CSCO · Cisco Systems, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q3 '26 | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.84B | $15.35B | $14.88B | $14.15B | $13.99B | $13.84B | $12.70B | $12.79B | $14.67B | $14.57B |
| Cost of Revenue | $5.76B | $5.38B | $5.14B | $4.87B | $4.88B | $4.72B | $4.43B | $4.57B | $5.11B | $5.34B |
| Gross Profit | $10.08B | $9.97B | $9.74B | $9.28B | $9.11B | $9.12B | $8.27B | $8.22B | $9.56B | $9.23B |
| R&D | $2.38B | $2.35B | $2.40B | $2.33B | $2.30B | $2.29B | $1.95B | $1.94B | $1.91B | $1.96B |
| SG&A | $661.00M | $688.00M | $733.00M | $739.00M | $752.00M | $795.00M | $736.00M | $642.00M | $672.00M | $641.00M |
| Total Operating Expenses | $6.12B | $6.19B | $6.38B | $6.08B | $6.00B | $6.76B | $6.08B | $5.12B | $5.28B | $5.29B |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | $3.96B | $3.78B | $3.36B | $3.20B | $3.11B | $2.36B | $2.19B | $3.10B | $4.28B | $3.95B |
| Interest Expense | $377.00M | $370.00M | $350.00M | $403.00M | $120.00M | $418.00M | $357.00M | $120.00M | $111.00M | $109.00M |
| Income Tax | $666.00M | $471.00M | $531.00M | $456.00M | $459.00M | ($444.00M) | $349.00M | $527.00M | $804.00M | $745.00M |
| Net Income | $3.37B | $3.17B | $2.86B | $2.49B | $2.43B | $2.71B | $1.89B | $2.63B | $3.64B | $3.21B |
| EPS - Basic | $0.85 | $0.80 | $0.72 | $0.63 | $0.61 | $0.68 | $0.47 | $0.65 | $0.90 | $0.79 |
| EPS - Diluted | $0.85 | $0.80 | $0.72 | $0.62 | $0.61 | $0.68 | $0.46 | $0.65 | $0.89 | $0.78 |
Balance Sheet
| Line item | Q3 '26 | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $7.08B | $7.46B | $8.40B | $8.35B | $8.56B | $9.06B | $7.51B | $13.71B | $9.60B | $10.12B |
| Accounts Receivable | $6.48B | $6.61B | $4.83B | $6.70B | $5.67B | $4.46B | $6.68B | $4.88B | $4.83B | $5.85B |
| Inventory | $4.71B | $3.92B | $3.40B | $3.16B | $2.93B | $3.14B | $3.37B | $3.21B | $3.34B | $3.64B |
| Accounts Payable | $2.97B | $2.76B | $2.42B | $2.53B | $1.90B | $2.00B | $2.30B | $1.85B | $2.08B | $2.31B |
| Current Assets | $36.56B | $35.13B | $32.88B | $34.99B | $34.68B | $35.75B | $36.86B | $42.13B | $39.66B | $43.35B |
| Total Assets | $125.55B | $123.37B | $121.10B | $122.29B | $121.38B | $123.33B | $124.41B | $101.17B | $98.78B | $101.85B |
| Current Liabilities | $39.54B | $36.79B | $35.45B | $35.06B | $40.02B | $40.54B | $40.58B | $30.85B | $27.04B | $31.31B |
| Long-term Debt | $19.37B | $21.37B | $21.36B | $22.86B | $19.63B | $19.62B | $19.62B | $6.67B | $6.66B | $6.66B |
| Total Liabilities | $76.69B | $75.65B | $74.23B | $75.45B | $75.84B | $78.06B | $78.96B | $54.92B | $53.57B | $57.50B |
| Stockholders' Equity | $48.86B | $47.72B | $46.87B | $46.84B | $45.53B | $45.28B | $45.46B | $46.25B | $45.21B | $44.35B |
| Retained Earnings | $704.00M | $66.00M | ($364.00M) | $50.00M | $502.00M | $662.00M | $1.09B | $2.76B | $2.69B | $1.64B |
Cash Flow
