HashiCorp (HCP) 10-Q 7 Dec 22 2023 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Oct. 31, 2022	Dec. 01, 2022
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Oct. 31, 2022
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q3
Trading Symbol	HCP
Entity Registrant Name	HashiCorp, Inc.
Entity Central Index Key	0001720671
Current Fiscal Year End Date	--01-31
Entity Filer Category	Non-accelerated Filer
Entity Current Reporting Status	Yes
Entity Shell Company	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	true
Entity Small Business	false
Title of 12(b) Security	Class A Common Stock, par value $0.000015 per share
Security Exchange Name	NASDAQ
Entity File Number	001-41121
Entity Tax Identification Number	32-0410665
Entity Address, Address Line One	101 Second Street
Entity Address, Address Line Two	Suite 700
Entity Address, City or Town	San Francisco
Entity Address, Postal Zip Code	94105
City Area Code	415
Local Phone Number	301-3250
Entity Address, State or Province	CA
Entity Incorporation, State or Country Code	DE
Document Quarterly Report	true
Document Transition Report	false
Entity Interactive Data Current	Yes
Class A Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		81,949,871
Class B Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		106,018,333

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Oct. 31, 2022	Jan. 31, 2022
Current assets
Cash and cash equivalents	$ 1,274,901	$ 1,355,828
Accounts receivable, net	115,279	126,812
Deferred contract acquisition costs	37,317	32,205
Prepaid expenses and other current assets	14,437	17,744
Total current assets	1,441,934	1,532,589
Deferred contract acquisition costs, non-current	73,505	57,126
Other assets, non-current	37,926	33,960
Total assets	1,553,365	1,623,675
Current liabilities:
Accounts payable	16,367	14,267
Accrued expenses and other current liabilities	7,309	7,672
Accrued compensation and benefits	53,204	56,939
Deferred revenue	220,579	206,416
Customer deposits	21,569	23,383
Total current liabilities	319,028	308,677
Deferred revenue, non-current	13,603	16,873
Other liabilities, non-current	13,528	15,834
Total liabilities	346,159	341,384
Commitments and contingencies (note 8)
Stockholders' equity
Additional paid-in capital	1,938,244	1,788,390
Accumulated deficit	(731,041)	(506,102)
Total stockholders' equity	1,207,206	1,282,291
Total liabilities and stockholders' equity	1,553,365	1,623,675
Class A Common Stock
Stockholders' equity
Common Stock	1	1
Class B Common Stock
Stockholders' equity
Common Stock	$ 2	$ 2

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Oct. 31, 2022	Jan. 31, 2022
Class A Common Stock
Common stock, Par value	$ 0.000015	$ 0.000015
Common stock, Shares authorized	1,000,000,000	1,000,000,000
Common stock, Shares issued	77,447,000	30,597,000
Common stock, Shares outstanding	77,447,000	30,597,000
Class B Common Stock
Common stock, Par value	$ 0.000015	$ 0.000015
Common stock, Shares authorized	200,000,000	200,000,000
Common stock, Shares issued	110,394,000	151,570,000
Common stock, Shares outstanding	110,394,000	151,570,000

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2022	Oct. 31, 2021	Oct. 31, 2022	Oct. 31, 2021
Revenue:
Total revenue	$ 125,341	$ 82,221	$ 340,101	$ 224,246
Cost of revenue:
Total cost of revenue	22,548	11,139	63,477	36,734
Gross Profit, Total	102,793	71,082	276,624	187,512
Operating expenses:
Sales and marketing	92,872	53,511	260,798	142,380
Research and development	53,887	25,655	148,947	68,703
General and administrative	33,372	13,450	101,278	38,478
Total operating expenses	180,131	92,616	511,023	249,561
Loss from operations	(77,338)	(21,534)	(234,399)	(62,049)
Interest income	8,584	17	13,126	216
Other expenses, net	(2,882)	(16)	(2,922)	(126)
Loss before income taxes	(71,636)	(21,533)	(224,195)	(61,959)
Provision for income taxes	322	418	744	479
Net loss	$ (71,958)	$ (21,951)	$ (224,939)	$ (62,438)
Net loss per share attributable to Class A and Class B common stockholders, basic	$ (0.38)	$ (0.33)	$ (1.22)	$ (0.94)
Net loss per share attributable to Class A and Class B common stockholders, diluted	$ (0.38)	$ (0.33)	$ (1.22)	$ (0.94)
Weighted-average shares used to compute net loss per share attributable to Class A and Class B common stockholders, basic	187,080	66,782	185,124	66,313
Weighted-average shares used to compute net loss per share attributable to Class A and Class B common stockholders, diluted	187,080	66,782	185,124	66,313
Total Subscription Revenue
Revenue:
Total revenue	$ 120,198	$ 80,143	$ 328,814	$ 219,331
Cost of revenue:
Total cost of revenue	18,391	9,447	52,783	31,458
Total Subscription Revenue | License
Revenue:
Total revenue	17,823	9,892	43,505	31,850
Cost of revenue:
Total cost of revenue	393	37	1,146	167
Total Subscription Revenue | Support
Revenue:
Total revenue	89,500	64,894	252,965	175,782
Cost of revenue:
Total cost of revenue	12,149	6,884	35,259	23,568
Total Subscription Revenue | Cloud Hosted Services
Revenue:
Total revenue	12,875	5,357	32,344	11,699
Cost of revenue:
Total cost of revenue	5,849	2,526	16,378	7,723
Professional Services and Other
Revenue:
Total revenue	5,143	2,078	11,287	4,915
Cost of revenue:
Total cost of revenue	$ 4,157	$ 1,692	$ 10,694	$ 5,276

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF REDEEMABLE CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS' EQUITY (DEFICIT) - USD ($) shares in Thousands, $ in Thousands	Total	Redeemable Convertible Preferred Stock	Class A and Class B Common Stock	Additional Paid-in Capital	Accumulated Deficit
Beginning Balance at Jan. 31, 2021	$ (121,804)		$ 1	$ 94,159	$ (215,964)
Temporary Equity, Beginning Balance, Shares at Jan. 31, 2021		94,128
Temporary Equity, Beginning Balance at Jan. 31, 2021		$ 349,113
Beginning Balance, Shares at Jan. 31, 2021			65,578
Issuance of common stock upon exercise of stock options	1,851			1,851
Issuance of common stock upon exercise of stock options, Shares			841
Vesting of early exercised stock options	9			9
Issuance of common stock for restricted stock awards, Shares			5
Stock-based compensation	1,726			1,726
Net loss	(15,586)				(15,586)
Ending Balance at Apr. 30, 2021	(133,804)		$ 1	97,745	(231,550)
Temporary Equity, Ending Balance Shares at Apr. 30, 2021		94,128
Temporary Equity, Ending Balance at Apr. 30, 2021		$ 349,113
Ending Balance, Shares at Apr. 30, 2021			66,424
Beginning Balance at Jan. 31, 2021	(121,804)		$ 1	94,159	(215,964)
Temporary Equity, Beginning Balance, Shares at Jan. 31, 2021		94,128
Temporary Equity, Beginning Balance at Jan. 31, 2021		$ 349,113
Beginning Balance, Shares at Jan. 31, 2021			65,578
Net loss	(62,438)
Ending Balance at Oct. 31, 2021	(176,085)		$ 1	102,316	(278,402)
Temporary Equity, Ending Balance Shares at Oct. 31, 2021		94,128
Temporary Equity, Ending Balance at Oct. 31, 2021		$ 349,113
Ending Balance, Shares at Oct. 31, 2021			67,114
Beginning Balance at Apr. 30, 2021	(133,804)		$ 1	97,745	(231,550)
Temporary Equity, Beginning Balance, Shares at Apr. 30, 2021		94,128
Temporary Equity, Beginning Balance at Apr. 30, 2021		$ 349,113
Beginning Balance, Shares at Apr. 30, 2021			66,424
Issuance of common stock upon exercise of stock options	487			487
Issuance of common stock upon exercise of stock options, Shares			228
Vesting of early exercised stock options	4			4
Stock-based compensation	1,498			1,498
Net loss	(24,901)				(24,901)
Ending Balance at Jul. 31, 2021	(156,716)		$ 1	99,734	(256,451)
Temporary Equity, Ending Balance Shares at Jul. 31, 2021		94,128
Temporary Equity, Ending Balance at Jul. 31, 2021		$ 349,113
Ending Balance, Shares at Jul. 31, 2021			66,652
Issuance of common stock upon exercise of stock options	1,038			1,038
Issuance of common stock upon exercise of stock options, Shares			457
Vesting of early exercised stock options	2			2
Issuance of common stock upon settlement of restricted stock units, shares			5
Stock-based compensation	1,542			1,542
Net loss	(21,951)				(21,951)
Ending Balance at Oct. 31, 2021	(176,085)		$ 1	102,316	(278,402)
Temporary Equity, Ending Balance Shares at Oct. 31, 2021		94,128
Temporary Equity, Ending Balance at Oct. 31, 2021		$ 349,113
Ending Balance, Shares at Oct. 31, 2021			67,114
Beginning Balance at Jan. 31, 2022	1,282,291		$ 3	1,788,390	(506,102)
Beginning Balance, Shares at Jan. 31, 2022			182,167
Issuance of common stock upon exercise of stock options	521			521
Issuance of common stock upon exercise of stock options, Shares			839
Vesting of early exercised stock options	3			3
Issuance of common stock upon settlement of restricted stock units, shares			710
Tax withholdings on settlement of restricted stock units value	(125)			(125)
Tax withholdings on settlement of restricted stock units shares			(8)
Stock-based compensation	47,141			47,141
Net loss	(78,217)				(78,217)
Ending Balance at Apr. 30, 2022	1,251,614		$ 3	1,835,930	(584,319)
Ending Balance, Shares at Apr. 30, 2022			183,708
Beginning Balance at Jan. 31, 2022	1,282,291		$ 3	1,788,390	(506,102)
Beginning Balance, Shares at Jan. 31, 2022			182,167
Net loss	(224,939)
Ending Balance at Oct. 31, 2022	1,207,206		$ 3	1,938,244	(731,041)
Ending Balance, Shares at Oct. 31, 2022			187,841
Beginning Balance at Apr. 30, 2022	1,251,614		$ 3	1,835,930	(584,319)
Beginning Balance, Shares at Apr. 30, 2022			183,708
Issuance of common stock upon exercise of stock options	1,645			1,645
Issuance of common stock upon exercise of stock options, Shares			786
Vesting of early exercised stock options	2			2
Issuance of common stock upon settlement of restricted stock units, shares			1,477
Tax withholdings on settlement of restricted stock units value	(77)			(77)
Tax withholdings on settlement of restricted stock units shares			(2)
Issuance of common stock under employee stock purchase plan	8,501			8,501
Issuance of common stock under employee stock purchase plan, Shares			351
Stock-based compensation	43,309			43,309
Net loss	(74,764)				(74,764)
Ending Balance at Jul. 31, 2022	1,230,230		$ 3	1,889,310	(659,083)
Ending Balance, Shares at Jul. 31, 2022			186,320
Issuance of common stock upon exercise of stock options	989			989
Issuance of common stock upon exercise of stock options, Shares			491
Vesting of early exercised stock options	1			1
Issuance of common stock upon settlement of restricted stock units, shares			1,032
Tax withholdings on settlement of restricted stock units value	(20)			(20)
Tax withholdings on settlement of restricted stock units shares			(2)
Stock-based compensation	47,964			47,964
Net loss	(71,958)				(71,958)
Ending Balance at Oct. 31, 2022	$ 1,207,206		$ 3	$ 1,938,244	$ (731,041)
Ending Balance, Shares at Oct. 31, 2022			187,841

