Revenues |
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| Revenues | Revenues Deferred Revenue and Remaining Performance Obligations The Company recognized $98.7 million and $88.7 million of revenues during the three months ended July 31, 2026 and 2025, respectively, that were included in the deferred revenue balances at January 31, 2026 and 2025, respectively. The company recognized $244.9 million and $220.4 million of revenues during the six months ended July 31, 2026 and 2025, respectively, that were included in the deferred revenue balances at January 31, 2026 and 2025, respectively. Deferred revenue that will be recognized within the next 12 months is recorded as deferred revenue, current and the remaining portion is recorded as deferred revenue, noncurrent. As of July 31, 2026, the Company's remaining performance obligations from contracts with customers was $522.0 million, of which the Company expects to recognize approximately 81% as revenues over the next 12 months and the remainder thereafter. Deferred Contract Acquisition Costs Deferred contract acquisition costs are amortized over a period of benefit of three years. The period of benefit was estimated by considering factors such as historical customer attrition rates, the useful life of the Company’s technology, and the impact of competition in the software-as-a-service industry. The following table summarizes the activity of deferred contract acquisition costs (in thousands):
The following table summarizes the outstanding balances of deferred contract acquisition costs (in thousands):
Deferred contract acquisition costs, current is presented within prepaid expenses and other current assets in the condensed consolidated balance sheets. Deferred contract acquisition costs, noncurrent is presented within other assets in the condensed consolidated balance sheets.
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