Workday (WDAY) 10-Q 25 May 23 2024 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares shares in Millions	3 Months Ended
	Apr. 30, 2023	May 23, 2023
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Apr. 30, 2023
Document Transition Report	false
Entity File Number	001-35680
Entity Registrant Name	WORKDAY, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	20-2480422
Entity Address, Address Line One	6110 Stoneridge Mall Road
Entity Address, City or Town	Pleasanton
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	94588
City Area Code	925
Local Phone Number	951-9000
Title of 12(b) Security	Class A Common Stock, par value $0.001
Trading Symbol	WDAY
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Central Index Key	0001327811
Current Fiscal Year End Date	--01-31
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q1
Amendment Flag	false
Class A
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		206
Class B
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		55

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Apr. 30, 2023	Jan. 31, 2023
Current assets:
Cash and cash equivalents	$ 1,443,651	$ 1,886,311
Marketable securities	4,885,310	4,235,083
Trade and other receivables, net	1,089,286	1,570,086
Deferred costs	191,966	191,054
Prepaid expenses and other current assets	262,880	225,690
Total current assets	7,873,093	8,108,224
Property and equipment, net	1,218,117	1,201,254
Operating lease right-of-use assets	254,659	249,278
Deferred costs, noncurrent	405,983	420,988
Acquisition-related intangible assets, net	284,261	305,465
Goodwill	2,840,044	2,840,044
Other assets	376,639	360,985
Total assets	13,252,796	13,486,238
Current liabilities:
Accounts payable	113,263	153,751
Accrued expenses and other current liabilities	227,495	260,131
Accrued compensation	380,773	563,548
Unearned revenue	3,227,550	3,559,393
Operating lease liabilities	95,008	91,343
Total current liabilities	4,044,089	4,628,166
Debt, noncurrent	2,976,889	2,975,934
Unearned revenue, noncurrent	62,200	74,540
Operating lease liabilities, noncurrent	183,015	181,799
Other liabilities	44,740	40,231
Total liabilities	7,310,933	7,900,670
Stockholders’ equity:
Common stock	261	259
Additional paid-in capital	9,195,197	8,828,639
Treasury stock	(185,047)	(185,047)
Accumulated other comprehensive income (loss)	42,650	53,051
Accumulated deficit	(3,111,198)	(3,111,334)
Total stockholders’ equity	5,941,863	5,585,568
Total liabilities and stockholders’ equity	$ 13,252,796	$ 13,486,238

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands		3 Months Ended
		Apr. 30, 2023	Apr. 30, 2022
Revenues:
Total revenues		$ 1,684,312	$ 1,434,657
Costs and expenses:
Product development	[1]	600,457	541,509
Sales and marketing	[1]	518,637	429,301
General and administrative	[1]	167,574	133,869
Total costs and expenses		1,704,112	1,507,500
Operating income (loss)		(19,800)	(72,843)
Other income (expense), net		26,709	(20,163)
Income (loss) before provision for (benefit from) income taxes		6,909	(93,006)
Provision for (benefit from) income taxes		6,773	9,167
Net income (loss)		$ 136	$ (102,173)
Net income (loss) per share, basic (in dollars per share)		$ 0	$ (0.41)
Net income (loss) per share, diluted (in dollars per share)		$ 0	$ (0.41)
Weighted-average shares used to compute net income (loss) per share, basic (in shares)		258,820	251,743
Weighted-average shares used to compute net income (loss) per share, diluted (in shares)		261,371	251,743
Subscription services
Revenues:
Total revenues		$ 1,527,909	$ 1,272,076
Costs and expenses:
Total costs and expenses	[1]	239,027	232,922
Professional services
Revenues:
Total revenues		156,403	162,581
Costs and expenses:
Total costs and expenses	[1]	$ 178,417	$ 169,899
[1] (1) Costs and expenses include share-based compensation expenses as follows: Three Months Ended April 30, 2023 2022 Costs of subscription services $ 29,262 $ 26,230 Costs of professional services 30,040 27,584 Product development 169,934 153,304 Sales and marketing 80,123 59,169 General and administrative 60,101 45,219 Total share-based compensation expenses $ 369,460 $ 311,506

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Operations (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2023	Apr. 30, 2022
Total share-based compensation expenses	$ 369,460	$ 311,506
Costs of subscription services
Total share-based compensation expenses	29,262	26,230
Costs of professional services
Total share-based compensation expenses	30,040	27,584
Product development
Total share-based compensation expenses	169,934	153,304
Sales and marketing
Total share-based compensation expenses	80,123	59,169
General and administrative
Total share-based compensation expenses	$ 60,101	$ 45,219

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2023	Apr. 30, 2022
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 136	$ (102,173)
Other comprehensive income (loss):
Net change in foreign currency translation adjustment	(758)	(1,922)
Net change in unrealized gains (losses) on available-for-sale debt securities	6,066	(8,924)
Net change in unrealized gains (losses) on cash flow hedges, net of tax provision of $2,077 and $0, respectively	(15,709)	46,246
Other comprehensive income (loss)	(10,401)	35,400
Comprehensive income (loss)	$ (10,265)	$ (66,773)

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Comprehensive Income (Loss) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2023	Apr. 30, 2022
Statement of Comprehensive Income [Abstract]
Change in unrealized gain (losses) on cash flow hedges, tax provision	$ 2,077	$ 0

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Stockholders' Equity - USD ($) shares in Thousands, $ in Thousands	Total	Common stock:	Additional paid-in capital:	Treasury stock:	Accumulated other comprehensive income (loss):	Accumulated deficit:
Balance, beginning (in shares) at Jan. 31, 2022		251,209
Balance, beginning at Jan. 31, 2022		$ 251	$ 7,284,174	$ (12,467)	$ 7,709	$ (2,744,585)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock under employee equity plans, net of shares withheld for employee taxes (in shares)		2,470
Issuance of common stock under employee equity plans, net of shares withheld for employee taxes		$ 2	988
Share-based compensation			311,506
Exercise of convertible senior notes hedges			119	(117)
Other comprehensive income (loss)	$ 35,400				35,400
Net income (loss)	(102,173)					(102,173)
Settlement of convertible senior notes (in shares)		1
Purchase of treasury stock from the exercise of convertible senior notes hedges (in shares)		(1)
Balance, ending (in shares) at Apr. 30, 2022		253,679
Balance, ending at Apr. 30, 2022	4,780,807	$ 253	7,596,787	(12,584)	43,109	(2,846,758)
Balance, beginning (in shares) at Jan. 31, 2022		251,209
Balance, beginning at Jan. 31, 2022		$ 251	7,284,174	(12,467)	7,709	(2,744,585)
Balance, ending (in shares) at Jan. 31, 2023		257,991
Balance, ending at Jan. 31, 2023	5,585,568	$ 259	8,828,639	(185,047)	53,051	(3,111,334)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock under employee equity plans, net of shares withheld for employee taxes (in shares)		2,417
Issuance of common stock under employee equity plans, net of shares withheld for employee taxes		$ 2	(2,902)
Share-based compensation			369,460
Exercise of convertible senior notes hedges			0	0
Other comprehensive income (loss)	(10,401)				(10,401)
Net income (loss)	136					136
Settlement of convertible senior notes (in shares)		0
Purchase of treasury stock from the exercise of convertible senior notes hedges (in shares)		0
Balance, ending (in shares) at Apr. 30, 2023		260,408
Balance, ending at Apr. 30, 2023	$ 5,941,863	$ 261	$ 9,195,197	$ (185,047)	$ 42,650	$ (3,111,198)

Condensed Consolidated Statem_6

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2023	Apr. 30, 2022
Cash flows from operating activities:
Net income (loss)	$ 136	$ (102,173)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation and amortization	70,441	89,846
Share-based compensation expenses	369,460	311,506
Amortization of deferred costs	48,888	39,427
Non-cash lease expense	23,874	22,048
(Gains) losses on investments	8,141	8,080
Other	(37,588)	709
Changes in operating assets and liabilities:
Trade and other receivables, net	473,315	462,964
Deferred costs	(34,795)	(41,729)
Prepaid expenses and other assets	(18,812)	(23,997)
Accounts payable	(58,310)	6,910
Accrued expenses and other liabilities	(223,314)	(30,873)
Unearned revenue	(344,120)	(303,001)
Net cash provided by (used in) operating activities	277,316	439,717
Cash flows from investing activities:
Purchases of marketable securities	(1,887,890)	(2,010,619)
Maturities of marketable securities	1,231,829	601,475
Sales of marketable securities	22,183	5,130
Owned real estate projects	(322)	(20)
Capital expenditures, excluding owned real estate projects	(58,776)	(58,750)
Purchase of other intangible assets	(9,500)	0
Purchases of non-marketable equity and other investments	(10,500)	(15,023)
Sales and maturities of non-marketable equity and other investments	0	7,066
Net cash provided by (used in) investing activities	(712,976)	(1,470,741)
Cash flows from financing activities:
Proceeds from issuance of debt, net of debt discount	0	2,978,077
Repayments and extinguishment of debt	0	(693,953)
Payments for debt issuance costs	0	(7,220)
Proceeds from issuance of common stock from employee equity plans, net of taxes paid for shares withheld	(2,900)	990
Other	(260)	(192)
Net cash provided by (used in) financing activities	(3,160)	2,277,702
Effect of exchange rate changes	(129)	(685)
Net increase (decrease) in cash, cash equivalents, and restricted cash	(438,949)	1,245,993
Cash, cash equivalents, and restricted cash at the beginning of period	1,895,240	1,540,745
Cash, cash equivalents, and restricted cash at the end of period	1,456,291	2,786,738
Supplemental cash flow data:
Cash paid for interest	55,129	2,941
Cash paid for income taxes, net of refunds	10,751	4,496
Non-cash investing and financing activities:
Purchases of property and equipment, accrued but not paid	54,479	119,007
Reconciliation of cash, cash equivalents, and restricted cash as shown in the Condensed Consolidated Statements of Cash Flows:
Cash and cash equivalents	1,443,651	2,776,336
Restricted cash included in Prepaid expenses and other current assets	12,640	10,402
Total cash, cash equivalents, and restricted cash	$ 1,456,291	$ 2,786,738

Overview and Basis of Presentat

Overview and Basis of Presentation	3 Months Ended
	Apr. 30, 2023
Accounting Policies [Abstract]
Overview and Basis of Presentation	Overview and Basis of Presentation Company and Background Workday delivers applications for financial management, spend management, human capital management, planning, and analytics. With Workday, our customers have a unified system that can help them plan, execute, analyze, and extend to other applications and environments, thereby helping them continuously adapt how they manage their business and operations. We were originally incorporated in March 2005 in Nevada, and in June 2012, we reincorporated in Delaware. Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”) and applicable rules and regulations of the Securities and Exchange Commission (“SEC”) regarding interim financial reporting. The condensed consolidated financial statements include the results of Workday, Inc. and its wholly-owned subsidiaries. All intercompany balances and transactions have been eliminated. Certain information and note disclosures normally included in the financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. In the opinion of our management, the information contained herein reflects all adjustments necessary for a fair presentation of Workday’s financial position, results of operations, stockholders’ equity, and cash flows. All such adjustments are of a normal, recurring nature. The results of operations for the three months ended April 30, 2023, shown in this report are not necessarily indicative of the results to be expected for the full fiscal year ending January 31, 2024. The unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements in our Annual Report on Form 10-K for the fiscal year ended January 31, 2023, filed with the SEC on February 27, 2023. Use of Estimates The preparation of condensed consolidated financial statements in conformity with GAAP requires us to make certain estimates, judgements, and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the condensed consolidated financial statements, as well as the reported amounts of revenues and expenses during the reporting period. Significant estimates, judgements, and assumptions include, but are not limited to, the identification of distinct performance obligations for revenue recognition, the determination of the period of benefit for deferred commissions, the fair value and useful lives of assets acquired and liabilities assumed through business combinations, and the valuation of non-marketable equity investments. Actual results could differ from those estimates, judgements, and assumptions, and such differences could be material to our condensed consolidated financial statements. Segment Information We operate in one operating segment, cloud applications. Operating segments are defined as components of an enterprise where separate financial information is evaluated regularly by a chief operating decision maker (“CODM”) in deciding how to allocate resources and assessing performance. For the three months ended April 30, 2023, our co-chief executive officers together served as CODM for purposes of segment reporting. Our CODM allocates resources and assesses performance based upon discrete financial information at the consolidated level.

Significant Accounting Policies

Significant Accounting Policies and Accounting Standards	3 Months Ended
	Apr. 30, 2023
Accounting Policies [Abstract]
Significant Accounting Policies and Accounting Standards	Significant Accounting Policies and Accounting Standards Significant Accounting PoliciesThere have been no material changes in our significant accounting policies as described in our Annual Report on Form 10-K for the fiscal year ended January 31, 2023 Concentrations of Risk and Significant Customers Our financial instruments that are exposed to concentrations of credit risk consist primarily of cash and cash equivalents, debt securities, and trade and other receivables. Our deposits exceed federally insured limits. No customer individually accounted for more than 10% of trade and other receivables, net as of April 30, 2023, or January 31, 2023. No customer individually accounted for more than 10% of total revenues during the three months ended April 30, 2023 or 2022. Other than the United States, no country individually accounted for more than 10% of total revenues during the three months ended April 30, 2023 or 2022. In order to reduce the risk of down-time of our cloud applications, we have established data centers in various geographic regions. We serve our customers and users from data center facilities operated by third parties, located in the United States, Canada, and Europe. We have internal procedures to restore services in the event of disaster at one of our data center facilities. Even with these procedures for disaster recovery in place, our cloud applications could be significantly interrupted during the implementation of the procedures to restore services. In addition, we rely upon third-party hosted infrastructure partners globally, including Amazon Web Services (“AWS”), Google LLC, and Microsoft Corporation, to serve customers and operate certain aspects of our services. Given this, any disruption of or interference at our hosted infrastructure partners may impact our operations and our business could be adversely impacted.

