v3.26.1
Stock-based Compensation (Tables)
3 Months Ended
Apr. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-Based Compensation Expense

The following table summarizes stock-based compensation expense recognized related to awards granted to employees and nonemployees, as follows:

 

 

Three Months Ended April 30,

 

(in thousands)

 

2026

 

 

2025

 

Cost of revenue

 

$

1,830

 

 

$

1,667

 

Research and development

 

 

6,108

 

 

 

4,584

 

Sales and marketing

 

 

3,112

 

 

 

1,929

 

General and administrative

 

 

5,866

 

 

 

5,035

 

Total expense

 

$

16,916

 

 

$

13,215

 

Capitalized to internal-use software development
   costs and property and equipment

 

 

(455

)

 

 

(673

)

Total stock-based compensation expense

 

$

16,461

 

 

$

12,542

 

Schedule of Stock Option Activity

A summary of stock option activity is as follows:

 

 

Options Outstanding

 

 

Number of
Options

 

 

Weighted
Average
Exercise
Price

 

 

Weighted
Average
Remaining
Term (Years)

 

 

Aggregate
Intrinsic
Value
(in thousands)

 

Balances at January 31, 2026

 

 

14,532,703

 

 

$

5.69

 

 

 

4.4

 

 

 

 

Exercised

 

 

(861,875

)

 

 

4.37

 

 

 

 

 

 

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

Forfeited

 

 

 

 

 

 

 

 

 

 

 

 

Balances at April 30, 2026

 

 

13,670,828

 

 

$

5.77

 

 

 

4.2

 

 

$

426,483

 

Vested and exercisable at April 30, 2026

 

 

13,595,514

 

 

$

5.75

 

 

 

4.2

 

 

$

424,433

 

Schedule of Restricted Stock Unit ("RSU") Activity

A summary of Restricted Stock Unit (“RSU”) activity is as follows:

 

 

Number of
RSUs

 

 

Weighted
Average
Grant Date
Fair Value

 

Balances at January 31, 2026

 

 

28,513,961

 

 

$

3.73

 

Vested

 

 

(3,377,103

)

 

 

3.56

 

Granted

 

 

3,218,020

 

 

 

25.51

 

Forfeited

 

 

(757,879

)

 

 

3.21

 

Balances at April 30, 2026

 

 

27,596,999

 

 

$

6.30