Segment Information and Major Customers (Tables)

6 Months Ended

Jan. 25, 2025

Segment Reporting [Abstract]

Reportable Segments

Summarized financial information by segment for the second quarter and first six months 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				Six Months Ended
	January 25, 2025		January 27, 2024		January 25, 2025		January 27, 2024
Revenue:
Americas	$	8,202	$	7,510	$	16,454	$	16,532
EMEA	3,855		3,484		7,444		7,148
APJC	1,934		1,798		3,934		3,779
Total	$	13,991	$	12,791	$	27,832	$	27,459
Gross margin:
Americas	$	5,545	$	4,932	$	11,285	$	10,901
EMEA	2,750		2,373		5,272		4,919
APJC	1,320		1,226		2,648		2,554
Segment total	9,614		8,532		19,204		18,373
Unallocated corporate items	(503)		(315)		(972)		(599)
Total	$	9,111	$	8,217	$	18,232	$	17,774

Net Sales for Groups of Similar Products and Services

The following table presents this disaggregation of revenue (in millions):

	Three Months Ended				Six Months Ended
	January 25, 2025		January 27, 2024		January 25, 2025		January 27, 2024
Product revenue:
Networking	$	6,850	$	7,081	$	13,603	$	15,904
Security	2,111		973		4,129		1,984
Collaboration	996		989		2,081		2,106
Observability	277		188		535		378
Total Product	10,234		9,232		20,348		20,371
Services	3,757		3,559		7,484		7,088
Total	$	13,991	$	12,791	$	27,832	$	27,459

Our subscription revenue is recorded in product and services revenue in our Consolidated Statements of Operations as follows (in millions):

	Three Months Ended				Six Months Ended
	January 25, 2025		January 27, 2024		January 25, 2025		January 27, 2024
Product	$	4,432	$	3,110	$	8,851	$	6,317
Services	3,430		3,280		6,855		6,534
Total	$	7,862	$	6,390	$	15,706	$	12,851

The following table presents revenue for groups of similar products and services (in millions):

	Three Months Ended				Six Months Ended
	January 25, 2025		January 27, 2024		January 25, 2025		January 27, 2024
Revenue:
Networking	$	6,850	$	7,081	$	13,603	$	15,904
Security	2,111		973		4,129		1,984
Collaboration	996		989		2,081		2,106
Observability	277		188		535		378
Total Product	10,234		9,232		20,348		20,371
Services	3,757		3,559		7,484		7,088
Total	$	13,991	$	12,791	$	27,832	$	27,459