Investments

Investments	3 Months Ended
	Apr. 30, 2023
Investments, Debt and Equity Securities [Abstract]
Investments	Investments Debt Securities As of April 30, 2023, debt securities consisted of the following (in thousands): Amortized Cost Unrealized Gains Unrealized Losses Aggregate Fair Value U.S. treasury securities $ 2,438,041 $ 975 $ (5,348) $ 2,433,668 U.S. agency obligations 479,204 720 (2,307) 477,617 Corporate bonds 1,484,215 3,604 (7,243) 1,480,576 Commercial paper 1,160,709 — — 1,160,709 Total debt securities $ 5,562,169 $ 5,299 $ (14,898) $ 5,552,570 Included in Cash and cash equivalents $ 732,881 $ 5 $ (2) $ 732,884 Included in Marketable securities $ 4,829,288 $ 5,294 $ (14,896) $ 4,819,686 As of January 31, 2023, debt securities consisted of the following (in thousands): Amortized Cost Unrealized Gains Unrealized Losses Aggregate Fair Value U.S. treasury securities $ 2,455,739 $ 77 $ (6,765) $ 2,449,051 U.S. agency obligations 325,664 — (3,874) 321,790 Corporate bonds 966,801 1,617 (6,715) 961,703 Commercial paper 1,016,641 — (5) 1,016,636 Total debt securities $ 4,764,845 $ 1,694 $ (17,359) $ 4,749,180 Included in Cash and cash equivalents $ 594,864 $ — $ (1) $ 594,863 Included in Marketable securities $ 4,169,980 $ 1,694 $ (17,357) $ 4,154,317 We classify our debt securities as available-for-sale at the time of purchase and reevaluate such classification as of each balance sheet date. We consider all debt securities as funds available for use in current operations, including those with maturity dates beyond one year, and therefore classify these securities as current assets on the Condensed Consolidated Balance Sheets. Debt securities included in Marketable securities on the Condensed Consolidated Balance Sheets consist of securities with original maturities at the time of purchase greater than three months, and the remaining securities are included in Cash and cash equivalents. As of April 30, 2023, and January 31, 2023, the fair value of debt securities in an unrealized loss position was $3.0 billion and $3.1 billion, respectively, the majority of which had been in a continuous unrealized loss position for less than 12 months. We did not recognize any credit or non-credit related losses related to our debt securities during the periods presented. We sold $12 million of debt securities during the three months ended April 30, 2023, and the realized gains and losses from the sales were immaterial. We did not have any sales of debt securities during the three months ended April 30, 2022. Equity Investments Equity investments consisted of the following (in thousands): Condensed Consolidated Balance Sheets Location April 30, 2023 January 31, 2023 Money market funds Cash and cash equivalents $ 486,603 $ 902,226 Non-marketable equity investments measured using the measurement alternative Other assets 269,622 261,922 Marketable equity investments Marketable securities 65,624 80,766 Total equity investments $ 821,849 $ 1,244,914 Total realized and unrealized gains and losses associated with our equity investments consisted of the following (in thousands): Three Months Ended April 30, 2023 2022 Net realized gains (losses) recognized on equity investments sold (1) $ 55 $ 1,059 Net unrealized gains (losses) recognized on equity investments held as of the end of the period (8,068) (8,488) Total net gains (losses) recognized in Other income (expense), net $ (8,013) $ (7,429) (1) Reflects the difference between the sale proceeds and the carrying value of the equity investments at the beginning of the period. Non-Marketable Equity Investments Measured Using the Measurement Alternative Non-marketable equity investments measured using the measurement alternative include investments in privately held companies without readily determinable fair values in which we do not own a controlling interest or exercise significant influence. These investments are recorded at cost and are adjusted for observable transactions for same or similar securities of the same issuer or impairment events. The carrying values for our non-marketable equity investments are summarized below (in thousands): April 30, 2023 January 31, 2023 Total initial cost $ 217,333 $ 206,833 Cumulative net unrealized gains (losses) 52,289 55,089 Carrying value $ 269,622 $ 261,922 During the three months ended April 30, 2023, and 2022, we recorded impairment losses of $3 million and $14 million, respectively. During the three months ended April 30, 2023, we recorded no upward adjustments to the carrying value of non-marketable equity investments and $3 million in the three months ended April 30, 2022. Marketable Equity Investments We hold marketable equity investments with readily determinable fair values over which we do not own a controlling interest or exercise significant influence. The carrying values for our marketable equity investments are summarized below (in thousands): April 30, 2023 January 31, 2023 Total initial cost $ 33,718 $ 38,449 Cumulative net unrealized gains (losses) 31,906 42,317 Carrying value $ 65,624 $ 80,766 During the three months ended April 30, 2023, we sold marketable equity investments for proceeds of $10 million with an immaterial corresponding realized gain. During the three months ended April 30, 2022, we sold marketable equity investments for proceeds of $5 million with corresponding realized gains of $1 million. During the three months ended April 30, 2023, and 2022, we recorded unrealized losses of $5 million and gains of $3 million, respectively, on marketable equity investments held as of the end of each period.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Apr. 30, 2023
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements We use a fair value hierarchy that requires that we maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. A financial instrument’s classification within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. Three levels of inputs may be used to measure fair value: Level 1 — Observable inputs that reflect quoted prices (unadjusted) for identical assets or liabilities in active markets. Level 2 — Other inputs that are directly or indirectly observable in the marketplace. Level 3 — Unobservable inputs that are supported by little or no market activity. Assets and Liabilities Measured at Fair Value on a Recurring Basis The following table presents information about our assets and liabilities that are measured at fair value on a recurring basis and their assigned levels within the valuation hierarchy as of April 30, 2023 (in thousands): Level 1 Level 2 Level 3 Total U.S. treasury securities $ 2,433,668 $ — $ — $ 2,433,668 U.S. agency obligations — 477,617 — 477,617 Corporate bonds — 1,480,576 — 1,480,576 Commercial paper — 1,160,709 — 1,160,709 Money market funds 486,603 — — 486,603 Marketable equity investments 65,624 — — 65,624 Foreign currency derivative assets — 63,489 — 63,489 Total assets $ 2,985,895 $ 3,182,391 $ — $ 6,168,286 Foreign currency derivative liabilities $ — $ 32,309 $ — $ 32,309 Total liabilities $ — $ 32,309 $ — $ 32,309 The following table presents information about our assets and liabilities that are measured at fair value on a recurring basis and their assigned levels within the valuation hierarchy as of January 31, 2023 (in thousands): Level 1 Level 2 Level 3 Total U.S. treasury securities $ 2,449,051 $ — $ — $ 2,449,051 U.S. agency obligations — 321,790 — 321,790 Corporate bonds — 961,703 — 961,703 Commercial paper — 1,016,636 — 1,016,636 Money market funds 902,226 — — 902,226 Marketable equity investments 80,766 — — 80,766 Foreign currency derivative assets — 64,824 — 64,824 Total assets $ 3,432,043 $ 2,364,953 $ — $ 5,796,996 Foreign currency derivative liabilities $ — $ 33,972 $ — $ 33,972 Total liabilities $ — $ 33,972 $ — $ 33,972 Non-Marketable Equity Investments Measured at Fair Value on a Non-Recurring Basis Non-marketable equity investments that have been remeasured due to an observable event or impairment are classified within Level 3 in the fair value hierarchy because we estimate the value based on valuation methods which may include a combination of the observable transaction price at the transaction date and other unobservable inputs including volatility, rights, and obligations of the investments we hold. For further information, see Note 3, Investments . Fair Value Measurements of Other Financial Instruments We carry our debt at face value less unamortized debt discount and issuance costs on our Condensed Consolidated Balance Sheets and present the fair value for disclosure purposes only. All of our debt obligations are categorized as Level 2 financial instruments. For further information on the fair values of our debt and the inputs used in the calculations, see Note 10, Debt .

Deferred Costs

Deferred Costs	3 Months Ended
	Apr. 30, 2023
Revenue from Contract with Customer [Abstract]
Deferred Costs	Deferred Costs Deferred costs, which consist of deferred sales commission s, wer e $598 million and $612 million as of April 30, 2023, and January 31, 2023, respectively. Amortization expense for the deferred costs was $49 million and $39 million for the three months ended April 30, 2023, and 2022, respectively. There was no impairment loss in relation to the costs capitalized for the periods presented. Subscription services revenues of $1.3 billion and $1.1 billion were recognized during the three months ended April 30, 2023, and 2022, respectively, that were included in the unearned revenue balances as of January 31, 2023, and 2022, respectively. Professional services revenues recognized in t he same periods from unearned revenue balances at the beginning of the respective periods were not material. Transaction Price Allocated to the Remaining Performance Obligations As of April 30, 2023, approximate ly $16.7 billion of revenues are expected to be recognized from remaining performance obligations for subscription contracts. We expect to recognize revenues on approximately $9.8 billion of these remaining performance obligations over the next 24 months, with the balance recognized thereafter. Revenues from remaining performance obligations for professional services contracts as of April 30, 2023, were not material.

Property and Equipment, Net

Property and Equipment, Net	3 Months Ended
	Apr. 30, 2023
Property, Plant and Equipment [Abstract]
Property and Equipment, Net	Property and Equipment, Net Property and equipment, net consisted of the following (in thousands): April 30, 2023 January 31, 2023 Computers, equipment, and software $ 1,316,567 $ 1,286,540 Buildings 720,220 719,966 Leasehold improvements 202,888 202,101 Furniture, fixtures, and transportation equipment 89,391 90,816 Land and land improvements 80,977 81,083 Property and equipment, gross 2,410,043 2,380,506 Less accumulated depreciation and amortization (1,191,926) (1,179,252) Property and equipment, net $ 1,218,117 $ 1,201,254 Depre ciation expense totaled $48 million and $67 million for the three months ended April 30, 2023, and 2022, respectively .

Acquisition-Related Intangible

Acquisition-Related Intangible Assets, Net	3 Months Ended
	Apr. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Acquisition-Related Intangible Assets, Net	Acquisition-Related Intangible Assets, Net Acquisition-related intangible assets, net consisted of the following (in thousands): April 30, 2023 January 31, 2023 Developed technology $ 342,700 $ 342,700 Customer relationships 311,100 311,100 Backlog 15,000 15,000 Trade name 12,500 12,500 Acquisition-related intangible assets, gross 681,300 681,300 Less accumulated amortization (397,039) (375,835) Acquisition-related intangible assets, net $ 284,261 $ 305,465 Amortization expense related to acquisition-related intangible assets was $21 million and $22 million for the three months ended April 30, 2023, and 2022, respectively. As of April 30, 2023, our future estimated amortization expense related to acquisition-related intangible assets was as follows (in thousands): Fiscal Period: Remainder of 2024 $ 53,114 2025 61,663 2026 55,748 2027 31,177 2028 26,944 Thereafter 55,615 Total $ 284,261

Other Assets

Other Assets	3 Months Ended
	Apr. 30, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Other Assets	Other Assets Other noncurrent assets consisted of the following (in thousands): April 30, 2023 January 31, 2023 Non-marketable equity and other investments $ 271,122 $ 263,485 Technology patents and other intangible assets, net 28,621 20,534 Prepayments for goods and services 23,373 23,466 Derivative assets 22,441 21,757 Net deferred tax assets 9,567 12,650 Deposits 6,559 5,819 Other 14,956 13,274 Total other assets $ 376,639 $ 360,985 Technology patents and other intangible assets with estimable useful lives are amortized on a straight-line basis. As of April 30, 2023, the future estimated amortization expense was as follows (in thousands): Fiscal Period: Remainder of 2024 $ 3,180 2025 3,639 2026 3,290 2027 2,942 2028 2,697 Thereafter 12,873 Total $ 28,621

