PagerDuty (PD) 10-Q 3 Jun 22 2023 Q1 Quarterly report Financial data

Cover Page

Cover Page - shares	3 Months Ended
	Apr. 30, 2022	May 31, 2022
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Apr. 30, 2022
Document Transition Report	false
Entity File Number	001-38856
Entity Registrant Name	PAGERDUTY, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	27-2793871
Entity Address, Address Line One	600 Townsend St.
Entity Address, Address Line Two	Suite 200
Entity Address, City or Town	San Francisco
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	94103
City Area Code	844
Local Phone Number	800-3889
Title of 12(b) Security	Common Stock, $0.000005 par value
Trading Symbol	PD
Security Exchange Name	NYSE
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 Common Stock, Shares Outstanding		87,838,100
Entity Central Index Key	0001568100
Current Fiscal Year End Date	--01-31
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q1
Amendment Flag	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Apr. 30, 2022	Jan. 31, 2022
Current assets:
Cash and cash equivalents	$ 273,859	$ 349,785
Investments	193,600	193,571
Accounts receivable, net of allowance for credit losses of $2,340 and $1,809 as of April 30, 2022 and January 31, 2022, respectively	60,114	75,279
Deferred contract costs, current	17,060	16,672
Prepaid expenses and other current assets	13,284	9,777
Total current assets	557,917	645,084
Property and equipment, net	17,946	18,229
Deferred contract costs, non-current	26,304	26,159
Lease right-of-use assets	19,082	20,227
Goodwill	119,262	72,126
Intangible assets, net	43,092	23,133
Other assets	1,092	1,490
Total assets	784,695	806,448
Current liabilities:
Accounts payable	9,320	9,505
Accrued expenses and other current liabilities	14,195	13,640
Accrued compensation	27,769	35,327
Deferred revenue, current	162,893	162,881
Lease liabilities, current	5,741	5,637
Total current liabilities	219,918	226,990
Convertible senior notes, net	281,515	281,069
Deferred revenue, non-current	4,416	7,343
Lease liabilities, non-current	19,415	20,912
Other liabilities	3,273	3,159
Total liabilities	528,537	539,473
Commitments and contingencies (Note 11)
Stockholders’ equity:
Common stock	0	0
Additional paid-in capital	639,318	616,467
Accumulated other comprehensive loss	(1,517)	(669)
Accumulated deficit	(381,643)	(348,823)
Total stockholders’ equity	256,158	266,975
Total liabilities and stockholders’ equity	$ 784,695	$ 806,448

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Apr. 30, 2022	Jan. 31, 2022
Current assets:
Allowance for doubtful accounts	$ 2,340	$ 1,809

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Apr. 30, 2022	Apr. 30, 2021
Income Statement And Statement Of Comprehensive Income [Abstract]
Revenue	$ 85,371	$ 63,591
Cost of revenue	15,716	10,418
Gross profit	69,655	53,173
Operating expenses:
Research and development	31,289	20,599
Sales and marketing	45,552	37,234
General and administrative	25,271	16,578
Total operating expenses	102,112	74,411
Loss from operations	(32,457)	(21,238)
Interest income	548	818
Interest expense	(1,325)	(1,317)
Other expense, net	(790)	(616)
Loss before benefit from (provision for) income taxes	(34,024)	(22,353)
Benefit from (provision for) income taxes	1,204	(205)
Net loss	(32,820)	(22,558)
Other comprehensive (loss) income:
Unrealized loss on investments	(848)	(204)
Total comprehensive loss	$ (33,668)	$ (22,762)
Net loss per share, basic (in dollars per share)	$ (0.38)	$ (0.27)
Net loss per share, diluted (in dollars per share)	$ (0.38)	$ (0.27)
Weighted average shares used in calculating net loss per share, basic (in shares)	87,127	82,915
Weighted average shares used in calculating net loss per share, diluted (in shares)	87,127	82,915

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Total	Cumulative Effect, Period of Adoption, Adjustment	Common Stock	Additional Paid-in Capital	Additional Paid-in CapitalCumulative Effect, Period of Adoption, Adjustment	Accumulated Other Comprehensive Loss	Accumulated Deficit	Accumulated DeficitCumulative Effect, Period of Adoption, Adjustment
Beginning balance (in shares) at Jan. 31, 2021			82,882,424
Beginning balance at Jan. 31, 2021	$ 366,727	$ (61,736)	$ 0	$ 614,494	$ (68,478)	$ 343	$ (248,110)	$ 6,742
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock upon exercise of stock options and restricted stock agreements, net of repurchases (in shares)			536,593
Issuance of common stock upon exercise of stock options	2,843			2,843
Vesting of restricted stock units, net of employee payroll taxes (in shares)			174,135
Vesting of restricted stock units, net of employee payroll taxes	(4,930)			(4,930)
Shares issued related to a business combination (in shares)			2,073
Shares issued related to a business combination	0			0
Other comprehensive income (loss)	(204)					(204)
Stock-based compensation	13,914			13,914
Net loss	(22,558)						(22,558)
Ending balance (in shares) at Apr. 30, 2021			83,595,225
Ending balance at Apr. 30, 2021	294,056		$ 0	557,843		139	(263,926)
Beginning balance (in shares) at Jan. 31, 2022			86,758,380
Beginning balance at Jan. 31, 2022	266,975		$ 0	616,467		(669)	(348,823)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock upon exercise of stock options and restricted stock agreements, net of repurchases (in shares)			745,764
Issuance of common stock upon exercise of stock options	3,806			3,806
Vesting of restricted stock units, net of employee payroll taxes (in shares)			253,383
Vesting of restricted stock units, net of employee payroll taxes	(6,170)			(6,170)
Other comprehensive income (loss)	(848)					(848)
Stock-based compensation	25,215			25,215
Net loss	(32,820)						(32,820)
Ending balance (in shares) at Apr. 30, 2022			87,757,527
Ending balance at Apr. 30, 2022	$ 256,158		$ 0	$ 639,318		$ (1,517)	$ (381,643)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2022	Apr. 30, 2021
Cash flows from operating activities
Net loss	$ (32,820)	$ (22,558)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:
Depreciation and amortization	3,591	1,972
Amortization of deferred contract costs	4,465	3,250
Amortization of debt issuance costs	447	438
Stock-based compensation	24,909	13,612
Non-cash lease expense	1,145	1,097
Tax benefit related to release of valuation allowance	(1,330)	0
Other	1,754	803
Changes in operating assets and liabilities:
Accounts receivable	15,262	17,365
Deferred contract costs	(4,998)	(3,732)
Prepaid expenses and other assets	(1,991)	(1,573)
Accounts payable	57	(1,564)
Accrued expenses and other liabilities	(634)	1,932
Accrued compensation	(7,678)	(4,411)
Deferred revenue	(3,771)	(3,916)
Lease liabilities	(1,393)	(1,136)
Net cash (used in) provided by operating activities	(2,985)	1,579
Cash flows from investing activities
Purchases of property and equipment	(2,078)	(927)
Capitalization of internal-use software costs	(772)	(1,002)
Business acquisition, net of cash acquired	(66,262)	(160)
Purchases of available-for-sale investments	(41,685)	(77,531)
Proceeds from maturities of available-for-sale investments	40,440	67,004
Net cash used in investing activities	(70,357)	(12,616)
Cash flows from financing activities
Proceeds from issuance of common stock upon exercise of stock options	3,586	2,834
Employee payroll taxes paid related to net share settlement of restricted stock units	(6,170)	(4,930)
Net cash used in financing activities	(2,584)	(2,096)
Net decrease in cash, cash equivalents, and restricted cash	(75,926)	(13,133)
Cash, cash equivalents, and restricted cash at beginning of period	349,785	339,166
Cash, cash equivalents, and restricted cash at end of period	273,859	326,033
Supplemental cash flow data:
Cash paid for income taxes	13	62
Non-cash investing and financing activities:
Purchase of property and equipment, accrued but not yet paid	1,436	236
Stock-based compensation capitalized in internal use software	306	302
Bonuses capitalized in internal use software	120	0
Receivables for cash in-transit on stock options	$ 220	$ 0

Description of Business and Bas

Description of Business and Basis of Presentation	3 Months Ended
	Apr. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business and Basis of Presentation	Description of Business and Basis of Presentation Description of Business PagerDuty, Inc. was incorporated under the laws of the state of Delaware in May 2010. PagerDuty is a digital operations management platform that manages urgent and mission-critical work for a modern, digital business. PagerDuty collects data and digital signals from virtually any software-enabled system or device and leverages powerful machine learning to correlate, process, and predict opportunities and issues. Using incident response, event management, and automation, the Company brings together the right people with the right information so they can resolve issues and act on opportunities in minutes or seconds from wherever they are. As used herein, “PagerDuty”, “we”, “our”, “the Company” and similar terms include PagerDuty, Inc., unless the context indicates otherwise. Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”), and applicable rules and regulations of the Securities and Exchange Commission (“SEC”) regarding interim financial reporting. The condensed consolidated balance sheet as of January 31, 2022 was derived from the audited consolidated financial statements as of that date but does not include all of the information and notes required by GAAP for complete financial statements. 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. Therefore, these condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and the related notes thereto as of and for the year ended January 31, 2022, included in the Company’s Annual Report on Form 10-K, filed with the SEC. The condensed consolidated financial statements include the results of PagerDuty, Inc. and its wholly owned subsidiaries. All intercompany balances and transactions have been eliminated upon consolidation. In the opinion of management, the information contained herein reflects all adjustments necessary for a fair presentation of the Company’s financial position, results of operations and comprehensive loss, statements of stockholders’ equity, and cash flows. The results of operations for the three months ended April 30, 2022 are not necessarily indicative of the results to be expected for the full year ending January 31, 2023 or for any other interim period, or for any future year. The Company’s fiscal year ends on January 31. References to fiscal 2023, for example, refer to the fiscal year ending January 31, 2023. Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make, on an ongoing basis, estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenue and expenses during the reporting periods. Actual results could differ from these estimates. The Company’s most significant estimates and judgments involve the period of benefit for amortizing deferred contract costs, the determination of the allowance for credit losses, the provision for income taxes, including the related valuation allowance and any uncertain tax positions, fair value of acquired assets and assumed liabilities, impairment of goodwill and intangible assets, and estimates related to our revenue recognition, such as the assessment of performance obligations in our revenue arrangements and the fair value assigned to each performance obligation,

