v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Apr. 30, 2026
Apr. 30, 2025
Cash flows from operating activities:    
Net income $ 78,197 $ 72,087
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 32,208 30,369
Amortization of deferred contract acquisition and fulfillment costs 67,358 66,482
Non-cash operating lease costs 4,864 4,660
Stock-based compensation expense 141,377 145,596
Deferred income taxes 33,032 (3,465)
Other 1,920 1,861
Changes in operating assets and liabilities:    
Accounts receivable 214,448 121,003
Prepaid expenses and other current assets (31,832) (28,551)
Deferred contract acquisition and fulfillment costs (65,491) (56,648)
Other assets 2,320 844
Accounts payable 3,222 (6,764)
Accrued expenses and other liabilities (5,460) 4,625
Accrued compensation (88,415) (61,451)
Contract liabilities (65,553) (34,240)
Operating lease liabilities (507) (4,969)
Net cash provided by operating activities 321,688 251,439
Cash flows from investing activities:    
Purchases of marketable securities (97,408) (92,563)
Maturities of marketable securities 93,024 91,262
Purchases of strategic and other investments (2,610) 0
Purchases of property and equipment (32,253) (23,624)
Net cash used in investing activities (39,247) (24,925)
Cash flows from financing activities:    
Repurchases of common stock (317,510) (183,431)
Payment of tax withholding obligation on net RSU settlement and ESPP purchase (39,536) (62,793)
Proceeds from exercise of stock options 53 699
Proceeds from employee stock purchase plan 22,799 22,010
Other (220) 0
Net cash used in financing activities (334,414) (223,515)
Effect of foreign exchange on cash, cash equivalents and restricted cash (481) 9,923
Net increase (decrease) in cash, cash equivalents and restricted cash (52,454) 12,922
Cash, cash equivalents and restricted cash at beginning of period [1] 618,150 659,554
Cash, cash equivalents and restricted cash at end of period [1] $ 565,696 $ 672,476
[1] $17.7 million and $15.7 million of restricted cash was included in Prepaid expenses and other current assets and Other assets—noncurrent as of April 30, 2026 and January 31, 2026. $15.1 million and $10.9 million of restricted cash was included in Prepaid expenses and other current assets and in Other assets—noncurrent as of April 30, 2025 and January 31, 2025.