v3.25.3
Financing Receivables
 9 Months Ended
Oct. 31, 2025
Receivables [Abstract]  
Financing Receivables Financing Receivables
The Company’s short-term and long-term financing receivables were as follows (in thousands):
October 31, 2025January 31, 2025
Short-term financing receivables, gross$54,003 $9,579 
Unearned income(8,534)(2,339)
Allowance for credit losses(997)(76)
Short-term financing receivables, net$44,472 $7,164 
Long-term financing receivables, gross$141,862 $43,235 
Unearned income(9,906)(5,051)
Allowance for credit losses(1,439)(342)
Long-term financing receivables, net$130,517 $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):
October 31, 2025January 31, 2025
Fiscal Year of OriginationFiscal Year of Origination
Internal Risk Rating(1)
20262025Total2025Total
1 to 4$83,298 $19,135 $102,433 $18,413 $18,413 
5 to 644,046 25,135 69,181 27,011 27,011 
7 to 95,811 — 5,811 — — 
Amortized cost basis of financing receivables$133,155 $44,270 $177,425 $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 nine months ended October 31, 2025. There were no financing receivables through October 31, 2024. There were no past due amounts on financing receivables as of October 31, 2025. Past due amounts on financing receivables as of January 31, 2025 were immaterial.