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Income Statements
(In millions, except per share amounts)		Year Ended June 30,
(In millions, except per share amounts)		2025	2024	2023
	Revenue:
	Product	$ 63,946	$ 64,773	$ 64,699
	Service and other	217,778	180,349	147,216
	Total revenue	281,724	245,122	211,915
	Cost of revenue:
	Product	13,501	15,272	17,804
	Service and other	74,330	58,842	48,059
	Total cost of revenue	87,831	74,114	65,863
	Gross margin	193,893	171,008	146,052
	Research and development	32,488	29,510	27,195
	Sales and marketing	25,654	24,456	22,759
	General and administrative	7,223	7,609	7,575
	Operating income	128,528	109,433	88,523
	Other income (expense), net	(4,901)	(1,646)	788
	Income before income taxes	123,627	107,787	89,311
	Provision for income taxes	21,795	19,651	16,950
	Net income	$ 101,832	$ 88,136	$ 72,361
	Earnings per share:
	Basic	$ 13.70	$ 11.86	$ 9.72
	Diluted	$ 13.64	$ 11.80	$ 9.68
	Weighted average shares outstanding:
	Basic	7,433	7,431	7,446
	Diluted	7,465	7,469	7,472

IMPORTANT NOTICE TO USERS (summary only, click here for full text of notice) All information is unaudited unless otherwise noted or accompanied by an audit opinion and is subject to the more comprehensive information contained in our SEC reports and filings. We do not endorse third-party information. All information speaks as of the last fiscal quarter or year for which we have filed a Form 10-K or 10-Q, or for historical information the date or period expressly indicated in or with such information. We undertake no duty to update the information. Forward-looking statements are subject to risks and uncertainties described in our Forms 10-Q and 10-K.