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Apr. 30, 2022
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Concentrations of Risk and Significant Customers The Company’s financial instruments that are exposed to concentrations of credit risk consist primarily of cash and cash equivalents, available-for-sale investments, and accounts receivable. All of the Company’s cash and cash equivalents and investments are invested in money market funds, U.S. Treasury securities, commercial paper, corporate debt securities, or U.S. Government agency securities that management believes to be of high credit quality. No single customer accounted for 10% of the total accounts receivable balance as of April 30, 2022 or January 31, 2022. No single customer represented 10% or more of revenue for the three months ended April 30, 2022 or 2021. Segment Information The Company manages its operations and allocates resources as one operating segment. The Company’s chief operating decision maker (“CODM”) is its chief executive officer, who reviews financial information presented on a consolidated basis for purposes of making operating decisions, assessing financial performance, and allocating resources. Refer to Note 16, “Geographic Information” for information regarding the Company's long-lived assets and revenue by geography. Related Party Transactions Certain members of the Company’s Board of Directors serve as directors of, or are executive officers of, and in some cases are investors in, companies that are customers or vendors of the Company. The Company recognized $1.2 million in accounts receivable associated with related parties as of April 30, 2022 and billed $1.2 million to entities associated with related parties during the three months ended April 30, 2022. Other related party transactions were not material for the three months ended April 30, 2022 and 2021. Significant Accounting Policies There have been no significant changes to our significant accounting policies as compared to those described in our Annual Report on Form 10-K for the fiscal year ended January 31, 2022. Recently Adopted Accounting Pronouncements In March 2022, the FASB issued Accounting Standard Update No. 2022-01 (“ASU 2021-08”), Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers , which requires that an entity (acquirer) recognize and measure contract assets and contract liabilities acquired in a business combination in accordance with Topic 606 (Revenue from Contracts with Customers). At the acquisition date, an acquirer should account for the related revenue contracts in accordance with Topic 606 as if it had originated the contracts. The ASU is part of the FASB's simplification initiative, which aims to reduce unnecessary complexity in U.S. GAAP. The Company early adopted ASU 2022-01 as of February 1, 2022 using the prospective method. The adoption of the standard impacted the accounting for the acquisition of Catalytic, Inc. (“Catalytic”) requiring the Company to measure acquired contract assets and liabilities in accordance with ASC 606. The adoption of ASU 2021-08 did not have a material impact on the condensed consolidated financial statements.

Cash, Cash Equivalents, and Inv

Cash, Cash Equivalents, and Investments	3 Months Ended
	Apr. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Cash, Cash Equivalents, and Investments	Cash, Cash Equivalents, and InvestmentsCash, cash equivalents, and investments consisted of the following: As of April 30, 2022 As of January 31, 2022 (in thousands) Cash and cash equivalents Cash $ 159,213 $ 268,091 Money market funds 111,646 73,194 Commercial paper — 5,500 U.S. Treasury securities 3,000 3,000 Total cash and cash equivalents $ 273,859 $ 349,785 Available-for-sale investments: U.S. Treasury securities $ 40,940 $ 41,105 Commercial paper 42,084 39,483 Corporate debt securities 110,576 112,983 Total available-for-sale investments $ 193,600 $ 193,571 The following tables summarize the Company’s investments’ adjusted cost, net unrealized losses, and fair value by significant investment category as of April 30, 2022 and January 31, 2022. Gross realized gains or losses from sales of available-for-sale securities were not material for the three months ended April 30, 2022. As of April 30, 2022 Cost Basis Unrealized Loss, Net Recorded Basis (in thousands) Available-for-sale investments: U.S. Treasury securities $ 41,026 $ (86) $ 40,940 Commercial paper 42,225 (141) 42,084 Corporate debt securities 111,866 (1,290) 110,576 Total available-for-sale investments $ 195,117 $ (1,517) $ 193,600 As of January 31, 2022 Cost Basis Unrealized Loss, Net Recorded Basis (in thousands) Available-for-sale investments: U.S. Treasury securities $ 41,147 $ (42) $ 41,105 Commercial paper 39,528 (45) 39,483 Corporate debt securities 113,565 (582) 112,983 Total available-for-sale investments $ 194,240 $ (669) $ 193,571 The following tables present the Company’s available-for-sale securities by contractual maturity date as of April 30, 2022 and January 31, 2022: As of April 30, 2022 Cost Basis Recorded Basis (in thousands) Due within one year $ 161,372 $ 160,607 Due between one to five years 33,745 32,993 Total $ 195,117 $ 193,600 As of January 31, 2022 Cost Basis Recorded Basis (in thousands) Due within one year $ 154,692 $ 154,455 Due between one to five years 39,548 39,116 Total $ 194,240 $ 193,571 As of April 30, 2022, there were 74 available-for-sale securities in an unrealized loss position, eight of which were in a continuous unrealized loss position for the last 12 months. The total unrealized loss related to the eight securities was $0.1 million. As of January 31, 2022, there were 69 available-for-sale securities in an unrealized loss position, seven of which were in a continuous unrealized loss position for the last 12 months. The total unrealized loss related to the seven securities was $0.7 million. When evaluating investments for impairment, the Company reviews factors such as the extent to which fair value has been below cost basis, the financial condition of the issuer and any changes thereto, and the Company’s intent to sell, or whether it is more likely than not that the Company will be required to sell, the investment before recovery of the investment’s amortized cost. No impairment loss has been recorded on the securities included in the tables above, as the Company believes that any decrease in fair value of these securities is temporary and the Company expects to recover at least up to the initial cost of the investment for these securities. The Company has not recorded an allowance for credit losses, as the Company believes any such losses would be immaterial based on the high-grade credit rating for each of its marketable securities as of the end of each period.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Apr. 30, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements The Company measures its financial assets and liabilities at fair value each reporting period using a fair value hierarchy that prioritizes the use of observable inputs and minimizes 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, as follows: Level 1—Valuations based on observable inputs that reflect quoted prices for identical assets or liabilities in active markets. Level 2—Valuations based on inputs that are directly or indirectly observable in the marketplace. Level 3—Valuations based on unobservable inputs that are supported by little or no market activity. The following tables present information about the Company’s financial assets that are required to be measured or disclosed at fair value using the above input categories: As of April 30, 2022 Level 1 Level 2 Level 3 Total (in thousands) Money market funds $ 111,646 $ — $ — $ 111,646 U.S. Treasury securities 3,000 40,940 — 43,940 Commercial paper — 42,084 — 42,084 Corporate debt securities — 110,576 — 110,576 Total $ 114,646 $ 193,600 $ — $ 308,246 Included in cash equivalents $ 114,646 Included in investments $ 193,600 As of January 31, 2022 Level 1 Level 2 Level 3 Total (in thousands) Money market funds $ 73,194 $ — $ — $ 73,194 U.S. Treasury securities 3,000 41,105 — 44,105 Commercial paper 5,500 39,483 — 44,983 Corporate debt securities — 112,983 — 112,983 Total $ 81,694 $ 193,571 $ — $ 275,265 Included in cash equivalents $ 81,694 Included in investments $ 193,571 The Company’s assets that are measured by management at fair value on a recurring basis are generally classified within Level 1 or Level 2 of the fair value hierarchy. The Company considers all highly liquid investments purchased with an original maturity of three months or less to be cash equivalents. As of April 30, 2022 and January 31, 2022, the Company’s Level 2 securities were priced by pricing vendors. These pricing vendors utilize observable market information in pricing these securities or, if specific prices are not available for these securities, use other observable inputs like market transactions involving identical or comparable securities. The carrying amounts of certain financial instruments, including cash held in banks, accounts receivable, and accounts payable approximate fair value due to their short-term maturities and are excluded from the fair value table above. Convertible Senior Notes As of April 30, 2022, the estimated fair value of the Notes was approximately $307.2 million. The fair value was determined based on the quoted price for the Notes in an inactive market on the last trading day of the reporting period and is considered as Level 2 in the fair value hierarchy.

Goodwill and Acquired Intangibl

Goodwill and Acquired Intangible Assets	3 Months Ended
	Apr. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Acquired Intangible Assets	Goodwill and Acquired Intangible Assets The changes in the carrying amount of goodwill for the three months ended April 30, 2022 are as follows: Goodwill (in thousands) Balance as of January 31, 2022 $ 72,126 Goodwill resulting from business combination 47,136 Balance as of April 30, 2022 $ 119,262 Acquired intangible assets subject to amortization consist of the following: As of April 30, 2022 Cost Accumulated Amortization Net Weighted Average (in thousands) (in years) Customer relationships $ 24,400 $ (3,489) $ 20,911 8.4 Developed technology 24,800 (2,702) 22,098 3.4 Trademarks 400 (317) 83 0.4 Total acquired intangibles, net $ 49,600 $ (6,508) $ 43,092 As of January 31, 2022 Cost Accumulated Amortization Net Weighted Average (in thousands) (in years) Customer relationships $ 21,800 $ (2,907) $ 18,893 8.7 Developed technology 5,600 (1,493) 4,107 3.7 Trademarks 400 (267) 133 0.7 Total acquired intangibles, net $ 27,800 $ (4,667) $ 23,133

Business Combinations

Business Combinations	3 Months Ended
	Apr. 30, 2022
Business Combinations [Abstract]
Business Combinations	Business CombinationsOn March 8, 2022, the Company completed the acquisition of Catalytic, a provider of no-code/low-code workflow automation application. The Company acquired Catalytic for purchase consideration of $68.8 million in cash. The acquisition was accounted for as a business combination and the acquired assets and liabilities were recorded at their preliminary fair values on the acquisition date and any excess was recorded as goodwill. The values assigned to the assets acquired and liabilities assumed are based on preliminary estimates of fair value available as of the date of this Quarterly Report on Form 10-Q and may be adjusted during the measurement period of up to 12 months from the date of acquisition as further information becomes available. Any changes in the fair values of the assets acquired and liabilities assumed during the measurement period may result in adjustments to goodwill. As of April 30, 2022, the primary area that remains preliminary relates to the valuation of certain tax-related items. The following table presents the preliminary fair values of acquired assets and liabilities recorded in the Company’s condensed consolidated balance sheet as of the acquisition date: (in thousands) Cash and cash equivalents $ 2,506 Accounts receivable and other assets 801 Prepaid and other current assets 441 Intangible assets 21,800 Goodwill 47,137 Accounts payable and other liabilities (409) Deferred revenue (856) Other tax liabilities (1,322) Deferred tax liability (1,330) Total purchase consideration $ 68,768 The goodwill was primarily attributed to the value of synergies created with the Company’s current and future offerings. Goodwill is not deductible for income tax purposes. In connection with the acquisition, the Company recognized a net deferred tax liability for approximately $1.3 million, generated primarily from the difference between the tax basis and fair value of the acquired intangible assets, which increased goodwill. As the Company has a full valuation allowance as of April 30, 2022, the Company recorded an income tax benefit for this net deferred tax liability in the condensed consolidated statement of operations for the three months ended April 30, 2022. Refer to Note 1 5 , "Income Taxes" , for further information. The following table sets forth the components of identifiable intangible assets acquired and their estimated useful lives as of the date of acquisition: Fair Value Useful Life (in thousands) (in years) Developed technology $ 19,200 3 Customer relationships $ 2,600 10 This business combination resulted in increases of $47.1 million to goodwill, $19.2 million to developed technology and $2.6 million to customer relationships. The Company also entered into holdback agreements with the two founders of Catalytic with $3.4 million held back in cash which are subject to the recipients’ continued service with the Company and thus excluded from the purchase price and will be recognized ratably as research and development expense over the required two-year service period. From the date of the acquisition, the financial results of Catalytic have been included in and are immaterial to the Company’s condensed consolidated financial statements. Pro forma revenue and results of operations have not been presented because the historical results are not material to the condensed consolidated financial statements in any period presented. The Company did not complete any other acquisitions in the three months ended April 30, 2022.

