Property and equipment, net consisted of the following (in thousands):


	July 31, 2025		January 31, 2025
Data center and other computer equipment	$	896,236	$	755,728
Capitalized internal-use software and website development costs	327,606		265,987
Leasehold improvements	44,510		42,230
Purchased software	16,789		15,876
Furniture and equipment	11,006		10,485
Construction in progress	214,608		220,088
	1,510,755		1,310,394
Less: Accumulated depreciation and amortization	(641,515)		(521,754)
Property and equipment, net	$	869,240	$	788,640

Construction in progress primarily includes data center equipment purchased that has not yet been placed in service. Data center equipment that was purchased but not yet been placed into service was $171.4 million as of July 31, 2025.

Depreciation and amortization expense of property and equipment was $60.4 million and $46.2 million during the three months ended July 31, 2025 and July 31, 2024, respectively, and $116.8 million and $88.9 million during the six months ended July 31, 2025 and July 31, 2024, respectively.

There was no impairment of property and equipment during the three and six months ended July 31, 2025 and July 31, 2024. The Company capitalized $31.0 million and $25.0 million in internal-use software and website development costs during the three months ended July 31, 2025 and July 31, 2024, respectively, and $60.6 million and $42.5 million during the six months ended July 31, 2025 and July 31, 2024, respectively. Amortization expense associated with internal-use software and website development costs totaled $19.6 million and $13.8 million during the three months ended July 31, 2025 and July 31, 2024, respectively, and $37.1 million and $26.6 million during the six months ended July 31, 2025 and July 31, 2024, respectively. The net book value of capitalized internal-use software and website development costs was $167.5 million and $144.0 million as of July 31, 2025 and January 31, 2025, respectively.

Total intangible assets, net consisted of the following (dollars in thousands):


	July 31, 2025						Weighted-Average Remaining Useful Life
	Gross Carrying Amount		Accumulated Amortization		Net Amount
							(in months)
Developed technology	$	168,487	$	76,589	$	91,898	50
Customer relationships	24,560		10,342		14,218		60
Intellectual property and other acquired intangible assets	15,849		4,107		11,742		108
Total	$	208,896	$	91,038	$	117,858


	January 31, 2025						Weighted-Average Remaining Useful Life
	Gross Carrying Amount		Accumulated Amortization		Net Amount
							(in months)
Developed technology	$	168,416	$	63,783	$	104,633	55
Customer relationships	24,502		8,454		16,048		65
Intellectual property and other acquired intangible assets	15,837		3,404		12,433		112
Total	$	208,755	$	75,641	$	133,114

Amortization expense of intangible assets was $7.6 million and $6.3 million during the three months ended July 31, 2025 and July 31, 2024, respectively, and $15.3 million and $12.3 million during the six months ended July 31, 2025 and July 31, 2024, respectively.

The estimated aggregate future amortization expense of intangible assets as of July 31, 2025 was as follows (in thousands):


	Total
Fiscal 2026 (remaining six months)	$	14,171
Fiscal 2027	27,248
Fiscal 2028	26,735
Fiscal 2029	23,982
Fiscal 2030	14,605
Thereafter	11,117
Total future amortization expense	$	117,858

Developed technology, customer relationships, intellectual property and other acquired intangible assets are amortized over their estimated useful lives, generally on a straight-line basis, for periods ranging from 2 to 20 years.

The change in goodwill during the six months ended July 31, 2025 consisted of the following (in thousands):


	Amounts

Goodwill as of January 31, 2025	$	912,805


Foreign currency translation	520
Goodwill as of July 31, 2025	$	913,325