XML 31 R25.htm IDEA: XBRL DOCUMENT v3.24.3
Stock-Based Compensation (Tables)
9 Months Ended
Oct. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Summary of Stock Option Activity Under Equity Incentive Plans and Related Information

The following table summarizes the stock option activity under the equity incentive plans and related information:

 

 

 

Shares Subject to Options Outstanding

 

 

Weighted-
Average

 

 

 

 

 

 

 

 

 

Weighted-

 

 

Remaining

 

 

 

 

 

 

 

 

 

Average Exercise

 

 

Contractual Life

 

 

Aggregate

 

 

 

Shares

 

 

Price

 

 

(Years)

 

 

Intrinsic Value

 

 

 

 

 

 

 

 

 

 

 

 

(in thousands)

 

Balance as of January 31, 2024

 

 

2,283,543

 

 

$

17.69

 

 

 

2.93

 

 

$

18,975

 

Options exercised

 

 

(963,660

)

 

 

18.63

 

 

 

 

 

 

 

Balance as of October 31, 2024

 

 

1,319,883

 

 

$

17.01

 

 

 

2.38

 

 

$

19,475

 

Exercisable as of October 31, 2024

 

 

1,319,883

 

 

$

17.01

 

 

 

2.38

 

 

$

19,475

 

 

Summary of Restricted Stock Unit Activity Under Equity Incentive Plans and Related Information

The following table summarizes the restricted stock unit activity under the equity incentive plans and related information:

 

 

 

Number of

 

 

Weighted-

 

 

 

Restricted

 

 

Average

 

 

 

Stock Units

 

 

Grant Date

 

 

 

Outstanding

 

 

Fair Value

 

Unvested balance - January 31, 2024

 

 

14,079,595

 

 

$

26.17

 

Granted

 

 

8,825,009

 

 

 

28.63

 

Vested

 

 

(5,742,866

)

 

 

26.02

 

Forfeited/cancelled

 

 

(1,275,966

)

 

 

26.97

 

Unvested balance - October 31, 2024

 

 

15,885,772

 

 

$

27.53

 

Summary of Components of Stock-Based Compensation Expense

The following table summarizes the components of stock-based compensation expense recognized in the condensed consolidated statements of operations (in thousands):

 

 

 

Three Months Ended

 

 

 

Nine Months Ended

 

 

 

October 31,

 

 

 

October 31,

 

 

 

2024

 

 

2023

 

 

 

2024

 

 

2023

 

Cost of revenue

 

$

4,640

 

 

$

4,973

 

 

 

$

13,992

 

 

$

14,688

 

Research and development

 

 

19,925

 

 

 

17,731

 

 

 

 

57,420

 

 

 

53,455

 

Sales and marketing

 

 

19,635

 

 

 

16,810

 

 

 

 

56,591

 

 

 

49,674

 

General and administrative

 

 

11,384

 

 

 

11,380

 

 

 

 

33,854

 

 

 

33,700

 

Total stock-based compensation

 

$

55,584

 

 

$

50,894

 

 

 

$

161,857

 

 

$

151,517