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Oct. 31, 2022	Oct. 31, 2021
Cash flows from operating activities
Net loss	$ (224,939)	$ (62,438)
Adjustments to reconcile net loss to cash from operating activities:
Stock-based compensation expense, net of amounts capitalized	135,372	4,766
Depreciation and amortization expense	3,178	1,478
Non-cash operating lease cost	2,135	1,685
Other	(8)	69
Changes in operating assets and liabilities:
Accounts receivable	11,541	7,919
Deferred contract acquisition costs	(21,491)	(22,397)
Prepaid expenses and other assets	3,391	(4,327)
Accounts payable	2,100	3,818
Accrued expenses and other liabilities	(2,663)	(2,162)
Accrued compensation and benefits	(3,735)	12,838
Deferred revenue	10,893	12,770
Customer deposits	(1,814)	(3,236)
Net cash used in operating activities	(86,040)	(49,217)
Cash flows from investing activities
Purchases of property and equipment	(140)	(86)
Capitalized internal-use software	(6,174)	(4,652)
Net cash used in investing activities	(6,314)	(4,738)
Cash flows from financing activities
Taxes paid related to net share settlement of equity awards	(222)
Proceeds from issuance of common stock upon exercise of stock options	3,155	3,376
Proceeds from issuance of common stock under employee stock purchase plan	8,501
Payments of deferred offering costs		(2,028)
Net cash provided by financing activities	11,434	1,348
Net decrease in cash, cash equivalents, and restricted cash	(80,920)	(52,607)
Cash, cash equivalents, and restricted cash beginning of period	1,357,613	272,576
Cash, cash equivalents, and restricted cash end of period	1,276,693	219,969
Supplemental disclosure of cash flow information
Cash paid for income taxes	1,090	655
Cash paid for operating lease liabilities	2,827	2,364
Supplemental disclosure of noncash investing and financing activities
Operating lease right-of-use assets obtained in exchange for new lease obligations		2,036
Unpaid deferred offering costs		$ 1,818
Capitalized stock-based compensation expense	$ 3,042

Organization and Description of

Organization and Description of Business	9 Months Ended
	Oct. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Description of Business	1. Organization and Description of Business Description of Business HashiCorp, Inc., (“HashiCorp” or the “Company”) was incorporated in Delaware in May 2013. The Company is headquartered in San Francisco, California and has wholly owned subsidiaries around the world. The Company’s foundational technologies solve the core infrastructure challenges of cloud adoption by enabling an operating model that unlocks the full potential of modern public and private clouds. The Company’s cloud operating model provides consistent workflows and a standardized approach to automating the critical processes involved in delivering applications in the cloud: infrastructure provisioning, security, networking, and application deployment. The Company’s primary commercial products are HashiCorp Terraform, Vault, Consul, and Nomad. The Company’s software is predominantly self-managed by users and customers who deploy it across public, private, and hybrid cloud environments. The Company also offers a fully-managed cloud platform for multiple products that further accelerates enterprise cloud migration by addressing resource and skills gaps, improving operational efficiency, and speeding up deployment time for customers. Additionally, the Company provides premium support and services.

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Oct. 31, 2022
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in conformity with generally accepted accounting principles in the United States of America ("U.S. GAAP" or "GAAP") and include the accounts of the Company and its wholly owned subsidiaries. Certain information and note disclosures normally included in the financial statements prepared in accordance with U.S. GAAP have been condensed or omitted pursuant to the applicable rules and regulations of the Securities and Exchange Commission (the "SEC"). The condensed balance sheet data as of January 31, 2022 was derived from the Company’s audited financial statements included in its Annual Report on Form 10-K for the fiscal year ended January 31, 2022 (the “2022 Form 10-K”), but does not include all disclosures required by U.S. GAAP. Therefore, these interim unaudited condensed consolidated financial statements and accompanying footnotes should be read in conjunction with the Company’s annual consolidated financial statements and related footnotes included in its Annual Report on Form 10-K for the fiscal year ended January 31, 2022 (the “fiscal 2022 Form 10-K”). The accompanying unaudited condensed consolidated financial statements reflect all adjustments, consisting only of normal recurring adjustments, that are, in the opinion of management, necessary for the fair presentation of the Company’s financial position, results of operations, cash flows, and stockholders’ equity for the interim periods presented. The results of operations for the three and nine months ended October 31, 2022 shown in this report are not necessarily indicative of the results to be expected for the full year ending January 31, 2023 or any other period. Principles of Consolidation The unaudited condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation. Use of Estimates The preparation of condensed consolidated financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of income and expense during the reporting period. Such management estimates include the determination of standalone selling prices of the Company’s performance obligations, the estimated period of benefit of deferred contract acquisition costs, the fair value of share-based awards, software development costs, discount rates used for operating leases, and accounting for income taxes, including the valuation allowance on deferred tax assets and uncertain tax positions. These estimates are based on information available as of the date of the condensed consolidated financial statements; therefore, actual results could differ from those estimates. Comprehensive Loss Comprehensive loss consists of other comprehensive loss and net loss. Other comprehensive loss refers to revenue, expenses, gains, and losses that are recorded as an element of stockholders’ deficit but are excluded from net loss. The Company did not have any other comprehensive loss transactions during the period presented. Accordingly, comprehensive loss is equal to net loss. Restricted Cash Restricted cash constitutes letters of credit established according to the requirements under certain non-cancellable operating lease agreements and is included in other assets, non-current in the condensed consolidated balance sheets. As of October 31, 2022 and January 31, 2022, the Company maintained $ 1.8 million in restricted cash. Significant Accounting Policies There have been no changes to the Company’s significant accounting policies described in the fiscal 2022 Form 10-K that have had a material impact on these unaudited condensed consolidated financial statements and related notes. Recent Accounting Pronouncements Adopted In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform—Facilitation of the Effects of Reference Rate Reform on Financial Reporting (Topic 848), which provides temporary optional expedients and exceptions to the GAAP guidance on contract modifications and hedge accounting to ease the financial reporting burdens of the expected market transition from LIBOR and other interbank offered rates to alternative reference rates such as the Secured Overnight Financing Rate ("SOFR"). The adoption of this guidance did not have a material effect on the Company's results of operations, financial condition, or cash flows.

Revenue and Performance Obligat

Revenue and Performance Obligations	9 Months Ended
	Oct. 31, 2022
Disaggregation of Revenue [Abstract]
Revenue and Performance Obligations	3. Revenue and Performance Obligations Disaggregation of Revenue The following table presents revenue by category (dollars in thousands): Three Months Ended October 31, Nine Months Ended October 31, 2022 2021 2022 2021 Amount % of Total Amount % of Total Amount % of Total Amount % of Total License $ 17,823 14 % $ 9,892 12 % $ 43,505 13 % $ 31,850 14 % Support 89,500 72 64,894 78 252,965 74 175,782 79 Cloud-hosted services 12,875 10 5,357 7 32,344 10 11,699 5 Total subscription revenue 120,198 96 80,143 97 328,814 97 219,331 98 Professional services and other 5,143 4 2,078 3 11,287 3 4,915 2 Total revenue $ 125,341 100 % $ 82,221 100 % $ 340,101 100 % $ 224,246 100 % The following table summarizes the revenue by region based on the billing address of customers who have contracted to use the Company's products and services (dollars in thousands): Three Months Ended October 31, Nine Months Ended October 31, 2022 2021 2022 2021 Amount % of Total Amount % of Total Amount % of Total Amount % of Total United States $ 91,503 73 % $ 60,975 74 % $ 247,695 73 % $ 163,785 73 % Rest of the world 33,838 27 21,246 26 92,406 27 60,461 27 Total $ 125,341 100 % $ 82,221 100 % $ 340,101 100 % $ 224,246 100 % No other country, outside of the United States, exceeded 10% of total revenue during the periods presented. Contract Balances Changes in deferred revenue and unbilled accounts receivable were as follows (in thousands): Three Months Ended October 31, Nine Months Ended October 31, 2022 2021 2022 2021 Balance, beginning of period $ 226,812 $ 146,105 $ 223,289 $ 147,297 Deferred revenue billings including reclassification to deferred revenue from customer deposits 131,351 95,957 350,879 236,077 Recognition of revenue, net of change in unbilled accounts receivable* ( 123,981 ) ( 81,995 ) ( 339,986 ) ( 223,307 ) Balance, end of period $ 234,182 $ 160,067 $ 234,182 $ 160,067 * Reconciliation to revenue reported per consolidated statements of operations: Revenue billed as of the end of the period $ 123,981 $ 81,995 $ 339,986 $ 223,307 Increase in total unbilled accounts receivable 1,360 226 115 939 Revenue reported per consolidated statements of operations $ 125,341 $ 82,221 $ 340,101 $ 224,246 Unbilled accounts receivable represent revenue recognized on contracts for which billings have not yet been presented to customers because the amounts were earned but not contractually billable as of the balance sheet date. The unbilled accounts receivable balance is due within one year . As of October 31, 2022 and January 31, 2022, unbilled accounts receivable of approximately $ 3.0 million and $ 2.9 million, respectively, were included in accounts receivable on the Company’s condensed consolidated balance sheets. Remaining Performance Obligations (RPOs) The typical stated customer contract term is one year but can range up to three years . RPOs include both deferred revenue and non-cancelable contracted amounts that will be invoiced and recognized as revenue in future periods. As of October 31, 2022 and January 31, 2022, the Company had $ 531.8 million and $ 428.8 million, respectively, of remaining performance obligations, which is comprised of product and services revenue not yet delivered. As of October 31, 2022 and January 31, 2022, the Company expected to recognize approximately 61 % and 63 % , respectively, of its remaining performance obligations as revenue over the next 12 months and the remainder thereafter. RPOs exclude customer deposits, which are refundable pre-paid amounts that are expected to be recognized as revenue in future periods. These balances are included in customer deposits in the condensed consolidated balance sheets and are classified as current because contractually customers can cancel these obligations with 30 days' written notice. The customer deposit balance is amortized to revenue over the term of the underlying contract as the customer’s right to cancel expires. If no contracts with customers are cancelled, the existing customer deposit balance will be recognized to revenue over the remaining stated term of the underlying contract which may be over the next 12 months or longer as follows (in thousands): As of October 31, 2022 January 31, 2022 Within the next 12 months $ 19,102 $ 20,324 After the next 12 months 2,467 3,059 Total $ 21,569 $ 23,383

