COVERAGE / CSCO / Technology

CISCO SYSTEMS, INC.

Computer Communications Equipment

COVERAGE STATUSACTIVE

DATA THROUGH2026-07-25

RESEARCH REPORTS1

SELECTED FILINGS1

Fundamental matrix

Latest / 2026-07-25 · Prior / 2025-07-26 · USD · Annual periods

Revenue

$63.33bn

Prior / $56.65bn

Change / +11.77%

SOURCE / 2026-09-02

Operating income

$15.37bn

Prior / $11.76bn

Change / +30.68%

SOURCE / 2026-09-02

Net income

$13.27bn

Prior / $10.18bn

Change / +30.32%

SOURCE / 2026-09-02

Diluted EPS

$3.33

Prior / $2.55

Change / +30.59%

SOURCE / 2026-09-02

Free cash flow

$12.77bn

Prior / $13.29bn

Change / -3.92%

SOURCE / 2026-09-02

Gross margin

64.52%

Prior / 64.94%

Change / -0.41 pp

SOURCE / 2026-09-02

Operating margin

24.27%

Prior / 20.76%

Change / +3.51 pp

SOURCE / 2026-09-02

Return on avg. equity

27.32%

Prior / 22.06%

Change / +5.26 pp

SOURCE / 2026-09-02

Debt / equity

Not available

Prior / Not available

Change / Unavailable

SOURCE / Not available

ROE uses net income divided by average opening/closing equity. FCF = operating cash flow − selected capital expenditure. Debt/equity is unavailable because a verified interest-bearing-debt series is absent; total liabilities are not substituted for debt.

Inspect source tags, dates and accession numbers

{
  "revenue": {
    "start": "2025-07-27",
    "end": "2026-07-25",
    "val": 63325000000,
    "accn": "0000858877-26-000132",
    "fy": 2026,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-09-02",
    "frame": "CY2026",
    "tag": "us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax",
    "unit": "USD"
  },
  "netIncome": {
    "start": "2025-07-27",
    "end": "2026-07-25",
    "val": 13267000000,
    "accn": "0000858877-26-000132",
    "fy": 2026,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-09-02",
    "frame": "CY2026",
    "tag": "us-gaap:NetIncomeLoss",
    "unit": "USD"
  },
  "grossProfit": {
    "start": "2025-07-27",
    "end": "2026-07-25",
    "val": 40860000000,
    "accn": "0000858877-26-000132",
    "fy": 2026,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-09-02",
    "frame": "CY2026",
    "tag": "us-gaap:GrossProfit",
    "unit": "USD"
  },
  "operatingIncome": {
    "start": "2025-07-27",
    "end": "2026-07-25",
    "val": 15368000000,
    "accn": "0000858877-26-000132",
    "fy": 2026,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-09-02",
    "frame": "CY2026",
    "tag": "us-gaap:OperatingIncomeLoss",
    "unit": "USD"
  },
  "eps": {
    "start": "2025-07-27",
    "end": "2026-07-25",
    "val": 3.33,
    "accn": "0000858877-26-000132",
    "fy": 2026,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-09-02",
    "frame": "CY2026",
    "tag": "us-gaap:EarningsPerShareDiluted",
    "unit": "USD/shares"
  },
  "operatingCashFlow": {
    "start": "2025-07-27",
    "end": "2026-07-25",
    "val": 14177000000,
    "accn": "0000858877-26-000132",
    "fy": 2026,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-09-02",
    "frame": "CY2026",
    "tag": "us-gaap:NetCashProvidedByUsedInOperatingActivities",
    "unit": "USD"
  },
  "capex": {
    "start": "2025-07-27",
    "end": "2026-07-25",
    "val": 1410000000,
    "accn": "0000858877-26-000132",
    "fy": 2026,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-09-02",
    "frame": "CY2026",
    "tag": "us-gaap:PaymentsToAcquirePropertyPlantAndEquipment",
    "unit": "USD"
  },
  "totalAssets": {
    "end": "2026-07-25",
    "val": 129637000000,
    "accn": "0000858877-26-000132",
    "fy": 2026,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-09-02",
    "frame": "CY2026Q2I",
    "tag": "us-gaap:Assets",
    "unit": "USD"
  },
  "totalLiabilities": {
    "end": "2026-07-25",
    "val": 79352000000,
    "accn": "0000858877-26-000132",
    "fy": 2026,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-09-02",
    "frame": "CY2026Q2I",
    "tag": "us-gaap:Liabilities",
    "unit": "USD"
  },
  "shareholdersEquity": {
    "end": "2026-07-25",
    "val": 50285000000,
    "accn": "0000858877-26-000132",
    "fy": 2026,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-09-02",
    "frame": "CY2026Q2I",
    "tag": "us-gaap:StockholdersEquity",
    "unit": "USD"
  },
  "currentAssets": {
    "end": "2026-07-25",
    "val": 38665000000,
    "accn": "0000858877-26-000132",
    "fy": 2026,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-09-02",
    "frame": "CY2026Q2I",
    "tag": "us-gaap:AssetsCurrent",
    "unit": "USD"
  },
  "currentLiabilities": {
    "end": "2026-07-25",
    "val": 41525000000,
    "accn": "0000858877-26-000132",
    "fy": 2026,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-09-02",
    "frame": "CY2026Q2I",
    "tag": "us-gaap:LiabilitiesCurrent",
    "unit": "USD"
  }
}

