v3.26.1
Fair Value Measurements (Tables)
3 Months Ended
Apr. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of Fair Value of Assets and Liabilities Measured on Recurring Basis
The following table summarizes, for assets measured at fair value, the respective fair value and classification by level of input within the fair value hierarchy (in thousands):
As of April 30, 2026
Level 1Level 2Level 3Total
Current Assets
Cash equivalents
Money market funds$95,397 $— $— $95,397 
Commercial paper— 2,788 — 2,788 
Total cash equivalents$95,397 $2,788 $— $98,185 
Marketable securities
U.S. Treasury securities$141,387 $— $— $141,387 
Corporate bonds— 79,902 — 79,902 
U.S. agency bonds— 9,695 — 9,695 
Total marketable securities$141,387 $89,597 $— $230,984 
Total assets$236,784 $92,385 $— $329,169 
As of January 31, 2026
Level 1Level 2Level 3Total
Current Assets
Cash equivalents
Money market funds$67,786 $— $— $67,786 
U.S. Treasury securities4,450 — — 4,450 
Total cash equivalents$72,236 $— $— $72,236 
Marketable securities
U.S. Treasury securities$142,306 $— $— $142,306 
Commercial paper— 8,446 — 8,446 
Corporate bonds— 73,760 — 73,760 
U.S. agency bonds— 9,698 — 9,698 
Total marketable securities$142,306 $91,904 $— $234,210 
Total assets$214,542 $91,904 $— $306,446 
Schedule of Investments in Marketable Securities
The following table summarizes the Company's investments in marketable securities on the condensed consolidated balance sheets (in thousands):
As of April 30, 2026
Amortized
Cost
Gross
Unrealized
Gains
Gross Unrealized LossesEstimated
Fair Value
Current Assets
U.S. Treasury securities$141,269 $296 $(178)$141,387 
Corporate bonds79,886 197 (181)79,902 
U.S. agency bonds9,697 — (2)9,695 
Total marketable securities$230,852 $493 $(361)$230,984 

As of January 31, 2026
Amortized
Cost
Gross
Unrealized
Gains
Gross Unrealized Losses
Estimated
Fair Value
Current Assets
U.S. Treasury securities$141,589 $734 $(17)$142,306 
Commercial paper8,446 — — 8,446 
Corporate bonds73,338 422 — 73,760 
U.S. agency bonds9,696 — 9,698 
Total marketable securities$233,069 $1,158 $(17)$234,210 
Schedule of Contractual Maturities
The following table presents the contractual maturities of the Company’s marketable securities as of April 30, 2026 (in thousands):
As of April 30, 2026
Amortized CostEstimated Fair Value
Due within one year$89,155 $89,354 
Due within one to three years141,697 141,630 
Total$230,852 $230,984