{"id":135180,"date":"2025-04-30T20:10:30","date_gmt":"2025-04-30T20:10:30","guid":{"rendered":"https:\/\/news.microsoft.com\/?p=449659"},"modified":"2025-04-30T20:10:30","modified_gmt":"2025-04-30T20:10:30","slug":"microsoft-cloud-and-ai-strength-drives-third-quarter-results","status":"publish","type":"post","link":"https:\/\/sickgaming.net\/blog\/2025\/04\/30\/microsoft-cloud-and-ai-strength-drives-third-quarter-results\/","title":{"rendered":"Microsoft Cloud and AI strength drives third quarter results"},"content":{"rendered":"<p><!-- Press Release content starts here --> <\/p>\n<p class=\"MsoNormal\"><b><span>Microsoft Cloud and AI Strength Drives Third Quarter Results<\/span><\/b><\/p>\n<p class=\"MsoNormal\"><b><span>REDMOND, Wash. \u2014 April 30, 2025<\/span><\/b><b><span> <\/span><\/b><b><span>\u2014 <\/span><\/b><span>Microsoft Corp. today announced the following results for the quarter ended March 31, 2025, as compared to the corresponding period of last fiscal year:<\/span><\/p>\n<p class=\"MsoListParagraphCxSpFirst\"><span>\u00b7<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><span>Revenue was $70.1 billion and increased 13% (up 15% in constant currency)<\/span><\/p>\n<p class=\"MsoListParagraphCxSpMiddle\"><span>\u00b7<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><span>Operating income was $32.0 billion and increased 16% (up 19% in constant currency)<\/span><\/p>\n<p class=\"MsoListParagraphCxSpMiddle\"><span>\u00b7<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><span>Net income was $25.8 billion and increased 18% (up 19% in constant currency)<\/span><\/p>\n<p class=\"MsoListParagraphCxSpLast\"><span>\u00b7<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><span>Diluted earnings per share was $3.46 and increased 18% (up 19% in constant currency)<\/span><\/p>\n<p class=\"MsoNormal\"><span>\u201cCloud and AI are the essential inputs for every business to expand output, reduce costs, and accelerate growth,&#8221; said Satya Nadella, chairman and chief executive officer of Microsoft. \u201cFrom AI infra and platforms to apps, we are innovating across the stack to deliver for our customers.\u201d<\/span><\/p>\n<p class=\"MsoNormal\"><span>\u201cWe delivered a strong quarter with Microsoft Cloud revenue of $42.4 billion, up 20% (up 22% in constant currency) year-over-year driven by continued demand for our differentiated offerings,\u201d said Amy Hood, executive vice president and chief financial officer of Microsoft. <\/span><\/p>\n<p class=\"MsoNormal\"><b><span>Business Highlights<\/span><\/b><\/p>\n<p class=\"MsoNormal\"><span>Revenue in Productivity and Business Processes was $29.9 billion and increased 10% (up 13% in constant currency), with the following business highlights:<\/span><\/p>\n<p class=\"MsoListParagraphCxSpFirst\"><span>\u00b7<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><span>Microsoft 365 Commercial products and cloud services revenue increased 11% (up 14% in constant currency) driven by Microsoft 365 Commercial cloud revenue growth of 12% (up 15% in constant currency)<\/span><\/p>\n<p class=\"MsoListParagraphCxSpMiddle\"><span>\u00b7<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><span>Microsoft 365 Consumer products and cloud services revenue increased 10% (up 12% in constant currency) driven by Microsoft 365 Consumer cloud revenue growth of 10% (up 12% in constant currency)<\/span><\/p>\n<p class=\"MsoListParagraphCxSpMiddle\"><span>\u00b7<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><span>LinkedIn revenue increased 7% (up 8% in constant currency)<\/span><\/p>\n<p class=\"MsoListParagraphCxSpLast\"><span>\u00b7<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><span>Dynamics products and cloud services revenue increased 11% (up 13% in constant currency) driven by Dynamics 365 revenue growth of 16% (up 18% in constant currency)<\/span><\/p>\n<p class=\"MsoNormal\"><span>Revenue in Intelligent Cloud was $26.8 billion and increased 21% (up 22% in constant currency), with the following business highlights:<\/span><\/p>\n<p class=\"MsoListParagraph\"><span>\u00b7<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><span>Server products and cloud services revenue increased 22% (up 24% in constant currency) driven by Azure and other cloud services revenue growth of 33% (up 35% in constant currency)<\/span><\/p>\n<p class=\"MsoNormal\"><span>Revenue in More Personal Computing was $13.4 billion and increased 6% (up 7% in constant currency), with the following business highlights:<\/span><\/p>\n<p class=\"MsoListParagraphCxSpFirst\"><span>\u00b7<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><span>Windows OEM and Devices revenue increased 3%<\/span><\/p>\n<p class=\"MsoListParagraphCxSpMiddle\"><span>\u00b7<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><span>Xbox content and services revenue increased 8% (up 9% in constant currency)<\/span><\/p>\n<p class=\"MsoListParagraphCxSpLast\"><span>\u00b7<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><span>Search and news advertising revenue excluding traffic acquisition costs increased 21% (up 23% in constant currency)<\/span><\/p>\n<p class=\"MsoNormal\"><span>Microsoft returned $9.7 billion to shareholders in the form of dividends and share repurchases in the third quarter of fiscal year 2025.<\/span><\/p>\n<p class=\"MsoNormal\"><b><span>Business Outlook<\/span><\/b><\/p>\n<p class=\"MsoNormal\"><span>Microsoft will provide forward-looking guidance in connection with this quarterly earnings announcement on its earnings conference call and webcast. <\/span><\/p>\n<p class=\"MsoNormal\"><b><span>Quarterly Highlights, Product Releases, and Enhancements&nbsp;<\/span><\/b><\/p>\n<p class=\"paragraph\"><span>Every quarter Microsoft delivers hundreds of products, either as new releases, services, or enhancements to current products and services. These releases are a result of significant research and development investments, made over multiple years, designed to help customers be more productive and secure and to deliver differentiated value across the cloud and the edge. <\/span><\/p>\n<p class=\"paragraph\"><span>Here are the <\/span><a href=\"https:\/\/aka.ms\/MSFTFY25Q3ProductReleaseList\"><span>major product releases and other highlights<\/span><\/a><span> <\/span><span>for the quarter, organized by product categories, to help illustrate how we are accelerating innovation across our businesses while expanding our market opportunities.<\/span><\/p>\n<p><b><span>Environmental, Social, and Governance (ESG)<\/span><\/b><\/p>\n<p><span>To learn more about Microsoft\u2019s corporate governance and our environmental and social practices, please visit our investor relations <\/span><a href=\"https:\/\/www.microsoft.com\/en-us\/Investor\/corporate-governance\/overview.aspx\"><span>Board and ESG website<\/span><\/a><span> and reporting at <\/span><a href=\"https:\/\/www.microsoft.com\/en-us\/corporate-responsibility\/reports-hub?SilentAuth=1&amp;wa=wsignin1.0\"><span>Microsoft.com\/transparency<\/span><\/a><span>.<\/span><span>&nbsp;<\/span><\/p>\n<p><b><span>Webcast Details<\/span><\/b><\/p>\n<p class=\"MsoNormal\"><span>Satya Nadella, chairman and chief executive officer, Amy Hood, executive vice president and chief financial officer, Alice Jolla, chief accounting officer, Keith Dolliver, corporate secretary and<\/span><span> <\/span><span>deputy general counsel, and Jonathan Neilson, vice president of investor relations, will host a conference call and webcast at 2:30 p.m. Pacific time (5:30 p.m. Eastern time) today to discuss details of the company\u2019s performance for the quarter and certain forward-looking information. The session may be accessed at <\/span><a href=\"http:\/\/www.microsoft.com\/en-us\/investor\"><span>http:\/\/www.microsoft.com\/en-us\/investor<\/span><\/a><span>. The webcast will be available for replay through the close of business on April 30, 2026.<\/span><\/p>\n<p class=\"MsoNormal\"><b><span>Constant Currency<\/span><\/b><\/p>\n<p class=\"MsoNormal\"><span>Microsoft presents constant currency information to provide a framework for assessing how our underlying businesses performed excluding the effect of foreign currency rate fluctuations. To present this information, current and comparative prior period results for entities reporting in currencies other than United States dollars are converted into United States dollars using the average exchange rates from the comparative period rather than the actual exchange rates in effect during the respective periods. All growth comparisons relate to the corresponding period in the last fiscal year. Microsoft has provided this non-GAAP financial information to aid investors in better understanding our performance. The non-GAAP financial measures presented in this release should not be considered as a substitute for, or superior to, the measures of financial performance prepared in accordance with GAAP.<\/span><b><span><br \/> <\/span><\/b><\/p>\n<p class=\"MsoNormal\"><b><span>Financial Performance Constant Currency Reconciliation<\/span><\/b><\/p>\n<table class=\"MsoNormalTable\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\" width=\"100%\">\n<thead>\n<tr>\n<th width=\"54%\" valign=\"top\" scope=\"col\">\n<p class=\"MsoNormal\"><span>&nbsp;<\/span><\/p>\n<\/th>\n<th width=\"45%\" colspan=\"4\" valign=\"top\" id=\"subcategoryPeriod3\" scope=\"colgroup\">\n<p class=\"MsoNormal\" align=\"center\"><b><span>Three Months Ended March 31,<\/span><\/b><\/p>\n<\/th>\n<\/tr>\n<tr>\n<th width=\"54%\" valign=\"bottom\" scope=\"col\" id=\"T3\">\n<p class=\"MsoNormal\"><span>&nbsp;($ in millions, except per share amounts)<\/span><\/p>\n<\/th>\n<th width=\"12%\" valign=\"bottom\" id=\"subcategoryRevenue3\" scope=\"col\">\n<p class=\"MsoNormal\" align=\"center\"><b><span>Revenue<\/span><\/b><\/p>\n<\/th>\n<th width=\"10%\" valign=\"bottom\" id=\"subcategoryOI3\" scope=\"col\">\n<p class=\"MsoNormal\" align=\"center\"><b><span>Operating Income <\/span><\/b><\/p>\n<\/th>\n<th width=\"10%\" valign=\"bottom\" id=\"subcategoryNI3\" scope=\"col\">\n<p class=\"MsoNormal\" align=\"center\"><b><span>Net Income <\/span><\/b><\/p>\n<\/th>\n<th width=\"11%\" valign=\"bottom\" id=\"subcategoryDEPS3\" scope=\"col\">\n<p class=\"MsoNormal\" align=\"center\"><b><span>Diluted Earnings per Share<\/span><\/b><\/p>\n<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<th width=\"54%\" scope=\"row\">\n<p class=\"MsoNormal\"><b><span>2024 As Reported (GAAP) <\/span><\/b><\/p>\n<\/th>\n<td width=\"12%\" headers=\"subcategoryPeriod3 subcategoryRevenue3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>$61,858<\/span><\/b><\/p>\n<\/td>\n<td width=\"10%\" headers=\"subcategoryPeriod3 subcategoryOI3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>$27,581<\/span><\/b><\/p>\n<\/td>\n<td width=\"10%\" headers=\"subcategoryPeriod3 subcategoryNI3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>$21,939<\/span><\/b><\/p>\n<\/td>\n<td width=\"11%\" headers=\"subcategoryPeriod3 subcategoryDEPS3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>$2.94<\/span><\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"54%\" scope=\"row\">\n<p class=\"MsoNormal\"><b><span>2025 As Reported (GAAP)<\/span><\/b><\/p>\n<\/th>\n<td width=\"12%\" headers=\"subcategoryPeriod3 subcategoryRevenue3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>$70,066<\/span><\/b><\/p>\n<\/td>\n<td width=\"10%\" headers=\"subcategoryPeriod3 subcategoryOI3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>$32,000<\/span><\/b><\/p>\n<\/td>\n<td width=\"10%\" headers=\"subcategoryPeriod3 subcategoryNI3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>$25,824<\/span><\/b><\/p>\n<\/td>\n<td width=\"11%\" headers=\"subcategoryPeriod3 subcategoryDEPS3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>$3.46<\/span><\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"54%\" scope=\"row\">\n<p class=\"MsoNormal\"><span lang=\"FR\">Percentage Change Y\/Y (GAAP)<\/span><\/p>\n<\/th>\n<td width=\"12%\" headers=\"subcategoryPeriod3 subcategoryRevenue3\">\n<p class=\"MsoNormal\" align=\"right\"><span>13%<\/span><\/p>\n<\/td>\n<td width=\"10%\" headers=\"subcategoryPeriod3 subcategoryOI3\">\n<p class=\"MsoNormal\" align=\"right\"><span>16%<\/span><\/p>\n<\/td>\n<td width=\"10%\" headers=\"subcategoryPeriod3 subcategoryNI3\">\n<p class=\"MsoNormal\" align=\"right\"><span>18%<\/span><\/p>\n<\/td>\n<td width=\"11%\" headers=\"subcategoryPeriod3 subcategoryDEPS3\">\n<p class=\"MsoNormal\" align=\"right\"><span>18%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"54%\" scope=\"row\">\n<p class=\"MsoNormal\"><b><span>Constant Currency Impact<\/span><\/b><\/p>\n<\/th>\n<td width=\"12%\" headers=\"subcategoryPeriod3 subcategoryRevenue3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>$(1,059)<\/span><\/b><\/p>\n<\/td>\n<td width=\"10%\" headers=\"subcategoryPeriod3 subcategoryOI3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>$(703)<\/span><\/b><\/p>\n<\/td>\n<td width=\"10%\" headers=\"subcategoryPeriod3 subcategoryNI3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>$(392)<\/span><\/b><\/p>\n<\/td>\n<td width=\"11%\" headers=\"subcategoryPeriod3 subcategoryDEPS3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>$(0.05)<\/span><\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"54%\" scope=\"row\">\n<p class=\"MsoNormal\"><span lang=\"FR\">Percentage Change Y\/Y Constant Currency<\/span><\/p>\n<\/th>\n<td width=\"12%\" headers=\"subcategoryPeriod3 subcategoryRevenue3\">\n<p class=\"MsoNormal\" align=\"right\"><span>15%<\/span><\/p>\n<\/td>\n<td width=\"10%\" headers=\"subcategoryPeriod3 subcategoryOI3\">\n<p class=\"MsoNormal\" align=\"right\"><span>19%<\/span><\/p>\n<\/td>\n<td width=\"10%\" headers=\"subcategoryPeriod3 subcategoryNI3\">\n<p class=\"MsoNormal\" align=\"right\"><span>19%<\/span><\/p>\n<\/td>\n<td width=\"11%\" headers=\"subcategoryPeriod3 subcategoryDEPS3\">\n<p class=\"MsoNormal\" align=\"right\"><span>19%<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p class=\"MsoNormal\"><b><span>&nbsp;<\/span><\/b><\/p>\n<p class=\"MsoNormal\"><b><span>Segment Revenue Constant Currency Reconciliation<\/span><\/b><\/p>\n<table class=\"MsoNormalTable\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\" width=\"100%\">\n<thead>\n<tr>\n<th