v3.26.1
Net Income per Share Attributable to Common Stockholders (Tables)
3 Months Ended
Apr. 30, 2026
Earnings Per Share [Abstract]  
Summary of Computation of Basic and Diluted Net Income Per Share Attributable to Common Stockholders

The following table sets forth the computation of basic and diluted net income per share attributable to common stockholders (in thousands, except per share amounts):

 

 

 

Three Months Ended

 

 

 

April 30,

 

 

 

2026

 

 

2025

 

Numerator:

 

 

 

 

 

 

Net income

 

$

17,726

 

 

$

8,194

 

Accretion and dividend on series A convertible preferred stock

 

 

(4,230

)

 

 

(4,228

)

Undistributed earnings attributable to preferred stockholders

 

 

(1,587

)

 

 

(451

)

Net income attributable to common stockholders, basic and diluted

 

$

11,909

 

 

$

3,515

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

Weighted-average number of shares used to compute net income per share attributable to common stockholders, basic

 

 

139,150

 

 

 

144,434

 

Dilutive effect of awards issued under employee equity plans

 

 

989

 

 

 

3,664

 

Dilutive effect of shares related to convertible senior notes

 

 

 

 

 

1,516

 

Weighted-average number of shares used to compute net income per share attributable to common stockholders, diluted

 

 

140,139

 

 

 

149,614

 

 

 

 

 

 

 

 

Net income per share attributable to common stockholders, basic

 

$

0.09

 

 

$

0.02

 

Net income per share attributable to common stockholders, diluted

 

$

0.08

 

 

$

0.02

 

Summary of Weighted Average Outstanding Shares Excluded from Computation of Diluted Net Income per Share Attributable to Common Stockholders

The following weighted-average outstanding shares of common stock equivalents were excluded from the computation of diluted net income per share attributable to common stockholders for the periods presented because the impact of including them would have been antidilutive (in thousands):

 

 

 

Three Months Ended

 

 

 

April 30,

 

 

 

2026

 

 

2025

 

Options to purchase common stock

 

 

25

 

 

 

 

Restricted stock units

 

 

9,617

 

 

 

96

 

Employee stock purchase plan

 

 

1,755

 

 

 

200

 

Shares related to convertible preferred stock

 

 

18,566

 

 

 

18,539

 

Total

 

 

29,963

 

 

 

18,835