XML 15 R4.htm IDEA: XBRL DOCUMENT v3.25.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Oct. 31, 2025
Oct. 31, 2024
Oct. 31, 2025
Oct. 31, 2024
Revenue:        
Total revenue $ 818,350 $ 754,820 $ 2,382,640 $ 2,200,487
Cost of revenue:        
Total cost of revenue 170,546 156,537 493,278 461,448
Gross profit 647,804 598,283 1,889,362 1,739,039
Operating expenses:        
Sales and marketing 296,516 290,597 898,379 859,705
Research and development 167,626 151,101 496,703 432,992
General and administrative 98,307 97,555 283,443 277,162
Restructuring and other related charges 0 0 0 29,721
Total operating expenses 562,449 539,253 1,678,525 1,599,580
Income from operations 85,355 59,030 210,837 139,459
Interest expense (654) (462) (1,960) (1,150)
Interest income and other income, net 10,828 13,006 36,902 41,745
Income before provision for (benefit from) income taxes 95,529 71,574 245,779 180,054
Provision for (benefit from) income taxes 11,804 9,151 26,997 (804,340)
Net income $ 83,725 $ 62,423 $ 218,782 $ 984,394
Net income per share attributable to common stockholders:        
Basic (in usd per share) $ 0.41 $ 0.31 $ 1.08 $ 4.81
Diluted (in usd per share) $ 0.40 $ 0.30 $ 1.04 $ 4.69
Weighted-average shares used in computing net income per share:        
Basic (in shares) 201,954 203,567 202,619 204,674
Diluted (in shares) 208,069 208,706 210,605 209,755
Comprehensive income:        
Foreign currency translation gain (loss), net of tax $ 3,179 $ 285 $ 15,866 $ (5,033)
Unrealized gains on investments, net of tax 854 581 465 711
Other comprehensive income (loss) 4,033 866 16,331 (4,322)
Comprehensive income 87,758 63,289 235,113 980,072
Stock-based compensation expense included in costs and expenses:        
Stock-based compensation expense     466,776 460,388
Sales and marketing        
Stock-based compensation expense included in costs and expenses:        
Stock-based compensation expense 48,018 49,347 143,184 154,396
Research and development        
Stock-based compensation expense included in costs and expenses:        
Stock-based compensation expense 60,806 53,184 177,102 150,816
General and administrative        
Stock-based compensation expense included in costs and expenses:        
Stock-based compensation expense 32,808 31,070 91,984 91,239
Restructuring and other related charges        
Stock-based compensation expense included in costs and expenses:        
Stock-based compensation expense 0 0 0 4,836
Subscription        
Revenue:        
Total revenue 800,958 734,693 2,331,548 2,143,542
Cost of revenue:        
Total cost of revenue 150,372 134,587 431,812 393,561
Subscription | Cost of revenue        
Stock-based compensation expense included in costs and expenses:        
Stock-based compensation expense 15,018 14,862 42,439 44,636
Professional services and other        
Revenue:        
Total revenue 17,392 20,127 51,092 56,945
Cost of revenue:        
Total cost of revenue 20,174 21,950 61,466 67,887
Professional services and other | Cost of revenue        
Stock-based compensation expense included in costs and expenses:        
Stock-based compensation expense $ 3,992 $ 4,765 $ 12,067 $ 14,465