4 unchanged sentences
Interest Rate Risk
−Removed: As of January 31, 2025, we had $1.1 billion of cash, cash equivalents, and investments, which consist of money market funds, U.S.
+Added: As of January 31, 2026, we had $769.6 million of cash, cash equivalents, and investments, which consist of money market funds, U.S.
treasury securities, commercial paper, corporate notes and bonds, and U.S.
agency securities.
−Removed: We also had $6.7 million of restricted cash as of January 31, 2025 primarily due to acquisition-related liabilities and outstanding letters of credit established in connection with lease agreements for our facilities.
+Added: We also had $26.5 million of restricted cash as of January 31, 2026, primarily consisting of collateral for foreign currency forward contracts, indemnity escrow funds related to acquisitions, and collateralized letters of credit established in connection with lease agreements for our facilities.
Our cash, cash equivalents, and investments are held for working capital purposes.
8 unchanged sentences
are primarily denominated in each country’s respective local currency.
−Removed: Our operating results and cash flows are, therefore, subject to fluctuations due to changes in foreign currency exchange rates.
+Added: In addition, the liability to the ITA associated with the Agreement is denominated in Israel New Shekel.
+Added: As a result, our operating results and cash flows are, therefore, subject to fluctuations due to changes in foreign currency exchange rates.
Foreign currency transaction gains and losses are recorded in other income (expense), net in the consolidated statements of operations.
−Removed: As the impact of foreign currency exchange rates has not been material to our historical operating results, we have not entered into derivative or hedging transactions, but we may do so in the future if our exposure to foreign currency becomes more significant.
−Removed: A hypothetical 10% adverse change in the U.S.
−Removed: dollar against other currencies would have resulted in an increase in operating loss of approximately $23.9 million for fiscal 2025.
+Added: We enter into foreign currency forward contracts to economically manage the foreign currency exchange rate risk associated with the aforementioned ITA liability denominated in the Israeli New Shekel.
+Added: These forward contracts are not designated as hedging instruments for accounting purposes.
+Added: The effectiveness of our risk management strategy and the availability of future contracts may be limited, and we may not be able to successfully offset our exposure, which could adversely affect our financial condition and operating results.
+Added: As of January 31, 2026, we had undesignated forward contracts with notional amounts of $154.4 million.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.