Cisco Systems Net Income vs. Revenue

CSCO Stock  USD 78.10  0.40  0.51%   
Based on Cisco Systems' profitability indicators, Cisco Systems is yielding more profit at this time than in the previous quarter. It has a moderate probability of reporting better profitability numbers in April. Profitability indicators assess Cisco Systems' ability to earn profits and add value for shareholders.
 
Net Income  
 First Reported
1987-10-31
 Previous Quarter
2.9 B
 Current Value
3.2 B
 Quarterly Volatility
1.4 B
Macro event markers
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Recent filings indicate that Price To Sales Ratio continues growing. The preceding year’s Price To Sales Ratio stood at 4.69. As of 03/11/2026, EV To Sales is forecasted to advance to 6.46 this year, whereas Days Sales Outstanding is moving lower toward 48.26.. Recent filings indicate that Net Income continues growing. The preceding year’s Net Income stood at 12.02 Billion. As of 03/11/2026, Income Tax Expense is forecasted to advance to approximately 1.9 B this year, although Accumulated Other Comprehensive Income is expected to rise to about -815.7 M.. Recent filings indicate that Gross Profit continues growing. The preceding year’s Gross Profit stood at 42.31 Billion. As of 03/11/2026, Pretax Profit Margin is forecasted to advance to 0.29 this year, whereas Net Profit Margin is moving lower toward 0.14.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.70.6402
Significantly Up
Slightly volatile
Net Profit Margin0.140.2126
Way Down
Slightly volatile
Operating Profit Margin0.280.2576
Significantly Up
Slightly volatile
Pretax Profit Margin0.290.2662
Significantly Up
Slightly volatile
Return On Assets0.140.1086
Significantly Up
Slightly volatile
Return On Equity0.250.2566
Fairly Down
Slightly volatile
The module evaluates Cisco Systems profitability by comparing earnings to revenue, assets, operating costs, and equity.

Cisco Systems' Revenue Mix by Segment

Trending Equities.
For more information on how to buy Cisco Stock please use our How to Buy Cisco Stock guide.From an earnings-model perspective, Cisco Systems is assigned next EPS of 1.03 with expected dispersion between 1.03 and 1.06. EPS TTM is 2.80. EPS is most informative when read together with margin stability and cash-flow conversion. Consensus EPS estimates for Cisco Systems typically reference EPS before non-recurring items. These estimates can include stock-based compensation expense.
Macro event markers
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Cisco Systems is projected to report an EPS estimate of 1.0349 on 30th of April 2026. Consensus EPS estimates for Cisco Systems combine analyst inputs and historical variability signals..

Cisco Systems Revenue Breakdown by Earning Segment Summary

Earnings estimates provide context for forward-looking performance discussion. This context is informational and can be reviewed with other metrics across periods.
 Quarterly Earnings Growth
0.312
 Dividend Share
1.64
 Earnings Share
2.8
 Revenue Per Share
14.911
 Quarterly Revenue Growth
0.097
The market value of Cisco Systems is measured differently than book value, which reflects Cisco accounting equity. Cisco Systems' market capitalization is 308.58 B. With a P/B ratio of 6.43, the market values Cisco Systems well above its book equity. Enterprise value stands at 321.22 B. The intrinsic value concept focuses on underlying worth, which can diverge from market price and book value. Valuation work aligns these measures into a single context.
Note that Cisco Systems' intrinsic value and market price are different measures derived from different inputs. For Cisco Systems, key inputs include a P/E ratio of 17.95, a P/B ratio of 6.43, a profit margin of 18.76%, and ROE of 23.75%. Trading price represents the transaction level agreed by market participants.

Cisco Systems Revenue vs. Net Income Fundamental Analysis

Comparative pricing analysis measures Cisco Systems's value against industry norms.
Cisco Systems ranks as the leading stock in net income category among its top competitors. It is rated second among stocks in revenue category among its top competitors totaling about 5.42 of Revenue per Net Income. Recent filings indicate that Net Income continues growing. The preceding year’s Net Income stood at 11.71 Billion. Earnings-based multiples benchmark Cisco Systems's market valuation.

Cisco Systems' Historical Earnings Breakdown by Geography

Cisco Revenue vs. Net Income

Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Cisco Systems

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
10.45 B
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Cisco Systems

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
56.65 B
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.

Cisco Revenue vs Competition

Cisco Systems is rated second among stocks in revenue category among its top competitors. Market size based on revenue of Information Technology industry is currently estimated at about 187.13 Billion. Cisco Systems totals roughly 56.65 Billion in revenue claiming about 30% of equities under Information Technology sector.

