v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Apr. 30, 2026
Apr. 30, 2025
Cash flows from operating activities    
Net loss $ (116,496) $ (79,242)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Stock-based compensation expense 76,028 10,091
Depreciation and amortization 10,059 13,929
Amortization of deferred contract acquisition costs 15,336 12,313
Non-cash operating lease expenses 3,607 3,147
(Accretion of discount) amortization of premium on investments (2,069) (274)
Loss on changes in fair value of convertible notes 12,225 33,429
Deferred income tax benefit 0 (84)
Other (18) 30
Changes in operating assets and liabilities:    
Accounts receivable 22,147 79,656
Inventories (364) 103
Deferred contract acquisition costs (16,718) (13,492)
Prepaid expenses and other current assets 873 (5,953)
Other non-current assets 118 (2,195)
Accounts payable 8,019 2,833
Accrued compensation and benefits (43,632) (26,477)
Operating lease liabilities (3,678) (2,781)
Accrued expenses and other current liabilities (1,938) 4,607
Deferred revenue (23,022) (4,690)
Other non-current liabilities 5,610 642
Net cash (used in) provided by operating activities (53,913) 25,592
Cash flows from investing activities    
Purchases of property and equipment (2,159) (7,410)
Capitalized internal-use software (1,094) (726)
Purchases of intangible assets (2,300) 0
Purchases of marketable securities (444,973) (8,214)
Proceeds from maturities of marketable securities 273,347 37,865
Net cash (used in) provided by investing activities (177,179) 21,515
Cash flows from financing activities    
Proceeds from issuance of common stock under employee stock purchase plan 12,272 0
Proceeds from issuance of common stock upon exercise of stock options 5,820 6,604
Payments for withholding taxes upon settlement of equity awards (14,623) 0
Payments for holdback consideration on business combination 0 (1,197)
Payments for deferred offering costs 0 (666)
Net cash provided by financing activities 3,469 4,741
Net (decrease) increase in cash, cash equivalents, and restricted cash (227,623) 51,848
Cash, cash equivalents, and restricted cash, beginning of period 433,769 167,197
Cash, cash equivalents, and restricted cash, end of period 206,146 219,045
Supplemental disclosure of cash flow information:    
Cash paid for amount included in the measurement of operating lease liabilities 4,097 5,093
Non-cash investing and financing activities:    
Stock-based compensation capitalized in internal-use software 466 33
Property and equipment purchased but not yet paid 3,174 2,658
Vesting of early exercised stock options 0 355
Deferred offering costs accrued but not yet paid $ 0 $ 2,365