v3.26.1
Net Income Per Share (Tables)
 12 Months Ended
Jul. 31, 2026
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Net Income Per Share of Common Stock
The following table presents the computation of basic and diluted net income per share of common stock (in millions, except per share data):
Year Ended July 31,
202620252024
Net income
$307 $1,134 $2,578 
Weighted-average shares used to compute net income per share, basic
749 663 638
Weighted-average effect of potentially dilutive securities:
Convertible senior notes— 7 21 
Warrants related to the issuance of convertible senior notes5 25 26 
Employee equity incentive plans10 14 23 
Weighted-average shares used to compute net income per share, diluted
764 709 708
Net income per share, basic
$0.41 $1.71 $4.04 
Net income per share, diluted
$0.40 $1.60 $3.64 
Schedule of Antidilutive Securities Excluded from Computation of Net Income Per Share
The following securities were excluded from the computation of diluted net income per share of common stock as their effect would have been antidilutive or issuance of such shares is contingent upon the satisfaction of certain conditions which were not satisfied by the end of the applicable period (in millions):
Year Ended July 31,
202620252024
Employee equity incentive plans5 3 5