v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
May 03, 2026
Feb. 01, 2026
Current assets:    
Cash and cash equivalents $ 837,794 $ 854,873
Marketable securities 666,955 692,446
Accounts receivable, net of allowance of $203 and $203 886,811 944,844
Inventory 77,940 75,935
Deferred commissions, current 143,364 139,379
Prepaid expenses and other current assets 437,017 356,015
Total current assets 3,049,881 3,063,492
Property and equipment, net 613,917 587,022
Operating lease right-of-use assets 201,816 185,975
Deferred commissions, non-current 288,885 280,190
Intangible assets, net 5,342 7,346
Goodwill 365,075 365,075
Restricted cash 8,285 7,687
Other assets, non-current 216,746 177,472
Total assets 4,749,947 4,674,259
Current liabilities:    
Accounts payable 173,207 153,312
Accrued compensation and benefits 236,221 347,205
Accrued expenses and other liabilities 181,942 184,338
Operating lease liabilities, current 45,366 44,080
Deferred revenue, current 1,249,675 1,181,055
Total current liabilities 1,886,411 1,909,990
Operating lease liabilities, non-current 185,595 172,063
Deferred revenue, non-current 1,127,682 1,046,442
Other liabilities, non-current 108,121 100,096
Total liabilities 3,307,809 3,228,591
Commitments and contingencies (Note 7)
Stockholders’ equity:    
Preferred stock, par value of $0.0001 per share— 20,000 shares authorized; no shares issued and outstanding 0 0
Class A and Class B common stock, par value of $0.0001 per share— 2,250,000 (Class A 2,000,000, Class B 250,000) shares authorized; 330,353 and 332,054 Class A shares issued and outstanding 33 33
Additional paid-in capital 2,600,471 2,624,757
Accumulated other comprehensive income (loss) (1,613) 1,709
Accumulated deficit (1,156,753) (1,180,831)
Total stockholders’ equity 1,442,138 1,445,668
Total liabilities and stockholders’ equity $ 4,749,947 $ 4,674,259