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Oct. 31, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurements	4. Fair Value Measurements The following table sets forth the financial assets, measured at fair value, by level within the fair value hierarchy on a recurring basis and indicates the fair value hierarchy of the valuation inputs used to determine such fair value (in thousands): Fair Value Measurement Level 1 Level 2 Level 3 Total Cash and cash equivalents Money market funds $ 217,559 $ - $ - $ 217,559 Total cash and cash equivalents 217,559 - - 217,559 Total assets measured at fair value $ 217,559 $ - $ - $ 217,559 Included in cash and cash equivalents $ 217,559 Fair Value Measurement Level 1 Level 2 Level 3 Total Cash and cash equivalents Money market funds $ 1,129,436 $ - $ - $ 1,129,436 Total cash and cash equivalents 1,129,436 - - 1,129,436 Total assets measured at fair value $ 1,129,436 $ - $ - $ 1,129,436 Included in cash and cash equivalents $ 1,129,436 Money market funds are cash equivalents with remaining maturities of three months or less at the date of purchase. The Company uses quoted prices in active markets for identical assets to determine the fair value of its Level 1 investments in money market funds. The unaudited condensed consolidated financial statements as of October 31, 2022 and January 31, 2022 do not include any nonrecurring fair value measurements relating to assets or liabilities. There were no transfers between fair value measurement levels during the three and nine months ended October 31, 2 0 22.

Balance Sheet Components

Balance Sheet Components	9 Months Ended
	Oct. 31, 2022
Supplemental Balance Sheet Disclosures [Abstract]
Balance Sheet Components	5. Balance Sheet Components Other Assets, Non-Current Other assets, non-current are comprised of the following (in thousands): As of October 31, 2022 January 31, 2022 Property and equipment, net $ 22,136 $ 15,897 Operating lease right-of-use assets 13,285 15,420 Other 2,505 2,643 Total other assets, non-current $ 37,926 $ 33,960 Property and Equipment, Net Property and equipment, net are included in other assets, non-current in the condensed consolidated balance sheets and are comprised of the following (in thousands): Estimated As of Useful life October 31, 2022 January 31, 2022 Furniture and fixtures 5 years $ 1,278 $ 1,266 Computers, equipment and software 3 years 534 532 Capitalized internal-use software development costs 5 years 22,080 12,209 Leasehold improvements Shorter of useful life or lease term 5,119 5,008 Construction in progress (1) 15 655 Total property and equipment 29,026 19,670 Less: accumulated depreciation and amortization ( 6,890 ) ( 3,773 ) Property and equipment, net $ 22,136 $ 15,897 (1) This represents internal-use software not yet available for general release . Total property and equipment depreciation and amortization expense for the three months ended October 31, 2022 and 2021 was $ 1.2 million and $ 0.6 million, respectively. Total property and equipment depreciation and amortization expense for the nine months ended October 31, 2022 and 2021 was $ 3.1 million and $ 1.5 million, respectively . The Company capitalized $ 3.9 million and $ 1.8 million in internal-use software development costs for the three months ended October 31, 2022 and 2021, respectively, and $ 9.2 million and $ 4.7 million for the nine months ended October 31, 2022 and 2021, respectively. Amortization expense associated with internal-use software development costs totaled $ 0.9 million and $ 0.3 million for the three months ended October 31, 2022 and 2021, respectively, and $ 2.3 million and $ 0.7 million for the nine months ended October 31, 2022 and 2021, respectively. Accrued Expenses and Other Current Liabilities Accrued expenses and other current liabilities are comprised of the following (in thousands): As of October 31, 2022 January 31, 2022 Accrued expenses $ 1,557 $ 3,925 Operating lease liabilities 3,302 3,130 Other current liabilities 2,450 617 Total accrued expenses and other current liabilities $ 7,309 $ 7,672 Accrued Compensation and Benefits Accrued compensation and benefits are comprised of the following (in thousands): As of October 31, 2022 January 31, 2022 Accrued commissions $ 12,165 $ 15,993 Accrued vacation 19,795 15,970 Accrued payroll and withholding taxes 9,928 18,885 ESPP employee contributions 8,135 2,709 Accrued bonus 2,219 2,632 Other 962 750 Total accrued compensation and benefits $ 53,204 $ 56,939 Deferred Contract Acquisition Costs The following table summarizes the activity of deferred contract acquisition costs for nine months ended October 31, 2022 and 2021 (in thousands): As of October 31, 2022 October 31, 2021 Beginning balance $ 89,331 $ 50,245 Capitalization of contract acquisition costs 53,002 39,125 Amortization of deferred contract acquisition costs ( 31,511 ) ( 16,728 ) Ending balance 110,822 72,642 Deferred contract acquisition costs, current $ 37,317 $ 23,571 Deferred contract acquisition costs, non-current 73,505 49,071 Total deferred contract acquisition costs $ 110,822 $ 72,642 There were no impairment losses recognized for deferred contract acquisition costs during the three and nine months ended October 31, 2022 and 2021. Other Liabilities, Non-Current Other liabilities, non-current are comprised of the following (in thousands): As of October 31, 2022 January 31, 2022 Operating lease liabilities, non-current $ 12,983 $ 15,483 Other 545 351 Total other liabilities, non-current $ 13,528 $ 15,834

Credit Facility

Credit Facility	9 Months Ended
	Oct. 31, 2022
Debt Disclosure [Abstract]
Credit Facility	6. Credit Facility On November 23, 2020, the Company entered into a loan and security agreement with HSBC Ventures USA Inc., (the "Loan Agreement"). This Loan Agreement provided the Company a revolving line of credit, which expires on November 23, 2023. Under the Loan Agreement, the Company was able to borrow up to $ 50.0 million. Interest on any drawdown under the revolving line of credit would accrue at the adjusted LIBOR rate plus 3.00 %. The Company would also incur a commitment fee of 0.30 % for any unused portion of the credit facility . On July 28, 2022 , the Company terminated the Loan Agreement in accordance with the terms of such agreement. As of the date of termination and January 31, 2022, the Company had no balance outstanding under the Loan Agreement.

Leases

Leases	9 Months Ended
	Oct. 31, 2022
Leases [Abstract]
Leases	7. Leases The Company leases office spaces under noncancelable operating lease agreements, which expire at various dates through 2027. The Company is required to pay property taxes, insurance, and normal maintenance costs for certain of these facilities. Operating lease cost for these leases is recognized on a straight-line basis over the lease term, with variable lease costs recognized in the period incurred. These lease agreements do not contain residual value guarantees or restrictive covenants. Lease costs Lease costs were as follows (in thousands): Three Months Ended October 31, Nine Months Ended October 31, 2022 2021 2022 2021 Short-term lease costs $ 39 $ 81 $ 184 $ 243 Operating lease costs 878 781 2,634 2,228 Total lease costs $ 917 $ 862 $ 2,818 $ 2,471 Variable lease cost was not significant for the three and nine months ended October 31, 2022 and 2021. There were no other lease components for the periods presented. Lease term and discount rate information are summarized as follows: As of October 31, 2022 Weighted average remaining lease terms (in years) 4.4 Weighted average discount rate 3.8 % Future lease payments under noncancelable operating leases on an undiscounted cash flow basis as of October 31, 2022 are as follows (in thousands): Years Ending January 31, Amount 2023 (remaining three months) $ 955 2024 3,924 2025 4,150 2026 3,734 2027 3,737 Thereafter 1,277 Total minimum lease payments 17,777 Less imputed interest ( 1,492 ) Present value of future minimum lease payments 16,285 Less current lease liabilities ( 3,302 ) Operating lease liabilities, non-current $ 12,983 Current operating lease liabilities are included in accrued expenses and other current liabilities, and non-current operating lease liabilities are included in other liabilities, non-current, in the condensed consolidated balance sheets. There were no operating right-of-use asset impairment losses in the three and nine months ended October 31, 2022 and 2021.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Oct. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	8. Commitments and Contingencies Letter of credit The Company has a total of $ 1.8 million in letters of credit outstanding as security deposits for the Company’s leased office spaces as of October 31, 2022 and January 31, 2022. Litigation From time to time, the Company may become involved in various legal proceedings in the ordinary course of its business and may be subject to third-party infringement claims. In the normal course of business, the Company may agree to indemnify third parties with whom it enters into contractual relationships, including customers, lessors, and parties to other transactions with the Company, with respect to certain matters. The Company has agreed, under certain conditions, to hold these third parties harmless against specified losses, such as those arising from a breach of representations or covenants, other third-party claims that the Company’s products when used for their intended purposes infringe the intellectual property rights of such other third parties, or other claims made against certain parties. It is not possible to determine the maximum potential amount of liability under these indemnification obligations due to the Company’s limited history of prior indemnification claims and the unique facts and circumstances that are likely to be involved in each particular claim. Although the results of litigation and claims are inherently unpredictable, the Company believes that there was not a reasonable possibility that the Company had incurred a material loss with respect to such loss contingencies as of October 31, 2022.

