
	Three Months Ended July 31,
	2026				2025
	Class A		Class B			Class A		Class B
	(dollars in millions, shares in thousands, except per share data)
Basic net income per share:
Numerator:
Net income, basic	$	111	$	5		$	64	$	3
Denominator:
Weighted-average shares outstanding, basic	166,614		7,684			167,615		7,845
Net income per share, basic	$	0.67	$	0.67		$	0.38	$	0.38
.
Diluted net income per share:
Numerator:
Net income	$	111	$	5		$	64	$	3

Reallocation of net income as a result of assumed conversion of Class B to Class A common shares	5		—			3		—
Net income, diluted	$	116	$	5		$	67	$	3
Denominator:
Number of shares used in basic calculation	166,614		7,684			167,615		7,845
Weighted-average effect of diluted securities related to:
Employee share-based awards	4,438		72			2,642		456
Convertible senior notes	—		—			2,408		—
Assumed conversion of Class B to Class A common shares	7,756		—			8,301		—
Number of shares used in diluted calculation	178,808		7,756			180,966		8,301
Net income per share, diluted	$	0.65	$	0.65		$	0.37	$	0.37


	Six Months Ended July 31,
	2026				2025
	Class A		Class B			Class A		Class B
	(dollars in millions, shares in thousands, except per share data)
Basic net income per share:
Numerator:
Net income, basic	$	182	$	8		$	123	$	6
Denominator:
Weighted-average shares outstanding, basic	167,512		7,686			166,934		7,893
Net income per share, basic	$	1.09	$	1.09		$	0.74	$	0.74
.
Diluted net income per share:
Numerator:
Net income	$	182	$	8		$	123	$	6
Interest and other1	—		—			2		—
Reallocation of net income as a result of assumed conversion of Class B to Class A common shares	8		—			6		—
Net income, diluted	$	190	$	8		$	131	$	6
Denominator:
Number of shares used in basic calculation	167,512		7,686			166,934		7,893
Weighted-average effect of diluted securities related to:
Employee share-based awards	2,591		136			2,634		621
Convertible senior notes	308		—			3,274		—
Assumed conversion of Class B to Class A common shares	7,822		—			8,514		—
Number of shares used in diluted calculation	178,233		7,822			181,356		8,514
Net income per share, diluted	$	1.07	$	1.07		$	0.72	$	0.72
1 Under the if-converted method, net income is adjusted to reflect the assumption that the convertible senior notes were converted at the beginning of the period.

The Company entered into capped call transactions in connection with the issuance of the convertible senior notes. The effect of the capped calls was also excluded from the calculation of diluted net income per share for the period that the convertible senior notes were outstanding as the effect of the capped calls would have been anti-dilutive. The remaining outstanding capped calls expired unexercised as a result of the maturity of the 2026 Notes on June 15, 2026.