Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Cash Flows

v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Apr. 30, 2026
Apr. 30, 2025
Cash flows from operating activities:    
Net income (loss) $ 4,181 $ (1,568)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization expense 4,279 4,679
Provision for credit losses 868 1,972
Stock-based compensation, net of amounts capitalized 20,001 21,280
Non-cash lease expense 2,128 1,912
Deferred income taxes 6,169 2,839
Net accretion on marketable securities (142) (999)
Other non-cash items, net (12) 7
Changes in operating assets and liabilities:    
Accounts receivable 81,646 81,199
Prepaid expenses and other assets (6,665) (1,434)
Accounts payable (1,920) (843)
Operating lease liabilities (2,259) (1,945)
Accrued expenses and other liabilities (30,708) (21,456)
Deferred revenue (7,190) (1,867)
Net cash provided by operating activities 70,376 83,776
Cash flows from investing activities:    
Purchases of marketable securities (69,018) (236,676)
Proceeds from sales and maturities of marketable securities 128,916 131,973
Purchases of property and equipment (328) (289)
Capitalized internal-use software (4,233) (2,786)
Other investing activities 0 (262)
Net cash provided by (used in) investing activities 55,337 (108,040)
Cash flows from financing activities:    
Proceeds from issuance of common stock upon exercise of stock options 130 2,847
Payments for repurchase of Class A common shares and related excise tax (125,000) 0
Net cash provided by (used in) financing activities (124,870) 2,847
Effect of exchange rate fluctuations on cash, cash equivalents, and restricted cash (479) 2,985
Net change in cash, cash equivalents, and restricted cash 364 (18,432)
Cash, cash equivalents, and restricted cash at beginning of period 171,508 153,533
Cash, cash equivalents, and restricted cash at end of period 171,872 135,101
Supplemental disclosure of cash flow information:    
Cash paid for income taxes, net of refunds 5,374 5,731
Supplemental disclosure for non-cash investing and financing:    
Right-of-use assets obtained in exchange for operating lease liabilities 0 3,023
Accrued purchases of property and equipment 141 60
Stock-based compensation expense capitalized in internal-use software 706 917
Accrued for share repurchases and related excise tax $ 1,659 $ 1,909