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 option activity |
The following table summarizes stock option activity for the three months ended April 30, 2026 (in thousands, except share, per share data and years): | | | | | | | | | | | | | | | | | | | | | | | | | Shares | | Weighted-Average
Exercise
Price Per Share | | Weighted- Average
Remaining
Contractual Term
(In Years) | | Aggregate
Intrinsic
Value | Balance as of January 31, 2026 | 163,909 | | | $ | 9.66 | | | 1.2 | | $ | 59,284 | | | Stock options exercised | (55,128) | | | 8.34 | | | | | | Stock options forfeited and expired | (250) | | | 24.00 | | | | | | Balance as of April 30, 2026 | 108,531 | | | 10.29 | | | 1.0 | | 26,080 | | Vested and exercisable as of January 31, 2026 | 163,909 | | | 9.66 | | | 1.2 | | 59,284 | | Vested and exercisable as of April 30, 2026 | 108,531 | | | $ | 10.29 | | | 1.0 | | $ | 26,080 | |
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| Schedule of restricted stock unit activity |
The following table summarizes RSU activity for the three months ended April 30, 2026: | | | | | | | | | | | | | Shares | | Weighted-Average Grant Date Fair Value per RSU | Unvested as of January 31, 2026 | 4,233,699 | | | $ | 256.82 | | | RSUs granted | 1,631,378 | | | 268.85 | | | RSUs vested | (489,162) | | | 250.28 | | | RSUs forfeited and canceled | (313,160) | | | 244.51 | | Unvested as of April 30, 2026 | 5,062,755 | | | $ | 262.09 | |
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| Schedule of Share-Based Compensation Arrangements by Share-Based Payment Award |
The following table summarizes RSA activity for the three months ended April 30, 2026: | | | | | | | | | | | | | Shares | | Weighted-Average Grant Date Fair Value per RSA | Unvested as of January 31, 2026 | 112,153 | | | $ | 292.05 | | | | | | | RSAs vested | (16,045) | | | 292.05 | | RSAs forfeited and canceled(1) | (54,584) | | | 292.05 | | Unvested as of April 30, 2026 | 41,524 | | | $ | 292.05 | |
(1) Represents shares of common stock reacquired pursuant to the applicable restricted stock award agreements and included in repurchases of common stock on the Condensed Consolidated Statements of Stockholders’ Equity.The following table summarizes PSU activity for the three months ended April 30, 2026: | | | | | | | | | | | | | Shares | | Weighted-Average Grant Date Fair Value per PSU | Unvested as of January 31, 2026 | 209,670 | | | $ | 256.62 | | | PSUs granted | 91,146 | | | 117.80 | | | PSUs vested | (99,626) | | | 218.53 | | | Adjustment for performance achievement | 29,634 | | | 199.97 | | | PSUs forfeited and canceled | (20,155) | | | 237.59 | | Unvested as of April 30, 2026 | 210,669 | | | $ | 208.42 | |
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| Schedule of stock-based compensation expense recognized in consolidated statements of operations |
Total stock-based compensation expense recognized in the Company’s condensed consolidated statements of operations is as follows (in thousands): | | | | | | | | | | | | | | | | | | | | | | Three Months Ended April 30, | | | | | | | | | 2026 | | 2025 | | | | Cost of revenue—subscription | | | | | $ | 8,888 | | | $ | 8,395 | | | | | Cost of revenue—services | | | | | 2,792 | | | 3,894 | | | | | Sales and marketing | | | | | 32,681 | | | 39,102 | | | | | Research and development | | | | | 70,708 | | | 66,405 | | | | | General and administrative | | | | | 22,761 | | | 14,635 | | | | | Total stock-based compensation expense | | | | | $ | 137,830 | | | $ | 132,431 | | | | |
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