Financial trend system

Annual financial trends are summarized in the accessible table below.

Annual figures / accessible table

Period end	Revenue	Net income	Free cash flow	EPS
2026-07-25	$63.33bn	$13.27bn	$12.77bn	$3.33
2025-07-26	$56.65bn	$10.18bn	$13.29bn	$2.55
2024-07-27	$53.8bn	$10.32bn	$10.21bn	$2.54
2023-07-29	$57bn	$12.61bn	$19.04bn	$3.07

Valuation context

Historical snapshot / 2026-09-17. Annual accounting period / 2026-07-25. Not current, TTM or forward valuation.

Dated ratios / eligible same-method sector sample
Measure	Snapshot value	Historical median	Sector median	Peer count
P/E	33.11x	Unavailable	47.78x	16
P/S	6.86x	Unavailable	12.58x	14
P/B	8.64x	Unavailable	14.12x	13
EV / EBITDA	Unavailable	Unavailable	Unavailable	0
FCF yield	2.94%	Unavailable	1.72%	11

Annual denominators, not TTM or forward. Capitalization-based measures use estimated market capitalization from the dated quote snapshot. ADR/share-basis uncertainty is excluded. No comparable historical-multiple series or EV/EBITDA is available. Sector samples are equal-weight medians of this publication’s eligible covered companies; fiscal periods differ. No fair value or price target is implied.

Source: Yahoo Finance completed daily-bar snapshot; not live; market cap estimated using SEC shares at 2026-08-27 DAILY-BAR SOURCE ↗

Retained price snapshot and capitalization estimate

{
  "currentPrice": 110.24,
  "tradingDate": "2026-09-17",
  "marketCap": 434630776879.52,
  "source": "Yahoo Finance completed daily-bar snapshot; not live; market cap estimated using SEC shares at 2026-08-27"
}

Company & operating context

CISCO SYSTEMS, INC. is an SEC-reporting issuer listed on NASDAQ under CSCO. Its SEC industry description is Computer Communications Equipment. This profile organizes annual financial disclosures for research; sector labels are editorial groupings, not GICS classifications.

Product cycles, recurring software revenue and infrastructure investment shape this broad group. Hardware and software businesses have different cost structures.

Segment-level revenue is not included in this standardized dataset. Consult the business and segment notes in the linked annual filing for the issuer’s actual reporting segments.

Filing timeline

10-KFILED / 2026-09-02PERIOD / 2026-07-25

CSCO filed this 10-K on 2026-09-02 for the reported period 2026-07-25. Reading focus: Revenue mix, research spending, inventory and cash conversion. This is a metadata-based reading guide; it does not assert that a particular event or risk change occurred in the document.

ORIGINAL SEC DISCLOSURE ↗

Research archive

HR-0046CSCOCompany Research

CSCO: reading the FY2026 financial structure ↗

CISCO SYSTEMS, INC.

Research abstract

Annual revenue of USD 63.325 billion and net income of USD 13.267 billion for the period ended 2026-07-25.

DATA THROUGH2026-07-252 MIN READPUBLISHED 2026-09-26

Sector context & risk factors

Customer concentration, product transitions, export restrictions and the durability of capital spending.

Revenue mix, research spending, inventory and cash conversion.

TECHNOLOGY SYSTEM ↗

Sources & dates

SEC annual filing · 2026-07-25 ↗Source date 2026-09-02
SEC annual filing · 2025-07-26 ↗Source date 2026-09-02
SEC annual filing · 2024-07-27 ↗Source date 2026-09-02
SEC annual filing · 2023-07-29 ↗Source date 2025-09-03
SEC issuer record ↗Source date 2026-09-18