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) Operating margin

Cisco Systems, Inc.'s operating margin over the twelve months to 31 July 2026 was 24.3%. Over the past ten years it has ranged from 20.8% (fiscal 2025) to 27.6% (fiscal 2020); the current reading is higher than 33% of that period. That is above the Communication Equipment industry median of 2.39% and above the Technology sector median of 0.08%.

Operating margin, annual

Annual

Period Operating margin Change (points)
FY2026 24.3% 3.51
FY2025 20.8% (1.88)
FY2024 22.6% (3.73)
FY2023 26.4% (0.72)
FY2022 27.1% 1.33
FY2021 25.8% (1.87)
FY2020 27.6% 0.24
FY2019 27.4% 2.44
FY2018 25.0% 0.01
FY2017 24.9% (0.77)

Quarterly

Period Operating margin Change (points)
Jul 2026 24.7% (0.28)
Apr 2026 25.0% 0.37
Jan 2026 24.6% 2.03
Oct 2025 22.6% 1.56
43 more quarters

Against its own ten years

Low 20.8% High 27.6%
Ten-year median 25.3%
Current reading's percentile 33

Operating margin against peers

Company Operating margin
UI Ubiquiti Inc. compare 36.2%
MSI Motorola Solutions, Inc. compare 24.9%
CSCO Cisco Systems, Inc. 24.3%
LITE Lumentum Holdings Inc. compare 17.4%
ERIC Ericsson compare 14.5%
CIEN Ciena Corporation compare 12.3%
HPE Hewlett Packard Enterprise Company compare 6.21%
NOK Nokia Corporation compare 4.14%
ASTS AST SpaceMobile, Inc. compare −519.5%
Communication Equipment industry median 2.39%
Technology sector median 0.08%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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