Cisco Systems Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Cisco Systems, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Cisco Systems will eventually generate negative long term returns. The profitability progress is the general direction of Cisco Systems' change in net profit over the period of time. It can combine multiple indicators of Cisco Systems, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-858.6 M-815.7 M
Operating Income13.5 B7.4 B
Income Before Tax12.8 B7.7 B
Total Other Income Expense Net-759 M-721 M
Net Income12 B12.6 B
Income Tax Expense1.1 B1.9 B
Net Income Applicable To Common Shares11.7 BB
Net Income From Continuing Ops11.7 B10.2 B
Non Operating Income Net Other998.2 M1.1 B
Interest Income1.2 B1.1 B
Net Interest Income-532.8 M-506.2 M
Change To Netincome690 M1.1 B
Net Income Per Share 2.51 2.63
Income Quality 1.46 1.39
Net Income Per E B T 0.80 0.58

Cisco Profitability Driver Comparison

Understanding Cisco Systems' profitability drivers is essential for assessing the sustainability of its earnings. Unexpected events such as tax policy changes, commodity price shocks, or economic downturns can materially alter the profit outlook and affect long-term investment returns.

Cisco Systems Earnings Estimation Breakdown

The forward EPS consensus for Cisco Systems stands at 1.0349, compiled from analyst models tracking Cisco Systems' revenue, margin, and guidance trends. The estimate range spans from 1.0251 to 1.06, capturing uncertainty around the projection. This figure is derived from a 12-month earnings base and strips out one-time items for comparability.
Last Reported EPS
1.04
1.03
Lowest
Expected EPS
1.0349
1.06
Highest

Cisco Systems Earnings Projection Consensus

The spread between Cisco Systems' estimated fair value and its market price encodes a directional signal: narrow spreads suggest efficient pricing; wide spreads suggest a potential catalyst or mispricing. Analysts use this gap to identify entry and exit points, though the estimate itself carries model risk. Factor in liquidity, sector context, and macro environment before acting on this comparison.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 30th of April 2026Current EPS (TTM)
2696.66%
1.04
1.0349
2.8

Cisco Systems Earnings History

Analyst consensus earnings for Cisco represent the collective market expectation for upcoming reporting periods. When actual EPS exceeds this benchmark, markets typically respond positively; misses often lead to rapid repricing. Comparing consensus to alternative valuation signals adds analytical depth beyond raw EPS numbers.

Cisco Systems Quarterly Gross Profit

9.97 Billion
As of 03/11/2026, Retained Earnings is anticipated to decline to approximately 54.6 M. In addition to that, Retained Earnings Total Equity is forecasted to advance to approximately -1.1 B this year As of 03/11/2026, Common Stock Shares Outstanding is forecasted to advance to approximately 4.3 B this year, whereas Net Income Applicable To Common Shares is moving lower toward about 9 B..
The concept of mean reversion suggests that Cisco Systems' price will eventually return toward its long-run average. High prices may deter value investors, while unusually low prices often attract buyers who anticipate a recovery.
Hype
Prediction
LowEstimatedHigh
75.9278.1080.28
Details
Intrinsic
Valuation
LowRealHigh
70.2983.9586.13
Details
Naive
Forecast
LowNextHigh
78.4780.6582.82
Details
26 Analysts
Consensus
LowTargetHigh
80.8288.8198.58
Details
Competitive analysis for Cisco Systems compares its financial performance, valuation multiples, and growth trajectory against sector peers. This peer-relative view often uncovers mispricing that single-company analysis would miss. Institutional capital in Cisco is highly sensitive to analyst sentiment shifts triggered by EPS surprises. Large funds recalibrate exposure rapidly when reported results deviate from consensus expectations. This collective repositioning is a primary reason why the actual-versus-projected earnings gap drives near-term price action.

Earnings per Share Projection vs Actual

The actual EPS reported by Cisco Systems reflects real earnings performance verified through its financial statements. The expected EPS consensus for Cisco Systems is the result of analyst modeling and represents the market's pre-event benchmark. Weighted share count is used to normalize EPS across periods where the number of outstanding shares changes.

Cisco Systems Estimated Months Earnings per Share

Income investors tracking Cisco Systems rely on EPS as a measure of earnings coverage for the dividend. A consistent EPS growth trajectory suggests management has both the intent and capacity to increase shareholder distributions over time. For a rounded view, compare EPS against free cash flow yield and the dividend payout ratios of sector peers.

