v3.24.1.1.u2
Revenue
6 Months Ended
May 04, 2024
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
Revenue Trends by End Market
The following tables summarize revenue by end market. The categorization of revenue by end market is determined using a variety of data points including the technical characteristics of the product, the “sold to” customer information, the “ship to” customer information and the end customer product or application into which the Company’s product will be incorporated. As data systems for capturing and tracking this data and the Company's methodology evolves and improves, the categorization of products by end market can vary over time. When this occurs, the Company reclassifies revenue by end market for prior periods. Such reclassifications typically do not materially change the sizing of, or the underlying trends of results within, each end market.
Three Months Ended
 May 4, 2024April 29, 2023
 Revenue% of Revenue*Y/Y%Revenue% of Revenue*
Industrial$1,014,847 47 %(44)%$1,823,831 56 %
Automotive658,238 30 %(10)%732,869 22 %
Communications240,776 11 %(45)%436,542 13 %
Consumer245,178 11 %(9)%269,688 %
Total revenue$2,159,039 100 %(34)%$3,262,930 100 %
Six Months Ended
May 4, 2024April 29, 2023
Revenue% of Revenue*Y/Y%Revenue% of Revenue*
Industrial$2,210,226 47 %(38)%$3,573,211 55 %
Automotive1,395,923 30 %(1)%1,411,430 22 %
Communications543,791 12 %(41)%914,794 14 %
Consumer521,803 11 %(15)%613,125 %
Total revenue$4,671,743 100 %(28)%$6,512,560 100 %
* The sum of the individual percentages may not equal the total due to rounding.
Revenue by Sales Channel
The following tables summarize revenue by channel. The Company sells its products globally through a direct sales force, third party distributors, independent sales representatives and via its website. Distributors are customers that buy products with the intention of reselling them. Direct customers are non-distributor customers and consist primarily of original equipment manufacturers. Other customers include the U.S. government, government prime contractors and certain commercial customers for which revenue is recorded over time.
Three Months Ended
May 4, 2024April 29, 2023
ChannelRevenue% of Revenue*Revenue% of Revenue*
   Distributors$1,248,382 58 %$1,996,410 61 %
   Direct customers873,593 40 %1,224,786 38 %
   Other37,064 %41,734 %
Total revenue$2,159,039 100 %$3,262,930 100 %
Six Months Ended
May 4, 2024April 29, 2023
ChannelRevenue% of Revenue*Revenue% of Revenue*
    Distributors$2,783,592 60 %$4,007,733 62 %
    Direct customers1,813,568 39 %2,420,320 37 %
    Other74,583 %84,507 %
Total revenue$4,671,743 100 %$6,512,560 100 %
* The sum of the individual percentages may not equal the total due to rounding.