v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Aug. 02, 2026
Aug. 03, 2025
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 98,227 $ 33,123
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 81,777 69,697
Stock-based compensation expense 281,879 213,668
Unrealized gain on equity security 0 (30,401)
Other 4,349 7,027
Changes in operating assets and liabilities, net of effects of acquisition:    
Accounts receivable, net (79,318) 150,381
Inventory (36,563) (12,268)
Deferred commissions (27,325) (11,395)
Prepaid expenses and other assets (694,305) (33,401)
Operating lease right-of-use assets 21,581 19,958
Accounts payable 156,591 (3,146)
Accrued compensation and other liabilities (33,541) 602
Operating lease liabilities (22,683) (23,513)
Deferred revenue 293,147 115,761
Net cash provided by operating activities 43,816 496,093
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property and equipment (169,668) (134,373)
Acquisition, net of cash acquired (125,308) 0
Purchase of strategic investment (1,000) 0
Purchases of marketable securities and other (267,490) (256,128)
Sales of marketable securities 193,481 270,987
Maturities of marketable securities 139,448 137,507
Net cash provided by (used in) investing activities (230,537) 17,993
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from exercise of stock options 15,169 13,458
Proceeds from issuance of common stock under employee stock purchase plan 30,001 27,240
Payments of financing costs for revolving credit facility 0 (2,080)
Principal payments on borrowings and finance lease obligations (612) (101,125)
Tax withholding on vesting of equity awards (173,296) (117,461)
Repurchases of common stock (153,084) (162,178)
Net cash used in financing activities (281,822) (342,146)
Net increase (decrease) in cash, cash equivalents and restricted cash (468,543) 171,940
Cash, cash equivalents and restricted cash, beginning of period 864,979 737,750
Cash, cash equivalents and restricted cash, end of period 396,436 909,690
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD    
Cash and cash equivalents 385,694 887,849
Restricted cash 10,742 21,841
Cash, cash equivalents and restricted cash, end of period 396,436 909,690
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Cash paid for interest 0 2,122
Cash paid for income taxes, net of refunds 10,476 21,141
SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING AND FINANCING INFORMATION    
Property and equipment purchased but not yet paid $ 39,356 $ 19,129