v3.26.1
Net Income Per Share (Tables)
 6 Months Ended
Jul. 31, 2026
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Net Loss Per Share
The following tables present the calculation of basic and diluted net income per share. Net income is reported in millions and rounded from amounts in thousands; as a result, net income per share may not recalculate exactly due to rounding.
Three Months Ended
July 31,
20262025
Class A Class BClass 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 shares5 — 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,
20262025
Class A Class BClass 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 shares8 — 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.
Schedule of Potentially Dilutive Securities Excluded from Diluted Per Share Calculation
Potentially dilutive securities excluded because they would be anti-dilutive were as follows:
Three Months Ended
July 31,		Six Months Ended
July 31,
2026202520262025
(shares in thousands)
Employee share-based awards
695 1,227 3,194 2,835