width=\"51%\" valign=\"top\" scope=\"col\">\n<p class=\"MsoNormal\"><span>&nbsp;<\/span><\/p>\n<\/th>\n<th width=\"48%\" colspan=\"3\" valign=\"top\" id=\"subcategoryPeriod4\" scope=\"colgroup\">\n<p class=\"MsoNormal\" align=\"center\"><b><span>Three Months Ended March 31,<\/span><\/b><\/p>\n<\/th>\n<\/tr>\n<tr>\n<th width=\"51%\" valign=\"bottom\" scope=\"col\" id=\"T3\">\n<p class=\"MsoNormal\"><span>&nbsp;($ in millions)<\/span><\/p>\n<\/th>\n<th width=\"18%\" valign=\"bottom\" id=\"subcategoryS1\" scope=\"col\">\n<p class=\"MsoNormal\" align=\"center\"><b><span>Productivity and Business Processes<\/span><\/b><\/p>\n<\/th>\n<th width=\"16%\" valign=\"bottom\" id=\"subcategoryS2\" scope=\"col\">\n<p class=\"MsoNormal\" align=\"center\"><b><span>Intelligent Cloud<\/span><\/b><\/p>\n<\/th>\n<th width=\"14%\" valign=\"bottom\" id=\"subcategoryS3\" scope=\"col\">\n<p class=\"MsoNormal\" align=\"center\"><b><span>More Personal Computing<\/span><\/b><\/p>\n<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<th width=\"51%\" scope=\"row\">\n<p class=\"MsoNormal\"><b><span>2024 As Reported (GAAP)<\/span><\/b><\/p>\n<\/th>\n<td width=\"18%\" headers=\"subcategoryPeriod4 subcategoryS1\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>$27,113<\/span><\/b><\/p>\n<\/td>\n<td width=\"16%\" headers=\"subcategoryPeriod4 subcategoryS2\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>$22,141<\/span><\/b><\/p>\n<\/td>\n<td width=\"14%\" headers=\"subcategoryPeriod4 subcategoryS3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>$12,604<\/span><\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"51%\" scope=\"row\">\n<p class=\"MsoNormal\"><b><span>2025 As Reported (GAAP)<\/span><\/b><b><span> <\/span><\/b><\/p>\n<\/th>\n<td width=\"18%\" headers=\"subcategoryPeriod4 subcategoryS1\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>$29,944<\/span><\/b><\/p>\n<\/td>\n<td width=\"16%\" headers=\"subcategoryPeriod4 subcategoryS2\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>$26,751<\/span><\/b><\/p>\n<\/td>\n<td width=\"14%\" headers=\"subcategoryPeriod4 subcategoryS3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>$13,371<\/span><\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"51%\" scope=\"row\">\n<p class=\"MsoNormal\"><span lang=\"FR\">Percentage Change Y\/Y (GAAP)<\/span><\/p>\n<\/th>\n<td width=\"18%\" headers=\"subcategoryPeriod4 subcategoryS1\">\n<p class=\"MsoNormal\" align=\"right\"><span>10%<\/span><\/p>\n<\/td>\n<td width=\"16%\" headers=\"subcategoryPeriod4 subcategoryS2\">\n<p class=\"MsoNormal\" align=\"right\"><span>21%<\/span><\/p>\n<\/td>\n<td width=\"14%\" headers=\"subcategoryPeriod4 subcategoryS3\">\n<p class=\"MsoNormal\" align=\"right\"><span>6%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"51%\" scope=\"row\">\n<p class=\"MsoNormal\"><b><span>Constant Currency Impact<\/span><\/b><\/p>\n<\/th>\n<td width=\"18%\" headers=\"subcategoryPeriod4 subcategoryS1\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>$(626)<\/span><\/b><\/p>\n<\/td>\n<td width=\"16%\" headers=\"subcategoryPeriod4 subcategoryS2\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>$(308)<\/span><\/b><\/p>\n<\/td>\n<td width=\"14%\" headers=\"subcategoryPeriod4 subcategoryS3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>$(125)<\/span><\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"51%\" scope=\"row\">\n<p class=\"MsoNormal\"><span lang=\"FR\">Percentage Change Y\/Y Constant Currency<\/span><\/p>\n<\/th>\n<td width=\"18%\" headers=\"subcategoryPeriod4 subcategoryS1\">\n<p class=\"MsoNormal\" align=\"right\"><span>13%<\/span><\/p>\n<\/td>\n<td width=\"16%\" headers=\"subcategoryPeriod4 subcategoryS2\">\n<p class=\"MsoNormal\" align=\"right\"><span>22%<\/span><\/p>\n<\/td>\n<td width=\"14%\" headers=\"subcategoryPeriod4 subcategoryS3\">\n<p class=\"MsoNormal\" align=\"right\"><span>7%<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p class=\"MsoNormal\"><span>We have recast certain prior period amounts to conform to the way we internally manage and monitor our business.<\/span><\/p>\n<p class=\"MsoNormal\"><b><span>Selected Product and Service Revenue Constant Currency Reconciliation&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/b><\/p>\n<table class=\"MsoNormalTable\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\" width=\"100%\">\n<thead>\n<tr>\n<th width=\"49%\" valign=\"top\" scope=\"col\">\n<p class=\"MsoNormal\"><span>&nbsp;<\/span><\/p>\n<\/th>\n<th width=\"51%\" colspan=\"3\" valign=\"top\" id=\"subcategoryPeriod5\" scope=\"colgroup\">\n<p class=\"MsoNormal\" align=\"center\"><b><span>Three Months Ended March 31, 2025<\/span><\/b><\/p>\n<\/th>\n<\/tr>\n<tr>\n<th width=\"49%\" valign=\"bottom\" scope=\"col\"><\/th>\n<th width=\"17%\" valign=\"bottom\" id=\"subcategoryPC\" scope=\"col\">\n<p class=\"MsoNormal\" align=\"center\"><b><span lang=\"FR\">Percentage Change Y\/Y (GAAP)<\/span><\/b><\/p>\n<\/th>\n<th width=\"15%\" valign=\"bottom\" id=\"subcategoryCCI\" scope=\"col\">\n<p class=\"MsoNormal\" align=\"center\"><b><span>Constant Currency Impact<\/span><\/b><\/p>\n<\/th>\n<th width=\"17%\" valign=\"bottom\" id=\"subcategoryPCC\" scope=\"col\">\n<p class=\"MsoNormal\" align=\"center\"><b><span lang=\"FR\">Percentage Change Y\/Y Constant Currency<\/span><\/b><\/p>\n<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<th width=\"49%\" scope=\"row\">\n<p class=\"MsoNormal\"><b><span>Microsoft Cloud<\/span><\/b><\/p>\n<\/th>\n<td width=\"17%\" headers=\"subcategoryPeriod5 subcategoryPC\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>20%<\/span><\/b><\/p>\n<\/td>\n<td width=\"15%\" headers=\"subcategoryPeriod5 subcategoryCCI\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>2%<\/span><\/b><\/p>\n<\/td>\n<td width=\"17%\" headers=\"subcategoryPeriod5 subcategoryPCC\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>22%<\/span><\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"49%\" scope=\"row\">\n<p class=\"MsoNormal\"><b><span>Microsoft 365 Commercial products and cloud services<\/span><\/b><\/p>\n<\/th>\n<td width=\"17%\" headers=\"subcategoryPeriod5 subcategoryPC\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>11%<\/span><\/b><\/p>\n<\/td>\n<td width=\"15%\" headers=\"subcategoryPeriod5 subcategoryCCI\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>3%<\/span><\/b><\/p>\n<\/td>\n<td width=\"17%\" headers=\"subcategoryPeriod5 subcategoryPCC\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>14%<\/span><\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"49%\" scope=\"row\">\n<p class=\"MsoNormal\"><b><span>Microsoft 365 Commercial cloud<\/span><\/b><\/p>\n<\/th>\n<td width=\"17%\" headers=\"subcategoryPeriod5 subcategoryPC\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>12%<\/span><\/b><\/p>\n<\/td>\n<td width=\"15%\" headers=\"subcategoryPeriod5 subcategoryCCI\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>3%<\/span><\/b><\/p>\n<\/td>\n<td width=\"17%\" headers=\"subcategoryPeriod5 subcategoryPCC\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>15%<\/span><\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"49%\" scope=\"row\">\n<p class=\"MsoNormal\"><b><span>Microsoft 365 Consumer products and cloud services<\/span><\/b><\/p>\n<\/th>\n<td width=\"17%\" headers=\"subcategoryPeriod5 subcategoryPC\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>10%<\/span><\/b><\/p>\n<\/td>\n<td width=\"15%\" headers=\"subcategoryPeriod5 subcategoryCCI\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>2%<\/span><\/b><\/p>\n<\/td>\n<td width=\"17%\" headers=\"subcategoryPeriod5 subcategoryPCC\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>12%<\/span><\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"49%\" scope=\"row\">\n<p class=\"MsoNormal\"><b><span>Microsoft 365 Consumer cloud<\/span><\/b><\/p>\n<\/th>\n<td width=\"17%\" headers=\"subcategoryPeriod5 subcategoryPC\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>10%<\/span><\/b><\/p>\n<\/td>\n<td width=\"15%\" headers=\"subcategoryPeriod5 subcategoryCCI\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>2%<\/span><\/b><\/p>\n<\/td>\n<td width=\"17%\" headers=\"subcategoryPeriod5 subcategoryPCC\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>12%<\/span><\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"49%\" scope=\"row\">\n<p class=\"MsoNormal\"><b><span>LinkedIn<\/span><\/b><\/p>\n<\/th>\n<td width=\"17%\" headers=\"subcategoryPeriod5 subcategoryPC\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>7%<\/span><\/b><\/p>\n<\/td>\n<td width=\"15%\" headers=\"subcategoryPeriod5 subcategoryCCI\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>1%<\/span><\/b><\/p>\n<\/td>\n<td width=\"17%\" headers=\"subcategoryPeriod5 subcategoryPCC\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>8%<\/span><\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"49%\" scope=\"row\">\n<p class=\"MsoNormal\"><b><span>Dynamics products and cloud services<\/span><\/b><\/p>\n<\/th>\n<td width=\"17%\" headers=\"subcategoryPeriod5 subcategoryPC\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>11%<\/span><\/b><\/p>\n<\/td>\n<td width=\"15%\" headers=\"subcategoryPeriod5 subcategoryCCI\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>2%<\/span><\/b><\/p>\n<\/td>\n<td width=\"17%\" headers=\"subcategoryPeriod5 subcategoryPCC\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>13%<\/span><\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"49%\" scope=\"row\">\n<p class=\"MsoNormal\"><b><span>Dynamics 365<\/span><\/b><\/p>\n<\/th>\n<td width=\"17%\" headers=\"subcategoryPeriod5 subcategoryPC\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>16%<\/span><\/b><\/p>\n<\/td>\n<td width=\"15%\" headers=\"subcategoryPeriod5 subcategoryCCI\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>2%<\/span><\/b><\/p>\n<\/td>\n<td width=\"17%\" headers=\"subcategoryPeriod5 subcategoryPCC\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>18%<\/span><\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"49%\" scope=\"row\">\n<p class=\"MsoNormal\"><b><span>Server products and cloud services<\/span><\/b><\/p>\n<\/th>\n<td width=\"17%\" headers=\"subcategoryPeriod5 subcategoryPC\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>22%<\/span><\/b><\/p>\n<\/td>\n<td width=\"15%\" headers=\"subcategoryPeriod5 subcategoryCCI\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>2%<\/span><\/b><\/p>\n<\/td>\n<td width=\"17%\" headers=\"subcategoryPeriod5 subcategoryPCC\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>24%<\/span><\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"49%\" scope=\"row\">\n<p class=\"MsoNormal\"><b><span>Azure and other cloud services<\/span><\/b><\/p>\n<\/th>\n<td width=\"17%\" headers=\"subcategoryPeriod5 subcategoryPC\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>33%<\/span><\/b><\/p>\n<\/td>\n<td width=\"15%\" headers=\"subcategoryPeriod5 subcategoryCCI\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>2%<\/span><\/b><\/p>\n<\/td>\n<td width=\"17%\" headers=\"subcategoryPeriod5 subcategoryPCC\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>35%<\/span><\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"49%\" scope=\"row\">\n<p class=\"MsoNormal\"><b><span>Windows OEM and Devices<\/span><\/b><\/p>\n<\/th>\n<td width=\"17%\" headers=\"subcategoryPeriod5 subcategoryPC\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>3%<\/span><\/b><\/p>\n<\/td>\n<td width=\"15%\" headers=\"subcategoryPeriod5 subcategoryCCI\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>0%<\/span><\/b><\/p>\n<\/td>\n<td width=\"17%\" headers=\"subcategoryPeriod5 subcategoryPCC\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>3%<\/span><\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"49%\" scope=\"row\">\n<p class=\"MsoNormal\"><b><span>Xbox content and services <\/span><\/b><\/p>\n<\/th>\n<td width=\"17%\" headers=\"subcategoryPeriod5 subcategoryPC\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>8%<\/span><\/b><\/p>\n<\/td>\n<td width=\"15%\" headers=\"subcategoryPeriod5 subcategoryCCI\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>1%<\/span><\/b><\/p>\n<\/td>\n<td width=\"17%\" headers=\"subcategoryPeriod5 subcategoryPCC\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>9%<\/span><\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"49%\" scope=\"row\">\n<p class=\"MsoNormal\"><b><span>Search and news advertising excluding traffic acquisition costs<\/span><\/b><\/p>\n<\/th>\n<td width=\"17%\" headers=\"subcategoryPeriod5 subcategoryPC\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>21%<\/span><\/b><\/p>\n<\/td>\n<td width=\"15%\" headers=\"subcategoryPeriod5 subcategoryCCI\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>2%<\/span><\/b><\/p>\n<\/td>\n<td width=\"17%\" headers=\"subcategoryPeriod5 subcategoryPCC\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>23%<\/span><\/b><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p class=\"MsoNormal\"><b><span>&nbsp;<\/span><\/b><\/p>\n<p class=\"MsoNoSpacing\"><b><span>About Microsoft<\/span><\/b><\/p>\n<p class=\"MsoNoSpacing\"><span>Microsoft (Nasdaq \u201cMSFT\u201d @microsoft) creates platforms and tools powered by AI to deliver innovative solutions that meet the evolving needs of our customers. The technology company is committed to making AI available broadly and doing so responsibly, with a mission to empower every person and every organization on the planet to achieve more.