Property and Equipment, Net

Property and Equipment, Net	3 Months Ended
	Apr. 30, 2022
Property, Plant and Equipment [Abstract]
Property and Equipment, Net	Property and Equipment, Net Property and equipment, net, consisted of the following: As of April 30, 2022 As of January 31, 2022 (in thousands) Leasehold improvements $ 15,622 $ 15,392 Computers and equipment 8,347 7,483 Furniture and fixtures 4,508 4,686 Capitalized internal-use software 6,651 6,136 Gross property and equipment (1) 35,128 33,697 Accumulated depreciation and amortization (17,182) (15,468) Property and equipment, net $ 17,946 $ 18,229 (1) Gross property and equipment includes construction-in-progress for leasehold improvements and capitalized internal-use software of $2.0 million and $6.9 million that had not yet been placed in service as of April 30, 2022 and January 31, 2022, respectively. The costs associated with construction-in-progress are not amortized until the asset is available for its intended use. Depreciation and amortization expense was $1.6 million and $1.0 million for the three months ended April 30, 2022 and 2021, respectively. In the three months ended April 30, 2022, the Company recorded an impairment charge of $0.7 million on its capitalized internal-use software included in construction-in-progress. It was determined that the developed technology would not be placed in service as the technology was replaced with the acquired technology of Catalytic.

Deferred Contract Costs

Deferred Contract Costs	3 Months Ended
	Apr. 30, 2022
Revenue from Contract with Customer [Abstract]
Deferred Contract Costs	Deferred Contract CostsDeferred contract costs, which primarily consist of deferred sales commissions, were $43.4 million and $42.8 million as of April 30, 2022 and January 31, 2022, respectively. Amortization expense for deferred contract costs was $4.5 million and $3.3 million for the three months ended April 30, 2022 and 2021, respectively. There was no impairment charge related to the costs capitalized for the periods presented.Deferred Revenue and Performance Obligations The following table presents the changes to the Company’s deferred revenue: Three Months Ended April 30, 2022 2021 (in thousands) Deferred revenue, beginning of period $ 170,224 $ 129,972 Billings 81,600 59,675 Deferred revenue assumed in the Catalytic acquisition 856 — Revenue recognized (85,371) (63,591) Deferred revenue, end of period $ 167,309 $ 126,056 For the three months ended April 30, 2022 and 2021, the majority of revenue recognized was from the deferred revenue balances at the beginning of each quarter. As of April 30, 2022, future estimated revenue related to performance obligations for cloud-hosted and term-license software subscriptions with terms of more than one year that are unsatisfied or partially unsatisfied at the end of the reporting periods was approximately $141.4 million. The Company expects to satisfy the substantial majority of these unsatisfied performance obligations over the next 24 months and the remainder thereafter. The Company applied the optional exemption for subscriptions with terms of less than one year.

Leases

Leases	3 Months Ended
	Apr. 30, 2022
Leases [Abstract]
Leases	Leases Operating Leases The Company has entered into various non-cancellable operating leases for its office spaces with lease periods expiring between fiscal 2023 and fiscal 2029. The operating lease agreements generally provide for rental payments on a graduated basis and for options to renew, which could increase future minimum lease payments if exercised. Lease right-of-use assets and liabilities are recognized at the commencement date based on the present value of lease payments over the lease term. As the leases do not provide an implicit rate, the Company uses an incremental borrowing rate based on the information available at the commencement date in determining the present value of lease payments. The lease right-of-use assets also include any lease payments made and exclude lease incentives such as tenant improvement allowances. The operating leases typically include non-lease components such as common-area maintenance costs. The Company has elected to include non-lease components with lease payments for the purpose of calculating lease right-of-use assets and liabilities, to the extent that they are fixed. Non-lease components that are not fixed are expensed as incurred as variable lease payments. Leases with a term of one year or less are not recognized on our condensed consolidated balance sheet. The Company recognizes lease expense for these leases on a straight-line basis over the lease term. The following table presents information about leases on the condensed consolidated balance sheet. As of April 30, 2022 As of January 31, 2021 (in thousands) Assets Lease right-of-use assets $ 19,082 $ 20,227 Liabilities Lease liabilities 5,741 5,637 Lease liabilities, non-current 19,415 20,912 As of April 30, 2022, the weighted average remaining lease term was 4.6 years and the weighted average discount rate used to determine the net present value of the lease liabilities was 3.7%. The following table presents information about leases on the condensed consolidated statement of operations. Three Months Ended April 30, 2022 2021 (in thousands) Operating lease expense $ 1,523 $ 1,369 Short-term lease expense 360 90 Variable lease expense 314 113 The following table presents supplemental cash flow information about the Company’s leases. Three Months Ended April 30, 2022 2021 (in thousands) Cash paid for amounts included in the measurement of lease liabilities $ 1,618 $ 1,572

Debt and Financing Arrangements

Debt and Financing Arrangements	3 Months Ended
	Apr. 30, 2022
Debt Disclosure [Abstract]
Debt and Financing Arrangements	Debt and Financing Arrangements Convertible Senior Notes On June 25, 2020, the Company issued $287.5 million in aggregate principal amount of the Notes in a private offering pursuant to an Indenture dated June 25, 2020 (the “Indenture”). The total net proceeds from the debt offering, after deducting initial purchaser discounts and debt issuance costs, paid or payable by us, were $278.2 million. The Notes are senior, unsecured obligations of the Company and accrue interest payable semiannually in arrears on January 1 and July 1 of each year, beginning on January 1, 2021, at a rate of 1.25% per year. The Notes will mature on July 1, 2025, unless such notes are converted, redeemed or repurchased earlier. The Notes are convertible into cash, shares of the Company’s common stock or a combination of cash and shares of the Company’s common stock, at the Company’s election in the manner and subject to the terms and conditions provided in the Indenture. Holders of the Notes may convert all or any portion of their Notes at their option at any time prior to the close of business on April 1, 2025, only under the following circumstances: • During any fiscal quarter commencing after the fiscal quarter ended October 31, 2020 (and only during such fiscal quarter), if the last reported sale price of the Company’s common stock for at least 20 trading days (whether or not consecutive) during a period of 30 consecutive trading days ending on, and including, the last trading day of the immediately preceding fiscal quarter is greater than or equal to 130% of the conversion price on each applicable trading day; • During the five business day period after any ten consecutive trading day period (the measurement period) in which the “trading price” (as defined in the Indenture) per $1,000 principal amount of Notes for each trading day of the measurement period was less than 98% of the product of the last reported sale price of the Company’s common stock and the conversion rate on each such trading day; • If the Company calls such Notes for redemption, at any time prior to the close of business on the scheduled trading day immediately preceding the redemption date; or • Upon the occurrence of specified corporate events, as noted in the Indenture. On or after April 1, 2025 until the close of business on the second scheduled trading day immediately preceding the maturity date, holders of the Notes may convert all or any portion of their Notes at any time, regardless of the foregoing circumstances. The conversion rate will initially be 24.9507 shares of common stock per $1,000 principal amount of Notes, which is equivalent to an initial conversion price of approximately $40.08 per share of common stock. The conversion rate is subject to adjustment under certain circumstances in accordance with the terms of the Indenture, but will not be adjusted for accrued and unpaid interest. In addition, following certain corporate events that occur prior to the maturity date, the Company will, in certain circumstances, increase the conversion rate for a holder who elects to convert its Notes in connection with a fundamental change, as defined in the Indenture. The Company may not redeem the Notes prior to July 6, 2023. The Company may redeem for cash all or any portion of the Notes, at its option, on a redemption date occurring on or after July 6, 2023 and prior to the 41st scheduled trading day immediately preceding the maturity date, if the last reported sale price of the common stock has been at least 130% of the conversion price for the Notes then in effect for at least 20 trading days (whether or not consecutive) during any 30 consecutive trading day period (including the last trading day of such period) ending on, and including the trading day immediately preceding the date on which the Company provides notice of redemption at a redemption price equal to 100% of the principal amount to be redeemed, plus accrued and unpaid interest to, but excluding, the redemption date. No sinking fund is provided for the Notes. If the Company undergoes a fundamental change (as defined in the Indenture), holders may require the Company to repurchase for cash all or any portion of their Notes at a fundamental change repurchase price equal to 100% of the principal amount of the Notes to be repurchased, plus any accrued and unpaid interest to, but excluding, the fundamental change repurchase date. The Indenture contains customary terms and covenants, including that upon certain events of default occurring and continuing, the trustee or the holders of at least 25% in aggregate principal amount of the outstanding Notes may declare the entire principal of all the Notes plus accrued and unpaid interest to be immediately due and payable. The Company accounts for the Notes as a single liability in accordance with ASU 2020-06 “Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity”. In accounting for the Notes after adoption of ASU 2020-06, the Notes are accounted for as a single liability, and the carrying amount of the Notes is $281.5 million as of April 30, 2022, with principal of $287.5 million, net of unamortized issuance costs of $6.0 million. The Notes were classified as long-term liabilities as of April 30, 2022. The issuance costs related to the Notes are being amortized to interest expense over the contractual term of the Notes at an effective interest rate of 1.93%. The net carrying amount of the Notes as of April 30, 2022 and as of January 31, 2022 was as follows: As of April 30, 2022 As of January 31, 2022 (in thousands) Principal $ 287,500 $ 287,500 Less: unamortized issuance costs (5,985) (6,431) Net carrying amount $ 281,515 $ 281,069 Interest expense recognized related to the Notes is as follows: Three Months Ended April 30, 2022 2021 (in thousands) Contractual interest expense $ 878 $ 879 Amortization of debt issuance costs 447 438 Total interest expense related to the Notes $ 1,325 $ 1,317 Capped Call Transactions In connection with the offering of the Notes, the Company entered into privately negotiated capped call transactions (the “Capped Calls”) with certain financial institution counterparties (the “Option Counterparties”). The Capped Calls are generally intended to reduce or offset the potential dilution to the common stock upon any conversion of the Notes with such reduction or offset, as the case may be, subject to a cap based on the cap price. For accounting purposes, the Capped Calls are separate transactions, and not part of the terms of the Notes. The Capped Calls are recorded in stockholders’ equity and are not accounted for as derivatives. The cost of $35.7 million incurred to purchase the Capped Calls were recorded as a reduction to additional paid-in capital in the accompanying condensed consolidated balance sheet. The Capped Calls each have an initial strike price of approximately $40.08 per share, subject to certain adjustments, which corresponds to the initial conversion price of the Notes. The Capped Calls have an initial cap price of $61.66 per share, subject to certain adjustments. The Capped Calls cover, subject to anti-dilution adjustments, approximately 7.2 million shares of our common stock. The Capped Calls are subject to automatic exercise over a 40 trading day period commencing on May 2, 2025, subject to earlier termination under certain circumstances.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Apr. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Legal Matters From time to time, the Company may be subject to various claims and other legal matters arising in the ordinary course of business. The Company accrues estimates for resolution of legal and other contingencies when losses are probable and estimable. The outcomes of legal proceedings are subject to significant uncertainties. The Company is not currently a party to any pending legal proceedings for which management believes the outcome, individually or in the aggregate, would have a material adverse effect on its business, operating results, cash flows, or financial condition. Warranties and Indemnification The Company has entered into service-level agreements with a portion of its customers defining levels of uptime reliability and performance and permitting those customers to receive credits if the Company fails to meet the defined levels of uptime. To date, the Company has not experienced any significant failures to meet defined levels of uptime reliability and performance as a result of those agreements and, as a result, the Company has not incurred or accrued any material liabilities related to these agreements in the financial statements. In the ordinary course of business, we may agree to indemnify customers, vendors, lessors, business partners, and other parties with respect to certain matters, including, but not limited to, losses arising out of the breach of such agreements, services to be provided by us, or from intellectual property infringement claims made by third parties. As permitted under Delaware law, we have entered into indemnification agreements with our directors and certain officers and employees that will require us, among other things, to indemnify them against certain liabilities that may arise by reason of their status or service as directors, officers, or employees. No demands have been made upon us to provide indemnification under such agreements, and there are no claims that we are aware of that could have a material effect on our consolidated balance sheets, consolidated statements of operations and comprehensive loss, or consolidated statements of cash flows.

