FY26 Q1 - Balance Sheets - Investor Relations

Earnings Release FY26 Q1

Balance Sheets
(In millions) (Unaudited)
(In millions) (Unaudited)		September 30, 2025	June 30, 2025
	Assets
	Current assets:
	Cash and cash equivalents	$ 28,849	$ 30,242
	Short-term investments	73,163	64,323
	Total cash, cash equivalents, and short-term investments	102,012	94,565
	Accounts receivable, net of allowance for doubtful accounts of $687 and $944	52,894	69,905
	Inventories	1,130	938
	Other current assets	33,030	25,723
	Total current assets	189,066	191,131
	Property and equipment, net of accumulated depreciation of $98,880 and $93,653	230,861	204,966
	Operating lease right-of-use assets	24,791	24,823
	Equity and other investments	11,465	15,405
	Goodwill	119,497	119,509
	Intangible assets, net	21,236	22,604
	Other long-term assets	39,435	40,565
	Total assets	$ 636,351	$ 619,003
	Liabilities and stockholders' equity
	Current liabilities:
	Accounts payable	$ 32,580	$ 27,724
	Current portion of long-term debt	7,832	2,999
	Accrued compensation	9,201	13,709
	Short-term income taxes	3,655	7,211
	Short-term unearned revenue	58,987	64,555
	Other current liabilities	22,741	25,020
	Total current liabilities	134,996	141,218
	Long-term debt	35,376	40,152
	Long-term income taxes	26,569	25,986
	Long-term unearned revenue	2,546	2,710
	Deferred income taxes	2,852	2,835
	Operating lease liabilities	17,348	17,437
	Other long-term liabilities	53,588	45,186
	Total liabilities	273,275	275,524
	Commitments and contingencies
	Stockholders' equity:
	Common stock and paid-in capital - shares authorized 24,000; outstanding 7,434 and 7,434	110,964	109,095
	Retained earnings	254,873	237,731
	Accumulated other comprehensive loss	(2,761)	(3,347)
	Total stockholders' equity	363,076	343,479
	Total liabilities and stockholders' equity	$ 636,351	$ 619,003

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