v3.26.1
Related Party Transactions
12 Months Ended
Jan. 31, 2026
Related Party Transactions [Abstract]  
Related Party Transactions
(14)
Related Party Transactions

As of January 31, 2026 and 2025, Google held 34,422,330 and 31,942,641 shares of the Company’s Class A common stock, respectively, and, as such, owned greater than 10% of outstanding shares of the Company’s Class A common stock.

In April 2017, the Company and Google entered into a five year content license agreement pursuant to which the Company licensed content to Google. In April 2022, the agreement automatically renewed for a period of one year and in April 2023, the agreement expired. For the fiscal year ended January 31, 2024, the Company recognized revenue of $0.3 million, related to the content license agreement.

In July 2023, the Company and Google entered into a one year content license agreement pursuant to which the Company agreed to license content to Google and provide certain of its products and services in exchange for a $1.0 million fee. The agreement does not include extension or renewal terms. In August 2024, the content license agreement was amended to extend the term until November 2024 in exchange for a $0.3 million fee. For the fiscal years ended January 31, 2025 and 2024, the Company recognized revenue of $0.3 million and $1.0 million, respectively, related to the content license agreement.

The Company purchases hosting and other services from Google, of which $9.0 million and $10.6 million is deferred as of January 31, 2026 and 2025, respectively. The Company recorded $26.0 million of expense during the fiscal year ended January 31, 2026 relating to hosting and other services provided by Google, of which $23.4 million was classified as cost of revenue and $2.6 million was classified as research and development. The Company recorded $26.6 million of expense during the fiscal year ended January 31, 2025 relating to hosting and other services provided by Google, of which $23.9 million was classified as cost of revenue and $2.7 million was classified as research and development. The Company recorded $28.7 million of expense during the fiscal year ended January 31, 2024 relating to hosting and other services provided by Google, of which $25.8 million was classified as cost of revenue and $2.9 million was classified as research and development.

As of January 31, 2026 and 2025, the Company’s accrued and other current liabilities balance included $2.5 million and $2.4 million related to hosting and other services provided by Google, respectively.

On June 28, 2021, the Company amended the terms of its hosting agreement with Google. The amendment, among other things, increased the aggregate purchase commitments to $193.0 million. The amended agreement commenced on August 1, 2021 and extends through January 31, 2028. See Note 10 for future Google hosting purchase commitments, including the amended commitments, as of January 31, 2026.