v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Aug. 01, 2026
Aug. 02, 2025
Aug. 01, 2026
Aug. 02, 2025
Income Statement [Abstract]        
Revenue $ 4,021,899 $ 2,880,348 $ 10,805,627 $ 7,943,590
Cost of sales 1,314,355 1,090,600 3,613,309 3,111,929
Gross margin 2,707,544 1,789,748 7,192,318 4,831,661
Operating expenses:        
Research and development 533,480 454,251 1,510,203 1,298,980
Selling, marketing, general and administrative 397,326 325,706 1,105,389 913,171
Amortization of intangibles 187,985 187,415 563,285 562,245
Special charges, net (24,216) 4,348 23,766 69,980
Total operating expenses 1,094,575 971,720 3,202,643 2,844,376
Operating income: 1,612,969 818,028 3,989,675 1,987,285
Nonoperating expense (income):        
Interest expense 88,728 79,592 262,692 229,559
Interest income (25,377) (27,083) (86,199) (72,295)
Other, net 3,749 2,110 (3,386) 5,108
Total nonoperating expense (income) 67,100 54,619 173,107 162,372
Income before income taxes 1,545,869 763,409 3,816,568 1,824,913
Provision for income taxes 205,779 244,891 469,302 345,309
Net income $ 1,340,090 $ 518,518 $ 3,347,266 $ 1,479,604
Shares used to compute earnings per common share – basic (in shares) 486,021 494,390 487,500 495,560
Shares used to compute earnings per common share – diluted (in shares) 488,837 496,726 490,317 497,865
Basic earnings per common share (in dollars per share) $ 2.76 $ 1.05 $ 6.87 $ 2.99
Diluted earnings per common share (in dollars per share) $ 2.74 $ 1.04 $ 6.83 $ 2.97