v3.25.2
Related Party Transactions
6 Months Ended
Jul. 31, 2025
Related Party Transactions [Abstract]  
Related Party Transactions Related Party Transactions
As of July 31, 2025 and January 31, 2025, Google held 31,942,641 shares of the Company’s Class A common stock, and, as such, owned greater than 10% of outstanding shares of the Company’s Class A common stock.
In July 2023, the Company and Google entered into a one year content license agreement pursuant to which the Company agreed to license content to Google and provide certain of its products and services in exchange for a $1.0 million fee. The agreement does not include extension or renewal terms. In August 2024, the content license agreement was amended to extend the term until November 2024 in exchange for a $0.3 million fee. For the three and six months ended July 31, 2024, the Company recognized immaterial revenue related to the content license agreement.
The Company purchases hosting and other services from Google, of which $11.6 million and $10.6 million is deferred as of July 31, 2025 and January 31, 2025, respectively. The Company recorded $5.9 million of expense during the three months ended July 31, 2025 relating to hosting and other services provided by Google, of which $5.3 million was classified as cost of revenue and $0.6 million was classified as research and development. The Company recorded $12.6 million of expense during the six months ended July 31, 2025 relating to hosting and other services provided by Google, of which $11.4 million was classified as cost of revenue and $1.2 million was classified as research and development.
The Company recorded $7.5 million of expense during the three months ended July 31, 2024 relating to hosting and other services provided by Google, of which $6.8 million was classified as cost of revenue and $0.7 million was classified as research and development. The Company recorded $14.5 million of expense during the six months ended July 31, 2024 relating to hosting and other services provided by Google, of which $13.0 million was classified as cost of revenue and $1.5 million was classified as research and development.
As of July 31, 2025 and January 31, 2025, the Company’s accrued and other current liabilities balance included $2.4 million related to hosting and other services provided by Google. As of July 31, 2025, the Company’s accounts payable balance included $2.2 million related to hosting and other services provided by Google.
On June 28, 2021, the Company amended the terms of its hosting agreement with Google. The amendment, among other things, increased the aggregate purchase commitments to $193.0 million. The amended agreement commenced on August 1, 2021 and extends through January 31, 2028. See Note 9, Commitments and Contingencies, for future Google hosting purchase commitments, including the amended commitments, as of July 31, 2025.