v3.26.1
Operating Leases
 6 Months Ended
Jul. 31, 2026
Leases [Abstract]  
Operating Leases Operating Leases
Our operating leases consist of real estate and vehicles and have remaining lease terms of one year to 12 years. For purposes of calculating operating lease liabilities, lease terms are deemed to include options to extend the lease when it is reasonably certain that we will exercise those options. Our operating lease arrangements do not contain any material restrictive covenants or residual value guarantees.
Lease costs are presented below (in thousands):
Three Months Ended July 31,Six Months Ended July 31,
2026202520262025
Operating lease cost$4,344 $5,314 $8,661 $8,691 
Short-term lease cost693 696 1,318 1,356 
Variable lease cost896 711 1,664 1,649 
Total$5,933 $6,721 $11,643 $11,696 
The following table represents the weighted-average remaining lease term and discount rate as of the periods presented:
As of
July 31,
2026		January 31,
2026
Weighted-average remaining lease term (years)8.79.1
Weighted-average discount rate7.1 %7.2 %
Future undiscounted lease payments for our operating lease liabilities as of July 31, 2026 were as follows (in thousands):
Amount
Remainder of year ending January 31, 2027$7,525 
Year ending January 31,
202815,978 
202912,698 
203011,412 
203110,643 
Thereafter48,304 
Total operating lease payments106,560 
Less: imputed interest(26,800)
Total operating lease liabilities$79,760 
As of July 31, 2026, we had non-cancelable commitments in the amount of $10.5 million primarily related to operating leases of real estate facilities that have not yet commenced.
Current operating lease liabilities of $10.3 million were included in accrued expenses and other current liabilities on our condensed consolidated balance sheets as of July 31, 2026 and January 31, 2026.
Supplemental cash flow information related to leases for the six months ended July 31, 2026 and 2025 was as follows (in thousands):
Six Months Ended July 31,
20262025
Cash paid for amounts included in the measurement of operating lease liabilities$9,065 $8,041 
Operating lease ROU assets obtained in exchange for new operating lease liabilities$1,879 $2,994