v3.26.1
Restructuring
6 Months Ended
Jul. 31, 2026
Restructuring and Related Activities [Abstract]  
Restructuring Restructuring
March 2026 Reorganization
On March 31, 2026, the Company implemented a reorganization of its operations including a reduction of the Company’s current global workforce by approximately 146 employees, or 10% of the Company’s global workforce at the time (the “March 2026 Reorganization”). As a result, in the first quarter of fiscal year 2027, the Company incurred $7.3 million of employee severance, termination and employment-related exit costs and $1.0 million of facility exit costs.
The following table summarizes the charges related to the March 2026 Reorganization by line item within the Company’s condensed consolidated statements of operations for the six months ended July 31, 2026:
Severance and employment-related termination costsFacility and other contract terminationsTotal
(in thousands)
Cost of revenue$730 $— $730 
Research and development4,122 — 4,122 
Sales and marketing1,681 — 1,681 
General and administrative786 1,040 1,826 
Total$7,319 $1,040 $8,359 
As of July 31, 2026, $2.5 million in restructuring-related liabilities remained in accrued and other current liabilities in the condensed consolidated balance sheets. As of January 31, 2026, restructuring liabilities related to the September 2023 reorganization of $0.1 million remained in accrued and other current liabilities in the condensed consolidated balance sheets.
July 2026 Reorganization
On July 29, 2026, the Company implemented a reorganization of its operations including a reduction of the Company’s current global workforce of approximately 127 employees, or 10% of the Company’s global workforce at the time (the “July 2026 Reorganization”). As a result, during the three and six months ended July 31, 2026 the Company incurred $5.7 million of employee severance, termination and employment-related exit costs and $0.7 million of facility exit costs.
The following table summarizes the charges related to the July 2026 Reorganization by line item within the Company’s condensed consolidated statements of operations for the six months ended July 31, 2026:
Severance and employment-related termination costsFacility and other contract terminationsTotal
(in thousands)
Cost of revenue$624 $— $624 
Research and development2,210 — 2,210 
Sales and marketing1,509 — 1,509 
General and administrative1,333 723 2,056 
Total$5,676 $723 $6,399 
As of July 31, 2026, $5.3 million in restructuring-related liabilities remained in accrued and other current liabilities in the condensed consolidated balance sheets.
During the three and six months ended July 31, 2025, no restructuring charges were incurred.