v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Jul. 31, 2026
Jul. 25, 2025
Revenues:    
Net revenues $ 2,025 $ 1,559
Cost of revenues:    
Total cost of revenues 606 461
Gross profit 1,419 1,098
Operating expenses:    
Sales and marketing 507 461
Research and development 274 242
General and administrative 98 84
Restructuring charges 56 2
Total operating expenses 935 789
Income from operations 484 309
Other expense, net 0 (5)
Income before income taxes 484 304
Provision for income taxes 109 71
Net income $ 375 $ 233
Net income per share:    
Basic $ 1.91 $ 1.16
Diluted $ 1.88 $ 1.15
Shares used in net income per share calculations:    
Basic 196 201
Diluted 200 203
Product    
Revenues:    
Net revenues $ 987 $ 654
Cost of revenues:    
Total cost of revenues 450 302
Service    
Revenues:    
Net revenues 1,038 905
Cost of revenues:    
Total cost of revenues $ 156 $ 159