Annual report [Section 13 and 15(d), not S-K Item 405]

Balance Sheet Components

v3.26.1
Balance Sheet Components
 12 Months Ended
Jan. 31, 2026
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Balance Sheet Components Balance Sheet Components
Prepaid Expenses and Other Current Assets
Prepaid expenses and other current assets consisted of the following:
January 31,
(in thousands) 2026 2025
Capitalized commissions costs, current portion $ 63,136  $ 39,353 
Contract assets 10,580  1,860 
Prepaid software costs 9,203  10,251 
Prepaid hosting and data costs 2,504  20,761 
Other 21,970  12,757 
Prepaid expenses and other current assets $ 107,393  $ 84,982 
Property and Equipment, Net
Property and equipment, net consisted of the following:
January 31,
(in thousands) 2026 2025
Computer equipment $ 18,330  $ 18,734 
Office furniture and other 6,900  6,438 
Leasehold improvements 10,516  10,256 
Less accumulated depreciation and amortization (27,612) (24,788)
Total fixed assets, net 8,134  10,640 
Capitalized internal-use software 82,406  63,695 
Less accumulated amortization (57,086) (42,744)
Total capitalized internal-use software, net 25,320  20,951 
Property and equipment, net $ 33,454  $ 31,591 
Depreciation and amortization expense consisted of the following:
Year Ended January 31,
(in thousands) 2026 2025 2024
Depreciation and amortization expense $ 4,722  $ 6,000  $ 5,961 
Amortization expense for capitalized internal-use software $ 14,342  $ 12,679  $ 9,505 
The Company capitalized internal-use software costs, including stock-based compensation, of $18.7 million, $15.2 million and $14.2 million, for the fiscal years ended January 31, 2026, 2025, and 2024, respectively.
Accrued Expenses and Other Current Liabilities
Accrued expenses and other current liabilities consisted of the following:
January 31,
(in thousands) 2026 2025
Accrued compensation and benefits(1)
$ 62,729  $ 52,006 
Accrued taxes payable 18,186  17,724 
Other 10,623  9,555 
Accrued expenses and other current liabilities $ 91,538  $ 79,285 
(1) Includes $0.8 million and $1.0 million of accrued employee contributions under the Company’s 2021 ESPP as of January 31, 2026 and 2025, respectively. Refer to Note 11, Stock-Based Compensation, for further discussion of the Company's ESPP.