The rights, including the liquidation and dividend rights, of the holders of Class A and Class B common stock are identical, except with respect to voting and conversion rights. As the liquidation and dividend rights are identical, the undistributed earnings are allocated on a proportionate basis to each class of common stock and the resulting basic and diluted net loss per share attributable to common stockholders are the same for both Class A and Class B common stock on both an individual and combined basis.

The following table sets forth the computation of basic and diluted net loss per share attributable to common stockholders (in thousands, except share and per share data):


	Year Ended January 31,
	2026		2025		2024
Net loss	$	(398,030)	$	(181,078)	$	(331,552)
Weighted-average shares outstanding used to compute net loss per share attributable to common stockholders, basic and diluted	97,795,703		45,271,666		44,583,919
Net loss per share attributable to common stockholders, basic and diluted	$	(4.07)	$	(4.00)	$	(7.44)

During the years ended January 31, 2026, 2025, and 2024, the Company was in a net loss position. As a result, basic net loss per share is the same as diluted net loss per share, as the inclusion of all potential shares of common stock outstanding would have been antidilutive. The potential shares of common stock that were excluded from the computation of diluted net loss per share attributable to

common stockholders for the periods presented because including them would have been antidilutive are as follows:


	As of January 31,
	2026	2025	2024
Redeemable convertible preferred shares	—	146,360,207	146,360,207
Stock options issued and outstanding	39,283,485	40,971,097	41,769,970
RSUs issued and outstanding	9,311,201	4,653,847	948,938
ESPP	819,987	—	—
Warrants to purchase redeemable convertible preferred stock	—	40,160	40,160
Shares of common stock subject to repurchase	5,284	49,761	133,332
Convertible notes	—	12,946,170	13,980,833
Total antidilutive securities	49,419,957	205,021,242	203,233,440