v3.26.1
REVENUE (Tables)
12 Months Ended
Jan. 31, 2026
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
Revenue consists of the following (in thousands):
Year Ended January 31,
202620252024
Usage-based revenue
$
640,396 
$
490,356 
$
371,728 
Subscription revenue
61,869 
46,481 
30,528 
Total revenue
$
702,265 
$
536,837 
$
402,256 
Revenue from External Customers by Geographic Areas
The following table summarizes revenue by region based on the billing country of customers (in thousands, except percentages):
Year Ended January 31,
2026
2025
2024
Amount
Percentage of Revenue
Amount
Percentage of Revenue
Amount
Percentage of Revenue
United States
$
435,828 
62 
%
$
315,807 
59 
%
$
217,427 
54 
%
United Kingdom
145,936 
21 
%
129,412 
24 
%
115,234 
29 
%
Rest of World(1)
120,501 
17 
%
91,618 
17 
%
69,595 
17 
%
Total revenue
$
702,265 
100 
%
$
536,837 
100 
%
$
402,256 
100 
%
________________
(1)No individual country within Rest of World comprises more than 10% of total revenue.
Accounts Receivable, Allowance for Credit Loss
The following table summarizes the allowance for expected credit losses for the years ended January 31, 2026, 2025 and 2024 (in thousands):
Year Ended January 31,
202620252024
Balance at beginning of period
$5,135 $4,270 2,270 
Provision for expected credit losses
5,888 3,764 4,488 
Amounts written off, recoveries and other adjustments(4,561)(2,899)(2,488)
Balance at end of period
$6,462 $5,135 4,270 
Contract with Customer, Asset, Allowance for Credit Loss The following table summarizes the corporate card receivables allowance for expected credit losses for the years ended January 31, 2026, 2025 and 2024 (in thousands):
Year Ended January 31,
202620252024
Balance at beginning of period
$380 $566 $595 
Provision for expected credit losses
3,196 2,296 3,332 
Amounts written off, recoveries and other adjustments(1,077)(2,482)(3,361)
Balance at end of period
$2,499 $380 $566