Net Loss Per Share (Tables)

6 Months Ended

Jul. 31, 2026

Schedule of Earnings Per Share, Basic and Diluted

The following table presents the calculation of basic and diluted net loss per share (in thousands, except per share amounts):


	Three Months Ended July 31,
	2026				2025
	Class A		Class B		Class A		Class B
Numerator:
Net loss	$	(48,725)	$	(13,052)	$	(64,474)	$	(31,455)
Denominator:
Weighted-average common stock shares used in computing net loss per share, basic and diluted	162,554		43,543		130,985		63,905
Net loss per common stock share, basic and diluted	$	(0.30)	$	(0.30)	$	(0.49)	$	(0.49)


	Six Months Ended July 31,
	2026				2025
	Class A		Class B		Class A		Class B
Numerator:
Net loss	$	(81,247)	$	(22,383)	$	(124,810)	$	(73,223)
Denominator:
Weighted-average common stock shares used in computing net loss per share, basic and diluted	160,646		44,257		121,817		71,467
Net loss per common stock share, basic and diluted	$	(0.51)	$	(0.51)	$	(1.02)	$	(1.02)

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following outstanding potentially dilutive securities were excluded from the computation of diluted net loss per share for the periods presented because the impact of including them would have been antidilutive (in thousands):


	Three and Six Months Ended July 31,
	2026	2025
Issued and outstanding stock options	8,657	9,129
Unvested RSUs issued and outstanding	21,677	22,372

Convertible notes	9,218	9,218
Restricted stock issued for business combination	396	402
Total	39,948	41,121