Stock-Based Compensation (Tables)

3 Months Ended

Apr. 30, 2026

A summary of the Company’s stock option activity for the three months ended April 30, 2026 is as follows:


	Number of Stock Options	Weighted Average Exercise Price		Weighted Average Remaining Contractual Life
	(in thousands)			(in years)
Outstanding as of January 31, 2026	13,918	$	6.68	4.1

Exercised	(32)	$	4.03
Forfeited	(107)	$	10.01
Expired	—	$	—
Outstanding as of April 30, 2026	13,779	$	6.66	3.9

Exercisable as of April 30, 2026	13,433	$	6.50	3.8
Vested and expected to vest as of April 30, 2026	13,779	$	6.66	3.9

A summary of the Company’s RSU activity for the three months ended April 30, 2026 is as follows:


	Number of RSUs	Weighted Average Grant Date Fair Value
	(in thousands)
Outstanding as of January 31, 2026	16,619	$	8.97
Granted	8,936	$	5.81
Vested	(2,351)	$	9.55
Cancelled/forfeited	(1,515)	$	9.08
Outstanding as of April 30, 2026	21,689	$	7.59

A summary of the Company’s PSU activity for the three months ended April 30, 2026 is as follows:


	Number of PSUs	Weighted Average Grant Date Fair Value
	(in thousands)
Outstanding as of January 31, 2026	3,047	$	11.11
Granted	—	$	—
Vested	—	$	—
Cancelled/forfeited	(54)	$	13.42
Outstanding as of April 30, 2026	2,993	$	11.06

Stock-based compensation expense included in operating results was classified as follows:


	Three Months Ended April 30,
(in thousands)		2026		2025
Cost of revenue:
Subscription		$	348	$	265
Professional services		778		392
Research and development		4,174		3,886
Sales and marketing		4,797		6,295
General and administrative		9,904		9,576
Restructuring		—		866
Stock-based compensation, net of amounts capitalized		20,001		21,280
Capitalized stock-based compensation		706		917
Total stock-based compensation		$	20,707	$	22,197