v3.26.1
Industry and Segment Information
 6 Months Ended
May 02, 2026
Segment Reporting [Abstract]  
Industry and Segment Information Industry and Segment Information
The Company’s Chief Executive Officer and Chair has been identified as its Chief Operating Decision Maker (CODM). The following table presents a summary of consolidated net income inclusive of significant segment expenses and other expense information provided to the CODM:
Three Months EndedSix Months Ended
May 2, 2026May 3, 2025May 2, 2026May 3, 2025
Revenue
$3,623,465 $2,640,068 $6,783,728 $5,063,242 
Less:
Cost of sales, including human capital expenses therein1,183,667 1,028,458 2,298,955 2,021,329 
Operating expenses:
Employee compensation costs640,791 531,119 1,243,278 998,715 
Amortization of acquired intangible assets187,985 187,415 375,300 374,830 
Research and development related costs (excluding employee compensation costs)150,186 132,443 279,035 263,925 
Special charges, net— 1,745 47,982 65,632 
Other operating expense (excluding employee compensation costs) (1)
81,156 80,944 162,473 169,554 
Nonoperating expense (income)
54,852 52,016 106,006 107,753 
Provision for income taxes148,478 56,158 263,523 100,418 
Net income$1,176,350 $569,770 $2,007,176 $961,086 
_______________________________________
(1)Includes depreciation and amortization expenses, facilities expenses, legal expenses and other discretionary expenses.
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. The assignment of products to end markets may change 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 2, 2026May 3, 2025
 Revenue% of Revenue*Y/Y%Revenue% of Revenue*
Industrial$1,799,413 50 %56 %$1,150,315 44 %
Automotive871,565 24 %2 %856,090 32 %
Communications554,728 15 %79 %310,604 12 %
Consumer397,759 11 %23 %323,059 12 %
Total revenue$3,623,465 100 %37 %$2,640,068 100 %
Six Months Ended
May 2, 2026May 3, 2025
Revenue% of Revenue*Y/Y%Revenue% of Revenue*
Industrial$3,296,449 49 %48 %$2,220,569 44 %
Automotive1,681,709 25 %5 %1,596,349 32 %
Communications1,009,911 15 %65 %610,905 12 %
Consumer795,659 12 %25 %635,419 13 %
Total revenue$6,783,728 100 %34 %$5,063,242 100 %
* The sum of the individual percentages may not equal the total due to rounding.
Revenue by Sales Channel
The following tables summarize revenue by sales 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 2, 2026May 3, 2025
ChannelRevenue% of Revenue*Revenue% of Revenue*
   Distributors$2,071,312 57 %$1,480,088 56 %
   Direct customers1,520,090 42 %1,125,775 43 %
   Other32,063 1 %34,205 1 %
Total revenue$3,623,465 100 %$2,640,068 100 %
Six Months Ended
May 2, 2026May 3, 2025
ChannelRevenue% of Revenue*Revenue% of Revenue*
    Distributors$3,813,606 56 %$2,855,552 56 %
    Direct customers2,897,220 43 %2,145,647 42 %
    Other72,902 1 %62,043 1 %
Total revenue$6,783,728 100 %$5,063,242 100 %
* The sum of the individual percentages may not equal the total due to rounding.