<\/span><\/p>\n<p class=\"MsoNoSpacing\"><b><span>Forward-Looking Statements<\/span><\/b><\/p>\n<p class=\"MsoNoSpacing\"><span>Statements in this release that are \u201cforward-looking statements\u201d are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors such as: <\/span><\/p>\n<p class=\"MsoNoSpacing\"><span>\u00b7<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><span>intense competition in all of our markets that may adversely affect our results of operations;<\/span><\/p>\n<p class=\"MsoNoSpacing\"><span>\u00b7<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><span>focus on cloud-based and AI services presenting execution and competitive risks;<\/span><\/p>\n<p class=\"MsoNoSpacing\"><span>\u00b7<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><span>significant investments in products and services that may not achieve expected returns;<\/span><\/p>\n<p class=\"MsoNoSpacing\"><span>\u00b7<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><span>acquisitions, joint ventures, and strategic alliances that may have an adverse effect on our business;<\/span><\/p>\n<p class=\"MsoNoSpacing\"><span>\u00b7<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><span>impairment of goodwill or amortizable intangible assets causing a significant charge to earnings;<\/span><\/p>\n<p class=\"MsoNoSpacing\"><span>\u00b7<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><span>cyberattacks and security vulnerabilities that could lead to reduced revenue, increased costs, liability claims, or harm to our reputation or competitive position;<\/span><\/p>\n<p class=\"MsoNoSpacing\"><span>\u00b7<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><span>disclosure and misuse of personal data that could cause liability and harm to our reputation; <\/span><\/p>\n<p class=\"MsoNoSpacing\"><span>\u00b7<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><span>the possibility that we may not be able to protect information stored in our products and services from use by others;<\/span><\/p>\n<p class=\"MsoNoSpacing\"><span>\u00b7<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><span>abuse of our advertising, professional, marketplace, or gaming platforms that may harm our reputation or user engagement;<\/span><\/p>\n<p class=\"MsoNoSpacing\"><span>\u00b7<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><span>products and services, how they are used by customers, and how third-party products and services interact with them, presenting security, privacy, and execution risks;<\/span><\/p>\n<p class=\"MsoNoSpacing\"><span>\u00b7<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><span>issues about the use of AI in our offerings that may result in reputational or competitive harm, or legal liability; <\/span><\/p>\n<p class=\"MsoNoSpacing\"><span>\u00b7<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><span>excessive outages, data losses, and disruptions of our online services if we fail to maintain an adequate operations infrastructure;<\/span><\/p>\n<p class=\"MsoNoSpacing\"><span>\u00b7<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><span>supply or quality problems;<\/span><\/p>\n<p class=\"MsoNoSpacing\"><span>\u00b7<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><span>government enforcement under competition laws and new market regulation may limit how we design and market our products;<\/span><\/p>\n<p class=\"MsoNoSpacing\"><span>\u00b7<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><span>potential consequences of trade and anti-corruption laws;<\/span><\/p>\n<p class=\"MsoNoSpacing\"><span>\u00b7<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><span>potential consequences of existing and increasing legal and regulatory requirements;<\/span><\/p>\n<p class=\"MsoNoSpacing\"><span>\u00b7<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><span>laws and regulations relating to the handling of personal data that may impede the adoption of our services or result in increased costs, legal claims, fines, or reputational damage; <\/span><\/p>\n<p class=\"MsoNoSpacing\"><span>\u00b7<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><span>claims against us that may result in adverse outcomes in legal disputes;<\/span><\/p>\n<p class=\"MsoNoSpacing\"><span>\u00b7<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><span>uncertainties relating to our business with government customers;<\/span><\/p>\n<p class=\"MsoNoSpacing\"><span>\u00b7<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><span>additional tax liabilities;<\/span><\/p>\n<p class=\"MsoNoSpacing\"><span>\u00b7<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><span>sustainability regulations and expectations that may expose us to increased costs and legal and reputational risk;<\/span><\/p>\n<p class=\"MsoNoSpacing\"><span>\u00b7<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><span>an inability to protect and utilize our intellectual property may harm our business and operating results;<\/span><\/p>\n<p class=\"MsoNoSpacing\"><span>\u00b7<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><span>claims that Microsoft has infringed the intellectual property rights of others;<\/span><\/p>\n<p class=\"MsoNoSpacing\"><span>\u00b7<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><span>damage to our reputation or our brands that may harm our business and results of operations;<\/span><\/p>\n<p class=\"MsoNoSpacing\"><span>\u00b7<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><span>adverse economic or market conditions that may harm our business; <\/span><\/p>\n<p class=\"MsoNoSpacing\"><span>\u00b7<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><span>catastrophic events or geo-political conditions, such as the COVID-19 pandemic, that may disrupt our business; <\/span><\/p>\n<p class=\"MsoNoSpacing\"><span>\u00b7<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><span>exposure to increased economic and operational uncertainties from operating a global business, including the effects of foreign currency exchange; and<\/span><\/p>\n<p class=\"MsoNoSpacing\"><span>\u00b7<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><span>the dependence of our business on our ability to attract and retain talented employees.<\/span><\/p>\n<p class=\"MsoNoSpacing\"><span>For more information about risks and uncertainties associated with Microsoft\u2019s business, please refer to the \u201cManagement\u2019s Discussion and Analysis of Financial Condition and Results of Operations\u201d and \u201cRisk Factors\u201d sections of Microsoft\u2019s SEC filings, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q, copies of which may be obtained by contacting Microsoft\u2019s Investor Relations department at (800) 285-7772 or at Microsoft\u2019s Investor Relations website at <\/span><a href=\"http:\/\/www.microsoft.com\/en-us\/investor\"><span>http:\/\/www.microsoft.com\/en-us\/investor<\/span><\/a><span>.<\/span><\/p>\n<p class=\"MsoNoSpacing\"><span>All information in this release is as of March 31, 2025. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company\u2019s expectations.<\/span><\/p>\n<p class=\"MsoNoSpacing\"><b><span>For more information, press only: <\/span><\/b><\/p>\n<p class=\"MsoNormal\"><span>Microsoft Media Relations, WE Communications for Microsoft, (425) 638-7777,<\/span><span> <\/span><a href=\"mailto:rrt@we-worldwide.com\"><span>rrt@we-worldwide.com<\/span><\/a><span> <\/span><\/p>\n<p class=\"MsoNoSpacing\"><b><span>For more information, financial analysts and investors only: <\/span><\/b><\/p>\n<p class=\"MsoNoSpacing\"><span>Jonathan Neilson, Vice President, Investor Relations, (425) 706-4400<\/span><\/p>\n<p class=\"MsoNoSpacing\"><span>Note to editors: For more information, news and perspectives from Microsoft, please visit the Microsoft News Center <\/span><span>at <\/span><a href=\"http:\/\/www.microsoft.com\/news\"><span>http:\/\/www.microsoft.com\/news<\/span><\/a><span>. Web links, telephone numbers, and titles were correct at time of publication, but may since have changed. Shareholder and financial information, as well as today\u2019s 2:30 p.m. Pacific time conference call with investors and analysts, is available at <\/span><a href=\"http:\/\/www.microsoft.com\/en-us\/investor\"><span>http:\/\/www.microsoft.com\/en-us\/investor<\/span><\/a><span>.<\/span><\/p>\n<p> <span><br \/> <\/span> <\/p>\n<p class=\"MsoNormal\"><span>&nbsp;<\/span><\/p>\n<table class=\"MsoNormalTable\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\" width=\"100%\">\n<caption>\n<p class=\"MsoNormal\"><b><span>MICROSOFT CORPORATION<\/span><\/b><\/p>\n<p class=\"MsoNormal\" align=\"center\"><span>INCOME STATEMENTS<\/span><\/p>\n<p class=\"MsoNormal\" align=\"center\"><span>(In millions, except per share amounts) (Unaudited)<\/span><\/p>\n<p><\/caption>\n<thead>\n<tr>\n<th width=\"45%\" valign=\"bottom\" scope=\"col\"><\/th>\n<th width=\"25%\" nowrap colspan=\"3\" rowspan=\"2\" valign=\"bottom\" id=\"subcategoryQ1\" scope=\"colgroup\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>Three Months Ended <\/span><\/b><\/p>\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;March 31,<\/span><\/b><\/p>\n<\/th>\n<th width=\"2%\" valign=\"bottom\" scope=\"col\"><\/th>\n<th width=\"26%\" nowrap colspan=\"3\" rowspan=\"2\" valign=\"bottom\" id=\"subcategoryY1\" scope=\"colgroup\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>Nine Months Ended <\/span><\/b><\/p>\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;March 31,<\/span><\/b><\/p>\n<\/th>\n<\/tr>\n<tr>\n<th width=\"45%\" valign=\"bottom\" scope=\"col\"><\/th>\n<th width=\"2%\" valign=\"bottom\" scope=\"col\"><\/th>\n<\/tr>\n<tr>\n<th width=\"45%\" valign=\"bottom\" scope=\"col\">\n<p class=\"MsoNormal\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/th>\n<th width=\"11%\" nowrap valign=\"bottom\" scope=\"col\" id=\"subcategoryCQ1\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>2025<\/span><\/b><\/p>\n<\/th>\n<th width=\"2%\" nowrap valign=\"bottom\" scope=\"col\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/th>\n<th width=\"10%\" nowrap valign=\"bottom\" scope=\"col\" id=\"subcategoryLQ1\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>2024<\/span><\/b><\/p>\n<\/th>\n<th width=\"2%\" nowrap valign=\"bottom\" scope=\"col\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/th>\n<th width=\"12%\" nowrap valign=\"bottom\" scope=\"col\" id=\"subcategoryCY1\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>2025<\/span><\/b><\/p>\n<\/th>\n<th width=\"2%\" nowrap valign=\"bottom\" scope=\"col\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/th>\n<th width=\"10%\" nowrap valign=\"bottom\" scope=\"col\" id=\"subcategoryLY1\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>2024<\/span><\/b><\/p>\n<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<th width=\"45%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Revenue:<\/span><\/p>\n<\/th>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ1 subcategoryCQ1\"><\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryQ1 subcategoryLQ1\"><\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"12%\" nowrap valign=\"bottom\" headers=\"subcategoryY1 subcategoryCY1\"><\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryY1 subcategoryLY1\"><\/td>\n<\/tr>\n<tr>\n<th width=\"45%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Product<\/span><\/p>\n<\/th>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ1 subcategoryCQ1\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;$15,319 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryQ1 subcategoryLQ1\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;$17,080 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"12%\" nowrap valign=\"bottom\" headers=\"subcategoryY1 subcategoryCY1\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;$46,810 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryY1 subcategoryLY1\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;$51,556 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"45%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Service and other<\/span><\/p>\n<\/th>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ1 subcategoryCQ1\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>54,747 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryQ1 subcategoryLQ1\">\n<p class=\"MsoNormal\" align=\"right\"><span>44,778 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;<\/span><\/p>\n<\/td>\n<td width=\"12%\" nowrap valign=\"bottom\" headers=\"subcategoryY1 subcategoryCY1\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>158,473 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryY1 subcategoryLY1\">\n<p class=\"MsoNormal\" align=\"right\"><span>128,839 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"45%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Total revenue<\/span><\/p>\n<\/th>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ1 subcategoryCQ1\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>70,066 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryQ1 subcategoryLQ1\">\n<p class=\"MsoNormal\" align=\"right\"><span>61,858 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;<\/span><\/p>\n<\/td>\n<td width=\"12%\" nowrap valign=\"bottom\" headers=\"subcategoryY1 subcategoryCY1\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>205,283 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryY1 subcategoryLY1\">\n<p class=\"MsoNormal\" align=\"right\"><span>180,395 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"45%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Cost of revenue:<\/span><\/p>\n<\/th>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ1 subcategoryCQ1\"><\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryQ1 subcategoryLQ1\"><\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"12%\" nowrap valign=\"bottom\" headers=\"subcategoryY1 subcategoryCY1\"><\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryY1 subcategoryLY1\"><\/td>\n<\/tr>\n<tr>\n<th width=\"45%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Product<\/span><\/p>\n<\/th>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ1 subcategoryCQ1\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>3,037 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryQ1 subcategoryLQ1\">\n<p class=\"MsoNormal\" align=\"right\"><span>4,339 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"12%\" nowrap valign=\"bottom\" headers=\"subcategoryY1 subcategoryCY1\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>10,187 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryY1 subcategoryLY1\">\n<p class=\"MsoNormal\" align=\"right\"><span>13,834 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"45%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Service and other<\/span><\/p>\n<\/th>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ1 subcategoryCQ1\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>18,882 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryQ1 subcategoryLQ1\">\n<p class=\"MsoNormal\" align=\"right\"><span>14,166 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;<\/span><\/p>\n<\/td>\n<td