v3.26.1
DEFERRED REVENUES
 3 Months Ended
Aug. 31, 2026
Deferred Revenue Disclosure [Abstract]  
DEFERRED REVENUES
5.
DEFERRED REVENUES

Deferred revenues consisted of the following:

 

(in millions)

 

August 31,
2026

 

 

May 31,
2026

 

Cloud

 

$

6,348

 

 

$

3,228

 

Software

 

 

7,284

 

 

 

5,662

 

Hardware

 

 

577

 

 

 

521

 

Services

 

 

477

 

 

 

505

 

Deferred revenues, current

 

 

14,686

 

 

 

9,916

 

Deferred revenues, non-current (in other non-current liabilities)

 

 

16,103

 

 

 

5,479

 

Total deferred revenues

 

$

30,789

 

 

$

15,395

 

 

Deferred cloud revenues, deferred software revenues and deferred hardware revenues substantially represent customer payments made in advance for cloud or support contracts that are billed in advance with corresponding revenues generally being recognized ratably or based upon customer usage over the respective contractual periods. Deferred services revenues include prepayments for our services business and revenues for these services are generally recognized as the services are performed.