v3.26.1
Stock-Based Compensation (Tables)
 3 Months Ended
Jul. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Summary of Stock Option Activity
A summary of the Company’s option activity during the three months ended July 31, 2026 is as follows:
Options Outstanding
Number of
Stock Options
Outstanding		Weighted
Average
Exercise
Price		Weighted
Average
Remaining
Contractual
Life (years)		Aggregate
Intrinsic
Value
(in thousands)(in thousands)
Balance as of April 30, 202632,419 $15.44 5.32$— 
Options granted— — 
Options exercised(7,879)9.24 
Options cancelled(860)12.53 
Balance as of July 31, 202623,680 $17.60 5.42$— 
Vested and exercisable as of July 31, 202616,478 $18.17 3.92$— 
Vested and expected to vest as of July 31, 202623,681 $17.60 5.42$— 
Schedule of Valuation Assumptions The assumptions underlying the fair value estimation are provided in the following table:
Three Months Ended July 31,
2025
Valuation assumptions:
Expected dividend yield— %
Expected volatility
68.5
Expected term (years)
6.5
Risk-free interest rate
3.9%
Schedule of Restricted Stock Unit Activity
A summary of the Company’s RSU activity during the three months ended July 31, 2026 is as follows:
RSUs Outstanding
Number of RSUsWeighted Average
Grant Date Fair Value
Per Share
(in thousands)
Unvested Balance as of April 30, 202619,414 $21.91 
RSUs granted11,002 9.28 
RSUs vested(3,918)16.55 
RSUs forfeited(3,815)20.45 
Unvested Balance as of July 31, 202622,683 $16.96 
Summary of Effects of Stock-Based Compensation
The following table summarizes the effects of stock-based compensation on the Company’s condensed consolidated statements of operations (in thousands):
Three Months Ended July 31,
20262025
Cost of subscription$8,524 $8,622 
Cost of professional services264 668 
Sales and marketing17,592 24,181 
Research and development20,037 19,323 
General and administrative12,816 11,981 
Total stock-based compensation expense$59,233 $64,775