v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 31, 2026
Jul. 31, 2025
Jul. 31, 2026
Jul. 31, 2025
Revenues:        
Total revenues $ 927,963 $ 789,081 $ 1,810,911 $ 1,548,124
Cost of revenues:        
Total cost of revenues [1] 232,012 195,253 452,936 369,077
Gross profit 695,951 593,828 1,357,975 1,179,047
Operating expenses:        
Research and development [1] 222,918 192,677 431,241 376,710
Sales and marketing [1] 126,701 109,439 237,818 208,067
General and administrative [1] 71,314 95,804 140,786 164,630
Total operating expenses [1] 420,933 397,920 809,845 749,407
Operating income 275,018 195,908 548,130 429,640
Other income, net 74,512 69,456 148,930 134,545
Income before income taxes 349,530 265,364 697,060 564,185
Income tax provision 76,101 65,055 162,695 135,686
Net income $ 273,429 $ 200,309 $ 534,365 $ 428,499
Net income per share:        
Basic (in usd per share) $ 1.68 $ 1.23 $ 3.28 $ 2.63
Diluted (in usd per share) $ 1.66 $ 1.19 $ 3.22 $ 2.56
Weighted-average shares used to compute net income per share:        
Basic (in shares) 162,344 163,496 162,836 163,129
Diluted (in shares) 165,057 167,685 166,072 167,272
Other comprehensive income:        
Net change in unrealized (loss) gain on available-for-sale investments $ (26,490) $ (11,300) $ (53,941) $ 6,067
Net change in cumulative foreign currency translation gain (loss) 135 390 (366) 352
Comprehensive income 247,074 189,399 480,058 434,918
Subscription        
Revenues:        
Total revenues 766,764 659,183 1,496,939 1,293,951
Cost of revenues:        
Total cost of revenues [1] 105,677 93,830 204,780 172,176
Professional services and other        
Revenues:        
Total revenues 161,199 129,898 313,972 254,173
Cost of revenues:        
Total cost of revenues [1] $ 126,335 $ 101,423 $ 248,156 $ 196,901
[1]
(1) Includes stock-based compensation as follows:
Cost of subscription$2,224 $1,941 $3,985 $3,656 
Cost of professional services and other15,939 14,804 30,090 27,573 
Research and development62,220 53,388 113,783 101,337 
Sales and marketing27,886 25,392 52,480 47,713 
General and administrative28,534 26,441 55,724 53,897 
Total stock-based compensation$136,803 $121,966 $256,062 $234,176