| Schedule of Financial Instruments Measured at Fair Value on Recurring Basis |
The following tables present information about our financial instruments that are measured at fair value on a recurring basis and indicate the fair value hierarchy of the valuation inputs utilized to determine such fair value: | | | | | | | | | | | | | | | | | | | | | | | | | As of April 30, 2024 | | Fair Value | | Level 1 | | Level 2 | | Level 3 | | | | | | | | | | (in thousands) | | Financial Assets: | | | | | | | | | Money market funds | $ | 1,347,656 | | | $ | 1,347,656 | | | $ | — | | | $ | — | | | Treasury bills | 40,325 | | | — | | | 40,325 | | | — | | | Commercial paper | 9,466 | | | — | | | 9,466 | | | — | | | U.S. government agency securities | 3,504 | | | — | | | 3,504 | | | — | | | Cash equivalents | 1,400,951 | | | 1,347,656 | | | 53,295 | | | — | | | Commercial paper | 19,737 | | | — | | | 19,737 | | | — | | | Agency bonds | 1,746,249 | | | — | | | 1,746,249 | | | — | | | Corporate and other debt securities | 649,789 | | | — | | | 649,789 | | | — | | | U.S. government agency securities | 3,018,280 | | | — | | | 3,018,280 | | | — | | | Treasury bills | 54,682 | | | — | | | 54,682 | | | — | | | Marketable securities | 5,488,737 | | | — | | | 5,488,737 | | | — | | | | | | | | | | | | | | | | | | | Certificates of deposit included in other assets, noncurrent | 253 | | | — | | | 253 | | | — | | | Publicly held equity securities included in strategic investments | 24,200 | | | 24,200 | | | — | | | — | | | Privately held debt securities included in strategic investments | 3,864 | | | — | | | — | | | 3,864 | | | Total financial assets | $ | 6,918,005 | | | $ | 1,371,856 | | | $ | 5,542,285 | | | $ | 3,864 | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | As of January 31, 2024 | | Fair Value | | Level 1 | | Level 2 | | Level 3 | | | | | | | | | | (in thousands) | | Financial Assets: | | | | | | | | | Money market funds | $ | 851,100 | | | $ | 851,100 | | | $ | — | | | $ | — | | | Treasury bills | 100,629 | | | — | | | 100,629 | | | — | | | Corporate debt securities | 2,715 | | | — | | | 2,715 | | | — | | | Agency bonds | 20,155 | | | — | | | 20,155 | | | — | | | Cash equivalents | 974,599 | | | 851,100 | | | 123,499 | | | — | | | Commercial paper | 41,564 | | | — | | | 41,564 | | | — | | | Agency bonds | 1,666,683 | | | — | | | 1,666,683 | | | — | | | Corporate and other debt securities | 663,159 | | | — | | | 663,159 | | | — | | | U.S. government agency securities | 3,004,842 | | | — | | | 3,004,842 | | | — | | | Treasury bills | 27,985 | | | — | | | 27,985 | | | — | | | Marketable securities | 5,404,233 | | | — | | | 5,404,233 | | | — | | | | | | | | | | | | | | | | | | | Certificates of deposit included in other assets, noncurrent | 254 | | | — | | | 254 | | | — | | | Publicly held equity securities included in strategic investments | 23,160 | | | 23,160 | | | — | | | — | | | Privately held debt securities included in strategic investments | 3,828 | | | — | | | — | | | 3,828 | | | Total financial assets | $ | 6,406,074 | | | $ | 874,260 | | | $ | 5,527,986 | | | $ | 3,828 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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