v3.26.1
Fair Value Measurement (Tables)
3 Months Ended
Apr. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis
The following tables present the fair value hierarchy of our financial assets and liabilities measured at fair value on a recurring basis as of April 30, 2026 and January 31, 2026 (in thousands): 
 As of April 30, 2026
 Level 1Level 2Level 3Total
Financial assets:   
Money market funds
$143,084 $— $— $143,084 
Treasury bills31,957 — — 31,957 
Commercial paper
— — — — 
Total cash equivalents175,041 — — 175,041 
Treasury bills and U.S. government securities607,687 — — 607,687 
Corporate bonds— 138,269 — 138,269 
Commercial paper— 34,692 — 34,692 
Yankee bonds— 2,903 — 2,903 
Total marketable securities607,687 175,864 — 783,551 
Other investments carried at fair value— — 14,142 14,142 
Total$782,728 $175,864 $14,142 $972,734 
Financial liabilities:
Contingent consideration$— $3,964 $30,000 $33,964 
Total$— $3,964 $30,000 $33,964 
 As of January 31, 2026
 Level 1Level 2Level 3Total
Financial assets:   
Money market funds
$279,658 $— $— $279,658 
Treasury bills21,982 — — 21,982 
Total cash equivalents301,640 — — 301,640 
Treasury bills and U.S. government securities620,155 — — 620,155 
Corporate bonds— 160,877 — 160,877 
Commercial paper— 34,390 — 34,390 
Yankee bonds— 2,897 — 2,897 
Total marketable securities620,155 198,164 — 818,319 
Other investments carried at fair value— — 14,202 14,202 
Total$921,795 $198,164 $14,202 $1,134,161 
Financial liabilities:
Contingent consideration$— $— $1,532 $1,532 
Total$— $— $1,532 $1,532 
Schedule of Changes in Level 3 Financial Liabilities
During the three months ended April 30, 2026, changes in the fair value of Level 3 financial liabilities, which consist solely of contingent consideration liabilities associated with business acquisitions, were as follows (in thousands):
 Fair Value
Balance as of January 31, 2026$1,532 
Additions — acquisition of WorkFusion, Inc
30,000 
Changes in fair value — Peak AI Limited (recorded within general and administrative expenses)2,446 
Effect of foreign currency translation(14)
Transfers out of Level 3 — determination of earn-out for Peak AI Limited$(3,964)
Balance as of April 30, 2026$30,000