Common Stock and Stockholders'

Common Stock and Stockholders' Equity (Deficit)	9 Months Ended
	Oct. 31, 2022
Equity [Abstract]
Common Stock and Stockholders' Equity (Deficit)	9. Common Stock and Stockholders' Equity (Deficit) Common Stock The Company has two classes of common stock: Class A common stock and Class B common stock. The shares of Class A common stock and Class B common stock are identical, except with respect to voting, converting, and transfer rights. Each share of Class A common stock is entitled to one vote. Each share of Class B common stock is entitled to ten votes. Each outstanding share of Class B common stock is convertible at any time at the option of the holder into one share of Class A common stock. Upon exercise, release, or transfer to a broker, equity plan administrator or other nominee, holders of shares of Class B common stock can convert Class B common stock to Class A common stock. Once converted or transferred and converted into Class A common stock, the Class B common stock may not be reissued. For the nine months ended October 31, 2022, a total of 41,176,043 shares of Class B common stock have been converted into Class A common stock. All the outstanding shares of our Class B common stock will convert automatically into shares of Class A common stock upon the earlier of the tenth anniversary of the Company's filing and effectiveness of the amended and restated certificate of incorporation in connection with the IPO or the affirmative vote of the holders of 66-2/3% of the voting power of outstanding Class B common stock. Following such conversion, each share of Class A common stock will have one vote per share and the rights of the holders of all outstanding common stock will be identical. Common Stock Reserved for Future Issuance The Company reserved shares of common stock for future issuance as follows (in thousands): As of October 31, 2022 January 31, 2022 Options outstanding 10,078 12,381 Restricted stock units outstanding 12,155 10,406 Remaining shares available for future issuance under the 2021 Equity Incentive Plan 21,900 17,561 2021 Employee Stock Purchase Plan 3,370 1,900 Total 47,503 42,248 A total of 21,900,058 shares of the Company’s Class A common stock shares are available for issuance under the 2021 Equity Incentive Plan ("2021 Plan") as of October 31, 2022. Stock Options The following table summarizes stock option activity for the 2021 Plan (shares and aggregate intrinsic value in thousands): Options Outstanding Number of Options Outstanding Weighted- Average Exercise Price Weighted- Average Remaining Contractual Term (in Years) Aggregate Intrinsic Value Balance as of January 31, 2022 12,381 $ 1.93 5.7 $ 798,374 Stock options exercised ( 2,116 ) $ 1.47 $ 74,101 Stock options cancelled/forfeited/expired ( 187 ) $ 3.56 Balance as of October 31, 2022 10,078 $ 2.00 5.0 $ 289,668 Exercisable as of October 31, 2022 9,557 $ 1.70 4.9 $ 277,511 No options were granted during the three and nine months ended October 31, 2022. Exercisable shares consist of 9,557,057 shares that are vested as of October 31, 2022. All shares with an early exercise provision have fully vested as of October 31, 2022. The total grant-date fair value of stock options vested was $ 3.8 million and $ 4.9 million during the nine months ended October 31, 2022 and 2021, respectively. The total intrinsic value of options exercised during the nine months ended October 31, 2022 and 2021 were $ 74.1 million and $ 61.4 million, respectively. Restricted Stock Units The Company’s summary of restricted stock units ("RSUs") activity under the 2014 Stock Plan ("2014 Plan") and the 2021 Plan is as follows (shares in thousands): Number of Awards Weighted-Average Grant Date Fair Value Outstanding and unvested at January 31, 2022 10,406 $ 37.46 RSUs granted 6,264 $ 43.99 RSUs released ( 3,219 ) $ 32.65 RSUs cancelled ( 1,296 ) $ 36.42 Outstanding and unvested at October 31, 2022 12,155 $ 42.21 The total grant-date fair value of RSUs vested was $ 105.1 million during the nine months ended October 31, 2022. There were no RSUs released during the nine months ended October 31, 2021 as the Company was private and the performance condition for these RSUs was not met during the nine months ended October 31, 2021. Employee Stock Purchase Plan In December 2021, the Company adopted the 2021 Employee Stock Purchase Plan (“ESPP”), which became effective up on completion of the Company's IPO. A total of 3,370,329 shares of Class A common stock are available for sale under the ESPP. For the nine months ended October 31, 2022, the Company recognized $ 9.1 million of stock-based compensation expense related to the ESPP. As of October 31, 2022, unrecognized stock-based compensation expense related to the ESPP was approximately $ 18.3 million, which is expected to be recognized over a weighted-average period of approximately 1.6 years. The Company’s current offering period began June 16, 2022 and is expected to end June 15, 2024. During the nine months ended October 31, 2022, employees purchased 351,284 shares of our common stock under the ESPP at a purchase price of $ 24.20 per share, resulting in total cash proceeds of $ 8.5 million. ESPP employee payroll contributions accrued as of October 31, 2022 and January 31, 2022 were $ 8.1 million and $ 2.7 million, respectively, and are reported within accrued compensation and benefits in the condensed consolidated balance sheets. Payroll contributions accrued as of October 31, 2022 will be used to purchase shares at the end of the current purchase period ending on December 15, 2022. Payroll contributions ultimately used to purchase shares will be reclassified as stockholders’ equity on the purchase date. The ESPP offers a two-year look-back feature as well as a rollover feature that provides for an offering period to be rolled over to a new lower-priced offering if the offering price of the new offering period is less than that of the current offering period. An ESPP rollover occurred when the Company’s closing stock price on June 15, 2022 was below the closing stock price on December 8, 2021 , triggering a new 24-month offering period through June 15, 2024 . This rollover was accounted for as a modification to the original offering and resulted in incremental compensation cost of $ 4.9 million. The unrecognized compensation cost from the original offering plus the incremental compensation cost as a result of the modification is recognized over the requisite service period of the new 24-month offering through June 15, 2024. Stock-Based Compensation Expense Total stock-based compensation expense recognized in the Company’s condensed consolidated statements of operations is as follows (in thousands): Three Months Ended October 31, Nine Months Ended October 31, 2022 2021 2022 2021 Cost of support $ 2,152 $ 193 $ 6,332 $ 378 Cost of cloud-hosted services 792 1 2,118 6 Cost of professional services and other 722 12 2,102 36 Sales and marketing 15,398 525 44,212 1,748 Research and development 14,988 436 40,233 1,272 General and administrative 12,658 375 40,375 1,326 Stock-based compensation expense, net of amounts capitalized $ 46,710 $ 1,542 $ 135,372 $ 4,766 Capitalized stock-based compensation 1,254 - 3,042 - Total stock-based compensation expense $ 47,964 $ 1,542 $ 138,414 $ 4,766 As of October 31, 2022, total unrecognized stock-based compensation expense related to unvested stock options and RSUs was approximately $ 2.1 million and $ 389.1 million, respectively. This unrecognized stock-based compensation expense is expected to be recognized over a weighted-average period of approximately 1.3 and 2.9 years, respectively.

Net Loss Per Share Attributable

Net Loss Per Share Attributable to Common Stockholders	9 Months Ended
	Oct. 31, 2022
Earnings Per Share [Abstract]
Net Loss Per Share Attributable to Common Stockholders	10. Net Loss Per Share Attributable to Common Stockholders For periods in which there were shares of Class A and Class B common stock outstanding, the rights, including the liquidation and dividend rights, of the holders of Class A and Class B common stock were identical, except with respect to voting, converting, and transfer rights. Our Class B common stock has ten votes per share, and our Class A common stock has one vote per share. As the liquidation and dividend rights were identical for Class A and Class B common stock, the undistributed earnings would be allocated on a proportionate basis and the resulting net loss per share would, therefore, be the same for Class A and Class B common stock on an individual or combined basis. The following table sets forth the computation of basic and diluted net loss per share attributable to common stockholders (in thousands, except per share data): Three Months Ended October 31, Nine Months Ended October 31, 2022 2021 2022 2021 Numerator: Net loss $ ( 71,958 ) $ ( 21,951 ) $ ( 224,939 ) $ ( 62,438 ) Denominator: Weighted-average shares used to compute net loss per share attributable to Class A and Class B common stockholders, basic and diluted 187,080 66,782 185,124 66,313 Net loss per share attributable to Class A and Class B common stockholders, basic and diluted $ ( 0.38 ) $ ( 0.33 ) $ ( 1.22 ) $ ( 0.94 ) The following outstanding potentially dilutive shares of common stock were excluded from the computation of diluted net loss per share attributable to common stockholders for the periods presented because the impact of including them would have been antidilutive (in thousands): Three Months Ended October 31, Nine Months Ended October 31, 2022 2021 2022 2021 Redeemable convertible preferred stock - 94,128 - 94,128 Outstanding stock options and restricted stock units 22,233 26,666 22,233 26,666 Share purchase rights under the ESPP 1,491 - 1,239 - Class A and Class B common stock subject to repurchase - 7 - 7 Total 23,724 120,801 23,472 120,801

