Stocks · Technology · Computer Communications Equipment

Cisco

CSCO Clue Score62
United States Fiscal year ends July CIK 0000858877
$118.39 +3.05% Close, 9 Oct 2026
Price $118.39 +115.53% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2017Revenue48.01Operating income11.97Net income9.61EPS, diluted1.90Fiscal year 2018Revenue49.33 +2.8%Operating income12.31Net income0.11 −98.9%EPS, diluted0.02 −98.9%Fiscal year 2019Revenue51.90 +5.2%Operating income14.22Net income11.62 +10,464.5%EPS, diluted2.61 +12,950.0%Fiscal year 2020Revenue49.30 −5.0%Operating income13.62Net income11.21 −3.5%EPS, diluted2.64 +1.1%Fiscal year 2021Revenue49.82 +1.0%Operating income12.83Net income10.59 −5.6%EPS, diluted2.50 −5.3%Fiscal year 2022Revenue51.56 +3.5%Operating income13.97Net income11.81 +11.5%EPS, diluted2.82 +12.8%Fiscal year 2023Revenue57.00 +10.6%Operating income15.03Net income12.61 +6.8%EPS, diluted3.07 +8.9%Fiscal year 2024Revenue53.80 −5.6%Operating income12.18Net income10.32 −18.2%EPS, diluted2.54 −17.3%Fiscal year 2025Revenue56.65 +5.3%Operating income11.76Net income10.18 −1.4%EPS, diluted2.55 +0.4%Fiscal year 2026Revenue63.33 +11.8%Operating income15.37Net income13.27 +30.3%EPS, diluted3.33 +30.6%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue 48.01 49.33 51.90 49.30 49.82 51.56 57.00 53.80 56.65 63.33
Growth +2.8% +5.2% −5.0% +1.0% +3.5% +10.6% −5.6% +5.3% +11.8%
Operating income 11.97 12.31 14.22 13.62 12.83 13.97 15.03 12.18 11.76 15.37
Net income 9.61 0.11 11.62 11.21 10.59 11.81 12.61 10.32 10.18 13.27
Growth −98.9% +10,464.5% −3.5% −5.6% +11.5% +6.8% −18.2% −1.4% +30.3%
EPS, diluted 1.90 0.02 2.61 2.64 2.50 2.82 3.07 2.54 2.55 3.33
Growth −98.9% +12,950.0% +1.1% −5.3% +12.8% +8.9% −17.3% +0.4% +30.6%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2017Gross margin63.0%Operating margin24.9%Net margin20.0%Free cash flow margin26.9%Fiscal year 2018Gross margin62.0%Operating margin25.0%Net margin0.2%Free cash flow margin26.0%Fiscal year 2019Gross margin62.9%Operating margin27.4%Net margin22.4%Free cash flow margin28.7%Fiscal year 2020Gross margin64.3%Operating margin27.6%Net margin22.7%Free cash flow margin29.7%Fiscal year 2021Gross margin64.0%Operating margin25.8%Net margin21.3%Free cash flow margin29.6%Fiscal year 2022Gross margin62.5%Operating margin27.1%Net margin22.9%Free cash flow margin24.7%Fiscal year 2023Gross margin62.7%Operating margin26.4%Net margin22.1%Free cash flow margin33.4%Fiscal year 2024Gross margin64.7%Operating margin22.6%Net margin19.2%Free cash flow margin19.0%Fiscal year 2025Gross margin64.9%Operating margin20.8%Net margin18.0%Free cash flow margin23.5%Fiscal year 2026Gross margin64.5%Operating margin24.3%Net margin21.0%Free cash flow margin20.2%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Gross margin 63.0% 62.0% 62.9% 64.3% 64.0% 62.5% 62.7% 64.7% 64.9% 64.5%
Operating margin 24.9% 25.0% 27.4% 27.6% 25.8% 27.1% 26.4% 22.6% 20.8% 24.3%
Net margin 20.0% 0.2% 22.4% 22.7% 21.3% 22.9% 22.1% 19.2% 18.0% 21.0%
Free cash flow margin 26.9% 26.0% 28.7% 29.7% 29.6% 24.7% 33.4% 19.0% 23.5% 20.2%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow13.88Capital expenditure−0.96Free cash flow12.91Buybacks−3.69Dividends paid−5.51Fiscal year 2018Operating cash flow13.67Capital expenditure−0.83Free cash flow12.83 −0.6%Buybacks−17.55Dividends paid−5.97Fiscal year 2019Operating cash flow15.83Capital expenditure−0.91Free cash flow14.92 +16.3%Buybacks−20.72Dividends paid−5.98Fiscal year 2020Operating cash flow15.43Capital expenditure−0.77Free cash flow14.66 −1.8%Buybacks−2.66Dividends paid−6.02Fiscal year 2021Operating cash flow15.45Capital expenditure−0.69Free cash flow14.76 +0.7%Buybacks−2.88Dividends paid−6.16Fiscal year 2022Operating cash flow13.23Capital expenditure−0.48Free cash flow12.75 −13.6%Buybacks−7.69Dividends paid−6.22Fiscal year 2023Operating cash flow19.89Capital expenditure−0.85Free cash flow19.04 +49.3%Buybacks−4.29Dividends paid−6.30Fiscal year 2024Operating cash flow10.88Capital expenditure−0.67Free cash flow10.21 −46.4%Buybacks−5.79Dividends paid−6.38Fiscal year 2025Operating cash flow14.19Capital expenditure−0.91Free cash flow13.29 +30.1%Buybacks−6.00Dividends paid−6.44Fiscal year 2026Operating cash flow14.18Capital expenditure−1.41Free cash flow12.77 −3.9%Buybacks−6.11Dividends paid−6.55
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Operating cash flow 13.88 13.67 15.83 15.43 15.45 13.23 19.89 10.88 14.19 14.18
Capital expenditure −0.96 −0.83 −0.91 −0.77 −0.69 −0.48 −0.85 −0.67 −0.91 −1.41
Free cash flow 12.91 12.83 14.92 14.66 14.76 12.75 19.04 10.21 13.29 12.77
Growth −0.6% +16.3% −1.8% +0.7% −13.6% +49.3% −46.4% +30.1% −3.9%
Buybacks −3.69 −17.55 −20.72 −2.66 −2.88 −7.69 −4.29 −5.79 −6.00 −6.11
Dividends paid −5.51 −5.97 −5.98 −6.02 −6.16 −6.22 −6.30 −6.38 −6.44 −6.55

