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Segment Information (Tables) | 9 Months Ended
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Oct. 26, 2025
Segment Reporting [Abstract] |
Schedule of Reportable Segments | The table below presents details of our reportable segments.
| Compute & Networking |  | Graphics |  | Total |  |  |  |
| (In millions)
Three Months Ended Oct 26, 2025 |  |  |  |  |  |  |  |  |
Revenue | $ | 50,908 |  |  | $ | 6,098 |  |  | $ | 57,006 |  |  |  |  |
Other segment items (1) | 15,187 |  |  | 3,552 |  |  | 18,739 |  |  |  |  |
Operating income (loss) | $ | 35,721 |  |  | $ | 2,546 |  |  | $ | 38,267 |  |  |  |  |
Three Months Ended Oct 27, 2024 |  |  |  |  |  |  |  |  |
Revenue | $ | 31,036 |  |  | $ | 4,046 |  |  | $ | 35,082 |  |  |  |  |
Other segment items (1) | 8,955 |  |  | 2,544 |  |  | 11,499 |  |  |  |  |
Operating income (loss) | $ | 22,081 |  |  | $ | 1,502 |  |  | $ | 23,583 |  |  |  |  |
Nine Months Ended Oct 26, 2025 |  |  |  |  |  |  |  |  |
Revenue | $ | 131,828 |  |  | $ | 15,983 |  |  | $ | 147,811 |  |  |  |  |
Other segment items (1) | 45,689 |  |  | 9,555 |  |  | 55,244 |  |  |  |  |
Operating income (loss) | $ | 86,139 |  |  | $ | 6,428 |  |  | $ | 92,567 |  |  |  |  |
Nine Months Ended Oct 27, 2024 |  |  |  |  |  |  |  |  |
Revenue | $ | 80,157 |  |  | $ | 11,009 |  |  | $ | 91,166 |  |  |  |  |
Other segment items (1) | 22,180 |  |  | 6,898 |  |  | 29,078 |  |  |  |  |
Operating income (loss) | $ | 57,977 |  |  | $ | 4,111 |  |  | $ | 62,088 |  |  |  |  |
(1) Other segment items primarily include product costs and inventory provisions, compensation and benefits excluding stock-based compensation expense, computing infrastructure expenses, and engineering development costs.
| Three Months Ended |  | Nine Months Ended |  |
| Oct 26, 2025 |  | Oct 27, 2024 |  | Oct 26, 2025 |  | Oct 27, 2024 |  |
| (In millions) |  |
Segment operating income | $ | 38,267 |  |  | $ | 23,583 |  |  | $ | 92,567 |  |  | $ | 62,088 |  |  |
Stock-based compensation expense | (1,655) |  |  | (1,252) |  |  | (4,753) |  |  | (3,416) |  |  |
Unallocated operating expenses | (515) |  |  | (307) |  |  | (1,375) |  |  | (816) |  |  |
Acquisition-related and other costs | (87) |  |  | (155) |  |  | (351) |  |  | (437) |  |  |
Interest income | 624 |  |  | 472 |  |  | 1,732 |  |  | 1,275 |  |  |
Interest expense | (61) |  |  | (61) |  |  | (186) |  |  | (186) |  |  |
Other income, net | 1,363 |  |  | 36 |  |  | 3,418 |  |  | 301 |  |  |
Consolidated income before income tax | $ | 37,936 |  |  | $ | 22,316 |  |  | $ | 91,052 |  |  | $ | 58,809 |  |  |
Schedule of Revenue by Geographic Regions | Revenue by geographic area is based upon the location of the customers’ headquarters. The end customer and shipping location may be different from our customers’ headquarters location.
| Three Months Ended |  | Nine Months Ended
| Oct 26, 2025 |  | Oct 27, 2024 |  | Oct 26, 2025 |  | Oct 27, 2024
| (In millions)
Geographic Revenue based upon Customer Headquarters Location (1): |  |  |  |  |  |  |
United States | $ | 39,177 |  |  | $ | 19,620 |  |  | $ | 97,759 |  |  | $ | 53,873 |
Taiwan (2) | 13,751 |  |  | 6,188 |  |  | 30,301 |  |  | 17,364 |
China (including Hong Kong) | 2,973 |  |  | 8,142 |  |  | 16,617 |  |  | 17,230 |
Other | 1,105 |  |  | 1,132 |  |  | 3,134 |  |  | 2,699 |
Total revenue | $ | 57,006 |  |  | $ | 35,082 |  |  | $ | 147,811 |  |  | $ | 91,166 |
(1) Previously, revenue by geographic area was reported based on the billing location of our customers, which often reflected a customer’s centralized invoicing location, even though our products were almost always shipped elsewhere. We believe changing to revenue based upon the location of our customers’ headquarters provides a better representation of the geographic profile of our revenue. Prior period information has been recast to reflect this change. (2) In the third quarter of fiscal year 2026, we estimate 86% of Data Center revenue from Taiwan-headquartered customers is attributed to end customers based in the United States and Europe.
Schedule of Revenue by Specialized Markets | The following table summarizes revenue by specialized markets:
| Three Months Ended |  | Nine Months Ended
| Oct 26, 2025 |  | Oct 27, 2024 |  | Oct 26, 2025 |  | Oct 27, 2024
| (In millions)
Revenue by End Market: |  |  |  |  |  |  |
Data Center | $ | 51,215 |  |  | $ | 30,771 |  |  | $ | 131,423 |  |  | $ | 79,606 |
Compute | 43,028 |  |  | 27,644 |  |  | 111,027 |  |  | 69,640 |
Networking | 8,187 |  |  | 3,127 |  |  | 20,396 |  |  | 9,966 |
Gaming | 4,265 |  |  | 3,279 |  |  | 12,315 |  |  | 8,806 |
Professional Visualization | 760 |  |  | 486 |  |  | 1,870 |  |  | 1,367 |
Automotive | 592 |  |  | 449 |  |  | 1,745 |  |  | 1,124 |
OEM and Other | 174 |  |  | 97 |  |  | 458 |  |  | 263 |
Total revenue | $ | 57,006 |  |  | $ | 35,082 |  |  | $ | 147,811 |  |  | $ | 91,166 |

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