v3.26.1
Revenue Recognition
 3 Months Ended
Apr. 30, 2026
Revenue from Contract with Customer [Abstract]  
Revenue Recognition Revenue Recognition
Disaggregation of Revenue
The following table presents the Company’s revenue disaggregated by subscription product categories (in thousands):
Three Months Ended April 30,
20262025
Subscription
SaaS$178,479 $131,815 
Maintenance and support34,563 37,389 
Term subscriptions43,916 40,040 
Other subscription services8,863 6,079 
Total Subscription265,821 215,323 
Services and other14,321 15,145 
Total revenue$280,142 $230,468 
The following table summarizes the revenue the Company recognizes at a point in time and over time (in thousands):
Three Months Ended April 30,
20262025
Revenue recognized over time$255,509 $204,849 
Revenue recognized at a point in time24,633 25,619 
Total revenue$280,142 $230,468 
Contract Balances
Deferred revenue consists primarily of payments received in advance of revenue recognition under the Company’s contracts with customers. Revenue recognized during the three months ended April 30, 2026 and 2025 that was included in the deferred revenue balances at the beginning of the respective periods was $195.5 million and $160.3 million, respectively.
Remaining Performance Obligations
The Company’s contracts with customers include amounts allocated to performance obligations that will be satisfied at a later date. These remaining performance obligations represent contract value that has not yet been recognized as revenue. Remaining performance obligations includes both invoices that have been issued to customers but have not been recognized as revenue and amounts that will be invoiced and recognized as revenue in future periods. As of April 30, 2026, remaining performance obligations were $1.8 billion, of which the Company expects to recognize $886.6 million as revenue over the next 12 months.