v3.25.4
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jan. 31, 2026
Jan. 31, 2025
Jan. 31, 2026
Jan. 31, 2025
Net revenue:        
Total net revenue $ 4,651 $ 3,963 $ 8,536 $ 7,246
Cost of revenue:        
Amortization of acquired technology 44 37 88 74
Selling and marketing 1,395 1,204 2,477 2,166
Research and development 836 716 1,679 1,420
General and administrative 401 389 823 783
Amortization of other acquired intangible assets 121 120 242 240
Restructuring 0 4 0 13
Total costs and expenses 3,796 3,370 7,147 6,382
Operating income 855 593 1,389 864
Interest expense (58) (60) (116) (120)
Interest and other income, net 72 38 157 40
Income before income taxes 869 571 1,430 784
Income tax provision 176 100 291 116
Net income $ 693 $ 471 $ 1,139 $ 668
Earnings Per Share, Basic        
Basic net income per share (in dollars per share) $ 2.49 $ 1.68 $ 4.09 $ 2.38
Shares used in basic per share calculations (in shares) 278 280 279 280
Earnings Per Share, Diluted        
Diluted net income per share (in dollars per share) $ 2.48 $ 1.67 $ 4.06 $ 2.36
Shares used in diluted per share calculations (in shares) 280 283 281 283
Service        
Net revenue:        
Total net revenue $ 3,872 $ 3,249 $ 7,369 $ 6,138
Cost of revenue:        
Cost of revenue 981 880 1,805 1,652
Product and other        
Net revenue:        
Total net revenue 779 714 1,167 1,108
Cost of revenue:        
Cost of revenue $ 18 $ 20 $ 33 $ 34

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