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Cisco Systems, Inc.

CSCO

Cisco Systems, Inc. is a global leader in digital infrastructure, designing and selling a comprehensive range of networking, security, collaboration, and observability technologies.

Market cap
$452.96B+64.8%
Revenue$63.3B+11.8%
Net income$13.3B+30.3%
Free cash flow$12.8B-3.9%
EPS (diluted)$3.34+31.0%
Trailing twelve months · change vs. prior year

Earnings

Next report

Nov 11, 2026 (in a month)
Revenue estimate$18.1B
EPS estimate$1.33

Financials

Q4 2026

Income statement

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Revenue$17.3B+17.6%
Gross profit$11.1B+19.2%
Operating income$4.3B+38.1%
Net income$3.9B+51.3%
EPS (diluted)$0.97+51.6%

Balance sheet

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Cash & equivalents$7.2B-13.5%
Total debt$31.2B+5.2%
Total equity$50.3B+7.3%
Total assets$129.64B+6.0%

Cash flow

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Operating cash flow$5.4B+27.2%
CapEx$390.0M+79.7%
Free cash flow$5.0B+24.4%

Valuation & ratios

Valuation

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Market cap$452.96B+64.8%
Enterprise value$476.93B+60.1%
P/E34.1×+7.0×
P/S7.2×+2.3×

Profitability

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Gross margin64.5%-0.4pp
Operating margin24.3%+3.5pp
Net margin21%+3.0pp
FCF margin20.2%-3.3pp

Returns & leverage

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Return on equity27.3%+5.3pp
Debt / equity0.6×0.0×
Current ratio0.9×-0.1×

Segments

By product

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Networking$9.8B+28.3%
Subscription, Product$4.9B+10.3%
Services$3.8B+0.2%
Subscription, Service$3.4B-0.4%
Security$2.2B+14.0%

By segment

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Americas$10.4B+17.8%
EMEA$4.4B+19.4%
APJC$2.5B+13.6%

Competitors

Profile

Cisco Systems, Inc. is a global leader in digital infrastructure, designing and selling a comprehensive range of networking, security, collaboration, and observability technologies. The company provides the foundational hardware, software, and services required for modern internet connectivity, increasingly integrating artificial intelligence to power and secure data-intensive workloads. Cisco's value proposition centers on delivering a unified platform that enables digital resilience, future-proofed workplaces, and AI-ready data centers for organizations of all sizes.

Competitive position

A dominant global provider of networking infrastructure and security, transitioning from hardware-centric sales to a platform-based software and subscription model.

GeographiesAmericas, EMEA, APJC
Customer segmentsEnterprise, Public Sector, Service Providers, Hyperscalers
Business modelHardware Sales, Subscription SaaS, Software Licensing, Professional Services, Financing
SuppliersContract manufacturers, Semiconductor suppliers, Third-party software licensors, Component distributors
CustomersSystems integrators, Two-tier distributors, Managed service providers, Direct enterprise customers
Listed1990
Employees84.9K
CEOCharles H. Robbins
Websitecisco.com
FilingsSEC EDGAR

FAQ

What is Cisco Systems, Inc.'s market cap?
Cisco Systems, Inc. (CSCO) has a market capitalization of $452.96B and trades on NASDAQ.
What is Cisco Systems, Inc.'s revenue and profitability?
Cisco Systems, Inc. generated $63.3B in trailing twelve-month revenue with net income of $13.3B, representing a net margin of 21.0%. Gross margin stands at 64.5%, with free cash flow of $12.8B. The latest reported period is Q4 2026.
Who are Cisco Systems, Inc.'s competitors?
Cisco Systems, Inc.'s key competitors include Arista Networks, Inc., Hewlett Packard Enterprise Company, Zoom Video Communications, Inc., and others. These companies compete in similar markets and product categories.
Who does Cisco Systems, Inc. partner with?
Cisco Systems, Inc.'s notable partners include Amazon Web Services, Microsoft, BlackRock, Inc..
What subsidiaries does Cisco Systems, Inc. have?
Cisco Systems, Inc.'s subsidiaries include Splunk, ThousandEyes, Acacia Communications, and others.
Where is Cisco Systems, Inc. headquartered?
Cisco Systems, Inc. is headquartered in United States of America and employs approximately 84,900 people. It has been publicly traded since 1990.