v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Apr. 30, 2026
Jan. 31, 2026
Current assets:    
Cash and cash equivalents $ 1,036,354 $ 1,083,540
Short-term investments 1,390,799 1,303,701
Accounts receivable, net of allowance for doubtful accounts of $12,252 and $12,979 as of April 30, 2026 and January 31, 2026, respectively 387,294 499,002
Deferred commissions 129,894 131,442
Prepaid expenses and other current assets 115,277 97,170
Total current assets 3,059,618 3,114,855
Property and equipment, net 40,900 39,773
Operating lease right-of-use assets 26,606 28,978
Goodwill 191,397 191,397
Intangible assets, net 30,851 34,502
Deferred tax assets 26,061 26,021
Other assets 317,258 323,322
Total assets 3,692,691 3,758,848
Current liabilities:    
Accounts payable 41,664 20,269
Accrued compensation and benefits 115,563 143,046
Operating lease liabilities 9,360 9,259
Other accrued liabilities 110,516 109,803
Deferred revenue 341,076 387,119
Total current liabilities 618,179 669,496
Deferred tax liability 358 352
Operating lease liabilities, non-current 21,067 23,600
Deferred revenue 91,236 83,588
Other liabilities 26,891 29,454
Total liabilities 757,731 806,490
Commitments and contingencies (Note 6)
Stockholders’ equity:    
Common stock, par value of $0.001 per share; 1,000,000,000 shares authorized as of April 30, 2026 and January 31, 2026; 80,703,488 shares issued and 80,503,576 shares outstanding as of April 30, 2026; 83,370,769 shares issued and 80,492,774 shares outstanding as of January 31, 2026 81 81
Additional paid-in capital 4,843,315 5,345,494
Treasury stock, 199,912 shares (repurchased at an average of $41.43 per share) as of April 30, 2026 and 2,877,995 shares (repurchased at an average of $171.84 per share) as of January 31, 2026 (8,283) (494,569)
Accumulated other comprehensive income 7,268 13,207
Accumulated deficit (1,907,421) (1,911,855)
Total stockholders’ equity 2,934,960 2,952,358
Total liabilities and stockholders’ equity $ 3,692,691 $ 3,758,848
Treasury stock (in shares) 199,912 2,877,995
Average repurchase price of treasury stock shares (in dollars per share) $ 41.43 $ 171.84