Prepaid expenses were $257.0 million and $250.9 million as of July 31, 2026 and January 31, 2026, respectively. Other current assets were $256.7 million and $128.8 million as of July 31, 2026 and January 31, 2026, respectively.


	July 31, 2026		January 31, 2026
Data center and other computer equipment	$	1,199,171	$	1,058,690
Capitalized internal-use software and website development costs	451,347		383,119
Leasehold improvements	68,776		54,305
Purchased software	19,335		18,628
Furniture and equipment	13,894		12,752
Construction in progress	342,470		219,509
	2,094,993		1,747,003
Less: Accumulated depreciation and amortization	(920,142)		(770,672)
Property and equipment, net	$	1,174,851	$	976,331

Construction in progress primarily includes data center equipment purchased that has not yet been placed in service. Data center equipment that was purchased but not yet been placed into service was $273.7 million as of July 31, 2026.

Depreciation and amortization expense of property and equipment was $82.1 million and $60.4 million during the three months ended July 31, 2026 and July 31, 2025, respectively, and $157.6 million and $116.8 million during the six months ended July 31, 2026 and July 31, 2025, respectively.

There was no impairment of property and equipment during the three and six months ended July 31, 2026 and July 31, 2025. The Company capitalized $45.4 million and $31.0 million in internal-use software and website development costs during the three months ended July 31, 2026 and July 31, 2025, respectively, and $81.5 million and $60.6 million during the six months ended July 31, 2026 and July 31, 2025, respectively. Amortization expense associated with internal-use software and website development costs totaled $25.7 million and $19.6 million during the three months ended July 31, 2026 and July 31, 2025, respectively, and $50.1 million and $37.1 million during the six months ended July 31, 2026 and July 31, 2025, respectively. The net book value of capitalized internal-use software and website development costs was $216.1 million and $184.7 million as of July 31, 2026 and January 31, 2026, respectively.

Total intangible assets, net consisted of the following (dollars in thousands):


	July 31, 2026						Weighted-Average Remaining Useful Life
	Gross Carrying Amount		Accumulated Amortization		Net Amount
							(in months)
Developed technology	$	361,696	$	113,290	$	248,406	74
Customer relationships	25,364		13,823		11,541		48
Intellectual property and other acquired intangible assets	18,827		5,539		13,288		100
Total	$	405,887	$	132,652	$	273,235


	January 31, 2026						Weighted-Average Remaining Useful Life
	Gross Carrying Amount		Accumulated Amortization		Net Amount
							(in months)
Developed technology	$	202,561	$	90,199	$	112,362	54
Customer relationships	25,383		12,122		13,261		53
Intellectual property and other acquired intangible assets	15,854		4,775		11,079		100
Total	$	243,798	$	107,096	$	136,702

Amortization expense of intangible assets was $13.3 million and $7.6 million during the three months ended July 31, 2026 and July 31, 2025, respectively, and $25.7 million and $15.3 million during the six months ended July 31, 2026 and July 31, 2025, respectively.

The estimated aggregate future amortization expense of intangible assets as of July 31, 2026 was as follows (in thousands):


	Total
Fiscal 2027 (remaining six months)	$	26,576
Fiscal 2028	52,365
Fiscal 2029	49,345
Fiscal 2030	39,968
Fiscal 2031	31,880
Thereafter	73,101
Total future amortization expense	$	273,235

Developed technology, customer relationships, intellectual property and other acquired intangible assets are amortized over their estimated useful lives, generally on a straight-line basis, for periods ranging from 2 to 20 years.

The change in goodwill during the six months ended July 31, 2026 consisted of the following (in thousands):


	Amounts
Goodwill as of January 31, 2026	$	1,363,294
Goodwill acquired(1)	886,587
Foreign currency translation	1,545
Goodwill as of July 31, 2026	$	2,251,426


	July 31, 2026		January 31, 2026
Accrued commissions	$	192,622	$	207,378
Accrued payroll and related expenses	146,966		100,915
Accrued bonuses	53,034		45,204
Employee Stock Purchase Plan	25,448		36,193
Accrued payroll and benefits	$	418,070	$	389,690