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Cisco Systems, Inc. CSCO Services — Total cost of sales

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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:CostOfGoodsAndServicesSold.

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
Total revenue15,84114,14946,07341,981
COST OF SALES:
Product4,6133,68812,75210,927
Services1,1481,1833,5243,544
Total cost of sales5,7614,87116,27614,471
GROSS MARGIN10,0809,27829,79727,510
OPERATING EXPENSES:
Research and development2,3772,3357,1326,920

Item 1. Financial Statements (Unaudited)

FAQ

What is Cisco Systems, Inc.'s services — total cost of sales?
Cisco Systems, Inc. (CSCO) reported services — total cost of sales of $1.15B in Q1 2026.
How has Cisco Systems, Inc.'s services — total cost of sales changed year-over-year?
Cisco Systems, Inc.'s services — total cost of sales decreased by 3.0% year-over-year, from $1.18B to $1.15B.
What is the long-term trend for Cisco Systems, Inc.'s services — total cost of sales?
Over 4 years (2021 to 2025), Cisco Systems, Inc.'s services — total cost of sales has grown at a 0.6% compound annual growth rate (CAGR), from $4.62B to $4.74B.
What does services — total cost of sales mean?
This metric captures the direct costs associated with delivering service offerings, including personnel costs for support staff, third-party service provider fees, and infrastructure costs. It is used to evaluate the operational efficiency and profitability margins of the services division. Monitoring this helps assess the scalability of the service delivery model.

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