v3.21.2
Revenue, Deferred Revenue and Remaining Performance Obligations (Tables)
6 Months Ended
Jul. 31, 2021
Revenue from Contract with Customer [Abstract]  
Summary of revenue from contracts by type of customer The following table summarizes the revenue from contracts by type of customer (in thousands, except percentages):
Three Months Ended July 31,Six Months Ended July 31,
2021202020212020
Amount% RevenueAmount% RevenueAmount% RevenueAmount% Revenue
Channel Partners$251,768 75 %$153,412 77 %$478,823 75 %$283,692 75 %
Direct Customers85,922 25 %45,559 23 %161,710 25 %93,357 25 %
Total revenue$337,690 100 %$198,971 100 %$640,533 100 %$377,049 100 %
Summary of revenue by region based on the shipping address of customers The following table summarizes the revenue by region based on the shipping address of customers who have contracted to use the Company’s platform or service (in thousands, except percentages):
Three Months Ended July 31,Six Months Ended July 31,
2021202020212020
Amount% RevenueAmount% RevenueAmount% RevenueAmount% Revenue
United States$244,668 72 %$141,733 71 %$464,470 73 %$271,214 72 %
Europe, Middle East, and Africa46,550 14 %28,552 14 %88,199 14 %53,594 14 %
Asia Pacific32,998 10 %17,733 %61,998 %32,634 %
Other13,474 %10,953 %25,866 %19,607 %
Total revenue$337,690 100 %$198,971 100 %$640,533 100 %$377,049 100 %
Summary of changes in deferred revenue Changes in deferred revenue were as follows (in thousands):
Three Months Ended July 31,Six Months Ended July 31,
2021202020212020
Carrying Amount
Beginning Balance$1,021,991 $635,973 $911,895 $571,168 
Additions to deferred revenue480,056 252,838 892,995 495,721 
Recognition of deferred revenue(337,690)(198,971)(640,533)(377,049)
Ending Balance$1,164,357 $689,840 $1,164,357 $689,840 
Summary of the activity of deferred contract acquisition costs The following table summarizes the activity of deferred contract acquisition costs (in thousands):
Three Months Ended July 31,Six Months Ended July 31,
2021202020212020
Beginning balance$210,780 $123,318 $198,756 $114,206 
Capitalization of contract acquisition costs51,176 26,425 87,576 48,988 
Amortization of deferred contract acquisition costs(26,043)(14,720)(50,419)(28,171)
Ending balance$235,913 $135,023 $235,913 $135,023 
Deferred contract acquisition costs, current$95,470 $53,837 $95,470 $53,837 
Deferred contract acquisition costs, noncurrent140,443 81,186 140,443 81,186 
Total deferred contract acquisition costs$235,913 $135,023 $235,913 $135,023