v3.26.1
Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Jul. 31, 2026
Jul. 31, 2025
Jul. 31, 2024
Net revenue:      
Total net revenue $ 21,448 $ 18,831 $ 16,285
Cost of revenue:      
Amortization of acquired technology 174 156 146
Selling and marketing 5,534 5,035 4,312
Research and development 3,376 2,928 2,754
General and administrative 1,623 1,601 1,418
Amortization of other acquired intangible assets 485 481 483
Restructuring 293 15 223
Total costs and expenses 15,564 13,908 12,655
Operating income 5,884 4,923 3,630
Interest expense (256) (247) (242)
Interest and other income, net 389 158 162
Income before income taxes 6,017 4,834 3,550
Income tax provision 1,451 965 587
Net income $ 4,566 $ 3,869 $ 2,963
Basic net income per share (in dollars per share) $ 16.53 $ 13.82 $ 10.58
Shares used in basic per share calculations (in shares) 276 280 280
Diluted net income per share (in dollars per share) $ 16.46 $ 13.67 $ 10.43
Shares used in diluted per share calculations (in shares) 277 283 284
Service      
Net revenue:      
Total net revenue $ 18,911 $ 16,400 $ 13,861
Cost of revenue:      
Cost of revenue 4,016 3,624 3,250
Product and other      
Net revenue:      
Total net revenue 2,537 2,431 2,424
Cost of revenue:      
Cost of revenue $ 63 $ 68 $ 69