v3.25.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
May 03, 2025
Feb. 01, 2025
Current assets:    
Cash and cash equivalents $ 259,025 $ 227,576
Short-term investments 439,092 467,222
Accounts receivable, net 216,469 234,016
Inventories 37,881 38,911
Connected device costs, current 123,332 119,323
Prepaid expenses and other current assets 57,076 58,106
Total current assets 1,132,875 1,145,154
Restricted cash 21,861 18,218
Long-term investments 325,089 282,652
Property and equipment, net 62,148 58,151
Operating lease right-of-use assets 67,741 64,864
Connected device costs, non-current 244,910 242,928
Deferred commissions 215,786 209,341
Other assets, non-current 3,207 2,994
Total assets 2,073,617 2,024,302
Current liabilities:    
Accounts payable 22,309 64,017
Accrued expenses and other current liabilities 84,455 74,976
Accrued compensation and benefits 43,694 43,443
Deferred revenue, current 576,547 563,254
Operating lease liabilities, current 14,151 15,656
Total current liabilities 741,156 761,346
Deferred revenue, non-current 129,565 122,516
Operating lease liabilities, non-current 67,948 64,622
Other liabilities, non-current 7,374 6,622
Total liabilities 946,043 955,106
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Preferred stock, $0.0001 par value—400,000,000 shares authorized as of May 3, 2025 and February 1, 2025; zero shares issued and outstanding as of May 3, 2025 and February 1, 2025 0 0
Additional paid-in capital 2,758,992 2,680,012
Accumulated other comprehensive income (loss) 673 (846)
Accumulated deficit (1,632,126) (1,610,005)
Total stockholders’ equity 1,127,574 1,069,196
Total liabilities and stockholders’ equity 2,073,617 2,024,302
Common Class A    
Stockholders’ equity:    
Common stock 12 12
Common Class B    
Stockholders’ equity:    
Common stock 23 23
Common Class C    
Stockholders’ equity:    
Common stock $ 0 $ 0