width=\"12%\" nowrap valign=\"bottom\" headers=\"subcategoryY1 subcategoryCY1\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>53,630 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryY1 subcategoryLY1\">\n<p class=\"MsoNormal\" align=\"right\"><span>40,596 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"45%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Total cost of revenue<\/span><\/p>\n<\/th>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ1 subcategoryCQ1\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>21,919 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryQ1 subcategoryLQ1\">\n<p class=\"MsoNormal\" align=\"right\"><span>18,505 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;<\/span><\/p>\n<\/td>\n<td width=\"12%\" nowrap valign=\"bottom\" headers=\"subcategoryY1 subcategoryCY1\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>63,817 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryY1 subcategoryLY1\">\n<p class=\"MsoNormal\" align=\"right\"><span>54,430 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"45%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Gross margin<\/span><\/p>\n<\/th>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ1 subcategoryCQ1\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>48,147 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryQ1 subcategoryLQ1\">\n<p class=\"MsoNormal\" align=\"right\"><span>43,353 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"12%\" nowrap valign=\"bottom\" headers=\"subcategoryY1 subcategoryCY1\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>141,466 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryY1 subcategoryLY1\">\n<p class=\"MsoNormal\" align=\"right\"><span>125,965 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"45%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Research and development<\/span><\/p>\n<\/th>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ1 subcategoryCQ1\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>8,198 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryQ1 subcategoryLQ1\">\n<p class=\"MsoNormal\" align=\"right\"><span>7,653 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"12%\" nowrap valign=\"bottom\" headers=\"subcategoryY1 subcategoryCY1\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>23,659 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryY1 subcategoryLY1\">\n<p class=\"MsoNormal\" align=\"right\"><span>21,454 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"45%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Sales and marketing<\/span><\/p>\n<\/th>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ1 subcategoryCQ1\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>6,212 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryQ1 subcategoryLQ1\">\n<p class=\"MsoNormal\" align=\"right\"><span>6,207 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"12%\" nowrap valign=\"bottom\" headers=\"subcategoryY1 subcategoryCY1\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>18,369 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryY1 subcategoryLY1\">\n<p class=\"MsoNormal\" align=\"right\"><span>17,640 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"45%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>General and administrative<\/span><\/p>\n<\/th>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ1 subcategoryCQ1\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>1,737 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryQ1 subcategoryLQ1\">\n<p class=\"MsoNormal\" align=\"right\"><span>1,912 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"12%\" nowrap valign=\"bottom\" headers=\"subcategoryY1 subcategoryCY1\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>5,233 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryY1 subcategoryLY1\">\n<p class=\"MsoNormal\" align=\"right\"><span>5,363 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"45%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Operating income<\/span><\/p>\n<\/th>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ1 subcategoryCQ1\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>32,000 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryQ1 subcategoryLQ1\">\n<p class=\"MsoNormal\" align=\"right\"><span>27,581 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;<\/span><\/p>\n<\/td>\n<td width=\"12%\" nowrap valign=\"bottom\" headers=\"subcategoryY1 subcategoryCY1\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>94,205 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryY1 subcategoryLY1\">\n<p class=\"MsoNormal\" align=\"right\"><span>81,508 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"45%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Other expense, net<\/span><\/p>\n<\/th>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ1 subcategoryCQ1\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>(623)<\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryQ1 subcategoryLQ1\">\n<p class=\"MsoNormal\" align=\"right\"><span>(854)<\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;<\/span><\/p>\n<\/td>\n<td width=\"12%\" nowrap valign=\"bottom\" headers=\"subcategoryY1 subcategoryCY1\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>(3,194)<\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryY1 subcategoryLY1\">\n<p class=\"MsoNormal\" align=\"right\"><span>(971)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"45%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Income before income taxes<\/span><\/p>\n<\/th>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ1 subcategoryCQ1\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>31,377 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryQ1 subcategoryLQ1\">\n<p class=\"MsoNormal\" align=\"right\"><span>26,727 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"12%\" nowrap valign=\"bottom\" headers=\"subcategoryY1 subcategoryCY1\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>91,011 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryY1 subcategoryLY1\">\n<p class=\"MsoNormal\" align=\"right\"><span>80,537 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"45%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Provision for income taxes<\/span><\/p>\n<\/th>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ1 subcategoryCQ1\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>5,553 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryQ1 subcategoryLQ1\">\n<p class=\"MsoNormal\" align=\"right\"><span>4,788 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;<\/span><\/p>\n<\/td>\n<td width=\"12%\" nowrap valign=\"bottom\" headers=\"subcategoryY1 subcategoryCY1\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>16,412 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryY1 subcategoryLY1\">\n<p class=\"MsoNormal\" align=\"right\"><span>14,437 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"45%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Net income<\/span><\/p>\n<\/th>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ1 subcategoryCQ1\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;$25,824 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryQ1 subcategoryLQ1\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;$21,939 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;<\/span><\/p>\n<\/td>\n<td width=\"12%\" nowrap valign=\"bottom\" headers=\"subcategoryY1 subcategoryCY1\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;$74,599 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryY1 subcategoryLY1\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;$66,100 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"45%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Earnings per share:<\/span><\/p>\n<\/th>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ1 subcategoryCQ1\"><\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryQ1 subcategoryLQ1\"><\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"12%\" nowrap valign=\"bottom\" headers=\"subcategoryY1 subcategoryCY1\"><\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"10%\" nowrap headers=\"subcategoryY1 subcategoryLY1\"><\/td>\n<\/tr>\n<tr>\n<th width=\"45%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Basic<\/span><\/p>\n<\/th>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ1 subcategoryCQ1\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;$3.47 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryQ1 subcategoryLQ1\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;$2.95 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"12%\" nowrap valign=\"bottom\" headers=\"subcategoryY1 subcategoryCY1\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;$10.03 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"10%\" nowrap headers=\"subcategoryY1 subcategoryLY1\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;$8.90 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"45%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Diluted<\/span><\/p>\n<\/th>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ1 subcategoryCQ1\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;$3.46 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryQ1 subcategoryLQ1\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;$2.94 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"12%\" nowrap valign=\"bottom\" headers=\"subcategoryY1 subcategoryCY1\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;$9.99 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"10%\" nowrap headers=\"subcategoryY1 subcategoryLY1\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;$8.85 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"45%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Weighted average shares outstanding:<\/span><\/p>\n<\/th>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ1 subcategoryCQ1\"><\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryQ1 subcategoryLQ1\"><\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"12%\" nowrap valign=\"bottom\" headers=\"subcategoryY1 subcategoryCY1\"><\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"10%\" nowrap headers=\"subcategoryY1 subcategoryLY1\"><\/td>\n<\/tr>\n<tr>\n<th width=\"45%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Basic<\/span><\/p>\n<\/th>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ1 subcategoryCQ1\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>7,434 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryQ1 subcategoryLQ1\">\n<p class=\"MsoNormal\" align=\"right\"><span>7,431 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"12%\" nowrap valign=\"bottom\" headers=\"subcategoryY1 subcategoryCY1\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>7,434 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryY1 subcategoryLY1\">\n<p class=\"MsoNormal\" align=\"right\"><span>7,431 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"45%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Diluted<\/span><\/p>\n<\/th>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ1 subcategoryCQ1\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>7,461 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryQ1 subcategoryLQ1\">\n<p class=\"MsoNormal\" align=\"right\"><span>7,472 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;<\/span><\/p>\n<\/td>\n<td width=\"12%\" nowrap valign=\"bottom\" headers=\"subcategoryY1 subcategoryCY1\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>7,466 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryY1 subcategoryLY1\">\n<p class=\"MsoNormal\" align=\"right\"><span>7,467 <\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p class=\"MsoNormal\"><span>&nbsp;<\/span><\/p>\n<p> <span><br \/> <\/span> <\/p>\n<p class=\"MsoNormal\"><span>&nbsp;<\/span><\/p>\n<table class=\"MsoNormalTable\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\" width=\"100%\">\n<caption>\n<p class=\"MsoNormal\" align=\"center\"><span>COMPREHENSIVE INCOME STATEMENTS<\/span><\/p>\n<p class=\"MsoNormal\" align=\"center\"><span>(In millions) (Unaudited)<\/span><\/p>\n<p><\/caption>\n<thead>\n<tr>\n<th width=\"46%\" valign=\"bottom\" scope=\"col\"><\/th>\n<th width=\"25%\" nowrap colspan=\"3\" rowspan=\"2\" valign=\"bottom\" id=\"subcategoryQ2\" scope=\"colgroup\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>Three Months Ended <\/span><\/b><\/p>\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;March 31,<\/span><\/b><\/p>\n<\/th>\n<th width=\"2%\" valign=\"bottom\" scope=\"col\"><\/th>\n<th width=\"25%\" nowrap colspan=\"3\" rowspan=\"2\" valign=\"bottom\" id=\"subcategoryY2\" scope=\"colgroup\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>Nine Months Ended <\/span><\/b><\/p>\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;March 31,<\/span><\/b><\/p>\n<\/th>\n<\/tr>\n<tr>\n<th width=\"46%\" valign=\"bottom\" scope=\"col\"><\/th>\n<th width=\"2%\" valign=\"bottom\" scope=\"col\"><\/th>\n<\/tr>\n<tr>\n<th width=\"46%\" valign=\"bottom\" scope=\"col\">\n<p class=\"MsoNormal\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/th>\n<th width=\"11%\" nowrap valign=\"bottom\" scope=\"col\" id=\"subcategoryCQ2\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>2025<\/span><\/b><\/p>\n<\/th>\n<th width=\"2%\" nowrap valign=\"bottom\" scope=\"col\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/th>\n<th width=\"10%\" nowrap valign=\"bottom\" scope=\"col\" id=\"subcategoryLQ2\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>2024<\/span><\/b><\/p>\n<\/th>\n<th width=\"2%\" nowrap valign=\"bottom\" scope=\"col\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/th>\n<th width=\"11%\" nowrap valign=\"bottom\" scope=\"col\" id=\"subcategoryCY2\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>2025<\/span><\/b><\/p>\n<\/th>\n<th width=\"2%\" nowrap valign=\"bottom\" scope=\"col\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/th>\n<th width=\"10%\" nowrap valign=\"bottom\" scope=\"col\" id=\"subcategoryLY2\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>2024<\/span><\/b><\/p>\n<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<th width=\"46%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Net income<\/span><\/p>\n<\/th>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ2 