Information about our single reportable segment revenue, net income and significant segment expenses for the three months ended February 27, 2026 and February 28, 2025 were as follows:



(dollars in millions)	2026		2025
Revenue	$	6,398	$	5,714
Less:
Cost of revenue(1)	630		550
Research and development expenses(1)	834		782
Sales and marketing expenses(1)	1,566		1,360
General and administrative expenses(1)	333		307
Stock-based and deferred compensation expense	514		469
Amortization of purchased intangibles	39		83
Loss contingency	62		—
Acquisition-related expenses	2		—

Non-operating (income) expense, net(2)	(4)		(19)
Income before income taxes	2,422		2,182
Provision for income taxes	533		371
Net income	$	1,889	$	1,811

(1)Excludes stock-based and deferred compensation expenses, amortization of purchased intangibles, and certain loss contingencies and acquisition-related expenses, which are presented separately within this table.

(2)Includes interest income of $63 million and $80 million for the three months ended February 27, 2026 and February 28, 2025, respectively.