Cisco Systems, Inc. CSCO

106.70 (0.27) (0.25%) as of 25 Sep
Market cap
$422.0B
P/E
31.8×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Cisco Systems, Inc. (CSCO) Gross margin

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 39.5% and above the Technology sector median of 47.2%.

Gross margin, annual

Annual

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

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 83

Gross margin against peers

Company Gross margin
CSCO Cisco Systems, Inc. 64.5%
MSI Motorola Solutions, Inc. compare 52.0%
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%
ASTS AST SpaceMobile, Inc. compare 38.9%
HPE Hewlett Packard Enterprise Company compare 36.7%
Communication Equipment industry median 39.5%
Technology sector median 47.2%
Market median 46.3%

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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