v3.26.1
Fair Value Measurement (Tables)
 6 Months Ended
Jul. 31, 2026
Fair Value Disclosures [Abstract]  
Schedule of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis
The following tables present the fair value hierarchy of our financial assets and liabilities measured at fair value on a recurring basis as of July 31, 2026 and January 31, 2026 (in thousands): 
As of July 31, 2026
Level 1Level 2Level 3Total
Financial assets:
Money market funds
$223,575 $— $— $223,575 
Treasury bills29,901 — — 29,901 
Commercial paper
— 9,956 — 9,956 
Total cash equivalents253,476 9,956 — 263,432 
Treasury bills and U.S. government securities579,403 — — 579,403 
Corporate bonds— 190,777 — 190,777 
Commercial paper— 24,518 — 24,518 
Yankee bonds— 2,913 — 2,913 
Total marketable securities579,403 218,208 — 797,611 
Other investments carried at fair value— — 14,112 14,112 
Total$832,879 $228,164 $14,112 $1,075,155 
Financial liabilities:
Contingent consideration$— $— $30,392 $30,392 
Total$— $— $30,392 $30,392 

As of January 31, 2026
Level 1Level 2Level 3Total
Financial assets:
Money market funds
$279,658 $— $— $279,658 
Treasury bills21,982 — — 21,982 
Total cash equivalents301,640 — — 301,640 
Treasury bills and U.S. government securities620,155 — — 620,155 
Corporate bonds— 160,877 — 160,877 
Commercial paper— 34,390 — 34,390 
Yankee bonds— 2,897 — 2,897 
Total marketable securities620,155 198,164 — 818,319 
Other investments carried at fair value— — 14,202 14,202 
Total$921,795 $198,164 $14,202 $1,134,161 
Financial liabilities:
Contingent consideration$— $— $1,532 $1,532 
Total$— $— $1,532 $1,532 
Schedule of Changes in Level 3 Financial Liabilities
During the six months ended July 31, 2026, changes in the fair value of Level 3 financial liabilities, which consist solely of contingent consideration liabilities associated with business acquisitions, were as follows (in thousands):
WorkFusion, Inc.Peak AI LimitedTotal
Balance as of January 31, 2026$— $1,532 $1,532 
Additions — Acquisition of WorkFusion, Inc.29,567 — 29,567 
Changes in fair value (recorded within general and administrative expenses)825 2,446 3,271 
Effect of foreign currency translation— (14)(14)
Transfers out of Level 3 — determination of earn-out for Peak AI Limited— (3,964)(3,964)
Balance as of July 31, 2026$30,392 $— $30,392