← CISCO SYSTEMS, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $49.2b |
$48.0b
-2.52%
|
$49.3b
+2.76%
|
$51.9b
+5.22%
|
$49.3b
-5.02%
|
$49.8b
+1.05%
|
$51.6b
+3.49%
|
$57.0b
+10.55%
|
$53.8b
-5.61%
|
$56.7b
+5.30%
|
$60.7b
+7.22%
|
|
| Cost of Revenue | $18.3b |
$17.8b
-2.77%
|
$18.7b
+5.30%
|
$19.2b
+2.75%
|
$17.6b
-8.42%
|
$17.9b
+1.74%
|
$19.3b
+7.73%
|
$21.2b
+10.03%
|
$19.0b
-10.68%
|
$19.9b
+4.69%
|
$21.7b
+9.09%
|
|
| Total cost of sales | $18.3b |
$17.8b
-2.77%
|
$18.7b
+5.30%
|
$19.2b
+2.75%
|
$17.6b
-8.42%
|
$17.9b
+1.74%
|
$19.3b
+7.73%
|
$21.2b
+10.03%
|
$19.0b
-10.68%
|
$19.9b
+4.69%
|
— | |
| GROSS MARGIN | $31.0b |
$30.2b
-2.38%
|
$30.6b
+1.26%
|
$32.7b
+6.73%
|
$31.7b
-3.01%
|
$31.9b
+0.67%
|
$32.2b
+1.11%
|
$35.8b
+10.87%
|
$34.8b
-2.59%
|
$36.8b
+5.63%
|
$39.1b
+6.22%
|
|
| Gross Profit | $31.0b |
$30.2b
-2.38%
|
$30.6b
+1.26%
|
$32.7b
+6.73%
|
$31.7b
-3.01%
|
$31.9b
+0.67%
|
$32.2b
+1.11%
|
$35.8b
+10.87%
|
$34.8b
-2.59%
|
$36.8b
+5.63%
|
$39.1b
+6.22%
|
|
| Research and Development Expense | $6.3b | $6.1b | $6.3b | $6.6b | $6.3b | $6.5b | $6.8b | $7.6b | $8.0b | $9.3b | $9.5b | |
| Sales and marketing | $9.6b | $9.2b | $9.2b | $9.6b | $9.2b | $9.3b | $9.1b | $9.9b | $10.4b | $11.0b | — | |
| Selling and Marketing Expense | $9.6b | $9.2b | $9.2b | $9.6b | $9.2b | $9.3b | $9.1b | $9.9b | $10.4b | $11.0b | $14.2b | |
| General and Administrative Expense | $1.8b | $2.0b | $2.1b | $1.8b | $1.9b | $2.2b | $2.1b | $2.5b | $2.8b | $3.0b | $2.8b | |
| Amortization of Intangible Assets | $303.0m | $259.0m | $221.0m | $150.0m | $141.0m | $215.0m | $313.0m | $282.0m | $698.0m | $1.0b | — | |
| Operating Lease, Lease Income | — | — | — | — | $190.0m | $151.0m | $107.0m | $73.0m | $58.0m | $37.0m | — | |
| Restructuring and other charges | $268.0m | $756.0m | $358.0m | $322.0m | $481.0m | $886.0m | $6.0m | $531.0m | $789.0m | $744.0m | — | |
| Operating Expenses | $18.3b | $18.3b | $18.3b | $18.4b | $18.1b | $19.1b | $18.3b | $20.7b | $22.6b | $25.0b | $24.7b | |
| Operating Income (Loss) | $12.7b |
$12.0b
-5.43%
|
$12.3b
+2.81%
|
$14.2b
+15.52%
|
$13.6b
-4.21%
|
$12.8b
-5.78%
|
$14.0b
+8.85%
|
$15.0b
+7.60%
|
$12.2b
-18.96%
|
$11.8b
-3.46%
|
$14.4b
+22.52%
|
|
| Interest Expense | $676.0m | $861.0m | $943.0m | $859.0m | $585.0m | $434.0m | $360.0m | $427.0m | ($1.0b) | ($1.6b) | $1.5b | |
| Interest income | $1.0b | $1.3b | $1.5b | $1.3b | $920.0m | $618.0m | $476.0m | $962.0m | $1.4b | $1.0b | $873.0m | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | — | $58.0m | $63.0m | — | — | — | — | — | — | |
| Gain (Loss) on Investments | $317.0m | ($154.0m) | $322.0m | $24.0m | $138.0m | $354.0m | $453.0m | ($206.0m) | ($215.0m) | $38.0m | — | |
