Segment, Geographic, and Significant Customer Information (Tables)
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12 Months Ended |
Apr. 24, 2026 |
| Segment Reporting [Abstract] |
|
| Schedule of Financial Information by Segment |
Financial information by segment is as follows (in millions):
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Year Ended April 24, 2026 |
|
|
Hybrid Cloud |
|
|
Public Cloud |
|
|
Total |
|
Product revenues |
$ |
3,194 |
|
|
$ |
— |
|
|
$ |
3,194 |
|
Support revenues |
|
2,636 |
|
|
|
— |
|
|
|
2,636 |
|
Professional and other services revenues |
|
407 |
|
|
|
— |
|
|
|
407 |
|
Public cloud revenues |
|
— |
|
|
|
688 |
|
|
|
688 |
|
Net revenues |
|
6,237 |
|
|
|
688 |
|
|
|
6,925 |
|
Cost of product revenues |
|
1,395 |
|
|
|
— |
|
|
|
1,395 |
|
Cost of support revenues |
|
198 |
|
|
|
— |
|
|
|
198 |
|
Cost of professional and other services revenues |
|
281 |
|
|
|
— |
|
|
|
281 |
|
Cost of public cloud revenues |
|
— |
|
|
|
113 |
|
|
|
113 |
|
Segment cost of revenues |
|
1,874 |
|
|
|
113 |
|
|
|
1,987 |
|
Segment gross profit |
$ |
4,363 |
|
|
$ |
575 |
|
|
$ |
4,938 |
|
Unallocated cost of revenues1 |
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|
|
|
|
|
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(39 |
) |
Operating expenses |
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|
|
|
|
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(3,225 |
) |
Other expense, net |
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|
|
|
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(26 |
) |
Income before income taxes |
|
|
|
|
|
|
$ |
1,648 |
|
1 Unallocated cost of revenues are composed of $28 million of stock-based compensation expense and $11 million of amortization of intangible assets. |
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Year Ended April 25, 2025 |
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Hybrid Cloud |
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|
Public Cloud |
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|
Total |
|
Product revenues |
$ |
3,040 |
|
|
$ |
— |
|
|
$ |
3,040 |
|
Support revenues |
|
2,512 |
|
|
|
— |
|
|
|
2,512 |
|
Professional and other services revenues |
|
355 |
|
|
|
— |
|
|
|
355 |
|
Public cloud revenues |
|
— |
|
|
|
665 |
|
|
|
665 |
|
Net revenues |
|
5,907 |
|
|
|
665 |
|
|
|
6,572 |
|
Cost of product revenues |
|
1,278 |
|
|
|
— |
|
|
|
1,278 |
|
Cost of support revenues |
|
197 |
|
|
|
— |
|
|
|
197 |
|
Cost of professional and other services revenues |
|
261 |
|
|
|
— |
|
|
|
261 |
|
Cost of public cloud revenues |
|
— |
|
|
|
165 |
|
|
|
165 |
|
Segment cost of revenues |
|
1,736 |
|
|
|
165 |
|
|
|
1,901 |
|
Segment gross profit |
$ |
4,171 |
|
|
$ |
500 |
|
|
$ |
4,671 |
|
Unallocated cost of revenues1 |
|
|
|
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|
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(58 |
) |
Operating expenses |
|
|
|
|
|
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(3,276 |
) |
Other income, net |
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|
|
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|
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|
46 |
|
Income before income taxes |
|
|
|
|
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|
$ |
1,383 |
|
1 Unallocated cost of revenues are composed of $30 million of stock-based compensation expense and $28 million of amortization of intangible assets. |
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Year Ended April 26, 2024 |
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|
Hybrid Cloud |
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|
Public Cloud |
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Total |
|
Product revenues |
$ |
2,849 |
|
|
$ |
— |
|
|
$ |
2,849 |
|
Support revenues |
|
2,488 |
|
|
|
— |
|
|
|
2,488 |
|
Professional and other services revenues |
|
320 |
|
|
|
— |
|
|
|
320 |
|
Public cloud revenues |
|
— |
|
|
|
611 |
|
|
|
611 |
|
Net revenues |
|
5,657 |
|
|
|
611 |
|
|
|
6,268 |
|
Cost of product revenues |
|
1,131 |
|
|
|
— |
|
|
|
1,131 |
|
Cost of support revenues |
|
195 |
|
|
|
— |
|
|
|
195 |
|
Cost of professional and other services revenues |
|
243 |
|
|
|
— |
|
|
|
243 |
|
Cost of public cloud revenues |
|
— |
|
|
|
203 |
|
|
|
203 |
|
Segment cost of revenues |
|
1,569 |
|
|
|
203 |
|
|
|
1,772 |
|
Segment gross profit |
$ |
4,088 |
|
|
$ |
408 |
|
|
$ |
4,496 |
|
Unallocated cost of revenues1 |
|
|
|
|
|
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(63 |
) |
Operating expenses |
|
|
|
|
|
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(3,219 |
) |
Other income, net |
|
|
|
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|
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|
49 |
|
Income before income taxes |
|
|
|
|
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|
$ |
1,263 |
|
1 Unallocated cost of revenues are composed of $29 million of stock-based compensation expense and $34 million of amortization of intangible assets. |
