Cisco Systems, Inc.

CSCO Technology Communication Equipment

Cisco Systems, Inc.’s revenue for fiscal 2026 (year ended July 2026) was $63.3 billion, up 11.8% from fiscal 2025.

Revenue
+17.6%
EPS
+52.2%
Free cash flow
+24.4%
Total debt
−15.3%

Quarter to July 2026, against a year earlier

104.51 4.08 −3.76%
Market cap
$428.1B
P/E
31.2×
Fwd P/E
25.5×
Dividend yield
1.60%
F-score
7/9
Altman Z
4.34
Beneish M
−2.38
Dividend safety
77/100

Cisco Systems, Inc. (CSCO) Gross margin

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Cisco Systems, Inc.'s gross margin over the twelve months to 31 July 2026 was 64.5%. Over the past ten years it has ranged from 60.4% (fiscal 2015) to 64.9% (fiscal 2025); the current reading is higher than 83% of that period. That is above the Communication Equipment industry median of 40.0% and above the Technology sector median of 47.0%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2026 64.5% (0.42)
FY2025 64.9% 0.21
FY2024 64.7% 2.00
FY2023 62.7% 0.18
FY2022 62.6% (1.47)
FY2021 64.0% (0.24)
FY2020 64.3% 1.32
FY2019 62.9% 0.90
FY2018 62.0% (0.92)
FY2017 63.0% 0.09

Quarterly newest first

Period Gross margin Change (points)
Jul 2026 64.1% 0.50
Apr 2026 63.6% (1.34)
Jan 2026 65.0% (0.51)
Oct 2025 65.5% 2.23
43 more quarters

Against its own ten years

Low 60.4% High 64.9%
Ten-year median 63.0%
Current reading's percentile 81

Gross margin against peers

Company Gross margin
CSCO Cisco Systems, Inc. 64.5%
MSI Motorola Solutions, Inc. compare 52.0%
ZBRA Zebra Technologies Corporation compare 49.6%
ERIC Ericsson compare 47.0%
UI Ubiquiti Inc. compare 46.2%
NOK Nokia Corporation compare 44.4%
CIEN Ciena Corporation compare 44.1%
LITE Lumentum Holdings Inc. compare 41.7%
HPE Hewlett Packard Enterprise Company compare 36.7%
Communication Equipment industry median 40.0%
Technology sector median 47.0%
Market median 47.0%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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