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Cisco Systems, Inc. CSCO Security — Revenue

Other product segments

Networking
$7.63B
Services
$3.72B-1.4%
Subscription Revenue, Service
$3.36B-2.2%
Collaboration
$1.02B-0.7%
Observability
$259M

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FSLYSecurity — Revenue
$41.72M+42.6%
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FBINSecurity — Revenue
$184.4M+3.8%

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 security — revenue?
Cisco Systems, Inc. (CSCO) reported security — revenue of $2.01B in Q1 2026.
How has Cisco Systems, Inc.'s security — revenue changed year-over-year?
Cisco Systems, Inc.'s security — revenue decreased by 0.2% year-over-year, from $2.01B to $2.01B.
What is the long-term trend for Cisco Systems, Inc.'s security — revenue?
Over 3 years (2021 to 2025), Cisco Systems, Inc.'s security — revenue has grown at a 33.8% compound annual growth rate (CAGR), from $3.38B to $8.09B.
What does security — revenue mean?
This metric represents the total revenue generated from the sale of cybersecurity software, hardware, and related subscription services. It reflects the company's ability to monetize its security portfolio, including firewalls, threat detection, and identity management solutions. This segment is a critical indicator of the company's transition toward a recurring revenue model and its competitive positioning in the enterprise security market.

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