Derivative Instruments

Derivative Instruments	3 Months Ended
	Apr. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments	Derivative Instruments We conduct business on a global basis in multiple foreign currencies, subjecting Workday to foreign currency exchange risk. To mitigate this risk, we utilize derivative hedging contracts as described below. We do not enter into any derivatives for trading or speculative purposes. Our foreign currency contracts are classified within Level 2 of the fair value hierarchy because the valuation inputs are based on quoted prices and market observable data of similar instruments in active markets, such as currency spot and forward rates. Cash Flow Hedges We enter into foreign currency forward contracts to hedge a portion of our forecasted revenue and expense transactions (“cash flow hedges”). We designate these forward contracts as cash flow hedging instruments since the accounting criteria for such designation has been met. Cash flow hedges are recorded on the Condensed Consolidated Balance Sheets at fair value. Cash flows from the settlement of these forward contracts are classified as operating activities on the Condensed Consolidated Statements of Cash Flows. Gains or losses resulting from changes in the fair value of these hedges are recorded in Accumulated other comprehensive income (loss) (“AOCI”) on the Condensed Consolidated Balance Sheets and are subsequently reclassified to the same line item as the hedged transaction on the Condensed Consolidated Statements of Operations in the same period that the hedged transaction affects earnings. As of April 30, 2023, we estimate that $56 million of net gains recorded in AOCI related to our cash flow hedges will be reclassified into income within the next 12 months. As of April 30, 2023, and January 31, 2023, the notional values of the cash flow hedges that we held to buy U.S. dollars in exchange for other currencies were $1.9 billion and $1.7 billion, respectively. The notional values of the cash flow hedges that we held to sell U.S. dollars in exchange for other currencies were $336 million and $324 million as of April 30, 2023, and January 31, 2023, respectively. All contracts had maturities of less than 47 months. Non-Designated Hedges We also enter into foreign currency forward contracts to hedge a portion of our net outstanding monetary assets and liabilities (“non-designated hedges”). These forward contracts are intended to offset foreign currency gains or losses associated with the underlying monetary assets and liabilities and are recorded on the Condensed Consolidated Balance Sheets at fair value. These forward contracts are not designated as hedging instruments under applicable accounting guidance, and therefore all changes in the fair value of these forward contracts are recorded in Other income (expense), net on the Condensed Consolidated Statements of Operations. Cash flows from the settlement of these forward contracts are classified as operating activities on the Condensed Consolidated Statements of Cash Flows. As of April 30, 2023, and January 31, 2023, the notional values of the non-designated hedges that we held to buy U.S. dollars in exchange for other currencies were $65 million and $235 million, respectively, and the notional values of the non-designated hedges that we held to sell U.S. dollars in exchange for other currencies were $10 million and $2 million, respectively. The fair values of outstanding derivative instruments were as follows (in thousands): Condensed Consolidated Balance Sheets Location April 30, 2023 January 31, 2023 Derivative assets: Cash flow hedges Prepaid expenses and other current assets $ 40,429 $ 42,968 Cash flow hedges Other assets 22,434 21,757 Non-designated hedges Prepaid expenses and other current assets 619 99 Non-designated hedges Other assets 7 — Total derivative assets $ 63,489 $ 64,824 Derivative liabilities: Cash flow hedges Accrued expenses and other current liabilities $ 14,847 $ 13,231 Cash flow hedges Other liabilities 16,975 15,496 Non-designated hedges Accrued expenses and other current liabilities 478 5,244 Non-designated hedges Other liabilities 9 1 Total derivative liabilities $ 32,309 $ 33,972 The effect of cash flow hedges on the Condensed Consolidated Statements of Operations was as follows (in thousands): Three Months Ended April 30, Condensed Consolidated Statements of Operations Location 2023 2022 Total Gains (losses) related to cash flow hedges Total Gains (losses) related to cash flow hedges Revenues $ 1,684,312 $ 16,326 $ 1,434,657 $ (1,157) Costs and expenses 1,704,112 (698) 1,507,500 (829) Pre-tax gains (losses) associated with cash flow hedges were as follows (in thousands): Condensed Consolidated Statements of Operations and Statements of Comprehensive Income (Loss) Locations Three Months Ended April 30, 2023 2022 Gains (losses) recognized in OCI Net change in unrealized gains (losses) on cash flow hedges $ 1,996 $ 44,260 Gains (losses) reclassified from AOCI into income (effective portion) Revenues 16,326 (1,157) Gains (losses) reclassified from AOCI into income (effective portion) Costs and expenses (698) (829) Gains (losses) associated with non-designated hedges were as follows (in thousands): Condensed Consolidated Statements of Operations Location Three Months Ended April 30, 2023 2022 Gains (losses) related to non-designated hedges Other income (expense), net $ 2,434 $ 3,966 We are subject to netting agreements with all of the counterparties of the foreign exchange contracts, under which we are permitted to net settle transactions of the same currency with a single net amount payable by one party to the other. It is our policy to present the derivatives gross on the Condensed Consolidated Balance Sheets. Our foreign currency forward contracts are not subject to any credit contingent features or collateral requirements. We manage our exposure to counterparty risk by entering into contracts with a diversified group of major financial institutions and by actively monitoring outstanding positions. As of April 30, 2023, information related to these offsetting arrangements was as follows (in thousands): Gross Amounts of Recognized Assets Gross Amounts Offset on the Condensed Consolidated Balance Sheets Net Amounts of Assets Presented on the Condensed Consolidated Balance Sheets Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets Net Assets Exposed Financial Instruments Cash Collateral Received Derivative assets: Counterparty A $ 16,048 $ — $ 16,048 $ (6,664) $ — $ 9,384 Counterparty B 16,138 — 16,138 (8,823) — 7,315 Counterparty C 2,883 — 2,883 (583) — 2,300 Counterparty D 24,835 — 24,835 (14,510) — 10,325 Counterparty E 3,585 — 3,585 (1,729) — 1,856 Total $ 63,489 $ — $ 63,489 $ (32,309) $ — $ 31,180 Gross Amounts of Recognized Liabilities Gross Amounts Offset on the Condensed Consolidated Balance Sheets Net Amounts of Liabilities Presented on the Condensed Consolidated Balance Sheets Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets Net Liabilities Exposed Financial Instruments Cash Collateral Pledged Derivative liabilities: Counterparty A $ 6,664 $ — $ 6,664 $ (6,664) $ — $ — Counterparty B 8,823 — 8,823 (8,823) — — Counterparty C 583 — 583 (583) — — Counterparty D 14,510 — 14,510 (14,510) — — Counterparty E 1,729 — 1,729 (1,729) — — Total $ 32,309 $ — $ 32,309 $ (32,309) $ — $ —

Debt

Debt	3 Months Ended
	Apr. 30, 2023
Debt Disclosure [Abstract]
Debt	Debt Outstanding debt consisted of the following (in thousands): April 30, 2023 January 31, 2023 2027 Notes $ 1,000,000 $ 1,000,000 2029 Notes 750,000 750,000 2032 Notes 1,250,000 1,250,000 Total principal amount 3,000,000 3,000,000 Less: unamortized debt discount and issuance costs (23,111) (24,066) Net carrying amount 2,976,889 2,975,934 Debt, noncurrent $ 2,976,889 $ 2,975,934 As of April 30, 2023, the future principal payments for the outstanding debt were as follows (in thousands): Fiscal Period: Remainder of 2024 $ — 2025 — 2026 — 2027 — 2028 1,000,000 Thereafter 2,000,000 Total principal amount $ 3,000,000 Senior Notes In April 2022, we issued $3.0 billion aggregate principal amount of senior notes, consisting of $1.0 billion aggregate principal amount of 3.500% notes due April 1, 2027 (“2027 Notes”), $750 million aggregate principal amount of 3.700% notes due April 1, 2029 (“2029 Notes”), and $1.25 billion aggregate principal amount of 3.800% notes due April 1, 2032 (“2032 Notes,” and together with the 2027 Notes and the 2029 Notes, “Senior Notes”). Interest is payable semi-annually in arrears on April 1 and October 1 of each year, which commenced in October 2022. The Senior Notes are unsecured obligations and rank equally with all existing and future unsecured and unsubordinated indebtedness of Workday. We may redeem the Senior Notes in whole or in part at any time or from time to time, at specified redemption dates and prices. In addition, upon the occurrence of certain change of control triggering events, we may be required to repurchase the Senior Notes under specified terms. The indenture governing the Senior Notes also includes covenants (including certain limited covenants restricting our ability to incur certain liens and enter into certain sale and leaseback transactions), events of default, and other customary provisions. As of April 30, 2023, we were in compliance with all covenants associated with the Senior Notes. We incurred debt discount and issuance costs of approximately $27 million in connection with the Senior Notes offering, which were allocated on a pro rata basis to the 2027 Notes, 2029 Notes, and 2032 Notes. The debt discount and issuance costs are amortized on a straight-line basis, which approximates the effective interest rate method, to interest expense over the contractual term of each arrangement. The effective interest rates on the 2027 Notes, 2029 Notes, and 2032 Notes, which are calculated as the contractual interest rates adjusted for the debt discount and issuance costs, are 3.67%, 3.82%, and 3.90%, respectively. As of April 30, 2023, the total estimated fair value of the Senior Notes was $2.8 billion. The estimated fair values of the Senior Notes, which we have classified as Level 2 financial instruments, were determined based on quoted bid prices in an over-the-counter market on the last trading day of the reporting period. Credit Agreement In April 2022, we entered into a credit agreement (“2022 Credit Agreement”) which provides for a revolving credit facility in an aggregate principal amount of $1.0 billion. The 2022 Credit Agreement replaced our prior credit agreement entered into in April 2020 (“2020 Credit Agreement”), which provided for a term loan facility in an aggregate original principal amount of $750 million and a revolving credit facility in an aggregate principal amount of $750 million. Concurrently with entering into the 2022 Credit Agreement, we paid off the remaining principal balance of $694 million on the term loan under the 2020 Credit Agreement and terminated the revolving credit facility under the 2020 Credit Agreement, which had no outstanding balance. The modification to our revolving credit facility and extinguishment of the term loan under the 2020 Credit Agreement did not have a material impact to our Condensed Consolidated Statements of Operations for fiscal 2023. As of April 30, 2023, we had no outstanding revolving loans under the 2022 Credit Agreement. The revolving loans under the 2022 Credit Agreement may be borrowed, repaid, and reborrowed until April 6, 2027, at which time all amounts borrowed must be repaid. The revolving loans under the 2022 Credit Agreement will bear interest, at our option, at a base rate plus a margin of 0.000% to 0.500% or a secured overnight financing rate (“SOFR”) plus 10 basis points, plus a margin of 0.750% to 1.500%, with such margin being determined based on our consolidated leverage ratio or debt rating. We are also obligated to pay an ongoing commitment fee on undrawn amounts. The 2022 Credit Agreement contains customary representations, warranties, and affirmative and negative covenants, including a financial covenant, events of default, and indemnification provisions in favor of the lenders. The negative covenants include restrictions on the incurrence of liens and indebtedness, certain merger transactions, and other matters, all subject to certain exceptions. The financial covenant, based on a quarterly financial test, requires that we do not exceed a maximum leverage ratio of 3.50:1.00, subject to a step-up to 4.50:1.00 at our election for a certain period following an acquisition. As of April 30, 2023, we were in compliance with all covenants. Convertible Senior Notes In September 2017, we issued 0.25% convertible senior notes due October 1, 2022, with a principal amount of $1.15 billion (“2022 Notes”). The 2022 Notes were unsecured, unsubordinated obligations, and interest was payable in cash in arrears at a fixed rate of 0.25% on April 1 and October 1 of each year. During the third quarter of fiscal 2023, the 2022 Notes were converted by note holders, and we repaid the $1.15 billion principal balance in cash. We also distributed approximately 0.6 million shares of our Class A common stock to note holders during fiscal 2023, which represented the conversion value in excess of the principal amount. Notes Hedges In connection with the issuance of the 2022 Notes, we entered into convertible note hedge transactions (“Purchased Options”) which gave us the option to purchase, subject to anti-dilution adjustments substantially identical to those in the 2022 Notes, approximately 7.8 million shares of our Class A common stock for $147.10 per share. During the third quarter of fiscal 2023, we received approximately 0.6 million shares of our Class A common stock from the exercise of the Purchased Options, which offset the economic dilution to our Class A common stock upon conversion of the 2022 Notes. These shares were recorded as Treasury stock on the Condensed Consolidated Balance Sheets. The Purchased Options were separate transactions and were not part of the terms of the 2022 Notes, and expired on October 1, 2022. Warrants In connection with the issuance of the 2022 Notes, we also entered into warrant transactions to sell warrants (“Warrants”) to acquire, subject to anti-dilution adjustments, up to approximately 7.8 million shares of our Class A common stock over 60 scheduled trading days beginning in January 2023 at an exercise price of $213.96 per share. During the first quarter of fiscal 2024, the Warrants fully expired without exercise. Interest Expense on Debt The following table sets forth total interest expense recognized related to our debt (in thousands): Three Months Ended April 30, 2023 2022 Contractual interest expense $ 27,563 $ 11,385 Interest cost related to amortization and write-off of debt discount and issuance costs 955 2,601 Total interest expense $ 28,518 $ 13,986

Leases

Leases	3 Months Ended
	Apr. 30, 2023
Leases [Abstract]
Leases	LeasesWe have entered into operating lease agreements for our office space, data centers, and other property and equipment. Operating lease right-of-use assets were $255 million and $249 million as of April 30, 2023, and January 31, 2023, respectively, and operating lease liabilities were $278 million and $273 million as of April 30, 2023, and January 31, 2023, respectively. We have also entered into finance lease agreements for other property and equipment. As of April 30, 2023, and January 31, 2023, finance leases were not material. The components of operating lease expense were as follows (in thousands): Three Months Ended April 30, 2023 2022 Operating lease cost $ 28,460 $ 23,644 Short-term lease cost 902 1,225 Variable lease cost 11,148 9,773 Total operating lease cost $ 40,510 $ 34,642 Supplemental cash flow information related to our operating leases was as follows (in thousands): Three Months Ended April 30, 2023 2022 Cash paid for operating lease liabilities $ 28,410 $ 25,658 Operating lease right-of-use assets obtained in exchange for new operating lease liabilities 32,226 28,581 Other information related to our operating leases was as follows: April 30, 2023 January 31, 2023 Weighted average remaining lease term (in years) 5 5 Weighted average discount rate 2.98 % 2.79 % As of April 30, 2023, maturities of operating lease liabilities were as follows (in thousands): Fiscal Period: Remainder of 2024 $ 76,163 2025 83,869 2026 53,116 2027 34,482 2028 25,484 Thereafter 34,608 Total lease payments 307,722 Less imputed interest (29,699) Total operating lease liabilities $ 278,023 As of April 30, 2023 , we have additional operating leases for data centers and office space that had not yet commenced with total undiscounted lease payments of $50 million. These operating leases will commence in fiscal 2024 and fiscal 2025, with lease terms ranging from five

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Apr. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Purchase Obligations Our purchase obligations are primarily related to agreements for third-party hosted infrastructure platforms, data center equipment and software, business technology software and support, and sales and marketing activities. During the three months ended April 30, 2023, there were no material changes outside the ordinary course of business to our non-cancelable purchase obligations disclosed in our Annual Report on Form 10-K for the fiscal year ended January 31, 2023. Legal Matters We are a party to various legal proceedings and claims that arise in the ordinary course of business. We make a provision for a liability relating to legal matters when it is both probable that a liability has been incurred and the amount of the loss can be reasonably estimated. These provisions are reviewed at least quarterly and adjusted to reflect the impacts of negotiations, settlements, rulings, advice of legal counsel, and other information and events pertaining to a particular matter. In our opinion, as of April 30, 2023, there was not at least a reasonable possibility that we had incurred a material loss, or a material loss in excess of a recorded accrual, with respect to such loss contingencies.

