Segment Information and Major Customers (Tables)

3 Months Ended

Oct. 25, 2025

Segment Reporting [Abstract]

Reportable Segments

(in millions):

	Three Months Ended
	October 25, 2025		October 26, 2024
Revenue:
Americas	$	8,989	$	8,252
EMEA	3,784		3,588
APJC	2,111		2,001
Total	$	14,883	$	13,841
Gross margin:
Americas	$	6,001	$	5,740
EMEA	2,722		2,522
APJC	1,413		1,328
Segment total	10,136		9,590
Unallocated corporate items	(391)		(469)
Total	$	9,745	$	9,121
Supplemental information about our significant expenses:
Americas:
Cost of sales — product	$	2,349	$	1,877
Cost of sales — services	639		635
Segment total	$	2,988	$	2,512
EMEA:
Cost of sales — product	$	768	$	778
Cost of sales — services	294		288
Segment total	$	1,062	$	1,066
APJC:
Cost of sales — product	$	514	$	490
Cost of sales — services	184		183
Segment total	$	698	$	673

Net Sales for Groups of Similar Products and Services

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

	Three Months Ended
	October 25, 2025		October 26, 2024
Product revenue:
Networking	$	7,768	$	6,753
Security	1,980		2,017
Collaboration	1,055		1,085
Observability	274		258
Total Product	11,077		10,114
Services	3,806		3,727
Total revenue	$	14,883	$	13,841

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

	Three Months Ended
	October 25, 2025		October 26, 2024
Product	$	4,500	$	4,419
Services	3,500		3,425
Total	$	8,000	$	7,844

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

	Three Months Ended
	October 25, 2025		October 26, 2024
Revenue:
Networking	$	7,768	$	6,753
Security	1,980		2,017
Collaboration	1,055		1,085
Observability	274		258
Total Product	11,077		10,114
Services	3,806		3,727
Total	$	14,883	$	13,841