v3.26.1
Leases
3 Months Ended
Apr. 30, 2026
Leases [Abstract]  
Leases Leases
The Company leases real estate facilities under non-cancelable operating leases with various expiration dates through fiscal 2034. The Company has no lease agreements that are classified as finance leases.
Future minimum lease payments under non-cancelable operating leases with initial lease terms in excess of one year included in the Company’s total operating lease liabilities as of April 30, 2026 are as follows (in thousands):
Fiscal year ending January 31,Operating Lease Payments
Remainder of fiscal year 2027$32,987 
202843,223 
202938,934 
203035,146 
2031 and thereafter136,340 
Total undiscounted operating lease payments$286,630 
Less: imputed interest(76,687)
Total operating lease liabilities$209,943 
As of April 30, 2026, the Company has a commitment of $22.5 million for operating leases that have not yet commenced, and therefore are not included in the ROU asset or operating lease liabilities. The foregoing operating leases expire between fiscal 2033 and fiscal 2037.
The Company has subleased certain office spaces to third parties and has classified the subleases as operating leases. The subleases have lease terms ranging from four to five years. Sublease income was $1.2 million for the three months ended April 30, 2026 and $0.6 million for the three months ended April 30, 2025. The Company recognizes sublease income as a reduction of lease expense in the Company’s condensed consolidated statements of operations.
Operating lease amounts in the table above do not include sublease payments to be received of $16.1 million. As of April 30, 2026, the future total minimum sublease payments to be received were as follows (in thousands):
Fiscal year ending January 31,Sublease Payments to be Received
Remainder of fiscal year 2027$4,372 
20285,524 
20294,620 
20301,628 
Total sublease payments to be received$16,144 
Leases Leases
The Company leases real estate facilities under non-cancelable operating leases with various expiration dates through fiscal 2034. The Company has no lease agreements that are classified as finance leases.
Future minimum lease payments under non-cancelable operating leases with initial lease terms in excess of one year included in the Company’s total operating lease liabilities as of April 30, 2026 are as follows (in thousands):
Fiscal year ending January 31,Operating Lease Payments
Remainder of fiscal year 2027$32,987 
202843,223 
202938,934 
203035,146 
2031 and thereafter136,340 
Total undiscounted operating lease payments$286,630 
Less: imputed interest(76,687)
Total operating lease liabilities$209,943 
As of April 30, 2026, the Company has a commitment of $22.5 million for operating leases that have not yet commenced, and therefore are not included in the ROU asset or operating lease liabilities. The foregoing operating leases expire between fiscal 2033 and fiscal 2037.
The Company has subleased certain office spaces to third parties and has classified the subleases as operating leases. The subleases have lease terms ranging from four to five years. Sublease income was $1.2 million for the three months ended April 30, 2026 and $0.6 million for the three months ended April 30, 2025. The Company recognizes sublease income as a reduction of lease expense in the Company’s condensed consolidated statements of operations.
Operating lease amounts in the table above do not include sublease payments to be received of $16.1 million. As of April 30, 2026, the future total minimum sublease payments to be received were as follows (in thousands):
Fiscal year ending January 31,Sublease Payments to be Received
Remainder of fiscal year 2027$4,372 
20285,524 
20294,620 
20301,628 
Total sublease payments to be received$16,144