Total software revenue was $23.2 billion across all product areas and services, an increase of 4%, and total subscription revenue increased 1%
Deferred revenue was $29.8 billion as of July 25, 2026 compared to $28.8 billion as of July 26, 2025
We recognized approximately $16.4 billion of revenue during fiscal 2026 that was included in the deferred revenue balance at July 26, 2025
We expect to recognize approximately 49% of total remaining performance obligations as revenue over the next 12 months
no findingread · nothing bore on it
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.
the evidence · every sentence checkedfour sentences · whole, uncut
the claims it rests on · in our words, not the filing’s