v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Aug. 02, 2025
Aug. 03, 2024
Aug. 02, 2025
Aug. 03, 2024
Income Statement [Abstract]        
Revenue $ 2,880,348 $ 2,312,209 $ 7,943,590 $ 6,983,952
Cost of sales 1,090,600 1,000,970 3,111,929 3,018,737
Gross margin 1,789,748 1,311,239 4,831,661 3,965,215
Operating expenses:        
Research and development 454,251 362,671 1,298,980 1,108,960
Selling, marketing, general and administrative 325,706 257,213 913,171 791,420
Amortization of intangibles 187,415 187,754 562,245 567,030
Special charges, net 4,348 12,282 69,980 34,399
Total operating expenses 971,720 819,920 2,844,376 2,501,809
Operating income: 818,028 491,319 1,987,285 1,463,406
Nonoperating expense (income):        
Interest expense 79,592 85,179 229,559 239,423
Interest income (27,083) (26,432) (72,295) (50,870)
Other, net 2,110 9,581 5,108 13,841
Total nonoperating expense (income) 54,619 68,328 162,372 202,394
Income before income taxes 763,409 422,991 1,824,913 1,261,012
Provision for income taxes 244,891 30,759 345,309 103,811
Net income $ 518,518 $ 392,232 $ 1,479,604 $ 1,157,201
Shares used to compute earnings per common share – basic (in shares) 494,390 496,338 495,560 496,077
Shares used to compute earnings per common share – diluted (in shares) 496,726 498,794 497,865 498,689
Basic earnings per common share (in dollars per share) $ 1.05 $ 0.79 $ 2.99 $ 2.33
Diluted earnings per common share (in dollars per share) $ 1.04 $ 0.79 $ 2.97 $ 2.32