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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Feb. 28, 2025
Feb. 29, 2024
Feb. 28, 2025
Feb. 29, 2024
Revenues:        
Cloud services and license support $ 11,007 $ 9,963 $ 32,331 $ 29,149
Cloud license and on-premise license 1,129 1,256 3,194 3,243
Hardware 703 754 2,086 2,224
Services 1,291 1,307 3,885 4,058
Total revenues 14,130 13,280 41,496 38,674
Operating expenses:        
Cloud services and license support [1] 2,882 2,452 8,226 6,905
Hardware [1] 197 217 530 649
Services [1] 1,116 1,200 3,430 3,665
Sales and marketing [1] 2,119 2,042 6,345 6,161
Research and development 2,429 2,248 7,206 6,689
General and administrative 390 377 1,135 1,146
Amortization of intangible assets 548 749 1,763 2,267
Acquisition related and other 28 155 72 214
Restructuring 63 90 220 311
Total operating expenses 9,772 9,530 28,927 28,007
Operating income 4,358 3,750 12,569 10,667
Interest expense (892) (876) (2,600) (2,636)
Non-operating (expenses) income, net (18) (9) 39 (72)
Income before income taxes 3,448 2,865 10,008 7,959
Provision for income taxes 512 464 992 636
Net income $ 2,936 $ 2,401 $ 9,016 $ 7,323
Earnings per share:        
Basic $ 1.05 $ 0.87 $ 3.24 $ 2.67
Diluted $ 1.02 $ 0.85 $ 3.15 $ 2.6
Weighted average common shares outstanding:        
Basic 2,799 2,748 2,783 2,741
Diluted 2,874 2,819 2,865 2,820
[1] Exclusive of amortization of intangible assets, which is shown separately.