XML 37 R29.htm IDEA: XBRL DOCUMENT
v3.25.3

SEGMENT INFORMATION (Tables) | 6 Months Ended
--- | ---
Nov. 30, 2025
Segment Reporting [Abstract] |
Summary of Businesses Results | The following table presents summary results for each of our three businesses:
|  | Three Months Ended November 30, |  |  | Six Months Ended November 30, |
(in millions) |  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Cloud and software: |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  | $ | 13,854 |  |  | $ | 12,001 |  |  | $ | 26,760 |  |  | $ | 23,389 |
Cloud and software expenses |  |  | 3,807 |  |  |  | 2,555 |  |  |  | 7,225 |  |  |  | 4,977 |
Sales and marketing expenses |  |  | 1,870 |  |  |  | 1,888 |  |  |  | 3,668 |  |  |  | 3,659 |
Margin(1) |  | $ | 8,177 |  |  | $ | 7,558 |  |  | $ | 15,867 |  |  | $ | 14,753 |
Hardware: |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  | $ | 776 |  |  | $ | 728 |  |  | $ | 1,446 |  |  | $ | 1,383 |
Hardware products and support expenses |  |  | 205 |  |  |  | 161 |  |  |  | 374 |  |  |  | 313 |
Sales and marketing expenses |  |  | 59 |  |  |  | 69 |  |  |  | 113 |  |  |  | 135 |
Margin(1) |  | $ | 512 |  |  | $ | 498 |  |  | $ | 959 |  |  | $ | 935 |
Services: |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  | $ | 1,428 |  |  | $ | 1,330 |  |  | $ | 2,777 |  |  | $ | 2,594 |
Services expenses |  |  | 1,084 |  |  |  | 1,080 |  |  |  | 2,101 |  |  |  | 2,145 |
Margin(1) |  | $ | 344 |  |  | $ | 250 |  |  | $ | 676 |  |  | $ | 449 |
Totals: |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  | $ | 16,058 |  |  | $ | 14,059 |  |  | $ | 30,983 |  |  | $ | 27,366 |
Expenses |  |  | 7,025 |  |  |  | 5,753 |  |  |  | 13,481 |  |  |  | 11,229 |
Margin(1) |  | $ | 9,033 |  |  | $ | 8,306 |  |  | $ | 17,502 |  |  | $ | 16,137 |
(1) The margins reported reflect only the direct controllable costs of each line of business and do not include allocations of research and development, general and administrative and certain other allocable expenses, net. Additionally, the margins reported above do not reflect amortization of intangible assets, acquisition related and other expenses, restructuring expenses, stock-based compensation, interest expense or certain other non-operating income, net. Refer to the table below for a reconciliation of our total margin for operating segments to our income before income taxes as reported per our condensed consolidated statements of operations.
Reconciliation of Total Margin for Operating Segment to Income before Income Taxes | The following table reconciles total margin for operating segments to income before income taxes:
|  | Three Months Ended November 30, |  |  | Six Months Ended November 30, |
(in millions) |  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Total margin for operating segments |  | $ | 9,033 |  |  | $ | 8,306 |  |  | $ | 17,502 |  |  | $ | 16,137 |
Research and development |  |  | (2,561 | ) |  |  | (2,471 | ) |  |  | (5,051 | ) |  |  | (4,777 | )
General and administrative |  |  | (409 | ) |  |  | (387 | ) |  |  | (786 | ) |  |  | (745 | )
Amortization of intangible assets |  |  | (407 | ) |  |  | (591 | ) |  |  | (826 | ) |  |  | (1,215 | )
Acquisition related and other |  |  | (21 | ) |  |  | (31 | ) |  |  | (35 | ) |  |  | (44 | )
Restructuring |  |  | (406 | ) |  |  | (84 | ) |  |  | (808 | ) |  |  | (157 | )
Stock-based compensation for operating segments |  |  | (394 | ) |  |  | (414 | ) |  |  | (783 | ) |  |  | (765 | )
Expense allocations and other, net |  |  | (104 | ) |  |  | (108 | ) |  |  | (205 | ) |  |  | (223 | )
Interest expense |  |  | (1,057 | ) |  |  | (866 | ) |  |  | (1,980 | ) |  |  | (1,708 | )
Non-operating income, net |  |  | 2,668 |  |  |  | 36 |  |  |  | 2,741 |  |  |  | 57 |
Income before income taxes |  | $ | 6,342 |  |  | $ | 3,390 |  |  | $ | 9,769 |  |  | $ | 6,560 |
Disaggregation of Revenue by Geography | The following table is a summary of our total revenues by geographic region:
|  | Three Months Ended November 30, |  |  | Six Months Ended November 30, |
(in millions) |  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Americas |  | $ | 10,467 |  |  | $ | 8,933 |  |  | $ | 20,129 |  |  | $ | 17,305 |
EMEA(1) |  |  | 3,760 |  |  |  | 3,381 |  |  |  | 7,240 |  |  |  | 6,609 |
Asia Pacific |  |  | 1,831 |  |  |  | 1,745 |  |  |  | 3,614 |  |  |  | 3,452 |
Total revenues |  | $ | 16,058 |  |  | $ | 14,059 |  |  | $ | 30,983 |  |  | $ | 27,366 |
(1) Comprised of Europe, the Middle East and Africa The following table presents our software revenues by offerings:
|  | Three Months Ended November 30, |  |  | Six Months Ended November 30, |
(in millions) |  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Software license |  | $ | 939 |  |  | $ | 1,195 |  |  | $ | 1,705 |  |  | $ | 2,065 |
Software support |  |  | 4,938 |  |  |  | 4,869 |  |  |  | 9,893 |  |  |  | 9,765 |
Total software revenues |  | $ | 5,877 |  |  | $ | 6,064 |  |  | $ | 11,598 |  |  | $ | 11,830 |
The following table presents our cloud revenues by offerings:
|  | Three Months Ended November 30, |  |  | Six Months Ended November 30, |
(in millions) |  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Cloud applications |  | $ | 3,898 |  |  | $ | 3,503 |  |  | $ | 7,736 |  |  | $ | 6,971 |
Cloud infrastructure |  |  | 4,079 |  |  |  | 2,434 |  |  |  | 7,426 |  |  |  | 4,588 |
Total cloud revenues |  | $ | 7,977 |  |  | $ | 5,937 |  |  | $ | 15,162 |  |  | $ | 11,559 |

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-31 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration