Financials · CSCO

Cisco Systems Inc. (CSCO) financials

For fiscal 2026 (ended Jul 25, 2026), Cisco Systems Inc. reported $63.33B of revenue and $13.27B of net income.

Revenue, FY2026
$63.33B
Revenue growth, YoY
+11.8%
Net income, FY2026
$13.27B
Net income growth, YoY
+30.3%
Net margin
21.0%
Free cash flow, FY2026
$12.77B
EPS, diluted, FY2026
$3.33
EPS growth, YoY
+30.6%
Cash
$7.22B
Total debt
$29.53B
P/E
27.89
P/S
5.84
Market cap
$370.01B
Annual revenue$63.33B
FY2017FY2026
Annual net income$13.27B
FY2017FY2026
Annual free cash flow$12.77B
FY2017FY2026

CSCO revenue and earnings growth

CSCO revenueQ4 2026$17.25B

Quarter YoY
+17.6%
QoQ
+8.9%
FY YoY
+11.8%
5Y CAGR
+4.9%
10Y CAGR
+2.5%

CSCO revenue was $17.25B in fiscal Q4 2026 (ended Jul 25, 2026), up 17.6% from a year earlier and up 8.9% from the prior quarter. For the full fiscal 2026 it was $63.33B, up 11.8% from fiscal 2025. Compound annual growth was +4.9% over 5 years and +2.5% over 10 years. It rose in 7 of the last 10 fiscal years. Fiscal 2026 is the highest of the 15 fiscal years on file.

CSCO net incomeQ4 2026$3.86B

Quarter YoY
+51.3%
QoQ
+14.4%
FY YoY
+30.3%
5Y CAGR
+4.6%
10Y CAGR
+2.1%

CSCO net income was $3.86B in fiscal Q4 2026 (ended Jul 25, 2026), up 51.3% from a year earlier and up 14.4% from the prior quarter. For the full fiscal 2026 it was $13.27B, up 30.3% from fiscal 2025. Compound annual growth was +4.6% over 5 years and +2.1% over 10 years. It rose in 4 of the last 10 fiscal years. Fiscal 2026 is the highest of the 15 fiscal years on file.

CSCO EPSQ4 2026$0.96

Quarter YoY
+50.0%
QoQ
+12.9%
FY YoY
+30.6%
5Y CAGR
+5.9%
10Y CAGR
+4.7%

CSCO diluted EPS was $0.96 in fiscal Q4 2026 (ended Jul 25, 2026), up 50.0% from a year earlier and up 12.9% from the prior quarter. For the full fiscal 2026 it was $3.33, up 30.6% from fiscal 2025. Compound annual growth was +5.9% over 5 years and +4.7% over 10 years.

CSCO free cash flowQ4 2026$5.00B

Quarter YoY
+24.4%
QoQ
+49.4%
FY YoY
-3.9%
5Y CAGR
-2.9%
10Y CAGR
+0.3%

CSCO free cash flow was $5.00B in fiscal Q4 2026 (ended Jul 25, 2026), up 24.4% from a year earlier and up 49.4% from the prior quarter. For the full fiscal 2026 it was $12.77B, down 3.9% from fiscal 2025. Compound annual growth was -2.9% over 5 years and +0.3% over 10 years. It rose in 5 of the last 10 fiscal years.

Export CSV

Income statement

Income statement
Line item
Jul 25, 2026
Jul 26, 2025
Jul 27, 2024
Jul 29, 2023
Jul 30, 2022
Jul 31, 2021
Jul 25, 2020
Jul 27, 2019
Jul 28, 2018
Jul 29, 2017
Revenue$63.33B$56.65B$53.80B$57.00B$51.56B$49.82B$49.30B$51.90B$49.33B$48.01B
Cost of revenue$22.46B$19.86B$18.98B$21.25B$19.31B$17.92B$17.62B$19.24B$18.72B$17.78B
Gross profit$40.86B$36.79B$34.83B$35.75B$32.25B$31.89B$31.68B$32.67B$30.61B$30.22B
Research and development$9.56B$9.30B$7.98B$7.55B$6.77B$6.55B$6.35B$6.58B$6.33B$6.06B
Selling, general and admin$2.76B$2.99B$2.81B$2.48B$2.10B$2.15B$1.93B$1.83B$2.14B$1.99B
Operating income$15.37B$11.76B$12.18B$15.03B$13.97B$12.83B$13.62B$14.22B$12.31B$11.97B
Interest expense$1.47B$1.59B$1.01B$427.00M$360.00M$434.00M$585.00M$859.00M$943.00M$861.00M
Pre-tax income$16.01B$11.10B$12.23B$15.32B$14.48B$13.26B$13.97B$14.57B$13.04B$12.29B
Income tax$2.74B$920.00M$1.91B$2.71B$2.67B$2.67B$2.76B$2.95B$12.93B$2.68B
Net income$13.27B$10.18B$10.32B$12.61B$11.81B$10.59B$11.21B$11.62B$110.00M$9.61B
EPS, basic$3.36$2.56$2.55$3.08$2.83$2.51$2.65$2.63$0.02$1.92
EPS, diluted$3.33$2.55$2.54$3.07$2.82$2.50$2.64$2.61$0.02$1.90
Diluted shares3.99B4.00B4.06B4.11B4.19B4.24B4.25B4.45B4.88B5.05B

