v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Apr. 30, 2026
Apr. 30, 2025
Apr. 30, 2026
Apr. 30, 2025
Net revenue:        
Total net revenue $ 8,558 $ 7,754 $ 17,094 $ 15,000
Cost of revenue:        
Amortization of acquired technology 43 38 131 112
Selling and marketing 1,793 1,618 4,270 3,784
Research and development 840 707 2,519 2,127
General and administrative 409 394 1,232 1,177
Amortization of other acquired intangible assets 122 120 364 360
Restructuring 0 1 0 14
Total costs and expenses 4,538 4,034 11,685 10,416
Operating income 4,020 3,720 5,409 4,584
Interest expense (70) (68) (186) (188)
Interest and other income, net 97 32 254 72
Income before income taxes 4,047 3,684 5,477 4,468
Income tax provision 983 864 1,274 980
Net income $ 3,064 $ 2,820 $ 4,203 $ 3,488
Basic net income per share (in dollars per share) $ 11.10 $ 10.09 $ 15.13 $ 12.45
Shares used in basic per share calculations (in shares) 276 280 278 280
Diluted net income per share (in dollars per share) $ 11.09 $ 10.02 $ 15.05 $ 12.33
Shares used in diluted per share calculations (in shares) 276 282 279 283
Service        
Net revenue:        
Total net revenue $ 7,759 $ 6,971 $ 15,128 $ 13,109
Cost of revenue:        
Cost of revenue 1,317 1,138 3,122 2,790
Product and other        
Net revenue:        
Total net revenue 799 783 1,966 1,891
Cost of revenue:        
Cost of revenue $ 14 $ 18 $ 47 $ 52

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