Pay vs Performance Disclosure - USD ($)

12 Months Ended

Apr. 24, 2026

Apr. 25, 2025

Apr. 26, 2024

Apr. 28, 2023

Apr. 29, 2022

Pay vs Performance Disclosure

Pay vs Performance Disclosure, Table

Pay vs. Performance

As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and Item 402(v) of Regulation S-K, we are providing the following information about the relationship between executive compensation actually paid (as defined by SEC rules) ("CAP") and certain financial performance measures of the Company. For further information concerning our pay for performance philosophy and how we align executive compensation with the Company’s performance, refer to the Compensation Discussion & Analysis section of this Proxy Statement.

Pay vs. Performance Table


						Average		Average
						Summary		Compensation		Value of Initial Fixed $100
						Compensation		Actually Paid		Investment Based On:
	Summary		Compensation			Table Total for Non-		to Non-PEO				Peer Group				Adjusted
	Compensation		Actually Paid			PEO Named		Named		Total		Total				Operating
	Table Total for		to CEO/PEO			Executive		Executive		Shareholder		Shareholder		Net Income		Income
Fiscal Year(1)	CEO/PEO ($)		($)(2)			Officers ($)		Officers ($)(2)		Return ($)		Return ($)(3)		($ millions)		($ millions)(4)
2026		22,157,635		22,535,504			15,872,198		15,599,191		163.57		260.29		1,276		1,706
2025		23,127,224		4,745,188			10,520,090		5,324,959		130.57		171.25		1,186		1,476
2024		17,735,436		39,826,957			7,021,089		16,378,259		146.70		154.18		986		1,325
2023		11,364,543		(3,136,331	)		4,881,517		3,271,722		88.91		110.13		1,274		1,227
2022		18,883,551		17,384,526			8,466,683		4,539,483		100.38		101.89		937		1,251

(1)

The PEO for each year was George Kurian. The Non-PEO NEOs for (i) fiscal year 2026 were Cesar Cernuda, Wissam Jabre, Elizabeth M. O’Callahan, and Syam Nair (ii) fiscal year 2025 were Michael J. Berry, Cesar Cernuda, Harvinder S. Bhela, Wissam Jabre, and Elizabeth M. O’Callahan, (iii) fiscal years 2024 and 2023 were Michael J. Berry, Cesar Cernuda, Harvinder S. Bhela, and Elizabeth M. O’Callahan, and (iv) fiscal year 2022 were Michael J. Berry, Cesar Cernuda, Harvinder S. Bhela, Elizabeth M. O’Callahan, Bradley R. Anderson and Matthew K. Fawcett.

(2)

"Compensation Actually Paid" to the CEO/PEO and the average "Compensation Actually Paid" to the Non-PEO NEOs reflect the following adjustments from Total Compensation reported in the Summary Compensation Table:


	FY 2026 ($)
Total Equity Award Adjustments to Determine Compensation “Actually Paid”	CEO/PEO			Average Non-PEO
Total Reported in Summary Compensation Table		22,157,635			15,872,198
Less change in actuarial present value reported under the “Change in Pension Value and Nonqualified Deferred Compensation Earnings” column of the summary compensation table		—			—
Plus “service cost” for pension plans		—			—
Less for amounts reported under the “Stock Awards” column in the summary compensation table		(19,552,872	)		(13,683,653	)
Less for amounts reported under the “Option Awards” column in the summary compensation table		—			—
Plus the fair value of awards as of the end of the covered year granted during the covered year that remain outstanding and unvested as of year-end		15,773,672			11,276,756
Plus the change in fair value from prior year-end to current year-end of awards granted prior to covered year that were outstanding and unvested as of year-end		314,897			323,493
Plus fair value for awards that are granted and vested in the covered year		2,538,822			1,452,179
Plus the change in fair value from prior year-end to vesting date of awards granted prior to covered year that vested during covered year		1,303,350			358,218
Less the fair value as of prior year-end of awards granted prior to covered year that were forfeited during covered year		—			—
Plus the dollar value of any dividends or other earnings paid on awards in the covered year prior to the vesting date that are not otherwise included		—			—
Total Equity Award Adjustments		377,869			(273,007	)
Compensation Actually Paid		22,535,504			15,599,191

"Compensation Actually Paid" represents a nuanced calculation that includes the increase or decrease in value of certain elements of compensation over each fiscal year, including compensation granted in a prior year, in accordance with Item 402(v) of Regulation S-K. The amount of compensation ultimately received may, in fact, be different from the amounts disclosed in these columns of the Pay vs. Performance Table.

(3)

We selected the S&P 500 Information Technology Sector as our peer group for purposes of this disclosure, which is an industry peer group reported as required by Item 201(e) of Regulation S-K in the Company’s Annual Report on Form 10-K filed with the SEC on June 5, 2026. Historical stock performance is not necessarily indicative of future stock performance.

(4)

Adjusted Operating Income represents the most important financial performance measure (that is not otherwise required to be disclosed in the table) used by the Company to link compensation actually paid to our NEOs, including our CEO, for the most recently completed fiscal year to the Company’s performance. Adjusted Operating Income is non-GAAP operating income less stock-based compensation expense. For a reconciliation of Adjusted Operating Income to the most directly comparable GAAP financial measure and insight into how Adjusted Operating Income is considered by management, please see Annex A to this Proxy Statement.

