Stockholders' Equity (Tables)
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3 Months Ended |
Apr. 30, 2026 |
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| Share-Based Payment Arrangement [Abstract] |
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| Schedule of Stock Options Activity |
Option activity under the Company’s combined stock plans is set forth below (in thousands, except years and per share data): | | | | | | | | | | | | | | | | | | | | | | | | | Number of Shares | | Weighted- Average Exercise Price Per Share | | Weighted-
Average
Remaining
Contractual Term
(in years) | | Aggregate Intrinsic Value | | Balances at January 31, 2026 | 4,356 | | | $ | 3.69 | | | 2.8 | | $ | 28,562 | | | Stock options granted | — | | | — | | | | | | | Stock options exercised | (280) | | | 2.45 | | | | | | | Stock options cancelled | — | | | — | | | | | | | Balances at April 30, 2026 | 4,076 | | | $ | 3.78 | | | 2.6 | | $ | 11,388 | | | Vested and exercisable at April 30, 2026 | 3,990 | | | $ | 3.81 | | | 2.6 | | $ | 11,031 | | | Vested and expected to vest at April 30, 2026 | 4,076 | | | $ | 3.78 | | | 2.6 | | $ | 11,388 | |
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| Schedule of Total Intrinsic Value of Options |
The total intrinsic value of stock options exercised during the periods presented were as follows: | | | | | | | | | | | | | | | | | Three Months Ended April 30, | | | | 2026 | | 2025 | | | | | | Aggregate intrinsic value of stock options exercised (in thousands) | $ | 1,394 | | | $ | 4,583 | | | | | |
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| Schedule of RSU Activity |
The Company’s RSU activity is set forth below (in thousands, except per share data): | | | | | | | | | | | | | | | | | | | Number of Shares | | Weighted- Average Grant Date Fair Value Per Share | | Aggregate Intrinsic Value | | Unvested RSUs at January 31, 2026 | 12,631 | | | $ | 17.06 | | | $ | 129,468 | | | RSUs granted | 1,928 | | | 7.36 | | | | | RSUs vested | (2,184) | | | 16.99 | | | | | RSUs cancelled/forfeited | (2,168) | | | 15.40 | | | | | Unvested RSUs at April 30, 2026 | 10,207 | | | $ | 15.59 | | | $ | 64,508 | | | RSUs vested, not yet released at April 30, 2026 | 193 | | | $ | 42.83 | | | |
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| Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions |
The following assumptions were used to calculate the fair value of the Market-Based Awards granted during the three months ended April 30, 2026: | | | | | | | | | | | | | April 30, 2026 | | | | Risk-free interest rate | 3.6 | % | | | | Expected term | 1 to 4 years | | | | Dividend yield | — | % | | | | Expected volatility | 73.4 | % | | |
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| Schedule of PSU Activity |
The Company’s PSU activity is set forth below (in thousands, except per share data): | | | | | | | | | | | | | | | | | | | Number of
Shares | | Weighted-
Average
Grant Date Fair Value Per Share | | Aggregate
Intrinsic Value | Unvested PSUs at January 31, 2026 | 991 | | | $ | 19.98 | | | $ | 10,158 | | | PSUs granted | 515 | | | 8.49 | | | | | PSUs vested | — | | | — | | | | | PSUs cancelled/forfeited | (46) | | | 8.44 | | | | | Unvested PSUs at April 30, 2026 | 1,460 | | | $ | 16.28 | | | $ | 9,229 | |
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| Schedule of Stock-Based Compensation Expense |
Stock-based compensation expense for stock-based awards to employees and non-employees in the Company’s condensed consolidated statements of operations for the periods below were as follows (in thousands): | | | | | | | | | | | | | | | | | Three Months Ended April 30, | | | | 2026 | | 2025 | | | | | | Cost of revenues | $ | 504 | | | $ | 344 | | | | | | | Research and development | 18,068 | | | 24,364 | | | | | | | Sales and marketing | 8,739 | | | 14,823 | | | | | | | General and administrative | 9,011 | | | 8,636 | | | | | | | Total stock-based compensation expense | $ | 36,322 | | | $ | 48,167 | | | | | |
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| Schedule of Unrecognized Stock-Based Compensation Expense Related to Unvested Awards |
Total unrecognized stock-based compensation expense related to unvested awards not yet recognized under all equity compensation plans was as follows: | | | | | | | | | | | | | As of April 30, 2026 | | Unrecognized Expense
(in thousands) | | Weighted-Average Expected Recognition Period
(in years) | | Stock options | $ | 92 | | | 1.9 | | RSUs | 129,697 | | | 1.9 | | PSUs | 15,807 | | | 1.8 | | Total unrecognized stock-based compensation expense | $ | 145,596 | | | 1.9 |
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| Schedule of Stock Repurchase Activity |
The following table summarizes the stock repurchase activity under the Company’s Repurchase Program (in thousands, except per share data): | | | | | | | | | | | | | | | | | Three Months Ended April 30, | | | | 2026 | | 2025 | | | | | | Number of shares repurchased | 7,368 | | | 1,034 | | | | | | Weighted-average price per share | $ | 6.11 | | | $ | 15.09 | | | | | | Aggregate purchase price | $ | 44,985 | | | $ | 15,606 | | | | | |
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