v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Aug. 01, 2026
Jan. 31, 2026
Current assets:    
Cash and cash equivalents $ 291,392 $ 318,789
Short-term investments 537,536 515,003
Accounts receivable, net 337,792 321,442
Inventories 57,032 48,194
Connected device costs, current 155,670 142,904
Deferred commissions, current 95,030 85,463
Prepaid expenses and other current assets 98,315 75,323
Total current assets 1,572,767 1,507,118
Long-term investments 496,782 403,123
Property and equipment, net 88,030 81,607
Operating lease right-of-use assets 58,317 60,303
Connected device costs, non-current 333,878 297,245
Deferred commissions, non-current 199,224 176,415
Other assets 20,130 14,863
Total assets 2,769,128 2,540,674
Current liabilities:    
Accounts payable 41,239 47,680
Accrued expenses and other current liabilities 123,171 102,073
Accrued compensation and benefits 62,236 75,403
Deferred revenue, current 728,904 679,316
Operating lease liabilities, current 12,535 12,566
Total current liabilities 968,085 917,038
Deferred revenue, non-current 123,868 129,726
Operating lease liabilities, non-current 56,957 60,202
Other liabilities 18,244 13,261
Total liabilities 1,167,154 1,120,227
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Preferred stock, $0.0001 par value—400,000,000 shares authorized as of August 1, 2026 and January 31, 2026; zero shares issued and outstanding as of August 1, 2026 and January 31, 2026 0 0
Additional paid-in capital 3,161,197 3,035,176
Accumulated other comprehensive income (loss) (887) 4,357
Accumulated deficit (1,558,372) (1,619,122)
Total stockholders’ equity 1,601,974 1,420,447
Total liabilities and stockholders’ equity 2,769,128 2,540,674
Common Class A    
Stockholders’ equity:    
Common stock 13 13
Common Class B    
Stockholders’ equity:    
Common stock 23 23
Common Class C    
Stockholders’ equity:    
Common stock $ 0 $ 0