Net Income (Loss) Per Share, Basic and Diluted (Tables)

3 Months Ended

May 02, 2026

Schedule of Basic and Diluted Net Income (Loss) Per Share

The following table presents the calculation of basic and diluted net income (loss) per share (in thousands, except share and per share data):


	Three Months Ended
		May 2, 2026		May 3, 2025
Numerator:


Net income (loss)		$	44,508	$	(22,121)
Denominator:
Weighted-average shares used in computing net income (loss) per share, basic		581,835,917		567,740,728
Weighted-average effect of potentially dilutive securities:
Outstanding stock options		4,371,387		—
RSUs		1,466,522		—
Employee stock purchase plan obligations		615		—
Weighted-average shares used in computing net income (loss) per share, diluted		587,674,441		567,740,728
Net income (loss) per share, basic and diluted		$	0.08	$	(0.04)

Schedule of Potentially Dilutive Securities Excluded from the Computation of Diluted Net Income (Loss) per Share

The following potentially dilutive securities were excluded from the computation of diluted net income (loss) per share calculations for the periods presented because the impact of including them would have been antidilutive:


	Three Months Ended
		May 2, 2026	May 3, 2025

Outstanding stock options		—	5,602,651
RSUs		21,385,858	24,746,777
Employee stock purchase plan obligations		1,015,333	860,872
Total antidilutive securities		22,401,191	31,210,300