subcategoryCQ2\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;$25,824 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryQ2 subcategoryLQ2\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;$21,939 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;<\/span><\/p>\n<\/td>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryY2 subcategoryCY2\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;$74,599 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryY2 subcategoryLY2\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;$66,100 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"46%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Other comprehensive income (loss), net of tax:<\/span><\/p>\n<\/th>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ2 subcategoryCQ2\"><\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryQ2 subcategoryLQ2\"><\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryY2 subcategoryCY2\"><\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryY2 subcategoryLY2\"><\/td>\n<\/tr>\n<tr>\n<th width=\"46%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Net change related to derivatives<\/span><\/p>\n<\/th>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ2 subcategoryCQ2\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>(20)<\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryQ2 subcategoryLQ2\">\n<p class=\"MsoNormal\" align=\"right\"><span>10 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryY2 subcategoryCY2\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>4 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryY2 subcategoryLY2\">\n<p class=\"MsoNormal\" align=\"right\"><span>28 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"46%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Net change related to investments<\/span><\/p>\n<\/th>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ2 subcategoryCQ2\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>450 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryQ2 subcategoryLQ2\">\n<p class=\"MsoNormal\" align=\"right\"><span>(202)<\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryY2 subcategoryCY2\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>1,130 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryY2 subcategoryLY2\">\n<p class=\"MsoNormal\" align=\"right\"><span>869 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"46%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Translation adjustments and other<\/span><\/p>\n<\/th>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ2 subcategoryCQ2\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>353 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryQ2 subcategoryLQ2\">\n<p class=\"MsoNormal\" align=\"right\"><span>(294)<\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;<\/span><\/p>\n<\/td>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryY2 subcategoryCY2\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>(377)<\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryY2 subcategoryLY2\">\n<p class=\"MsoNormal\" align=\"right\"><span>11 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"46%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Other comprehensive income (loss)<\/span><\/p>\n<\/th>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ2 subcategoryCQ2\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>783 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryQ2 subcategoryLQ2\">\n<p class=\"MsoNormal\" align=\"right\"><span>(486)<\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;<\/span><\/p>\n<\/td>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryY2 subcategoryCY2\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>757 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryY2 subcategoryLY2\">\n<p class=\"MsoNormal\" align=\"right\"><span>908 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"46%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Comprehensive income<\/span><\/p>\n<\/th>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ2 subcategoryCQ2\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;$26,607 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryQ2 subcategoryLQ2\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;$21,453 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;<\/span><\/p>\n<\/td>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryY2 subcategoryCY2\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;$75,356 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"10%\" nowrap valign=\"bottom\" headers=\"subcategoryY2 subcategoryLY2\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;$67,008 <\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p class=\"MsoNormal\"><span>&nbsp;<\/span><\/p>\n<p> <span><br \/> <\/span> <\/p>\n<p class=\"MsoNormal\"><span>&nbsp;<\/span><\/p>\n<table class=\"MsoNormalTable\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\" width=\"100%\">\n<caption>\n<p class=\"MsoNormal\" align=\"center\"><span>BALANCE SHEETS<\/span><\/p>\n<p class=\"MsoNormal\" align=\"center\"><span>(In millions) (Unaudited)<\/span><\/p>\n<p><\/caption>\n<thead>\n<tr>\n<th width=\"69%\" valign=\"bottom\" scope=\"col\">\n<p class=\"MsoNormal\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/th>\n<th width=\"17%\" nowrap valign=\"bottom\" scope=\"col\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>March 31, <\/span><\/b><\/p>\n<p class=\"MsoNormal\" align=\"right\"><b><span>2025<\/span><\/b><\/p>\n<\/th>\n<th width=\"13%\" nowrap valign=\"bottom\" scope=\"col\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>June 30, <\/span><\/b><\/p>\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;2024<\/span><\/b><\/p>\n<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<th width=\"69%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><b><span>Assets<\/span><\/b><\/p>\n<\/th>\n<td width=\"17%\" valign=\"bottom\"><\/td>\n<td width=\"13%\" nowrap valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<th width=\"69%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Current assets:<\/span><\/p>\n<\/th>\n<td width=\"17%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"13%\" nowrap valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<th width=\"69%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Cash and cash equivalents<\/span><\/p>\n<\/th>\n<td width=\"17%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;$28,828 <\/span><\/b><\/p>\n<\/td>\n<td width=\"13%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;$18,315 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"69%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Short-term investments<\/span><\/p>\n<\/th>\n<td width=\"17%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>50,790 <\/span><\/b><\/p>\n<\/td>\n<td width=\"13%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>57,228 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"69%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Total cash, cash equivalents, and short-term investments<\/span><\/p>\n<\/th>\n<td width=\"17%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>79,618 <\/span><\/b><\/p>\n<\/td>\n<td width=\"13%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>75,543 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"69%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Accounts receivable, net of allowance for doubtful accounts of <b>$695<\/b> and $830 <\/span><\/p>\n<\/th>\n<td width=\"17%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>51,700 <\/span><\/b><\/p>\n<\/td>\n<td width=\"13%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>56,924 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"69%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Inventories<\/span><\/p>\n<\/th>\n<td width=\"17%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>848 <\/span><\/b><\/p>\n<\/td>\n<td width=\"13%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>1,246 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"69%\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Other current assets<\/span><\/p>\n<\/th>\n<td width=\"17%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>24,478 <\/span><\/b><\/p>\n<\/td>\n<td width=\"13%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>26,021 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"69%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Total current assets<\/span><\/p>\n<\/th>\n<td width=\"17%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>156,644 <\/span><\/b><\/p>\n<\/td>\n<td width=\"13%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>159,734 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"69%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Property and equipment, net of accumulated depreciation of <b>$87,074<\/b> and $76,421 <\/span><\/p>\n<\/th>\n<td width=\"17%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>183,939 <\/span><\/b><\/p>\n<\/td>\n<td width=\"13%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>135,591 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"69%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Operating lease right-of-use assets<\/span><\/p>\n<\/th>\n<td width=\"17%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>24,475 <\/span><\/b><\/p>\n<\/td>\n<td width=\"13%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>18,961 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"69%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Equity and other investments<\/span><\/p>\n<\/th>\n<td width=\"17%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>16,035 <\/span><\/b><\/p>\n<\/td>\n<td width=\"13%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>14,600 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"69%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Goodwill<\/span><\/p>\n<\/th>\n<td width=\"17%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>119,329 <\/span><\/b><\/p>\n<\/td>\n<td width=\"13%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>119,220 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"69%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Intangible assets, net<\/span><\/p>\n<\/th>\n<td width=\"17%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>23,968 <\/span><\/b><\/p>\n<\/td>\n<td width=\"13%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>27,597 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"69%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Other long-term assets<\/span><\/p>\n<\/th>\n<td width=\"17%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>38,234 <\/span><\/b><\/p>\n<\/td>\n<td width=\"13%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>36,460 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"69%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Total assets<\/span><\/p>\n<\/th>\n<td width=\"17%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;$562,624 <\/span><\/b><\/p>\n<\/td>\n<td width=\"13%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;$512,163 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"69%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><b><span>Liabilities and stockholders&#8217; equity<\/span><\/b><\/p>\n<\/th>\n<td width=\"17%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"13%\" nowrap valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<th width=\"69%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Current liabilities:<\/span><\/p>\n<\/th>\n<td width=\"17%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"13%\" nowrap valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<th width=\"69%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Accounts payable<\/span><\/p>\n<\/th>\n<td width=\"17%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;$26,250 <\/span><\/b><\/p>\n<\/td>\n<td width=\"13%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;$21,996 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"69%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Short-term debt<\/span><\/p>\n<\/th>\n<td width=\"17%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>0 <\/span><\/b><\/p>\n<\/td>\n<td width=\"13%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>6,693 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"69%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Current portion of long-term debt<\/span><\/p>\n<\/th>\n<td width=\"17%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>2,999 <\/span><\/b><\/p>\n<\/td>\n<td width=\"13%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>2,249 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"69%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Accrued compensation<\/span><\/p>\n<\/th>\n<td width=\"17%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>10,579 <\/span><\/b><\/p>\n<\/td>\n<td width=\"13%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>12,564 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"69%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Short-term income taxes<\/span><\/p>\n<\/th>\n<td width=\"17%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>6,805 <\/span><\/b><\/p>\n<\/td>\n<td width=\"13%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>5,017 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"69%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Short-term unearned revenue<\/span><\/p>\n<\/th>\n<td width=\"17%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>44,636 <\/span><\/b><\/p>\n<\/td>\n<td width=\"13%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>57,582 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"69%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Other current liabilities<\/span><\/p>\n<\/th>\n<td width=\"17%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>22,937 <\/span><\/b><\/p>\n<\/td>\n<td width=\"13%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>19,185 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"69%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Total current liabilities<\/span><\/p>\n<\/th>\n<td width=\"17%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>114,206 <\/span><\/b><\/p>\n<\/td>\n<td width=\"13%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>125,286 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"69%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Long-term