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Cisco Systems, Inc. CSCO APJC — Gross margin

Other segment segments

Americas
$6.1B+7.5%
EMEA
$2.89B+8.8%

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Other financials

Income statement

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Revenue$15.8B+12.0%
Gross profit$10.1B+8.6%
Operating income$4.0B+23.7%
Net income$3.4B+35.4%
EPS (diluted)$0.85+37.1%

Balance sheet

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Cash & equivalents$7.1B-13.2%
Total debt$33.0B+7.3%
Total equity$48.9B+6.4%
Total assets$125.55B+4.8%

Cash flow

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Operating cash flow$3.8B-7.4%
CapEx$414.0M+58.6%
Free cash flow$3.3B-11.9%

Valuation

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Market cap$470.02B+73.0%
Enterprise value$495.93B+68.6%
P/E39.3×+11.6×
P/S7.7×+2.9×

Profitability

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Gross margin64.3%-0.9pp
Operating margin23.4%+3.1pp
Net margin19.7%+2.1pp
FCF margin19.4%-3.6pp

Returns & leverage

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Return on equity25.2%+3.9pp
Debt / equity0.7×0.0×
Current ratio0.9×0.0×

Where this comes from

Reported directly by Cisco Systems, Inc. in its filing.

Tagged under the XBRL concept us-gaap:GrossProfit.

The official record: Cisco Systems, Inc.’s 10-Q, filed May 19, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cisco Systems, Inc.'s APJC — gross margin?
Cisco Systems, Inc. (CSCO) reported APJC — gross margin of $1.47B in Q1 2026.
How has Cisco Systems, Inc.'s APJC — gross margin changed year-over-year?
Cisco Systems, Inc.'s APJC — gross margin increased by 7.2% year-over-year, from $1.37B to $1.47B.
What is the long-term trend for Cisco Systems, Inc.'s APJC — gross margin?
Over 4 years (2021 to 2025), Cisco Systems, Inc.'s APJC — gross margin has grown at a 2.3% compound annual growth rate (CAGR), from $4.95B to $5.43B.
What does APJC — gross margin mean?
Represents the percentage of revenue remaining in the APJC segment after deducting the direct costs associated with producing and delivering the networking products and services. It measures the profitability of the regional sales mix, accounting for regional pricing strategies and supply chain costs. High margins indicate strong pricing power or efficient regional cost management.