Deferred Revenue and Performanc

Deferred Revenue and Performance Obligations	3 Months Ended
	Apr. 30, 2022
Revenue from Contract with Customer [Abstract]
Deferred Revenue and Performance Obligations	Deferred Contract CostsDeferred contract costs, which primarily consist of deferred sales commissions, were $43.4 million and $42.8 million as of April 30, 2022 and January 31, 2022, respectively. Amortization expense for deferred contract costs was $4.5 million and $3.3 million for the three months ended April 30, 2022 and 2021, respectively. There was no impairment charge related to the costs capitalized for the periods presented.Deferred Revenue and Performance Obligations The following table presents the changes to the Company’s deferred revenue: Three Months Ended April 30, 2022 2021 (in thousands) Deferred revenue, beginning of period $ 170,224 $ 129,972 Billings 81,600 59,675 Deferred revenue assumed in the Catalytic acquisition 856 — Revenue recognized (85,371) (63,591) Deferred revenue, end of period $ 167,309 $ 126,056 For the three months ended April 30, 2022 and 2021, the majority of revenue recognized was from the deferred revenue balances at the beginning of each quarter. As of April 30, 2022, future estimated revenue related to performance obligations for cloud-hosted and term-license software subscriptions with terms of more than one year that are unsatisfied or partially unsatisfied at the end of the reporting periods was approximately $141.4 million. The Company expects to satisfy the substantial majority of these unsatisfied performance obligations over the next 24 months and the remainder thereafter. The Company applied the optional exemption for subscriptions with terms of less than one year.

Common Stock and Stockholders'

Common Stock and Stockholders' Equity	3 Months Ended
	Apr. 30, 2022
Equity [Abstract]
Common Stock and Stockholders' Equity	Common Stock and Stockholders’ Equity Equity Incentive Plans The Company has two equity incentive plans: the 2010 Stock Plan (the “2010 Plan”) and the 2019 Equity Incentive Plan (the “2019 Plan”, collectively the “Stock Plans”). Upon completion of the Company’s initial public offering (“IPO”) in April 2019, the Company ceased granting awards under the 2010 Plan, and all shares that remained available for future issuance under the 2010 Plan at that time were transferred to the 2019 Plan. The 2019 Plan superseded and replaced the 2010 Plan. As of April 30, 2022 and January 31, 2022, the Company was authorized to grant up to 27,895,454 shares and 23,343,378 shares of common stock, respectively, under the Stock Plans. The Company currently uses authorized and unissued shares to satisfy stock award exercises and settlement of RSUs and PSUs. As of April 30, 2022 and January 31, 2022, there were 14,086,882 shares and 14,185,048 shares available for future issuance under the Stock Plans, respectively. Shares of common stock reserved for future issuance are as follows: April 30, 2022 Outstanding stock options and unvested RSUs and PSUs 18,081,165 Available for future stock option, RSU, and PSU grants 14,086,882 Available for ESPP 3,466,655 Total common stock reserved at April 30, 2022 35,634,702 Stock Option Activity Stock option activity is as follows: Number of Weighted Weighted Aggregate (in thousands) Outstanding at January 31, 2022 8,375,866 $ 9.28 6.1 years $ 198,828 Granted 24,882 $ 34.22 Exercised (745,764) $ 5.10 Canceled (38,747) $ 12.65 Outstanding at April 30, 2022 7,616,237 $ 9.76 6.0 years $ 126,616 Vested as of April 30, 2022 6,238,896 $ 7.61 5.6 years $ 117,088 The Company uses the Black-Scholes option-pricing model to estimate the fair value of stock options on the date of grant. The Company accounts for forfeitures as they occur. The following assumptions were used to calculate the fair value of employee stock option grants made during the periods: Three Months Ended April 30, 2022 2021 Expected dividend yield — % — % Expected volatility 47.1 % 43.8% Expected term (years) 6.1 6.1 Risk-free interest rate 2.50% 1.16% Stock options granted during the three months ended April 30, 2022 and 2021 had a weighted average grant date fair value of $16.46 and $17.80 per share, respectively. The aggregate intrinsic value of stock options exercised during the three months ended April 30, 2022 and 2021 was $21.3 million and $20.5 million, respectively. The intrinsic value for options exercised is the difference between the market value of the stock and the exercise price of the stock option at the date of exercise. As of April 30, 2022, there was approximately $15.7 million of total unrecognized compensation cost related to unvested stock options granted under the Stock Plans, which will be recognized over a weighted average period of 2.1 years. Restricted Stock Units A summary of the Company’s RSU activity and related information is as follows: Number of RSUs Weighted Outstanding at January 31, 2022 6,028,201 $ 34.77 Granted 3,802,945 $ 34.22 Vested (226,103) $ 30.15 Forfeited or canceled (501,123) $ 33.05 Outstanding at April 30, 2022 9,103,920 $ 34.75 The fair value of RSUs is based on the fair value of the underlying shares on the date of grant. The Company accounts for forfeitures as they occur. As of April 30, 2022, there was $293.9 million of unrecognized stock-based compensation expense related to unvested RSUs, which is expected to be recognized over a weighted average period of 3.2 years based on vesting under the award service conditions. Performance Stock Units On March 8, 2022, the Compensation Committee of the Board certified the results of PagerDuty’s operating plan for the fiscal year ended January 31, 2022. Based on the results, the PSUs granted in April 2021 (“2021 PSU Awards”) were earned at an attainment of 129%. A summary of the Company’s PSU activity and related information is as follows: Number of PSUs Weighted Outstanding at January 31, 2021 117,701 $ 41.17 Granted 629,830 $ 34.22 Vested (27,280) $ 41.17 Forfeited or canceled (23,405) $ 41.17 Performance adjustment for 2021 PSU Awards 34,332 $ 41.17 Outstanding at April 30, 2022 731,178 $ 35.18 The Company grants PSUs to certain employees of the Company for which the ultimate number of units that will vest are determined based on the achievement of performance at the end of the stated performance period. The performance condition is based on the level of achievement of a Company target related to PagerDuty’s operating plan. The PSUs vest over a three-year period, subject to continuous service with the Company. The number of shares of the Company’s stock that will vest based on the performance condition can range from 0% to 200% of the target amount. Compensation expense for PSUs with performance conditions is measured using the fair value at the date of grant and recorded over the vesting period under the graded-vesting attribution method, and may be adjusted over the vesting period based on interim estimates of performance against the performance condition. During the three months ended April 30, 2022 and 2021, the Company recorded stock-based compensation expense for the number of PSUs considered probable of vesting based on the expected attainment of the performance targets. As of April 30, 2022, total unrecognized stock-based compensation cost related to PSUs was $22.3 million. This unrecognized stock-based compensation cost is expected to be recognized using the accelerated attribution method over a weighted-average period of approximately 1.7 years. Employee Stock Purchase Plan In April 2019, the Board of Directors adopted and approved the 2019 ESPP, which became effective on April 11, 2019. The ESPP generally provides for 24-month offering periods beginning June 15 and December 15 of each year, with each offering period consisting of four six-month purchase periods. On each purchase date, eligible employees will purchase the shares at a price per share equal to 85% of the lesser of (1) the fair market value of the Company’s stock as of the beginning of the offering period or (2) the fair market value of the Company’s stock on the purchase date, as defined in the ESPP. During the three months ended April 30, 2022 and 2021, the Company recognized $1.1 million and $1.8 million of stock-based compensation expense related to the ESPP, respectively. During the three months ended April 30, 2022 and 2021, the Company withheld $5.7 million and $3.0 million in contributions from employees, respectively. There were no purchases related to the ESPP during the three months ended April 30, 2022 and 2021. Stock-Based Compensation Stock-based compensation expense included in the Company’s condensed consolidated statements of operations is as follows: Three Months Ended April 30, 2022 2021 (in thousands) Cost of revenue $ 1,224 $ 676 Research and development 8,675 4,440 Sales and marketing 6,381 3,954 General and administrative 8,629 4,542 Total $ 24,909 $ 13,612

Net Loss Per Share

Net Loss Per Share	3 Months Ended
	Apr. 30, 2022
Earnings Per Share [Abstract]
Net Loss Per Share	Net Loss per Share The following table presents the calculation of basic and diluted net loss per share: Three Months Ended April 30, 2022 2021 (in thousands, except per share data) Numerator: Net loss $ (32,820) $ (22,558) Denominator: Weighted average shares used in calculating net loss per share, basic and diluted 87,127 82,915 Net loss per share, basic and diluted $ (0.38) $ (0.27) Since the Company was in a loss position for the periods presented, basic net loss per share is the same as diluted net loss per share as the inclusion of all potential common stock outstanding would have been anti-dilutive. Potentially dilutive securities that were not included in the diluted per share calculations because they would be anti-dilutive were as follows: As of April 30, 2022 2021 (in thousands) Shares subject to outstanding common stock awards 17,451 16,171 Convertible senior notes 7,173 7,173 Restricted stock issued to Rundeck key personnel 70 209 Shares issuable pursuant to the 2019 employee stock purchase plan 208 204 Total 24,902 23,757

Income Taxes

Income Taxes	3 Months Ended
	Apr. 30, 2022
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Company's provision for income taxes for interim periods is determined using an estimate of its annual effective tax rate, adjusted for discrete items, if any, that arise during the period. Each quarter, the Company updates its estimate of the annual effective tax rate, and if the estimated annual effective tax rate changes, the Company makes a cumulative adjustment in such period. The Company's quarterly tax provision, and estimate of its annual effective tax rate, is subject to variation due to several factors, including variability in pre-tax income (or loss), the mix of jurisdictions to which such income (or loss) relates, changes in how the Company does business, and tax law developments. The Company's estimated effective tax rate for the year differs from the U.S. statutory rate of 21% as a result of our U.S. losses for which no benefit will be realized, our foreign operations which are subject to tax rates that differ from those in the U.S., as well as the benefit for non-U.S. income tax credits. The Company recorded an income tax benefit of $1.2 million for the three months ended April 30, 2022, and income tax expense of $0.2 million for the three months ended April 30, 2021. The income tax benefit recorded in the three months ended April 30, 2022, was primarily due to a reduction in the Company’s valuation allowance from the increase in the deferred tax liability associated with the acquired intangible assets from the acquisition of Catalytic, resulting in a $1.3 million deferred tax benefit.

