v3.25.3
Segment Information (Tables)
 9 Months Ended
Oct. 26, 2025
Segment Reporting [Abstract]  
Schedule of Reportable Segments The table below presents details of our reportable segments.

Compute & NetworkingGraphics
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 EndedNine Months Ended
Oct 26, 2025Oct 27, 2024Oct 26, 2025Oct 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 income624 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 EndedNine Months Ended
 Oct 26, 2025Oct 27, 2024Oct 26, 2025Oct 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 
Other1,105 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 EndedNine Months Ended
 Oct 26, 2025Oct 27, 2024Oct 26, 2025Oct 27, 2024
 (In millions)
Revenue by End Market:  
Data Center$51,215 $30,771 $131,423 $79,606 
Compute43,028 27,644 111,027 69,640 
Networking8,187 3,127 20,396 9,966 
Gaming4,265 3,279 12,315 8,806 
Professional Visualization760 486 1,870 1,367 
Automotive592 449 1,745 1,124 
OEM and Other174 97 458 263 
Total revenue$57,006 $35,082 $147,811 $91,166