v3.25.1
Stockholders’ Equity and Equity Incentive Plans (Tables)
3 Months Ended
Apr. 30, 2025
Equity [Abstract]  
Schedule of Stock Option Activity Under Equity Incentive Plan
A summary of stock option activity under our equity incentive plan and related information is as follows:
 Stock Options
Outstanding
Stock
Options
Weighted-
Average
Exercise
Price
Weighted-
Average
Remaining
Contractual
Life (Years)
Aggregate
Intrinsic
Value
(in thousands, except share, life, and per share data)
Balance as of January 31, 20252,394,918  $9.02 2.6$187,284 
Exercised(355,620) $2.68 $27,922 
Canceled/forfeited/expired(797) $94.87
Outstanding and exercisable as of April 30, 2025
2,038,501  $10.10 2.6$138,977 
Schedule of Restricted Stock Units (RSUs) Activity Under Equity Incentive Plan
A summary of RSU activity under our equity incentive plan and related information is as follows:
RSUs
RSUsWeighted-
Average
Grant Date Fair Value Per Share
Unvested as of January 31, 202523,870,513 $73.48 
Granted2,576,206 $72.15 
Vested(4,016,633)$75.24 
Canceled/forfeited(1,040,386)$72.04 
Unvested as of April 30, 202521,389,700 $73.10 
Schedule of Stock-based Compensation Expense
The stock-based compensation expense by line item in the accompanying condensed consolidated statements of operations is summarized as follows:
Three Months Ended April 30,
20252024
(in thousands)
Cost of revenue$27,427 $31,575 
Research and development72,936 82,569 
Sales and marketing68,433 77,234 
General and administrative32,773 38,047 
Total stock-based compensation expense$201,569 $229,425 
Benefit from income taxes(38,161)(43,474)
Total stock-based compensation expense recorded to net income$163,408 $185,951