Income Taxes

Income Taxes	9 Months Ended
	Oct. 31, 2022
Income Tax Disclosure [Abstract]
Income Taxes	11. Income Taxes The Company determined its income tax provision for interim periods using an estimate of our annual effective tax rate adjusted for discrete items occurring during the periods presented. The primary difference between our effective tax rate and the federal statutory rate is unrealized federal and state tax benefits due to the full valuation allowance we have established in these jurisdictions. The provision for income taxes recorded in the nine months ended October 31, 2022 and 2021 consists primarily of income taxes in foreign jurisdictions in which the Company conducts business. The Company is subject to income tax in the United States and various foreign countries. Due to the history of net operating losses, the Company is subject to United States federal, state, and local examinations by tax authorities for all years since incorporation.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Oct. 31, 2022
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in conformity with generally accepted accounting principles in the United States of America ("U.S. GAAP" or "GAAP") and include the accounts of the Company and its wholly owned subsidiaries. Certain information and note disclosures normally included in the financial statements prepared in accordance with U.S. GAAP have been condensed or omitted pursuant to the applicable rules and regulations of the Securities and Exchange Commission (the "SEC"). The condensed balance sheet data as of January 31, 2022 was derived from the Company’s audited financial statements included in its Annual Report on Form 10-K for the fiscal year ended January 31, 2022 (the “2022 Form 10-K”), but does not include all disclosures required by U.S. GAAP. Therefore, these interim unaudited condensed consolidated financial statements and accompanying footnotes should be read in conjunction with the Company’s annual consolidated financial statements and related footnotes included in its Annual Report on Form 10-K for the fiscal year ended January 31, 2022 (the “fiscal 2022 Form 10-K”). The accompanying unaudited condensed consolidated financial statements reflect all adjustments, consisting only of normal recurring adjustments, that are, in the opinion of management, necessary for the fair presentation of the Company’s financial position, results of operations, cash flows, and stockholders’ equity for the interim periods presented. The results of operations for the three and nine months ended October 31, 2022 shown in this report are not necessarily indicative of the results to be expected for the full year ending January 31, 2023 or any other period.
Principles of Consolidation	Principles of Consolidation The unaudited condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation.
Use of Estimates	Use of Estimates The preparation of condensed consolidated financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of income and expense during the reporting period. Such management estimates include the determination of standalone selling prices of the Company’s performance obligations, the estimated period of benefit of deferred contract acquisition costs, the fair value of share-based awards, software development costs, discount rates used for operating leases, and accounting for income taxes, including the valuation allowance on deferred tax assets and uncertain tax positions. These estimates are based on information available as of the date of the condensed consolidated financial statements; therefore, actual results could differ from those estimates.
Comprehensive Loss	Comprehensive Loss Comprehensive loss consists of other comprehensive loss and net loss. Other comprehensive loss refers to revenue, expenses, gains, and losses that are recorded as an element of stockholders’ deficit but are excluded from net loss. The Company did not have any other comprehensive loss transactions during the period presented. Accordingly, comprehensive loss is equal to net loss.
Restricted Cash	Restricted Cash Restricted cash constitutes letters of credit established according to the requirements under certain non-cancellable operating lease agreements and is included in other assets, non-current in the condensed consolidated balance sheets. As of October 31, 2022 and January 31, 2022, the Company maintained $ 1.8 million in restricted cash.
Significant Accounting Policies	Significant Accounting Policies There have been no changes to the Company’s significant accounting policies described in the fiscal 2022 Form 10-K that have had a material impact on these unaudited condensed consolidated financial statements and related notes.
Recent Accounting Pronouncements Adopted	Recent Accounting Pronouncements Adopted In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform—Facilitation of the Effects of Reference Rate Reform on Financial Reporting (Topic 848), which provides temporary optional expedients and exceptions to the GAAP guidance on contract modifications and hedge accounting to ease the financial reporting burdens of the expected market transition from LIBOR and other interbank offered rates to alternative reference rates such as the Secured Overnight Financing Rate ("SOFR"). The adoption of this guidance did not have a material effect on the Company's results of operations, financial condition, or cash flows.

Revenue and Performance Oblig_2

Revenue and Performance Obligations (Tables)	9 Months Ended
	Oct. 31, 2022
Disaggregation of Revenue [Abstract]
Summary of Revenue Disaggregated by Category	The following table presents revenue by category (dollars in thousands): Three Months Ended October 31, Nine Months Ended October 31, 2022 2021 2022 2021 Amount % of Total Amount % of Total Amount % of Total Amount % of Total License $ 17,823 14 % $ 9,892 12 % $ 43,505 13 % $ 31,850 14 % Support 89,500 72 64,894 78 252,965 74 175,782 79 Cloud-hosted services 12,875 10 5,357 7 32,344 10 11,699 5 Total subscription revenue 120,198 96 80,143 97 328,814 97 219,331 98 Professional services and other 5,143 4 2,078 3 11,287 3 4,915 2 Total revenue $ 125,341 100 % $ 82,221 100 % $ 340,101 100 % $ 224,246 100 %
Summary of Revenue By Region Based On The Billing Address of Customers	The following table summarizes the revenue by region based on the billing address of customers who have contracted to use the Company's products and services (dollars in thousands): Three Months Ended October 31, Nine Months Ended October 31, 2022 2021 2022 2021 Amount % of Total Amount % of Total Amount % of Total Amount % of Total United States $ 91,503 73 % $ 60,975 74 % $ 247,695 73 % $ 163,785 73 % Rest of the world 33,838 27 21,246 26 92,406 27 60,461 27 Total $ 125,341 100 % $ 82,221 100 % $ 340,101 100 % $ 224,246 100 %
Summary of Changes in Deferred Revenue and Unbilled Accounts Receivable	Changes in deferred revenue and unbilled accounts receivable were as follows (in thousands): Three Months Ended October 31, Nine Months Ended October 31, 2022 2021 2022 2021 Balance, beginning of period $ 226,812 $ 146,105 $ 223,289 $ 147,297 Deferred revenue billings including reclassification to deferred revenue from customer deposits 131,351 95,957 350,879 236,077 Recognition of revenue, net of change in unbilled accounts receivable* ( 123,981 ) ( 81,995 ) ( 339,986 ) ( 223,307 ) Balance, end of period $ 234,182 $ 160,067 $ 234,182 $ 160,067 * Reconciliation to revenue reported per consolidated statements of operations: Revenue billed as of the end of the period $ 123,981 $ 81,995 $ 339,986 $ 223,307 Increase in total unbilled accounts receivable 1,360 226 115 939 Revenue reported per consolidated statements of operations $ 125,341 $ 82,221 $ 340,101 $ 224,246
Summary of Revenue Recognized Related to Customer Deposit Balance	As of October 31, 2022 January 31, 2022 Within the next 12 months $ 19,102 $ 20,324 After the next 12 months 2,467 3,059 Total $ 21,569 $ 23,383

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Oct. 31, 2022
Fair Value Disclosures [Abstract]
Schedule of Financial Assets Measured at Fair Value on a Recurring Basis	The following table sets forth the financial assets, measured at fair value, by level within the fair value hierarchy on a recurring basis and indicates the fair value hierarchy of the valuation inputs used to determine such fair value (in thousands): Fair Value Measurement Level 1 Level 2 Level 3 Total Cash and cash equivalents Money market funds $ 217,559 $ - $ - $ 217,559 Total cash and cash equivalents 217,559 - - 217,559 Total assets measured at fair value $ 217,559 $ - $ - $ 217,559 Included in cash and cash equivalents $ 217,559 Fair Value Measurement Level 1 Level 2 Level 3 Total Cash and cash equivalents Money market funds $ 1,129,436 $ - $ - $ 1,129,436 Total cash and cash equivalents 1,129,436 - - 1,129,436 Total assets measured at fair value $ 1,129,436 $ - $ - $ 1,129,436 Included in cash and cash equivalents $ 1,129,436

Balance Sheet Components (Table

Balance Sheet Components (Tables)	9 Months Ended
	Oct. 31, 2022
Supplemental Balance Sheet Disclosures [Abstract]
Summary of Other Assets Non-current	Other assets, non-current are comprised of the following (in thousands): As of October 31, 2022 January 31, 2022 Property and equipment, net $ 22,136 $ 15,897 Operating lease right-of-use assets 13,285 15,420 Other 2,505 2,643 Total other assets, non-current $ 37,926 $ 33,960
Summary of Property and Equipment, Net	Property and equipment, net are included in other assets, non-current in the condensed consolidated balance sheets and are comprised of the following (in thousands): Estimated As of Useful life October 31, 2022 January 31, 2022 Furniture and fixtures 5 years $ 1,278 $ 1,266 Computers, equipment and software 3 years 534 532 Capitalized internal-use software development costs 5 years 22,080 12,209 Leasehold improvements Shorter of useful life or lease term 5,119 5,008 Construction in progress (1) 15 655 Total property and equipment 29,026 19,670 Less: accumulated depreciation and amortization ( 6,890 ) ( 3,773 ) Property and equipment, net $ 22,136 $ 15,897 (1) This represents internal-use software not yet available for general release .
Summary of Accrued Expenses and Other Current Liabilities	Accrued expenses and other current liabilities are comprised of the following (in thousands): As of October 31, 2022 January 31, 2022 Accrued expenses $ 1,557 $ 3,925 Operating lease liabilities 3,302 3,130 Other current liabilities 2,450 617 Total accrued expenses and other current liabilities $ 7,309 $ 7,672
Summary of Accrued Compensation and Benefits	Accrued compensation and benefits are comprised of the following (in thousands): As of October 31, 2022 January 31, 2022 Accrued commissions $ 12,165 $ 15,993 Accrued vacation 19,795 15,970 Accrued payroll and withholding taxes 9,928 18,885 ESPP employee contributions 8,135 2,709 Accrued bonus 2,219 2,632 Other 962 750 Total accrued compensation and benefits $ 53,204 $ 56,939
Summary of Activity of Deferred Contract Acquisition Costs	The following table summarizes the activity of deferred contract acquisition costs for nine months ended October 31, 2022 and 2021 (in thousands): As of October 31, 2022 October 31, 2021 Beginning balance $ 89,331 $ 50,245 Capitalization of contract acquisition costs 53,002 39,125 Amortization of deferred contract acquisition costs ( 31,511 ) ( 16,728 ) Ending balance 110,822 72,642 Deferred contract acquisition costs, current $ 37,317 $ 23,571 Deferred contract acquisition costs, non-current 73,505 49,071 Total deferred contract acquisition costs $ 110,822 $ 72,642
Schedule of Other Liabilities, Non-current	Other liabilities, non-current are comprised of the following (in thousands): As of October 31, 2022 January 31, 2022 Operating lease liabilities, non-current $ 12,983 $ 15,483 Other 545 351 Total other liabilities, non-current $ 13,528 $ 15,834

