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Goodwill and Intangible Assets
 3 Months Ended
Apr. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
Goodwill
The change in the carrying amounts of goodwill was as follows:
Balance, January 31, 2024$838,869 
Acquisitions68,439 
Translation adjustments205 
Balance, April 30, 2024$907,513 
Intangible assets
Intangible assets, net are as follows:
As of January 31, 2024As of April 30, 2024
Gross
Amount		Accumulated
Amortization		Net Carrying
Amount		Gross
Amount		Accumulated
Amortization		Net Carrying
Amount
Developed technology$83,468 $(38,010)$45,458 $88,080 $(36,160)$51,920 
Customer relationships91,704 (22,085)69,619 114,076 (24,508)89,568 
Trademarks and trade name14,624 (14,624)— 413 (43)370 
Other919 (424)495 1,369 (522)847 
$190,715 $(75,143)$115,572 $203,938 $(61,233)$142,705 
During the three months ended April 30, 2023 and 2024, the Company wrote off approximately $0.0 million and $20.6 million of fully amortized intangible assets and the corresponding accumulated amortization, respectively.
The Company recognized amortization expense for intangible assets as follows:
Three Months Ended April 30,
20232024
Cost of subscription revenues$4,251 $4,118 
Cost of professional services and other revenues82 82 
Sales and marketing2,772 2,482 
Total amortization expense$7,105 $6,682 
During the third quarter of fiscal 2024, the Company rebranded the SimpleNexus solution to nCino Mortgage, resulting in a change to the trade name useful life and recorded incremental amortization of $10.1 million to fully amortize the remaining trade name intangible asset.
The expected future amortization expense for intangible assets as of April 30, 2024 is as follows:
Fiscal Year Ending January 31,
2025 (remaining)$22,034 
202628,860 
202727,593 
202813,135 
202913,035 
Thereafter38,048 
$142,705 
The expected amortization expense is an estimate. Actual amounts of amortization expense may differ from estimated amounts due to additional intangible asset acquisitions, changes in foreign currency exchange rates, impairment of intangible assets, future changes to expected asset lives of intangible assets, and other events.