v3.26.1
Property and Equipment, Net
 3 Months Ended
Apr. 30, 2026
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
Property and equipment, net consisted of the following:
(in thousands)April 30, 2026January 31, 2026
Computer and network equipment$86,560 $123,226 
Software, including capitalized software development costs418,584 383,527 
Furniture and office equipment22,135 23,278 
Leasehold improvements66,976 66,832 
594,255 596,863 
Less: Accumulated depreciation(350,453)(365,142)
243,802 231,721 
Work in progress144,144 130,087 
     Total$387,946 $361,808 

Depreciation and amortization expense associated with property and equipment was $27.5 million and $23.4 million for the three months ended April 30, 2026 and 2025. This included amortization expense related to capitalized internally developed software costs of $21.0 million and $17.4 million for the three months ended April 30, 2026 and 2025.

For the three months ended April 30, 2026 and 2025, we capitalized $44.8 million and $29.7 million of internally developed software, including $16.5 million and $10.0 million of capitalized stock-based compensation expense in the three months ended April 30, 2026 and 2025.