v3.25.2
Property and Equipment, Net
6 Months Ended
Jul. 31, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
Property and equipment, net, consist of the following (in thousands):
July 31,
2025
January 31,
2025
Capitalized internal-use software$22,060 $19,144 
Computer equipment, office equipment, and software13,063 10,659 
Leasehold improvements21,625 20,945 
Furniture and fixtures8,707 8,364 
Total property and equipment65,455 59,112 
Less: accumulated depreciation and amortization(25,366)(20,562)
Total property and equipment, net$40,089 $38,550 
The total depreciation expense and amortization expense for property and equipment was $2.6 million and $2.4 million during the three months ended July 31, 2025 and 2024, respectively, and $5.3 million and $4.6 million during the six months ended July 31, 2025 and 2024, respectively.

In the three and six months ended July 31, 2025, the Company removed $0.6 million and $0.8 million, respectively, of fixed assets. The remaining movement relates to the impact of foreign currency exchange rate fluctuations.

During the three and six months ended July 31, 2024, the Company removed $0.2 million and $2.3 million, respectively, of fixed assets. In the three months ended July 31, 2024, the fixed assets removed had minimal net impact on the Company’s consolidated financial result. During the six months ended July 31, 2024, the fixed assets removed had a net book value of $0.3 million.

We capitalized internal-use software of $1.3 million and $1.7 million during the three months ended July 31, 2025 and 2024, respectively, and $2.9 million and $3.3 million during the six months ended July 31, 2025 and 2024, respectively. Amortization for capitalized internal-use software costs recognized within cost of revenue on the consolidated statements of operations was $1.1 million and $0.8 million for the three months ended July 31, 2025 and 2024, respectively, and $2.0 million and $1.5 million during the six months ended July 31, 2025 and 2024, respectively.