v3.26.1
Segment and Geographic Information
 3 Months Ended
Apr. 30, 2026
Segment Reporting [Abstract]  
Segment and Geographic Information Segment and Geographic Information

The Company has determined that it operates in one operating and reportable segment as the Chief Operating Decision Maker (“CODM”), its Chief Executive Officer, reviews financial information on a consolidated basis for purposes of making operating decisions, allocating resources, and evaluating financial performance. The CODM uses consolidated net loss, as reported on our Condensed Consolidated Statements of Operations, in evaluating performance of the Company’s single segment, monitoring budget versus actual results, and determining how to allocate resources of the Company as a whole.

Financial information for the Company’s reportable segment was as follows:

 

 

Three Months Ended April 30,

 

(in thousands)

 

2026

 

 

2025

 

Revenue

 

$

94,150

 

 

$

66,265

 

Less: Significant and other segment expenses

 

 

 

 

 

 

Cost of revenue (1)

 

 

33,074

 

 

 

19,151

 

Research and development (1)

 

 

25,934

 

 

 

17,376

 

Sales and marketing (1)

 

 

19,533

 

 

 

14,287

 

General and administrative (1)

 

 

16,642

 

 

 

14,252

 

Depreciation and amortization

 

 

11,189

 

 

 

11,082

 

Stock-based compensation

 

 

16,461

 

 

 

12,542

 

Restructuring costs

 

 

—

 

 

 

20

 

Interest expense

 

 

1,446

 

 

 

499

 

Employer payroll taxes related to earnout share vesting

 

 

(6

)

 

 

—

 

Certain litigation expenses (2)

 

 

6,211

 

 

 

326

 

Other segment items (3)

 

 

102,538

 

 

 

(10,642

)

Consolidated net loss

 

$

(138,872

)

 

$

(12,628

)

 

(1) Exclusive of the following items shown separately; Depreciation and amortization, stock-based compensation, restructuring costs, employer payroll taxes related to earnout share vesting, and certain litigation expenses.

(2) Expenses relating to the Delaware class action lawsuit and an acquisition-related dispute. Refer to Note 8 “Commitments and Contingencies”.

(3) Includes interest income, change in fair value of warrant liabilities, other income (expense), net and provision for income taxes. Refer to the Condensed Consolidated Statements of Operations.

Capital expenditures, which consists of purchases of property and equipment and capitalized internal-use software costs, for the three months ended April 30, 2026 and 2025 were $18.0 million and $9.3 million, respectively.

The Company’s long-lived assets by geographic region are as follows:

 

(in thousands)

 

April 30, 2026

 

 

January 31, 2026

 

United States

 

$

151,178

 

 

$

143,011

 

Rest of world

 

 

7,967

 

 

 

7,562

 

Total property and equipment, net

 

$

159,145

 

 

$

150,573

 

 

The Company concluded that satellites in service continue to be owned by the U.S. entity and accordingly are classified as U.S. assets in the table above. No single country other than the U.S. accounted for more than 10% of total property and equipment, net, as of April 30, 2026 and January 31, 2026