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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jan. 24, 2026
Jan. 25, 2025
Jan. 24, 2026
Jan. 25, 2025
REVENUE:        
Total revenue $ 15,349 $ 13,991 $ 30,232 $ 27,832
COST OF SALES:        
Total cost of sales 5,377 4,880 10,515 9,600
GROSS MARGIN 9,972 9,111 19,717 18,232
OPERATING EXPENSES:        
Research and development 2,355 2,299 4,755 4,585
Sales and marketing 2,881 2,672 5,752 5,424
General and administrative 688 752 1,421 1,547
Amortization of purchased intangible assets 231 265 462 530
Restructuring and other charges 36 10 183 675
Total operating expenses 6,191 5,998 12,573 12,761
OPERATING INCOME 3,781 3,113 7,144 5,471
Interest income 210 238 432 524
Interest expense (370) (404) (720) (822)
Other income (loss), net 25 (60) 181 (19)
Interest and other income (loss), net (135) (226) (107) (317)
INCOME BEFORE PROVISION FOR INCOME TAXES 3,646 2,887 7,037 5,154
Provision for income taxes 471 459 1,002 15
NET INCOME $ 3,175 $ 2,428 $ 6,035 $ 5,139
Net income per share:        
Basic (in dollars per share) $ 0.80 $ 0.61 $ 1.53 $ 1.29
Diluted (in dollars per share) $ 0.80 $ 0.61 $ 1.51 $ 1.28
Shares used in per-share calculation:        
Basic (in shares) 3,955 3,981 3,955 3,986
Diluted (in shares) 3,984 4,005 3,987 4,008
Product        
REVENUE:        
Total revenue $ 11,642 $ 10,234 $ 22,719 $ 20,348
COST OF SALES:        
Total cost of sales 4,205 3,713 8,139 7,239
Services        
REVENUE:        
Total revenue 3,707 3,757 7,513 7,484
COST OF SALES:        
Total cost of sales $ 1,172 $ 1,167 $ 2,376 $ 2,361