v3.25.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jan. 31, 2026
Jan. 31, 2025
Current assets:    
Cash and cash equivalents $ 858 $ 409
Short-term investments 1,695 2,114
Accounts receivable, net 687 621
Deferred commissions 171 140
Prepaid expenses and other current assets 233 132
Total current assets 3,644 3,416
Property and equipment, net 38 43
Operating lease right-of-use assets 65 74
Deferred commissions, noncurrent 332 267
Intangible assets, net 91 138
Goodwill 5,487 5,448
Other assets 53 51
Total assets 9,710 9,437
Current liabilities:    
Accounts payable 12 13
Accrued expenses and other current liabilities 104 103
Accrued compensation 213 207
Convertible senior notes, net 350 509
Deferred revenue 1,875 1,691
Total current liabilities 2,554 2,523
Convertible senior notes, net, noncurrent 0 349
Operating lease liabilities, noncurrent 72 94
Deferred revenue, noncurrent 30 27
Other liabilities, noncurrent 55 39
Total liabilities 2,711 3,032
Commitments and contingencies (Note 10)
Stockholders’ equity:    
Preferred stock 0 0
Additional paid-in capital 9,553 9,219
Accumulated other comprehensive income (loss) 13 (12)
Accumulated deficit (2,567) (2,802)
Total stockholders’ equity 6,999 6,405
Total liabilities and stockholders’ equity 9,710 9,437
Class A Common Stock     
Stockholders’ equity:    
Common stock 0 0
Class B Common Stock     
Stockholders’ equity:    
Common stock $ 0 $ 0