Stockholders' Equity

Stockholders' Equity	3 Months Ended
	Apr. 30, 2023
Equity [Abstract]
Stockholders' Equity	Stockholders’ Equity Common Stock As of April 30, 2023, there were 206 million shares of Class A common stock, net of treasury stock, and 55 million shares of Class B common stock outstanding. The rights of the holders of Class A common stock and Class B common stock are identical, except with respect to voting and conversion. Each share of Class A common stock is entitled to one vote per share and each share of Class B common stock is entitled to 10 votes per share. Each share of Class B common stock can be converted into a share of Class A common stock at any time at the option of the holder. Share Repurchase Program In November 2022, our Board of Directors authorized the repurchase of up to $500 million of our outstanding shares of Class A common stock (the “Share Repurchase Program”). We may repurchase shares of Class A common stock from time to time through open market purchases, in privately negotiated transactions, or by other means, including through the use of trading plans intended to qualify under Rule 10b5-1 under the Exchange Act, in accordance with applicable securities laws and other restrictions. The timing and total amount of stock repurchases will depend upon business, economic, and market conditions, corporate and regulatory requirements, prevailing stock prices, and other considerations. The Share Repurchase Program has a term of 18 months, may be suspended or discontinued at any time, and does not obligate us to acquire any amount of Class A common stock. There were no shares repurchased during the three months ended April 30, 2023. As of April 30, 2023 , we were authorized to purchase a remaining $425 million of our outstanding shares of Class A common stock under the Share Repurchase Program. Employee Equity Plans In June 2022, our stockholders approved the 2022 Equity Incentive Plan (“2022 Plan”), with a reserve of 30 million shares for issuance. The 2022 Plan serves as the successor to our 2012 Equity Incentive Plan (“2012 Plan” and, together with the 2022 Plan, “Stock Plans”). Awards that are granted on or after the effective date of the 2022 Plan will be granted pursuant to and subject to the terms and provisions of the 2022 Plan. Prior awards granted under the 2012 Plan continue to be subject to the terms and provisions of the 2012 Plan. As of April 30, 2023, we had 21 million shares of Class A common stock available for future grants. In June 2022, our stockholders approved the Amended and Restated 2012 Employee Stock Purchase Plan (“ESPP”). Under the ESPP, eligible employees are granted options to purchase shares at the lower of 85% of the fair market value of the stock at the time of grant or 85% of the fair market value at the time of exercise. Options to purchase shares are granted twice yearly on or about June 1 and December 1, and are exercisable on or about the succeeding November 30 and May 31, respectively. As of April 30, 2023, 5 million shares of Class A common stock were available for issuance under the ESPP. Restricted Stock Units The Stock Plans provide for the issuance of restricted stock units (“RSUs”) to employees and non-employees. RSUs generally vest over four years. RSU activity during the three months ended April 30, 2023, was as follows (in thousands, except per share data): Number of Shares Weighted-Average Grant Date Fair Value Balance as of January 31, 2023 14,099 $ 206.38 RSUs granted 7,220 190.90 RSUs vested (2,408) 206.02 RSUs forfeited (210) 261.42 Balance as of April 30, 2023 18,701 199.83 As of April 30, 2023, there was a total of $2.8 billion in unrecognized compensation cost, adjusted for estimated forfeitures, related to unvested RSUs, which is expected to be recognized over a weighted-average period of approximately three years. Market-Based Restricted Stock Units In December 2022, 0.3 million shares of market-based RSUs were granted to our newly appointed Co-CEO that vest based on appreciation of the price of our Class A common stock over a multi-year period and upon continued service (“PVU Award”). We estimated the fair value of the PVU Award on the grant date using the Monte Carlo simulation model with the following assumptions: (i) expected volatility of 40%, (ii) risk-free interest rate of 4%, and (iii) total performance period of six years. The weighted-average grant date fair value of the PVU Award was $124.80 per share. We recognize expense for the PVU Award over the requisite service period of five years using the accelerated attribution method. Provided that the requisite service is rendered, the total fair value of the PVU Award at the date of grant is recognized as compensation expense even if the market condition is not achieved. However, the number of shares that ultimately vest can vary significantly with the achievement of the specified market criteria. As of April 30, 2023, there was a total of $30 million in unrecognized compensation cost related to the PVU Award, which is expected to be recognized over approximately five years. Stock Options The Stock Plans provide for the issuance of incentive and nonstatutory stock options to employees and non-employees. Stock options issued under the Stock Plans generally are exercisable for periods not to exceed ten years and generally vest over five years. Stock option activity during the three months ended April 30, 2023, was as follows (in thousands, except aggregate intrinsic value, which is reflected in millions and per share data): Outstanding Stock Options Weighted-Average Exercise Price Aggregate Intrinsic Value Balance as of January 31, 2023 115 $ 30.36 $ 17 Stock options exercised (9) 43.16 Stock options canceled — — Balance as of April 30, 2023 106 29.22 17 Vested and expected to vest as of April 30, 2023 106 29.22 17 Exercisable as of April 30, 2023 106 29.22 17

Unearned Revenue and Performanc

Unearned Revenue and Performance Obligations	3 Months Ended
	Apr. 30, 2023
Revenue from Contract with Customer [Abstract]
Unearned Revenue and Performance Obligations	Deferred Costs Deferred costs, which consist of deferred sales commission s, wer e $598 million and $612 million as of April 30, 2023, and January 31, 2023, respectively. Amortization expense for the deferred costs was $49 million and $39 million for the three months ended April 30, 2023, and 2022, respectively. There was no impairment loss in relation to the costs capitalized for the periods presented. Subscription services revenues of $1.3 billion and $1.1 billion were recognized during the three months ended April 30, 2023, and 2022, respectively, that were included in the unearned revenue balances as of January 31, 2023, and 2022, respectively. Professional services revenues recognized in t he same periods from unearned revenue balances at the beginning of the respective periods were not material. Transaction Price Allocated to the Remaining Performance Obligations As of April 30, 2023, approximate ly $16.7 billion of revenues are expected to be recognized from remaining performance obligations for subscription contracts. We expect to recognize revenues on approximately $9.8 billion of these remaining performance obligations over the next 24 months, with the balance recognized thereafter. Revenues from remaining performance obligations for professional services contracts as of April 30, 2023, were not material.

Other Income (Expense), Net

Other Income (Expense), Net	3 Months Ended
	Apr. 30, 2023
Other Income and Expenses [Abstract]
Other Income (Expense), Net	Other Income (Expense), Net Other income (expense), net consisted of the following (in thousands): Three Months Ended April 30, 2023 2022 Interest income $ 62,695 $ 4,007 Interest expense (1) (28,546) (14,018) Other (2) (7,440) (10,152) Total other income (expense), net $ 26,709 $ (20,163) (1) Interest expense primarily includes the contractual interest expense of our debt obligations, and the related non-cash interest expense attributable to amortization of the debt discount and issuance costs. For further information, see Note 10, Debt . (2) Other primarily includes the net gains (losses) from our equity investments. For further information, see Note 3, Investments .

Income Taxes

Income Taxes	3 Months Ended
	Apr. 30, 2023
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes We reported an income tax provision of $7 million and $9 million for the three months ended April 30, 2023, and 2022, respectively. The income tax provision for the three months ended April 30, 2023, was primarily attributable to income tax expenses in profitable foreign jurisdictions and an increase in U.S. taxes due to capitalized research and development expenditures. The income tax provision for the three months ended April 30, 2022, was primarily attributable to a taxable gain recognized from an intercompany sale of intellectual property, income tax expenses in profitable foreign jurisdictions, and an increase in state taxes due to capitalized research and development expenditures. We are subject to income tax audits in the U.S. and foreign jurisdictions. We record liabilities related to uncertain tax positions and believe that we have provided adequate reserves for income tax uncertainties in all open tax years. Due to our history of tax losses, all years remain open to tax audit. We periodically evaluate the realizability of our net deferred tax assets based on all available evidence, both positive and negative. The realization of net deferred tax assets is dependent on our ability to generate sufficient future taxable income during periods prior to the expiration of tax attributes to fully utilize these assets. As of April 30, 2023, we continue to maintain a full valuation allowance on our deferred tax assets in certain jurisdictions.

Net Income (Loss) Per Share

Net Income (Loss) Per Share	3 Months Ended
	Apr. 30, 2023
Earnings Per Share [Abstract]
Net Income (Loss) Per Share	Net Income (Loss) Per Share Basic net income (loss) per share is computed by dividing net income (loss) by the weighted-average number of shares of common stock outstanding during the period, net of treasury stock. Diluted net income (loss) per share is computed by giving effect to all potentially dilutive shares of common stock, including our convertible senior notes, outstanding warrants related to the issuance of the convertible senior notes, and outstanding share-based awards consisting primarily of unvested RSUs and ESPP obligations. The net income (loss) per share is allocated based on the contractual participation rights of the Class A common shares and Class B common shares as if the income (loss) for the period had been distributed. As the liquidation and dividend rights are identical, the net income (loss) is allocated on a proportionate basis. Basic and diluted net income (loss) per share was the same for the three months ended April 30, 2023, and April 30, 2022. For the three months ended April 30, 2022, potentially dilutive securities were excluded from the computation of diluted net income (loss) per share calculations because the impact of including them would have been anti-dilutive. The following table presents the calculation of basic and diluted net income (loss) per share (in thousands, except per share data): Three Months Ended April 30, 2023 2022 Class A Class B Class A Class B Net income (loss) per share, basic: Numerator: Net income (loss) $ 107 $ 29 $ (79,738) $ (22,435) Denominator: Weighted-average shares outstanding, basic 204,187 54,633 196,466 55,277 Net income (loss) per share, basic $ 0.00 $ 0.00 $ (0.41) $ (0.41) Net income (loss) per share, diluted: Numerator: Net income (loss) $ 107 $ 29 $ (79,738) $ (22,435) Reallocation of net income as a result of conversion of Class B to Class A common stock 29 — — — Reallocation of net income to Class B common stock — — — — Net income (loss) for diluted calculation 136 29 (79,738) (22,435) Denominator: Weighted-average shares outstanding, basic 204,187 54,633 196,466 55,277 Conversion of Class B to Class A common stock 54,633 — — — Dilutive effect of share-based awards 2,551 — — — Weighted-average shares outstanding, diluted 261,371 54,633 196,466 55,277 Net income (loss) per share, diluted $ 0.00 $ 0.00 $ (0.41) $ (0.41) The computation of diluted net income (loss) per share does not include the effect of the following potentially outstanding weighted-average shares of common stock. The effects of these potentially outstanding shares were not included in the calculation of diluted net income (loss) per share because the effect would have been anti-dilutive (in thousands): Three Months Ended April 30, 2023 2022 Shares related to outstanding share-based awards 3,909 13,654 Shares related to the convertible senior notes — 7,816 Shares subject to warrants related to the issuance of convertible senior notes 2,108 7,818 Total 6,017 29,288

Geographic Information

Geographic Information	3 Months Ended
	Apr. 30, 2023
Segment Reporting [Abstract]
Geographic Information	Geographic Information Revenues We sell our subscription contracts and related services in two primary geographical markets: to customers located in the United States and to customers located outside of the United States. Revenues by geography are generally based on the address of the customer as specified in our customer subscription agreement. The following table sets forth revenues by geographic area (in thousands): Three Months Ended April 30, 2023 2022 United States $ 1,263,965 $ 1,075,045 Other countries 420,347 359,612 Total revenues $ 1,684,312 $ 1,434,657 Long-Lived Assets Our long-lived assets, which primarily consist of property and equipment and operating lease right-of-use assets, are attributed to a country based on the physical location of the assets. Aggregate Property and equipment, net and Operating lease right-of-use assets by geographic area was as follows (in thousands): April 30, 2023 January 31, 2023 United States $ 1,173,390 $ 1,206,486 Ireland 208,581 159,337 Other countries 90,805 84,709 Total long-lived assets $ 1,472,776 $ 1,450,532

Overview and Basis of Present_2

Overview and Basis of Presentation (Policies)	3 Months Ended
	Apr. 30, 2023
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”) and applicable rules and regulations of the Securities and Exchange Commission (“SEC”) regarding interim financial reporting. The condensed consolidated financial statements include the results of Workday, Inc. and its wholly-owned subsidiaries. All intercompany balances and transactions have been eliminated. Certain information and note disclosures normally included in the financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. In the opinion of our management, the information contained herein reflects all adjustments necessary for a fair presentation of Workday’s financial position, results of operations, stockholders’ equity, and cash flows. All such adjustments are of a normal, recurring nature. The results of operations for the three months ended April 30, 2023, shown in this report are not necessarily indicative of the results to be expected for the full fiscal year ending January 31, 2024. The unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements in our Annual Report on Form 10-K for the fiscal year ended January 31, 2023, filed with the SEC on February 27, 2023.
Use of Estimates	Use of Estimates The preparation of condensed consolidated financial statements in conformity with GAAP requires us to make certain estimates, judgements, and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the condensed consolidated financial statements, as well as the reported amounts of revenues and expenses during the reporting period. Significant estimates, judgements, and assumptions include, but are not limited to, the identification of distinct performance obligations for revenue recognition, the determination of the period of benefit for deferred commissions, the fair value and useful lives of assets acquired and liabilities assumed through business combinations, and the valuation of non-marketable equity investments. Actual results could differ from those estimates, judgements, and assumptions, and such differences could be material to our condensed consolidated financial statements.
Segment Information	Segment Information We operate in one operating segment, cloud applications. Operating segments are defined as components of an enterprise where separate financial information is evaluated regularly by a chief operating decision maker (“CODM”) in deciding how to allocate resources and assessing performance. For the three months ended April 30, 2023, our co-chief executive officers together served as CODM for purposes of segment reporting. Our CODM allocates resources and assesses performance based upon discrete financial information at the consolidated level.
Concentrations of Risk and Significant Customers	Concentrations of Risk and Significant Customers Our financial instruments that are exposed to concentrations of credit risk consist primarily of cash and cash equivalents, debt securities, and trade and other receivables. Our deposits exceed federally insured limits. In order to reduce the risk of down-time of our cloud applications, we have established data centers in various geographic regions. We serve our customers and users from data center facilities operated by third parties, located in the United States, Canada, and Europe. We have internal procedures to restore services in the event of disaster at one of our data center facilities. Even with these procedures for disaster recovery in place, our cloud applications could be significantly interrupted during the implementation of the procedures to restore services. In addition, we rely upon third-party hosted infrastructure partners globally, including Amazon Web Services (“AWS”), Google LLC, and Microsoft Corporation, to serve customers and operate certain aspects of our services. Given this, any disruption of or interference at our hosted infrastructure partners may impact our operations and our business could be adversely impacted.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements
Investments	We classify our debt securities as available-for-sale at the time of purchase and reevaluate such classification as of each balance sheet date. We consider all debt securities as funds available for use in current operations, including those with maturity dates beyond one year, and therefore classify these securities as current assets on the Condensed Consolidated Balance Sheets. Debt securities included in Marketable securities on the Condensed Consolidated Balance Sheets consist of securities with original maturities at the time of purchase greater than three months, and the remaining securities are included in Cash and cash equivalents.
Fair Value Measurements	We use a fair value hierarchy that requires that we maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. A financial instrument’s classification within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. Three levels of inputs may be used to measure fair value: Level 1 — Observable inputs that reflect quoted prices (unadjusted) for identical assets or liabilities in active markets. Level 2 — Other inputs that are directly or indirectly observable in the marketplace. Level 3 — Unobservable inputs that are supported by little or no market activity.
Derivative Instruments	We conduct business on a global basis in multiple foreign currencies, subjecting Workday to foreign currency exchange risk. To mitigate this risk, we utilize derivative hedging contracts as described below. We do not enter into any derivatives for trading or speculative purposes. Our foreign currency contracts are classified within Level 2 of the fair value hierarchy because the valuation inputs are based on quoted prices and market observable data of similar instruments in active markets, such as currency spot and forward rates. Cash Flow Hedges We enter into foreign currency forward contracts to hedge a portion of our forecasted revenue and expense transactions (“cash flow hedges”). We designate these forward contracts as cash flow hedging instruments since the accounting criteria for such designation has been met.
Net Income (Loss) Per Share	Basic net income (loss) per share is computed by dividing net income (loss) by the weighted-average number of shares of common stock outstanding during the period, net of treasury stock. Diluted net income (loss) per share is computed by giving effect to all potentially dilutive shares of common stock, including our convertible senior notes, outstanding warrants related to the issuance of the convertible senior notes, and outstanding share-based awards consisting primarily of unvested RSUs and ESPP obligations. The net income (loss) per share is allocated based on the contractual participation rights of the Class A common shares and Class B common shares as if the income (loss) for the period had been distributed. As the liquidation and dividend rights are identical, the net income (loss) is allocated on a proportionate basis.

