Cisco Systems Income Statement

Financials in millions USD. Fiscal year is August - July.

Millions USD. Fiscal year is Aug - Jul.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan '26 Jan 24, 2026	Jul '25 Jul 26, 2025	Jul '24 Jul 27, 2024	Jul '23 Jul 29, 2023	Jul '22 Jul 30, 2022	Jul '21 Jul 31, 2021
Revenue	59,054	56,654	53,803	56,998	51,557	49,818
Revenue Growth (YoY)	9.00%	5.30%	-5.61%	10.55%	3.49%	1.05%
Cost of Revenue	20,801	19,864	18,975	21,245	19,309	17,924
Gross Profit	38,253	36,790	34,828	35,753	32,248	31,894
Selling, General & Admin	14,148	13,946	13,073	12,332	11,137	11,365
Research & Development	9,470	9,300	7,983	7,551	6,774	6,549
Amortization of Goodwill & Intangibles	960	1,028	698	282	313	215
Operating Expenses	24,578	24,274	21,754	20,165	18,224	18,129
Operating Income	13,675	12,516	13,074	15,588	14,024	13,765
Interest Expense	-1,491	-1,593	-1,006	-427	-360	-434
Interest & Investment Income	909	1,001	1,365	962	476	618
Currency Exchange Gain (Loss)	102	102	-162	1	-237	2
Other Non Operating Income (Expenses)	-217	-252	20	-85	163	-102
EBT Excluding Unusual Items	12,978	11,774	13,291	16,039	14,066	13,849
Merger & Restructuring Charges	-756	-756	-893	-557	-55	-932
Gain (Loss) on Sale of Investments	247	82	-164	-164	466	345
Other Unusual Items	514	-	-	-	-	-
Pretax Income	12,983	11,100	12,234	15,318	14,477	13,262
Income Tax Expense	1,907	920	1,914	2,705	2,665	2,671
Net Income	11,076	10,180	10,320	12,613	11,812	10,591
Net Income to Common	11,076	10,180	10,320	12,613	11,812	10,591
Net Income Growth	20.56%	-1.36%	-18.18%	6.78%	11.53%	-5.56%
Shares Outstanding (Basic)	3,961	3,976	4,043	4,093	4,170	4,222
Shares Outstanding (Diluted)	3,988	3,998	4,062	4,105	4,192	4,236
Shares Change (YoY)	-0.97%	-1.58%	-1.05%	-2.08%	-1.04%	-0.42%
EPS (Basic)	2.80	2.56	2.55	3.08	2.83	2.51
EPS (Diluted)	2.78	2.55	2.54	3.07	2.82	2.50
EPS Growth	22.12%	0.39%	-17.26%	8.87%	12.80%	-5.30%
Free Cash Flow	12,241	13,288	10,210	19,037	12,749	14,762
Free Cash Flow Per Share	3.07	3.32	2.51	4.64	3.04	3.48
Dividend Per Share	1.640	1.620	1.580	1.540	1.500	1.460
Dividend Growth	2.50%	2.53%	2.60%	2.67%	2.74%	2.82%
Gross Margin	64.78%	64.94%	64.73%	62.73%	62.55%	64.02%
Operating Margin	23.16%	22.09%	24.30%	27.35%	27.20%	27.63%
Profit Margin	18.76%	17.97%	19.18%	22.13%	22.91%	21.26%
Free Cash Flow Margin	20.73%	23.46%	18.98%	33.40%	24.73%	29.63%
EBITDA	16,252	15,378	15,282	17,219	15,901	15,496
EBITDA Margin	27.52%	27.14%	28.40%	30.21%	30.84%	31.11%
D&A For EBITDA	2,577	2,862	2,208	1,631	1,877	1,731
EBIT	13,675	12,516	13,074	15,588	14,024	13,765
EBIT Margin	23.16%	22.09%	24.30%	27.35%	27.20%	27.63%
Effective Tax Rate	14.69%	8.29%	15.65%	17.66%	18.41%	20.14%
Revenue as Reported	59,054	56,654	53,803	56,998	51,557	49,818
Advertising Expenses	-	186	210	205	219	268

Updated Jan 24, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.