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Cisco Systems, Inc.(CSCO)Earnings, Financials & Key Ratios
CSCO•NASDAQ
$94.30
$373.43B mkt cap·37.0× P/E·Price updated May 6, 2026
AboutCisco Systems, Inc. designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networks; and wireless products include indoor and outdoor wireless coverage designed for seamless roaming use of voice, video, and data applications. In addition, it provides security, which comprising network security, identity and access management, secure access service edge, and threat intelligence, detection, and response offerings; collaboration products, such as Webex Suite, collaboration devices, contact center, and communication platform as a service; end-to-end collaboration solutions that can be delivered from the cloud, on-premise or within hybrid cloud environments allowing customers to transition their collaboration solutions from on-premise to the cloud; and observability offers network assurance, monitoring and analytics and observability suite. Further, the company offers a range of service and support options for its customers, including technical support and advanced services and advisory services. It serves businesses of various sizes, public institutions, governments, and service providers. The company sells its products and services directly, as well as through systems integrators, service providers, other resellers, and distributors. Cisco Systems, Inc. has strategic alliances with other companies. Cisco Systems, Inc. was incorporated in 1984 and is headquartered in San Jose, California.Show more
- Revenue$56.65B+5.3%
- EBITDA$14.62B-0.4%
- Net Income$10.18B-1.4%
- EPS (Diluted)2.55+0.4%
- Gross Margin64.94%+0.3%
- EBITDA Margin25.81%-5.5%
- Operating Margin20.76%-8.3%
- Net Margin17.97%-6.3%
- ROE22.06%-4.0%
- ROIC13%-20.8%
- Debt/Equity0.63-10.8%
- Interest Coverage7.38-39.0%
CSCO Key Insights
Cisco Systems, Inc. (CSCO) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Excellent 3Y average ROE of 25.0%
- ✓Strong Piotroski F-Score: 8/9
- ✓FCF machine: 23.5% free cash flow margin
- ✓15 consecutive years of dividend growth
- ✓High quality earnings: Operating CF exceeds net income
- ✓Healthy 5Y average net margin of 20.7%
✗Weaknesses
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
CSCO Price & Volume
Cisco Systems, Inc. (CSCO) stock price & volume — 10-year historical chart
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CSCO Growth Metrics
Cisco Systems, Inc. (CSCO) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years1.43%
5 Years2.82%
3 Years3.19%
TTM9%
Profit CAGR
10 Years1.26%
5 Years-1.92%
3 Years-4.84%
TTM20.56%
EPS CAGR
10 Years3.84%
5 Years-0.69%
3 Years-3.3%
TTM24.02%
Return on Capital
10 Years16.77%
5 Years17.88%
3 Years17.06%
Last Year13.75%
CSCO Recent Earnings