Leases (Tables)

Leases (Tables)	9 Months Ended
	Oct. 31, 2022
Leases [Abstract]
Schedule of Lease Costs	Lease costs were as follows (in thousands): Three Months Ended October 31, Nine Months Ended October 31, 2022 2021 2022 2021 Short-term lease costs $ 39 $ 81 $ 184 $ 243 Operating lease costs 878 781 2,634 2,228 Total lease costs $ 917 $ 862 $ 2,818 $ 2,471
Summary of Lease Term and Discount Rate	Lease term and discount rate information are summarized as follows: As of October 31, 2022 Weighted average remaining lease terms (in years) 4.4 Weighted average discount rate 3.8 %
Schedule of Future Lease Payments	Future lease payments under noncancelable operating leases on an undiscounted cash flow basis as of October 31, 2022 are as follows (in thousands): Years Ending January 31, Amount 2023 (remaining three months) $ 955 2024 3,924 2025 4,150 2026 3,734 2027 3,737 Thereafter 1,277 Total minimum lease payments 17,777 Less imputed interest ( 1,492 ) Present value of future minimum lease payments 16,285 Less current lease liabilities ( 3,302 ) Operating lease liabilities, non-current $ 12,983

Common Stock and Stockholders_2

Common Stock and Stockholders' Equity (Deficit) (Tables)	9 Months Ended
	Oct. 31, 2022
Class of Stock [Line Items]
Schedule of Reserved Shares of Common Stock for Future Issuance	The Company reserved shares of common stock for future issuance as follows (in thousands): As of October 31, 2022 January 31, 2022 Options outstanding 10,078 12,381 Restricted stock units outstanding 12,155 10,406 Remaining shares available for future issuance under the 2021 Equity Incentive Plan 21,900 17,561 2021 Employee Stock Purchase Plan 3,370 1,900 Total 47,503 42,248
Schedule of Stock Option Activity	The following table summarizes stock option activity for the 2021 Plan (shares and aggregate intrinsic value in thousands): Options Outstanding Number of Options Outstanding Weighted- Average Exercise Price Weighted- Average Remaining Contractual Term (in Years) Aggregate Intrinsic Value Balance as of January 31, 2022 12,381 $ 1.93 5.7 $ 798,374 Stock options exercised ( 2,116 ) $ 1.47 $ 74,101 Stock options cancelled/forfeited/expired ( 187 ) $ 3.56 Balance as of October 31, 2022 10,078 $ 2.00 5.0 $ 289,668 Exercisable as of October 31, 2022 9,557 $ 1.70 4.9 $ 277,511
Schedule of Restricted Stock Units (RSUs") Activity	The Company’s summary of restricted stock units ("RSUs") activity under the 2014 Stock Plan ("2014 Plan") and the 2021 Plan is as follows (shares in thousands): Number of Awards Weighted-Average Grant Date Fair Value Outstanding and unvested at January 31, 2022 10,406 $ 37.46 RSUs granted 6,264 $ 43.99 RSUs released ( 3,219 ) $ 32.65 RSUs cancelled ( 1,296 ) $ 36.42 Outstanding and unvested at October 31, 2022 12,155 $ 42.21
Summary of Stock-Based Compensation Expense	Total stock-based compensation expense recognized in the Company’s condensed consolidated statements of operations is as follows (in thousands): Three Months Ended October 31, Nine Months Ended October 31, 2022 2021 2022 2021 Cost of support $ 2,152 $ 193 $ 6,332 $ 378 Cost of cloud-hosted services 792 1 2,118 6 Cost of professional services and other 722 12 2,102 36 Sales and marketing 15,398 525 44,212 1,748 Research and development 14,988 436 40,233 1,272 General and administrative 12,658 375 40,375 1,326 Stock-based compensation expense, net of amounts capitalized $ 46,710 $ 1,542 $ 135,372 $ 4,766 Capitalized stock-based compensation 1,254 - 3,042 - Total stock-based compensation expense $ 47,964 $ 1,542 $ 138,414 $ 4,766

Net Loss Per Share Attributab_2

Net Loss Per Share Attributable to Common Stockholders (Tables)	9 Months Ended
	Oct. 31, 2022
Earnings Per Share [Abstract]
Summary of Computation of Basic and Diluted Net Loss Per Share Attributable to Common Stockholders	The following table sets forth the computation of basic and diluted net loss per share attributable to common stockholders (in thousands, except per share data): Three Months Ended October 31, Nine Months Ended October 31, 2022 2021 2022 2021 Numerator: Net loss $ ( 71,958 ) $ ( 21,951 ) $ ( 224,939 ) $ ( 62,438 ) Denominator: Weighted-average shares used to compute net loss per share attributable to Class A and Class B common stockholders, basic and diluted 187,080 66,782 185,124 66,313 Net loss per share attributable to Class A and Class B common stockholders, basic and diluted $ ( 0.38 ) $ ( 0.33 ) $ ( 1.22 ) $ ( 0.94 )
Schedule of Antidilutive Securities Excluded from Computation of Diluted Net Loss Per Share	The following outstanding potentially dilutive shares of common stock were excluded from the computation of diluted net loss per share attributable to common stockholders for the periods presented because the impact of including them would have been antidilutive (in thousands): Three Months Ended October 31, Nine Months Ended October 31, 2022 2021 2022 2021 Redeemable convertible preferred stock - 94,128 - 94,128 Outstanding stock options and restricted stock units 22,233 26,666 22,233 26,666 Share purchase rights under the ESPP 1,491 - 1,239 - Class A and Class B common stock subject to repurchase - 7 - 7 Total 23,724 120,801 23,472 120,801

Summary of Significant Accoun_3

Summary of Significant Accounting Policies - Additional Information (Details) - USD ($) $ in Millions	Oct. 31, 2022	Jan. 31, 2022
Summary Of Significant Accounting Policies [Line Items]
Restricted cash	$ 1.8	$ 1.8

Revenue and Performance Oblig_3

Revenue and Performance Obligations - Summary of Revenue Disaggregated by Category (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2022	Oct. 31, 2021	Oct. 31, 2022	Oct. 31, 2021
Disaggregation Of Revenue [Line Items]
Revenue Reported per Consolidated Statements of Operations	$ 125,341	$ 82,221	$ 340,101	$ 224,246
Revenue | Product
Disaggregation Of Revenue [Line Items]
Percentage of Total Revenue	100%	100%	100%	100%
Total Subscription Revenue
Disaggregation Of Revenue [Line Items]
Revenue Reported per Consolidated Statements of Operations	$ 120,198	$ 80,143	$ 328,814	$ 219,331
Total Subscription Revenue | Revenue | Product
Disaggregation Of Revenue [Line Items]
Percentage of Total Revenue	96%	97%	97%	98%
Total Subscription Revenue | License
Disaggregation Of Revenue [Line Items]
Revenue Reported per Consolidated Statements of Operations	$ 17,823	$ 9,892	$ 43,505	$ 31,850
Total Subscription Revenue | License | Revenue | Product
Disaggregation Of Revenue [Line Items]
Percentage of Total Revenue	14%	12%	13%	14%
Total Subscription Revenue | Support
Disaggregation Of Revenue [Line Items]
Revenue Reported per Consolidated Statements of Operations	$ 89,500	$ 64,894	$ 252,965	$ 175,782
Total Subscription Revenue | Support | Revenue | Product
Disaggregation Of Revenue [Line Items]
Percentage of Total Revenue	72%	78%	74%	79%
Total Subscription Revenue | Cloud Hosted Services
Disaggregation Of Revenue [Line Items]
Revenue Reported per Consolidated Statements of Operations	$ 12,875	$ 5,357	$ 32,344	$ 11,699
Total Subscription Revenue | Cloud Hosted Services | Revenue | Product
Disaggregation Of Revenue [Line Items]
Percentage of Total Revenue	10%	7%	10%	5%
Professional Services and Other
Disaggregation Of Revenue [Line Items]
Revenue Reported per Consolidated Statements of Operations	$ 5,143	$ 2,078	$ 11,287	$ 4,915
Professional Services and Other | Revenue | Product
Disaggregation Of Revenue [Line Items]
Percentage of Total Revenue	4%	3%	3%	2%

Revenue and Performance Oblig_4

Revenue and Performance Obligations - Summary of Revenue By Region Based On The Billing Address of Customers (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2022	Oct. 31, 2021	Oct. 31, 2022	Oct. 31, 2021
Revenues From External Customers And Long Lived Assets [Line Items]
Total Revenue	$ 125,341	$ 82,221	$ 340,101	$ 224,246
Revenue | Region
Revenues From External Customers And Long Lived Assets [Line Items]
Percentage of Total Revenue	100%	100%	100%	100%
US [Member]
Revenues From External Customers And Long Lived Assets [Line Items]
Total Revenue	$ 91,503	$ 60,975	$ 247,695	$ 163,785
US [Member] | Revenue | Region
Revenues From External Customers And Long Lived Assets [Line Items]
Percentage of Total Revenue	73%	74%	73%	73%
Rest of the world [Member]
Revenues From External Customers And Long Lived Assets [Line Items]
Total Revenue	$ 33,838	$ 21,246	$ 92,406	$ 60,461
Rest of the world [Member] | Revenue | Region
Revenues From External Customers And Long Lived Assets [Line Items]
Percentage of Total Revenue	27%	26%	27%	27%

Revenue and Performance Oblig_5

Revenue and Performance Obligations - Changes in Deferred Revenue and Unbilled Accounts Receivable (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2022	Oct. 31, 2021	Oct. 31, 2022	Oct. 31, 2021
Change in Contract with Customer, Asset and Liability [Abstract]
Balance, beginning of period	$ 226,812	$ 146,105	$ 223,289	$ 147,297
Deferred revenue billings including reclassification to deferred revenue from customer deposits	131,351	95,957	350,879	236,077
Recognition of revenue, net of change in unbilled accounts receivable	(123,981)	(81,995)	(339,986)	(223,307)
Balance, end of period	234,182	160,067	234,182	160,067
Revenue billed as of the end of the period	123,981	81,995	339,986	223,307
Increase (decrease) in total unbilled accounts receivable	1,360	226	115	939
Revenue reported per consolidated statements of operations	$ 125,341	$ 82,221	$ 340,101	$ 224,246

