v3.26.1
SEGMENT INFORMATION (Tables)
6 Months Ended
May 29, 2026
Segment Reporting [Abstract]  
Schedule of Segment Results
Information about our single reportable segment revenue, net income and significant segment expenses for the three and six months ended May 29, 2026 and May 30, 2025 were as follows:
 Three Months EndedSix Months Ended
(dollars in millions)
2026202520262025
Revenue
$6,618 $5,873 $13,016 $11,587 
Less:
Cost of revenue(1)
669 565 1,299 1,115 
Research and development expenses(1)
911 834 1,745 1,616 
Sales and marketing expenses(1)
1,729 1,485 3,295 2,845 
General and administrative expenses(1)
364 315 697 622 
Stock-based and deferred compensation expense556 482 1,070 951 
Impairment of goodwill70 — 70 — 
Amortization of purchased intangibles
46 83 85 166 
Loss contingency
30 — 92 — 
Acquisition-related expenses— — 
Non-operating (income) expense, net(2)
— (4)(11)
Income before income taxes2,238 2,101 4,660 4,283 
Provision for income taxes526 410 1,059 781 
Net income$1,712 $1,691 $3,601 $3,502 
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(1)Excludes stock-based and deferred compensation expenses, impairment of goodwill, amortization of purchased intangibles, and certain loss contingencies and acquisition-related expenses, which are presented separately within this table.
(2)Includes interest income of $56 million for both the three months ended May 29, 2026 and the three months ended May 30, 2025, and $119 million and $136 million for the six months ended May 29, 2026 and May 30, 2025, respectively.