Cisco Systems, Inc. (CSCO) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 12/12 qtrs (100%)●Beat Revenue 12/12 qtrs (100%)
Q1 2026Latest
Feb 11, 2026EPS
$1.04
Est $1.02
+2.0%
Revenue
$15.3B
Est $15.1B
+1.6%
Q4 2025
Nov 12, 2025EPS
$1.00
Est $0.98
+1.8%
Revenue
$14.9B
Est $14.8B
+0.7%
Q3 2025
Aug 13, 2025EPS
$0.99
Est $0.98
+1.3%
Revenue
$14.7B
Est $14.6B
+0.4%
Q2 2025
May 14, 2025EPS
$0.96
Est $0.92
+4.7%
Revenue
$14.1B
Est $14.0B
+0.7%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 11, 2026 | $1.04vs $1.02+2.0% | $15.3Bvs $15.1B+1.6% |
| Q4 2025 | Nov 12, 2025 | $1.00vs $0.98+1.8% | $14.9Bvs $14.8B+0.7% |
| Q3 2025 | Aug 13, 2025 | $0.99vs $0.98+1.3% | $14.7Bvs $14.6B+0.4% |
| Q2 2025 | May 14, 2025 | $0.96vs $0.92+4.7% | $14.1Bvs $14.0B+0.7% |
Based on last 12 quarters of dataView full earnings history →
CSCO Peer Comparison
Cisco Systems, Inc. (CSCO) competitors in Enterprise Networking and Wi-Fi — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 HPE | 39.92B | 30.04 | -673.54 | 14.06% | -0.44% | -0.64% | 1.57% | 0.90 |
 ANET | 214.34B | 170.22 | 61.90 | 28.6% | 38.32% | 30.58% | 1.98% | |
 NTGR | 700.54M | 25.62 | -22.47 | 2.91% | -5.77% | -7.97% | 0.10 | |
 EXTR | 3.18B | 23.71 | -420.39 | 2.05% | 1.3% | 21.07% | 4% | 3.41 |
 CIEN | 77.06B | 544.75 | 640.88 | 18.79% | 4.47% | 8.26% | 0.86% | 0.58 |
 FFIV | 19.21B | 339.90 | 28.81 | 9.66% | 21.96% | 19.88% | 4.72% | 0.14 |
 FTNT | 66.87B | 89.92 | 37.00 | 14.17% | 27.26% | 149.77% | 3.33% | 0.81 |
 PANW | 129.34B | 183.98 | 114.99 | 14.87% | 12.96% | 13.65% | 2.68% | 0.04 |
Compare CSCO vs Peers
Cisco Systems, Inc. (CSCO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
CSCO Income Statement
Cisco Systems, Inc. (CSCO) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Jul'17 | Jul'18 | Jul'19 | Jul'20 | Jul'21 | Jul'22 | Jul'23 | Jul'24 | Jul'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 48.01B | 49.33B | 51.9B | 49.3B | 49.82B | 51.56B | 57B | 53.8B | 56.65B | 59.05B |
| Revenue Growth % | -2.52% | 2.76% | 5.22% | -5.01% | 1.05% | 3.49% | 10.55% | -5.61% | 5.3% | 9% |
| Cost of Goods Sold | 17.78B | 18.72B | 19.24B | 17.62B | 17.92B | 19.31B | 21.25B | 18.98B | 19.86B | 21B |
| COGS % of Revenue | 37.04% | 37.96% | 37.06% | 35.74% | 35.98% | 37.45% | 37.27% | 35.27% | 35.06% | - |
| Gross Profit | 30.22B▲ 0% | 30.61B▲ 1.3% | 32.67B▲ 6.7% | 31.68B▼ 3.0% | 31.89B▲ 0.7% | 32.25B▲ 1.1% | 35.75B▲ 10.9% | 34.83B▼ 2.6% | 36.79B▲ 5.6% | 38.05B▲ 0% |
| Gross Margin % | 62.96% | 62.04% | 62.94% | 64.26% | 64.02% | 62.55% | 62.73% | 64.73% | 64.94% | 64.43% |
| Gross Profit Growth % | -2.38% | 1.26% | 6.73% | -3.01% | 0.67% | 1.11% | 10.87% | -2.59% | 5.63% | - |
| Operating Expenses | 18.25B | 18.3B | 18.45B | 18.06B | 19.06B | 18.28B | 20.72B | 22.65B | 25.03B | 24.48B |
| OpEx % of Revenue | 38.02% | 37.09% | 35.54% | 36.64% | 38.26% | 35.45% | 36.36% | 42.09% | 44.18% | - |
