v3.26.1
Equity Incentive Plans (Tables)
3 Months Ended
Jul. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Summary of Stock Option Activity
The following table summarizes stock option activity:
Stock Options Outstanding
Number of
Stock Options
Outstanding
Weighted-
Average
Exercise
Price
Remaining
Contractual
Term
(in years)
Aggregate
Intrinsic
Value
(in thousands)
Balance as of April 30, 20261,547,110 $46.25 3.10$30,020 
Stock options exercised(244,903)$13.49 
Stock options canceled(2,354)$84.87 
Stock options assumed in acquisition canceled(1,203)$71.42 
Balance as of July 31, 20261,298,650 $52.33 2.65$36,207 
Exercisable as of July 31, 20261,298,650 $52.33 2.65$36,207 
Summary of RSU Activity
The following table summarizes RSU activity under the 2012 Plan:
Number of AwardsWeighted-Average Grant Date Fair Value
Outstanding and unvested at April 30, 20268,162,578 $84.58 
RSUs granted
3,720,044 $62.59 
RSUs released(928,811)$83.66 
RSUs canceled
(1,010,024)$83.30 
Outstanding and unvested at July 31, 20269,943,787 $76.57 
Summary of Stock-based Compensation Expense
Total stock-based compensation expense recognized in the Company’s condensed consolidated statements of operations was as follows (in thousands):
Three Months Ended July 31,
20262025
Cost of revenue
Subscription$2,750 $2,468 
Services4,489 3,932 
Research and development24,326 26,623 
Sales and marketing25,144 23,067 
General and administrative18,073 13,845 
Total stock-based compensation expense$74,782 $69,935