debt<\/span><\/p>\n<\/th>\n<td width=\"17%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>39,882 <\/span><\/b><\/p>\n<\/td>\n<td width=\"13%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>42,688 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"69%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Long-term income taxes<\/span><\/p>\n<\/th>\n<td width=\"17%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>25,061 <\/span><\/b><\/p>\n<\/td>\n<td width=\"13%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>27,931 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"69%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Long-term unearned revenue<\/span><\/p>\n<\/th>\n<td width=\"17%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>2,840 <\/span><\/b><\/p>\n<\/td>\n<td width=\"13%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>2,602 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"69%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Deferred income taxes<\/span><\/p>\n<\/th>\n<td width=\"17%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>2,522 <\/span><\/b><\/p>\n<\/td>\n<td width=\"13%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>2,618 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"69%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Operating lease liabilities<\/span><\/p>\n<\/th>\n<td width=\"17%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>17,686 <\/span><\/b><\/p>\n<\/td>\n<td width=\"13%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>15,497 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"69%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Other long-term liabilities<\/span><\/p>\n<\/th>\n<td width=\"17%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>38,536 <\/span><\/b><\/p>\n<\/td>\n<td width=\"13%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>27,064 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"69%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Total liabilities<\/span><\/p>\n<\/th>\n<td width=\"17%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>240,733 <\/span><\/b><\/p>\n<\/td>\n<td width=\"13%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>243,686 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"69%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Commitments and contingencies<\/span><\/p>\n<\/th>\n<td width=\"17%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"13%\" nowrap valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<th width=\"69%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Stockholders&#8217; equity:<\/span><\/p>\n<\/th>\n<td width=\"17%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"13%\" nowrap valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<th width=\"69%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Common stock and paid-in capital &#8211; shares authorized 24,000; outstanding <b>7,434<\/b> and 7,434 <\/span><\/p>\n<\/th>\n<td width=\"17%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>106,965 <\/span><\/b><\/p>\n<\/td>\n<td width=\"13%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>100,923 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"69%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Retained earnings<\/span><\/p>\n<\/th>\n<td width=\"17%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>219,759 <\/span><\/b><\/p>\n<\/td>\n<td width=\"13%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>173,144 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"69%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Accumulated other comprehensive loss<\/span><\/p>\n<\/th>\n<td width=\"17%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>(4,833)<\/span><\/b><\/p>\n<\/td>\n<td width=\"13%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>(5,590)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"69%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Total stockholders&#8217; equity<\/span><\/p>\n<\/th>\n<td width=\"17%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>321,891 <\/span><\/b><\/p>\n<\/td>\n<td width=\"13%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>268,477 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"69%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Total liabilities and stockholders&#8217; equity<\/span><\/p>\n<\/th>\n<td width=\"17%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;$562,624 <\/span><\/b><\/p>\n<\/td>\n<td width=\"13%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;$512,163 <\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p class=\"MsoNormal\"><span>&nbsp;<\/span><\/p>\n<p> <span><br \/> <\/span> <\/p>\n<p class=\"MsoNormal\"><span>&nbsp;<\/span><\/p>\n<table class=\"MsoNormalTable\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\" width=\"100%\">\n<caption>\n<p class=\"MsoNormal\" align=\"center\"><span>CASH FLOWS STATEMENTS<\/span><\/p>\n<p class=\"MsoNormal\" align=\"center\"><span>(In millions) (Unaudited)<\/span><\/p>\n<p><\/caption>\n<thead>\n<tr>\n<th width=\"53%\" valign=\"bottom\" scope=\"col\"><\/th>\n<th width=\"21%\" nowrap colspan=\"3\" rowspan=\"2\" valign=\"bottom\" id=\"subcategoryQ3\" scope=\"colgroup\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>Three Months Ended <\/span><\/b><\/p>\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;March 31,<\/span><\/b><\/p>\n<\/th>\n<th width=\"2%\" valign=\"bottom\" scope=\"col\"><\/th>\n<th width=\"21%\" nowrap colspan=\"3\" rowspan=\"2\" valign=\"bottom\" id=\"subcategoryY3\" scope=\"colgroup\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>Nine Months Ended <\/span><\/b><\/p>\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;March 31,<\/span><\/b><\/p>\n<\/th>\n<\/tr>\n<tr>\n<th width=\"53%\" valign=\"bottom\" scope=\"col\"><\/th>\n<th width=\"2%\" valign=\"bottom\" scope=\"col\"><\/th>\n<\/tr>\n<tr>\n<th width=\"53%\" valign=\"bottom\" scope=\"col\">\n<p class=\"MsoNormal\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/th>\n<th width=\"9%\" nowrap valign=\"bottom\" scope=\"col\" id=\"subcategoryCQ3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>2025<\/span><\/b><\/p>\n<\/th>\n<th width=\"2%\" nowrap valign=\"bottom\" scope=\"col\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/th>\n<th width=\"9%\" nowrap valign=\"bottom\" scope=\"col\" id=\"subcategoryLQ3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>2024<\/span><\/b><\/p>\n<\/th>\n<th width=\"2%\" nowrap valign=\"bottom\" scope=\"col\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/th>\n<th width=\"9%\" nowrap valign=\"bottom\" scope=\"col\" id=\"subcategoryCY3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>2025<\/span><\/b><\/p>\n<\/th>\n<th width=\"2%\" nowrap valign=\"bottom\" scope=\"col\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/th>\n<th width=\"9%\" nowrap valign=\"bottom\" scope=\"col\" id=\"subcategoryLY3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>2024<\/span><\/b><\/p>\n<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<th width=\"53%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><b><span>Operations<\/span><\/b><\/p>\n<\/th>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryCQ3\"><\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryLQ3\"><\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryCY3\"><\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryLY3\"><\/td>\n<\/tr>\n<tr>\n<th width=\"53%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Net income<\/span><\/p>\n<\/th>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryCQ3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;$25,824 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryLQ3\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;$21,939 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryCY3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;$74,599 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryLY3\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;$66,100 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"53%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Adjustments to reconcile net income to net cash from operations:<\/span><\/p>\n<\/th>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryCQ3\"><\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryLQ3\"><\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryCY3\"><\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryLY3\"><\/td>\n<\/tr>\n<tr>\n<th width=\"53%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Depreciation, amortization, and other<\/span><\/p>\n<\/th>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryCQ3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>8,740 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryLQ3\">\n<p class=\"MsoNormal\" align=\"right\"><span>6,027 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryCY3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>22,950 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryLY3\">\n<p class=\"MsoNormal\" align=\"right\"><span>15,907 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"53%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Stock-based compensation expense<\/span><\/p>\n<\/th>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryCQ3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>2,980 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryLQ3\">\n<p class=\"MsoNormal\" align=\"right\"><span>2,703 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryCY3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>8,901 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryLY3\">\n<p class=\"MsoNormal\" align=\"right\"><span>8,038 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"53%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Net recognized losses (gains) on investments and derivatives<\/span><\/p>\n<\/th>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryCQ3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>(298)<\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryLQ3\">\n<p class=\"MsoNormal\" align=\"right\"><span>49 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryCY3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>553 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryLY3\">\n<p class=\"MsoNormal\" align=\"right\"><span>261 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"53%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Deferred income taxes<\/span><\/p>\n<\/th>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryCQ3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>(2,244)<\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryLQ3\">\n<p class=\"MsoNormal\" align=\"right\"><span>(1,323)<\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryCY3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>(4,835)<\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryLY3\">\n<p class=\"MsoNormal\" align=\"right\"><span>(3,593)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"53%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Changes in operating assets and liabilities:<\/span><\/p>\n<\/th>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryCQ3\"><\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryLQ3\"><\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryCY3\"><\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryLY3\"><\/td>\n<\/tr>\n<tr>\n<th width=\"53%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Accounts receivable<\/span><\/p>\n<\/th>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryCQ3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>(2,461)<\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryLQ3\">\n<p class=\"MsoNormal\" align=\"right\"><span>(2,028)<\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryCY3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>5,598 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryLY3\">\n<p class=\"MsoNormal\" align=\"right\"><span>6,055 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"53%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Inventories<\/span><\/p>\n<\/th>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryCQ3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>52 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryLQ3\">\n<p class=\"MsoNormal\" align=\"right\"><span>260 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryCY3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>390 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryLY3\">\n<p class=\"MsoNormal\" align=\"right\"><span>1,229 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"53%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Other current assets<\/span><\/p>\n<\/th>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryCQ3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>1,076 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryLQ3\">\n<p class=\"MsoNormal\" align=\"right\"><span>951 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryCY3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>642 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryLY3\">\n<p class=\"MsoNormal\" align=\"right\"><span>880 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"53%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Other long-term assets<\/span><\/p>\n<\/th>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryCQ3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>(518)<\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryLQ3\">\n<p class=\"MsoNormal\" align=\"right\"><span>(2,137)<\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryCY3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>(3,368)<\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryLY3\">\n<p class=\"MsoNormal\" align=\"right\"><span>(5,577)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"53%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Accounts payable<\/span><\/p>\n<\/th>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryCQ3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>1,179 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryLQ3\">\n<p class=\"MsoNormal\" align=\"right\"><span>648 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryCY3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>1,221 