Balance sheet

Balance sheet
Line item
Jul 25, 2026
Jul 26, 2025
Jul 27, 2024
Jul 29, 2023
Jul 30, 2022
Jul 31, 2021
Jul 25, 2020
Jul 27, 2019
Jul 28, 2018
Jul 29, 2017
Cash and equivalents$7.22B$8.35B$8.84B$11.63B$8.58B$9.94B$11.81B$11.77B$8.99B$11.77B
Short-term investments$8.70B$7.76B$10.35B$16.02B$12.19B$15.34B$17.61B$21.66B$37.61B-
Receivables$7.47B$6.70B$6.68B$5.85B$6.62B$5.77B$5.47B$5.49B$5.55B$5.15B
Inventory$5.69B$3.16B$3.37B$3.64B$2.57B$1.56B$1.28B$1.38B$1.85B$1.62B
Current assets$38.66B$34.99B$36.86B$43.35B$36.72B$39.11B$43.57B$47.76B$61.84B$83.70B
Goodwill$59.48B$59.14B$58.66B$38.53B$38.30B$38.17B$33.81B$33.53B$31.71B$29.77B
Total assets$129.64B$122.29B$124.41B$101.85B$94.00B$97.50B$94.85B$97.79B$108.78B$129.82B
Current liabilities$41.52B$35.06B$40.58B$31.31B$25.64B$26.26B$25.33B$31.71B$27.04B$27.58B
Short-term debt$10.16B$5.23B$11.34B$1.73B$1.10B$2.51B$3.00B$10.19B$5.24B$7.99B
Long-term debt$19.37B$22.86B$19.62B$6.66B$8.42B$9.02B$11.58B$14.47B$20.33B$25.73B
Total debt$29.53B$28.09B$30.96B$8.39B$9.52B$11.53B$14.58B$24.67B$25.57B$33.72B
Total liabilities$79.35B$75.45B$78.96B$57.50B$54.23B$56.22B$56.93B$64.22B$65.58B$63.68B
Shareholders' equity$50.28B$46.84B$45.46B$44.35B$39.77B$41.27B$37.92B$33.57B$43.20B$66.14B

Cash flow

Cash flow
Line item
Jul 25, 2026
Jul 26, 2025
Jul 27, 2024
Jul 29, 2023
Jul 30, 2022
Jul 31, 2021
Jul 25, 2020
Jul 27, 2019
Jul 28, 2018
Jul 29, 2017
Operating cash flow$14.18B$14.19B$10.88B$19.89B$13.23B$15.45B$15.43B$15.83B$13.67B$13.88B
Capital expenditures$1.41B$905.00M$670.00M$849.00M$477.00M$692.00M$770.00M$909.00M$834.00M$964.00M
Free cash flow$12.77B$13.29B$10.21B$19.04B$12.75B$14.76B$14.66B$14.92B$12.83B$12.91B
Investing cash flow-$3.48B$1.73B-$20.48B-$5.11B$1.55B-$5.29B$3.50B$14.84B$15.32B-$6.04B
Financing cash flow-$12.35B-$15.81B$6.84B-$11.63B-$15.96B-$12.10B-$18.86B-$27.89B-$31.76B-$3.81B
Dividends paid$6.55B$6.44B$6.38B$6.30B$6.22B$6.16B$6.02B$5.98B$5.97B$5.51B
Share repurchases$6.11B$6.00B$5.79B$4.29B$7.69B$2.88B$2.66B$20.72B$17.55B$3.69B
Stock-based compensation$3.83B$3.64B$3.07B$2.35B$1.89B$1.76B$1.57B$1.57B$1.58B$1.53B
Depreciation and amortization$700.00M$700.00M$700.00M$700.00M$800.00M$800.00M$900.00M$1.00B$1.10B$1.10B

