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Income Taxes (Tables) | 12 Months Ended
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Jan. 31, 2024
Income Tax Disclosure [Abstract] |
Schedule of Income before Income Tax, Domestic and Foreign | Our loss before provision for income taxes for fiscal 2024, 2023 and 2022 consisted of the following (in thousands):
| Year Ended January 31,
| 2024 |  | 2023 |  | 2022
Domestic | $ | (406,151) |  |  | $ | (432,235) |  |  | $ | (274,270) |
Foreign | 73,317 |  |  | 47,944 |  |  | 4,173 |
Loss before provision for income taxes | $ | (332,834) |  |  | $ | (384,291) |  |  | $ | (270,097) |
Schedule of Components of Income Tax Expense (Benefit) | The components of provision for income taxes for fiscal 2024, 2023 and 2022 consisted of the following (in thousands):
| Year Ended January 31,
| 2024 |  | 2023 |  | 2022
Current: |  |  |  |  |
State | $ | 150 |  |  | $ | 53 |  |  | $ | 82 |
Foreign | 5,168 |  |  | 3,661 |  |  | 1,011 |
Total current | 5,318 |  |  | 3,714 |  |  | 1,093 |
Deferred: |  |  |  |  |
Federal | — |  |  | (6,754) |  |  | — |
State | — |  |  | (2,913) |  |  | — |
Foreign | 541 |  |  | 340 |  |  | (89) |
Total deferred | 541 |  |  | (9,327) |  |  | (89) |
Total provision for income taxes | $ | 5,859 |  |  | $ | (5,613) |  |  | $ | 1,004 |
Schedule of Effective Income Tax Rate Reconciliation | A reconciliation of the expected provision for (benefit from) income taxes at the statutory federal income tax rate to our recorded provision for income taxes consisted of the following (in thousands):
| Year Ended January 31,
| 2024 |  | 2023 |  | 2022
Benefit from income taxes at US federal statutory rate | $ | (69,895) |  |  | $ | (80,701) |  |  | $ | (56,720) |
State taxes, net of federal benefit | 150 |  |  | 53 |  |  | 82 |
Foreign tax rate differential | 23,179 |  |  | 10,140 |  |  | (1,297) |
Stock-based compensation | 12,367 |  |  | 2,734 |  |  | (23,442) |
Non-deductible expenses | 1,390 |  |  | 1,780 |  |  | 322 |
Research and development credits | (2,251) |  |  | (688) |  |  | (20) |
Change in valuation allowance | 40,525 |  |  | 60,145 |  |  | 81,739 |
Other | 394 |  |  | 924 |  |  | 340 |
Total provision for (benefit from) income taxes | $ | 5,859 |  |  | $ | (5,613) |  |  | $ | 1,004 |
Schedule of Deferred Tax Assets and Liabilities | Significant components of our net deferred tax assets and liabilities as of January 31, 2024 and 2023 consisted of the following (in thousands):
| As of January 31,
| 2024 |  | 2023
Deferred tax assets: |  |  |
Net operating loss carryforwards | $ | 226,971 |  |  | $ | 228,400 |
Research and development expenses | 106,257 |  |  | 72,432 |
Deferred revenue | 36,199 |  |  | 25,643 |
Accruals and reserves | 9,265 |  |  | 6,215 |
Operating lease liabilities | 7,492 |  |  | 9,139 |
Stock-based compensation | 14,300 |  |  | 17,528 |
Other | 7,111 |  |  | 2,622 |
Gross deferred tax assets | 407,595 |  |  | 361,979 |
Valuation allowance | (340,951) |  |  | (291,751) |
Total deferred tax assets | 66,644 |  |  | 70,228 |
Deferred tax liabilities: |  |  |
Acquired intangibles, property and equipment | (28,652) |  |  | (37,170) |
Deferred contract acquisition costs | (30,423) |  |  | (22,868) |
Operating lease right-of-use assets | (6,582) |  |  | (8,162) |
Other | (1,782) |  |  | (2,279) |
Total deferred tax liabilities | (67,439) |  |  | (70,479) |
Net deferred tax assets (liabilities) | $ | (795) |  |  | $ | (251) |
Schedule of Unrecognized Tax Benefits Roll Forward | The changes in the gross amount of unrecognized tax benefits consisted of the following (in thousands):
| As of January 31,
| 2024 |  | 2023 |  | 2022
Balance at beginning of year | $ | 1,013 |  |  | $ | 566 |  |  | $ | 534 |
Gross increases for tax positions of current year | 1,027 |  |  | 447 |  |  | 32 |
Gross increases for tax positions of prior year | 157 |  |  | — |  |  | — |
Balance at end of year | $ | 2,197 |  |  | $ | 1,013 |  |  | $ | 566 |

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