v3.24.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Oct. 31, 2024
Oct. 31, 2023
Net revenue:    
Total net revenue $ 3,283 $ 2,978
Cost of revenue:    
Amortization of acquired technology 37 38
Selling and marketing 962 769
Research and development 704 680
General and administrative 394 342
Amortization of other acquired intangible assets 120 120
Restructuring 9 0
Total costs and expenses 3,012 2,671
Operating income 271 307
Interest expense (60) (65)
Interest and other income, net 2 22
Income before income taxes 213 264
Income tax provision 16 23
Net income $ 197 $ 241
Earnings Per Share, Basic    
Basic net income per share (in dollars per share) $ 0.70 $ 0.86
Shares used in basic per share calculations (in shares) 280 280
Earnings Per Share, Diluted    
Diluted net income per share (in dollars per share) $ 0.70 $ 0.85
Shares used in diluted per share calculations (in shares) 283 283
Service    
Net revenue:    
Total net revenue $ 2,889 $ 2,450
Cost of revenue:    
Cost of revenue 772 707
Product and other    
Net revenue:    
Total net revenue 394 528
Cost of revenue:    
Cost of revenue $ 14 $ 15

Source