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryLY3\">\n<p class=\"MsoNormal\" align=\"right\"><span>(659)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"53%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Unearned revenue<\/span><\/p>\n<\/th>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryCQ3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>(1,032)<\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryLQ3\">\n<p class=\"MsoNormal\" align=\"right\"><span>(645)<\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryCY3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>(12,923)<\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryLY3\">\n<p class=\"MsoNormal\" align=\"right\"><span>(10,309)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"53%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Income taxes<\/span><\/p>\n<\/th>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryCQ3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>1,298 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryLQ3\">\n<p class=\"MsoNormal\" align=\"right\"><span>2,622 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryCY3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>(1,081)<\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryLY3\">\n<p class=\"MsoNormal\" align=\"right\"><span>2,493 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"53%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Other current liabilities<\/span><\/p>\n<\/th>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryCQ3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>2,839 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryLQ3\">\n<p class=\"MsoNormal\" align=\"right\"><span>2,803 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryCY3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>576 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryLY3\">\n<p class=\"MsoNormal\" align=\"right\"><span>215 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"53%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Other long-term liabilities<\/span><\/p>\n<\/th>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryCQ3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>(391)<\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryLQ3\">\n<p class=\"MsoNormal\" align=\"right\"><span>48 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;<\/span><\/p>\n<\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryCY3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>292 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryLY3\">\n<p class=\"MsoNormal\" align=\"right\"><span>313 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"53%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Net cash from operations<\/span><\/p>\n<\/th>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryCQ3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>37,044 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryLQ3\">\n<p class=\"MsoNormal\" align=\"right\"><span>31,917 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;<\/span><\/p>\n<\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryCY3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>93,515 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryLY3\">\n<p class=\"MsoNormal\" align=\"right\"><span>81,353 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"53%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><b><span>Financing<\/span><\/b><\/p>\n<\/th>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryCQ3\"><\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryLQ3\"><\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryCY3\"><\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryLY3\"><\/td>\n<\/tr>\n<tr>\n<th width=\"53%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Proceeds from issuance (repayments) of debt, maturities of 90 days or less, net<\/span><\/p>\n<\/th>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryCQ3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>0 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryLQ3\">\n<p class=\"MsoNormal\" align=\"right\"><span>(3,810)<\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryCY3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>(5,746)<\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryLY3\">\n<p class=\"MsoNormal\" align=\"right\"><span>6,392 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"53%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Proceeds from issuance of debt<\/span><\/p>\n<\/th>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryCQ3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>0 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryLQ3\">\n<p class=\"MsoNormal\" align=\"right\"><span>6,352 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryCY3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>0 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryLY3\">\n<p class=\"MsoNormal\" align=\"right\"><span>24,198 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"53%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Repayments of debt<\/span><\/p>\n<\/th>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryCQ3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>(2,250)<\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryLQ3\">\n<p class=\"MsoNormal\" align=\"right\"><span>(11,589)<\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryCY3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>(3,216)<\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryLY3\">\n<p class=\"MsoNormal\" align=\"right\"><span>(16,005)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"53%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Common stock issued<\/span><\/p>\n<\/th>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryCQ3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>546 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryLQ3\">\n<p class=\"MsoNormal\" align=\"right\"><span>522 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryCY3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>1,508 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryLY3\">\n<p class=\"MsoNormal\" align=\"right\"><span>1,468 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"53%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Common stock repurchased<\/span><\/p>\n<\/th>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryCQ3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>(4,781)<\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryLQ3\">\n<p class=\"MsoNormal\" align=\"right\"><span>(4,213)<\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryCY3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>(13,874)<\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryLY3\">\n<p class=\"MsoNormal\" align=\"right\"><span>(13,044)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"53%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Common stock cash dividends paid<\/span><\/p>\n<\/th>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryCQ3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>(6,169)<\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryLQ3\">\n<p class=\"MsoNormal\" align=\"right\"><span>(5,572)<\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryCY3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>(17,913)<\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryLY3\">\n<p class=\"MsoNormal\" align=\"right\"><span>(16,197)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"53%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Other, net<\/span><\/p>\n<\/th>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryCQ3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>(382)<\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryLQ3\">\n<p class=\"MsoNormal\" align=\"right\"><span>(498)<\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;<\/span><\/p>\n<\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryCY3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>(1,614)<\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryLY3\">\n<p class=\"MsoNormal\" align=\"right\"><span>(1,006)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"53%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Net cash used in financing<\/span><\/p>\n<\/th>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryCQ3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>(13,036)<\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryLQ3\">\n<p class=\"MsoNormal\" align=\"right\"><span>(18,808)<\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;<\/span><\/p>\n<\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryCY3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>(40,855)<\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryLY3\">\n<p class=\"MsoNormal\" align=\"right\"><span>(14,194)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"53%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><b><span>Investing<\/span><\/b><\/p>\n<\/th>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryCQ3\"><\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryLQ3\"><\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryCY3\"><\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryLY3\"><\/td>\n<\/tr>\n<tr>\n<th width=\"53%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Additions to property and equipment<\/span><\/p>\n<\/th>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryCQ3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>(16,745)<\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryLQ3\">\n<p class=\"MsoNormal\" align=\"right\"><span>(10,952)<\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryCY3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>(47,472)<\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryLY3\">\n<p class=\"MsoNormal\" align=\"right\"><span>(30,604)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"53%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Acquisition of companies, net of cash acquired and divestitures, and purchases of intangible and other assets<\/span><\/p>\n<\/th>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryCQ3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>(981)<\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryLQ3\">\n<p class=\"MsoNormal\" align=\"right\"><span>(1,575)<\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryCY3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>(4,235)<\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryLY3\">\n<p class=\"MsoNormal\" align=\"right\"><span>(67,790)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"53%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Purchases of investments<\/span><\/p>\n<\/th>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryCQ3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>(4,474)<\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryLQ3\">\n<p class=\"MsoNormal\" align=\"right\"><span>(2,183)<\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryCY3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>(8,144)<\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryLY3\">\n<p class=\"MsoNormal\" align=\"right\"><span>(14,901)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"53%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Maturities of investments<\/span><\/p>\n<\/th>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryCQ3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>6,721 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryLQ3\">\n<p class=\"MsoNormal\" align=\"right\"><span>3,350 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryCY3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>11,461 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryLY3\">\n<p class=\"MsoNormal\" align=\"right\"><span>23,218 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"53%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Sales of investments<\/span><\/p>\n<\/th>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryCQ3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>2,161 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryLQ3\">\n<p class=\"MsoNormal\" align=\"right\"><span>1,941 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryCY3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>6,688 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryLY3\">\n<p class=\"MsoNormal\" align=\"right\"><span>8,871 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"53%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Other, net<\/span><\/p>\n<\/th>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryCQ3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>604 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryLQ3\">\n<p class=\"MsoNormal\" align=\"right\"><span>(1,281)<\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryCY3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>(325)<\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryLY3\">\n<p class=\"MsoNormal\" align=\"right\"><span>(916)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"53%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Net cash used in investing<\/span><\/p>\n<\/th>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryCQ3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>(12,714)<\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryLQ3\">\n<p class=\"MsoNormal\" align=\"right\"><span>(10,700)<\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;<\/span><\/p>\n<\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryCY3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>(42,027)<\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryLY3\">\n<p class=\"MsoNormal\" align=\"right\"><span>(82,122)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"53%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Effect of foreign exchange rates on cash and cash equivalents<\/span><\/p>\n<\/th>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryCQ3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>52 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryLQ3\">\n<p class=\"MsoNormal\" align=\"right\"><span>(80)<\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;<\/span><\/p>\n<\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryCY3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>(120)<\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryLY3\">\n<p