Schedule of Summarized Unvested RSU Award Activity |
| | | | | | | | | | | | | Shares | | Weighted-Average Grant Date Fair Value | Balance as of January 31, 2025 | 6,043,723 | | | Granted | 4,023,155 | | $ | 33.13 | | Replacement awards issued in connection with acquisition | 1,888,172 | | $ | 36.52 | | Vested | (1,378,416) | | $ | 39.17 | | Forfeited | (373,683) | | $ | 37.66 | | Balance as of July 31, 2025 | 10,202,951 | | |
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Schedule of Stock-Based Compensation Expense |
The following table summarizes stock-based compensation expense, which was included in the consolidated statements of operations as follows (in thousands):
| | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended July 31, | | Six Months Ended July 31, | | 2025 | | 2024 | | 2025 | | 2024 | Cost of revenue | $ | 1,348 | | | $ | 1,078 | | | $ | 2,425 | | | $ | 2,042 | | Sales and marketing | 12,138 | | | 9,892 | | | 22,149 | | | 19,337 | | Research and development | 14,091 | | | 11,448 | | | 25,427 | | | 22,280 | | General and administrative | 11,972 | | | 7,404 | | | 19,947 | | | 14,441 | | Stock-based compensation, net of amounts capitalized | $ | 39,549 | | | $ | 29,822 | | | $ | 69,948 | | | $ | 58,100 | | Capitalized stock-based compensation expense | 478 | | | 645 | | | 1,051 | | | 1,242 | | Total stock-based compensation expense | $ | 40,027 | | | $ | 30,467 | | | $ | 70,999 | | | $ | 59,342 | |
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Schedule of Compensation Cost Not Yet Recognized |
As of July 31, 2025, total compensation cost not yet recognized related to unvested equity awards and the weighted-average remaining period over which these costs are expected to be realized were as follows:
| | | | | | | | | | | | | Stock Options | | Restricted Stock, RSUs, PSUs | Unrecognized compensation costs (in thousands) | $5,615 | | $257,042 | Weighted-average remaining recognition period (years) | 0.71 | | 2.55 |
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