| Other income (expense): | ||||||||||||
| Interest and other income (loss), net | $260.0m | $314.0m | $730.0m | $352.0m | $350.0m | $429.0m | $508.0m | $287.0m | $53.0m | ($660.0m) | — | |
| Other Nonoperating Income (Expense) | ($69.0m) | ($163.0m) | $165.0m | ($97.0m) | $15.0m | $245.0m | $392.0m | ($248.0m) | ($306.0m) | ($68.0m) | — | |
| Other income (loss), net | ($69.0m) | ($163.0m) | $165.0m | ($97.0m) | $15.0m | $245.0m | $392.0m | ($248.0m) | ($306.0m) | ($68.0m) | — | |
| Nonoperating Income (Expense) | $260.0m | $314.0m | $730.0m | $352.0m | $350.0m | $429.0m | $508.0m | $287.0m | $53.0m | ($660.0m) | — | |
| INCOME BEFORE PROVISION FOR INCOME TAXES | $12.9b | $12.3b | $13.0b | $14.6b | $14.0b | $13.3b | $14.5b | $15.3b | $12.2b | $11.1b | ||
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $2.9b | $2.4b | $3.8b | $7.6b | $7.5b | $12.3b | $13.6b | $14.1b | $10.8b | $9.5b | $14.1b | |
| Income Tax Expense (Benefit) | $2.2b | $2.7b | $12.9b | $3.0b | $2.8b | $2.7b | $2.7b | $2.7b | $1.9b | $920.0m | $2.1b | |
| Net Income (Loss) Attributable to Parent | $10.7b |
$9.6b
-10.52%
|
$110.0m
-98.86%
|
$11.6b
+10464.55%
|
$11.2b
-3.50%
|
$10.6b
-5.56%
|
$11.8b
+11.53%
|
$12.6b
+6.78%
|
$10.3b
-18.18%
|
$10.2b
-1.36%
|
$12.0b
+17.47%
|
|
| Earnings Per Share, Basic | $2.13 | $1.92 | $0.02 | $2.63 | $2.65 | $2.51 | $2.83 | $3.08 | $2.55 | $2.56 | $3.02 | |
| Earnings Per Share, Diluted | $2.11 | $1.90 | $0.02 | $2.61 | $2.64 | $2.50 | $2.82 | $3.07 | $2.54 | $2.55 | $3.00 | |
| Common Stock, Dividends, Per Share, Declared | $0.94 | $1.10 | $1.24 | $1.36 | $1.42 | $1.46 | $1.50 | $1.54 | $1.58 | $1.62 | — | |
| Basic (in shares) | $5.1b | $5.0b | $4.8b | $4.4b | $4.2b | $4.2b | $4.2b | $4.1b | $4.0b | $4.0b | $4.0b | |
| Diluted (in shares) | $5.1b | $5.0b | $4.9b | $4.5b | $4.3b | $4.2b | $4.2b | $4.1b | $4.1b | $4.0b | $4.0b | |
| Weighted Average Number of Shares Outstanding, Basic | 5.1b | 5.0b | 4.8b | 4.4b | 4.2b | 4.2b | 4.2b | 4.1b | 4.0b | 4.0b | 4.0b | |
| Weighted Average Number of Shares Outstanding, Diluted | 5.1b | 5.0b | 4.9b | 4.5b | 4.3b | 4.2b | 4.2b | 4.1b | 4.1b | 4.0b | 4.0b | |
| Additional Financial Items | ||||||||||||
| Amortization of purchased intangible assets | $303.0m | $259.0m | $221.0m | $150.0m | $141.0m | $215.0m | $313.0m | $282.0m | $698.0m | $1.0b | — | |
| Business Combination, Acquisition Related Costs | — | — | — | — | — | — | — | — | — | $12.0m | — | |
| Reclassification from AOCI, Current Period, before Tax, Attributable to Parent | — | — | — | — | $35.0m | $64.0m | $36.0m | $43.0m | ($16.0m) | ($53.0m) | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.