v3.26.1
Condensed Consolidated Statements of Earnings (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Jul. 31, 2026
Jul. 31, 2025
Jul. 31, 2026
Jul. 31, 2025
Net revenue:        
Total net revenue $ 15,677 $ 13,932 $ 44,523 $ 40,656
Cost of net revenue:        
Total cost of net revenue 12,732 11,081 35,727 32,226
Gross profit 2,945 2,851 8,796 8,430
Research and development 389 406 1,213 1,204
Selling, general and administrative 1,537 1,452 4,555 4,391
Restructuring and other charges 48 110 539 302
Acquisition and divestiture charges 4 8 6 31
Amortization of intangible assets 75 159 220 287
Total operating expenses 2,053 2,135 6,533 6,215
Earnings from operations 892 716 2,263 2,215
Interest and other, net (94) (92) (301) (381)
Earnings before taxes 798 624 1,962 1,834
(Provision for) benefit from taxes (137) 139 (306) (100)
Net earnings $ 661 $ 763 $ 1,656 $ 1,734
Net earnings per share:        
Basic (usd per share) $ 0.72 $ 0.81 $ 1.80 $ 1.83
Diluted (usd per share) $ 0.71 $ 0.80 $ 1.79 $ 1.82
Weighted-average shares used to compute net earnings per share:        
Basic (in shares) 919 947 922 948
Diluted (in shares) 927 954 927 955
Products        
Net revenue:        
Total net revenue $ 14,825 $ 13,114 $ 41,986 $ 38,232
Cost of net revenue:        
Total cost of net revenue 12,256 10,599 34,312 30,800
Services        
Net revenue:        
Total net revenue 852 818 2,537 2,424
Cost of net revenue:        
Total cost of net revenue $ 476 $ 482 $ 1,415 $ 1,426