v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
May 03, 2026
May 04, 2025
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ 24,078 $ (13,995)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 40,198 33,770
Stock-based compensation expense 122,064 96,275
Other 4,381 705
Changes in operating assets and liabilities, net of effects of acquisition:    
Accounts receivable, net 58,032 269,542
Inventory (2,768) 2,669
Deferred commissions (12,680) (3,657)
Prepaid expenses and other assets (117,076) (19,440)
Operating lease right-of-use assets 10,574 8,397
Accounts payable 16,254 (26,991)
Accrued compensation and other liabilities (102,069) (84,343)
Operating lease liabilities (10,684) (11,238)
Deferred revenue 149,860 32,242
Net cash provided by operating activities 180,164 283,936
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property and equipment (68,414) (72,346)
Purchases of marketable securities and other (112,952) (114,896)
Sales of marketable securities 69,160 18,207
Maturities of marketable securities 66,712 57,253
Net cash used in investing activities (45,494) (111,782)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from exercise of stock options 6,646 5,359
Proceeds from issuance of common stock under employee stock purchase plan 30,001 27,240
Principal payments on borrowings and finance lease obligations (612) (1,125)
Tax withholding on vesting of equity awards (102,920) (61,300)
Repurchases of common stock (84,103) (119,936)
Net cash used in financing activities (150,988) (149,762)
Net increase (decrease) in cash, cash equivalents and restricted cash (16,318) 22,392
Cash, cash equivalents and restricted cash, beginning of period 864,979 737,750
Cash, cash equivalents and restricted cash, end of period 848,661 760,142
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD    
Cash and cash equivalents 837,794 739,336
Restricted cash 10,867 20,806
Cash, cash equivalents and restricted cash, end of period 848,661 760,142
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Cash paid for interest 0 1,427
Cash paid for income taxes, net of refunds 876 8,273
SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING AND FINANCING INFORMATION    
Property and equipment purchased but not yet paid $ 23,071 $ 15,977