v3.25.3
Strategic Plan
 9 Months Ended
Oct. 31, 2025
Restructuring and Related Activities [Abstract]  
Strategic Plan Strategic Plan
On May 6, 2025, the Company announced a strategic plan (the “Plan”) to evolve its operations to yield greater efficiencies as the Company continues to scale its business with focus and discipline to meet its goals. The Plan resulted in a reduction of roles representing approximately 500 positions, or 5%, of the Company’s global workforce.
The actions associated with the Plan were substantially completed as of October 31, 2025. For the three months ended October 31, 2025, the Company recorded immaterial charges related to the Plan. For the nine months ended October 31, 2025, the Company recorded charges related to the Plan of $45.5 million, which consisted of $20.6 million related to severance payments and employee benefits, $17.8 million related to stock-based compensation expense, and $7.0 million for non-employee costs.
Charges (benefits) related to the Plan included in the condensed consolidated statement of operations are as follows (in thousands):
Three Months Ended October 31, 2025Nine Months Ended October 31, 2025
Subscription cost of revenue$(6)$3,557 
Professional services cost of revenue26 3,371 
Sales and marketing417 9,140 
Research and development91 16,787 
General and administrative(62)12,616 
Total$466 $45,471 
The following table summarizes the activities related to the Plan for the three and nine months ended October 31, 2025 (in thousands):
Three Months Ended October 31, 2025Nine Months Ended October 31, 2025
Severance and Related CostsNon-Employee CostsTotalSeverance and Related CostsNon-Employee CostsTotal
Liability, beginning of the period$2,093 $46 $2,139 $— $— $— 
Charges (benefits)486 (20)466 38,469 7,002 45,471 
Payments(1,437)(10)(1,447)(19,426)(6,986)(26,412)
Non-cash items74 — 74 (17,827)— (17,827)
Liability, end of the period$1,216 $16 $1,232 $1,216 $16 $1,232 
As of October 31, 2025, the liability associated with the Plan is included in accrued payroll and benefits and accounts payable on the condensed consolidated balance sheet.