Stock-Based Compensation (Tables)
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6 Months Ended |
Jul. 31, 2026 |
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| Share-Based Payment Arrangement [Abstract] |
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| Schedule of Stock Option Activity |
A summary of the Company’s stock option activity for the six months ended July 31, 2026 is as follows:
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Number of Stock Options |
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Weighted Average Exercise Price |
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Weighted Average Remaining Contractual Life |
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(in thousands) |
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(in years) |
Outstanding as of January 31, 2026 |
13,918 |
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$ |
6.68 |
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|
4.1 |
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| Exercised |
(302) |
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$ |
4.20 |
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Forfeited |
(217) |
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$ |
9.85 |
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| Expired |
— |
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$ |
— |
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Outstanding as of July 31, 2026 |
13,399 |
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$ |
6.69 |
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3.6 |
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Exercisable as of July 31, 2026 |
13,147 |
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$ |
6.57 |
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3.6 |
Vested and expected to vest as of July 31, 2026 |
13,399 |
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$ |
6.69 |
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3.6 |
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| Schedule of RSU Award Activity |
A summary of the Company’s RSU activity for the six months ended July 31, 2026 is as follows:
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Number of RSUs |
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Weighted Average Grant Date Fair Value |
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(in thousands) |
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Outstanding as of January 31, 2026 |
16,619 |
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$ |
8.97 |
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| Granted |
11,124 |
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$ |
5.72 |
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| Vested |
(4,680) |
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$ |
8.90 |
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Cancelled/forfeited |
(2,760) |
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$ |
8.61 |
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Outstanding as of July 31, 2026 |
20,303 |
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$ |
7.25 |
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| Schedule of Performance Based Stock Units |
A summary of the Company’s PSU activity for the six months ended July 31, 2026 is as follows:
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Number of PSUs |
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Weighted Average Grant Date Fair Value |
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(in thousands) |
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Outstanding as of January 31, 2026 |
3,047 |
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$ |
11.11 |
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| Granted |
—
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$ |
— |
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| Vested |
—
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$ |
— |
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Cancelled/forfeited |
(54) |
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$ |
13.42 |
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Outstanding as of July 31, 2026 |
2,993 |
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$ |
11.06 |
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| Schedule of Stock-based Compensation Expense |
Stock-based compensation expense included in operating results was classified as follows:
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Three Months Ended July 31, |
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Six Months Ended July 31, |
| (in thousands) |
2026 |
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2025 |
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2026 |
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2025 |
| Cost of revenue: |
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| Subscription |
$ |
388 |
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$ |
223 |
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$ |
736 |
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$ |
488 |
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| Professional services |
566 |
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|
726 |
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1,344 |
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1,118 |
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| Research and development |
4,046 |
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4,204 |
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8,220 |
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8,090 |
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| Sales and marketing |
4,485 |
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6,124 |
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9,282 |
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12,419 |
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| General and administrative |
10,926 |
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10,027 |
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20,830 |
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19,603 |
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| Restructuring |
— |
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— |
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— |
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|
866 |
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| Stock-based compensation, net of amounts capitalized |
20,411 |
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21,304 |
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40,412 |
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42,584 |
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| Capitalized stock-based compensation |
799 |
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|
388 |
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|
1,505 |
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|
1,305 |
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| Total stock-based compensation |
$ |
21,210 |
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$ |
21,692 |
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$ |
41,917 |
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$ |
43,889 |
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