Geographic Information

Geographic Information	3 Months Ended
	Apr. 30, 2022
Segment Reporting [Abstract]
Geographic Information	Geographic Information Revenue by location is determined by the billing address of the customer. The following table sets forth revenue by geographic area: Three Months Ended April 30, 2022 2021 (in thousands) United States $ 64,766 $ 47,742 International 20,605 15,849 Total $ 85,371 $ 63,591 Other than the United States, no other individual country accounted for 10% or more of revenue for the three months ended April 30, 2022 or 2021. As of April 30, 2022, 86% of the Company’s long-lived assets, including property and equipment and right-of-use lease assets, were located in the United States, and 14% were located in

Subsequent Events

Subsequent Events	3 Months Ended
	Apr. 30, 2022
Subsequent Events [Abstract]
Subsequent Events	Subsequent EventsThe Company has evaluated subsequent events through June 3, 2022.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Apr. 30, 2022
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”), and applicable rules and regulations of the Securities and Exchange Commission (“SEC”) regarding interim financial reporting. The condensed consolidated balance sheet as of January 31, 2022 was derived from the audited consolidated financial statements as of that date but does not include all of the information and notes required by GAAP for complete financial statements. 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. Therefore, these condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and the related notes thereto as of and for the year ended January 31, 2022, included in the Company’s Annual Report on Form 10-K, filed with the SEC. The condensed consolidated financial statements include the results of PagerDuty, Inc. and its wholly owned subsidiaries. All intercompany balances and transactions have been eliminated upon consolidation. In the opinion of management, the information contained herein reflects all adjustments necessary for a fair presentation of the Company’s financial position, results of operations and comprehensive loss, statements of stockholders’ equity, and cash flows. The results of operations for the three months ended April 30, 2022 are not necessarily indicative of the results to be expected for the full year ending January 31, 2023 or for any other interim period, or for any future year. The Company’s fiscal year ends on January 31. References to fiscal 2023, for example, refer to the fiscal year ending January 31, 2023.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make, on an ongoing basis, estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenue and expenses during the reporting periods. Actual results could differ from these estimates. The Company’s most significant estimates and judgments involve the period of benefit for amortizing deferred contract costs, the determination of the allowance for credit losses, the provision for income taxes, including the related valuation allowance and any uncertain tax positions, fair value of acquired assets and assumed liabilities, impairment of goodwill and intangible assets, and estimates related to our revenue recognition, such as the assessment of performance obligations in our revenue arrangements and the fair value assigned to each performance obligation,
Concentrations of Risk and Significant Customers	Concentrations of Risk and Significant Customers The Company’s financial instruments that are exposed to concentrations of credit risk consist primarily of cash and cash equivalents, available-for-sale investments, and accounts receivable. All of the Company’s cash and cash equivalents and investments are invested in money market funds, U.S. Treasury securities, commercial paper, corporate debt securities, or U.S. Government agency securities that management believes to be of high credit quality.
Segment Information	Segment Information The Company manages its operations and allocates resources as one operating segment. The Company’s chief operating decision maker (“CODM”) is its chief executive officer, who reviews financial information presented on a consolidated basis for purposes of making operating decisions, assessing financial performance, and allocating resources.
Recently Adopted Accounting Pronouncements	Recently Adopted Accounting Pronouncements In March 2022, the FASB issued Accounting Standard Update No. 2022-01 (“ASU 2021-08”), Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers , which requires that an entity (acquirer) recognize and measure contract assets and contract liabilities acquired in a business combination in accordance with Topic 606 (Revenue from Contracts with Customers). At the acquisition date, an acquirer should account for the related revenue contracts in accordance with Topic 606 as if it had originated the contracts. The ASU is part of the FASB's simplification initiative, which aims to reduce unnecessary complexity in U.S. GAAP. The Company early adopted ASU 2022-01 as of February 1, 2022 using the prospective method. The adoption of the standard impacted the accounting for the acquisition of Catalytic, Inc. (“Catalytic”) requiring the Company to measure acquired contract assets and liabilities in accordance with ASC 606. The adoption of ASU 2021-08 did not have a material impact on the condensed consolidated financial statements.
Operating Leases	Operating Leases The Company has entered into various non-cancellable operating leases for its office spaces with lease periods expiring between fiscal 2023 and fiscal 2029. The operating lease agreements generally provide for rental payments on a graduated basis and for options to renew, which could increase future minimum lease payments if exercised. Lease right-of-use assets and liabilities are recognized at the commencement date based on the present value of lease payments over the lease term. As the leases do not provide an implicit rate, the Company uses an incremental borrowing rate based on the information available at the commencement date in determining the present value of lease payments. The lease right-of-use assets also include any lease payments made and exclude lease incentives such as tenant improvement allowances.

Cash, Cash Equivalents, and I_2

Cash, Cash Equivalents, and Investments (Tables)	3 Months Ended
	Apr. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Components of Cash and Cash Equivalents	Cash, cash equivalents, and investments consisted of the following: As of April 30, 2022 As of January 31, 2022 (in thousands) Cash and cash equivalents Cash $ 159,213 $ 268,091 Money market funds 111,646 73,194 Commercial paper — 5,500 U.S. Treasury securities 3,000 3,000 Total cash and cash equivalents $ 273,859 $ 349,785 Available-for-sale investments: U.S. Treasury securities $ 40,940 $ 41,105 Commercial paper 42,084 39,483 Corporate debt securities 110,576 112,983 Total available-for-sale investments $ 193,600 $ 193,571
Components of Available-for-sale Investments	Cash, cash equivalents, and investments consisted of the following: As of April 30, 2022 As of January 31, 2022 (in thousands) Cash and cash equivalents Cash $ 159,213 $ 268,091 Money market funds 111,646 73,194 Commercial paper — 5,500 U.S. Treasury securities 3,000 3,000 Total cash and cash equivalents $ 273,859 $ 349,785 Available-for-sale investments: U.S. Treasury securities $ 40,940 $ 41,105 Commercial paper 42,084 39,483 Corporate debt securities 110,576 112,983 Total available-for-sale investments $ 193,600 $ 193,571
Summary of Carrying Value of Available-for-sale Investments	The following tables summarize the Company’s investments’ adjusted cost, net unrealized losses, and fair value by significant investment category as of April 30, 2022 and January 31, 2022. Gross realized gains or losses from sales of available-for-sale securities were not material for the three months ended April 30, 2022. As of April 30, 2022 Cost Basis Unrealized Loss, Net Recorded Basis (in thousands) Available-for-sale investments: U.S. Treasury securities $ 41,026 $ (86) $ 40,940 Commercial paper 42,225 (141) 42,084 Corporate debt securities 111,866 (1,290) 110,576 Total available-for-sale investments $ 195,117 $ (1,517) $ 193,600 As of January 31, 2022 Cost Basis Unrealized Loss, Net Recorded Basis (in thousands) Available-for-sale investments: U.S. Treasury securities $ 41,147 $ (42) $ 41,105 Commercial paper 39,528 (45) 39,483 Corporate debt securities 113,565 (582) 112,983 Total available-for-sale investments $ 194,240 $ (669) $ 193,571
Summary of Contractual Maturities of Available-for-sale Securities	The following tables present the Company’s available-for-sale securities by contractual maturity date as of April 30, 2022 and January 31, 2022: As of April 30, 2022 Cost Basis Recorded Basis (in thousands) Due within one year $ 161,372 $ 160,607 Due between one to five years 33,745 32,993 Total $ 195,117 $ 193,600 As of January 31, 2022 Cost Basis Recorded Basis (in thousands) Due within one year $ 154,692 $ 154,455 Due between one to five years 39,548 39,116 Total $ 194,240 $ 193,571

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Apr. 30, 2022
Fair Value Disclosures [Abstract]
Summary of Information about Company's Financial Assets	The following tables present information about the Company’s financial assets that are required to be measured or disclosed at fair value using the above input categories: As of April 30, 2022 Level 1 Level 2 Level 3 Total (in thousands) Money market funds $ 111,646 $ — $ — $ 111,646 U.S. Treasury securities 3,000 40,940 — 43,940 Commercial paper — 42,084 — 42,084 Corporate debt securities — 110,576 — 110,576 Total $ 114,646 $ 193,600 $ — $ 308,246 Included in cash equivalents $ 114,646 Included in investments $ 193,600 As of January 31, 2022 Level 1 Level 2 Level 3 Total (in thousands) Money market funds $ 73,194 $ — $ — $ 73,194 U.S. Treasury securities 3,000 41,105 — 44,105 Commercial paper 5,500 39,483 — 44,983 Corporate debt securities — 112,983 — 112,983 Total $ 81,694 $ 193,571 $ — $ 275,265 Included in cash equivalents $ 81,694 Included in investments $ 193,571

