v3.26.1
Segment Information
 3 Months Ended
Apr. 30, 2026
Segment Reporting [Abstract]  
Segment Information Segment information
Our CEO is the Chief Operating Decision Maker (“CODM”) of the Company. The Company manages the business activities on a consolidated basis and all information provided to and reviewed by our CODM is compiled at the consolidated entity level. Therefore, we have only one operating and reportable segment. The description of the types of products and services from which the reportable segment derives its revenue is the same as those described in the Summary of Business and Significant Accounting Policies.
The measure of segment profit or loss that our CODM uses to allocate resources and assess performance is our consolidated net income. The CODM uses net income to monitor results and to decide whether to reinvest profits. Our CODM does not assess segment performance or make decisions using asset or liability information.
The following table summarizes the significant segment expenses regularly provided to the CODM as well as other segment items:
Three Months Ended April 30,
20262025
(in thousands)
Revenue$1,239,006 $1,174,715 
Adjusted cost of revenue (1)
248,798 244,631 
Adjusted research and development (1)
153,112 127,079 
Adjusted sales and marketing (1)
265,240 271,799 
Adjusted general and administrative (1)
63,137 63,880 
Stock-based compensation expense178,953 201,569 
Interest income(70,283)(81,782)
Other segment items (2)
(131,571)31,774 
Provision for income taxes105,943 61,162 
Segment net income425,677 254,603 
Adjustments and reconciling items
— — 
Consolidated net income$425,677 $254,603 
(1) Excludes stock-based compensation expense and related payroll taxes, acquisition-related expenses, and litigation settlements, net.
(2) Includes payroll taxes related to stock-based compensation, acquisition-related expenses, litigation settlements, net, gains on strategic investments, net, and other income, net excluding interest income.