v3.26.1
Property and Equipment, Net
 6 Months Ended
Jul. 31, 2026
Property, Plant, and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
Property and equipment are recorded at cost and depreciated or amortized on a straight-line basis over their estimated useful lives. Property and equipment, net consisted of the following:
(in thousands)July 31, 2026January 31, 2026
Computer software$27,680 $26,839 
Office equipment24,057 23,907 
Furniture and fixtures6,445 7,133 
Leasehold improvements 57,990 57,983 
Construction in progress597 33 
Software in progress180 687 
Total property and equipment, gross116,949 116,582 
Less: accumulated depreciation(90,957)(86,494)
Total property and equipment, net$25,992 $30,088 
As of July 31, 2026 and January 31, 2026, the Company's property and equipment, net attributable to the United States was 93% in both periods. No other individual country represented more than 10% of the total property and equipment, net as of those periods. Depreciation expense was $2.1 million and $4.3 million for the three and six months ended July 31, 2026, respectively and $2.7 million and $5.5 million for the three and six months ended July 31, 2025, respectively.
During the six months ended July 31, 2026, the Company subleased a floor of its corporate headquarters. In connection with this arrangement, the Company recorded a $4.3 million impairment loss, of which $3.3 million was attributable to the right-of-use asset and $1.0 million to the related leasehold improvements. During the six months ended July 31, 2026, the Company also recorded an impairment loss of $0.4 million related to cloud computing capitalized implementation costs, which were reflected in prepaid expenses and other current assets on the Company's condensed consolidated balance sheet. The following table summarizes the Company’s impairment loss for the periods presented:
Three months ended July 31,Six months ended July 31,
(in thousands)2026202520262025
Cost of revenue$— $— $1,453 $— 
Sales and marketing— — 1,108 — 
Research and development— — 1,042 — 
General and administrative— — 1,086 — 
Total impairment loss
$— $— $4,689 $—