| Selling, General & Admin | 11.18B | 11.39B | 11.4B | 11.09B | 11.41B | 11.19B | 12.36B | 13.18B | 13.95B | 14.06B |
| SG&A % of Revenue | 23.28% | 23.08% | 21.96% | 22.5% | 22.91% | 21.7% | 21.68% | 24.49% | 24.62% | - |
| Research & Development | 6.06B | 6.33B | 6.58B | 6.35B | 6.55B | 6.77B | 7.55B | 7.98B | 9.3B | 9.47B |
| R&D % of Revenue | 12.62% | 12.84% | 12.67% | 12.87% | 13.15% | 13.14% | 13.25% | 14.84% | 16.42% | - |
| Other Operating Expenses | 1.01B | 579M | 472M | 622M | 1.1B | 319M | 813M | 1.49B | 1.78B | 3M |
| Operating Income | 11.97B▲ 0% | 12.31B▲ 2.8% | 14.22B▲ 15.5% | 13.62B▼ 4.2% | 12.83B▼ 5.8% | 13.97B▲ 8.9% | 15.03B▲ 7.6% | 12.18B▼ 19.0% | 11.76B▼ 3.5% | 13.57B▲ 0% |
| Operating Margin % | 24.94% | 24.95% | 27.39% | 27.63% | 25.76% | 27.09% | 26.37% | 22.64% | 20.76% | 22.98% |
| Operating Income Growth % | -5.43% | 2.81% | 15.52% | -4.21% | -5.78% | 8.85% | 7.6% | -18.96% | -3.46% | - |
| EBITDA | 14.21B | 14.5B | 16.12B | 15.43B | 14.7B | 15.93B | 16.76B | 14.69B | 14.62B | 16.1B |
| EBITDA Margin % | 29.61% | 29.39% | 31.05% | 31.29% | 29.5% | 30.89% | 29.4% | 27.3% | 25.81% | 27.26% |
| EBITDA Growth % | -3.56% | 2.03% | 11.14% | -4.27% | -4.75% | 8.38% | 5.22% | -12.35% | -0.45% | 19.11% |
| D&A (Non-Cash Add-back) | 2.24B | 2.19B | 1.9B | 1.81B | 1.86B | 1.96B | 1.73B | 2.51B | 2.86B | 2.53B |
| EBIT | 13.14B | 13.98B | 15.43B | 14.55B | 13.7B | 14.84B | 15.74B | 13.24B | 12.52B | 14.38B |
| Net Interest Income | 477M | 565M | 449M | 335M | 184M | 116M | 535M | 359M | -592M | -582M |
| Interest Income | 1.34B | 1.51B | 1.31B | 920M | 618M | 476M | 962M | 1.36B | 1B | 909M |
| Interest Expense | 861M | 943M | 859M | 585M | 434M | 360M | 427M | 1.01B | 1.59B | 1.49B |
| Other Income/Expense | 314M | 730M | 352M | 350M | 429M | 508M | 287M | 53M | -660M | -588M |
| Pretax Income | 12.29B▲ 0% | 13.04B▲ 6.1% | 14.57B▲ 11.7% | 13.97B▼ 4.1% | 13.26B▼ 5.1% | 14.48B▲ 9.2% | 15.32B▲ 5.8% | 12.23B▼ 20.1% | 11.1B▼ 9.3% | 12.98B▲ 0% |
| Pretax Margin % | 25.6% | 26.43% | 28.07% | 28.34% | 26.62% | 28.08% | 26.87% | 22.74% | 19.59% | 21.98% |
| Income Tax | 2.68B | 12.93B | 2.95B | 2.76B | 2.67B | 2.67B | 2.71B | 1.91B | 920M | 1.91B |
| Effective Tax Rate % | 21.8% | 99.16% | 20.25% | 19.73% | 20.14% | 18.41% | 17.66% | 15.64% | 8.29% | 14.69% |
| Net Income | 9.61B▲ 0% | 110M▼ 98.9% | 11.62B▲ 10464.5% | 11.21B▼ 3.5% | 10.59B▼ 5.6% | 11.81B▲ 11.5% | 12.61B▲ 6.8% | 10.32B▼ 18.2% | 10.18B▼ 1.4% | 11.08B▲ 0% |
| Net Margin % | 20.02% | 0.22% | 22.39% | 22.75% | 21.26% | 22.91% | 22.13% | 19.18% | 17.97% | 18.76% |
| Net Income Growth % | -10.52% | -98.86% | 10464.55% | -3.5% | -5.56% | 11.53% | 6.78% | -18.18% | -1.36% | 20.56% |
| Net Income (Continuing) | 9.61B | 110M | 11.62B | 11.21B | 10.59B | 11.81B | 12.61B | 10.32B | 10.18B | 11.08B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 1.90▲ 0% | 0.02▼ 98.8% | 2.61▲ 11500.0% | 2.64▲ 1.1% | 2.50▼ 5.3% | 2.82▲ 12.8% | 3.07▲ 8.9% | 2.54▼ 17.3% | 2.55▲ 0.4% | 2.78▲ 0% |
