v3.26.1
Revenue Recognition
 3 Months Ended
Apr. 30, 2026
Revenue from Contract with Customer [Abstract]  
Revenue Recognition Revenue Recognition
Disaggregation of Revenue
The following table summarizes revenue by region based on the billing address of customers:
Three Months Ended April 30,
20262025
AmountPercentage of
Revenue		AmountPercentage of
Revenue
(in thousands, except percentages)
Americas$893,572 72.1 %$847,696 72.2 %
Asia Pacific (“APAC”)
150,510 12.1 141,770 12.1 
Europe, Middle East, and Africa (“EMEA”)
194,924 15.8 185,249 15.7 
Total$1,239,006 100.0 %$1,174,715 100.0 %
Contract Balances
We receive payments from customers based on a billing schedule as established in our customer contracts. Accounts receivable are recorded when we contractually have the right to consideration. In some arrangements, a right to consideration for our performance under the customer contract may occur before invoicing to the customer, resulting in an unbilled accounts receivable. The amount of unbilled accounts receivable included within accounts receivable, net was $87.8 million and $84.9 million as of April 30, 2026 and January 31, 2026, respectively.
Contract liabilities consist of deferred revenue. Revenue is deferred when we have the right to invoice in advance of performance under a customer contract. The current portion of deferred revenue balances is recognized over the next 12 months. Revenue recognized from amounts included in deferred revenue at the beginning of each period totaled $656.3 million and $624.1 million for the three months ended April 30, 2026 and 2025, respectively.
Remaining Performance Obligations
The terms of our subscription agreements are monthly, annual, and multiyear, and we may bill for the full term in advance or on an annual, quarterly, or monthly basis, depending on the billing terms with customers. As of April 30, 2026, the aggregate amount of the transaction price allocated to our remaining performance obligations was $4,298.6 million, which consists of both billed consideration in the amount of $1,493.4 million and unbilled consideration in the amount of $2,805.2 million that we expect to recognize as revenue. We expect to recognize 58% of our remaining performance obligations as revenue over the next 12 months and the remainder thereafter.