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Cisco Systems, Inc. CSCO Observability — Revenue

Other product segments

Networking
$7.63B
Services
$3.72B-1.4%
Subscription Revenue, Service
$3.36B-2.2%
Security
$1.95B
Collaboration
$1.02B-0.7%

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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$478.88B+74.7%
Enterprise value$504.8B+70.9%
P/E40.1×+13.1×
P/S7.9×+3.0×

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:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Cisco Systems, Inc.’s 10-Q, filed May 19, 2026.

Filed
May 19, 2026, 4:36 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0000858877-26-000078
Line itemThree Months Ended / April 25, 2026Three Months Ended / April 26, 2025Nine Months Ended / April 25, 2026Nine Months Ended / April 26, 2025
Product revenue:
Networking$8,815$7,068$24,877$20,671
Security2,0082,0136,0066,142
Collaboration1,0241,0313,1333,112
Observability269261820796
Total Product12,11710,37434,83630,722
Services3,7243,77511,23711,259
Total revenue$15,841$14,149$46,073$41,981

Item 1. Financial Statements (Unaudited)

FAQ

What is Cisco Systems, Inc.'s observability — revenue?
Cisco Systems, Inc. (CSCO) reported observability — revenue of $269M in Q1 2026.
How has Cisco Systems, Inc.'s observability — revenue changed year-over-year?
Cisco Systems, Inc.'s observability — revenue increased by 3.1% year-over-year, from $261M to $269M.
What is the long-term trend for Cisco Systems, Inc.'s observability — revenue?
Over 2 years (2023 to 2025), Cisco Systems, Inc.'s observability — revenue has grown at a 26.3% compound annual growth rate (CAGR), from $661M to $1.06B.
What does observability — revenue mean?
This metric represents the total revenue generated from the company's observability software portfolio, which provides real-time insights into application performance and infrastructure health. It captures income derived from tools that monitor, analyze, and troubleshoot complex digital environments to ensure operational reliability. This segment is a key component of the company's software-as-a-service and subscription-based business model.

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