Net Income Per Share (Tables)

6 Months Ended

Jul. 31, 2026

Schedule of Calculation of Basic and Diluted Net Income 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):


	Three Months Ended July 31,				Six Months Ended July 31,
	2026		2025 (1)		2026		2025 (1)
Net income per share, basic:
Numerator:
Net income	$	632	$	228	$	854	$	296
Denominator:
Weighted-average shares outstanding, basic	245,181		266,777		249,464		266,649
Net income per share, basic	$	2.58	$	0.86	$	3.42	$	1.11
Net income per share, diluted:
Numerator:
Net income	$	632	$	228	$	854	$	296
Denominator:
Weighted-average shares outstanding, basic	245,181		266,777		249,464		266,649
Dilutive effect of share-based awards	1,126		3,403		774		3,591
Weighted-average shares outstanding, diluted	246,307		270,180		250,238		270,240
Net income per share, diluted	$	2.57	$	0.84	$	3.41	$	1.09

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

Schedule of Computation of Diluted Net Income 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):


	Three Months Ended July 31,		Six Months Ended July 31,
	2026	2025	2026	2025
Total weighted-average shares related to outstanding share-based awards	11,366	227	12,514	214