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Segment Information and Major Customers (Tables)
3 Months Ended
Oct. 26, 2024
Segment Reporting [Abstract]  
Reportable Segments
Summarized financial information by segment for the first quarter of fiscal 2025 and 2024, based on our internal management system and as utilized by our Chief Operating Decision Maker (“CODM”), is as follows (in millions):
Three Months Ended
October 26,
2024
October 28,
2023
Revenue:
Americas$8,252 $9,022 
EMEA3,588 3,664 
APJC2,001 1,982 
Total$13,841 $14,668 
Gross margin:
Americas$5,740 $5,968 
EMEA2,522 2,545 
APJC1,328 1,328 
Segment total9,590 9,841 
Unallocated corporate items(469)(284)
Total$9,121 $9,557 
Net Sales for Groups of Similar Products and Services The following table presents this disaggregation of revenue (in millions):
Three Months Ended
October 26,
2024
October 28,
2023
Product revenue:
Networking$6,753 $8,822 
Security2,017 1,010 
Collaboration1,085 1,117 
Observability258 190 
Total Product10,114 11,139 
Services3,727 3,529 
Total$13,841 $14,668 
Our subscription revenue is recorded in product and services revenue in our Consolidated Statements of Operations as follows (in millions):
Three Months Ended
October 26, 2024October 28, 2023
Product$4,419 $3,207 
Services3,425 3,254 
Total$7,844 $6,461 
The following table presents revenue for groups of similar products and services (in millions):
Three Months Ended
October 26,
2024
October 28,
2023
Revenue:
Networking$6,753 $8,822 
Security2,017 1,010 
Collaboration1,085 1,117 
Observability258 190 
Total Product10,114 11,139 
Services3,727 3,529 
Total$13,841 $14,668