Key ratios

Key ratios
Line item
Jul 25, 2026
Jul 26, 2025
Jul 27, 2024
Jul 29, 2023
Jul 30, 2022
Jul 31, 2021
Jul 25, 2020
Jul 27, 2019
Jul 28, 2018
Jul 29, 2017
Revenue growth, YoY11.8%5.3%-5.6%10.6%3.5%1.0%-5.0%5.2%2.8%-2.5%
Net income growth, YoY30.3%-1.4%-18.2%6.8%11.5%-5.6%-3.5%10464.5%-98.9%-10.5%
EPS growth, YoY30.6%0.4%-17.3%8.9%12.8%-5.3%1.1%12950.0%-98.9%-10.0%
Gross margin64.5%64.9%64.7%62.7%62.5%64.0%64.3%62.9%62.0%63.0%
Operating margin24.3%20.8%22.6%26.4%27.1%25.8%27.6%27.4%25.0%24.9%
Net margin21.0%18.0%19.2%22.1%22.9%21.3%22.7%22.4%0.2%20.0%
Free cash flow margin20.2%23.5%19.0%33.4%24.7%29.6%29.7%28.7%26.0%26.9%
Return on equity26.4%21.7%22.7%28.4%29.7%25.7%29.6%34.6%0.3%14.5%
Return on assets10.2%8.3%8.3%12.4%12.6%10.9%11.8%11.9%0.1%7.4%
Current ratio0.931.000.911.381.431.491.721.512.293.03
Debt to equity0.590.600.680.190.240.280.380.730.590.51

Source: XBRL data Cisco Systems Inc. files with the SEC, latest filing dated Sep 2, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

CSCO peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
CSCO$63.33B+11.8%$13.27B21.0%$370.01B
ANET$11.89B+40.7%$4.75B40.0%$215.79B
FFIV$3.31B+9.4%$726.51M22.0%$17.60B
EXTR$1.31B+11.3%$52.49M4.0%$3.15B
DGII$506.21M+20.3%$48.73M9.6%$2.40B
ATEN$327.04M+15.0%$47.94M14.7%$1.80B
ALLT$101.99M+10.6%$3.71M3.6%$418.5M
LTRX$120.90M-1.6%-$4.18M-3.5%$242.1M
SILC$61.93M+6.6%-$11.48M-18.5%$158.3M

CSCO FAQ

9 questions
  • What is CSCO revenue?
    Cisco Systems Inc. (CSCO) reported $63.33B of revenue for fiscal 2026 (ended Jul 25, 2026). That is up 11.8% from the year before.
  • Is CSCO profitable?
    Yes. Cisco Systems Inc. earned $13.27B in net income for fiscal 2026 (ended Jul 25, 2026), a net margin of 21.0%.
  • How much cash and debt does CSCO have?
    Cisco Systems Inc. reported $7.22B in cash and cash equivalents and $29.53B of debt on its most recent balance sheet in SEC filings.
  • How fast is CSCO revenue growing?
    Cisco Systems Inc.'s revenue changed +11.8% in fiscal 2026, to $63.33B. Its compound annual growth rate was +4.9% over 5 years and +2.5% over 10 years.
  • What is CSCO gross margin?
    Cisco Systems Inc.'s gross profit was $40.86B on $63.33B of revenue for fiscal 2026 (ended Jul 25, 2026), a gross margin of 64.5%.
  • What is CSCO free cash flow?
    Cisco Systems Inc. generated $12.77B of free cash flow for fiscal 2026 (ended Jul 25, 2026), which is operating cash flow of $14.18B less capital expenditures.
  • What is CSCO earnings per share?
    Diluted earnings per share were $3.33 for fiscal 2026 (ended Jul 25, 2026), from SEC filings, restated for any stock split those filings show.
  • When did CSCO last report financial results?
    The latest statements here come from Cisco Systems Inc.'s 10-K filed on Sep 2, 2026, covering the period ended Jul 25, 2026.
  • Where does this CSCO financial data come from?
    Quantisnow builds these statements from the structured XBRL data Cisco Systems Inc. files with the SEC. It is provided for information only and is not investment advice.