v3.26.1
Operating Leases
3 Months Ended
Apr. 30, 2026
Leases [Abstract]  
Operating Leases Operating Leases
Our operating leases consist of real estate and vehicles and have remaining lease terms of one year to 12 years. For purposes of calculating operating lease liabilities, lease terms are deemed to include options to extend the lease when it is reasonably certain that we will exercise those options. Our operating lease arrangements do not contain any material restrictive covenants or residual value guarantees.
Lease costs are presented below (in thousands):
Three Months Ended April 30,
20262025
Operating lease cost$4,317 $3,377 
Short-term lease cost625 660 
Variable lease cost768 938 
Total$5,710 $4,975 
The following table represents the weighted-average remaining lease term and discount rate as of the periods presented:
As of
April 30,
2026
January 31,
2026
Weighted-average remaining lease term (years)9.39.1
Weighted-average discount rate7.0 %7.2 %
Future undiscounted lease payments for our operating lease liabilities as of April 30, 2026 were as follows (in thousands):
Amount
Remainder of year ending January 31, 2027$12,268 
Year ending January 31,
202815,885 
202912,643 
203011,415 
203110,648 
Thereafter48,322 
Total operating lease payments111,181 
Less: imputed interest(28,178)
Total operating lease liabilities$83,003 
As of April 30, 2026, we had non-cancellable commitments in the amount of $11.0 million related to operating leases of real estate facilities that have not yet commenced.
Current operating lease liabilities of $11.0 million and $10.3 million were included in accrued expenses and other current liabilities on our condensed consolidated balance sheets as of April 30, 2026 and January 31, 2026, respectively.
Supplemental cash flow information related to leases for the three months ended April 30, 2026 and 2025 was as follows (in thousands):
Three Months Ended April 30,
20262025
Cash paid for amounts included in the measurement of operating lease liabilities$4,428 $4,470 
Operating lease ROU assets obtained in exchange for new operating lease liabilities$1,295 $755