Prepaid expenses were $274.4 million and $232.2 million as of April 30, 2026 and April 30, 2025, respectively. Other current assets were $186.6 million and $64.0 million as of April 30, 2026 and April 30, 2025, respectively.


	April 30, 2026		January 31, 2026
Data center and other computer equipment	$	1,117,048	$	1,058,690
Capitalized internal-use software and website development costs	413,501		383,119
Leasehold improvements	63,205		54,305
Purchased software	18,844		18,628
Furniture and equipment	13,886		12,752
Construction in progress	282,393		219,509
	1,908,877		1,747,003
Less: Accumulated depreciation and amortization	(842,673)		(770,672)
Property and equipment, net	$	1,066,204	$	976,331

Construction in progress primarily includes data center equipment purchased that has not yet been placed in service. Data center equipment that was purchased but not yet been placed into service was $225.0 million as of April 30, 2026.

Depreciation and amortization expense of property and equipment was $75.5 million and $56.4 million during the three months ended April 30, 2026 and April 30, 2025, respectively.

There was no impairment of property and equipment during the three months ended April 30, 2026 and April 30, 2025. The Company capitalized $21.4 million and $29.5 million in internal-use software and website development costs during the three months ended April 30, 2026 and April 30, 2025, respectively. Amortization expense associated with internal-use software and website development costs totaled $23.5 million and $17.5 million during the three months ended April 30, 2026 and April 30, 2025, respectively. The net book value of capitalized internal-use software and website development costs was $182.6 million and $184.7 million as of April 30, 2026 and January 31, 2026, respectively.

Total intangible assets, net consisted of the following (dollars in thousands):


	April 30, 2026						Weighted-Average Remaining Useful Life
	Gross Carrying Amount		Accumulated Amortization		Net Amount
							(in months)
Developed technology	$	364,107	$	101,453	$	262,654	77
Customer relationships	25,375		12,974		12,401		51
Intellectual property and other acquired intangible assets	15,828		5,144		10,684		98
Total	$	405,310	$	119,571	$	285,739


	January 31, 2026						Weighted-Average Remaining Useful Life
	Gross Carrying Amount		Accumulated Amortization		Net Amount
							(in months)
Developed technology	$	202,561	$	90,199	$	112,362	54
Customer relationships	25,383		12,122		13,261		53
Intellectual property and other acquired intangible assets	15,854		4,775		11,079		100
Total	$	243,798	$	107,096	$	136,702

Amortization expense of intangible assets was $12.4 million and $7.6 million during the three months ended April 30, 2026 and April 30, 2025, respectively.

The estimated aggregate future amortization expense of intangible assets as of April 30, 2026 was as follows (in thousands):


	Total
Fiscal 2027 (remaining nine months)	$	39,799
Fiscal 2028	52,371
Fiscal 2029	49,351
Fiscal 2030	39,974
Fiscal 2031	31,886
Thereafter	72,358
Total future amortization expense	$	285,739

Developed technology, customer relationships, intellectual property and other acquired intangible assets are amortized over their estimated useful lives, generally on a straight-line basis, for periods ranging from 2 to 20 years.

The change in goodwill during the three months ended April 30, 2026 consisted of the following (in thousands):


	Amounts
Goodwill as of January 31, 2026	$	1,363,294
Goodwill acquired(1)	886,587
Foreign currency translation	17,612
Goodwill as of April 30, 2026	$	2,267,493

(1)Goodwill acquired resulted from the acquisitions of SGNL.AI, Inc. (“SGNL”), and Seraphic Algorithms Ltd. (“Seraphic”). Refer to Note 11 for additional information.


	April 30, 2026		January 31, 2026
Accrued commissions	$	144,768	$	207,378
Accrued payroll and related expenses	102,134		100,915
Employee Stock Purchase Plan	78,534		36,193
Accrued bonuses	46,619		45,204
Accrued payroll and benefits	$	372,055	$	389,690