Accounts receivable are recorded for invoiced amounts and amounts for which revenue has been recognized, but not invoiced, net of allowances. Our short-term accounts receivable consist of the following:


	As of
	April 30, 2026		January 31, 2026

	(in thousands)
Accounts receivable, gross	$	486,935	$	515,687
Less: allowance for credit losses	(15,081)		(14,373)
Less: allowance for returns	(4,039)		(3,975)
Accounts receivable, net	$	467,815	$	497,339

The following table is a rollforward of our allowance for credit losses for the three months ended April 30, 2026 and 2025:




	2026		2025
	(in thousands)
Balance as of January 31	$	14,373	$	17,262
Provision for credit losses	3,157		5,943
Write-offs	(2,449)		(4,920)
Balance as of April 30	$	15,081	$	18,285


	As of
	April 30, 2026		January 31, 2026

	(in thousands)
Prepaid expenses	$	199,355	$	203,443

Restricted cash	39,941		10,904
Other	21,800		20,509
Prepaid expenses and other current assets	$	261,096	$	234,856


	As of
	April 30, 2026		January 31, 2026

	(in thousands)
Servers	$	384,796	$	386,702
Software	171,870		157,347
Computer and office equipment	44,543		45,944
Leasehold improvements	54,495		57,761
Furniture and fixtures	5,060		5,706
Property and equipment, gross	660,764		653,460
Less: accumulated depreciation and amortization	(407,957)		(388,935)
Property and equipment, net	$	252,807	$	264,525

Depreciation and amortization expense was $28.3 million and $32.0 million for the three months ended April 30, 2026 and 2025, respectively.


	As of
	April 30, 2026		January 31, 2026

	(in thousands)
Accounts receivable, noncurrent	$	2,227	$	2,375

Intangible assets subject to amortization, net	41,526		45,997
Indefinite-lived intangible assets	25,239		25,239
Prepaid expenses, noncurrent	30,172		35,000
Income tax receivable, noncurrent	28,776		24,276
Other	11,016		11,446
Other assets, noncurrent	$	138,956	$	144,333


	As of
	April 30, 2026		January 31, 2026

	(in thousands)

Accrued expenses	$	183,607	$	192,478
Accrued compensation and benefits	141,244		206,367
Income tax liabilities	17,386		18,947
Sales and other non-income tax liabilities	39,763		41,919
Customer deposit liabilities	58,561		56,734
Operating lease liabilities, current	28,289		27,765


Other	64,343		37,563
Accrued expenses and other current liabilities	$	533,193	$	581,773


	As of
	April 30, 2026		January 31, 2026

	(in thousands)
Sales and other non-income tax liabilities	$	39,353	$	40,184

Long-term income tax liabilities	65,978		62,771
Other	8,276		6,108
Other liabilities, noncurrent	$	113,607	$	109,063