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Stock-Based Compensation (Tables)
9 Months Ended
Oct. 31, 2025
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, 2025

 

 

1,012,385

 

 

$

17.90

 

 

 

2.80

 

 

$

15,679

 

Options exercised

 

 

(83,033

)

 

 

17.52

 

 

 

 

 

 

 

Balance as of October 31, 2025

 

 

929,352

 

 

$

17.94

 

 

 

2.27

 

 

$

13,154

 

Exercisable as of October 31, 2025

 

 

929,352

 

 

$

17.94

 

 

 

2.27

 

 

$

13,154

 

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

The following table summarizes the restricted stock unit activity, inclusive of performance-based and market-based restricted stock units, under the equity incentive plans and related information:

 

 

 

Number of

 

 

Weighted-

 

 

 

Restricted

 

 

Average

 

 

 

Stock Units

 

 

Grant Date

 

 

 

Outstanding

 

 

Fair Value

 

Unvested balance - January 31, 2025

 

 

14,676,374

 

 

$

28.04

 

Granted

 

 

7,913,383

 

 

 

30.97

 

Vested

 

 

(6,044,547

)

 

 

28.08

 

Forfeited/cancelled

 

 

(1,206,617

)

 

 

28.01

 

Unvested balance - October 31, 2025

 

 

15,338,593

 

 

$

29.54

 

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,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Cost of revenue

 

$

5,602

 

 

$

4,640

 

 

$

16,100

 

 

$

13,992

 

Research and development

 

 

20,316

 

 

 

19,925

 

 

 

60,502

 

 

 

57,420

 

Sales and marketing

 

 

20,095

 

 

 

19,635

 

 

 

57,641

 

 

 

56,591

 

General and administrative

 

 

13,295

 

 

 

11,384

 

 

 

40,717

 

 

 

33,854

 

Total stock-based compensation

 

$

59,308

 

 

$

55,584

 

 

$

174,960

 

 

$

161,857