XML 27 R15.htm IDEA: XBRL DOCUMENT v3.25.2
Net Loss Per Share
6 Months Ended
Jul. 31, 2025
Earnings Per Share [Abstract]  
Net Loss per Share Net Loss Per Share
The Company computes net loss per share using the two-class method required for multiple classes of common stock and participating securities. The rights, including the liquidation and dividend rights, of the Class A common
stock and Class B common stock are substantially identical, other than voting and conversion rights. Accordingly, the Class A common stock and Class B common stock share equally in the Company’s net income and losses.
The following table presents the calculation of basic and diluted net loss per share (in thousands, except per share data):
Three Months Ended July 31,Six Months Ended July 31,
2025202420252024
Numerator:
Net loss$(48,360)$(72,189)$(88,378)$(135,911)
Denominator:
Weighted-average shares used in calculating net loss per share, basic and diluted236,218229,760235,550228,430 
Net loss per share, basic and diluted$(0.20)$(0.31)$(0.38)$(0.59)

The potential shares of common stock that were excluded from the computation of diluted net loss per share for the period presented because including them would have been anti-dilutive are as follows (in thousands):
Three Months Ended July 31,Six Months Ended July 31,
2025202420252024
Stock options5,477 9,114 5,477 9,114 
Restricted stock units19,295 24,138 19,295 24,138 
Performance-based restricted stock units944 — 944 — 
Shares issuable pursuant to the 2020 Employee Stock Purchase Plan450 362 450 362 
Total26,166 33,614 26,166 33,614