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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Jun. 28, 2026
Jun. 29, 2025
Jun. 28, 2026
Jun. 29, 2025
Revenues:        
Equipment and services $ 8,475 $ 8,893 $ 28,002 $ 28,193
Licensing 1,472 1,472 4,796 4,820
Total revenues 9,947 10,365 32,798 33,013
Costs and expenses:        
Cost of revenues 4,670 4,606 15,138 14,704
Research and development 2,607 2,226 7,523 6,672
Selling, general and administrative 976 771 2,738 2,200
Other 68 0 97 0
Total costs and expenses 8,321 7,603 25,496 23,576
Operating income 1,626 2,762 7,302 9,437
Interest expense (178) (168) (519) (493)
Investment and other income, net 1,014 358 1,458 748
Income before income taxes 2,462 2,952 8,241 9,692
Income tax (expense) benefit (460) (286) 4,136 (1,034)
Net income $ 2,002 $ 2,666 $ 12,377 $ 8,658
Basic earnings per share $ 1.89 $ 2.44 $ 11.63 $ 7.85
Diluted earnings per share $ 1.87 $ 2.43 $ 11.53 $ 7.79
Shares used in per share calculations:        
Basic 1,057 1,092 1,064 1,102
Diluted 1,069 1,099 1,073 1,112