Cisco Systems, Inc. (CSCO) Earnings History
Annual and quarterly earnings data from 1989 to 2025
Loading earnings history...
CSCO EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
CSCO Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 64.9% | 20.8% | 18.0% |
| 2024 | 64.7% | 22.6% | 19.2% |
| 2023 | 62.7% | 26.4% | 22.1% |
| 2022 | 62.5% | 27.1% | 22.9% |
| 2021 | 64.0% | 25.8% | 21.3% |
Download Data
Export CSCO earnings history in CSV or JSON format
Free sign-in required to download data
Cisco Systems, Inc. (CSCO) Earnings Overview
As of May 6, 2026, Cisco Systems, Inc. (CSCO) reported trailing twelve-month net income of $11.08B, reflecting +0.4% year-over-year growth. The company earned $2.78 per diluted share over the past four quarters, with a net profit margin of 18.0%.
Looking at the long-term picture, CSCO's 5-year EPS compound annual growth rate (CAGR) stands at -0.7%, signaling declining earnings. The company achieved its highest annual net income of $12.61B in fiscal 2023.
Cisco Systems, Inc. maintains industry-leading profitability with a gross margin of 64.9%, operating margin of 20.8%, and net margin of 18.0%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including HPE (-$156M net income, 0.2% margin), ANET ($3.72B net income, 39.0% margin), NTGR (-$40M net income, -4.7% margin), CSCO has outperformed on profitability metrics. Compare CSCO vs HPE →
CSCO Earnings vs Peers
Earnings metrics vs comparable public companies
CSCO Historical Earnings Data (1989–2025)
37 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $10.18B | -1.4% | $11.76B | $2.55 | 18.0% | 20.8% |
| 2024 | $10.32B | -18.2% | $12.18B | $2.54 | 19.2% | 22.6% |
| 2023 | $12.61B | +6.8% | $15.03B | $3.07 | 22.1% | 26.4% |
| 2022 | $11.81B | +11.5% | $13.97B | $2.82 | 22.9% | 27.1% |
| 2021 | $10.59B | -5.6% | $12.83B | $2.50 | 21.3% | 25.8% |
| 2020 | $11.21B | -3.5% | $13.62B | $2.64 | 22.7% | 27.6% |
| 2019 | $11.62B | +10464.5% | $14.22B | $2.61 | 22.4% | 27.4% |
| 2018 | $110M | -98.9% | $12.31B | $0.02 | 0.2% | 25.0% |
| 2017 | $9.61B | -10.5% | $11.97B | $1.90 | 20.0% | 24.9% |
| 2016 | $10.74B | +19.6% | $12.66B | $2.11 | 21.8% | 25.7% |
Full CSCO Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
Should I Buy CSCO Right Now?
Bull case, key risks, Wall St analyst verdict, and what council investors are saying — updated daily.
See CSCO's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs CSCO Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare CSCO vs NVDA
Side-by-side business, growth, and profitability comparison vs NVIDIA Corporation.
Start ComparisonCSCO — Frequently Asked Questions
Quick answers to the most common questions about buying CSCO stock.
Is CSCO growing earnings?
CSCO EPS of $2.78 reflects slowing growth at +0.4%, below the 5-year CAGR of -0.7%. TTM net income is $11.1B. Expansion rate has moderated.
What are CSCO's profit margins?
Cisco Systems, Inc. net margin is +18.0%, with operating margin at +20.8%. Above-average margins indicate pricing power.
How consistent are CSCO's earnings?
CSCO earnings data spans 1989-2025. The current earnings trend is +0.4% YoY. Historical data enables comparison across business cycles.