v3.25.2

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jul. 31, 2025	Jan. 31, 2025
Current assets:
Cash and cash equivalents	$ 339,712	$ 346,460
Investments	228,142	224,366
Accounts receivable, net of allowance for credit losses of $1,125 and $1,103 as of July 31, 2025 and January 31, 2025, respectively	70,401	107,350
Deferred contract costs, current	19,004	19,787
Prepaid expenses and other current assets	14,489	13,757
Total current assets	671,748	711,720
Property and equipment, net	25,211	21,335
Deferred contract costs, non-current	25,089	25,279
Lease right-of-use assets	8,266	6,806
Goodwill	137,401	137,401
Intangible assets, net	17,727	20,865
Other assets	6,089	3,860
Total assets	891,531	927,266
Current liabilities:
Accounts payable	7,046	7,329
Accrued expenses and other current liabilities	15,016	20,322
Accrued compensation	28,419	37,505
Deferred revenue, current	227,014	243,269
Lease liabilities, current	3,646	3,307
Convertible senior notes, net, current	0	57,426
Total current liabilities	281,141	369,158
Convertible senior notes, net, non-current	394,541	393,282
Deferred revenue, non-current	2,900	2,483
Lease liabilities, non-current	10,186	9,637
Other liabilities	5,082	4,661
Total liabilities	693,850	779,221
Commitments and contingencies (Note 10)
Redeemable non-controlling interest (Note 3)	16,972	18,217
Stockholders' equity
Common stock	0	0
Additional paid-in capital	774,139	725,483
Accumulated other comprehensive loss	(673)	(485)
Accumulated deficit	(592,757)	(595,170)
Total stockholders’ equity	180,709	129,828
Total liabilities, redeemable non-controlling interest, and stockholders' equity	$ 891,531	$ 927,266

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

PagerDuty, Inc. 10-Q