v3.26.1
Income Taxes
6 Months Ended
Jul. 31, 2026
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes
For the three months ended July 31, 2026 and 2025, our effective tax rates were 21.8% and 24.5%, respectively. For the six months ended July 31, 2026 and 2025, our effective tax rates were 23.3% and 24.0%, respectively. During the three and six months ended July 31, 2026, as compared to the same periods in the prior fiscal year, our effective tax rate decreased primarily due to an increase in foreign-derived deduction eligible income (“FDDEI”) deduction under the One Big Beautiful Bill Act (“OBBBA”) provisions effective in the current fiscal year, partially offset by discrete tax deficiencies related to equity compensation.