | Other | 34,083 | | | 30,128 | | Accrued expenses and other current liabilities | $ | 473,951 | | | $ | 558,562 | |
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Schedule of Other Liabilities, Noncurrent |
Other liabilities, noncurrent consisted of the following: | | | | | | | | | | | | | As of | | April 30, 2025 | | January 31, 2025 | | | | | | (in thousands) | Sales and other non-income tax liabilities | $ | 41,614 | | | $ | 41,517 | | | | | | Long-term income tax liabilities | 52,039 | | | 49,449 | | Other | 6,423 | | | 4,397 | | Other liabilities, noncurrent | $ | 100,076 | | | $ | 95,363 | |
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