| EPS Growth % | -9.95% | -98.82% | 11500% | 1.15% | -5.3% | 12.8% | 8.87% | -17.26% | 0.39% | 24.02% |
| EPS (Basic) | 1.92 | 0.02 | 2.63 | 2.65 | 2.51 | 2.83 | 3.08 | 2.55 | 2.56 | - |
| Diluted Shares Outstanding | 5.05B | 4.88B | 4.45B | 4.25B | 4.24B | 4.19B | 4.11B | 4.06B | 4B | 3.99B |
| Basic Shares Outstanding | 5.01B | 4.84B | 4.42B | 4.24B | 4.22B | 4.17B | 4.09B | 4.04B | 3.98B | 3.96B |
| Dividend Payout Ratio | 57.35% | 5425.45% | 51.45% | 53.65% | 58.19% | 52.69% | 49.96% | 61.86% | 63.23% | - |
CSCO Balance Sheet
Cisco Systems, Inc. (CSCO) balance sheet — assets, liabilities & shareholders' equity
| Line item | Jul'17 | Jul'18 | Jul'19 | Jul'20 | Jul'21 | Jul'22 | Jul'23 | Jul'24 | Jul'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 83.7B | 61.84B | 47.76B | 43.57B | 39.11B | 36.72B | 43.35B | 36.86B | 34.99B | 35.13B |
| Cash & Short-Term Investments | 70.49B | 46.55B | 33.41B | 29.42B | 24.52B | 19.27B | 26.15B | 19.37B | 17.24B | 7.46B |
| Cash Only | 11.71B | 8.93B | 11.75B | 11.81B | 9.18B | 7.08B | 10.12B | 9.02B | 9.47B | 7.46B |
| Short-Term Investments | 58.78B | 37.61B | 21.66B | 17.61B | 15.34B | 12.19B | 16.02B | 10.35B | 7.76B | 0 |
| Accounts Receivable | 10B | 10.5B | 10.59B | 10.52B | 10.15B | 10.53B | 9.21B | 10.02B | 11.46B | 6.61B |
| Days Sales Outstanding | 76.05 | 77.71 | 74.44 | 77.91 | 74.34 | 74.53 | 58.95 | 68 | 73.85 | 57.5 |
| Inventory | 1.62B | 1.85B | 1.38B | 1.28B | 1.56B | 2.57B | 3.64B | 3.37B | 3.16B | 3.92B |
| Days Inventory Outstanding | 33.17 | 35.99 | 26.24 | 26.56 | 31.75 | 48.54 | 62.61 | 64.88 | 58.14 | 57.83 |
| Other Current Assets | 1.59B | 2.94B | 2.37B | 2.35B | 2.89B | 4.36B | 4.35B | 4.1B | 3.12B | 17.15B |
| Total Non-Current Assets | 46.12B | 46.95B | 50.04B | 51.28B | 58.38B | 57.28B | 58.5B | 87.55B | 87.31B | 88.24B |
| Property, Plant & Equipment | 3.32B | 3.01B | 2.79B | 2.45B | 2.34B | 2B | 2.08B | 2.09B | 3.41B | 2.35B |
| Fixed Asset Turnover | 14.45x | 16.41x | 18.61x | 20.10x | 21.31x | 25.82x | 27.34x | 25.74x | 16.59x | 20.89x |
| Goodwill | 29.77B | 31.71B | 33.53B | 33.81B | 38.17B | 38.3B | 38.53B | 58.66B | 59.14B | 59.23B |
| Intangible Assets | 2.54B | 2.55B | 2.2B | 1.58B | 3.62B | 2.57B | 1.82B | 11.22B | 9.18B | 8.31B |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.88B | 14.36B |
| Other Non-Current Assets | 6.25B | 6.46B | 7.45B | 9.46B | 9.9B | 9.97B | 9.49B | 9.32B | 1.35B | 25.13B |
| Total Assets | 129.82B▲ 0% | 108.78B▼ 16.2% | 97.79B▼ 10.1% | 94.85B▼ 3.0% | 97.5B▲ 2.8% | 94B▼ 3.6% | 101.85B▲ 8.4% | 124.41B▲ 22.2% | 122.29B▼ 1.7% | 123.37B▲ 0% |
| Asset Turnover | 0.37x | 0.45x | 0.53x | 0.52x | 0.51x | 0.55x | 0.56x | 0.43x | 0.46x | 0.49x |
