v3.25.4
Subsequent Events
12 Months Ended
Jan. 31, 2026
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
Subsequent to January 31, 2026 and through March 4, 2026, the Company repurchased 143,801 shares of its Class A common stock under the Share Repurchase Program at an average price of $351.97 per share, for an aggregate purchase price of $50.6 million. As of March 4, 2026, approximately $949.4 million remained available for future share repurchases under the Share Repurchase Program.
On January 7, 2026, the Company entered into a definitive agreement to acquire 100% of the equity interest of SGNL.AI, Inc., a leader in continuous identity. The acquisition closed on February 20, 2026. The total consideration transferred consisted of $627.9 million in cash, net of $9.4 million of cash acquired, and $8.9 million representing the fair value of replacement equity awards attributable to pre-acquisition service, subject to customary net working capital and purchase price adjustments. The cash consideration included cash held back in an escrow fund for a partial security for post-closing indemnification claims. The Company is currently finalizing the intangible assets valuation and purchase price allocation.
On January 12, 2026, the Company entered into a definitive agreement to acquire 100% of the equity interest of Seraphic Algorithms Ltd. (“Seraphic”), a leader in browser runtime security. The acquisition closed on February 3, 2026. The total consideration transferred consisted of $327.4 million in cash, net of $1.1 million of cash and restricted cash acquired, and $13.9 million representing the fair value of replacement equity awards attributable to pre-acquisition service, subject to customary net working capital and purchase price adjustments.