v3.26.1
Revenue (Tables)
 3 Months Ended
Apr. 30, 2026
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
Revenue consists of the following (in thousands):
Three Months Ended April 30,
20262025
Usage-based revenue$202,134 $143,149 
Subscription revenue18,097 14,312 
Total revenue$220,231 $157,461 
Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Geographical Area, Revenue
The following table presents revenue by region based on the billing country of the customer where the revenue generating transaction originates (in thousands, except percentages):
Three Months Ended April 30,
20262025
AmountPercentage of RevenueAmountPercentage of Revenue
United States$144,706 66 %$95,804 61 %
United Kingdom37,667 17 %34,641 22 %
Rest of World(1)
37,858 17 %27,016 17 %
Total revenue$220,231 100 %$157,461 100 %
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(1)No individual country within Rest of World comprises more than 10% of total revenue.
Accounts Receivable, Allowance for Credit Loss
The following table presents the allowance for expected credit losses for the three months ended April 30, 2026 and 2025 (in thousands):
Three Months Ended April 30,
20262025
Balance at beginning of period
$6,462 $5,135 
Provision for expected credit losses
1,471 1,264 
Amounts written off, recoveries and other adjustments(3,150)(194)
Balance at end of period
$4,783 $6,205 
Contract with Customer, Asset, Allowance for Credit Loss The following table summarizes the corporate card receivables allowance for expected credit losses for the three months ended April 30, 2026 and 2025 (in thousands):
Three Months Ended April 30,
20262025
Balance at beginning of period
$2,499 $380 
Provision for expected credit losses
400 814 
Amounts written off, recoveries and other adjustments(264)(351)
Balance at end of period
$2,635 $843