v3.26.1
Segment Reporting (Tables)
3 Months Ended
Apr. 30, 2026
Segment Reporting [Abstract]  
Company's Revenue by Geographic Region Based on Bill-to Location

The following table sets forth the Company’s revenue by geographic region based on bill-to location for the periods indicated.

 

 

Three Months Ended April 30,

 

 

 

2026

 

 

2025

 

 

 

(in thousands)

 

Taiwan

 

$

60,980

 

 

$

53,899

 

Asia Pacific other than Taiwan

 

 

23,247

 

 

 

16,559

 

Europe

 

 

6,308

 

 

 

8,739

 

North America other than United States

 

 

7,904

 

 

 

5,145

 

United States

 

 

1,918

 

 

 

1,530

 

Total revenue

 

$

100,357

 

 

$

85,872

 

 

 

Summary of Significant Segment Expense Included in Consolidated Net Loss

The following table presents the significant segment expenses included in the condensed consolidated net loss for the periods indicated:

 

 

 

Three Months Ended April 30,

 

 

 

2026

 

 

2025

 

 

 

(in thousands)

 

Total revenue

 

$

100,357

 

 

$

85,872

 

Less cost and expense:

 

 

 

 

 

 

Product cost

 

 

40,227

 

 

 

32,628

 

Employee-related

 

 

35,261

 

 

 

31,459

 

Stock-based compensation

 

 

21,893

 

 

 

26,130

 

Semiconductor development cost

 

 

8,717

 

 

 

6,772

 

Tools & equipment

 

 

6,383

 

 

 

8,066

 

Professional services

 

 

3,688

 

 

 

3,687

 

Facilities-related

 

 

2,794

 

 

 

2,662

 

Other segment items (a)

 

 

1,691

 

 

 

956

 

Interest income

 

 

(2,204

)

 

 

(2,160

)

Net loss

 

$

(18,093

)

 

$

(24,328

)

(a) The other segment items include amortization of intangible assets acquired from business combinations, non-operating (income) expenses, income tax provision (benefit) and other immaterial items