Investments (Tables)

Investments (Tables)	3 Months Ended
	Apr. 30, 2023
Investments, Debt and Equity Securities [Abstract]
Summary of Debt Securities	As of April 30, 2023, debt securities consisted of the following (in thousands): Amortized Cost Unrealized Gains Unrealized Losses Aggregate Fair Value U.S. treasury securities $ 2,438,041 $ 975 $ (5,348) $ 2,433,668 U.S. agency obligations 479,204 720 (2,307) 477,617 Corporate bonds 1,484,215 3,604 (7,243) 1,480,576 Commercial paper 1,160,709 — — 1,160,709 Total debt securities $ 5,562,169 $ 5,299 $ (14,898) $ 5,552,570 Included in Cash and cash equivalents $ 732,881 $ 5 $ (2) $ 732,884 Included in Marketable securities $ 4,829,288 $ 5,294 $ (14,896) $ 4,819,686 As of January 31, 2023, debt securities consisted of the following (in thousands): Amortized Cost Unrealized Gains Unrealized Losses Aggregate Fair Value U.S. treasury securities $ 2,455,739 $ 77 $ (6,765) $ 2,449,051 U.S. agency obligations 325,664 — (3,874) 321,790 Corporate bonds 966,801 1,617 (6,715) 961,703 Commercial paper 1,016,641 — (5) 1,016,636 Total debt securities $ 4,764,845 $ 1,694 $ (17,359) $ 4,749,180 Included in Cash and cash equivalents $ 594,864 $ — $ (1) $ 594,863 Included in Marketable securities $ 4,169,980 $ 1,694 $ (17,357) $ 4,154,317
Equity Investments	Equity investments consisted of the following (in thousands): Condensed Consolidated Balance Sheets Location April 30, 2023 January 31, 2023 Money market funds Cash and cash equivalents $ 486,603 $ 902,226 Non-marketable equity investments measured using the measurement alternative Other assets 269,622 261,922 Marketable equity investments Marketable securities 65,624 80,766 Total equity investments $ 821,849 $ 1,244,914
Realized and Unrealized Gains and Losses With Equity Investments	Total realized and unrealized gains and losses associated with our equity investments consisted of the following (in thousands): Three Months Ended April 30, 2023 2022 Net realized gains (losses) recognized on equity investments sold (1) $ 55 $ 1,059 Net unrealized gains (losses) recognized on equity investments held as of the end of the period (8,068) (8,488) Total net gains (losses) recognized in Other income (expense), net $ (8,013) $ (7,429) (1) Reflects the difference between the sale proceeds and the carrying value of the equity investments at the beginning of the period.
Carrying Values Of Non-marketable Equity Investments	The carrying values for our non-marketable equity investments are summarized below (in thousands): April 30, 2023 January 31, 2023 Total initial cost $ 217,333 $ 206,833 Cumulative net unrealized gains (losses) 52,289 55,089 Carrying value $ 269,622 $ 261,922
Carrying Values Of Marketable Equity Investments	The carrying values for our marketable equity investments are summarized below (in thousands): April 30, 2023 January 31, 2023 Total initial cost $ 33,718 $ 38,449 Cumulative net unrealized gains (losses) 31,906 42,317 Carrying value $ 65,624 $ 80,766

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Apr. 30, 2023
Fair Value Disclosures [Abstract]
Information about Assets Measured at Fair Value on a Recurring Basis	The following table presents information about our assets and liabilities that are measured at fair value on a recurring basis and their assigned levels within the valuation hierarchy as of April 30, 2023 (in thousands): Level 1 Level 2 Level 3 Total U.S. treasury securities $ 2,433,668 $ — $ — $ 2,433,668 U.S. agency obligations — 477,617 — 477,617 Corporate bonds — 1,480,576 — 1,480,576 Commercial paper — 1,160,709 — 1,160,709 Money market funds 486,603 — — 486,603 Marketable equity investments 65,624 — — 65,624 Foreign currency derivative assets — 63,489 — 63,489 Total assets $ 2,985,895 $ 3,182,391 $ — $ 6,168,286 Foreign currency derivative liabilities $ — $ 32,309 $ — $ 32,309 Total liabilities $ — $ 32,309 $ — $ 32,309 The following table presents information about our assets and liabilities that are measured at fair value on a recurring basis and their assigned levels within the valuation hierarchy as of January 31, 2023 (in thousands): Level 1 Level 2 Level 3 Total U.S. treasury securities $ 2,449,051 $ — $ — $ 2,449,051 U.S. agency obligations — 321,790 — 321,790 Corporate bonds — 961,703 — 961,703 Commercial paper — 1,016,636 — 1,016,636 Money market funds 902,226 — — 902,226 Marketable equity investments 80,766 — — 80,766 Foreign currency derivative assets — 64,824 — 64,824 Total assets $ 3,432,043 $ 2,364,953 $ — $ 5,796,996 Foreign currency derivative liabilities $ — $ 33,972 $ — $ 33,972 Total liabilities $ — $ 33,972 $ — $ 33,972

Property and Equipment, Net (Ta

Property and Equipment, Net (Tables)	3 Months Ended
	Apr. 30, 2023
Property, Plant and Equipment [Abstract]
Summary of Property and Equipment, Net	Property and equipment, net consisted of the following (in thousands): April 30, 2023 January 31, 2023 Computers, equipment, and software $ 1,316,567 $ 1,286,540 Buildings 720,220 719,966 Leasehold improvements 202,888 202,101 Furniture, fixtures, and transportation equipment 89,391 90,816 Land and land improvements 80,977 81,083 Property and equipment, gross 2,410,043 2,380,506 Less accumulated depreciation and amortization (1,191,926) (1,179,252) Property and equipment, net $ 1,218,117 $ 1,201,254

Acquisition-Related Intangibl_2

Acquisition-Related Intangible Assets, Net (Tables)	3 Months Ended
	Apr. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Acquired Assets	Acquisition-related intangible assets, net consisted of the following (in thousands): April 30, 2023 January 31, 2023 Developed technology $ 342,700 $ 342,700 Customer relationships 311,100 311,100 Backlog 15,000 15,000 Trade name 12,500 12,500 Acquisition-related intangible assets, gross 681,300 681,300 Less accumulated amortization (397,039) (375,835) Acquisition-related intangible assets, net $ 284,261 $ 305,465
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	As of April 30, 2023, our future estimated amortization expense related to acquisition-related intangible assets was as follows (in thousands): Fiscal Period: Remainder of 2024 $ 53,114 2025 61,663 2026 55,748 2027 31,177 2028 26,944 Thereafter 55,615 Total $ 284,261 Fiscal Period: Remainder of 2024 $ 3,180 2025 3,639 2026 3,290 2027 2,942 2028 2,697 Thereafter 12,873 Total $ 28,621

Other Assets (Tables)

Other Assets (Tables)	3 Months Ended
	Apr. 30, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule of Other Noncurrent Assets	Other noncurrent assets consisted of the following (in thousands): April 30, 2023 January 31, 2023 Non-marketable equity and other investments $ 271,122 $ 263,485 Technology patents and other intangible assets, net 28,621 20,534 Prepayments for goods and services 23,373 23,466 Derivative assets 22,441 21,757 Net deferred tax assets 9,567 12,650 Deposits 6,559 5,819 Other 14,956 13,274 Total other assets $ 376,639 $ 360,985
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	As of April 30, 2023, our future estimated amortization expense related to acquisition-related intangible assets was as follows (in thousands): Fiscal Period: Remainder of 2024 $ 53,114 2025 61,663 2026 55,748 2027 31,177 2028 26,944 Thereafter 55,615 Total $ 284,261 Fiscal Period: Remainder of 2024 $ 3,180 2025 3,639 2026 3,290 2027 2,942 2028 2,697 Thereafter 12,873 Total $ 28,621

Derivative Instruments (Tables)

Derivative Instruments (Tables)	3 Months Ended
	Apr. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Fair Values of Outstanding Derivative Instruments	The fair values of outstanding derivative instruments were as follows (in thousands): Condensed Consolidated Balance Sheets Location April 30, 2023 January 31, 2023 Derivative assets: Cash flow hedges Prepaid expenses and other current assets $ 40,429 $ 42,968 Cash flow hedges Other assets 22,434 21,757 Non-designated hedges Prepaid expenses and other current assets 619 99 Non-designated hedges Other assets 7 — Total derivative assets $ 63,489 $ 64,824 Derivative liabilities: Cash flow hedges Accrued expenses and other current liabilities $ 14,847 $ 13,231 Cash flow hedges Other liabilities 16,975 15,496 Non-designated hedges Accrued expenses and other current liabilities 478 5,244 Non-designated hedges Other liabilities 9 1 Total derivative liabilities $ 32,309 $ 33,972
Derivative Instruments Gain (Loss)	The effect of cash flow hedges on the Condensed Consolidated Statements of Operations was as follows (in thousands): Three Months Ended April 30, Condensed Consolidated Statements of Operations Location 2023 2022 Total Gains (losses) related to cash flow hedges Total Gains (losses) related to cash flow hedges Revenues $ 1,684,312 $ 16,326 $ 1,434,657 $ (1,157) Costs and expenses 1,704,112 (698) 1,507,500 (829) Pre-tax gains (losses) associated with cash flow hedges were as follows (in thousands): Condensed Consolidated Statements of Operations and Statements of Comprehensive Income (Loss) Locations Three Months Ended April 30, 2023 2022 Gains (losses) recognized in OCI Net change in unrealized gains (losses) on cash flow hedges $ 1,996 $ 44,260 Gains (losses) reclassified from AOCI into income (effective portion) Revenues 16,326 (1,157) Gains (losses) reclassified from AOCI into income (effective portion) Costs and expenses (698) (829) Gains (losses) associated with non-designated hedges were as follows (in thousands): Condensed Consolidated Statements of Operations Location Three Months Ended April 30, 2023 2022 Gains (losses) related to non-designated hedges Other income (expense), net $ 2,434 $ 3,966
Offsetting Assets	As of April 30, 2023, information related to these offsetting arrangements was as follows (in thousands): Gross Amounts of Recognized Assets Gross Amounts Offset on the Condensed Consolidated Balance Sheets Net Amounts of Assets Presented on the Condensed Consolidated Balance Sheets Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets Net Assets Exposed Financial Instruments Cash Collateral Received Derivative assets: Counterparty A $ 16,048 $ — $ 16,048 $ (6,664) $ — $ 9,384 Counterparty B 16,138 — 16,138 (8,823) — 7,315 Counterparty C 2,883 — 2,883 (583) — 2,300 Counterparty D 24,835 — 24,835 (14,510) — 10,325 Counterparty E 3,585 — 3,585 (1,729) — 1,856 Total $ 63,489 $ — $ 63,489 $ (32,309) $ — $ 31,180
Offsetting Liabilities	Gross Amounts of Recognized Liabilities Gross Amounts Offset on the Condensed Consolidated Balance Sheets Net Amounts of Liabilities Presented on the Condensed Consolidated Balance Sheets Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets Net Liabilities Exposed Financial Instruments Cash Collateral Pledged Derivative liabilities: Counterparty A $ 6,664 $ — $ 6,664 $ (6,664) $ — $ — Counterparty B 8,823 — 8,823 (8,823) — — Counterparty C 583 — 583 (583) — — Counterparty D 14,510 — 14,510 (14,510) — — Counterparty E 1,729 — 1,729 (1,729) — — Total $ 32,309 $ — $ 32,309 $ (32,309) $ — $ —

Debt (Tables)

Debt (Tables)	3 Months Ended
	Apr. 30, 2023
Debt Disclosure [Abstract]
Outstanding Debt	Outstanding debt consisted of the following (in thousands): April 30, 2023 January 31, 2023 2027 Notes $ 1,000,000 $ 1,000,000 2029 Notes 750,000 750,000 2032 Notes 1,250,000 1,250,000 Total principal amount 3,000,000 3,000,000 Less: unamortized debt discount and issuance costs (23,111) (24,066) Net carrying amount 2,976,889 2,975,934 Debt, noncurrent $ 2,976,889 $ 2,975,934
Schedule of Maturities of Long-term Debt	As of April 30, 2023, the future principal payments for the outstanding debt were as follows (in thousands): Fiscal Period: Remainder of 2024 $ — 2025 — 2026 — 2027 — 2028 1,000,000 Thereafter 2,000,000 Total principal amount $ 3,000,000
Schedule of Interest Expense	The following table sets forth total interest expense recognized related to our debt (in thousands): Three Months Ended April 30, 2023 2022 Contractual interest expense $ 27,563 $ 11,385 Interest cost related to amortization and write-off of debt discount and issuance costs 955 2,601 Total interest expense $ 28,518 $ 13,986

