v3.24.2.u1
Common Stock and Stockholders' Equity (Tables)
 6 Months Ended
Jul. 31, 2024
Equity [Abstract]  
Summary of Shares of Common Stock Reserved for Future Issuance
Shares of common stock reserved for future issuance are as follows:

July 31, 2024
Outstanding stock options and unvested RSUs and PSUs14,835,965 
Available for future stock option, RSU, and PSU grants19,919,771 
Available for Employee Stock Purchase Plan (“ESPP”)3,984,879 
Total common stock reserved for future issuance as of July 31, 2024
38,740,615 
Schedule of Restricted Stock Unit Activity
A summary of the Company’s RSU activity and related information is as follows:

Number of RSUsWeighted
Average Grant Date Fair Value Per Share
Outstanding at January 31, 20247,412,056 $31.08 
Granted3,546,546 $21.70 
Vested(1,721,813)$29.89 
Forfeited or canceled(687,893)$31.20 
Outstanding at July 31, 20248,548,896 $27.43 
Schedule of Restricted Stock Unit Activity
A summary of the Company’s PSU activity and related information is as follows:

Number of PSUsWeighted
Average Grant Date Fair Value Per Share
Outstanding at January 31, 2024541,992 $35.08 
Granted(1)
781,813 $21.62 
Vested(9,050)$41.17 
Forfeited or canceled(45,108)$39.02 
Performance adjustment for 2023 PSU Awards(487,834)$34.98 
Outstanding at July 31, 2024781,813 $27.73 
(1) This amount represents awards granted at 100% attainment.
Schedule of Stock-based Compensation Expense
Stock-based compensation expense included in the Company’s condensed consolidated statements of operations was as follows for the periods indicated (in thousands):
Three months ended July 31,Six months ended July 31,
2024202320242023
Cost of revenue$1,508 $2,164 $3,264 $4,040 
Research and development11,842 12,773 23,064 22,874 
Sales and marketing8,116 8,317 16,063 14,268 
General and administrative10,900 12,283 22,915 21,900 
Total stock-based compensation expense
$32,366 $35,537 $65,306 $63,082