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Fair Value of Financial Instruments (Tables)
9 Months Ended
Oct. 31, 2025
Fair Value Disclosures [Abstract]  
Summary of Estimated Fair Value Disclosure Requirements

Financial assets and liabilities subject to the fair value disclosure requirements were as follows (in thousands):

 

 

 

October 31, 2025

 

 

 

Level 1

 

 

Level 2

 

 

Total

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

Money market funds

 

$

228,982

 

 

$

 

 

$

228,982

 

Short-term investments:

 

 

 

 

 

 

 

 

 

U.S. treasury securities

 

 

96,482

 

 

 

 

 

 

96,482

 

Other current assets:

 

 

 

 

 

 

 

 

 

Forward contracts designated as cash flow hedges

 

 

 

 

 

7,034

 

 

 

7,034

 

Forward contracts not designated as cash flow hedges

 

 

 

 

 

1,574

 

 

 

1,574

 

Total current assets

 

 

325,464

 

 

 

8,608

 

 

 

334,072

 

Other assets, non-current:

 

 

 

 

 

 

 

 

 

Forward contracts designated as cash flow hedges

 

 

 

 

 

1,500

 

 

 

1,500

 

Total assets

 

$

325,464

 

 

$

10,108

 

 

$

335,572

 

 

 

 

 

 

 

 

 

 

 

Other current liabilities:

 

 

 

 

 

 

 

 

 

Forward contracts designated as cash flow hedges

 

$

 

 

$

(282

)

 

$

(282

)

Forward contracts not designated as cash flow hedges

 

 

 

 

 

(249

)

 

 

(249

)

Total current liabilities

 

 

 

 

 

(531

)

 

 

(531

)

 

 

 

January 31, 2025

 

 

 

Level 1

 

 

Level 2

 

 

Total

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

Money market funds

 

$

188,307

 

 

$

 

 

$

188,307

 

Short-term investments:

 

 

 

 

 

 

 

 

 

U.S. treasury securities

 

 

98,241

 

 

 

 

 

 

98,241

 

Total cash equivalents and short-term investments

 

$

286,548

 

 

$

 

 

$

286,548

 

As of January 31, 2025, forward contracts in total assets and total liabilities were not material.

Summary of Contractual Maturities of Cash Equivalents and Short-Term Investments

As of October 31, 2025, remaining contractual maturities of our cash equivalents and short-term investments were as follows (in thousands):

 

 

 

October 31, 2025

 

Due within one year

 

$

307,277

 

Due between one to five years

 

 

18,187

 

Total

 

$

325,464