Leases (Tables)

Leases (Tables)	3 Months Ended
	Apr. 30, 2023
Leases [Abstract]
Components of Lease Expense	The components of operating lease expense were as follows (in thousands): Three Months Ended April 30, 2023 2022 Operating lease cost $ 28,460 $ 23,644 Short-term lease cost 902 1,225 Variable lease cost 11,148 9,773 Total operating lease cost $ 40,510 $ 34,642
Information Related to Right-of-Use Assets and Lease Liabilities	Supplemental cash flow information related to our operating leases was as follows (in thousands): Three Months Ended April 30, 2023 2022 Cash paid for operating lease liabilities $ 28,410 $ 25,658 Operating lease right-of-use assets obtained in exchange for new operating lease liabilities 32,226 28,581 Other information related to our operating leases was as follows: April 30, 2023 January 31, 2023 Weighted average remaining lease term (in years) 5 5 Weighted average discount rate 2.98 % 2.79 %
Maturities of Operating Lease Liabilities	As of April 30, 2023, maturities of operating lease liabilities were as follows (in thousands): Fiscal Period: Remainder of 2024 $ 76,163 2025 83,869 2026 53,116 2027 34,482 2028 25,484 Thereafter 34,608 Total lease payments 307,722 Less imputed interest (29,699) Total operating lease liabilities $ 278,023

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	3 Months Ended
	Apr. 30, 2023
Equity [Abstract]
Summary of Information Related to Restricted Stock Units Activity	RSU activity during the three months ended April 30, 2023, was as follows (in thousands, except per share data): Number of Shares Weighted-Average Grant Date Fair Value Balance as of January 31, 2023 14,099 $ 206.38 RSUs granted 7,220 190.90 RSUs vested (2,408) 206.02 RSUs forfeited (210) 261.42 Balance as of April 30, 2023 18,701 199.83
Summary of Information Related to Stock Option Activity	Stock option activity during the three months ended April 30, 2023, was as follows (in thousands, except aggregate intrinsic value, which is reflected in millions and per share data): Outstanding Stock Options Weighted-Average Exercise Price Aggregate Intrinsic Value Balance as of January 31, 2023 115 $ 30.36 $ 17 Stock options exercised (9) 43.16 Stock options canceled — — Balance as of April 30, 2023 106 29.22 17 Vested and expected to vest as of April 30, 2023 106 29.22 17 Exercisable as of April 30, 2023 106 29.22 17

Other Income (Expense), Net (Ta

Other Income (Expense), Net (Tables)	3 Months Ended
	Apr. 30, 2023
Other Income and Expenses [Abstract]
Other Income (Expense), Net	Other income (expense), net consisted of the following (in thousands): Three Months Ended April 30, 2023 2022 Interest income $ 62,695 $ 4,007 Interest expense (1) (28,546) (14,018) Other (2) (7,440) (10,152) Total other income (expense), net $ 26,709 $ (20,163) (1) Interest expense primarily includes the contractual interest expense of our debt obligations, and the related non-cash interest expense attributable to amortization of the debt discount and issuance costs. For further information, see Note 10, Debt . (2) Other primarily includes the net gains (losses) from our equity investments. For further information, see Note 3, Investments .

Net Income (Loss) Per Share (Ta

Net Income (Loss) Per Share (Tables)	3 Months Ended
	Apr. 30, 2023
Earnings Per Share [Abstract]
Summary of Calculation of Basic and Diluted Net Income (Loss) Per Share	The following table presents the calculation of basic and diluted net income (loss) per share (in thousands, except per share data): Three Months Ended April 30, 2023 2022 Class A Class B Class A Class B Net income (loss) per share, basic: Numerator: Net income (loss) $ 107 $ 29 $ (79,738) $ (22,435) Denominator: Weighted-average shares outstanding, basic 204,187 54,633 196,466 55,277 Net income (loss) per share, basic $ 0.00 $ 0.00 $ (0.41) $ (0.41) Net income (loss) per share, diluted: Numerator: Net income (loss) $ 107 $ 29 $ (79,738) $ (22,435) Reallocation of net income as a result of conversion of Class B to Class A common stock 29 — — — Reallocation of net income to Class B common stock — — — — Net income (loss) for diluted calculation 136 29 (79,738) (22,435) Denominator: Weighted-average shares outstanding, basic 204,187 54,633 196,466 55,277 Conversion of Class B to Class A common stock 54,633 — — — Dilutive effect of share-based awards 2,551 — — — Weighted-average shares outstanding, diluted 261,371 54,633 196,466 55,277 Net income (loss) per share, diluted $ 0.00 $ 0.00 $ (0.41) $ (0.41)
Shares Excluded from Diluted Net Income (Loss) Per Share	The effects of these potentially outstanding shares were not included in the calculation of diluted net income (loss) per share because the effect would have been anti-dilutive (in thousands): Three Months Ended April 30, 2023 2022 Shares related to outstanding share-based awards 3,909 13,654 Shares related to the convertible senior notes — 7,816 Shares subject to warrants related to the issuance of convertible senior notes 2,108 7,818 Total 6,017 29,288

Geographic Information (Tables)

Geographic Information (Tables)	3 Months Ended
	Apr. 30, 2023
Segment Reporting [Abstract]
Summary of Revenues by Geographic Area	The following table sets forth revenues by geographic area (in thousands): Three Months Ended April 30, 2023 2022 United States $ 1,263,965 $ 1,075,045 Other countries 420,347 359,612 Total revenues $ 1,684,312 $ 1,434,657
Long-lived Assets by Geographic Areas	Aggregate Property and equipment, net and Operating lease right-of-use assets by geographic area was as follows (in thousands): April 30, 2023 January 31, 2023 United States $ 1,173,390 $ 1,206,486 Ireland 208,581 159,337 Other countries 90,805 84,709 Total long-lived assets $ 1,472,776 $ 1,450,532

Overview and Basis of Present_3

Overview and Basis of Presentation (Detail) $ in Millions	3 Months Ended
	Apr. 30, 2023 USD ($) segment	Apr. 30, 2022 USD ($)
Property, Plant and Equipment [Line Items]
Decrease in depreciation expense	$ (48)	$ (67)
Number of operating segments | segment	1
Data Center Equipment | Long-Lived Tangible Assets, Amortization Period
Property, Plant and Equipment [Line Items]
Decrease in depreciation expense	$ 30
Minimum | Data Center Equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life (years)	3 years
Maximum | Data Center Equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life (years)	5 years

Investments - Summary of Market

Investments - Summary of Marketable Securities (Details) - USD ($) $ in Thousands	Apr. 30, 2023	Jan. 31, 2023
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 5,562,169	$ 4,764,845
Unrealized Gains	5,299	1,694
Unrealized Losses	(14,898)	(17,359)
Aggregate Fair Value	5,552,570	4,749,180
Included in Cash and cash equivalents
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	732,881	594,864
Unrealized Gains	5	0
Unrealized Losses	(2)	(1)
Aggregate Fair Value	732,884	594,863
Included in Marketable securities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	4,829,288	4,169,980
Unrealized Gains	5,294	1,694
Unrealized Losses	(14,896)	(17,357)
Aggregate Fair Value	4,819,686	4,154,317
U.S. treasury securities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	2,438,041	2,455,739
Unrealized Gains	975	77
Unrealized Losses	(5,348)	(6,765)
Aggregate Fair Value	2,433,668	2,449,051
U.S. agency obligations
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	479,204	325,664
Unrealized Gains	720	0
Unrealized Losses	(2,307)	(3,874)
Aggregate Fair Value	477,617	321,790
Corporate bonds
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	1,484,215	966,801
Unrealized Gains	3,604	1,617
Unrealized Losses	(7,243)	(6,715)
Aggregate Fair Value	1,480,576	961,703
Commercial paper
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	1,160,709	1,016,641
Unrealized Gains	0	0
Unrealized Losses	0	(5)
Aggregate Fair Value	$ 1,160,709	$ 1,016,636

Investments - Narrative (Detail

Investments - Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 30, 2023	Apr. 30, 2022	Jan. 31, 2023
Investments, Debt and Equity Securities [Abstract]
Fair value of debt securities in an unrealized loss position	$ 3,000		$ 3,100
Credit and non-credit losses on debt securities	0	$ 0
Proceeds of sale of debt securities	12	0
Impairment loss on non-marketable equity securities	3	14
Upward price adjustment to non-marketable equity investments	0	3
Proceeds from sale of available-for-sale securities, equity	10	5
Gain on sale of equity securities marketable equity investments	0	1
Equity securities, unrealized loss	$ 5
Equity securities, unrealized gain		$ 3

Investments - Equity Investment

Investments - Equity Investments (Details) - USD ($) $ in Thousands	Apr. 30, 2023	Jan. 31, 2023
Schedule of Equity Method Investments [Line Items]
Non-marketable equity investments measured using the measurement alternative	$ 269,622	$ 261,922
Equity investments	821,849	1,244,914
Cash and cash equivalents
Schedule of Equity Method Investments [Line Items]
Equity securities	486,603	902,226
Other assets
Schedule of Equity Method Investments [Line Items]
Non-marketable equity investments measured using the measurement alternative	269,622	261,922
Marketable securities
Schedule of Equity Method Investments [Line Items]
Equity securities	$ 65,624	$ 80,766

Investments - Equity Investme_2

Investments - Equity Investments Realized and Unrealized Gains (Losses) (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2023	Apr. 30, 2022
Investments, Debt and Equity Securities [Abstract]
Net realized gains (losses) recognized on equity investments sold	$ 55	$ 1,059
Net unrealized gains (losses) recognized on equity investments held as of the end of the period	(8,068)	(8,488)
Total net gains (losses) recognized in Other income (expense), net	$ (8,013)	$ (7,429)

Investments - Schedule of Non-M

Investments - Schedule of Non-Marketable Equity Investments (Details) - USD ($) $ in Thousands	Apr. 30, 2023	Jan. 31, 2023
Investments, Debt and Equity Securities [Abstract]
Total initial cost	$ 217,333	$ 206,833
Cumulative net unrealized gains (losses)	52,289	55,089
Carrying value	$ 269,622	$ 261,922

Investments - Schedule of Marke

Investments - Schedule of Marketable Equity Investments (Details) - USD ($) $ in Thousands	Apr. 30, 2023	Jan. 31, 2023
Debt and Equity Securities, FV-NI [Line Items]
Total initial cost	$ 33,718	$ 38,449
Cumulative net unrealized gains (losses)	31,906	42,317
Marketable securities
Debt and Equity Securities, FV-NI [Line Items]
Equity securities	$ 65,624	$ 80,766

Fair Value Measurements - Infor

Fair Value Measurements - Information about Assets Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands	Apr. 30, 2023	Jan. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities	$ 5,552,570	$ 4,749,180
Foreign currency derivative assets	63,489
Foreign currency derivative liabilities	32,309
U.S. treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities	2,433,668	2,449,051
U.S. agency obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities	477,617	321,790
Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities	1,480,576	961,703
Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities	1,160,709	1,016,636
Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable equity investments	65,624	80,766
Foreign currency derivative assets	63,489	64,824
Total assets	6,168,286	5,796,996
Foreign currency derivative liabilities	32,309	33,972
Total liabilities	32,309	33,972
Fair Value, Measurements, Recurring | U.S. treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities	2,433,668	2,449,051
Fair Value, Measurements, Recurring | U.S. agency obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities	477,617	321,790
Fair Value, Measurements, Recurring | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities	1,480,576	961,703
Fair Value, Measurements, Recurring | Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities	1,160,709	1,016,636
Fair Value, Measurements, Recurring | Money market funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Money market funds	486,603	902,226
Fair Value, Measurements, Recurring | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable equity investments	65,624	80,766
Foreign currency derivative assets	0	0
Total assets	2,985,895	3,432,043
Foreign currency derivative liabilities	0	0
Total liabilities	0	0
Fair Value, Measurements, Recurring | Level 1 | U.S. treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities	2,433,668	2,449,051
Fair Value, Measurements, Recurring | Level 1 | U.S. agency obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities	0	0
Fair Value, Measurements, Recurring | Level 1 | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities	0	0
Fair Value, Measurements, Recurring | Level 1 | Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities	0	0
Fair Value, Measurements, Recurring | Level 1 | Money market funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Money market funds	486,603	902,226
Fair Value, Measurements, Recurring | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable equity investments	0	0
Foreign currency derivative assets	63,489	64,824
Total assets	3,182,391	2,364,953
Foreign currency derivative liabilities	32,309	33,972
Total liabilities	32,309	33,972
Fair Value, Measurements, Recurring | Level 2 | U.S. treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities	0	0
Fair Value, Measurements, Recurring | Level 2 | U.S. agency obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities	477,617	321,790
Fair Value, Measurements, Recurring | Level 2 | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities	1,480,576	961,703
Fair Value, Measurements, Recurring | Level 2 | Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities	1,160,709	1,016,636
Fair Value, Measurements, Recurring | Level 2 | Money market funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Money market funds	0	0
Fair Value, Measurements, Recurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable equity investments	0	0
Foreign currency derivative assets	0	0
Total assets	0	0
Foreign currency derivative liabilities	0	0
Total liabilities	0	0
Fair Value, Measurements, Recurring | Level 3 | U.S. treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities	0	0
Fair Value, Measurements, Recurring | Level 3 | U.S. agency obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities	0	0
Fair Value, Measurements, Recurring | Level 3 | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities	0	0
Fair Value, Measurements, Recurring | Level 3 | Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities	0	0
Fair Value, Measurements, Recurring | Level 3 | Money market funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Money market funds	$ 0	$ 0

