v3.26.1
Segment, Geographic, and Significant Customer Information (Tables)
12 Months Ended
Apr. 24, 2026
Segment Reporting [Abstract]  
Schedule of Financial Information by Segment

Financial information by segment is as follows (in millions):

 

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

 

 

 

 

 

 

 

(39

)

   Operating expenses

 

 

 

 

 

 

 

(3,225

)

   Other expense, net

 

 

 

 

 

 

 

(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.

 

 

 

Year Ended April 25, 2025

 

 

Hybrid Cloud

 

 

Public Cloud

 

 

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

 

 

 

 

 

 

 

(58

)

   Operating expenses

 

 

 

 

 

 

 

(3,276

)

   Other income, net

 

 

 

 

 

 

 

46

 

                   Income before income taxes

 

 

 

 

 

 

$

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.

 

 

 

 

Year Ended April 26, 2024

 

 

Hybrid Cloud

 

 

Public Cloud

 

 

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

 

 

 

 

 

 

 

(63

)

   Operating expenses

 

 

 

 

 

 

 

(3,219

)

   Other income, net

 

 

 

 

 

 

 

49

 

                   Income before income taxes

 

 

 

 

 

 

$

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.

 

Hybrid Cloud Segment Net Revenues by Storage Category are as follows (in millions):

 

 

 

Year Ended

 

 

 

April 24, 2026

 

 

April 25, 2025

 

 

April 26, 2024

 

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

 

Hybrid cloud segment net revenues by storage category [Table Textblock]

Hybrid Cloud Segment Net Revenues by Storage Category are as follows (in millions):

 

 

 

Year Ended

 

 

 

April 24, 2026

 

 

April 25, 2025

 

 

April 26, 2024

 

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

 

Schedule of Revenues by Geographic Region

Revenues summarized by geographic region are as follows (in millions):

 

 

Year Ended

 

 

 

April 24, 2026

 

 

April 25, 2025

 

 

April 26, 2024

 

United States, Canada and Latin America (Americas)

 

$

3,505

 

 

$

3,347

 

 

$

3,193

 

Europe, Middle East and Africa (EMEA)

 

 

2,358

 

 

 

2,204

 

 

 

2,104

 

Asia Pacific (APAC)

 

 

1,062

 

 

 

1,021

 

 

 

971

 

Net revenues

 

$

6,925

 

 

$

6,572

 

 

$

6,268

 

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):

 

 

April 24, 2026

 

 

April 25, 2025

 

U.S.

 

$

1,322

 

 

$

1,320

 

International

 

 

2,262

 

 

 

2,526

 

Total

 

$

3,584

 

 

$

3,846

 

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):

 

 

April 24, 2026

 

 

April 25, 2025

 

U.S.

 

$

373

 

 

$

344

 

International

 

 

219

 

 

 

219

 

Total

 

$

592

 

 

$

563

 

 

Schedule of Revenues from Significant Customers

Two customers, each of which is a distributor, accounted for 10% or more of our net revenues:

 

 

 

Year Ended

 

 

 

April 24, 2026

 

 

April 25, 2025

 

 

April 26, 2024

 

Customer A

 

 

22

%

 

 

21

%

 

 

22

%

Customer B

 

 

21

%

 

 

24

%

 

 

22

%

Schedule of Net Accounts Receivable from Significant Customers

Two customers, each of which is a distributor, accounted for 10% or more of accounts receivable:

 

 

April 24, 2026

 

 

April 25, 2025

 

Customer A

 

*

 

 

 

10

%

Customer B

 

 

18

%

 

 

27

%

    * Customer accounted for less than 10% of accounts receivable.