v3.26.1
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jan. 31, 2026
Jan. 31, 2025
Current assets    
Cash and cash equivalents $ 229,441 $ 118,048
Restricted cash and cash equivalents, current 642 6,598
Short-term investments 410,649 104,027
Accounts receivable, net of allowance of $3 and $807, respectively 83,528 55,833
Inventories 6,118 0
Prepaid expenses and other current assets 44,984 17,719
Total current assets 775,362 302,225
Property and equipment, net 150,573 121,749
Capitalized internal-use software, net 21,475 18,974
Goodwill 143,452 136,349
Intangible assets, net 26,633 27,452
Restricted cash and cash equivalents, non-current 5,471 5,348
Operating lease right-of-use assets 14,588 19,752
Other non-current assets 8,132 1,947
Total assets 1,145,686 633,796
Current liabilities    
Accounts payable 10,612 2,604
Accrued and other current liabilities 55,874 42,600
Deferred revenue 220,572 82,275
Liability from early exercise of stock options 1,793 5,378
Operating lease liabilities, current 7,296 9,221
Public and private placement warrant liabilities 173,308 0
Total current liabilities 469,455 142,078
Deferred revenue 27,522 11,182
Deferred hosting costs 4,034 5,368
Public and private placement warrant liabilities 0 18,077
Operating lease liabilities, non-current 8,300 12,392
Contingent consideration 0 2,883
Convertible notes 446,884 0
Other non-current liabilities 1,060 530
Total liabilities 957,255 192,510
Commitments and contingencies (Note 10)
Stockholders’ equity    
Common stock, $0.0001 par value, 570,000,000, 30,000,000 and 30,000,000 Class A, Class B and Class C shares authorized at January 31, 2026 and 2025, 312,421,506 and 278,937,702 Class A shares issued and outstanding at January 31, 2026 and 2025, respectively, 22,909,742 and 21,157,586 Class B shares issued and outstanding at January 31, 2026 and 2025, 0 Class C shares issued and outstanding at January 31, 2026 and 2025 34 28
Additional paid-in capital 1,631,896 1,645,356
Accumulated other comprehensive income (loss) 6,362 (1,097)
Accumulated deficit (1,449,861) (1,203,001)
Total stockholders’ equity 188,431 441,286
Total liabilities and stockholders’ equity $ 1,145,686 $ 633,796