v3.26.1
Condensed Consolidated Balance Sheet Components
 6 Months Ended
Jul. 31, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Condensed Consolidated Balance Sheet Components Condensed Consolidated Balance Sheet Components
Prepaid Expenses and Other Current Assets
Prepaid expenses and other current assets consisted of the following (in thousands):
As of
July 31,
2026		January 31,
2026
Prepaid expenses and service credits$51,193 $55,332 
Other current assets61,112 50,245 
Prepaid expenses and other current assets$112,305 $105,577 
Property and Equipment, Net
Property and equipment, net consisted of the following (in thousands):
As of
July 31,
2026		January 31,
2026
Computers and equipment$24,827 $25,131 
Leasehold improvements55,182 52,578 
Furniture and fixtures9,834 9,266 
Construction in progress4,161 4,103 
Other794 823 
Property and equipment, gross94,798 91,901 
Less: accumulated depreciation(48,362)(45,887)
Property and equipment, net$46,436 $46,014 
Depreciation expense for the three months ended July 31, 2026 and 2025 was $2.3 million and $1.2 million, respectively. Depreciation expense for the six months ended July 31, 2026 and 2025 was $4.4 million and $2.5 million, respectively.
Other Assets, Non-Current
As of July 31, 2026 and January 31, 2026, other assets, non-current included $26.9 million and $27.7 million, respectively, related to equity investments in private companies without readily determinable fair values. As a measurement alternative, these investments are reported at cost and are assessed periodically to determine whether their carrying value must be adjusted for observable changes in price or indicators of impairment.
As of July 31, 2026 and January 31, 2026, other assets, non-current also included $14.1 million and $14.2 million, respectively, related to private-company convertible bonds, which are carried at fair value. Refer to Note 5, Fair Value Measurement for further information.
Accrued Expenses and Other Current Liabilities
Accrued expenses and other current liabilities consisted of the following (in thousands):
As of
July 31,
2026		January 31,
2026
Accrued expenses
$33,540 $35,657 
Accrued legal, accounting, and tax services2,907 6,430 
Withholding tax from employee equity transactions3,204 4,763 
Employee stock purchase plan withholdings2,748 3,214 
Payroll taxes and other benefits payable9,221 9,288 
Income taxes payable9,777 14,784 
Value-added taxes payable6,682 15,113 
Operating lease liabilities, current10,322 10,306 
Deferred consideration for business acquisition
3,859 8,000 
Contingent consideration for business acquisition
30,392 1,532 
Accrued partner incentives
10,934 12,345 
Cloud infrastructure liabilities
8,899 13,183 
Other24,445 35,881 
Accrued expenses and other current liabilities$156,930 $170,496