Cisco Systems, Inc. logo

Cisco Systems, Inc.

CSCO

NASDAQTechnologyCommunication Equipment

Previous close

$111.04

+$1.45 · +1.32%

Aug 21, 4:00 PM ET

CSCO company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

72

Undervalued

Momentum

71

Gaining

Sentiment

54

Mixed

Risk resilience

70

Moderate Risk

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Company profile

Company website

Cisco Systems, Inc. is a leading global technology company focused on designing, producing, and marketing Internet Protocol (IP)-based networking equipment, software, and associated products within the communications and information technology industries. The company operates extensively across major regions including the Americas, Europe, the Middle East, Africa, and the Asia Pacific, specifically covering Japan and China. Its comprehensive product lineup features switching solutions for both enterprise campuses and data centers. Cisco's enterprise routing segment is crucial for securely and reliably interconnecting public, private, wired, and mobile networks, ensuring vital connectivity across corporate campuses, data centers, and branch offices. Additionally, the company provides a range of wireless products offering seamless indoor and outdoor roaming for voice, video, and data applications. Security forms a significant pillar of its offerings, encompassing network defense, identity and access management, secure access service edge (SASE), alongside threat intelligence, detection, and response capabilities. For collaboration, Cisco delivers the Webex Suite, dedicated devices, contact center platforms, and communication platform-as-a-service (CPaaS). These end-to-end collaboration solutions are adaptable, available in cloud, on-premise, or hybrid environments, facilitating clients' migration to cloud-based systems. Moreover, their observability suite provides network assurance, monitoring, and analytics. Beyond its product portfolio, Cisco offers extensive customer support and services, including technical assistance, advanced professional services, and advisory consulting. The company serves a broad clientele, from small and large businesses to public institutions, governmental agencies, and service providers. Products and services are distributed directly by Cisco, as well as through a diverse network of system integrators, service providers, other resellers, and distributors. Cisco Systems, Inc. also engages in strategic collaborations with other industry players. Founded in 1984, the company is headquartered in San Jose, California.

Industry
Communication Equipment
Sector
Technology
Headquarters
US
CEO
Charles H. Robbins
Listed since
Feb 16, 1990
Employees
86,200

Market position

Day range

Current $111.04

52-week range

Current $111.04

Open
$110.86
Previous close
$109.59
Volume
18.41M
0.77× average
Average volume
23.9M
Average daily volume
Market cap
437.66B USD
Beta
1.01
Market reference 1
50-day average
$116.24
-4.47% below average
200-day average
$92.9255
+19.49% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
473.63B USD
P/E (TTM)
33.05×
P/B (TTM)
8.73×
P/S (TTM)
6.91×
EV / EBITDA
23.66×
Earnings yield
2.94%
Free cash flow yield
2.83%
Dividend yield
1.49%

Profitability & efficiency

Gross margin
64.52%
Operating margin
24.27%
Net margin
20.95%
Return on equity
26.38%
Return on assets
10.23%
Return on invested capital
12.96%

Financial health

Debt / equity
0.59×
Current ratio
0.93×
Altman Z-score
4.22
Piotroski F-score
8 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends70%51%32%13%Gross margin, FY2022: 62.55%Gross margin, FY2023: 62.73%Gross margin, FY2024: 64.73%Gross margin, FY2025: 64.94%Gross margin, FY2026: 64.52%Operating margin, FY2022: 27.09%Operating margin, FY2023: 26.37%Operating margin, FY2024: 22.64%Operating margin, FY2025: 20.76%Operating margin, FY2026: 24.27%Net margin, FY2022: 22.91%Net margin, FY2023: 22.13%Net margin, FY2024: 19.18%Net margin, FY2025: 17.97%Net margin, FY2026: 20.95%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 62.55%. Gross margin FY2023 62.73%. Gross margin FY2024 64.73%. Gross margin FY2025 64.94%. Gross margin FY2026 64.52%. Operating margin FY2022 27.09%. Operating margin FY2023 26.37%. Operating margin FY2024 22.64%. Operating margin FY2025 20.76%. Operating margin FY2026 24.27%. Net margin FY2022 22.91%. Net margin FY2023 22.13%. Net margin FY2024 19.18%. Net margin FY2025 17.97%. Net margin FY2026 20.95%.

