v3.26.1
SEGMENT INFORMATION (Tables)
 3 Months Ended
May 01, 2026
Segment Reporting [Abstract]  
Schedule of Reconciliation of Revenue by Reportable Segments to Consolidated Net Revenue
The following table presents a reconciliation of net revenue by the Company’s reportable segments to the Company’s consolidated net revenue as well as a reconciliation of segment operating income to the Company’s consolidated operating income for the periods indicated:
 Three Months Ended
 May 1, 2026May 2, 2025
 (in millions)
Consolidated net revenue:  
Infrastructure Solutions Group$29,009 $10,317 
Client Solutions Group14,609 12,509 
Reportable segment net revenue43,618 22,826 
Corporate and other (a)224 552 
Total consolidated net revenue$43,842 $23,378 
Consolidated operating income:
Infrastructure Solutions Group$3,055 $998 
Client Solutions Group1,170 653 
Reportable segment operating income (b)4,225 1,651 
Corporate and other (a)10 15 
Amortization of intangibles (c)(97)(126)
Stock-based compensation expense (d)(189)(190)
Other corporate expenses (e)(293)(185)
Total consolidated operating income (f)$3,656 $1,165 
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(a)Corporate and other includes VMware Resale and other items that are managed at the corporate level and are not allocated to reportable segments.
(b)Depreciation expense directly attributable to each reportable segment is included in the operating results of each segment. However, the CODM does not evaluate depreciation expense by operating segment, and therefore such expense is not separately presented.
(c)Amortization of intangibles includes non-cash purchase accounting adjustments that are primarily related to the acquisition by merger of EMC Corporation in 2016.
(d)Stock-based compensation expense consists of equity awards granted based on the estimated fair value of those awards at grant date.
(e)Other corporate expenses includes severance expenses, payroll taxes associated with stock-based compensation, incentive charges related to equity investments, transaction-related expenses, and impairment charges.
(f)Income and expenses within interest and other, net, is not allocated to the reportable segments. Therefore, the Company does not report below reportable segment operating income.
Schedule of Significant Expense Categories by Reportable Segment
The following table presents the significant expense categories by reportable segment for the periods indicated:
 Three Months Ended
 May 1, 2026May 2, 2025
 (in millions)
Infrastructure Solutions Group:
Cost of net revenue$23,475 $7,050 
Selling, general, and administrative$1,794 $1,695 
Research and development$685 $574 
Client Solutions Group:
Cost of net revenue$12,204 $10,738 
Selling, general, and administrative$1,043 $982 
Research and development$192 $136 
Schedule of Disaggregation of Net Revenue
The following table presents the disaggregation of net revenue by reportable segment and by major product categories within the segments for the periods indicated:
 Three Months Ended
 May 1, 2026May 2, 2025
 (in millions)
Net revenue: 
Infrastructure Solutions Group:
AI-optimized servers$16,132 $1,882 
Traditional servers and networking8,543 4,439 
Storage4,334 3,996 
Total ISG net revenue$29,009 $10,317 
Client Solutions Group:
Commercial$13,020 $11,046 
Consumer1,589 1,463 
Total CSG net revenue$14,609 $12,509