Deferred Costs (Details)

Deferred Costs (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 30, 2023	Apr. 30, 2022	Jan. 31, 2023
Revenue from Contract with Customer [Abstract]
Deferred sales commission	$ 598		$ 612
Amortization of deferred costs	49	$ 39
Capitalized contract cost, impairment loss	$ 0	$ 0

Property and Equipment, Net - S

Property and Equipment, Net - Summary of Property and Equipment (Details) - USD ($) $ in Thousands	Apr. 30, 2023	Jan. 31, 2023
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 2,410,043	$ 2,380,506
Less accumulated depreciation and amortization	(1,191,926)	(1,179,252)
Property and equipment, net	1,218,117	1,201,254
Computers, equipment, and software
Property, Plant and Equipment [Line Items]
Property and equipment, gross	1,316,567	1,286,540
Buildings
Property, Plant and Equipment [Line Items]
Property and equipment, gross	720,220	719,966
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property and equipment, gross	202,888	202,101
Furniture, fixtures, and transportation equipment
Property, Plant and Equipment [Line Items]
Property and equipment, gross	89,391	90,816
Land and land improvements
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 80,977	$ 81,083

Property and Equipment, Net - N

Property and Equipment, Net - Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 30, 2023	Apr. 30, 2022
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 48	$ 67

Acquisition-Related Intangibl_3

Acquisition-Related Intangible Assets, Net - Schedule of Acquired Assets (Detail) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2023	Apr. 30, 2022	Jan. 31, 2023
Acquisition-related intangible assets
Finite-Lived Intangible Assets [Line Items]
Intangible assets, gross	$ 681,300		$ 681,300
Less accumulated amortization	(397,039)		(375,835)
Total	284,261		305,465
Amortization of intangible assets	21,000	$ 22,000
Developed technology
Finite-Lived Intangible Assets [Line Items]
Intangible assets, gross	342,700		342,700
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Intangible assets, gross	311,100		311,100
Backlog
Finite-Lived Intangible Assets [Line Items]
Intangible assets, gross	15,000		15,000
Trade name
Finite-Lived Intangible Assets [Line Items]
Intangible assets, gross	$ 12,500		$ 12,500

Acquisition-Related Intangibl_4

Acquisition-Related Intangible Assets, Net - Schedule of Future Amortization Expense (Detail) - Acquisition-related intangible assets - USD ($) $ in Thousands	Apr. 30, 2023	Jan. 31, 2023
Finite-Lived Intangible Assets [Line Items]
Remainder of 2024	$ 53,114
2025	61,663
2026	55,748
2027	31,177
2028	26,944
Thereafter	55,615
Total	$ 284,261	$ 305,465

Other Assets - Schedule of Othe

Other Assets - Schedule of Other Noncurrent Assets (Details) - USD ($) $ in Thousands	Apr. 30, 2023	Jan. 31, 2023
Other Assets [Line Items]
Non-marketable equity and other investments	$ 271,122	$ 263,485
Prepayments for goods and services	23,373	23,466
Derivative assets	22,441	21,757
Net deferred tax assets	9,567	12,650
Deposits	6,559	5,819
Other	14,956	13,274
Total other assets	376,639	360,985
Patented Technology and Other Intangible Assets, Net
Other Assets [Line Items]
Technology patents and other intangible assets, net	$ 28,621	$ 20,534

Other Assets - Summary of Futur

Other Assets - Summary of Future Estimated Amortization Expense Related to Acquired Land Leasehold Interest and Technology Patents (Details) - Patented Technology and Other Intangible Assets, Net - USD ($) $ in Thousands	Apr. 30, 2023	Jan. 31, 2023
Finite-Lived Intangible Assets [Line Items]
Remainder of 2024	$ 3,180
2025	3,639
2026	3,290
2027	2,942
2028	2,697
Thereafter	12,873
Total	$ 28,621	$ 20,534

Derivative Instruments - Narrat

Derivative Instruments - Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 30, 2023	Jan. 31, 2023
Derivative [Line Items]
Net gains on cash flow hedges estimated to be reclassified into income within the next 12 months	$ 56
Non-designated hedges | Long
Derivative [Line Items]
Derivative, notional amount	65	$ 235
Non-designated hedges | Short
Derivative [Line Items]
Derivative, notional amount	10	2
Cash flow hedges | Cash flow hedges | Long
Derivative [Line Items]
Derivative, notional amount	1,900	1,700
Cash flow hedges | Cash flow hedges | Short
Derivative [Line Items]
Derivative, notional amount	$ 336	$ 324
Cash flow hedges | Cash flow hedges | Maximum
Derivative [Line Items]
Derivative, remaining maturity (in months)	47 months

Derivative Instruments - Fair V

Derivative Instruments - Fair Values of Outstanding Derivative Instruments (Details) - USD ($) $ in Thousands	Apr. 30, 2023	Jan. 31, 2023
Derivatives, Fair Value [Line Items]
Derivative assets:	$ 63,489	$ 64,824
Derivative liabilities:	32,309	33,972
Non-designated hedges | Prepaid expenses and other current assets
Derivatives, Fair Value [Line Items]
Derivative assets:	619	99
Non-designated hedges | Other assets
Derivatives, Fair Value [Line Items]
Derivative assets:	7	0
Non-designated hedges | Accrued expenses and other current liabilities
Derivatives, Fair Value [Line Items]
Derivative liabilities:	478	5,244
Non-designated hedges | Other liabilities
Derivatives, Fair Value [Line Items]
Derivative liabilities:	9	1
Cash flow hedges | Cash flow hedges | Prepaid expenses and other current assets
Derivatives, Fair Value [Line Items]
Derivative assets:	40,429	42,968
Cash flow hedges | Cash flow hedges | Other assets
Derivatives, Fair Value [Line Items]
Derivative assets:	22,434	21,757
Cash flow hedges | Cash flow hedges | Accrued expenses and other current liabilities
Derivatives, Fair Value [Line Items]
Derivative liabilities:	14,847	13,231
Cash flow hedges | Cash flow hedges | Other liabilities
Derivatives, Fair Value [Line Items]
Derivative liabilities:	$ 16,975	$ 15,496

Derivative Instruments - Effect

Derivative Instruments - Effect of Cash Flow Hedges on Income Statement (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2023	Apr. 30, 2022
Derivative Instruments, Gain (Loss) [Line Items]
Revenues	$ 1,684,312	$ 1,434,657
Costs and expenses	1,704,112	1,507,500
Revenues
Derivative Instruments, Gain (Loss) [Line Items]
Gains (losses) related to cash flow hedges	16,326	(1,157)
Costs and expenses
Derivative Instruments, Gain (Loss) [Line Items]
Gains (losses) related to cash flow hedges	$ (698)	$ (829)

Derivative Instruments - Pre-ta

Derivative Instruments - Pre-tax Gains (Losses) Associated with Cash Flow Hedges (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2023	Apr. 30, 2022
Derivative Instruments, Gain (Loss) [Line Items]
Gains (losses) recognized in OCI	$ 1,996	$ 44,260
Revenues
Derivative Instruments, Gain (Loss) [Line Items]
Gains (losses) reclassified from AOCI into income (effective portion)	16,326	(1,157)
Costs and expenses
Derivative Instruments, Gain (Loss) [Line Items]
Gains (losses) reclassified from AOCI into income (effective portion)	(698)	(829)
Other income (expense), net
Derivative Instruments, Gain (Loss) [Line Items]
Gains (losses) related to non-designated hedges	$ 2,434	$ 3,966

Derivative Instruments - Offset

Derivative Instruments - Offsetting Assets (Details) - USD ($) $ in Thousands	Apr. 30, 2023	Jan. 31, 2023
Offsetting Assets [Line Items]
Gross Amounts of Recognized Assets	$ 63,489	$ 64,824
Gross Amounts Offset on the Condensed Consolidated Balance Sheets	0
Net Amounts of Assets Presented on the Condensed Consolidated Balance Sheets	63,489
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Financial Instruments	(32,309)
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Cash Collateral Received	0
Net Assets Exposed	31,180
Counterparty A
Offsetting Assets [Line Items]
Gross Amounts of Recognized Assets	16,048
Gross Amounts Offset on the Condensed Consolidated Balance Sheets	0
Net Amounts of Assets Presented on the Condensed Consolidated Balance Sheets	16,048
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Financial Instruments	(6,664)
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Cash Collateral Received	0
Net Assets Exposed	9,384
Counterparty B
Offsetting Assets [Line Items]
Gross Amounts of Recognized Assets	16,138
Gross Amounts Offset on the Condensed Consolidated Balance Sheets	0
Net Amounts of Assets Presented on the Condensed Consolidated Balance Sheets	16,138
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Financial Instruments	(8,823)
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Cash Collateral Received	0
Net Assets Exposed	7,315
Counterparty C
Offsetting Assets [Line Items]
Gross Amounts of Recognized Assets	2,883
Gross Amounts Offset on the Condensed Consolidated Balance Sheets	0
Net Amounts of Assets Presented on the Condensed Consolidated Balance Sheets	2,883
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Financial Instruments	(583)
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Cash Collateral Received	0
Net Assets Exposed	2,300
Counterparty D
Offsetting Assets [Line Items]
Gross Amounts of Recognized Assets	24,835
Gross Amounts Offset on the Condensed Consolidated Balance Sheets	0
Net Amounts of Assets Presented on the Condensed Consolidated Balance Sheets	24,835
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Financial Instruments	(14,510)
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Cash Collateral Received	0
Net Assets Exposed	10,325
Counterparty E
Offsetting Assets [Line Items]
Gross Amounts of Recognized Assets	3,585
Gross Amounts Offset on the Condensed Consolidated Balance Sheets	0
Net Amounts of Assets Presented on the Condensed Consolidated Balance Sheets	3,585
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Financial Instruments	(1,729)
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Cash Collateral Received	0
Net Assets Exposed	$ 1,856

Derivative Instruments - Offs_2

Derivative Instruments - Offsetting Liabilities (Details) - USD ($) $ in Thousands	Apr. 30, 2023	Jan. 31, 2023
Offsetting Liabilities [Line Items]
Gross Amounts of Recognized Liabilities	$ 32,309	$ 33,972
Gross Amounts Offset on the Condensed Consolidated Balance Sheets	0
Net Amounts of Liabilities Presented on the Condensed Consolidated Balance Sheets	32,309
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Financial Instruments	(32,309)
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Cash Collateral Pledged	0
Net Liabilities Exposed	0
Counterparty A
Offsetting Liabilities [Line Items]
Gross Amounts of Recognized Liabilities	6,664
Gross Amounts Offset on the Condensed Consolidated Balance Sheets	0
Net Amounts of Liabilities Presented on the Condensed Consolidated Balance Sheets	6,664
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Financial Instruments	(6,664)
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Cash Collateral Pledged	0
Net Liabilities Exposed	0
Counterparty B
Offsetting Liabilities [Line Items]
Gross Amounts of Recognized Liabilities	8,823
Gross Amounts Offset on the Condensed Consolidated Balance Sheets	0
Net Amounts of Liabilities Presented on the Condensed Consolidated Balance Sheets	8,823
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Financial Instruments	(8,823)
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Cash Collateral Pledged	0
Net Liabilities Exposed	0
Counterparty C
Offsetting Liabilities [Line Items]
Gross Amounts of Recognized Liabilities	583
Gross Amounts Offset on the Condensed Consolidated Balance Sheets	0
Net Amounts of Liabilities Presented on the Condensed Consolidated Balance Sheets	583
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Financial Instruments	(583)
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Cash Collateral Pledged	0
Net Liabilities Exposed	0
Counterparty D
Offsetting Liabilities [Line Items]
Gross Amounts of Recognized Liabilities	14,510
Gross Amounts Offset on the Condensed Consolidated Balance Sheets	0
Net Amounts of Liabilities Presented on the Condensed Consolidated Balance Sheets	14,510
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Financial Instruments	(14,510)
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Cash Collateral Pledged	0
Net Liabilities Exposed	0
Counterparty E
Offsetting Liabilities [Line Items]
Gross Amounts of Recognized Liabilities	1,729
Gross Amounts Offset on the Condensed Consolidated Balance Sheets	0
Net Amounts of Liabilities Presented on the Condensed Consolidated Balance Sheets	1,729
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Financial Instruments	(1,729)
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Cash Collateral Pledged	0
Net Liabilities Exposed	$ 0

Debt - Outstanding Debt (Detail

Debt - Outstanding Debt (Details) - USD ($) $ in Thousands	Apr. 30, 2023	Jan. 31, 2023
Debt Instrument [Line Items]
Long-term debt, gross	$ 3,000,000	$ 3,000,000
Less: unamortized debt discount and issuance costs	(23,111)	(24,066)
Net carrying amount	2,976,889	2,975,934
Debt, noncurrent	2,976,889	2,975,934
2027 Notes
Debt Instrument [Line Items]
Long-term debt, gross	1,000,000	1,000,000
2029 Notes
Debt Instrument [Line Items]
Long-term debt, gross	750,000	750,000
2032 Notes
Debt Instrument [Line Items]
Long-term debt, gross	$ 1,250,000	$ 1,250,000

Debt - Schedule of Maturities o

Debt - Schedule of Maturities of Long-term Debt (Details) - USD ($) $ in Thousands	Apr. 30, 2023	Jan. 31, 2023
Debt Disclosure [Abstract]
Remainder of 2024	$ 0
2025	0
2026	0
2027	0
2028	1,000,000
Thereafter	2,000,000
Total principal amount	$ 3,000,000	$ 3,000,000

