Financial Summary (All financials)
| In millions, except per share items | Jan-29-23 | Jan-30-22 | Jan-31-21 | Jan-26-20 | Jan-27-19 | Jan-28-18 | Jan-29-17 | Jan-31-16 |
| Revenues | 26,974.0 | 26,914.0 | 16,675.0 | 10,918.0 | 11,716.0 | 9,714.0 | 6,910.0 | 5,010.0 |
| Revenue growth | 0.2% | 61.4% | 52.7% | -6.8% | 20.6% | 40.6% | 37.9% | 7.0% |
| Cost of goods sold | 11,618.0 | 9,439.0 | 6,279.0 | 4,150.0 | 4,545.0 | 3,892.0 | 2,847.0 | 2,199.0 |
| Gross profit | 15,356.0 | 17,475.0 | 10,396.0 | 6,768.0 | 7,171.0 | 5,822.0 | 4,063.0 | 2,811.0 |
| Gross margin | 56.9% | 64.9% | 62.3% | 62.0% | 61.2% | 59.9% | 58.8% | 56.1% |
| Selling, general and administrative | 2,440.0 | 2,166.0 | 1,940.0 | 1,093.0 | 991.0 | 815.0 | 663.0 | 602.0 |
| Research and development | 7,339.0 | 5,268.0 | 3,924.0 | 2,829.0 | 2,376.0 | 1,797.0 | 1,463.0 | 1,331.0 |
| EBITA | 6,276.0 | 10,604.0 | 5,144.0 | 2,871.0 | 3,833.0 | 3,265.0 | 2,005.0 | 951.0 |
| EBITA margin | 23.3% | 39.4% | 30.8% | 26.3% | 32.7% | 33.6% | 29.0% | 19.0% |
| Amortization of intangibles | 699.0 | 563.0 | 612.0 | 25.0 | 29.0 | 55.0 | 68.0 | 73.0 |
| EBIT | 5,577.0 | 10,041.0 | 4,532.0 | 2,846.0 | 3,804.0 | 3,210.0 | 1,937.0 | 878.0 |
| EBIT margin | 20.7% | 37.3% | 27.2% | 26.1% | 32.5% | 33.0% | 28.0% | 17.5% |
| Pre-tax income | 4,181.0 | 9,941.0 | 4,409.0 | 2,970.0 | 3,896.0 | 3,196.0 | 1,905.0 | 743.0 |
| Income taxes | -187.0 | 189.0 | 77.0 | 174.0 | -245.0 | 149.0 | 239.0 | 129.0 |
| Tax rate | | 1.9% | 1.7% | 5.9% | | 4.7% | 12.5% | 17.4% |
| Net income | 4,368.0 | 9,752.0 | 4,332.0 | 2,796.0 | 4,141.0 | 3,047.0 | 1,666.0 | 614.0 |
| Net margin | 16.2% | 36.2% | 26.0% | 25.6% | 35.3% | 31.4% | 24.1% | 12.3% |
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| Diluted EPS | $1.74 | $3.85 | $1.73 | $4.52 | $6.63 | $4.82 | $2.57 | $1.08 |
| Shares outstanding (diluted) | 2,507.0 | 2,535.0 | 2,510.0 | 618.0 | 625.0 | 632.0 | 649.0 | 569.0 |
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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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