Net Income Per Share (Tables)

12 Months Ended

Jan. 31, 2026

Summary of Calculation of Basic and Diluted Net Income (Loss) Per Share

The following table presents the calculation of basic and diluted net income per share (in millions, except number of shares, which are reflected in thousands, and per share data):


	Year Ended January 31,
	2026		2025 (1)		2024 (1)
Net income per share, basic:
Numerator:
Net income	$	693	$	526	$	1,381
Denominator:
Weighted-average shares outstanding, basic	265,097		265,257		261,344
Net income per share, basic	$	2.61	$	1.98	$	5.28
Net income per share, diluted:
Numerator:
Net income	$	693	$	526	$	1,381
Denominator:
Weighted-average shares outstanding, basic	265,097		265,257		261,344
Dilutive effect of share-based awards	3,020		3,948		3,941
Weighted-average shares outstanding, diluted	268,117		269,205		265,285
Net income per share, diluted	$	2.59	$	1.95	$	5.21

(1)The prior period EPS for Class A and Class B common stock has been presented together to conform with current period presentation, which had no impact on our previously reported basic or diluted EPS.

Shares Excluded from Diluted Net Income (Loss) Per Share

The computation of diluted net income per share does not include the effect of the following potentially outstanding weighted-average shares of common stock because their effect would have been anti-dilutive (in thousands):


	Year Ended January 31,
	2026	2025	2024

Total weighted-average shares related to outstanding share-based awards	2,193	1,682	2,206