Income trends

Revenue

63.33B USD+11.77%

Operating income

15.37B USD+30.68%

Net income

13.27B USD+30.32%
Income trends across reported periods68.64B USD47.38B USD26.12B USD4.87B USDRevenue, FY2022: 51.56B USDRevenue, FY2023: 57B USDRevenue, FY2024: 53.8B USDRevenue, FY2025: 56.65B USDRevenue, FY2026: 63.33B USDOperating income, FY2022: 13.97B USDOperating income, FY2023: 15.03B USDOperating income, FY2024: 12.18B USDOperating income, FY2025: 11.76B USDOperating income, FY2026: 15.37B USDNet income, FY2022: 11.81B USDNet income, FY2023: 12.61B USDNet income, FY2024: 10.32B USDNet income, FY2025: 10.18B USDNet income, FY2026: 13.27B USDFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 51.56B USD. Revenue FY2023 57B USD. Revenue FY2024 53.8B USD. Revenue FY2025 56.65B USD. Revenue FY2026 63.33B USD. Operating income FY2022 13.97B USD. Operating income FY2023 15.03B USD. Operating income FY2024 12.18B USD. Operating income FY2025 11.76B USD. Operating income FY2026 15.37B USD. Net income FY2022 11.81B USD. Net income FY2023 12.61B USD. Net income FY2024 10.32B USD. Net income FY2025 10.18B USD. Net income FY2026 13.27B USD.
Metric (USD)FY2026FY2025FY2024FY2023FY2022
Revenue63.33B USD56.65B USD53.8B USD57B USD51.56B USD
Cost of goods sold22.47B USD19.86B USD18.98B USD21.25B USD19.31B USD
Gross profit40.86B USD36.79B USD34.83B USD35.75B USD32.25B USD
Research and development9.56B USD9.3B USD7.98B USD7.55B USD6.77B USD
Selling, general, and administrative14.32B USD13.95B USD13.18B USD12.36B USD11.19B USD
Operating expenses25.49B USD25.03B USD22.65B USD20.72B USD18.28B USD
Interest income866M USD1B USD1.37B USD962M USD476M USD
Interest expense1.47B USD1.59B USD1.01B USD427M USD360M USD
Depreciation and amortization2.54B USD2.86B USD2.51B USD1.73B USD1.96B USD
Operating income15.37B USD11.76B USD12.18B USD15.03B USD13.97B USD
Net income13.27B USD10.18B USD10.32B USD12.61B USD11.81B USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
100%
11 beats, 0 misses, 0 met estimates
Average EPS surprise
+3.37%
11 comparable reports
Latest EPS result
1.22
Estimate 1.17 · Beat by 4.27%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates1.381.211.030.86Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 12, 2025: actual 0.94, estimate 0.91, surprise +3.30%, Beat. Q2 2025, reported May 14, 2025: actual 0.96, estimate 0.917, surprise +4.69%, Beat. Q3 2025, reported Aug 13, 2025: actual 0.99, estimate 0.977, surprise +1.33%, Beat. Q4 2025, reported Nov 12, 2025: actual 1, estimate 0.982, surprise +1.83%, Beat. Q1 2026, reported Feb 11, 2026: actual 1.04, estimate 1.02, surprise +1.96%, Beat. Q2 2026, reported May 13, 2026: actual 1.06, estimate 1.03, surprise +2.91%, Beat. Q3 2026, reported Aug 12, 2026: actual 1.22, estimate 1.17, surprise +4.27%, Beat. Q4 2026, reported Nov 11, 2026: actual —, estimate 1.33, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates18.84B16.94B15.04B13.15BQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 12, 2025: actual 13.99B USD, estimate 13.87B USD, surprise +0.87%, Beat. Q2 2025, reported May 14, 2025: actual 14.15B USD, estimate 14.05B USD, surprise +0.72%, Beat. Q3 2025, reported Aug 13, 2025: actual 14.67B USD, estimate 14.62B USD, surprise +0.39%, Beat. Q4 2025, reported Nov 12, 2025: actual 14.88B USD, estimate 14.78B USD, surprise +0.73%, Beat. Q1 2026, reported Feb 11, 2026: actual 15.35B USD, estimate 15.11B USD, surprise +1.56%, Beat. Q2 2026, reported May 13, 2026: actual 15.84B USD, estimate 15.56B USD, surprise +1.82%, Beat. Q3 2026, reported Aug 12, 2026: actual 17.25B USD, estimate 16.84B USD, surprise +2.47%, Beat. Q4 2026, reported Nov 11, 2026: actual —, estimate 18.12B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Recent analyst actions

12 institutions
Truist SecuritiesmaintainBuy

CSCO news

Corporate actions

Corporate action history

Stock split

Effective Mar 23, 2000

2:1

Stock split

Effective Jun 22, 1999

2:1

Stock split

Effective Sep 16, 1998

3:2

Stock split

Effective Dec 17, 1997

3:2

Stock split

Effective Feb 20, 1996

2:1

Stock split

Effective Mar 21, 1994

2:1

CSCO peers

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