v3.26.1
Revenue (Tables)
 12 Months Ended
Jul. 25, 2026
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
The following table presents this disaggregation of revenue (in millions):
Years EndedJuly 25, 2026July 26, 2025July 27, 2024
Product revenue:
Networking$34,668 $28,304 $29,229 
Security8,232 8,094 5,075 
Collaboration4,300 4,154 4,113 
Observability1,095 1,055 837 
Total Product48,295 41,608 39,253 
Services15,030 15,046 14,550 
Total revenue$63,325 $56,654 $53,803 
Our subscription revenue is recorded in product and services revenue in our Consolidated Statements of Operations as follows (in millions):
Years EndedJuly 25, 2026July 26, 2025July 27, 2024
Product$18,314 $17,783 $14,078 
Services13,663 13,743 13,302 
Total$31,977 $31,526 $27,380 
The following table presents revenue for groups of similar products and services (in millions):
Years EndedJuly 25, 2026July 26, 2025July 27, 2024
Revenue:
Networking$34,668 $28,304 $29,229 
Security8,232 8,094 5,075 
Collaboration4,300 4,154 4,113 
Observability1,095 1,055 837 
Total Product48,295 41,608 39,253 
Services15,030 15,046 14,550 
Total$63,325 $56,654 $53,803 
Allowance for Credit Loss for Accounts Receivable
The allowances for credit loss for our accounts receivable are summarized as follows (in millions):
July 25, 2026July 26, 2025July 27, 2024
Allowance for credit loss at beginning of fiscal year$69 $87 $85 
Provisions24 33 36 
Write-offs, net of recoveries(15)(51)(34)
Allowance for credit loss at end of fiscal year$78 $69 $87 
Schedule of Gross Contract Assets by Internal Risk Ratings
Gross contract assets by our internal risk ratings are summarized as follows (in millions):
July 25, 2026July 26, 2025
1 to 4$1,355 $1,358 
5 to 62,015 1,868 
7 and Higher99 73 
Total$3,469 $3,299