v3.26.1
Leases
 3 Months Ended
Apr. 30, 2026
Leases [Abstract]  
Leases Leases
The Company has entered into non-cancelable operating and finance lease agreements, principally real estate for office space globally. The Company may receive renewal or expansion options, leasehold improvement allowances or other incentives on certain lease agreements. Lease terms range from one to 12 years and may include renewal options, which the Company deems reasonably certain to be renewed. The exercise of the lease renewal option is at the Company's discretion.
Lease Costs
The components of the Company’s lease costs included in its condensed consolidated statements of operations were as follows (in thousands):
Three Months Ended April 30,
20262025
Finance lease cost:
Amortization of finance lease right-of-use assets$994 $993 
Interest on finance lease liabilities414 510 
Operating lease cost3,025 3,246 
Short-term lease cost1,240 1,088 
Variable lease cost979 908 
Total lease cost$6,652 $6,745 
Balance Sheet Components
The balances of the Company’s finance and operating leases were recorded on the condensed consolidated balance sheets as follows (in thousands):
April 30, 2026January 31, 2026
Finance Lease:
Property and equipment, net$14,572 $15,566 
Other accrued liabilities, current6,584 6,482 
Other liabilities, non-current21,624 23,490 
Operating Leases:
Operating lease right-of-use assets$26,606 $28,978 
Operating lease liabilities, current9,360 9,259 
Operating lease liabilities, non-current21,067 23,600 
Maturities of Lease Liabilities
Future minimum lease payments under non-cancelable finance and operating leases on an annual undiscounted cash flow basis as of April 30, 2026 were as follows (in thousands):
Fiscal Period:
Finance Lease
Operating Leases
Remainder of 2027
$5,808 $8,328 
20288,711 9,040 
20298,711 6,984 
20307,985 4,226 
2031— 2,720 
Thereafter
— 2,643 
Total minimum payments
31,215 33,941 
Less imputed interest
(3,007)(3,514)
Present value of future minimum lease payments
28,208 30,427 
Less current obligations under leases
(6,584)(9,360)
Non-current lease obligations
$21,624 $21,067 

In March 2026, the Company executed an operating lease agreement for an office space with an expected commencement date in the third quarter of fiscal year 2027. The lease term is approximately 10 years with undiscounted future minimum lease payments of approximately $29.5 million.
Leases Leases
The Company has entered into non-cancelable operating and finance lease agreements, principally real estate for office space globally. The Company may receive renewal or expansion options, leasehold improvement allowances or other incentives on certain lease agreements. Lease terms range from one to 12 years and may include renewal options, which the Company deems reasonably certain to be renewed. The exercise of the lease renewal option is at the Company's discretion.
Lease Costs
The components of the Company’s lease costs included in its condensed consolidated statements of operations were as follows (in thousands):
Three Months Ended April 30,
20262025
Finance lease cost:
Amortization of finance lease right-of-use assets$994 $993 
Interest on finance lease liabilities414 510 
Operating lease cost3,025 3,246 
Short-term lease cost1,240 1,088 
Variable lease cost979 908 
Total lease cost$6,652 $6,745 
Balance Sheet Components
The balances of the Company’s finance and operating leases were recorded on the condensed consolidated balance sheets as follows (in thousands):
April 30, 2026January 31, 2026
Finance Lease:
Property and equipment, net$14,572 $15,566 
Other accrued liabilities, current6,584 6,482 
Other liabilities, non-current21,624 23,490 
Operating Leases:
Operating lease right-of-use assets$26,606 $28,978 
Operating lease liabilities, current9,360 9,259 
Operating lease liabilities, non-current21,067 23,600 
Maturities of Lease Liabilities
Future minimum lease payments under non-cancelable finance and operating leases on an annual undiscounted cash flow basis as of April 30, 2026 were as follows (in thousands):
Fiscal Period:
Finance Lease
Operating Leases
Remainder of 2027
$5,808 $8,328 
20288,711 9,040 
20298,711 6,984 
20307,985 4,226 
2031— 2,720 
Thereafter
— 2,643 
Total minimum payments
31,215 33,941 
Less imputed interest
(3,007)(3,514)
Present value of future minimum lease payments
28,208 30,427 
Less current obligations under leases
(6,584)(9,360)
Non-current lease obligations
$21,624 $21,067 

In March 2026, the Company executed an operating lease agreement for an office space with an expected commencement date in the third quarter of fiscal year 2027. The lease term is approximately 10 years with undiscounted future minimum lease payments of approximately $29.5 million.