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Industry, Segment and Geographic Information
12 Months Ended
Nov. 01, 2025
Segment Reporting [Abstract]  
Industry, Segment and Geographic Information Industry, Segment and Geographic Information
The Company operates and tracks its results at the consolidated company level in one operating segment and one reportable segment. The Company designs, develops, manufactures and markets a broad range of ICs. The Company uses a highly-integrated approach in developing its products in that discrete technologies developed by the Company are frequently integrated across many of its products, and substantially all of the Company’s ICs are manufactured under similar processes with raw materials in either the Company’s own production facilities or by third-party wafer fabricators using proprietary processes. The ICs marketed by the Company are sold globally through a direct sales force, third-party distributors, independent sales representatives and via the Company’s website to the same types of customers spanning a wide range of applications. Accordingly, the Company operates under a single operating segment.
The Company’s Chair and Chief Executive Officer has been identified as its Chief Operating Decision Maker (CODM). The Company’s organizational structure is based along functional lines with each functional manager reporting to the CODM or to a direct report of the CODM. The CODM regularly reviews income and expense items at the consolidated company level. He primarily uses consolidated net income as reported on the Consolidated Statements of Operations to evaluate performance and allocate resources. This measure is utilized during the Company’s budgeting and forecasting process to assess profitability and inform strategic initiatives, capital allocation and other operating decisions. The measure of segment assets is reported on the Consolidated Balance Sheets as total assets.
The following table presents a summary of consolidated net income inclusive of significant segment expenses and other expense information provided to the CODM:
Year Ended
November 1, 2025November 2, 2024October 28, 2023
Revenue
$11,019,707 $9,427,157 $12,305,539 
Less:
Cost of sales, including human capital expenses therein4,246,229 4,045,814 4,428,321 
Operating expenses:
Employee compensation costs2,148,609 1,768,311 2,051,976 
Amortization of acquired intangible assets749,662 754,784 959,618 
Research and development related costs (excluding employee compensation costs)530,071 466,134 498,281 
Special charges, net69,980 37,258 160,710 
Other operating expense (excluding employee compensation costs) (1)
342,660 322,058 383,521 
Nonoperating expense (income)
220,384 255,458 215,109 
Provision for income taxes444,770 142,067 293,424 
Net income$2,267,342 $1,635,273 $3,314,579 
_______________________________________
(1)Includes depreciation and amortization expenses, facilities expenses, legal expenses and other discretionary expenses.
Revenue Trends by End Market
The following table summarizes revenue by end market. The categorization of revenue by end market is determined using a variety of data points including the technical characteristics of the product, the “sold to” customer information, the “ship to” customer information and the end customer product or application into which the Company’s product will be incorporated. As data systems for capturing and tracking this data and the Company’s methodology evolves and improves, the categorization of products by end market can vary over time. When this occurs, the Company reclassifies revenue by end market for prior periods. Such reclassifications typically do not materially change the sizing of, or the underlying trends of results within each end market.
 202520242023
Revenue% of
Total
Revenue (1)
Revenue% of
Total
Revenue (1)
Revenue% of
Total
Revenue (1)
Industrial$4,929,409 45 %$4,290,324 46 %$6,565,376 53 %
Automotive3,277,865 30 %2,837,522 30 %2,903,979 24 %
Consumer1,434,568 13 %1,207,880 13 %1,244,598 10 %
Communications1,377,865 13 %1,091,431 12 %1,591,586 13 %
Total revenue$11,019,707 100 %$9,427,157 100 %$12,305,539 100 %
_______________________________________
(1)The sum of the individual percentages may not equal the total due to rounding.
Revenue by Sales Channel
The following table summarizes revenue by sales channel. The Company sells its products globally through a direct sales force, third-party distributors, independent sales representatives and via its website. Distributors are customers that buy products with the intention of reselling them. Direct customers are non-distributor customers and consist primarily of original equipment manufacturers (OEMs). Other customers include the U.S. government, government prime contractors and certain commercial customers for which revenue is recorded over time.
202520242023
Revenue% of
Total
Revenue (1)
Revenue% of
Total
Revenue (1)
Revenue% of
Total
Revenue (1)
Distributors$6,144,819 56 %$5,505,779 58 %$7,534,894 61 %
Direct customers4,718,993 43 %3,772,945 40 %4,603,166 37 %
Other155,895 %148,433 %167,479 %
Total revenue$11,019,707 100 %$9,427,157 100 %$12,305,539 100 %
_______________________________________
(1)The sum of the individual percentages may not equal the total due to rounding.
Geographic Information
Geographic revenue information for fiscal 2025, fiscal 2024 and fiscal 2023 reflects the geographic location of the distributors or OEMs who purchased the Company’s products. This may differ from the geographic location of the end customers particularly in cases where a third-party contract manufacturer purchases the Company’s products through distributors. In all periods presented, the predominant regions comprising “Rest of North and South America” are Mexico and Canada; the predominant regions comprising “Europe” are Germany, the Netherlands, France and Israel; and the predominant regions comprising “Rest of Asia” are Taiwan, South Korea, Malaysia and Singapore.
202520242023
Revenue   
United States$3,238,145 $2,840,426 $4,165,296 
Rest of North and South America162,470 62,318 88,579 
Europe2,285,598 2,109,529 3,001,871 
Japan989,916 1,085,631 1,397,119 
China2,858,286 2,128,840 2,229,631 
Rest of Asia1,485,292 1,200,413 1,423,043 
Subtotal all foreign regions
7,781,562 6,586,731 8,140,243 
Total revenue$11,019,707 $9,427,157 $12,305,539 
Property, plant and equipment   
United States$1,832,598 $1,907,527 $1,577,914 
Ireland651,330 625,658 573,684 
Philippines432,972 468,900 620,453 
Thailand263,939 195,150 209,660 
Malaysia36,922 108,286 123,574 
All other regions
97,935 110,029 113,872 
Subtotal all foreign regions
1,483,098 1,508,023 1,641,243 
Total property, plant and equipment$3,315,696 $3,415,550 $3,219,157