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2017Cash11.71Total debt30.47Net cash (debt)−18.76Shareholders’ equity66.14Debt to equity0.46Fiscal year 2018Cash8.93Total debt25.57Net cash (debt)−16.64Shareholders’ equity43.20Debt to equity0.59Fiscal year 2019Cash11.75Total debt20.47Net cash (debt)−8.72Shareholders’ equity33.57Debt to equity0.61Fiscal year 2020Cash11.81Total debt14.58Net cash (debt)−2.77Shareholders’ equity37.92Debt to equity0.38Fiscal year 2021Cash9.18Total debt11.53Net cash (debt)−2.35Shareholders’ equity41.28Debt to equity0.28Fiscal year 2022Cash7.08Total debt8.92Net cash (debt)−1.84Shareholders’ equity39.77Debt to equity0.22Fiscal year 2023Cash10.12Total debt8.39Net cash (debt)1.73Shareholders’ equity44.35Debt to equity0.19Fiscal year 2024Cash7.51Total debt20.11Net cash (debt)−12.60Shareholders’ equity45.46Debt to equity0.44Fiscal year 2025Cash8.35Total debt24.61Net cash (debt)−16.27Shareholders’ equity46.84Debt to equity0.53Fiscal year 2026Cash7.22Total debt22.87Net cash (debt)−15.65Shareholders’ equity50.29Debt to equity0.45
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Cash 11.71 8.93 11.75 11.81 9.18 7.08 10.12 7.51 8.35 7.22
Total debt 30.47 25.57 20.47 14.58 11.53 8.92 8.39 20.11 24.61 22.87
Net cash (debt) −18.76 −16.64 −8.72 −2.77 −2.35 −1.84 1.73 −12.60 −16.27 −15.65
Shareholders’ equity 66.14 43.20 33.57 37.92 41.28 39.77 44.35 45.46 46.84 50.29
Debt to equity 0.46 0.59 0.61 0.38 0.28 0.22 0.19 0.44 0.53 0.45

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2026 · 10-K

Cash flow

In billions of USD, except per-share figures; shares in millions. Fiscal years ending July, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 29 Jul 2017 FY2018 28 Jul 2018 FY2019 27 Jul 2019 FY2020 25 Jul 2020 FY2021 31 Jul 2021 FY2022 30 Jul 2022 FY2023 29 Jul 2023 FY2024 27 Jul 2024 FY2025 26 Jul 2025 FY2026 25 Jul 2026
Operations
13.88 13.67 15.83 15.43 15.45 13.23 19.89 10.88 14.19 14.18
Growth −1.5% +15.8% −2.6% +0.2% −14.4% +50.4% −45.3% +30.5% −0.1%
1.10 1.10 1.00 0.90 0.80 0.80 0.70 0.70 0.70 0.70
Investment
−0.96 −0.83 −0.91 −0.77 −0.69 −0.48 −0.85 −0.67 −0.91 −1.41
calc 12.91 12.83 14.92 14.66 14.76 12.75 19.04 10.21 13.29 12.77
Growth −0.6% +16.3% −1.8% +0.7% −13.6% +49.3% −46.4% +30.1% −3.9%
calc 2.56 2.63 3.35 3.45 3.48 3.04 4.64 2.51 3.32 3.20
−6.04 15.32 14.84 3.50 −5.29 1.55 −5.11 −20.48 1.73 −3.48
Financing
−3.81 −31.76 −27.89 −18.86 −12.10 −15.96 −11.63 6.84 −15.82 −12.35
−5.51 −5.97 −5.98 −6.02 −6.16 −6.22 −6.30 −6.38 −6.44 −6.55
−3.69 −17.55 −20.72 −2.66 −2.88 −7.69 −4.29 −5.79 −6.00 −6.11

Lines marked calc are worked out here from filed figures; point at one for how. Capital expenditure, dividends and buybacks are shown as money out, so negative.