Revenue and Performance Oblig_6

Revenue and Performance Obligations - Contract Balances - Additional Information (Details) - USD ($) $ in Millions	9 Months Ended
	Oct. 31, 2022	Jan. 31, 2022
Disaggregation of Revenue [Abstract]
Unbilled accounts receivable	$ 3	$ 2.9
Unbilled accounts receivable balance in due	1 year

Revenue and Performance Oblig_7

Revenue and Performance Obligations - Additional information (Details)	9 Months Ended
	Oct. 31, 2022
Minimum
Disaggregation Of Revenue [Line Items]
Revenue, performance obligation, contract term	1 year
Maximum
Disaggregation Of Revenue [Line Items]
Revenue, performance obligation, contract term	3 years

Revenue and Performance Oblig_8

Revenue and Performance Obligations - Additional information (Details1) - USD ($) $ in Millions	Oct. 31, 2022	Jan. 31, 2022
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-02-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation, Amount		$ 428.8
Revenue, Remaining Performance Obligation, Percentage		63%
Revenue remaining performance obligation, expected timing of satisfaction, period		12 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-11-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation, Amount	$ 531.8
Revenue, Remaining Performance Obligation, Percentage	61%
Revenue remaining performance obligation, expected timing of satisfaction, period	12 months

Revenue and Performance Oblig_9

Revenue and Performance Obligations - Summary of Revenue Recognized Related to Customer Deposit Balance (Details) - USD ($) $ in Thousands	Oct. 31, 2022	Jan. 31, 2022
Disaggregation of Revenue [Abstract]
Within the next 12 months	$ 19,102	$ 20,324
After the next 12 months	2,467	3,059
Total	$ 21,569	$ 23,383

Fair Value Measurements - Sched

Fair Value Measurements - Schedule of Financial Assets Measured at Fair Value on a Recurring Basis (Details) - Fair Value, Recurring - USD ($) $ in Thousands	Oct. 31, 2022	Jan. 31, 2022
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total cash and cash equivalents	$ 217,559	$ 1,129,436
Total assets measured at fair value	217,559	1,129,436
Included in cash and cash equivalents	217,559	1,129,436
Money Market Funds [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total cash and cash equivalents	217,559	1,129,436
Level 1 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total cash and cash equivalents	217,559	1,129,436
Total assets measured at fair value	217,559	1,129,436
Level 1 [Member] | Money Market Funds [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total cash and cash equivalents	217,559	1,129,436
Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total cash and cash equivalents	0	0
Total assets measured at fair value	0	0
Level 2 [Member] | Money Market Funds [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total cash and cash equivalents	0	0
Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total cash and cash equivalents	0	0
Total assets measured at fair value	0	0
Level 3 [Member] | Money Market Funds [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total cash and cash equivalents	$ 0	$ 0

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Details)	3 Months Ended	9 Months Ended
	Oct. 31, 2022 USD ($)	Oct. 31, 2022 USD ($)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair value measurement, transfers level 1 to level 2	$ 0	$ 0
Fair value measurement, transfers level 2 to level 1	0	0
Fair value measurement, transfers to level 3	$ 0	$ 0

Balance Sheet Components - Summ

Balance Sheet Components - Summary of Other Assets Non-current (Details) - USD ($) $ in Thousands	Oct. 31, 2022	Jan. 31, 2022
Other Assets, Noncurrent [Abstract]
Property and equipment, net	$ 22,136	$ 15,897
Operating lease right-of-use assets	13,285	15,420
Other	2,505	2,643
Total other assets, non-current	$ 37,926	$ 33,960

Balance Sheet Components - Su_2

Balance Sheet Components - Summary of Property and Equipment Net (Details) - USD ($) $ in Thousands		9 Months Ended
		Oct. 31, 2022	Jan. 31, 2022
Property Plant And Equipment [Line Items]
Total property and equipment		$ 29,026	$ 19,670
Less: accumulated depreciation and amortization		(6,890)	(3,773)
Property and equipment, net		22,136	15,897
Furniture and Fixtures
Property Plant And Equipment [Line Items]
Total property and equipment		$ 1,278	1,266
Estimated Useful life		5 years
Computers Equipment and Software
Property Plant And Equipment [Line Items]
Total property and equipment		$ 534	532
Estimated Useful life		3 years
Capitalized Internal-use Software Development Costs
Property Plant And Equipment [Line Items]
Total property and equipment		$ 22,080	12,209
Estimated Useful life		5 years
Leasehold Improvements
Property Plant And Equipment [Line Items]
Total property and equipment		$ 5,119	5,008
Estimated Useful life		Shorter of useful life or lease term
Construction in Progress
Property Plant And Equipment [Line Items]
Total property and equipment	[1]	$ 15	$ 655
[1] This represents internal-use software not yet available for general release

Balance Sheet Components - Addi

Balance Sheet Components - Additional Information (Details) - USD ($)	3 Months Ended		9 Months Ended
	Oct. 31, 2022	Oct. 31, 2021	Oct. 31, 2022	Oct. 31, 2021
Property, Plant and Equipment [Line Items]
Depreciation and amortization expense	$ 1,200,000	$ 600,000	$ 3,100,000	$ 1,500,000
Software capitalized costs	3,900,000	1,800,000	9,200,000	4,700,000
Amortization of capitalized costs	900,000	300,000	2,300,000	700,000
Impairment losses for deferred contract acquisition costs	$ 0	$ 0	$ 0	$ 0

Balance Sheet Components - Su_3

Balance Sheet Components - Summary of Accrued Expenses and Other Current Liabilities (Details) - USD ($) $ in Thousands	Oct. 31, 2022	Jan. 31, 2022
Payables and Accruals [Abstract]
Accrued expenses	$ 1,557	$ 3,925
Operating lease liabilities	3,302	3,130
Other current liabilities	2,450	617
Total accrued expenses and other current liabilities	$ 7,309	$ 7,672

Balance Sheet Components - Accr

Balance Sheet Components - Accrued Compensation and Benefits (Details) - USD ($) $ in Thousands	Oct. 31, 2022	Jan. 31, 2022
Compensation And Benefits [Abstract]
Accrued commissions	$ 12,165	$ 15,993
Accrued vacation	19,795	15,970
Accrued payroll and withholding taxes	9,928	18,885
ESPP Employee Contributions	8,135	2,709
Accrued bonus	2,219	2,632
Other	962	750
Total accrued compensation and benefits	$ 53,204	$ 56,939

Balance Sheet Components - Su_4

Balance Sheet Components - Summary of Activity of Deferred Contract Acquisition Costs (Details) - USD ($) $ in Thousands	9 Months Ended
	Oct. 31, 2022	Oct. 31, 2021
Capitalized Contract Cost [Abstract]
Beginning balance	$ 89,331	$ 50,245
Capitalization of contract acquisition costs	53,002	39,125
Amortization of deferred contract acquisition costs	(31,511)	(16,728)
Ending balance	110,822	72,642
Deferred contract acquisition costs, current	37,317	23,571
Deferred contract acquisition costs, non-current	73,505	49,071
Total deferred contract acquisition costs	$ 110,822	$ 72,642

Balance Sheet Components - Sche

Balance Sheet Components - Schedule of Other Liabilities, Non-current (Details) - USD ($) $ in Thousands	Oct. 31, 2022	Jan. 31, 2022
Supplemental Balance Sheet Disclosures [Abstract]
Operating lease liabilities, non-current	$ 12,983	$ 15,483
Other	545	351
Total other liabilities, non-current	$ 13,528	$ 15,834

Credit Facility - Additional In

Credit Facility - Additional Information (Details) - USD ($)		9 Months Ended
	Nov. 23, 2020	Oct. 31, 2022	Jul. 28, 2022	Jan. 31, 2022
LIBOR Rate Plus [Member]
Line Of Credit Facility [Line Items]
Interest rate	3%
Revolving Credit Facility [Member]
Line Of Credit Facility [Line Items]
Maximum borrowing capacity	$ 50,000,000
Commitment fee percentage	0.30%
Outstanding line of credit			$ 0	$ 0
Termination date		Jul. 28, 2022

Leases - Additional Information

Leases - Additional Information (Details) - USD ($)	3 Months Ended		9 Months Ended
	Oct. 31, 2022	Oct. 31, 2021	Oct. 31, 2022	Oct. 31, 2021
Leases [Abstract]
Operating right-of-use asset impairment losses	$ 0	$ 0	$ 0	$ 0

Leases - Schedule of Lease Cost

Leases - Schedule of Lease Costs (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2022	Oct. 31, 2021	Oct. 31, 2022	Oct. 31, 2021
Leases [Abstract]
Short-term operating lease costs	$ 39	$ 81	$ 184	$ 243
Operating lease costs	878	781	2,634	2,228
Total lease costs	$ 917	$ 862	$ 2,818	$ 2,471

Leases - Summary of Lease Term

Leases - Summary of Lease Term and Discount Rate (Details)	Oct. 31, 2022
Leases [Abstract]
Weighted average remaining lease terms (in years)	4 years 4 months 24 days
Weighted average discount rate	3.80%

Leases - Schedule of Future Lea

Leases - Schedule of Future Lease Payments (Details) - USD ($) $ in Thousands	Oct. 31, 2022	Jan. 31, 2022
Leases [Abstract]
2023 (remaining nine months)	$ 955
2024	3,924
2025	4,150
2026	3,734
2027	3,737
Thereafter	1,277
Total minimum lease payments	17,777
Less imputed interest	(1,492)
Present value of future minimum lease payments	16,285
Less current lease liabilities	(3,302)	$ (3,130)
Operating lease liabilities, non-current	$ 12,983	$ 15,483

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Details) - USD ($) $ in Millions	Oct. 31, 2022	Jan. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Letters of credit outstanding amount	$ 1.8	$ 1.8