class=\"MsoNormal\" align=\"right\"><span>(107)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"53%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Net change in cash and cash equivalents<\/span><\/p>\n<\/th>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryCQ3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>11,346 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryLQ3\">\n<p class=\"MsoNormal\" align=\"right\"><span>2,329 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryCY3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>10,513 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\"><\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryLY3\">\n<p class=\"MsoNormal\" align=\"right\"><span>(15,070)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"53%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Cash and cash equivalents, beginning of period<\/span><\/p>\n<\/th>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryCQ3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>17,482 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryLQ3\">\n<p class=\"MsoNormal\" align=\"right\"><span>17,305 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;<\/span><\/p>\n<\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryCY3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>18,315 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryLY3\">\n<p class=\"MsoNormal\" align=\"right\"><span>34,704 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"53%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Cash and cash equivalents, end of period<\/span><\/p>\n<\/th>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryCQ3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;$28,828 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryQ3 subcategoryLQ3\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;$19,634 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;<\/span><\/p>\n<\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryCY3\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;$28,828 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"9%\" nowrap valign=\"bottom\" headers=\"subcategoryY3 subcategoryLY3\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;$19,634 <\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p class=\"MsoNormal\"><span>&nbsp;<\/span><\/p>\n<p> <span><br \/> <\/span> <\/p>\n<p class=\"MsoNormal\"><span>&nbsp;<\/span><\/p>\n<table class=\"MsoNormalTable\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\" width=\"100%\">\n<caption>\n<p class=\"MsoNormal\" align=\"center\"><span>SEGMENT REVENUE AND OPERATING INCOME<\/span><\/p>\n<p class=\"MsoNormal\" align=\"center\"><span>(In millions) (Unaudited)<\/span><\/p>\n<\/caption>\n<thead>\n<tr>\n<th width=\"43%\" valign=\"bottom\" scope=\"col\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/th>\n<th width=\"25%\" nowrap colspan=\"3\" rowspan=\"2\" valign=\"bottom\" id=\"subcategoryQ4\" scope=\"colgroup\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>Three Months Ended <\/span><\/b><\/p>\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;March 31,<\/span><\/b><\/p>\n<\/th>\n<th width=\"2%\" valign=\"bottom\" scope=\"col\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/th>\n<th width=\"27%\" nowrap colspan=\"3\" rowspan=\"2\" valign=\"bottom\" id=\"subcategoryY4\" scope=\"colgroup\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>Nine Months Ended <\/span><\/b><\/p>\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;March 31,<\/span><\/b><\/p>\n<\/th>\n<\/tr>\n<tr>\n<th width=\"43%\" valign=\"bottom\" scope=\"col\">\n<p class=\"MsoNormal\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/th>\n<th width=\"2%\" valign=\"bottom\" scope=\"col\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/th>\n<\/tr>\n<tr>\n<th width=\"43%\" valign=\"bottom\" scope=\"col\">\n<p class=\"MsoNormal\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/th>\n<th width=\"11%\" nowrap valign=\"bottom\" scope=\"col\" id=\"subcategoryCQ4\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>2025<\/span><\/b><\/p>\n<\/th>\n<th width=\"2%\" nowrap valign=\"bottom\" scope=\"col\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/th>\n<th width=\"11%\" nowrap valign=\"bottom\" scope=\"col\" id=\"subcategoryLQ4\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>2024<\/span><\/b><\/p>\n<\/th>\n<th width=\"2%\" nowrap valign=\"bottom\" scope=\"col\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/th>\n<th width=\"12%\" nowrap valign=\"bottom\" scope=\"col\" id=\"subcategoryCY4\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>2025<\/span><\/b><\/p>\n<\/th>\n<th width=\"2%\" nowrap valign=\"bottom\" scope=\"col\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/th>\n<th width=\"11%\" nowrap valign=\"bottom\" scope=\"col\" id=\"subcategoryLY4\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>2024<\/span><\/b><\/p>\n<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<th width=\"43%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><b><span>Revenue<\/span><\/b><\/p>\n<\/th>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ4 subcategoryCQ4\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ4 subcategoryLQ4\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;<\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;<\/span><\/p>\n<\/td>\n<td width=\"12%\" nowrap valign=\"bottom\" headers=\"subcategoryY4 subcategoryCY4\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryY4 subcategoryLY4\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"43%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Productivity and Business Processes<\/span><\/p>\n<\/th>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ4 subcategoryCQ4\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;$29,944 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ4 subcategoryLQ4\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;$27,113 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;<\/span><\/p>\n<\/td>\n<td width=\"12%\" nowrap valign=\"bottom\" headers=\"subcategoryY4 subcategoryCY4\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;$87,698 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryY4 subcategoryLY4\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;$78,193 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"43%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Intelligent Cloud<\/span><\/p>\n<\/th>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ4 subcategoryCQ4\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>26,751 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ4 subcategoryLQ4\">\n<p class=\"MsoNormal\" align=\"right\"><span>22,141 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;<\/span><\/p>\n<\/td>\n<td width=\"12%\" nowrap valign=\"bottom\" headers=\"subcategoryY4 subcategoryCY4\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>76,387 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryY4 subcategoryLY4\">\n<p class=\"MsoNormal\" align=\"right\"><span>63,679 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"43%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>More Personal Computing<\/span><\/p>\n<\/th>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ4 subcategoryCQ4\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>13,371 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ4 subcategoryLQ4\">\n<p class=\"MsoNormal\" align=\"right\"><span>12,604 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;<\/span><\/p>\n<\/td>\n<td width=\"12%\" nowrap valign=\"bottom\" headers=\"subcategoryY4 subcategoryCY4\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>41,198 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryY4 subcategoryLY4\">\n<p class=\"MsoNormal\" align=\"right\"><span>38,523 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"43%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Total<\/span><\/p>\n<\/th>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ4 subcategoryCQ4\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;$70,066 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ4 subcategoryLQ4\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;$61,858 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;<\/span><\/p>\n<\/td>\n<td width=\"12%\" nowrap valign=\"bottom\" headers=\"subcategoryY4 subcategoryCY4\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;$205,283 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryY4 subcategoryLY4\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;$180,395 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"43%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><b><span>Operating Income<\/span><\/b><\/p>\n<\/th>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ4 subcategoryCQ4\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ4 subcategoryLQ4\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;<\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;<\/span><\/p>\n<\/td>\n<td width=\"12%\" nowrap valign=\"bottom\" headers=\"subcategoryY4 subcategoryCY4\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryY4 subcategoryLY4\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"43%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Productivity and Business Processes<\/span><\/p>\n<\/th>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ4 subcategoryCQ4\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;$17,379 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ4 subcategoryLQ4\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;$15,143 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;<\/span><\/p>\n<\/td>\n<td width=\"12%\" nowrap valign=\"bottom\" headers=\"subcategoryY4 subcategoryCY4\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;$50,780 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryY4 subcategoryLY4\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;$43,955 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"43%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Intelligent Cloud<\/span><\/p>\n<\/th>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ4 subcategoryCQ4\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>11,095 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ4 subcategoryLQ4\">\n<p class=\"MsoNormal\" align=\"right\"><span>9,515 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;<\/span><\/p>\n<\/td>\n<td width=\"12%\" nowrap valign=\"bottom\" headers=\"subcategoryY4 subcategoryCY4\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>32,449 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryY4 subcategoryLY4\">\n<p class=\"MsoNormal\" align=\"right\"><span>27,978 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"43%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>More Personal Computing<\/span><\/p>\n<\/th>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ4 subcategoryCQ4\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>3,526 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ4 subcategoryLQ4\">\n<p class=\"MsoNormal\" align=\"right\"><span>2,923 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;<\/span><\/p>\n<\/td>\n<td width=\"12%\" nowrap valign=\"bottom\" headers=\"subcategoryY4 subcategoryCY4\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>10,976 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryY4 subcategoryLY4\">\n<p class=\"MsoNormal\" align=\"right\"><span>9,575 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"43%\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>Total<\/span><\/p>\n<\/th>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ4 subcategoryCQ4\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;$32,000 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryQ4 subcategoryLQ4\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;$27,581 <\/span><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;<\/span><\/p>\n<\/td>\n<td width=\"12%\" nowrap valign=\"bottom\" headers=\"subcategoryY4 subcategoryCY4\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;$94,205 <\/span><\/b><\/p>\n<\/td>\n<td width=\"2%\" nowrap valign=\"bottom\">\n<p class=\"MsoNormal\" align=\"right\"><b><span>&nbsp;<\/span><\/b><\/p>\n<\/td>\n<td width=\"11%\" nowrap valign=\"bottom\" headers=\"subcategoryY4 subcategoryLY4\">\n<p class=\"MsoNormal\" align=\"right\"><span>&nbsp;$81,508 <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<th width=\"100%\" colspan=\"8\" valign=\"bottom\" scope=\"row\"><\/th>\n<\/tr>\n<tr>\n<th width=\"100%\" colspan=\"8\" valign=\"bottom\" scope=\"row\">\n<p class=\"MsoNormal\"><span>We have recast certain prior period amounts to conform to the way we internally manage and monitor our business.<\/span><\/p>\n<\/th>\n<\/tr>\n<\/tbody>\n<\/table>\n<p class=\"MsoNormal\"><span>&nbsp;<\/span><\/p>\n<p> <!-- Press Release content ends here --> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Microsoft Cloud and AI Strength Drives Third Quarter Results REDMOND, Wash. \u2014 April 30, 2025 \u2014 Microsoft Corp. today announced the following results for the quarter ended March 31, 2025, as compared to the corresponding period of last fiscal year: \u00b7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Revenue was $70.1 billion and increased 13% (up 15% in constant currency) \u00b7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Operating [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49],"tags":[132,220,112],"class_list":["post-135180","post","type-post","status-publish","format-standard","hentry","category-microsoft-news","tag-investor-relations","tag-microsoft-earnings-results","tag-press-releases"],"_links":{"self":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts\/135180","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/comments?post=135180"}],"version-history":[{"count":0,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts\/135180\/revisions"}],"wp:attachment":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/media?parent=135180"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/categories?post=135180"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/tags?post=135180"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}