The Company applies the two-class method to calculate its basic and diluted net income per share as Class A subordinate voting shares and Class B restricted voting shares are participating securities with equal participation rights and are entitled to receive dividends on a share for share basis. The Company uses the treasury stock method for calculating the effect of dilutive potential common stock from employee stock options and employee RSUs.


	Three months ended June 30,				Six months ended June 30,
	2026		2025		2026		2025







	(in US $ millions, except share and per share amounts)
Numerator:
Net income	1,502		906		921		224

Denominator:
Basic weighted average number of shares outstanding	1,295,220,307		1,297,746,050		1,299,266,611		1,296,593,342
Weighted average effect of dilutive securities:
Stock options	2,062,973		3,290,102		2,477,142		3,700,679
Restricted share units	655,853		1,557,363		882,310		1,768,333
Convertible senior notes	—		6,388,480		—		6,388,480
Deferred share units	1,825		11,843		1,864		12,705
Diluted weighted average number of shares	1,297,940,958		1,308,993,838		1,302,627,927		1,308,463,539

Net income per share:
Basic	$	1.16	$	0.70	$	0.71	$	0.17
Diluted	$	1.16	$	0.69	$	0.71	$	0.17

Common stock equivalents excluded from net income per diluted share because they are anti-dilutive:
Stock options	958,367		675,113		570,252		458,122
Restricted share units	208,663		145,745		271,799		195,807

Deferred share units	34		102		340		95
	1,167,064		820,960		842,391		654,024