Financial Summary (All financials)
| In millions, except per share items | Apr-28-23 | Apr-29-22 | Apr-30-21 | Apr-24-20 | Apr-26-19 | Apr-27-18 | Apr-28-17 | Apr-29-16 |
| Revenues | 6,362.0 | 6,318.0 | 5,744.0 | 5,412.0 | 6,146.0 | 5,919.0 | 5,491.0 | 5,546.0 |
| Revenue growth | 0.7% | 10.0% | 6.1% | -11.9% | 3.8% | 7.8% | -1.0% | -9.4% |
| Cost of goods sold | 2,153.0 | 2,098.0 | 1,929.0 | 1,789.0 | 2,201.0 | 2,210.0 | 2,127.0 | 2,173.0 |
| Gross profit | 4,209.0 | 4,220.0 | 3,815.0 | 3,623.0 | 3,945.0 | 3,709.0 | 3,364.0 | 3,373.0 |
| Gross margin | 66.2% | 66.8% | 66.4% | 66.9% | 64.2% | 62.7% | 61.3% | 60.8% |
| Sales and marketing | 1,829.0 | 1,857.0 | 1,744.0 | 1,585.0 | 1,657.0 | 1,706.0 | 1,651.0 | 1,792.0 |
| Research and development | 956.0 | | | | 827.0 | 783.0 | 779.0 | 861.0 |
| General and administrative | 265.0 | | | | 278.0 | 280.0 | 271.0 | 307.0 |
| EBITA | 1,138.0 | 1,203.0 | 1,080.0 | 984.0 | 1,302.0 | 1,211.0 | 721.0 | 480.0 |
| EBITA margin | 17.9% | 19.0% | 18.8% | 18.2% | 21.2% | 20.5% | 13.1% | 8.7% |
| Amortization of intangibles | | 46.0 | 49.0 | 39.0 | 46.0 | 53.0 | 48.0 | 67.0 |
| EBIT | 1,138.0 | 1,157.0 | 1,031.0 | 945.0 | 1,256.0 | 1,158.0 | 673.0 | 413.0 |
| EBIT margin | 17.9% | 18.3% | 17.9% | 17.5% | 20.4% | 19.6% | 12.3% | 7.4% |
| Pre-tax income | 1,066.0 | 1,095.0 | 962.0 | 944.0 | 1,268.0 | 1,199.0 | 621.0 | 345.0 |
| Income taxes | -208.0 | 158.0 | 232.0 | 125.0 | 99.0 | 1,083.0 | 140.0 | 116.0 |
| Tax rate | | 14.4% | 24.1% | 13.2% | 7.8% | 90.3% | 22.5% | 33.6% |
| Net income | 1,274.0 | 937.0 | 730.0 | 819.0 | 1,169.0 | 116.0 | 481.0 | 229.0 |
| Net margin | 20.0% | 14.8% | 12.7% | 15.1% | 19.0% | 2.0% | 8.8% | 4.1% |
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| Diluted EPS | $5.79 | $4.09 | $3.23 | $3.52 | $4.51 | $0.42 | $1.71 | $0.77 |
| Shares outstanding (diluted) | 220.0 | 229.0 | 226.0 | 233.0 | 259.0 | 276.0 | 281.0 | 297.0 |
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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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