v3.25.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Apr. 30, 2025
Jan. 31, 2025
Current assets    
Cash and cash equivalents $ 657,399 $ 648,623
Investments—current 291,293 314,924
Accounts receivable, net of allowance for doubtful accounts of $8,844 and $8,828 as of April 30, 2025 and January 31, 2025 307,597 429,582
Contract assets—current 9,585 13,764
Prepaid expenses and other current assets 111,204 82,368
Total current assets 1,377,078 1,489,261
Investments—noncurrent 160,139 134,105
Property and equipment, net 310,150 299,370
Operating lease right-of-use assets 115,412 109,630
Goodwill 455,276 454,477
Intangible assets, net 69,469 76,388
Deferred contract acquisition costs—noncurrent 461,969 467,201
Deferred tax assets—noncurrent 844,837 840,470
Other assets—noncurrent 153,073 141,803
Total assets 3,947,403 4,012,705
Current liabilities    
Accounts payable 24,583 30,697
Accrued expenses and other current liabilities 101,182 99,579
Accrued compensation 170,976 227,115
Contract liabilities—current 1,422,878 1,455,442
Operating lease liabilities—current 21,815 19,077
Total current liabilities 1,741,434 1,831,910
Contract liabilities—noncurrent 24,354 21,523
Operating lease liabilities—noncurrent 111,122 105,350
Deferred tax liability—noncurrent 22,381 20,596
Other liabilities—noncurrent 33,310 30,634
Total liabilities 1,932,601 2,010,013
Commitments and contingencies (Note 7)
Stockholders’ equity    
Preferred stock, $0.0001 par value; 10,000 shares authorized, 0 shares issued and outstanding as of April 30, 2025 and January 31, 2025 0 0
Common stock, $0.0001 par value; 500,000 shares authorized, 202,034 shares outstanding as of April 30, 2025; 500,000 shares authorized, 202,477 shares outstanding as of January 31, 2025 20 20
Treasury stock, at cost: 34 shares as of April 30, 2025; 30 shares as of January 31, 2025 (3,192) (2,871)
Additional paid-in capital 3,435,219 3,321,242
Accumulated other comprehensive loss (18,171) (28,376)
Accumulated deficit (1,399,074) (1,287,323)
Total stockholders’ equity 2,014,802 2,002,692
Total liabilities and equity $ 3,947,403 $ 4,012,705