Sunday 1 November 2026 Export CSCO’s income statement to Excel — free account

Cisco Systems, Inc.

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%

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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

Overview Business Profile Earnings & Analysis Segments Filings

Cisco Systems, Inc. (CSCO) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2026: revenue by segment, and margins
Americas	37,799	59.69%
EMEA	16,613	26.23%
APJC	8,914	14.08%
Gross margin		64.52%
Operating margin		24.27%
Pre-tax margin		25.28%

Revenue by product or service $m

Line	FY2026	FY2021	FY2020	FY2019	FY2018	FY2017	FY2013	FY2012	FY2009
Subscription	31,977 50.50%	—	—	—	—	—	—	—	—
Subscription, Product	18,314 28.92%	—	—	—	—	—	—	—	—
Subscription, Service	13,663 21.58%	—	—	—	—	—	—	—	—
Secure, Agile Networks	—	22,725 45.62%	23,265 47.19%	—	—	—	—	—	—
Internet for the Future	—	4,511 9.05%	4,180 8.48%	—	—	—	—	—	—
Optimized Application Experiences	—	654 1.31%	524 1.06%	—	—	—	—	—	—
Other Products	—	15 0.03%	28 0.06%	196 0.38%	999 2.03%	1,168 2.43%	559 1.15%	898 1.95%	—
Infrastructure Platforms	—	—	—	30,184 58.15%	28,286 57.34%	27,817 57.95%	—	—	—
Applications	—	—	—	5,803 11.18%	5,036 10.21%	4,568 9.52%	8,168 16.80%	8,395 18.23%	—
Switching	—	—	—	—	—	—	14,711 30.27%	14,634 31.77%	—
Service Provider Video	—	—	—	—	—	—	4,057 8.35%	3,869 8.40%	—
Wireless	—	—	—	—	—	—	2,257 4.64%	1,697 3.68%	—
Data Center	—	—	—	—	—	—	2,074 4.27%	1,298 2.82%	—
Switches	—	—	—	—	—	—	—	—	11,923 33.01%
New Products	—	—	—	—	—	—	—	—	9,859 27.30%
Routers	—	—	—	—	—	—	—	—	6,521 18.06%
Other [Member] (Deprecated 2012-01-31)	—	—	—	—	—	—	—	—	828 2.29%
Also reported: a second breakdown of the same revenue
Networking	34,668 54.75%	—	—	—	—	—	—	—	—
Services	15,030 23.73%	13,804 27.71%	13,323 27.02%	12,899 24.85%	12,621 25.58%	12,300 25.62%	10,578 21.76%	9,735 21.14%	6,986 19.34%
Security	8,232 13.00%	3,382 6.79%	3,158 6.41%	2,822 5.44%	2,388 4.84%	2,152 4.48%	1,348 2.77%	1,341 2.91%	—
Collaboration	4,300 6.79%	4,727 9.49%	4,823 9.78%	—	—	—	4,855 9.99%	4,194 9.11%	—
Observability	1,095 1.73%	—	—	—	—	—	—	—	—
Product	48,295	36,014	35,978	39,005	36,709	35,705	38,029	36,326	29,131
Revenue	63,325	49,818	49,301	51,904	49,330	48,005	48,607	46,061	36,117

Gross profit by product or service $m, and margin

	FY2026	FY2021	FY2020	FY2019	FY2018	FY2017	FY2013	FY2012	FY2009
Product	‡	‡	‡	‡	‡	‡	‡	‡	‡
Services	‡	‡	‡	‡	‡	‡	‡	‡	‡
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Revenue by segment $m

Line	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012
Americas	37,799 59.69%	33,656 59.41%	31,971 59.42%	33,447 58.68%	29,814 57.83%	29,161 58.54%	29,291 59.41%	30,927 59.59%	29,070 58.93%	28,351 59.06%	29,392 59.68%	29,626 60.26%	27,781 58.93%	28,639 58.92%	26,501 57.53%
EMEA	16,613 26.23%	14,824 26.17%	14,117 26.24%	15,135 26.55%	13,715 26.60%	12,951 26.00%	12,659 25.68%	13,100 25.24%	12,425 25.19%	12,004 25.01%	12,302 24.98%	12,348 25.12%	12,006 25.47%	12,210 25.12%	12,075 26.22%
APJC	8,914 14.08%	8,174 14.43%	7,716 14.34%	8,417 14.77%	8,027 15.57%	7,706 15.47%	7,352 14.91%	7,877 15.18%	7,834 15.88%	7,650 15.94%	7,553 15.34%	7,187 14.62%	7,355 15.60%	7,758 15.96%	7,485 16.25%
Revenue	63,325	56,654	53,803	56,998	51,557	49,818	49,301	51,904	49,330	48,005	49,247	49,161	47,142	48,607	46,061

Gross profit by segment $m, and margin

	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012
Americas	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
EMEA	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
APJC	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Gross profit	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
AI Infrastructure orders	Q4 FY2026	$4.0B	$800.0M	+400.00%
Long-term product RPO	Q3 FY2026	$11.7B	—	—
Product order growth	Q4 FY2026	35.0%	7.00%	—
Remaining performance obligations	Q4 FY2026	$46.7B	$43.5B	+7.35%
Services RPO	Q4 FY2026	$23.3B	$22.0B	+6.09%

	Q4 FY2026	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q1 FY2024	Q4 FY2023	Q3 FY2023	Q2 FY2023	Q1 FY2023	Q4 FY2022	Q3 FY2022	Q2 FY2022	Q1 FY2022	Q4 FY2021	Q3 FY2021	Q2 FY2021	Q1 FY2021	Q4 FY2020	Q3 FY2020	Q2 FY2020	Q1 FY2020	Q4 FY2019	Q3 FY2019	Q2 FY2019	Q1 FY2019
AI Infrastructure orders	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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Services RPO	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.