v3.25.1
Stock-based compensation (Tables)
12 Months Ended
Jan. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-Based Compensation
The following table shows a summary of stock-based compensation in the Company's consolidated statements of operations and comprehensive income (loss) during the fiscal years presented:
Year ended January 31,
(in thousands)202520242023
Cost of revenue$14,955 $16,462 $13,591 
Sales and marketing15,623 13,182 9,821 
Technology and development25,002 20,891 13,828 
General and administrative40,845 26,616 25,374 
Total stock-based compensation expense$96,425 $77,151 $62,614 
The following table shows stock-based compensation by award type:
Year ended January 31,
(in thousands)202520242023
Restricted stock units$66,986 $60,688 $46,590 
Performance restricted stock units29,439 16,384 15,120 
Stock options— 79 882 
Restricted stock awards— — 22 
Total stock-based compensation expense$96,425 $77,151 $62,614 
Schedule of Stock Option Activity
A summary of stock option activity is as follows:
Stock options
(in thousands, except for exercise prices and term)Number of
options
Range of
exercise
prices
Weighted-
average
exercise
price
Weighted-
average
contractual
term
(in years)
Aggregate
intrinsic
value
Outstanding as of January 31, 2024726 
$14.00 - 73.61
$36.91 2.5$28,067 
Exercised (356)
$14.00 - 73.61
$25.33 
Forfeited (1)
$25.45 - 25.45
$25.45 
Outstanding as of January 31, 2025369 
$21.27 - 73.61
$48.13 2.5$22,957 
Vested and expected to vest as of January 31, 2025369 $48.13 2.5$22,957 
Exercisable as of January 31, 2025369 $48.13 2.5$22,957 
Schedule of Restricted Stock Unit Activity
A summary of RSU and PRSU activity is as follows:
RSUs and PRSUs
(in thousands, except weighted-average grant date fair value)SharesWeighted-average grant date fair value
Outstanding as of January 31, 20243,363 $67.96 
Granted1,146 86.07 
Vested(1,400)64.17 
Forfeited(227)70.33 
Outstanding as of January 31, 20252,882 $76.82