Skip to content

Cisco Systems, Inc. CSCO Q3 2024 earnings

Reported May 15, 2024 · After market close

Revenue estimate$12.5B
EPS estimate$0.83

Next report

Aug 12, 2026 (in a month)
Revenue estimate$16.8B
EPS estimate$1.17

Financials

Q3 2024

Income statement

See full
Revenue$12.7B-12.8%
Gross profit$8.3B-10.4%
Operating income$2.2B-44.5%
Net income$1.9B-41.3%
EPS (diluted)$0.46-41.0%

Balance sheet

See full
Cash & equivalents$8.9B+10.8%
Total debt$33.2B+251%
Total equity$45.8B+8.2%
Total assets$123.00B+26.1%

Cash flow

See full
Operating cash flow$4.0B-23.9%
CapEx$168.0M-37.8%
Free cash flow$3.8B-23.2%

Valuation & ratios

Valuation

as of 04/27/24
See full
Market cap$190.23B-1.7%
Enterprise value$214.52B+10.0%
P/E15.7×-1.2×
P/S3.4×-0.1×

Profitability

See full
Gross margin64.7%+2.7pp
Operating margin25%-0.9pp
Net margin21.9%+1.0pp
FCF margin22.4%-8.3pp

Returns & leverage

See full
Return on equity27.5%-0.2pp
Debt / equity0.7×+0.5×
Current ratio0.9×-0.5×

Segments

By segment

See full
Americas$7.4B-14.6%
EMEA$3.5B-9.1%
APJC$1.9B-12.1%

By product

See full
Services$3.7B+5.7%
Subscription Revenue, Service$3.3B
Collaboration$987.0M+0.2%

By geography

See full
United States$22.4B+191%

Versus estimates

Ask the moment Cisco Systems, Inc. reports.

Connect your AI and ask the moment the filing drops. It reads the release, surfaces what management said, and gives you its own read.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

When did Cisco Systems, Inc. report Q3 2024 earnings?
Cisco Systems, Inc. (CSCO) reported Q3 2024 earnings on May 15, 2024 after market close.
What were Cisco Systems, Inc.'s Q3 2024 revenue and EPS?
Cisco Systems, Inc. reported revenue of $12.7B and diluted EPS of $0.88 for Q3 2024.
Did Cisco Systems, Inc. beat estimates in Q3 2024?
Revenue beat the consensus estimate of $12.5B by $167.6M. EPS beat the consensus estimate of $0.83 by $0.05.
Where can I find Cisco Systems, Inc.'s Q3 2024 SEC filings?
You can read the 10-Q periodic report (0000858877-24-000007) directly on SEC EDGAR. The filing index links above go to sec.gov.