v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jul. 31, 2026
Aug. 01, 2025
Jul. 31, 2026
Aug. 01, 2025
Net revenue:        
Total net revenue $ 46,971 $ 29,776 $ 90,813 $ 53,154
Cost of net revenue:        
Total cost of net revenue 37,141 24,329 73,201 42,770
Gross margin 9,830 5,447 17,612 10,384
Operating expenses:        
Selling, general, and administrative 3,336 2,889 6,479 5,853
Research and development 1,109 785 2,092 1,593
Total operating expenses 4,445 3,674 8,571 7,446
Operating income 5,385 1,773 9,041 2,938
Interest and other, net (254) (333) 38 (415)
Income before income taxes 5,131 1,440 9,079 2,523
Income tax expense 998 276 1,508 394
Net income $ 4,133 $ 1,164 $ 7,571 $ 2,129
Earnings per share:        
Basic (in dollars per share) $ 6.41 $ 1.72 $ 11.70 $ 3.11
Diluted (in dollars per share) $ 6.34 $ 1.70 $ 11.58 $ 3.07
Weighted-average shares outstanding:        
Basic (in shares) 645 678 647 685
Diluted (in shares) 652 686 654 694
Products        
Net revenue:        
Total net revenue $ 41,112 $ 23,935 $ 79,217 $ 41,534
Cost of net revenue:        
Total cost of net revenue 33,990 21,044 66,842 36,160
Services        
Net revenue:        
Total net revenue 5,859 5,841 11,596 11,620
Cost of net revenue:        
Total cost of net revenue $ 3,151 $ 3,285 $ 6,359 $ 6,610