Cash provided by operations for the six months ended July 31, 2026 was $8.0 billion, an increase of 10 percent

General and administrative expenses as a percentage of total revenues decreased by approximately one percent compared to the same periods a year ago due to revenue growth outpacing our general and administrative expenses growth

We expect that sales and marketing expenses may decrease as a percentage of revenues over time as we continue to focus on leveraging our self-serve and partner-led channels and increasing our sales productivity

We have undertaken various restructuring initiatives to improve operating margins and continue advancing our ongoing commitment to profitable growth

In March 2026, we entered into accelerated share repurchase agreements to repurchase an aggregate of $25.0 billion of our common stock

As of July 31, 2026, we were authorized to purchase a remaining $22.9 billion of the Company's common stock under the Share Repurchase Program

It held on this filing. No finding was written because nothing in it bore on the reason — the sentences it was read against are below.