Balance Sheet Components (Tables)

9 Months Ended

Oct. 31, 2024

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Schedule of Property and Equipment, Net

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

	October 31, 2024		January 31, 2024
Data center and other computer equipment	$	694,817	$	525,890
Capitalized internal-use software and website development costs	248,397		183,117
Leasehold improvements	42,083		39,168
Purchased software	15,355		10,907
Furniture and equipment	10,289		8,524
Construction in progress	210,581		190,832
	1,221,522		958,438
Less: Accumulated depreciation and amortization	(474,955)		(338,266)
Property and equipment, net	$	746,567	$	620,172

Schedule of Intangible Assets, Net

Intangible Assets, Net

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

	October 31, 2024						Weighted-Average Remaining  Useful Life
	Gross Carrying Amount		Accumulated Amortization		Net Amount
							(in months)
Developed technology	$	144,849	$	57,666	$	87,183	54
Customer relationships	17,029		7,635		9,394		62
Intellectual property and other acquired intangible assets	15,843		3,066		12,777		115
Total	$	177,721	$	68,367	$	109,354

	January 31, 2024						Weighted-Average Remaining  Useful Life
	Gross Carrying Amount		Accumulated Amortization		Net Amount
							(in months)
Developed technology	$	131,346	$	41,854	$	89,492	60
Customer relationships	17,027		5,825		11,202		68
Intellectual property and other acquired intangible assets	15,842		2,018		13,824		123
Total	$	164,215	$	49,697	$	114,518

Schedule of Estimated Aggregate Future Amortization Expense of Intangible Assets

The estimated aggregate future amortization expense of intangible assets as of October 31, 2024 was as follows (in thousands):

	Total
Fiscal 2025 (remaining three months)	$	6,332
Fiscal 2026	24,240
Fiscal 2027	22,065
Fiscal 2028	21,552
Fiscal 2029	18,799
Thereafter	16,366
Total amortization expense	$	109,354

Schedule of Goodwill

The change in goodwill during the nine months ended October 31, 2024 consisted of the following (in thousands):

	Amounts
Goodwill as of January 31, 2024	$	638,041
Goodwill acquired (1)	83,957
Foreign currency translation	18
Goodwill as of October 31, 2024	$	722,016

(1) Goodwill acquired resulted from the acquisition of Flow Security. Refer to Note 9 for additional information.

Schedule of Accrued Expenses

Accrued expenses consisted of the following (in thousands):

	October 31, 2024		January 31, 2024
Web hosting services	$	50,545	$	40,706
Accrued professional services	28,443		11,867
Accrued marketing	27,387		14,623
Accrued purchases of property and equipment	22,192		16,190
Accrued partner rebates	17,997		4,434
Accrued partner commissions	16,509		13,584
Other accrued expenses	6,658		9,078
Accrued interest expense	4,750		10,375
Accrued health benefits and claims	2,117		5,039
Accrued expenses	$	176,598	$	125,896

Schedule of Accrued Payroll and Benefits

Accrued payroll and benefits consisted of the following (in thousands):

	October 31, 2024		January 31, 2024
Accrued commissions	$	191,241	$	116,870
Accrued payroll and related expenses	59,475		58,579
Employee Stock Purchase Plan	37,748		22,315
Accrued bonuses	36,425		36,860
Accrued payroll and benefits	$	324,889	$	234,624