v3.24.2.u1
Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Jul. 31, 2024
Jul. 31, 2023
Jul. 31, 2022
Net revenue:      
Net revenue: $ 16,285 $ 14,368 $ 12,726
Cost of revenue:      
Amortization of acquired technology 146 163 140
Selling and marketing 4,312 3,762 3,526
Research and development 2,754 2,539 2,347
General and administrative 1,418 1,300 1,460
Amortization of other acquired intangible assets 483 483 416
Restructuring 223 0 0
Total costs and expenses 12,655 11,227 10,155
Operating income 3,630 3,141 2,571
Interest expense (242) (248) (81)
Interest and other income, net 162 96 52
Income before income taxes 3,550 2,989 2,542
Income tax provision 587 605 476
Net income $ 2,963 $ 2,384 $ 2,066
Basic net income per share (in dollars per share) $ 10.58 $ 8.49 $ 7.38
Shares used in basic per share calculations (in shares) 280 281 280
Diluted net income per share (in dollars per share) $ 10.43 $ 8.42 $ 7.28
Shares used in diluted per share calculations (in shares) 284 283 284
Service      
Net revenue:      
Net revenue: $ 13,861 $ 12,317 $ 10,914
Cost of revenue:      
Cost of revenue 3,250 2,908 2,196
Product and other      
Net revenue:      
Net revenue: 2,424 2,051 1,812
Cost of revenue:      
Cost of revenue $ 69 $ 72 $ 70

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