v3.26.1
Leases
6 Months Ended
Jul. 31, 2026
Leases [Abstract]  
Leases Leases
The Company leases real estate facilities under non-cancelable operating leases with various expiration dates through fiscal 2037. The Company has no lease agreements that are classified as finance leases.
Future minimum lease payments under non-cancelable operating leases with initial lease terms in excess of one year included in the Company’s total operating lease liabilities as of July 31, 2026 are as follows (in thousands):
Fiscal year ending January 31,Operating Lease Payments
Remainder of fiscal year 2027$22,268 
202845,472 
202942,345 
203037,960 
2031 and thereafter150,610 
Total undiscounted operating lease payments$298,655 
Less: imputed interest(77,388)
Total operating lease liabilities$221,267 
The Company has subleased certain office spaces to third parties and has classified the subleases as operating leases. The subleases have lease terms ranging from four to five years. Sublease income was $1.2 million and $2.4 million for the three and six months ended July 31, 2026, respectively. Sublease income was $0.6 million and $1.2 million for the three and six months ended July 31, 2025, respectively. The Company recognizes sublease income as a reduction of lease expense in the Company’s condensed consolidated statements of operations.
Operating lease amounts in the table above do not include sublease payments to be received of $14.7 million. As of July 31, 2026, the future total minimum sublease payments to be received were as follows (in thousands):
Fiscal year ending January 31,Sublease Payments to be Received
Remainder of fiscal year 2027$2,922 
20285,524 
20294,620 
20301,628 
Total sublease payments to be received$14,694 
Leases Leases
The Company leases real estate facilities under non-cancelable operating leases with various expiration dates through fiscal 2037. The Company has no lease agreements that are classified as finance leases.
Future minimum lease payments under non-cancelable operating leases with initial lease terms in excess of one year included in the Company’s total operating lease liabilities as of July 31, 2026 are as follows (in thousands):
Fiscal year ending January 31,Operating Lease Payments
Remainder of fiscal year 2027$22,268 
202845,472 
202942,345 
203037,960 
2031 and thereafter150,610 
Total undiscounted operating lease payments$298,655 
Less: imputed interest(77,388)
Total operating lease liabilities$221,267 
The Company has subleased certain office spaces to third parties and has classified the subleases as operating leases. The subleases have lease terms ranging from four to five years. Sublease income was $1.2 million and $2.4 million for the three and six months ended July 31, 2026, respectively. Sublease income was $0.6 million and $1.2 million for the three and six months ended July 31, 2025, respectively. The Company recognizes sublease income as a reduction of lease expense in the Company’s condensed consolidated statements of operations.
Operating lease amounts in the table above do not include sublease payments to be received of $14.7 million. As of July 31, 2026, the future total minimum sublease payments to be received were as follows (in thousands):
Fiscal year ending January 31,Sublease Payments to be Received
Remainder of fiscal year 2027$2,922 
20285,524 
20294,620 
20301,628 
Total sublease payments to be received$14,694