v3.25.2
Financing Receivables
 6 Months Ended
Jul. 31, 2025
Receivables [Abstract]  
Financing Receivables Financing Receivables
The Company’s short-term and long-term financing receivables were as follows (in thousands):
July 31, 2025January 31, 2025
Short-term financing receivables, gross$45,245 $9,579 
Unearned income(6,802)(2,339)
Allowance for credit losses(616)(76)
Short-term financing receivables, net$37,827 $7,164 
Long-term financing receivables, gross$108,952 $43,235 
Unearned income(8,514)(5,051)
Allowance for credit losses(887)(342)
Long-term financing receivables, net$99,551 $37,842 
The Company’s amortized cost basis of financing receivables categorized by internal risk rating and year of origination was as follows (in thousands):
July 31, 2025January 31, 2025
Fiscal Year of OriginationFiscal Year of Origination
Internal Risk Rating(1)
20262025Total20262025Total
1 to 4$61,918 $18,890 $80,808 $— $18,413 $18,413 
5 to 632,889 25,184 58,073 — 27,011 27,011 
7 to 9— — — — — — 
Amortized cost basis of financing receivables$94,807 $44,074 $138,881 $— $45,424 $45,424 
(1)Internal risk ratings are determined based on the end-user’s financial condition and are categorized as 1 through 9, with the lowest rating representing the highest quality. Credit quality indicators are generally updated at least annually, or more frequently to the extent required by economic conditions.
There was no significant activity in allowance for credit losses during the three and six months ended July 31, 2025. There were no financing receivables through July 31, 2024. There were no past due amounts on financing receivables as of July 31, 2025. Past due amounts on financing receivables as of January 31, 2025 were immaterial