| Asset Growth % | 6.71% | -16.2% | -10.1% | -3.01% | 2.79% | -3.58% | 8.35% | 22.15% | -1.71% | -4.48% |
| Total Current Liabilities | 27.58B | 27.04B | 31.71B | 25.33B | 26.26B | 25.64B | 31.31B | 40.58B | 35.06B | 36.79B |
| Accounts Payable | 1.39B | 1.9B | 2.06B | 2.22B | 2.36B | 2.28B | 2.31B | 2.3B | 2.53B | 2.76B |
| Days Payables Outstanding | 28.43 | 37.12 | 39.07 | 45.95 | 48.1 | 43.12 | 39.74 | 44.32 | 46.45 | 43.31 |
| Short-Term Debt | 7.99B | 5.24B | 10.19B | 3B | 2.51B | 1.42B | 1.73B | 11.71B | 5.61B | 8.72B |
| Deferred Revenue (Current) | 10.82B | 11.49B | 10.67B | 11.41B | 12.15B | 12.78B | 13.91B | 16.25B | 16.42B | 64.5B |
| Other Current Liabilities | 7.29B | 7.4B | 7.64B | 7.86B | 8.44B | 4.88B | 9.12B | 5.28B | 5.04B | 11.87B |
| Current Ratio | 3.03x | 2.29x | 1.51x | 1.72x | 1.49x | 1.43x | 1.38x | 0.91x | 1.00x | 1.00x |
| Quick Ratio | 2.98x | 2.22x | 1.46x | 1.67x | 1.43x | 1.33x | 1.27x | 0.83x | 0.91x | 0.91x |
| Cash Conversion Cycle | 80.79 | 76.58 | 61.62 | 58.52 | 57.98 | 79.95 | 81.82 | 88.56 | 85.53 | 72.03 |
| Total Non-Current Liabilities | 36.1B | 38.55B | 32.51B | 31.6B | 29.96B | 28.59B | 26.19B | 38.37B | 40.38B | 38.86B |
| Long-Term Debt | 25.73B | 20.33B | 14.47B | 11.58B | 9.02B | 8.42B | 6.66B | 19.62B | 22.86B | 21.37B |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 724M | 0 | 906M | 1.18B | 3.43B |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 2.7B | 10.02B | 10.24B | 10.98B | 10.93B | 8.97B | 7.89B | 5.62B | 3.98B | 27.91B |
| Total Liabilities | 63.68B | 65.58B | 64.22B | 56.93B | 56.22B | 54.23B | 57.5B | 78.96B | 75.45B | 75.65B |
| Total Debt | 33.72B | 25.57B | 24.67B | 14.58B | 11.53B | 10.56B | 8.39B | 32.23B | 29.64B | 30.09B |
| Net Debt | 22.01B | 16.64B | 12.92B | 2.77B | 2.35B | 3.48B | -1.73B | 23.21B | 20.17B | 22.63B |
| Debt / Equity | 0.51x | 0.59x | 0.73x | 0.38x | 0.28x | 0.27x | 0.19x | 0.71x | 0.63x | 0.63x |
| Debt / EBITDA | 2.37x | 1.76x | 1.53x | 0.95x | 0.78x | 0.66x | 0.50x | 2.19x | 2.03x | 1.87x |
| Net Debt / EBITDA | 1.55x | 1.15x | 0.80x | 0.18x | 0.16x | 0.22x | -0.10x | 1.58x | 1.38x | 1.38x |
| Interest Coverage | 13.91x | 13.05x | 16.55x | 23.28x | 29.57x | 38.80x | 35.20x | 12.11x | 7.38x | 9.64x |
| Total Equity | 66.14B▲ 0% | 43.2B▼ 34.7% | 33.57B▼ 22.3% | 37.92B▲ 13.0% | 41.27B▲ 8.8% | 39.77B▼ 3.6% | 44.35B▲ 11.5% | 45.46B▲ 2.5% | 46.84B▲ 3.0% | 47.72B▲ 0% |
| Equity Growth % | 4.01% | -34.67% | -22.3% | 12.95% | 8.85% | -3.64% | 11.52% | 2.49% | 3.05% | 11.76% |
| Book Value per Share | 13.10 | 8.85 | 7.54 | 8.91 | 9.74 | 9.49 | 10.80 | 11.19 | 11.72 | 11.97 |
| Total Shareholders' Equity | 66.14B | 43.2B | 33.57B | 37.92B | 41.27B | 39.77B | 44.35B | 45.46B | 46.84B | 47.72B |
| Common Stock | 45.25B | 42.82B | 40.27B | 41.2B | 42.35B | 42.71B | 44.29B | 45.8B | 47.75B | 0 |
