v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
May 29, 2026
May 30, 2025
May 29, 2026
May 30, 2025
Revenue:        
Total revenue $ 6,618 $ 5,873 $ 13,016 $ 11,587
  Cost of revenue:        
Total cost of revenue 715 638 1,379 1,260
Gross profit 5,903 5,235 11,637 10,327
  Operating expenses:        
Research and development 1,198 1,082 2,308 2,108
Sales and marketing 1,884 1,626 3,592 3,121
General and administrative 546 377 1,009 744
Amortization of intangibles 37 41 72 82
Total operating expenses 3,665 3,126 6,981 6,055
 Operating income 2,238 2,109 4,656 4,272
  Non-operating income (expense):        
Interest expense (65) (68) (128) (130)
Investment gains (losses), net 18 2 23 8
Other income (expense), net 47 58 109 133
Total non-operating income (expense), net 0 (8) 4 11
Income before income taxes 2,238 2,101 4,660 4,283
Provision for income taxes 526 410 1,059 781
Net income $ 1,712 $ 1,691 $ 3,601 $ 3,502
Basic net income per share (in usd per share) $ 4.26 $ 3.95 $ 8.86 $ 8.10
Shares used to compute basic net income per share (in shares) 402.4 428.2 406.3 432.2
Diluted net income per share (in usd per share) $ 4.25 $ 3.94 $ 8.86 $ 8.08
Shares used to compute diluted net income per share (in shares) 402.5 428.9 406.6 433.2
Subscription        
Revenue:        
Total revenue $ 6,416 $ 5,641 $ 12,614 $ 11,124
  Cost of revenue:        
Total cost of revenue 586 505 1,126 995
Product        
Revenue:        
Total revenue 89 88 179 183
  Cost of revenue:        
Total cost of revenue 5 6 11 12
Services and other        
Revenue:        
Total revenue 113 144 223 280
  Cost of revenue:        
Total cost of revenue $ 124 $ 127 $ 242 $ 253