| Line item | Q3 '26 | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | $3.21B | - | - | $3.66B | - | - | $2.37B | - |
| Investing Cash Flow | - | - | $156.00M | - | - | $479.00M | - | - | $952.00M | - |
| Financing Cash Flow | - | - | ($3.86B) | - | - | ($2.78B) | - | - | ($3.80B) | - |
| CapEx | - | - | $323.00M | - | - | $217.00M | - | - | $134.00M | - |
| Free Cash Flow | - | - | $2.89B | - | - | $3.44B | - | - | $2.24B | - |
Ratios
| Metric | Q3 '26 | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 63.6% | 65.0% | 65.5% | 65.6% | 65.1% | 65.9% | 65.1% | 64.2% | 65.2% | 63.4% |
| Operating margin | 25.0% | 24.6% | 22.6% | 22.6% | 22.3% | 17.0% | 17.2% | 24.2% | 29.2% | 27.1% |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | 21.3% | 20.7% | 19.2% | 17.6% | 17.4% | 19.6% | 14.8% | 20.6% | 24.8% | 22.0% |
| Free cash flow margin | - | - | 19.4% | - | - | 24.9% | - | - | 15.3% | - |
| FCF / Net income | - | - | 1.01 | - | - | 1.27 | - | - | 0.61 | - |
| R&D / Revenue | 15.0% | 15.3% | 16.1% | 16.5% | 16.4% | 16.5% | 15.3% | 15.2% | 13.0% | 13.5% |
| SG&A / Revenue | 4.2% | 4.5% | 4.9% | 5.2% | 5.4% | 5.7% | 5.8% | 5.0% | 4.6% | 4.4% |
| Effective tax rate | 16.5% | 12.9% | 15.7% | 15.5% | 15.9% | -19.6% | 15.6% | 16.7% | 18.1% | 18.8% |
| Return on assets | 2.7% | 2.6% | 2.4% | 2.0% | 2.0% | 2.2% | 1.5% | 2.6% | 3.7% | 3.2% |
| Return on equity | 6.9% | 6.7% | 6.1% | 5.3% | 5.3% | 6.0% | 4.1% | 5.7% | 8.0% | 7.2% |
| Return on invested capital | 4.8% | 4.8% | 4.2% | 3.9% | 4.0% | 3.6% | 2.8% | 4.9% | 6.8% | 6.3% |
| Liquidity | ||||||||||
| Current ratio | 0.92 | 0.96 | 0.93 | 1.00 | 0.87 | 0.88 | 0.91 | 1.37 | 1.47 | 1.38 |
| Quick ratio | 0.81 | 0.85 | 0.83 | 0.91 | 0.79 | 0.80 | 0.83 | 1.26 | 1.34 | 1.27 |
| Cash ratio | 0.18 | 0.20 | 0.24 | 0.24 | 0.21 | 0.22 | 0.18 | 0.44 | 0.36 | 0.32 |
| Leverage | ||||||||||
| Debt / Equity | 0.40 | 0.45 | 0.46 | 0.49 | 0.43 | 0.43 | 0.43 | 0.14 | 0.15 | 0.15 |
| Debt / Assets | 0.15 | 0.17 | 0.18 | 0.19 | 0.16 | 0.16 | 0.16 | 0.07 | 0.07 | 0.07 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | 10.5x | 10.2x | 9.6x | 7.9x | 25.9x | 5.6x | 6.1x | 25.8x | 38.5x | 36.2x |
| Equity multiplier | 2.57 | 2.59 | 2.58 | 2.61 | 2.67 | 2.72 | 2.74 | 2.19 | 2.18 | 2.30 |
| Liabilities / Assets | 0.61 | 0.61 | 0.61 | 0.62 | 0.62 | 0.63 | 0.63 | 0.54 | 0.54 | 0.56 |
| Efficiency | ||||||||||
| Asset turnover | 0.13 | 0.12 | 0.12 | 0.12 | 0.12 | 0.11 | 0.10 | 0.13 | 0.15 | 0.14 |
| Inventory turnover | 1.22 | 1.37 | 1.51 | 1.54 | 1.67 | 1.50 | 1.31 | 1.43 | 1.53 | 1.47 |
| Days sales outstanding | 149d | 157d | 118d | 173d | 148d | 118d | 192d | 139d | 120d | 147d |
| Days inventory outstanding | 298d | 266d | 241d | 237d | 219d | 243d | 278d | 256d | 239d | 249d |
| Days payable outstanding | 188d | 187d | 172d | 189d | 142d | 154d | 190d | 147d | 149d | 158d |
| Cash conversion cycle | 259d | 236d | 188d | 221d | 225d | 206d | 280d | 248d | 210d | 238d |
