Financial Summary (All financials)
| In millions, except per share items | Oct-31-22 | Oct-31-21 | Oct-31-19 |
| Revenues | 49,032 | 42,693 | 41,065 |
| Revenue growth | 14.8% | | |
| Cost of goods sold | 0 | 0 | 0 |
| Gross profit | 49,032 | 42,693 | 41,065 |
| Gross margin | 100.0% | 100.0% | 100.0% |
| Selling, general and administrative | 599 | 706 | 800 |
| EBITA | 49,032 | 42,693 | 41,065 |
| EBITA margin | 100.0% | 100.0% | 100.0% |
| Amortization of intangibles | 599 | 706 | 800 |
| EBIT | 48,433 | 41,987 | 40,265 |
| EBIT margin | 98.8% | 98.3% | 98.1% |
| Pre-tax income | 17,170 | 14,049 | 0 |
| Income taxes | 0 | 0 | 0 |
| Tax rate | 0.0% | 0.0% | |
| Net income | 17,170 | 14,049 | 0 |
| Net margin | 35.0% | 32.9% | 0.0% |
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| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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