Cisco Systems, Inc. (NEO: CSCO)

Cisco Systems Income Statement

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

Fiscal Year	TTM	2024	2023	2022	2021	2020
Period Ending	Jul 27, 2024	Jul 27, 2024	Jul 29, 2023	Jul 30, 2022	Jul 31, 2021	Jul 25, 2020
Revenue	53,803	53,803	56,998	51,557	49,818	49,301
Revenue Growth (YoY)	-5.61%	-5.61%	10.55%	3.49%	1.05%	-5.02%
Cost of Revenue	18,941	18,941	21,245	19,309	17,924	17,618
Gross Profit	34,862	34,862	35,753	32,248	31,894	31,683
Selling, General & Admin	13,177	13,177	12,332	11,136	11,365	11,073
Research & Development	7,983	7,983	7,551	6,774	6,549	6,347
Operating Expenses	21,858	21,858	20,165	18,223	18,129	17,561
Operating Income	13,004	13,004	15,588	14,025	13,765	14,122
Interest Expense	-1,006	-1,006	-427	-360	-434	-585
Interest & Investment Income	1,365	1,365	962	476	618	920
Currency Exchange Gain (Loss)	-	-	1	-237	2	-5
Other Non Operating Income (Expenses)	-157	-157	-85	163	-102	-121
EBT Excluding Unusual Items	13,206	13,206	16,039	14,067	13,849	14,331
Merger & Restructuring Charges	-838	-838	-557	-56	-932	-502
Gain (Loss) on Sale of Investments	-100	-100	-164	466	345	141
Other Unusual Items	-34	-34	-	-	-	-
Pretax Income	12,234	12,234	15,318	14,477	13,262	13,970
Income Tax Expense	1,914	1,914	2,705	2,665	2,671	2,756
Net Income	10,320	10,320	12,613	11,812	10,591	11,214
Net Income to Common	10,320	10,320	12,613	11,812	10,591	11,214
Net Income Growth	-18.18%	-18.18%	6.78%	11.53%	-5.56%	-3.50%
Shares Outstanding (Basic)	4,043	4,043	4,093	4,170	4,222	4,236
Shares Outstanding (Diluted)	4,062	4,062	4,105	4,192	4,236	4,254
Shares Change (YoY)	-1.05%	-1.05%	-2.08%	-1.04%	-0.42%	-4.47%
EPS (Basic)	2.55	2.55	3.08	2.83	2.51	2.65
EPS (Diluted)	2.54	2.54	3.07	2.82	2.50	2.64
EPS Growth	-17.26%	-17.26%	8.87%	12.80%	-5.30%	1.15%
Free Cash Flow	10,210	10,210	19,037	12,749	14,762	14,656
Free Cash Flow Per Share	2.51	2.51	4.64	3.04	3.48	3.45
Dividend Per Share	1.580	1.580	1.540	1.500	1.460	1.420
Dividend Growth	2.60%	2.60%	2.67%	2.74%	2.82%	4.41%
Gross Margin	64.80%	64.80%	62.73%	62.55%	64.02%	64.26%
Operating Margin	24.17%	24.17%	27.35%	27.20%	27.63%	28.64%
Profit Margin	19.18%	19.18%	22.13%	22.91%	21.26%	22.75%
Free Cash Flow Margin	18.98%	18.98%	33.40%	24.73%	29.63%	29.73%
EBITDA	15,511	15,511	17,219	15,902	15,496	15,822
EBITDA Margin	28.83%	28.83%	30.21%	30.84%	31.11%	32.09%
D&A For EBITDA	2,507	2,507	1,631	1,877	1,731	1,700
EBIT	13,004	13,004	15,588	14,025	13,765	14,122
EBIT Margin	24.17%	24.17%	27.35%	27.20%	27.63%	28.64%
Effective Tax Rate	15.64%	15.64%	17.66%	18.41%	20.14%	19.73%
Revenue as Reported	53,803	53,803	56,998	51,557	49,818	49,301
Advertising Expenses	-	-	205	219	268	187

Source: S&P Capital IQ. Standard template. Financial Sources.