Goodwill and Acquired Intangi_2

Goodwill and Acquired Intangible Assets (Tables)	3 Months Ended
	Apr. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Carrying Amount of Goodwill	The changes in the carrying amount of goodwill for the three months ended April 30, 2022 are as follows: Goodwill (in thousands) Balance as of January 31, 2022 $ 72,126 Goodwill resulting from business combination 47,136 Balance as of April 30, 2022 $ 119,262
Schedule of Other Intangible Assets Subject to Amortization	Acquired intangible assets subject to amortization consist of the following: As of April 30, 2022 Cost Accumulated Amortization Net Weighted Average (in thousands) (in years) Customer relationships $ 24,400 $ (3,489) $ 20,911 8.4 Developed technology 24,800 (2,702) 22,098 3.4 Trademarks 400 (317) 83 0.4 Total acquired intangibles, net $ 49,600 $ (6,508) $ 43,092 As of January 31, 2022 Cost Accumulated Amortization Net Weighted Average (in thousands) (in years) Customer relationships $ 21,800 $ (2,907) $ 18,893 8.7 Developed technology 5,600 (1,493) 4,107 3.7 Trademarks 400 (267) 133 0.7 Total acquired intangibles, net $ 27,800 $ (4,667) $ 23,133

Business Combinations and Asset

Business Combinations and Asset Acquisitions (Tables)	3 Months Ended
	Apr. 30, 2022
Business Combinations [Abstract]
Schedule of Allocation of Purchase Consideration	The following table presents the preliminary fair values of acquired assets and liabilities recorded in the Company’s condensed consolidated balance sheet as of the acquisition date: (in thousands) Cash and cash equivalents $ 2,506 Accounts receivable and other assets 801 Prepaid and other current assets 441 Intangible assets 21,800 Goodwill 47,137 Accounts payable and other liabilities (409) Deferred revenue (856) Other tax liabilities (1,322) Deferred tax liability (1,330) Total purchase consideration $ 68,768
Schedule of Components of Identifiable Intangible Assets Acquired	The following table sets forth the components of identifiable intangible assets acquired and their estimated useful lives as of the date of acquisition: Fair Value Useful Life (in thousands) (in years) Developed technology $ 19,200 3 Customer relationships $ 2,600 10

Property and Equipment, Net (Ta

Property and Equipment, Net (Tables)	3 Months Ended
	Apr. 30, 2022
Property, Plant and Equipment [Abstract]
Property and Equipment, Net	Property and equipment, net, consisted of the following: As of April 30, 2022 As of January 31, 2022 (in thousands) Leasehold improvements $ 15,622 $ 15,392 Computers and equipment 8,347 7,483 Furniture and fixtures 4,508 4,686 Capitalized internal-use software 6,651 6,136 Gross property and equipment (1) 35,128 33,697 Accumulated depreciation and amortization (17,182) (15,468) Property and equipment, net $ 17,946 $ 18,229 (1) Gross property and equipment includes construction-in-progress for leasehold improvements and capitalized internal-use software of $2.0 million and $6.9 million that had not yet been placed in service as of April 30, 2022 and January 31, 2022, respectively. The costs associated with construction-in-progress are not amortized until the asset is available for its intended use.

Leases (Tables)

Leases (Tables)	3 Months Ended
	Apr. 30, 2022
Leases [Abstract]
Information About Lease on Condensed Consolidated Balance Sheet	The following table presents information about leases on the condensed consolidated balance sheet. As of April 30, 2022 As of January 31, 2021 (in thousands) Assets Lease right-of-use assets $ 19,082 $ 20,227 Liabilities Lease liabilities 5,741 5,637 Lease liabilities, non-current 19,415 20,912
Information About Leases on Condensed Consolidated Statement of Operations and Supplemental Cash Flow Information	The following table presents information about leases on the condensed consolidated statement of operations. Three Months Ended April 30, 2022 2021 (in thousands) Operating lease expense $ 1,523 $ 1,369 Short-term lease expense 360 90 Variable lease expense 314 113 The following table presents supplemental cash flow information about the Company’s leases. Three Months Ended April 30, 2022 2021 (in thousands) Cash paid for amounts included in the measurement of lease liabilities $ 1,618 $ 1,572

Debt and Financing Arrangemen_2

Debt and Financing Arrangements (Tables)	3 Months Ended
	Apr. 30, 2022
Debt Disclosure [Abstract]
Net Carrying Amount of Liability and Equity Components of Convertible Notes	The net carrying amount of the Notes as of April 30, 2022 and as of January 31, 2022 was as follows: As of April 30, 2022 As of January 31, 2022 (in thousands) Principal $ 287,500 $ 287,500 Less: unamortized issuance costs (5,985) (6,431) Net carrying amount $ 281,515 $ 281,069 Interest expense recognized related to the Notes is as follows: Three Months Ended April 30, 2022 2021 (in thousands) Contractual interest expense $ 878 $ 879 Amortization of debt issuance costs 447 438 Total interest expense related to the Notes $ 1,325 $ 1,317

Deferred Revenue and Performa_2

Deferred Revenue and Performance Obligations (Tables)	3 Months Ended
	Apr. 30, 2022
Revenue from Contract with Customer [Abstract]
Summary of Deferred Revenue	The following table presents the changes to the Company’s deferred revenue: Three Months Ended April 30, 2022 2021 (in thousands) Deferred revenue, beginning of period $ 170,224 $ 129,972 Billings 81,600 59,675 Deferred revenue assumed in the Catalytic acquisition 856 — Revenue recognized (85,371) (63,591) Deferred revenue, end of period $ 167,309 $ 126,056

Common Stock and Stockholders_2

Common Stock and Stockholders' Equity (Tables)	3 Months Ended
	Apr. 30, 2022
Equity [Abstract]
Summary of Shares of Common Stock Reserved for Future Issuance	Shares of common stock reserved for future issuance are as follows: April 30, 2022 Outstanding stock options and unvested RSUs and PSUs 18,081,165 Available for future stock option, RSU, and PSU grants 14,086,882 Available for ESPP 3,466,655 Total common stock reserved at April 30, 2022 35,634,702
Schedule of Stock Option Activity	Stock option activity is as follows: Number of Weighted Weighted Aggregate (in thousands) Outstanding at January 31, 2022 8,375,866 $ 9.28 6.1 years $ 198,828 Granted 24,882 $ 34.22 Exercised (745,764) $ 5.10 Canceled (38,747) $ 12.65 Outstanding at April 30, 2022 7,616,237 $ 9.76 6.0 years $ 126,616 Vested as of April 30, 2022 6,238,896 $ 7.61 5.6 years $ 117,088
Schedule of Assumptions Used to Calculate Fair Value of Employee Stock Option Grants Made	The following assumptions were used to calculate the fair value of employee stock option grants made during the periods: Three Months Ended April 30, 2022 2021 Expected dividend yield — % — % Expected volatility 47.1 % 43.8% Expected term (years) 6.1 6.1 Risk-free interest rate 2.50% 1.16%
Schedule of Restricted Stock Unit Activity	A summary of the Company’s RSU activity and related information is as follows: Number of RSUs Weighted Outstanding at January 31, 2022 6,028,201 $ 34.77 Granted 3,802,945 $ 34.22 Vested (226,103) $ 30.15 Forfeited or canceled (501,123) $ 33.05 Outstanding at April 30, 2022 9,103,920 $ 34.75
Schedule of Restricted Stock Unit Activity	A summary of the Company’s PSU activity and related information is as follows: Number of PSUs Weighted Outstanding at January 31, 2021 117,701 $ 41.17 Granted 629,830 $ 34.22 Vested (27,280) $ 41.17 Forfeited or canceled (23,405) $ 41.17 Performance adjustment for 2021 PSU Awards 34,332 $ 41.17 Outstanding at April 30, 2022 731,178 $ 35.18
Schedule of Stock-based Compensation Expense	Stock-based compensation expense included in the Company’s condensed consolidated statements of operations is as follows: Three Months Ended April 30, 2022 2021 (in thousands) Cost of revenue $ 1,224 $ 676 Research and development 8,675 4,440 Sales and marketing 6,381 3,954 General and administrative 8,629 4,542 Total $ 24,909 $ 13,612

Net Loss Per Share (Tables)

Net Loss Per Share (Tables)	3 Months Ended
	Apr. 30, 2022
Earnings Per Share [Abstract]
Calculation of Basic and Diluted Net Loss Per Share	The following table presents the calculation of basic and diluted net loss per share: Three Months Ended April 30, 2022 2021 (in thousands, except per share data) Numerator: Net loss $ (32,820) $ (22,558) Denominator: Weighted average shares used in calculating net loss per share, basic and diluted 87,127 82,915 Net loss per share, basic and diluted $ (0.38) $ (0.27)
Schedule of Anti-dilutive Securities That Were Not Included in Diluted Per Share Calculations	Potentially dilutive securities that were not included in the diluted per share calculations because they would be anti-dilutive were as follows: As of April 30, 2022 2021 (in thousands) Shares subject to outstanding common stock awards 17,451 16,171 Convertible senior notes 7,173 7,173 Restricted stock issued to Rundeck key personnel 70 209 Shares issuable pursuant to the 2019 employee stock purchase plan 208 204 Total 24,902 23,757

Geographic Information (Tables)

Geographic Information (Tables)	3 Months Ended
	Apr. 30, 2022
Segment Reporting [Abstract]
Disaggregation of Revenue By Geographic Location	Revenue by location is determined by the billing address of the customer. The following table sets forth revenue by geographic area: Three Months Ended April 30, 2022 2021 (in thousands) United States $ 64,766 $ 47,742 International 20,605 15,849 Total $ 85,371 $ 63,591

Summary of Significant Accoun_3

Summary of Significant Accounting Policies - Narrative (Details) $ in Millions	3 Months Ended
	Apr. 30, 2022USD ($)segment
Accounting Policies [Abstract]
Number of operating segments | segment	1
Related party transaction, accounts receivable	$ 1.2
Related party transaction, receivable	$ 1.2

Cash, Cash Equivalents, and I_3

Cash, Cash Equivalents, and Investments - Components of Cash and Cash Equivalents and Investments (Details) - USD ($) $ in Thousands	Apr. 30, 2022	Jan. 31, 2022
Cash and cash equivalents
Cash	$ 159,213	$ 268,091
Money market funds	111,646	73,194
Commercial paper	0	5,500
U.S. Treasury securities	3,000	3,000
Total cash and cash equivalents	273,859	349,785
Debt Securities, Available-for-sale [Line Items]
Total available-for-sale investments	193,600	193,571
U.S. Treasury securities
Debt Securities, Available-for-sale [Line Items]
Total available-for-sale investments	40,940	41,105
Commercial paper
Debt Securities, Available-for-sale [Line Items]
Total available-for-sale investments	42,084	39,483
Corporate debt securities
Debt Securities, Available-for-sale [Line Items]
Total available-for-sale investments	$ 110,576	$ 112,983