| Valuation | ||||||||||
| P / E | 104.7x | 93.2x | 98.1x | 110.8x | 102.0x | 82.0x | 104.1x | 80.2x | 57.9x | 66.8x |
| P / B | 7.3x | 6.2x | 6.0x | 5.9x | 5.5x | 4.9x | 4.3x | 4.6x | 4.7x | 4.8x |
| P / S | 22.4x | 19.4x | 18.9x | 19.4x | 17.8x | 16.2x | 15.3x | 16.6x | 14.4x | 14.7x |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 12.0% | 9.7% | 7.5% | 11.4% | 9.4% | -5.6% | -12.8% | -5.9% | 7.6% | 13.5% |
| Revenue CAGR (3y) | 2.8% | 4.1% | 3.0% | 3.3% | 3.2% | 2.4% | -0.3% | 2.3% | 7.1% | 6.7% |
| Revenue CAGR (5y) | 4.4% | 5.1% | 4.5% | 3.4% | 3.1% | 1.0% | -0.4% | 0.5% | 3.9% | 3.2% |
| Gross profit growth (YoY) | 8.6% | 9.5% | 6.8% | 12.1% | 10.9% | -4.6% | -10.4% | -2.5% | 14.5% | 13.7% |
| Operating income growth (YoY) | 23.7% | 21.5% | 42.6% | 46.1% | 0.5% | -44.9% | -44.5% | -6.0% | 20.8% | 9.3% |
| Net income growth (YoY) | 35.4% | 30.8% | 5.5% | 32.1% | -7.8% | -25.5% | -41.3% | -5.0% | 36.3% | 5.5% |
| EPS growth (YoY) | 37.1% | 31.1% | 5.9% | 34.8% | -6.2% | -23.6% | -41.0% | -3.0% | 36.9% | 6.8% |
| EPS CAGR (3y) | 2.9% | 6.1% | 3.5% | -5.3% | -4.9% | -1.0% | -12.2% | 2.7% | 20.4% | 6.3% |
| EPS CAGR (5y) | 4.6% | 5.9% | 7.1% | -0.9% | -2.1% | 0.0% | -7.8% | 0.6% | 2.9% | 6.9% |
| FCF growth (YoY) | - | - | -16.1% | - | - | 54.0% | - | - | -40.9% | - |
| FCF CAGR (5y) | - | - | -5.9% | - | - | 0.3% | - | - | -8.8% | - |
| Book value growth (YoY) | 4.3% | 4.8% | 3.5% | 3.0% | -1.6% | 0.1% | 2.5% | 11.5% | 12.3% | 11.5% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-07-26.
Business segments
$56.65B totalAmericas Segment$33.66B · 59.4%
Europe Middle East And Africa Segment$14.82B · 26.2%
Asia Pacific Japan And China Segment$8.17B · 14.4%
Product / service
$161.31B totalProduct$41.61B · 25.8%
Subscription And Circulation$31.53B · 19.5%
Networking$28.30B · 17.5%
Subscription Revenue Product$17.78B · 11.0%
Service$15.05B · 9.3%
Subscription Revenue Service$13.74B · 8.5%
Security$8.09B · 5.0%
Collaboration$4.15B · 2.6%
Observability$1.05B · 0.7%
Geographic
$30.40B totalUS$30.40B · 100.0%
Peer comparison
Same SIC group: Computer Communications Equipment
Comparing CISCO SYSTEMS against the 5 most active filers in the same SIC group.
Dividends
$1.65/share trailing 12 months · +2.5% YoY
| Ex-date | Per share |
|---|---|
| Apr 2, 2026 | $0.4200 |
| Jan 2, 2026 | $0.4100 |
| Oct 3, 2025 | $0.4100 |
| Jul 3, 2025 | $0.4100 |
| Apr 3, 2025 | $0.4100 |
| Jan 3, 2025 | $0.4000 |
| Oct 2, 2024 | $0.4000 |
| Jul 5, 2024 | $0.4000 |
| Apr 3, 2024 | $0.4000 |
| Jan 3, 2024 | $0.3900 |
| Oct 3, 2023 | $0.3900 |
| Jul 5, 2023 | $0.3900 |
| Apr 4, 2023 | $0.3900 |
| Jan 4, 2023 | $0.3800 |
| Oct 4, 2022 | $0.3800 |
| Jul 5, 2022 | $0.3800 |
| Apr 5, 2022 | $0.3800 |
| Jan 4, 2022 | $0.3700 |
| Oct 4, 2021 | $0.3700 |
| Jul 2, 2021 | $0.3700 |
| Apr 5, 2021 | $0.3700 |
| Jan 4, 2021 | $0.3600 |
| Oct 1, 2020 | $0.3600 |
| Jul 2, 2020 | $0.3600 |