v3.26.1
Stockholders' Equity (Tables)
6 Months Ended
Jul. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Summary of Share-based Compensation, Stock Options, Activity
Stock option activity for the six months ended July 31, 2026 was as follows:
Options Outstanding
Outstanding
Stock
Options
(in millions)
Weighted-
Average
Exercise Price
Aggregate
Intrinsic Value (in millions)
Balance as of January 31, 2026$207.54 
Options granted under all plans180.69 
Balance as of July 31, 2026$205.71 $93 
Vested or expected to vest$206.24 $90 
Exercisable as of July 31, 2026$206.19 $58 
Schedule of Restricted Stock Activity
Restricted stock activity for the six months ended July 31, 2026 was as follows:
Restricted Stock Outstanding
Outstanding
(in millions)
Weighted Average Grant Date Fair ValueAggregate
Intrinsic
Value (in millions)
Balance as of January 31, 202626 $265.64 
Granted - restricted stock units and awards22 191.68 
Granted - performance-based restricted stock units204.63 
Canceled(3)249.56 
Vested and converted to shares(7)254.19 
Balance as of July 31, 202639 $224.79 $7,144 
Expected to vest33 $6,088 
Summary of Share-based Payment Arrangement, Expensed and Capitalized, Amount
The aggregate expected stock-based compensation expense remaining to be recognized as of July 31, 2026 was as follows (in millions):
Fiscal Period:
Remaining six months of fiscal 2027$1,955 
Fiscal 20282,918 
Fiscal 20292,052 
Fiscal 20301,235 
Fiscal 2031164 
Total stock-based compensation expense$8,324 
Summary of Repurchases Under Share Repurchase Program
In addition to share repurchases under the ASR Agreements, the Company repurchased the following shares of its common stock in the open market, (in millions, except average price per share):
20262025
SharesAverage price per shareAmountSharesAverage price per shareAmount
Three months ended April 3011 $192.00 $2,145 10 $273.42 $2,681 
Three months ended July 31$— $$269.96 $2,199 
Summary of Dividends Declared
The Company announced the following dividends:
Record DatePayment DateDividend per ShareAmount
(in millions)
Fiscal 2027
Three months ended April 30, 2026April 9, 2026April 23, 2026$0.440 $374 
Three months ended July 31, 2026June 11, 2026July 2, 2026$0.440 $373 
Fiscal 2026
Three months ended April 30, 2025April 10, 2025April 24, 2025$0.416 $406 
Three months ended July 31, 2025June 18, 2025July 10, 2025$0.416 $404