v3.26.1
Stock-Based Compensation (Tables)
3 Months Ended
Apr. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Summary of Stock Option Activity Under Equity Incentive Plans and Related Information

The following table summarizes the stock option activity under the equity incentive plans and related information:

 

 

 

Shares Subject to Options Outstanding

 

 

Weighted-Average

 

 

 

 

 

 

 

 

Weighted-Average

 

 

Remaining Contractual

 

Aggregate

 

 

 

Shares

 

 

Exercise Price

 

 

Life

 

Intrinsic Value

 

 

 

 

 

 

 

 

 

(in years)

 

(in thousands)

 

Balance as of January 31, 2026

 

 

929,352

 

 

$

17.94

 

 

 

2.02

 

$

6,854

 

Options exercised

 

 

(17,034

)

 

 

11.19

 

 

 

 

 

 

Balance as of April 30, 2026

 

 

912,318

 

 

$

18.06

 

 

 

1.81

 

$

5,693

 

Exercisable as of April 30, 2026

 

 

912,318

 

 

$

18.06

 

 

 

1.81

 

$

5,693

 

Summary of Restricted Stock Unit Activity Under Equity Incentive Plans and Related Information

The following table summarizes the restricted stock unit activity, inclusive of performance-based and market-based restricted stock units, under the equity incentive plans and related information:

 

 

 

Number of

 

 

Weighted-

 

 

 

Restricted

 

 

Average

 

 

 

Stock Units

 

 

Grant Date

 

 

 

Outstanding

 

 

Fair Value

 

Unvested balance - January 31, 2026

 

 

14,132,213

 

 

$

29.74

 

Granted

 

 

7,988,949

 

 

 

23.95

 

Vested

 

 

(2,450,658

)

 

 

27.52

 

Forfeited/cancelled

 

 

(569,950

)

 

 

29.32

 

Unvested balance - April 30, 2026

 

 

19,100,554

 

 

$

27.62

 

 

Summary of Components of Stock-Based Compensation Expense

The following table summarizes the components of stock-based compensation expense recognized in the condensed consolidated statements of operations (in thousands):

 

 

 

Three Months Ended

 

 

 

April 30,

 

 

 

2026

 

 

2025

 

Cost of revenue

 

$

5,940

 

 

$

4,832

 

Research and development

 

 

19,374

 

 

 

18,806

 

Sales and marketing

 

 

18,631

 

 

 

17,867

 

General and administrative

 

 

12,368

 

 

 

13,389

 

Total stock-based compensation

 

$

56,313

 

 

$

54,894