| Retained Earnings | 20.84B | 1.23B | -5.9B | -2.76B | -654M | -1.32B | 1.64B | 1.09B | 50M | 0 |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 46M | -849M | -792M | -519M | -417M | -1.62B | -1.57B | -1.43B | -954M | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
CSCO Cash Flow Statement
Cisco Systems, Inc. (CSCO) cash flow — operating, investing & free cash flow history
| Line item | Jul'17 | Jul'18 | Jul'19 | Jul'20 | Jul'21 | Jul'22 | Jul'23 | Jul'24 | Jul'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 13.88B | 13.67B | 15.83B | 15.43B | 15.45B | 13.23B | 19.89B | 10.88B | 14.19B | 14.19B |
| Operating CF Margin % | 28.91% | 27.7% | 30.5% | 31.29% | 31.02% | 25.65% | 34.89% | 20.22% | 25.05% | - |
| Operating CF Growth % | 2.25% | -1.51% | 15.84% | -2.56% | 0.18% | -14.42% | 50.36% | -45.29% | 30.45% | -15.28% |
| Net Income | 9.61B | 110M | 11.62B | 11.21B | 10.59B | 11.81B | 12.61B | 10.32B | 10.45B | 11.08B |
| Depreciation & Amortization | 2.29B | 2.19B | 1.9B | 1.81B | 1.86B | 1.96B | 1.73B | 2.51B | 2.81B | 2.53B |
| Stock-Based Compensation | 1.53B | 1.58B | 1.57B | 1.57B | 1.76B | 1.89B | 2.35B | 3.07B | 3.64B | 3.88B |
| Deferred Taxes | -124M | 900M | -350M | -38M | -384M | -309M | -2.08B | -972M | -1.05B | -815M |
| Other Non-Cash Items | -7M | -456M | 16M | -45M | -360M | -398M | 237M | 249M | -14M | -4.21B |
| Working Capital Changes | 586M | 9.34B | 1.08B | 918M | 1.98B | -1.72B | 5.04B | -4.3B | -1.65B | 863M |
| Change in Receivables | 756M | -269M | -84M | -107M | 1.47B | -1.01B | 1.84B | -213M | 192M | -1.05B |
| Change in Inventory | -394M | -244M | 131M | 84M | -244M | -1.03B | -1.07B | 275M | 278M | -993M |
| Change in Payables | 311M | 504M | 87M | 141M | -53M | -55M | 27M | -90M | 257M | 852M |
| Cash from Investing | -5.99B | 15.32B | 14.84B | 3.5B | -5.29B | 1.55B | -5.11B | -20.48B | 1.73B | -918M |
| Capital Expenditures | -964M | -834M | -909M | -770M | -692M | -477M | -849M | -670M | -905M | -478M |
| CapEx % of Revenue | 2.01% | 1.69% | 1.75% | 1.56% | 1.39% | 0.93% | 1.49% | 1.25% | 1.6% | - |
| Acquisitions | -3.32B | -2.98B | -2.17B | -327M | -7.04B | -373M | -301M | -25.99B | -291M | -80M |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 46M | 46M | 10M | 169M | -28M | 76M | -23M | -5M | 9M | -545M |
| Cash from Financing | -3.81B | -31.76B | -27.89B | -18.86B | -12.1B | -15.96B | -11.63B | 6.84B | -15.81B | -14.39B |
| Debt Issued (Net) | 5.33B | -8B | -1.08B | -10.19B | -3B | -1.9B | -1.1B | 19.33B | -2.81B | -5.34B |
| Equity Issued (Net) | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -3M |
| Dividends Paid | -5.51B | -5.97B | -5.98B | -6.02B | -6.16B | -6.22B | -6.3B | -6.38B | -6.44B | -6.49B |
| Share Repurchases | -4.3B | -18.25B | -21.58B | -3.39B | -3.51B | -8.38B | -4.89B | -6.78B | -7.22B | -8.4B |
| Other Financing | 683M | -169M | 113M | 81M | -59M | -122M | -32M | -37M | -80M | 3.27B |