Debt - Senior Notes, Credit Agr

Debt - Senior Notes, Credit Agreement, Convertible Senior Notes, Notes Hedges and Warrants (Details) $ / shares in Units, shares in Millions	1 Months Ended	3 Months Ended		12 Months Ended
	Apr. 30, 2022 USD ($)	Apr. 30, 2023 USD ($) trading_day $ / shares shares	Oct. 31, 2022 USD ($) shares	Jan. 31, 2023 USD ($) shares	Apr. 30, 2020 USD ($)	Sep. 30, 2017 USD ($)
Debt Instrument [Line Items]
Debt discount and issuance costs		$ 23,111,000		$ 24,066,000
Senior Notes
Debt Instrument [Line Items]
Principal	$ 3,000,000,000
Debt discount and issuance costs	27,000,000
Fair value of Senior Notes		$ 2,800,000,000
2027 Notes | Senior Notes
Debt Instrument [Line Items]
Principal	$ 1,000,000,000
Contractual interest rate	3.50%
Effective interest rate		3.67%
2029 Notes | Senior Notes
Debt Instrument [Line Items]
Principal	$ 750,000,000
Contractual interest rate	3.70%
Effective interest rate		3.82%
2032 Notes | Senior Notes
Debt Instrument [Line Items]
Principal	$ 1,250,000,000
Contractual interest rate	3.80%
Effective interest rate		3.90%
2022 Credit Agreement
Debt Instrument [Line Items]
Debt instrument, maximum leverage ratio		3.50
Debt instrument, maximum leverage ratio step up		4.50
2022 Credit Agreement | Revolving Credit Facility
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 1,000,000,000
Long-term line of credit		$ 0
Term Loan | Term Loan
Debt Instrument [Line Items]
Principal					$ 750,000,000
Remaining principal paid off	694,000,000
2020 Credit Agreement | Revolving Credit Facility
Debt Instrument [Line Items]
Maximum borrowing capacity					$ 750,000,000
Long-term line of credit	$ 0
2022 Notes
Debt Instrument [Line Items]
Repayments on convertible senior notes			$ 1,150,000,000
Shares covered by each purchased options or warrants (in shares) | shares		7.8
Number of trading days related to warrants (in days) | trading_day		60
Exercise price of warrants (in dollars per share) | $ / shares		$ 213.96
2022 Notes | Convertible Debt
Debt Instrument [Line Items]
Principal						$ 1,150,000,000
Contractual interest rate						0.25%
2022 Notes | Convertible Debt | Class A
Debt Instrument [Line Items]
Settlement of convertible senior notes (in shares) | shares				0.6
Indexed shares (in shares) | shares		7.8
Initial conversion price (in dollars per share) | $ / shares		$ 147.10
Purchase of treasury stock from the exercise of convertible senior notes hedges (in shares) | shares			0.6
Base Rate | Minimum | 2022 Credit Agreement
Debt Instrument [Line Items]
Basis spread on variable rate		0%
Base Rate | Maximum | 2022 Credit Agreement
Debt Instrument [Line Items]
Basis spread on variable rate		0.50%
Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | 2022 Credit Agreement
Debt Instrument [Line Items]
Basis spread on variable rate		0.10%
Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | Minimum | 2022 Credit Agreement
Debt Instrument [Line Items]
Basis spread on variable rate		0.75%
Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | Maximum | 2022 Credit Agreement
Debt Instrument [Line Items]
Basis spread on variable rate		1.50%

Debt - Schedule of Interest Exp

Debt - Schedule of Interest Expense (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2023	Apr. 30, 2022
Debt Disclosure [Abstract]
Contractual interest expense	$ 27,563	$ 11,385
Interest cost related to amortization and write-off of debt discount and issuance costs	955	2,601
Total interest expense	$ 28,518	$ 13,986

Leases - Narrative (Details)

Leases - Narrative (Details) - USD ($) $ in Thousands	Apr. 30, 2023	Jan. 31, 2023
Lessee, Lease, Description [Line Items]
Operating lease right-of-use assets	$ 254,659	$ 249,278
Operating lease liabilities	278,023	$ 273,000
Operating lease, lease not yet commenced, payment	$ 50,000
Minimum
Lessee, Lease, Description [Line Items]
Operating lease, lease not yet commenced, term (years)	5 years
Maximum
Lessee, Lease, Description [Line Items]
Operating lease, lease not yet commenced, term (years)	6 years

Leases - Components of Lease Ex

Leases - Components of Lease Expense (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2023	Apr. 30, 2022
Leases [Abstract]
Operating lease cost	$ 28,460	$ 23,644
Short-term lease cost	902	1,225
Variable lease cost	11,148	9,773
Total operating lease cost	$ 40,510	$ 34,642

Leases - Information Related to

Leases - Information Related to Our Right-of-Use Assets and Lease Liabilities (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2023	Apr. 30, 2022	Jan. 31, 2023
Leases [Abstract]
Cash paid for operating lease liabilities	$ 28,410	$ 25,658
Operating lease right-of-use assets obtained in exchange for new operating lease liabilities	$ 32,226	$ 28,581
Weighted average remaining lease term (in years)	5 years		5 years
Weighted average discount rate	2.98%		2.79%

Leases - Maturities of Operatin

Leases - Maturities of Operating Lease Liabilities (Details) - USD ($) $ in Thousands	Apr. 30, 2023	Jan. 31, 2023
Lessee, Operating Lease, Liability, Payment, Due [Abstract]
Remainder of 2024	$ 76,163
2025	83,869
2026	53,116
2027	34,482
2028	25,484
Thereafter	34,608
Total lease payments	307,722
Less imputed interest	(29,699)
Total operating lease liabilities	$ 278,023	$ 273,000

Stockholders' Equity - Narrativ

Stockholders' Equity - Narrative (Details) $ / shares in Units, $ in Millions	1 Months Ended	3 Months Ended
	Dec. 31, 2022 $ / shares shares	Apr. 30, 2023 USD ($) vote $ / shares shares	Nov. 30, 2022 USD ($)	Jun. 30, 2022 shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Authorized repurchase amount | $			$ 500
Term of contract (in months)		18 months
Authorized remaining amount to be purchased | $		$ 425
Unrecognized compensation cost | $		$ 0
Common stock:
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Treasury stock repurchased (in shares)		0
2022 Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Reserved for future issuance (in shares)				30,000,000
Common stock available for future grants (in shares)		21,000,000
Employee Stock Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock available for future grants (in shares)		5,000,000
Employee Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of fair market value of stock at which employees are granted shares		85%
Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Period of vesting (in years)		4 years
Unrecognized compensation cost, other than options | $		$ 2,800
Unrecognized compensation cost recognized over weighted-average period (in years)		3 years
RSUs granted (in shares)		7,220,000
Weighted average grant date fair value (in dollars per share) | $ / shares		$ 190.90
Market-Based Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost, other than options | $		$ 30
Unrecognized compensation cost recognized over weighted-average period (in years)		5 years
Expected volatility	40%
Risk-free interest rate	4%
Expected term (in years)	6 years
Weighted average grant date fair value (in dollars per share) | $ / shares	$ 124.80
Requisite service period (in years)	5 years
Market-Based Restricted Stock Units | Co-CEO
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
RSUs granted (in shares)	300,000
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Period of vesting (in years)		5 years
Period of which options become exercisable (in years)		10 years
Class A
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock, outstanding (in shares)		206,000,000
Common stock, votes per share | vote		1
Class B
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock, outstanding (in shares)		55,000,000
Common stock, votes per share | vote		10

Stockholders' Equity - Restrict

Stockholders' Equity - Restricted Stock Units Activity (Details) - Restricted Stock Units	3 Months Ended
	Apr. 30, 2023 $ / shares shares
Number of Shares
Beginning Balance (in shares) | shares	14,099,000
RSUs granted (in shares) | shares	7,220,000
RSUs vested (in shares) | shares	(2,408,000)
RSUs forfeited (in shares) | shares	(210,000)
Ending Balance (in shares) | shares	18,701,000
Weighted-Average Grant Date Fair Value
Beginning Balance (in dollars per share) | $ / shares	$ 206.38
RSUs granted (in dollars per share) | $ / shares	190.90
RSUs vested (in dollars per share) | $ / shares	206.02
RSUs forfeited (in dollars per share) | $ / shares	261.42
Ending Balance (in dollars per share) | $ / shares	$ 199.83

Stockholders' Equity - Stock Op

Stockholders' Equity - Stock Options (Details) $ / shares in Units, $ in Millions	3 Months Ended
	Apr. 30, 2023 USD ($) $ / shares shares
Outstanding Stock Options
Beginning Balance (in shares) | shares	115,000
Stock options exercised (in shares) | shares	(9,000)
Stock options canceled (in shares) | shares	0
Ending Balance (in shares) | shares	106,000
Vested and expected to vest (in shares) | shares	106,000
Exercisable (in shares) | shares	106,000
Weighted-Average Exercise Price
Beginning Balance (in dollars per share) | $ / shares	$ 30.36
Stock options exercised (in dollars per share) | $ / shares	43.16
Stock options canceled (in dollars per share) | $ / shares	0
Ending Balance (in dollars per share) | $ / shares	29.22
Vested and expected to vest, Weighted-Average Exercise Price (in dollars per share) | $ / shares	29.22
Exercisable, Weighted-Average Exercise Price (in dollars per share) | $ / shares	$ 29.22
Beginning balance, Aggregate Intrinsic Value | $	$ 17
Ending balance, Aggregate Intrinsic Value | $	17
Vested and expected to vest, Aggregate Intrinsic Value | $	17
Exercisable, Aggregate Intrinsic Value | $	$ 17

Unearned Revenue and Performa_2

Unearned Revenue and Performance Obligations - Narrative (Details) - USD ($) $ in Billions	3 Months Ended
	Apr. 30, 2023	Apr. 30, 2022
Revenue from Contract with Customer [Abstract]
Subscription revenue recognized that was included in total unearned revenue balance at beginning of period	$ 1.3	$ 1.1

Unearned Revenue and Performa_3

Unearned Revenue and Performance Obligations - Transaction Price Allocated to the Remaining Performance Obligations (Details) - Subscription services $ in Billions	Apr. 30, 2023 USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue is expected to be recognized from remaining performance obligations for subscription contracts	$ 16.7
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-05-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue is expected to be recognized from remaining performance obligations for subscription contracts	$ 9.8
Recognition period (in months)	24 months

Other Income (Expense), Net (De

Other Income (Expense), Net (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2023	Apr. 30, 2022
Other Income and Expenses [Abstract]
Interest income	$ 62,695	$ 4,007
Interest expense	(28,546)	(14,018)
Other	(7,440)	(10,152)
Total other income (expense), net	$ 26,709	$ (20,163)

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2023	Apr. 30, 2022
Income Tax Disclosure [Abstract]
Provision for (benefit from) income taxes	$ 6,773	$ 9,167

Net Income (Loss) Per Share - S

Net Income (Loss) Per Share - Summary of Calculation of Basic and Diluted Net Income (Loss) Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Apr. 30, 2023	Apr. 30, 2022
Numerator:
Net income (loss)	$ 136	$ (102,173)
Denominator:
Weighted-average shares outstanding, basic (in shares)	258,820	251,743
Weighted-average shares outstanding, diluted (in shares)	261,371	251,743
Net income (loss) per share, basic (in dollars per share)	$ 0	$ (0.41)
Net income (loss) per share, diluted (in dollars per share)	$ 0	$ (0.41)
Class A
Numerator:
Net income (loss)	$ 107	$ (79,738)
Reallocation of net income as a result of conversion of Class B to Class A common stock	29	0
Reallocation of net income to Class B common stock	0	0
Net income (loss) for diluted calculation	$ 136	$ (79,738)
Denominator:
Weighted-average shares outstanding, basic (in shares)	204,187	196,466
Conversion of Class B to Class A common stock (in shares)	54,633	0
Dilutive effect of share-based awards (in shares)	2,551	0
Weighted-average shares outstanding, diluted (in shares)	261,371	196,466
Net income (loss) per share, basic (in dollars per share)	$ 0	$ (0.41)
Net income (loss) per share, diluted (in dollars per share)	$ 0	$ (0.41)
Class B
Numerator:
Net income (loss)	$ 29	$ (22,435)
Reallocation of net income as a result of conversion of Class B to Class A common stock	0	0
Reallocation of net income to Class B common stock	0	0
Net income (loss) for diluted calculation	$ 29	$ (22,435)
Denominator:
Weighted-average shares outstanding, basic (in shares)	54,633	55,277
Conversion of Class B to Class A common stock (in shares)	0	0
Dilutive effect of share-based awards (in shares)	0	0
Weighted-average shares outstanding, diluted (in shares)	54,633	55,277
Net income (loss) per share, basic (in dollars per share)	$ 0	$ (0.41)
Net income (loss) per share, diluted (in dollars per share)	$ 0	$ (0.41)

Net Income (Loss) Per Share -_2

Net Income (Loss) Per Share - Summary of Diluted Net Income (Loss) Per Common Share (Details) - shares shares in Thousands	3 Months Ended
	Apr. 30, 2023	Apr. 30, 2022
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total anti-dilutive securities (in shares)	6,017	29,288
Shares related to outstanding share-based awards
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total anti-dilutive securities (in shares)	3,909	13,654
Shares related to the convertible senior notes
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total anti-dilutive securities (in shares)	0	7,816
Shares subject to warrants related to the issuance of convertible senior notes
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total anti-dilutive securities (in shares)	2,108	7,818

Geographic Information - Summar

Geographic Information - Summary of Revenues by Geographic Area (Details) $ in Thousands	3 Months Ended
	Apr. 30, 2023 USD ($) market	Apr. 30, 2022 USD ($)
Disaggregation of Revenue [Line Items]
Number of primary geographical markets | market	2
Total revenues	$ 1,684,312	$ 1,434,657
United States
Disaggregation of Revenue [Line Items]
Total revenues	1,263,965	1,075,045
Other countries
Disaggregation of Revenue [Line Items]
Total revenues	$ 420,347	$ 359,612

Geographic Information - Long-L

Geographic Information - Long-Lived Assets (Details) - USD ($) $ in Thousands	Apr. 30, 2023	Jan. 31, 2023
Long-Lived Assets [Line Items]
Total long-lived assets	$ 1,472,776	$ 1,450,532
United States
Long-Lived Assets [Line Items]
Total long-lived assets	1,173,390	1,206,486
Ireland
Long-Lived Assets [Line Items]
Total long-lived assets	208,581	159,337
Other countries
Long-Lived Assets [Line Items]
Total long-lived assets	$ 90,805	$ 84,709