v3.26.1
Balance Sheet Details
 12 Months Ended
Apr. 30, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Balance Sheet Details Balance Sheet Details
Property and Equipment, Net
Property and equipment consisted of the following (in thousands):
Useful LifeAs of April 30,
(in months)20262025
Leasehold improvements*$83,005 $82,510 
Computer equipment365,386 6,065 
Office furniture and equipment6015,796 15,520 
Capital work-in progressNA— 960 
Property and equipment-gross104,187 105,055 
Less accumulated depreciation(37,283)(25,757)
Property and equipment—net$66,904 $79,298 
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*Leasehold improvements are amortized over the shorter of the estimated useful lives of the improvements or the remaining lease term.
NA = Not Applicable
Capital work-in progress primarily consisted of costs related to various leasehold improvements in connection with leased space that is not considered available for use and has not yet been placed into service.
Depreciation and amortization expense related to property and equipment was $13.3 million, $12.2 million, and $11.5 million for the fiscal years ended April 30, 2026, 2025 and 2024, respectively.
Accrued Compensation and Employee Benefits
Accrued compensation and employee benefits consisted of the following (in thousands):
As of April 30,
20262025
Accrued bonus$35,534 $37,468 
Accrued vacation4,743 4,950 
Accrued payroll taxes and benefits3,136 2,033 
Accrued commission4,506 7,244 
ESPP contributions428 1,593 
Other213 580 
Accrued compensation and employee benefits$48,560 $53,868 

Accrued and Other Current Liabilities
Accrued and other current liabilities consisted of the following (in thousands):
As of April 30,
20262025
Accrued general expenses$706 $3,785 
Operating lease liabilities, current5,577 4,795 
Accrued professional services4,271 7,323 
Accrued cloud hosting services3,143 4,718 
Accrued taxes payable3,625 3,258 
Other319 2,416 
Accrued and other current liabilities$17,641 $26,295