v3.26.1
Balance Sheet Components
 6 Months Ended
Jul. 31, 2026
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Balance Sheet Components Balance Sheet Components
Cash, Cash Equivalents, and Restricted Cash
The following table reconciles cash, cash equivalents, and restricted cash from the condensed consolidated balance sheets to amounts reported in the condensed consolidated statements of cash flows:
(in thousands)July 31, 2026January 31, 2026
Cash and cash equivalents$231,415 $162,969 
Restricted cash included in prepaid expenses and other current assets(1)
1,347 2,065 
Restricted cash included in other non-current assets(1)
7,308 6,474 
Total cash, cash equivalents, and restricted cash
$240,070 $171,508 
(1) Consists primarily of collateral for letters of credit issued in lieu of deposits on certain leases and customer contracts.
Allowance for Credit Losses
Changes in the allowance for credit losses for the periods presented were as follows:
Six Months Ended July 31,
(in thousands)20262025
Allowance, beginning of period
$7,441 $8,059 
Write-offs of uncollectible accounts, net
(586)(1,446)
Provision for expected credit losses
685 2,468 
Allowance, end of period$7,540 $9,081 
Prepaid Expenses and Other Current Assets
Prepaid expenses and other current assets consisted of the following:
(in thousands)July 31, 2026January 31, 2026
Deferred contract costs, current portion$68,170 $63,136 
Contract assets14,005 10,580 
Prepaid software costs9,234 9,203 
Prepaid hosting and data costs3,812 2,504 
Other19,518 21,970 
Prepaid expenses and other current assets$114,739 $107,393 
Depreciation and Amortization
Accumulated amortization associated with capitalized internal-use software was $64.1 million and $57.1 million as of July 31, 2026 and January 31, 2026, respectively. Accumulated depreciation and amortization associated with fixed assets was $28.6 million and $27.6 million as of July 31, 2026 and January 31, 2026, respectively.
Depreciation and amortization expense consisted of the following:
Three Months Ended July 31, Six Months Ended July 31,
(in thousands)2026202520262025
Amortization expense for capitalized internal-use software$3,823 $3,512 $7,011 $6,934 
Depreciation and amortization expense$1,045 $1,156 $2,136 $2,414 
The Company capitalized internal-use software costs, including stock-based compensation, of $5.5 million and $5.1 million for the three months ended July 31, 2026 and 2025, respectively, and $10.4 million and $8.8 million for the six months ended July 31, 2026 and 2025, respectively.
Accrued Expenses and Other Current Liabilities
Accrued expenses and other current liabilities consisted of the following:
(in thousands)July 31, 2026January 31, 2026
Accrued compensation and benefits (1)
$32,166 $62,729 
Accrued taxes payable15,825 18,186 
Other11,061 10,623 
Accrued expenses and other current liabilities$59,052 $91,538 
(1) Includes $0.7 million and $0.8 million of accrued employee contributions under the Company’s 2021 Employee Stock Purchase Plan (“ESPP”) at July 31, 2026 and January 31, 2026, respectively.