v3.25.4
DEFERRED REVENUES
 9 Months Ended
Feb. 28, 2026
Deferred Revenue Disclosure [Abstract]  
DEFERRED REVENUES
5.
DEFERRED REVENUES

Deferred revenues consisted of the following:

 

(in millions)

 

February 28,
2026

 

 

May 31,
2025

 

Cloud

 

$

3,394

 

 

$

2,959

 

Software

 

 

5,480

 

 

 

5,350

 

Hardware

 

 

495

 

 

 

614

 

Services

 

 

512

 

 

 

464

 

Deferred revenues, current

 

 

9,881

 

 

 

9,387

 

Deferred revenues, non-current (in other non-current liabilities)

 

 

1,301

 

 

 

1,346

 

Total deferred revenues

 

$

11,182

 

 

$

10,733

 

 

Deferred cloud revenues, deferred software revenues and deferred hardware revenues substantially represent customer payments made in advance for cloud or support contracts that are billed in advance with corresponding revenues generally being recognized ratably or based upon customer usage over the respective contractual periods. Deferred services revenues include prepayments for our services business and revenues for these services are generally recognized as the services are performed.