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


	October 31, 2025		January 31, 2025
Data center and other computer equipment	$	969,716	$	755,728
Capitalized internal-use software and website development costs	352,415		265,987
Leasehold improvements	50,151		42,230
Purchased software	17,361		15,876
Furniture and equipment	12,659		10,485
Construction in progress	227,502		220,088
	1,629,804		1,310,394
Less: Accumulated depreciation and amortization	(702,841)		(521,754)
Property and equipment, net	$	926,963	$	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 $175.1 million as of October 31, 2025.

Depreciation and amortization expense of property and equipment was $64.0 million and $49.0 million during the three months ended October 31, 2025 and October 31, 2024, respectively, and $180.9 million and $137.9 million during the nine months ended October 31, 2025 and October 31, 2024, respectively.

There was no impairment of property and equipment during the three and nine months ended October 31, 2025 and October 31, 2024. The Company capitalized $29.5 million and $27.9 million in internal-use software and website development costs during the three months ended October 31, 2025 and October 31, 2024, respectively, and $90.0 million and $70.4 million during the nine months ended October 31, 2025 and October 31, 2024, respectively. Amortization expense associated with internal-use software and website development costs totaled $20.6 million and $14.8 million during the three months ended October 31, 2025 and October 31, 2024, respectively, and $57.7 million and $41.4 million during the nine months ended October 31, 2025 and October 31, 2024, respectively. The net book value of capitalized internal-use software and website development costs was $176.4 million and $144.0 million as of October 31, 2025 and January 31, 2025, respectively.

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


	October 31, 2025						Weighted-Average Remaining Useful Life
	Gross Carrying Amount		Accumulated Amortization		Net Amount
							(in months)
Developed technology	$	202,058	$	83,173	$	118,885	56
Customer relationships	25,368		11,247		14,121		56
Intellectual property and other acquired intangible assets	15,851		4,452		11,399		103
Total	$	243,277	$	98,872	$	144,405


	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 $7.8 million and $6.3 million during the three months ended October 31, 2025 and October 31, 2024, respectively, and $23.1 million and $18.7 million during the nine months ended October 31, 2025 and October 31, 2024, respectively.

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


	Total
Fiscal 2026 (remaining three months)	$	8,190
Fiscal 2027	32,757
Fiscal 2028	32,111
Fiscal 2029	29,091
Fiscal 2030	19,714
Thereafter	22,542
Total future amortization expense	$	144,405

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 nine months ended October 31, 2025 consisted of the following (in thousands):


	Amounts
Goodwill as of January 31, 2025	$	912,805
Goodwill acquired	442,210
Foreign currency translation	(2,088)
Goodwill as of October 31, 2025	$	1,352,927