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Commitments and Contingencies (Tables)
12 Months Ended
Feb. 01, 2025
Commitments and Contingencies Disclosure [Abstract]  
Purchase Obligation, Fiscal Year Maturity
Future minimum payments under the Company’s non-cancelable purchase commitments as of February 1, 2025 were as follows (in thousands):
Fiscal Years EndingAmount
2026$145,104 
202796,301 
202850,270 
20292,997 
2030— 
2031 and thereafter— 
Total (1) (2)
$294,672 
__________
(1)Includes non-cancelable contractual commitments as of February 1, 2025 related to one of the Company’s third-party cloud infrastructure agreements, under which the Company committed to spend at least $275.0 million between July 2022 and June 2027 on cloud infrastructure services. The commitment may be offset by up to $11.0 million in additional credits subject to the Company meeting certain conditions of the agreement, of which $3.0 million had been earned as of February 1, 2025.
(2)As of February 1, 2025, the Company’s non-cancelable purchase commitments primarily pertained to contractual arrangements with software-as-a-service subscription providers and purchase orders based on current inventory needs fulfilled by the Company’s suppliers and contract manufacturers. The purchase commitments end on various dates that extend into fiscal year 2029. These purchase commitments were not recorded as liabilities on the consolidated balance sheet as of February 1, 2025, as the Company had not yet received the related services or goods.