Company Selected Measure Name

Adjusted Operating Income

Named Executive Officers, Footnote

Peer Group Issuers, Footnote

(3)

PEO Total Compensation Amount

$ 22,157,635

$ 23,127,224

$ 17,735,436

$ 11,364,543

$ 18,883,551

PEO Actually Paid Compensation Amount

$ 22,535,504

4,745,188

39,826,957

(3,136,331)

17,384,526

Adjustment To PEO Compensation, Footnote

(2)


	FY 2026 ($)
Total Equity Award Adjustments to Determine Compensation “Actually Paid”	CEO/PEO			Average Non-PEO
Total Reported in Summary Compensation Table		22,157,635			15,872,198
Less change in actuarial present value reported under the “Change in Pension Value and Nonqualified Deferred Compensation Earnings” column of the summary compensation table		—			—
Plus “service cost” for pension plans		—			—
Less for amounts reported under the “Stock Awards” column in the summary compensation table		(19,552,872	)		(13,683,653	)
Less for amounts reported under the “Option Awards” column in the summary compensation table		—			—
Plus the fair value of awards as of the end of the covered year granted during the covered year that remain outstanding and unvested as of year-end		15,773,672			11,276,756
Plus the change in fair value from prior year-end to current year-end of awards granted prior to covered year that were outstanding and unvested as of year-end		314,897			323,493
Plus fair value for awards that are granted and vested in the covered year		2,538,822			1,452,179
Plus the change in fair value from prior year-end to vesting date of awards granted prior to covered year that vested during covered year		1,303,350			358,218
Less the fair value as of prior year-end of awards granted prior to covered year that were forfeited during covered year		—			—
Plus the dollar value of any dividends or other earnings paid on awards in the covered year prior to the vesting date that are not otherwise included		—			—
Total Equity Award Adjustments		377,869			(273,007	)
Compensation Actually Paid		22,535,504			15,599,191

Non-PEO NEO Average Total Compensation Amount

$ 15,872,198

10,520,090

7,021,089

4,881,517

8,466,683

Non-PEO NEO Average Compensation Actually Paid Amount

$ 15,599,191

5,324,959

16,378,259

3,271,722

4,539,483

Adjustment to Non-PEO NEO Compensation Footnote

(2)


	FY 2026 ($)
Total Equity Award Adjustments to Determine Compensation “Actually Paid”	CEO/PEO			Average Non-PEO
Total Reported in Summary Compensation Table		22,157,635			15,872,198
Less change in actuarial present value reported under the “Change in Pension Value and Nonqualified Deferred Compensation Earnings” column of the summary compensation table		—			—
Plus “service cost” for pension plans		—			—
Less for amounts reported under the “Stock Awards” column in the summary compensation table		(19,552,872	)		(13,683,653	)
Less for amounts reported under the “Option Awards” column in the summary compensation table		—			—
Plus the fair value of awards as of the end of the covered year granted during the covered year that remain outstanding and unvested as of year-end		15,773,672			11,276,756
Plus the change in fair value from prior year-end to current year-end of awards granted prior to covered year that were outstanding and unvested as of year-end		314,897			323,493
Plus fair value for awards that are granted and vested in the covered year		2,538,822			1,452,179
Plus the change in fair value from prior year-end to vesting date of awards granted prior to covered year that vested during covered year		1,303,350			358,218
Less the fair value as of prior year-end of awards granted prior to covered year that were forfeited during covered year		—			—
Plus the dollar value of any dividends or other earnings paid on awards in the covered year prior to the vesting date that are not otherwise included		—			—
Total Equity Award Adjustments		377,869			(273,007	)
Compensation Actually Paid		22,535,504			15,599,191

Compensation Actually Paid vs. Total Shareholder Return

CAP and TSR

The graph below shows the relationship between (i) the total return to stockholders on our common stock and the return on the S&P 500 Information Technology Sector through the end of the listed fiscal year, in each case assuming that $100 was invested in our common stock and in the S&P 500 Information Technology Sector on April 30, 2021 and that any dividends were reinvested, and (ii) the CAP for our CEO/PEO and the average CAP for our non-PEO NEOs for each of fiscal 2026, 2025, 2024, 2023 and 2022.

Relationship Between Compensation Actually Paid and Company/Peer Group Total Shareholder Return

Compensation Actually Paid vs. Net Income

CAP and Net Income

The graph below shows the relationship between our net income and the CAP for our CEO/PEO and the average CAP for our non-PEO NEOs for each of fiscal 2026, 2025, 2024, 2023 and 2022.

Relationship Between Compensation Actually Paid and Net Income

Compensation Actually Paid vs. Company Selected Measure

CAP and Adjusted Operating Income

The graph below shows the relationship between our Adjusted Operating Income and the CAP for our CEO/PEO and the average CAP for our non-PEO NEOs for each of fiscal 2026, 2025, 2024, 2023 and 2022.

Relationship Between Compensation Actually Paid and Adjusted Operating Income

Tabular List, Table

Financial Performance Measures

As described in greater detail in the Compensation Discussion & Analysis section of this Proxy Statement, the Company’s executive compensation program reflects a pay-for-performance philosophy. We utilize metrics for our short- and long-term incentive compensation programs based on an objective of driving profitable growth and increasing stockholder value. Listed below are the financial and non-financial performance measures which in our assessment represent the most important performance measures we used to link compensation actually paid to our NEOs, including our CEO, for fiscal 2026, to Company performance.

These measures are not ranked by importance.

       Adjusted Operating Income*

      

       Revenue

      

       Billings**

      

       Relative Total Shareholder Return

      

* Adjusted Operating Income is calculated as non-GAAP operating income less stock-based compensation expense. For a reconciliation of Adjusted Operating Income to the most directly comparable GAAP financial measure and insight into how Adjusted Operating Income is considered by management, please see Annex A to this Proxy Statement.

** Billings is not prepared in accordance with GAAP. A definition of Billings can be found in the Long-Term Equity Incentive Compensation -- PBRSUs section on page 48 above.

Total Shareholder Return Amount

$ 163.57

130.57

146.7

88.91

100.38

Peer Group Total Shareholder Return Amount

260.29

171.25

154.18

110.13

101.89