v3.26.1
Stockholders’ Equity and Equity Incentive Plans (Tables)
3 Months Ended
Apr. 30, 2026
Equity [Abstract]  
Schedule of Stock Option Activity Under Equity Incentive Plan
A summary of stock option activity under our equity incentive plan and related information is as follows:
 Stock Options
Outstanding
Stock
Options
Weighted-
Average
Exercise
Price
Weighted-
Average
Remaining
Contractual
Life (Years)
Aggregate
Intrinsic
Value
(in thousands, except share, life, and per share data)
Balance as of January 31, 20261,542,753 $11.81 2.2$124,080 
Exercised(248,640) $2.03 $19,837 
Canceled/forfeited/expired— $— 
Outstanding and exercisable as of April 30, 2026
1,294,113  $13.69 2.2$108,007 
Schedule of Restricted Stock Units (RSUs) Activity Under Equity Incentive Plan
A summary of RSU activity under our equity incentive plan and related information is as follows:
RSUs
RSUsWeighted-
Average
Grant Date Fair Value Per Share
Unvested as of January 31, 202620,106,305 $75.51 
Granted5,217,795 $82.69 
Vested(2,642,984)$74.63 
Canceled/forfeited(818,494)$75.86 
Unvested as of April 30, 202621,862,622 $77.32 
Schedule of Stock-based Compensation Expense
The stock-based compensation expense by line item in the accompanying condensed consolidated statements of operations is summarized as follows:
Three Months Ended April 30,
20262025
(in thousands)
Cost of revenue$20,963 $27,427 
Research and development71,026 72,936 
Sales and marketing58,039 68,433 
General and administrative28,925 32,773 
Total stock-based compensation expense$178,953 $201,569 
Benefit from income taxes(33,697)(38,161)
Total stock-based compensation expense recorded to net income$145,256 $163,408