Segment Information and Major Customers (Tables)

9 Months Ended

Apr. 26, 2025

Segment Reporting [Abstract]

Reportable Segments

Summarized financial information by segment for the third quarter and first nine 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				Nine Months Ended
	April 26, 2025		April 27, 2024		April 26, 2025		April 27, 2024
Revenue:
Americas	$	8,380	$	7,372	$	24,834	$	23,904
EMEA	3,736		3,458		11,179		10,606
APJC	2,034		1,873		5,968		5,652
Total	$	14,149	$	12,702	$	41,981	$	40,161
Gross margin:
Americas	$	5,676	$	5,006	$	16,960	$	15,906
EMEA	2,659		2,406		7,931		7,324
APJC	1,367		1,262		4,016		3,816
Segment total	9,703		8,673		28,907		27,046
Unallocated corporate items	(425)		(400)		(1,397)		(999)
Total	$	9,278	$	8,273	$	27,510	$	26,047

Net Sales for Groups of Similar Products and Services

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

	Three Months Ended				Nine Months Ended
	April 26, 2025		April 27, 2024		April 26, 2025		April 27, 2024
Product revenue:
Networking	$	7,068	$	6,522	$	20,671	$	22,425
Security	2,013		1,304		6,142		3,288
Collaboration	1,031		987		3,112		3,093
Observability	261		211		796		589
Total Product	10,374		9,024		30,722		29,395
Services	3,775		3,678		11,259		10,766
Total	$	14,149	$	12,702	$	41,981	$	40,161

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

	Three Months Ended				Nine Months Ended
	April 26, 2025		April 27, 2024		April 26, 2025		April 27, 2024
Product	$	4,483	$	3,510	$	13,334	$	9,827
Services	3,433		3,344		10,288		9,878
Total	$	7,916	$	6,854	$	23,622	$	19,705

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

	Three Months Ended				Nine Months Ended
	April 26, 2025		April 27, 2024		April 26, 2025		April 27, 2024
Revenue:
Networking	$	7,068	$	6,522	$	20,671	$	22,425
Security	2,013		1,304		6,142		3,288
Collaboration	1,031		987		3,112		3,093
Observability	261		211		796		589
Total Product	10,374		9,024		30,722		29,395
Services	3,775		3,678		11,259		10,766
Total	$	14,149	$	12,702	$	41,981	$	40,161