| Net Change in Cash | 4.08B▲ 0% | -2.77B▼ 168.0% | 2.78B▲ 200.2% | 40M▼ 98.6% | -1.87B▼ 4775.0% | -1.36B▲ 27.1% | 3.05B▲ 323.6% | -2.79B▼ 191.4% | -677M▲ 75.7% | -2.05B▲ 0% |
| Free Cash Flow | 12.91B▲ 0% | 12.83B▼ 0.6% | 14.92B▲ 16.3% | 14.66B▼ 1.8% | 14.76B▲ 0.7% | 12.75B▼ 13.6% | 19.04B▲ 49.3% | 10.21B▼ 46.4% | 13.29B▲ 30.1% | 12.85B▲ 0% |
| FCF Margin % | 26.9% | 26.01% | 28.75% | 29.73% | 29.63% | 24.73% | 33.4% | 18.98% | 23.45% | 21.75% |
| FCF Growth % | 3.93% | -0.62% | 16.29% | -1.78% | 0.72% | -13.64% | 49.32% | -46.37% | 30.15% | 0.29% |
| FCF per Share | 2.56 | 2.63 | 3.35 | 3.45 | 3.48 | 3.04 | 4.64 | 2.51 | 3.32 | 3.32 |
| FCF Conversion (FCF/Net Income) | 1.44x | 124.24x | 1.36x | 1.38x | 1.46x | 1.12x | 1.58x | 1.05x | 1.39x | 1.16x |
| Interest Paid | 897M | 911M | 892M | 603M | 438M | 355M | 376M | 583M | 1.5B | 1.35B |
| Taxes Paid | 2.74B | 3.91B | 2.99B | 3.12B | 3.6B | 3.66B | 3.57B | 7.43B | 3.89B | 1.84B |
CSCO Key Ratios
Cisco Systems, Inc. (CSCO) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 14.81% | 0.2% | 30.27% | 31.37% | 26.75% | 29.15% | 29.99% | 22.98% | 22.06% | 23.21% |
| Return on Invested Capital (ROIC) | 10.4% | 12.48% | 20.06% | 23.43% | 22.83% | 24.12% | 26.25% | 16.42% | 13% | 13% |
| Gross Margin | 62.96% | 62.04% | 62.94% | 64.26% | 64.02% | 62.55% | 62.73% | 64.73% | 64.94% | 64.43% |
| Net Margin | 20.02% | 0.22% | 22.39% | 22.75% | 21.26% | 22.91% | 22.13% | 19.18% | 17.97% | 18.76% |
| Debt / Equity | 0.51x | 0.59x | 0.73x | 0.38x | 0.28x | 0.27x | 0.19x | 0.71x | 0.63x | 0.63x |
| Interest Coverage | 13.91x | 13.05x | 16.55x | 23.28x | 29.57x | 38.80x | 35.20x | 12.11x | 7.38x | 9.64x |
| FCF Conversion | 1.44x | 124.24x | 1.36x | 1.38x | 1.46x | 1.12x | 1.58x | 1.05x | 1.39x | 1.16x |
| Revenue Growth | -2.52% | 2.76% | 5.22% | -5.01% | 1.05% | 3.49% | 10.55% | -5.61% | 5.3% | 9% |
CSCO SEC Filings & Documents
Cisco Systems, Inc. (CSCO) SEC filings — annual & quarterly reports (10-K, 10-Q)
CSCO Frequently Asked Questions
Cisco Systems, Inc. (CSCO) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Cisco Systems, Inc. (CSCO) reported $59.05B in revenue for fiscal year 2025. This represents a 1342% increase from $4.10B in 1996.
Cisco Systems, Inc. (CSCO) grew revenue by 5.3% over the past year. This is steady growth.
Yes, Cisco Systems, Inc. (CSCO) is profitable, generating $11.08B in net income for fiscal year 2025 (18.0% net margin).
Dividend & Returns
Yes, Cisco Systems, Inc. (CSCO) pays a dividend with a yield of 1.71%. This makes it attractive for income-focused investors.
Cisco Systems, Inc. (CSCO) has a return on equity (ROE) of 22.1%. This is excellent, indicating efficient use of shareholder capital.
Cisco Systems, Inc. (CSCO) generated $12.85B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
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