What are Cisco Systems, Inc.'s profit margins?

Cisco Systems, Inc. (CSCO) runs a 64.3% gross margin and a 23.4% operating margin, with a 19.7% net margin.

Where do Cisco Systems, Inc.'s ratios come from?

Every ratio is computed from Cisco Systems, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Cisco Systems, Inc. CSCO Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q3 '26	Q2 '26	Q1 '26	Q4 '25	Q3 '25
Profitability
Gross margin	64.3%-0.9pp	64.8%-0.3pp	64.8%-0.1pp	64.9%+0.2pp	65.2%+0.6pp
Operating margin	23.4%+3.1pp	22.7%+3.8pp	22.1%+2.8pp	20.8%-1.9pp	20.3%-4.7pp
Net margin	19.7%+2.1pp	18.8%+1.8pp	17.9%+0.2pp	18%-1.2pp	17.6%-4.3pp
EBITDA margin	27.5%+1.8pp	27%+2.1pp	26.7%+1.8pp	25.7%-1.6pp	25.7%-3.1pp
Free cash flow margin	19.4%-3.6pp	20.7%-2.9pp	22.1%+0.5pp	23.5%+4.5pp	23%+0.6pp
Returns
Return on equity	25.2%+3.9pp	23.8%+3.7pp	22.4%+1.7pp	22.1%-0.9pp	21.4%-6.2pp
Return on assets	9.7%+1.7pp	9.1%+0.8pp	8.5%0.0pp	8.3%-0.9pp	8.1%-2.9pp
Return on invested capital	16.8%+1.6pp	16.2%-0.6pp	15.7%-1.2pp	15.6%-2.5pp	15.2%-5.4pp
Efficiency
Asset turnover	0.5×0.0×	0.5×0.0×	0.5×0.0×	0.5×0.0×	0.5×0.0×
Inventory turnover	5.7×-0.8×	6.1×-0.1×	6.2×+0.5×	6.1×+0.7×	6.5×+0.6×
Liquidity
Current ratio	0.9×0.0×	1×+0.1×	0.9×0.0×	1×+0.1×	1×+0.1×
Quick ratio	0.8×-0.1×	0.8×+0.1×	0.8×0.0×	0.9×+0.1×	0.9×+0.1×
Cash ratio	0.2×-0.1×	0.2×0.0×	0.2×0.0×	0.2×+0.1×	0.2×0.0×
Leverage
Debt-to-equity	0.7×0.0×	0.7×0.0×	0.6×-0.1×	0.6×-0.1×	0.7×-0.1×
Debt-to-assets	0.3×0.0×	0.3×0.0×	0.2×0.0×	0.2×0.0×	0.3×0.0×
Net debt / EBITDA	1.5×0.0×	1.5×-0.2×	1.4×-0.5×	1.5×-0.2×	1.6×+0.1×
Interest coverage	9.7×+2.8×	9×+2.6×	8.4×+0.6×	7.4×-4.7×	6.9×-12.9×
Per Share
Book value per share	$12.27+6.9%	$11.98+5.4%	$11.74+4.0%	$11.72+4.7%	$11.48+1.8%
Valuation
Market capitalization	$361.42B+61.4%	$309.45B+28.2%	$288.11B+32.0%	$269.6B+38.1%	$223.94B+17.7%
Enterprise value	$387.33B+57.1%	$333.73B+25.8%	$309.34B+27.5%	$290.89B+32.3%	$246.52B+14.9%
Price / earnings	30.2×+7.4×	27.9×+1.7×	27.9×+4.7×	26.5×+7.6×	22.9×+7.2×
Price / sales	5.9×+1.9×	5.2×+0.8×	5×+0.9×	4.8×+1.1×	4×+0.6×
Price / book	7.4×+2.5×	6.5×+1.2×	6.1×+1.3×	5.8×+1.5×	4.9×+0.7×
EV / EBITDA	23.2×+5.9×	20.9×+1.3×	20.1×+1.7×	20×+5.0×	17.3×+3.8×
EV / sales	6.4×+1.9×	5.7×+0.8×	5.4×+0.8×	5.1×+1.0×	4.4×+0.6×
Free cash flow yield	3.3%-2.5pp	4%-1.4pp	4.4%-0.8pp	4.9%-0.3pp	5.7%-0.8pp
Earnings yield	3.3%-1.1pp	3.6%-0.2pp	3.6%-0.7pp	3.8%-1.5pp	4.4%-2.0pp
Dividend yield	1.8%-1.1pp	2.1%-0.6pp	2.2%-0.7pp	2.4%-0.9pp	2.9%-0.5pp
PEG ratio	1.4×—	1.4×—	2.8×—	——	——

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Ask your AI about Cisco Systems, Inc..

Connect your AI assistant and get a quick read on the numbers, right in your chat.

Connect your AI

Claude

Questions, answered.

What are Cisco Systems, Inc.'s profit margins?: Cisco Systems, Inc. (CSCO) runs a 64.3% gross margin and a 23.4% operating margin, with a 19.7% net margin.
Where do Cisco Systems, Inc.'s ratios come from?: Every ratio is computed from Cisco Systems, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.