PROPERTY AND EQUIPMENT

9 Months Ended

Mar. 31, 2026

Property, Plant and Equipment [Abstract]

NOTE 6 — PROPERTY AND EQUIPMENT

The components of property and equipment were as follows:


(In millions)


	March 31, 2026			June 30, 2025

Land	$	9,813		$	9,338
Buildings and improvements		172,260			137,921
Leasehold improvements		15,444			12,117
Servers, network equipment, and software		190,883			132,836
Furniture and equipment		6,551			6,407


Total, at cost		394,951			298,619
Accumulated depreciation		(111,723	)		(93,653	)


Total, net	$	283,228		$	204,966

Depreciation expense was $9.0 billion and $24.0 billion for the three and nine months ended March 31, 2026, respectively, and $5.8 billion and $15.7 billion for the three and nine months ended March 31, 2025, respectively.

As of March 31, 2026 and June 30, 2025, purchases of property and equipment remaining in accounts payable were $22.6 billion and $6.9 billion, respectively.