v3.26.1
Restructuring
3 Months Ended
Apr. 30, 2026
Restructuring and Related Activities [Abstract]  
Restructuring Restructuring
In the fourth quarter of fiscal 2025, the Company approved a restructuring plan (the “2025 Restructuring Plan”) intended to improve operational efficiencies and operating costs and better align the Company’s workforce with its business needs, top strategic priorities, and key growth opportunities. The 2025 Restructuring Plan involved a reduction of the Company’s workforce by approximately 5% globally.
As of April 30, 2025, the Company had recorded cumulative total restructuring charges of $6.7 million related to the 2025 Restructuring Plan, consisting of $6.0 million of severance and related charges and $0.7 million of stock-based compensation expense. During the three months ended April 30, 2025, the Company recorded restructuring charges of $2.2 million and settled substantially all restructuring liability, with $0.1 million reflected within accrued expenses and other current liabilities as of April 30, 2025.
The Company did not have material restructuring activity during the three months ended April 30, 2026.
Restructuring costs consist of the following activity for the periods presented (in thousands):
Three Months Ended April 30,
2025
Severance and related charges$2,387 
Stock-based compensation benefit
(170)
Total$2,217 
The restructuring costs are recognized in the condensed consolidated statement of operations for the periods presented (in thousands):
Three Months Ended April 30,
2025
Research and development$948 
Sales and marketing831 
General and administrative438 
Total$2,217