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Hybrid Cloud Segment Net Revenues by Storage Category are as follows (in millions):
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Year Ended |
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April 24, 2026 |
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April 25, 2025 |
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April 26, 2024 |
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All-flash revenues |
|
$ |
4,178 |
|
|
$ |
3,763 |
|
|
$ |
3,262 |
|
Hybrid-flash and other revenues |
|
|
2,059 |
|
|
|
2,144 |
|
|
|
2,395 |
|
Hybrid Cloud segment net revenues |
|
$ |
6,237 |
|
|
$ |
5,907 |
|
|
$ |
5,657 |
|
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| Hybrid cloud segment net revenues by storage category [Table Textblock] |
Hybrid Cloud Segment Net Revenues by Storage Category are as follows (in millions):
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Year Ended |
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|
April 24, 2026 |
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April 25, 2025 |
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April 26, 2024 |
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All-flash revenues |
|
$ |
4,178 |
|
|
$ |
3,763 |
|
|
$ |
3,262 |
|
Hybrid-flash and other revenues |
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|
2,059 |
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|
2,144 |
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|
2,395 |
|
Hybrid Cloud segment net revenues |
|
$ |
6,237 |
|
|
$ |
5,907 |
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|
$ |
5,657 |
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| Schedule of Revenues by Geographic Region |
Revenues summarized by geographic region are as follows (in millions):
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Year Ended |
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April 24, 2026 |
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April 25, 2025 |
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|
April 26, 2024 |
|
United States, Canada and Latin America (Americas) |
|
$ |
3,505 |
|
|
$ |
3,347 |
|
|
$ |
3,193 |
|
Europe, Middle East and Africa (EMEA) |
|
|
2,358 |
|
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|
2,204 |
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|
|
2,104 |
|
Asia Pacific (APAC) |
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|
1,062 |
|
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|
1,021 |
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|
|
971 |
|
Net revenues |
|
$ |
6,925 |
|
|
$ |
6,572 |
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|
$ |
6,268 |
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| Schedule of Cash, Cash Equivalents and Short-Term Investments |
The following table presents cash, cash equivalents and short-term investments held in the U.S. and internationally in various foreign subsidiaries (in millions):
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April 24, 2026 |
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April 25, 2025 |
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U.S. |
|
$ |
1,322 |
|
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$ |
1,320 |
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International |
|
|
2,262 |
|
|
|
2,526 |
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Total |
|
$ |
3,584 |
|
|
$ |
3,846 |
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| Schedule of Property and Equipment, Net by Geographic Areas |
The following table presents property and equipment information for geographic areas based on the physical location of the assets (in millions):
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April 24, 2026 |
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|
April 25, 2025 |
|
U.S. |
|
$ |
373 |
|
|
$ |
344 |
|
International |
|
|
219 |
|
|
|
219 |
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Total |
|
$ |
592 |
|
|
$ |
563 |
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| Schedule of Revenues from Significant Customers |
Two customers, each of which is a distributor, accounted for 10% or more of our net revenues:
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Year Ended |
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April 24, 2026 |
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April 25, 2025 |
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April 26, 2024 |
|
Customer A |
|
|
22 |
% |
|
|
21 |
% |
|
|
22 |
% |
Customer B |
|
|
21 |
% |
|
|
24 |
% |
|
|
22 |
% |
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| Schedule of Net Accounts Receivable from Significant Customers |
Two customers, each of which is a distributor, accounted for 10% or more of accounts receivable:
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April 24, 2026 |
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April 25, 2025 |
|
Customer A |
|
* |
|
|
|
10 |
% |
Customer B |
|
|
18 |
% |
|
|
27 |
% |
* Customer accounted for less than 10% of accounts receivable. |
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