Cash, Cash Equivalents, and I_4

Cash, Cash Equivalents, and Investments - Carrying Value of Investments (Details) - USD ($) $ in Thousands	Apr. 30, 2022	Jan. 31, 2022
Debt Securities, Available-for-sale [Line Items]
Cost Basis	$ 195,117	$ 194,240
Unrealized Loss, Net	(1,517)	(669)
Recorded Basis	193,600	193,571
U.S. Treasury securities
Debt Securities, Available-for-sale [Line Items]
Cost Basis	41,026	41,147
Unrealized Loss, Net	(86)	(42)
Recorded Basis	40,940	41,105
Commercial paper
Debt Securities, Available-for-sale [Line Items]
Cost Basis	42,225	39,528
Unrealized Loss, Net	(141)	(45)
Recorded Basis	42,084	39,483
Corporate debt securities
Debt Securities, Available-for-sale [Line Items]
Cost Basis	111,866	113,565
Unrealized Loss, Net	(1,290)	(582)
Recorded Basis	$ 110,576	$ 112,983

Cash, Cash Equivalents, and I_5

Cash, Cash Equivalents, and Investments - Contractual Maturity (Details) - USD ($) $ in Thousands	Apr. 30, 2022	Jan. 31, 2022
Cost Basis
Due within one year	$ 161,372	$ 154,692
Due between one to five years	33,745	39,548
Cost Basis	195,117	194,240
Recorded Basis
Due within one year	160,607	154,455
Due between one to five years	32,993	39,116
Recorded Basis	$ 193,600	$ 193,571

Cash, Cash Equivalents, and I_6

Cash, Cash Equivalents, and Investments - Additional Information (Details)	3 Months Ended	12 Months Ended
	Apr. 30, 2022USD ($)security	Jan. 31, 2022USD ($)security
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Available-for-sale securities in an unrealized loss position | security	74	69
Securities in a continuous net loss position for 12 months or longer | security	8	7
Total unrealized loss on available-for-sale securities | $	$ 100,000	$ 700,000
Impairment loss recorded | $	$ 0

Fair Value Measurements (Detail

Fair Value Measurements (Details) - Recurring - USD ($) $ in Thousands	Apr. 30, 2022	Jan. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Money market funds	$ 114,646	$ 81,694
Included in investments	193,600	193,571
Total	308,246	275,265
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total	114,646	81,694
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total	193,600	193,571
Fair value of convertible senior notes	307,200
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total	0	0
U.S. Treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Included in investments	43,940	44,105
U.S. Treasury securities | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Included in investments	3,000	3,000
U.S. Treasury securities | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Included in investments	40,940	41,105
U.S. Treasury securities | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Included in investments	0	0
Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Included in investments	42,084	44,983
Commercial paper | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Included in investments	0	5,500
Commercial paper | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Included in investments	42,084	39,483
Commercial paper | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Included in investments	0	0
Corporate debt securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Included in investments	110,576	112,983
Corporate debt securities | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Included in investments	0	0
Corporate debt securities | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Included in investments	110,576	112,983
Corporate debt securities | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Included in investments	0	0
Money market funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Money market funds	111,646	73,194
Money market funds | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Money market funds	111,646	73,194
Money market funds | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Money market funds	0	0
Money market funds | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Money market funds	$ 0	$ 0

Goodwill and Acquired Intangi_3

Goodwill and Acquired Intangible Assets - Changes in Carrying Amount of Goodwill (Details) $ in Thousands	3 Months Ended
	Apr. 30, 2022USD ($)
Goodwill [Roll Forward]
Balance as of beginning of period	$ 72,126
Goodwill resulting from business combination	47,136
Balance as of end of period	$ 119,262

Goodwill and Acquired Intangi_4

Goodwill and Acquired Intangible Assets - Schedule of Other Intangible Assets Subject to Amortization (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Jan. 31, 2022
Finite-Lived Intangible Assets [Line Items]
Cost	$ 49,600		$ 27,800
Accumulated Amortization	(6,508)		(4,667)
Net	43,092		23,133
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Cost	24,400		21,800
Accumulated Amortization	(3,489)		(2,907)
Net	$ 20,911		18,893
Weighted Average Remaining Useful Life	8 years 4 months 24 days	8 years 8 months 12 days
Developed technology
Finite-Lived Intangible Assets [Line Items]
Cost	$ 24,800		5,600
Accumulated Amortization	(2,702)		(1,493)
Net	$ 22,098		4,107
Weighted Average Remaining Useful Life	3 years 4 months 24 days	3 years 8 months 12 days
Trademarks
Finite-Lived Intangible Assets [Line Items]
Cost	$ 400		400
Accumulated Amortization	(317)		(267)
Net	$ 83		$ 133
Weighted Average Remaining Useful Life	4 months 24 days	8 months 12 days

Goodwill and Acquired Intangi_5

Goodwill and Acquired Intangible Assets - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 30, 2022	Apr. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense related to intangible assets	$ 1.8	$ 0.9

Business Combinations - Additio

Business Combinations - Additional Information (Details) - USD ($) $ in Thousands	Mar. 08, 2022	Apr. 30, 2022	Jan. 31, 2022
Business Acquisition [Line Items]
Goodwill		$ 119,262	$ 72,126
Cost		49,600	27,800
Developed technology
Business Acquisition [Line Items]
Cost		24,800	5,600
Customer relationships
Business Acquisition [Line Items]
Cost		$ 24,400	$ 21,800
Catalytic
Business Acquisition [Line Items]
Purchase consideration	$ 68,800
Goodwill	47,137
Catalytic | Developed technology
Business Acquisition [Line Items]
Cost	19,200
Catalytic | Customer relationships
Business Acquisition [Line Items]
Cost	2,600
Rundeck, Inc
Business Acquisition [Line Items]
Cash held back	$ 3,400
Service period (in years)	2 years

Business Combinations - Allocat

Business Combinations - Allocation of Purchase Consideration (Details) - USD ($) $ in Thousands	Apr. 30, 2022	Mar. 08, 2022	Jan. 31, 2022
Business Acquisition [Line Items]
Goodwill	$ 119,262		$ 72,126
Catalytic
Business Acquisition [Line Items]
Cash and cash equivalents		$ 2,506
Accounts receivable and other assets		801
Prepaid and other current assets		441
Intangible assets		21,800
Goodwill		47,137
Accounts payable and other liabilities		(409)
Deferred revenue		(856)
Other tax liabilities		(1,322)
Deferred tax liability		(1,330)
Total purchase consideration		68,768
Net deferred tax liability recognized in connection with acquisition		$ 1,330

Business Combinations - Compone

Business Combinations - Components of Identifiable Intangible Assets Acquired (Details) - USD ($) $ in Thousands	Mar. 08, 2022	Apr. 30, 2022	Jan. 31, 2022
Acquired Finite-Lived Intangible Assets [Line Items]
Fair Value		$ 49,600	$ 27,800
Developed Technology Rights
Acquired Finite-Lived Intangible Assets [Line Items]
Fair Value		24,800	5,600
Customer Relationships
Acquired Finite-Lived Intangible Assets [Line Items]
Fair Value		$ 24,400	$ 21,800
Catalytic | Developed Technology Rights
Acquired Finite-Lived Intangible Assets [Line Items]
Fair Value	$ 19,200
Useful Life	3 years
Catalytic | Customer Relationships
Acquired Finite-Lived Intangible Assets [Line Items]
Fair Value	$ 2,600
Useful Life	10 years

Property and Equipment, Net (De

Property and Equipment, Net (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Jan. 31, 2022
Property, Plant and Equipment [Line Items]
Gross property and equipment	$ 35,128		$ 33,697
Accumulated depreciation and amortization	(17,182)		(15,468)
Property and equipment, net	17,946		18,229
Depreciation and amortization	1,600	$ 1,000
Leasehold improvements
Property, Plant and Equipment [Line Items]
Gross property and equipment	15,622		15,392
Computers and equipment
Property, Plant and Equipment [Line Items]
Gross property and equipment	8,347		7,483
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Gross property and equipment	4,508		4,686
Capitalized internal-use software
Property, Plant and Equipment [Line Items]
Gross property and equipment	6,651		6,136
Impairment charge	700
Construction-in-progress
Property, Plant and Equipment [Line Items]
Gross property and equipment	$ 2,000		$ 6,900

Deferred Contract Costs (Detail

Deferred Contract Costs (Details) - USD ($)	3 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Jan. 31, 2022
Revenue from Contract with Customer [Abstract]
Deferred contract costs	$ 43,400,000		$ 42,800,000
Amortization of deferred contract costs	4,465,000	$ 3,250,000
Impairment loss in relation to costs capitalized	$ 0	$ 0

Leases - Information About Leas

Leases - Information About Lease on Condensed Consolidated Balance Sheet (Details) - USD ($) $ in Thousands	Apr. 30, 2022	Jan. 31, 2022
Assets
Lease right-of-use assets	$ 19,082	$ 20,227
Liabilities
Lease liabilities	5,741	5,637
Lease liabilities, non-current	$ 19,415	$ 20,912

Leases - Additional Information

Leases - Additional Information (Details)	Apr. 30, 2022
Leases [Abstract]
Weighted average remaining lease term (in years)	4 years 7 months 6 days
Weighted average discount rate	3.70%

Leases - Information About Le_2

Leases - Information About Leases on Condensed Consolidated Statement of Operations (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2022	Apr. 30, 2021
Leases [Abstract]
Operating lease expense	$ 1,523	$ 1,369
Short-term lease expense	360	90
Variable lease expense	$ 314	$ 113

Leases - Supplemental Cash Flow

Leases - Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2022	Apr. 30, 2021
Leases [Abstract]
Cash paid for amounts included in the measurement of lease liabilities	$ 1,618	$ 1,572

Debt and Financing Arrangemen_3

Debt and Financing Arrangements - Additional Information (Details) $ / shares in Units, shares in Millions	Jun. 25, 2020USD ($)day$ / sharesshares	Apr. 30, 2022USD ($)	Jan. 31, 2022USD ($)
Debt Instrument [Line Items]
Conversion rate	0.0249507
Convertible Senior Notes
Debt Instrument [Line Items]
Aggregate principal amount of debt issued | $	$ 287,500,000
Net proceeds from debt offering, after deducting initial purchaser discounts and debt issuance costs paid or payable | $	$ 278,200,000
Stated interest rate	1.25%
Initial conversion price (in dollars per share) | $ / shares	$ 40.08
Event of default, option to accelerate amounts due, minimum percentage of aggregate principal amount of outstanding debt	25.00%
Effective interest rate		1.93%
Long-term debt | $		$ 281,515,000	$ 281,069,000
Issuance costs attributable to company | $		$ 6,000,000
Net cost incurred to purchase capped calls | $	$ 35,700,000
Convertible Senior Notes | Capped Calls
Debt Instrument [Line Items]
Initial strike price (in dollars per share) | $ / shares	$ 40.08
Cap price (in dollars per share) | $ / shares	$ 61.66
Number of shares of common stock covered by capped calls (in shares) | shares	7.2
Automatic exercise period for capped calls, trading days	40
Convertible Senior Notes | Debt Conversion Terms, One
Debt Instrument [Line Items]
Threshold trading days	20
Threshold consecutive trading days	30
Threshold percentage of stock price trigger	130.00%
Convertible Senior Notes | Debt Conversion Terms, Two
Debt Instrument [Line Items]
Threshold trading days	5
Threshold consecutive trading days	10
Threshold percentage of product of last reported sales price of common stock and conversion rate on each such trading day	98.00%
Convertible Senior Notes | On or after July 6, 2023
Debt Instrument [Line Items]
Threshold trading days	20
Threshold consecutive trading days	30
Threshold percentage of stock price trigger	130.00%
Redemption, threshold trading days immediately preceding maturity date	41
Redemption price, percentage of principal amount to be redeemed	100.00%
Convertible Senior Notes | Fundamental Change
Debt Instrument [Line Items]
Redemption price, percentage of principal amount to be redeemed	100.00%

