v3.26.1
Segment Information
 9 Months Ended
Aug. 02, 2026
Segment Reporting [Abstract]  
Segment Information Segment Information
Reportable Segments
We have two reportable segments: semiconductor solutions and infrastructure software. Each segment has separate financial information. The CODM considers actual and expected results of regularly provided net revenue, cost of revenue, operating expenses and operating income by segment during the budgeting and forecasting processes to support strategic decision-making and to evaluate the performance of and allocate resources to each of the segments. Operating income by segment includes items that are directly attributable to each segment and shared expenses such as marketing, general and administrative activities, facilities and IT expenses. Shared expenses are primarily allocated based on revenue and headcount.
Semiconductor solutions. Our semiconductor solutions are used in a wide array of environments, end products and applications such as enterprise and AI data centers, servers and networking and connectivity equipment, as well as storage systems, home connectivity devices, set-top boxes, broadband access, telecommunication equipment, wireless devices and base stations, factory automation, power generation and alternative energy systems, and electronic displays. Our semiconductor solutions segment also includes our IP licensing.
Infrastructure software. Our infrastructure software solutions include revenues from software arrangements, related support, and professional services that help enterprises simplify their IT environments. Our customers rely on our infrastructure and security software solutions to modernize, optimize, and secure the most complex private cloud, hybrid cloud and edge environments. This enables scalability, agility, automation, insights, resiliency and security, making it easy for customers to run their mission-critical workloads. We also offer mission-critical FC SAN products and related software.
Stock-based compensation expense, amortization of acquisition-related intangible assets, restructuring and other charges, and acquisition-related costs are not used in evaluating the results of, or in allocating resources to, our segments and therefore are not allocated to each segment. The CODM does not evaluate each segment using discrete asset information. Depreciation expense directly attributable to each reportable segment is included in the operating results of each segment. However, the CODM does not evaluate depreciation expense by segment and, therefore, it is not separately presented. There was no inter-segment revenue for any of the periods presented. The accounting policies of the segments are the same as those described in the “Summary of Significant Accounting Policies” included in the Annual Report on Form 10-K for fiscal year 2025.
Fiscal Quarter EndedThree Fiscal Quarters Ended
August 2,
2026		August 3,
2025		August 2,
2026		August 3,
2025
(In millions)
Semiconductor solutions:
Net revenue$20,839 $9,166 $48,363 $25,786 
Cost of revenue6,892 2,988 15,414 8,235 
Research and development1,006 850 2,946 2,488 
Selling, general and administrative171 111 449 334 
 Operating income $12,770 $5,217 $29,554 $14,729 
Infrastructure software:
Net revenue$8,752 $6,786 $22,726 $20,086 
Cost of revenue508 465 1,507 1,431 
Research and development545 627 1,723 1,944 
Selling, general and administrative374 456 1,201 1,364 
 Operating income $7,325 $5,238 $18,295 $15,347 
Total:
Net revenue$29,591 $15,952 $71,089 $45,872 
Cost of revenue7,400 3,453 16,921 9,666 
Research and development1,551 1,477 4,669 4,432 
Selling, general and administrative545 567 1,650 1,698 
Unallocated expenses:
Stock-based compensation2,019 2,322 6,287 5,373 
Amortization of acquisition-related intangible assets2,006 2,026 5,942 6,010 
Restructuring and other charges115 213 312 513 
Acquisition-related costs
— 7 2 204 
 Operating income $15,955 $5,887 $35,306 $17,976