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Net Income (Loss) per Share Attributable to Common Stockholders
12 Months Ended
Jan. 31, 2025
Earnings Per Share [Abstract]  
Net Income (Loss) per Share Attributable to Common Stockholders Net Income (Loss) per Share Attributable to Common Stockholders
The following table presents the calculation of basic and diluted net income (loss) per share attributable to common stockholders for periods presented:
Year Ended January 31,
(in thousands, except per share data)202520242023
Numerator:
Net income (loss) attributable to common stockholders, basic$1,067,885 $73,980 $(97,454)
Add: Interest expense on convertible senior notes— 425 — 
Net income (loss) attributable to common stockholders, diluted$1,067,885 $74,405 $(97,454)
Denominator:
Weighted-average common shares outstanding, basic204,329 204,070 200,903 
Effect of dilutive securities6,010 4,880 — 
Weighted-average common shares outstanding, diluted210,339 208,950 200,903 
Net income (loss) per share attributable to common stockholders:
Basic$5.23 $0.36 $(0.49)
Diluted$5.08 $0.36 $(0.49)

Outstanding potentially dilutive securities that were excluded from the diluted per share calculations because they would have been antidilutive are as follows:
January 31,
(in thousands)202520242023
RSUs1,048 6,430 15,129 
Stock options— — 2,228 
ESPP— — 516 
Convertible senior notes— — 2,161 
Total antidilutive securities1,048 6,430 20,034