Debt and Financing Arrangemen_4

Debt and Financing Arrangements - Net Carrying Amount (Details) - Convertible Senior Notes - USD ($) $ in Thousands	Apr. 30, 2022	Jan. 31, 2022
Liability Component:
Principal	$ 287,500	$ 287,500
Less: unamortized issuance costs	(5,985)	(6,431)
Net carrying amount	$ 281,515	$ 281,069

Debt and Financing Arrangemen_5

Debt and Financing Arrangements - Interest Expense (Details) - Convertible Senior Notes - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2022	Apr. 30, 2021
Debt Instrument [Line Items]
Contractual interest expense	$ 878	$ 879
Amortization of debt issuance costs	447	438
Total interest expense related to the Notes	$ 1,325	$ 1,317

Deferred Revenue and Performa_3

Deferred Revenue and Performance Obligations - Deferred Revenue (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2022	Apr. 30, 2021
Increase (Decrease) In Contract with Customer, Liability [Roll Forward]
Deferred revenue, beginning of period	$ 170,224	$ 129,972
Billings	81,600	59,675
Deferred revenue assumed in the Catalytic acquisition	856	0
Revenue recognized	(85,371)	(63,591)
Deferred revenue, end of period	$ 167,309	$ 126,056

Deferred Revenue and Performa_4

Deferred Revenue and Performance Obligations - Additional Information (Details) $ in Millions	Apr. 30, 2022USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Future estimated revenue related to performance obligations	$ 141.4
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-05-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, period	24 months

Common Stock and Stockholders_3

Common Stock and Stockholders' Equity - Additional Information (Details) $ / shares in Units, $ in Thousands	Apr. 11, 2019purchase_period	Apr. 30, 2022USD ($)equityIncentivePlan$ / sharesshares	Apr. 30, 2021USD ($)$ / shares	Mar. 08, 2022	Jan. 31, 2022shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of equity incentive plans | equityIncentivePlan		2
Number of shares authorized for grant (in shares) | shares		27,895,454			23,343,378
Number of shares available for grant (in shares) | shares		14,086,882			14,185,048
Weighted average grant date fair value of stock options (in dollars per share) | $ / shares		$ 16.46	$ 17.80
Aggregate intrinsic value of stock options exercised		$ 21,300	$ 20,500
Unrecognized compensation cost related to unvested stock options		15,700
Stock-based compensation expense		$ 24,909	13,612
Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance condition (as a percent)		0.00%
Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost related to unvested awards, period for recognition		2 years 1 month 6 days
RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost related to unvested RSUs		$ 293,900
Unrecognized compensation cost related to unvested awards, period for recognition		3 years 2 months 12 days
PSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost related to unvested RSUs		$ 22,300
Unrecognized compensation cost related to unvested awards, period for recognition		1 year 8 months 12 days
Vesting period (in years)		3 years
PSUs | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance condition (as a percent)		200.00%		129.00%
ESPP
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares available for grant (in shares) | shares		3,466,655
Offering period (in months)	24 months
Number of purchase periods within each offering period | purchase_period	4
Purchase period (in months)	6 months
Purchase price as a percentage of fair market value of stock on the offering date or the purchase date	85.00%
Stock-based compensation expense		$ 1,100	1,800
Amount withheld on behalf of employees for future purchase		$ 5,700	$ 3,000

Common Stock and Stockholders_4

Common Stock and Stockholders' Equity - Shares Available for Issuance (Details) - shares	Apr. 30, 2022	Jan. 31, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares available for grant (in shares)	14,086,882	14,185,048
Total common stock reserved at period end (in shares)	35,634,702
Stock options, RSUs and PSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding stock options and unvested RSUs outstanding (in shares)	18,081,165
Number of shares available for grant (in shares)	14,086,882
ESPP
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares available for grant (in shares)	3,466,655

Common Stock and Stockholders_5

Common Stock and Stockholders' Equity - Stock Option Activity (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	12 Months Ended
	Apr. 30, 2022	Jan. 31, 2022
Number of Shares
Outstanding, beginning balance (in shares)	8,375,866
Granted (in shares)	24,882
Exercised (in shares)	(745,764)
Canceled (in shares)	(38,747)
Outstanding, ending balance (in shares)	7,616,237	8,375,866
Vested (in shares)	6,238,896
Weighted Average Exercise Price
Outstanding, beginning balance (in dollars per share)	$ 9.28
Granted (in dollars per share)	34.22
Exercised (in dollars per share)	5.10
Canceled (in dollars per share)	12.65
Outstanding, ending balance (in dollars per share)	9.76	$ 9.28
Vested (in dollars per share)	$ 7.61
Weighted Average Remaining Contractual Term
Outstanding	6 years	6 years 1 month 6 days
Vested	5 years 7 months 6 days
Aggregate Intrinsic Value
Outstanding	$ 126,616	$ 198,828
Vested	$ 117,088

Common Stock and Stockholders_6

Common Stock and Stockholders' Equity - Assumptions Used to Calculate Fair Value of Employee Stock Option Grants Made (Details) - Employee - Stock options	3 Months Ended
	Apr. 30, 2022	Apr. 30, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected dividend yield	0.00%	0.00%
Expected volatility	47.10%
Expected volatility, maximum		43.80%
Expected term (years)	6 years 1 month 6 days
Risk-free interest rate	2.50%
Risk-free interest rate, maximum		1.16%
Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected term (years)		6 years 1 month 6 days

Common Stock and Stockholders_7

Common Stock and Stockholders' Equity - Restricted Stock Units and Performance Stock Units Activity (Details)	3 Months Ended
	Apr. 30, 2022$ / sharesshares
RSUs
Number of Awards
Outstanding, beginning balance (in shares) | shares	6,028,201
Granted (in shares) | shares	3,802,945
Vested, net of shares withheld for employee payroll taxes (in shares) | shares	(226,103)
Canceled (in shares) | shares	(501,123)
Outstanding, ending balance (in shares) | shares	9,103,920
Weighted Average Grant Date Fair Value Per Share
Outstanding, beginning balance (in dollars per share) | $ / shares	$ 34.77
Granted (in dollars per share) | $ / shares	34.22
Vested, net of shares withheld for employee payroll taxes (in dollars per share) | $ / shares	30.15
Canceled (in dollars per share) | $ / shares	33.05
Outstanding, ending balance (in dollars per share) | $ / shares	$ 34.75
PSUs
Number of Awards
Outstanding, beginning balance (in shares) | shares	117,701
Granted (in shares) | shares	629,830
Vested, net of shares withheld for employee payroll taxes (in shares) | shares	(27,280)
Canceled (in shares) | shares	(23,405)
Performance adjustment for 2021 PSU Awards (in shares) | shares	34,332
Outstanding, ending balance (in shares) | shares	731,178
Weighted Average Grant Date Fair Value Per Share
Outstanding, beginning balance (in dollars per share) | $ / shares	$ 41.17
Granted (in dollars per share) | $ / shares	34.22
Vested, net of shares withheld for employee payroll taxes (in dollars per share) | $ / shares	41.17
Canceled (in dollars per share) | $ / shares	41.17
Performance adjustment for 2021 PSU Awards (in dollars per share) | $ / shares	41.17
Outstanding, ending balance (in dollars per share) | $ / shares	$ 35.18

Common Stock and Stockholders_8

Common Stock and Stockholders' Equity - Stock-based Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2022	Apr. 30, 2021
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock-based compensation expense	$ 24,909	$ 13,612
Cost of revenue
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock-based compensation expense	1,224	676
Research and development
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock-based compensation expense	8,675	4,440
Sales and marketing
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock-based compensation expense	6,381	3,954
General and administrative
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock-based compensation expense	$ 8,629	$ 4,542

Net Loss Per Share - Calculatio

Net Loss Per Share - Calculation of Basic and Diluted Net Loss Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Apr. 30, 2022	Apr. 30, 2021
Numerator:
Net loss	$ (32,820)	$ (22,558)
Denominator:
Weighted average shares used in calculating net loss per share, diluted (in shares)	87,127	82,915
Weighted average shares used in calculating net loss per share, basic (in shares)	87,127	82,915
Net loss per share, basic (in dollars per share)	$ (0.38)	$ (0.27)
Net loss per share, diluted (in dollars per share)	$ (0.38)	$ (0.27)

Net Loss Per Share - Anti-dilut

Net Loss Per Share - Anti-dilutive Securities (Details) - shares shares in Thousands	3 Months Ended
	Apr. 30, 2022	Apr. 30, 2021
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)	24,902	23,757
Shares subject to outstanding common stock awards
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)	17,451	16,171
Convertible senior notes
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)	7,173	7,173
Restricted stock issued to Rundeck key personnel
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)	70	209
Shares issuable pursuant to the 2019 employee stock purchase plan
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)	208	204

Income Taxes (Details)

Income Taxes (Details) - USD ($)	3 Months Ended
	Apr. 30, 2022	Apr. 30, 2021
Income Tax Disclosure [Abstract]
Income tax expense (benefit)	$ (1,204,000)	$ 205,000
Deferred income taxes and tax credits	$ 1,300,000

Geographic Information - Revenu

Geographic Information - Revenue by Location (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2022	Apr. 30, 2021
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	$ 85,371	$ 63,591
United States
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	64,766	47,742
International
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	$ 20,605	$ 15,849

Geographic Information - Additi

Geographic Information - Additional Information (Details) - Long-Lived Assets - Geographic Concentration Risk	3 Months Ended	12 Months Ended
	Apr. 30, 2022	Jan. 31, 2022
United States
Concentration Risk [Line Items]
Concentration risk, percentage	86.00%	86.00%
Canada
Concentration Risk [Line Items]
Concentration risk, percentage	14.00%	14.00%

Uncategorized Items - pd-202204

Label	Element	Value
Accounting Standards Update [Extensible Enumeration]	us-gaap_AccountingStandardsUpdateExtensibleList	Accounting Standards Update 2020-06 [Member]