Common Stock and Stockholders_3

Common Stock and Stockholders' Equity (Deficit) - Additional Information (Details) - USD ($)	3 Months Ended		9 Months Ended
	Oct. 31, 2022	Oct. 31, 2021	Oct. 31, 2022	Oct. 31, 2021	Jan. 31, 2022
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Common stock capital shares reserved for future issuance	47,503,000		47,503,000		42,248,000
Stock-based compensation expense	$ 46,710,000	$ 1,542,000	$ 135,372,000	$ 4,766,000
Unrecognized stock-based compensation expense	$ 2,100,000		$ 2,100,000
Unrecognized stock-based compensation expense, weighted-average period			1 year 3 months 18 days
Exercisable shares vested	9,557,057		9,557,057
Total grant-date fair value of stock options vested			$ 3,800,000	4,900,000
Total intrinsic value of options exercised			74,100,000	61,400,000
Accrued compensation and benefits	$ 53,204,000		$ 53,204,000		$ 56,939,000
Common stock conversion basis			Each outstanding share of Class B common stock is convertible at any time at the option of the holder into one share of Class A common stock.
Common stock, voting rights			the affirmative vote of the holders of 66-2/3% of the voting power of outstanding Class B common stock. Following such conversion, each share of Class A common stock will have one vote per share and the rights of the holders of all outstanding common stock will be identical.
2021 Equity Incentive Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Options granted	0		0
Total intrinsic value of options exercised			$ 74,101,000
Number of shares available for sale	21,900,000		21,900,000		17,561,000
2021 Employee Stock Purchase Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Common stock capital shares reserved for future issuance	3,370,000		3,370,000		1,900,000
Stock-based compensation expense			$ 9,100,000
Unrecognized stock-based compensation expense	$ 18,300,000		$ 18,300,000
Unrecognized stock-based compensation expense, weighted-average period			1 year 7 months 6 days
Employee stock purchase plan, share issued			351,284
Purchase price per share	$ 24.20		$ 24.20
Cash proceeds from common stock			$ 8,500,000
Accrued compensation and benefits	$ 8,100,000		$ 8,100,000		$ 2,700,000
Rollover offering period			2 years
Rollover closing stock price period			Jun. 15, 2022
Closing stock price period			Dec. 08, 2021
Offering period			24 months
Offering period date			Jun. 15, 2024
Incremental compensation cost recognized due to modification			$ 4,900,000
Restricted Stock Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Common stock capital shares reserved for future issuance	12,155,000		12,155,000		10,406,000
Unrecognized stock-based compensation expense	$ 389,100,000		$ 389,100,000
Unrecognized stock-based compensation expense, weighted-average period			2 years 10 months 24 days
Grant-date fair value of vested shares			$ 105,100,000	$ 0
Common Class A
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Common stock, voting rights			one vote
Conversion of common stock shares			41,176,043
Common Class A | 2021 Equity Incentive Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Common stock capital shares reserved for future issuance	21,900,058		21,900,058
Common Class A | 2021 Employee Stock Purchase Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of shares available for sale	3,370,329		3,370,329
Class B Common Stock
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Common stock, voting rights			ten votes

Common Stock and Stockholders_4

Common Stock and Stockholders' Equity (Deficit) - Schedule of Reserved Shares of Common Stock for Future Issuance (Details) - shares shares in Thousands	Oct. 31, 2022	Jan. 31, 2022
Class Of Stock [Line Items]
Common stock capital shares reserved for future issuance	47,503	42,248
2021 Equity Incentive Plan
Class Of Stock [Line Items]
Remaining shares available for future issuance	21,900	17,561
2021 Employee Stock Purchase Plan
Class Of Stock [Line Items]
Common stock capital shares reserved for future issuance	3,370	1,900
Options Outstanding
Class Of Stock [Line Items]
Common stock capital shares reserved for future issuance	10,078	12,381
Restricted stock units outstanding
Class Of Stock [Line Items]
Common stock capital shares reserved for future issuance	12,155	10,406

Common Stock and Stockholders_5

Common Stock and Stockholders' Equity (Deficit) - Schedule of Stock Option Activity (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	9 Months Ended		12 Months Ended
	Oct. 31, 2022	Oct. 31, 2021	Jan. 31, 2022
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Aggregate Intrinsic Value exercised	$ 74,100	$ 61,400
2021 Plans
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Beginning Balance, Number of Options Outstanding	12,381
Stock options exercised	(2,116)
Stock options cancelled/forfeited/expired	(187)
Ending Balance, Number of Options Outstanding	10,078		12,381
Number of options outstanding, exercisable	9,557
Beginning Balance, Weighted- Average Exercise Price	$ 1.93
Weighted-Average Exercise Price Options exercised	1.47
Weighted-Average Exercise Price Options cancelled/forfeited/expired	3.56
Ending Balance, Weighted- Average Exercise Price	2		$ 1.93
Weighted-average exercise price per share, exercisable	$ 1.70
Weighted Average Remaining Contractual Term, Outstanding	5 years		5 years 8 months 12 days
Weighted Average Remaining Contractual Term, Exercisable	4 years 10 months 24 days
Aggregate Intrinsic Value	$ 289,668		$ 798,374
Aggregate Intrinsic Value exercised	74,101
Aggregate Intrinsic Value, Exercisable	$ 277,511

Common Stock and Stockholders_6

Common Stock and Stockholders' Equity (Deficit) - Schedule of Restricted Stock Units (RSUs") Activity (Details) - 2014 and 2021 Plans - Restricted Stock Units shares in Thousands	9 Months Ended
	Oct. 31, 2022 $ / shares shares
Class Of Stock [Line Items]
Beginning Balance, Number of Awards, Outstanding and unvested | shares	10,406
Number of RSUs, Granted | shares	6,264
Number of RSUs, Released | shares	(3,219)
Number of RSUs, Cancelled | shares	(1,296)
Ending Balance, Number of Awards, Outstanding and unvested | shares	12,155
Beginning Balance, Weighted Average Grant Date Fair Value | $ / shares	$ 37.46
Weighted-average grant-date fair value, granted | $ / shares	43.99
Weighted Average Grant Date Fair Value, Released | $ / shares	32.65
Weighted Average Grant Date Fair Value, Cancelled | $ / shares	36.42
Ending Balance, Weighted Average Grant Date Fair Value | $ / shares	$ 42.21

Common Stock and Stockholders_7

Common Stock and Stockholders' Equity (Deficit) - Summary of Stock-Based Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2022	Oct. 31, 2021	Oct. 31, 2022	Oct. 31, 2021
Stock-based compensation expense:
Stock-based compensation expense, net of amounts capitalized	$ 46,710	$ 1,542	$ 135,372	$ 4,766
Capitalized stock-based compensation	1,254		3,042
Total stock-based compensation expense	47,964	1,542	138,414	4,766
Cost Of Revenue [Member] | Support
Stock-based compensation expense:
Stock-based compensation expense, net of amounts capitalized	2,152	193	6,332	378
Cost Of Revenue [Member] | Cloud Hosted Services
Stock-based compensation expense:
Stock-based compensation expense, net of amounts capitalized	792	1	2,118	6
Cost Of Revenue [Member] | Professional Services and Other
Stock-based compensation expense:
Stock-based compensation expense, net of amounts capitalized	722	12	2,102	36
Sales And Marketing [Member]
Stock-based compensation expense:
Stock-based compensation expense, net of amounts capitalized	15,398	525	44,212	1,748
Research And Development [Member]
Stock-based compensation expense:
Stock-based compensation expense, net of amounts capitalized	14,988	436	40,233	1,272
General And Administrative [Member]
Stock-based compensation expense:
Stock-based compensation expense, net of amounts capitalized	$ 12,658	$ 375	$ 40,375	$ 1,326

Net Loss Per Share Attributab_3

Net Loss Per Share Attributable to Common Stockholders - Additional Information (Details)	9 Months Ended
	Oct. 31, 2022
Class of Stock [Line Items]
Common stock, voting rights	the affirmative vote of the holders of 66-2/3% of the voting power of outstanding Class B common stock. Following such conversion, each share of Class A common stock will have one vote per share and the rights of the holders of all outstanding common stock will be identical.
Class A Common Stock
Class of Stock [Line Items]
Common stock, voting rights	one vote
Class B Common Stock
Class of Stock [Line Items]
Common stock, voting rights	ten votes

Net Loss Per Share Attributab_4

Net Loss Per Share Attributable to Common Stockholders - Summary of Computation of Basic and Diluted Net Loss Per Share Attributable to Common Stockholders (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended						9 Months Ended
	Oct. 31, 2022	Jul. 31, 2022	Apr. 30, 2022	Oct. 31, 2021	Jul. 31, 2021	Apr. 30, 2021	Oct. 31, 2022	Oct. 31, 2021
Earnings Per Share [Abstract]
Net loss	$ (71,958)	$ (74,764)	$ (78,217)	$ (21,951)	$ (24,901)	$ (15,586)	$ (224,939)	$ (62,438)
Weighted-average shares used to compute net loss per share attributable to Class A and Class B common stockholders, basic	187,080			66,782			185,124	66,313
Weighted-average shares used to compute net loss per share attributable to Class A and Class B common stockholders, diluted	187,080			66,782			185,124	66,313
Net loss per share attributable to Class A and Class B common stockholders, basic	$ (0.38)			$ (0.33)			$ (1.22)	$ (0.94)
Net loss per share attributable to Class A and Class B common stockholders, diluted	$ (0.38)			$ (0.33)			$ (1.22)	$ (0.94)

Net Loss Per Share Attributab_5

Net Loss Per Share Attributable to Common Stockholders - Schedule of Antidilutive Securities Excluded from Computation of Diluted Net Loss Per Share (Details) - shares shares in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2022	Oct. 31, 2021	Oct. 31, 2022	Oct. 31, 2021
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share	23,724	120,801	23,472	120,801
Redeemable Convertible Preferred Stock
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share		94,128		94,128
Outstanding Stock Options and Restricted Stock Units
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share	22,233	26,666	22,233	26,666
Share Purchase Rights Under the ESPP
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share	1,491		1,239
Class A and Class B Common Stock Subject to Repurchase
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share		7		7