v3.26.1
REVENUE (Tables)
 6 Months Ended
Jul. 31, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
Revenue consists of the following (in thousands):
Three Months Ended July 31,Six Months Ended July 31,
202620252026
2025
Usage-based revenue$211,393 $156,549 $413,527 $299,698 
Subscription revenue21,397 15,403 39,494 29,715 
Total revenue$232,790 $171,952 $453,021 $329,413 
Schedule of Revenue by Region
The following table presents revenue by region based on the billing country of the customer where the revenue generating transaction originates (in thousands, except percentages):
Three Months Ended July 31,Six Months Ended July 31,
2026202520262025
AmountPercentage of RevenueAmountPercentage of RevenueAmountPercentage of RevenueAmountPercentage of Revenue
United States$154,181 66 %$105,514 61 %$298,887 66 %$201,318 61 %
United Kingdom38,479 17 %36,908 22 %76,146 17 %71,549 22 %
Rest of World(1)
40,130 17 %29,530 17 %77,988 17 %56,546 17 %
Total revenue$232,790 100 %$171,952 100 %$453,021 100 %$329,413 100 %
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(1)No individual country within Rest of World comprises more than 10% of total revenue.
Schedule of Accounts Receivable, Allowance for Credit Loss
The following table presents the allowance for expected credit losses for the six months ended July 31, 2026 and 2025 (in thousands):
Six Months Ended July 31,
20262025
Balance at beginning of period
$6,462 $5,135 
Provision for expected credit losses
5,005 2,488 
Amounts written off, recoveries and other adjustments(5,075)(1,739)
Balance at end of period
$6,392 $5,884 
Schedule of Contract with Customer, Asset, Allowance for Credit Loss The following table summarizes the corporate card receivables allowance for expected credit losses for the six months ended July 31, 2026 and 2025 (in thousands):
Six Months Ended July 31,
20262025
Balance at beginning of period
$2,499 $380 
Provision for expected credit losses
900 1,675 
Amounts written off, recoveries and other adjustments(783)(1,045)
Balance at end of period
$2,616 $1,010