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Nasdaq · Technology

CISCO SYSTEMS, INC. (CSCO)

As-reported financials and SEC filings for CISCO SYSTEMS, INC. The latest annual period is FY2026. The latest reported quarter is Q4 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About CISCO SYSTEMS, INC.

Cisco Systems, Inc. designs and sells technologies that support internet connectivity, security, collaboration, and data observability. Its main products include networking hardware and software such as switches and routers, security solutions, and collaboration tools, serving businesses, public institutions, governments, and service providers worldwide. Cisco also offers technical support and advanced services throughout the lifecycle of its products.

Snapshot

Revenue
$63.33B
Revenue growth (YoY)
11.8%
Net income
$13.27B
Diluted EPS
$3.33
Gross margin
64.5%
Operating margin
24.3%
Net margin
21.0%
FCF margin
20.2%
ROE
26.4%
net income / fiscal-year-end equity
P/E
32.8×
trailing when available, otherwise FY EPS
Market cap
$430.53B
Long-term debt / equity
0.39×
non-current term debt only

Fundamentals are from SEC filings for FY2026, the latest annual period (ended July 25, 2026). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Cisco Systems

  • Revenue grew 11.8% to $63.3B in FY2026, faster than the 5.3% the year before.
  • Operating margin is 24.3% in FY2026, -2.8 pp against 27.1% in FY2022.
  • Most recent quarter Q4 FY2026: revenue $17.3B, up 17.6% from Q4 FY2025.
  • Free cash flow was $12.8B in FY2026, 20.2% of revenue.
  • Net income rose 30.3% to $13.3B in FY2026.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Cisco Systems’s fundamentals sit among the 625 Technology companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin64.5%
67th percentile of 509
Operating margin24.3%
88th percentile of 563
Net margin21.0%
87th percentile of 577
FCF margin20.2%
73rd percentile of 544
Revenue growth (YoY)+11.8%
55th percentile of 616
ROE26.4%
86th percentile of 540
P/E32.8×
55th percentile of 330
Long-term debt / equity0.39×
53rd percentile of 278
Short interest2.32d
34th percentile of 619

Cisco Systems’s operating margin of 24.3% ranks in the 88th percentile of the 563 Technology companies reporting it. Cisco Systems’s net margin of 21.0% ranks in the 87th percentile of the 577 Technology companies reporting it. Cisco Systems’s return on equity of 26.4% ranks in the 86th percentile of the 540 Technology companies reporting it.

No reported insider purchases (code P) in the last 90 days; 29 insider sales totaling $7.5M. For context, about 14% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 4 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
4
+6 quant / multi-strat
Initiated / added
5
2 new, 3 added
Reduced / exited
6
4 trimmed, 2 exited
Combined position
$1.50B
reported long value
InvestorAs ofPosition valueSharesChange
D. E. ShawquantQ2 2026$480.7M4.1MAdded
AQR Capital ManagementquantQ2 2026$412.5M3.5MReduced
Citadel AdvisorsquantQ2 2026$340.9M2.9MAdded
Millennium ManagementquantQ2 2026$92.8M789.9KReduced
Gotham Asset ManagementQ2 2026$79.7M678.2KReduced
Markel GroupQ2 2026$41.8M355.5KHeld
Two Sigma InvestmentsquantQ2 2026$23.8M202.9KAdded
Point72 Asset ManagementquantQ2 2026$15.0M127.8KNew
Dodge & CoxQ2 2026$10.4M88.4KReduced
Maverick CapitalQ2 2026$1.4M11.7KNew

No longer held by: Bridgewater Associates (as of Q2 2026), Yacktman Asset Management (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
29
$7.5M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-19
filed 2026-08-20
Subaiya Thimaya K.EVP, OperationsSell3.6K$111.75$403K
2026-08-19
filed 2026-08-20
Subaiya Thimaya K.EVP, OperationsSell2.2K$111.00$247K
2026-08-14
filed 2026-08-17
Robbins CharlesChair and CEOSell14.8K$111.56$1.7M
2026-08-14
filed 2026-08-17
Patel Jeetendra IPresident and CPOSell4.9K$111.58$543K
2026-08-14
filed 2026-08-17
Stahlkopf Deborah LEVP and Chief Legal OfficerSell4.5K$111.60$501K
2026-08-14
filed 2026-08-17
Patterson MarkEVP and CFOSell3.8K$111.60$423K
2026-08-14
filed 2026-08-17
Robbins CharlesChair and CEOSell3.8K$110.59$420K
2026-08-14
filed 2026-08-17
Tuszik OliverEVP, Global SalesSell2.8K$112.46$310K
2026-08-14
filed 2026-08-17
Robbins CharlesChair and CEOSell2.7K$112.50$304K
2026-08-14
filed 2026-08-17
Stahlkopf Deborah LEVP and Chief Legal OfficerSell1.3K$110.68$144K
2026-08-14
filed 2026-08-17
Patel Jeetendra IPresident and CPOSell1.3K$110.64$144K
2026-08-14
filed 2026-08-17
Patel Jeetendra IPresident and CPOSell900$112.61$101K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
58.9M
settled 2026-08-14
Change vs prior
-10.9%
vs previous settlement
Days to cover
2.32
at avg daily volume
Avg daily volume
25.4M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-1458.9M-10.9%2.32
2026-07-3166.2M+2.1%3.28
2026-07-1564.8M+20.5%2.92
2026-06-3053.8M-12.9%1.90
2026-06-1561.8M-0.3%2.55
2026-05-2961.9M+5.1%2.35
2026-05-1559.0M-4.0%2.01
2026-04-3061.4M+5.8%3.51

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2026FY2025FY2024FY2023FY2022
Revenue$63.33B$56.65B$53.80B$57.00B$51.56B
Gross profit$40.86B$36.79B$34.83B$35.75B$32.25B
Operating income$15.37B$11.76B$12.18B$15.03B$13.97B
Net income$13.27B$10.18B$10.32B$12.61B$11.81B
Diluted EPS$3.33$2.55$2.54$3.07$2.82

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2026FY2025FY2024FY2023FY2022
Operating cash flow$14.18B$14.19B$10.88B$19.89B$13.23B
Capital expenditure$1.41B$905.0M$670.0M$849.0M$477.0M
Free cash flow$12.77B$13.29B$10.21B$19.04B$12.75B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q4 FY2026$17.25B17.6%$3.86B$0.97
Q3 FY2026$15.84B12.0%$3.37B$0.85
Q2 FY2026$15.35B9.7%$3.17B$0.80
Q1 FY2026$14.88B7.5%$2.86B$0.72
Q4 FY2025$14.67B7.6%$2.55B$0.64
Q3 FY2025$14.15B11.4%$2.49B$0.62
Q2 FY2025$13.99B9.4%$2.43B$0.61
Q1 FY2025$13.84B-5.6%$2.71B$0.68

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorTechnology
SIC industryComputer Communications Equipment
Latest annual periodFY2026 (ended July 25, 2026)
Latest reported quarterQ4 FY2026 (ended July 25, 2026)
Oldest indexed filing2020
SEC CIK858877

Selected SEC filings

10-K2026-09-02
View on EDGAR →
10-K2025-09-03
View on EDGAR →
10-Q2026-05-19
View on EDGAR →
10-Q2026-02-17
View on EDGAR →
10-Q2025-11-18
View on EDGAR →
10-Q2025-05-20
View on EDGAR →
8-K2026-08-12
View on EDGAR →
8-K2026-05-13
View on EDGAR →

Largest Technology peers

All Technology companies →

CSCO head to head

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.