Cisco Quarterly Analyst Estimates and Surprise Metrics

For investors monitoring Cisco Systems, earnings surprise data provides a historical record of how the market has repriced the stock after each quarterly report. Surprise direction and magnitude together determine whether a post-earnings move is likely to be sustained. Analyst EPS estimates evolve through the quarter based on guidance revisions and new sector information.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2026-02-10
2026-01-311.021.040.02
2025-11-12
2025-10-310.981.00.02
2025-08-13
2025-07-310.980.990.01
2025-05-14
2025-04-300.920.960.04
2025-02-12
2025-01-310.910.940.03
2024-11-13
2024-10-310.870.910.04
2024-08-14
2024-07-310.850.870.02
2024-05-15
2024-04-300.820.880.06
2024-02-14
2024-01-310.840.870.03
2023-11-15
2023-10-311.031.110.08
2023-08-16
2023-07-311.061.140.08
2023-05-17
2023-04-300.971.00.03
2023-02-15
2023-01-310.860.880.02
2022-11-16
2022-10-310.840.860.02
2022-08-17
2022-07-310.820.830.01
2022-05-18
2022-04-300.860.870.01
2022-02-16
2022-01-310.810.840.03
2021-11-17
2021-10-310.80.820.02
2021-08-18
2021-07-310.820.840.02
2021-05-19
2021-04-300.820.830.01
2021-02-08
2021-01-310.760.790.03
2020-11-12
2020-10-310.70.760.06
2020-08-12
2020-07-310.740.80.06
2020-05-13
2020-04-300.690.790.114 
2020-02-12
2020-01-310.760.770.01
2019-11-13
2019-10-310.810.840.03
2019-08-14
2019-07-310.820.830.01
2019-05-15
2019-04-300.770.780.01
2019-02-13
2019-01-310.720.730.01
2018-11-14
2018-10-310.720.750.03
2018-08-15
2018-07-310.690.70.01
2018-05-16
2018-04-300.650.660.01
2018-02-14
2018-01-310.590.630.04
2017-11-15
2017-10-310.60.610.01
2017-08-16
2017-07-310.610.610.0
2017-05-17
2017-04-300.580.60.02
2017-02-15
2017-01-310.560.570.01
2016-11-16
2016-10-310.590.610.02
2016-08-17
2016-07-310.60.630.03
2016-05-18
2016-04-300.550.570.02
2016-02-10
2016-01-310.540.570.03
2015-11-12
2015-10-310.560.590.03
2015-08-12
2015-07-310.560.590.03
2015-05-13
2015-04-300.530.540.01
2015-02-11
2015-01-310.510.530.02
2014-11-12
2014-10-310.520.540.02
2014-08-13
2014-07-310.530.550.02
2014-05-14
2014-04-300.480.510.03
2014-02-12
2014-01-310.460.470.01
2013-11-13
2013-10-310.510.530.02
2013-08-14
2013-07-310.510.520.01
2013-05-15
2013-04-300.490.510.02
2013-02-13
2013-01-310.480.510.03
2012-11-13
2012-10-310.460.480.02
2012-08-15
2012-07-310.450.470.02
2012-05-09
2012-04-300.470.480.01
2012-02-08
2012-01-310.430.470.04
2011-11-09
2011-10-310.390.430.0410 
2011-08-10
2011-07-310.380.40.02
2011-05-11
2011-04-300.370.420.0513 
2011-02-09
2011-01-310.350.370.02
2010-11-10
2010-10-310.40.420.02
2010-08-11
2010-07-310.420.430.01
2010-05-12
2010-04-300.390.420.03
2010-02-03
2010-01-310.350.40.0514 
2009-11-04
2009-10-310.310.360.0516 
2009-08-05
2009-07-310.290.310.02
2009-05-06
2009-04-300.240.30.0625 
2009-02-04
2009-01-310.30.320.02
2008-11-05
2008-10-310.390.420.03
2008-08-05
2008-07-310.390.40.01
2008-05-06
2008-04-300.360.380.02
2008-02-06
2008-01-310.380.380.0
2007-11-07
2007-10-310.360.40.0411 
2007-08-07
2007-07-310.350.360.01
2007-05-08
2007-04-300.330.340.01
2007-02-06
2007-01-310.310.330.02
2006-11-08
2006-10-310.290.310.02
2006-08-08
2006-07-310.280.30.02
2006-05-09
2006-04-300.260.290.0311 
2006-02-07
2006-01-310.250.260.01
2005-11-09
2005-10-310.240.250.01
2005-08-09
2005-07-310.250.250.0
2005-05-10
2005-04-300.220.230.01
2005-02-08
2005-01-310.220.220.0
2004-11-09
2004-10-310.210.210.0
2004-08-10
2004-07-310.20.210.01
2004-05-11
2004-04-300.180.190.01
2004-02-03
2004-01-310.170.180.01
2003-11-05
2003-10-310.150.170.0213 
2003-08-05
2003-07-310.150.150.0
2003-05-06
2003-04-300.140.150.01
2003-02-04
2003-01-310.130.150.0215 
2002-11-06
2002-10-310.130.140.01
2002-08-06
2002-07-310.120.140.0216 
2002-05-07
2002-04-300.090.110.0222 
2002-02-06
2002-01-310.050.090.0480 
2001-11-05
2001-10-310.020.040.02100 
2001-08-07
2001-07-310.020.020.0
2001-05-08
2001-04-300.010.030.02200 
2001-02-06
2001-01-310.190.18-0.01
2000-11-06
2000-10-310.170.180.01
2000-08-08
2000-07-310.150.160.01
2000-05-09
2000-04-300.130.140.01
2000-02-08
2000-01-310.120.120.0
1999-11-09
1999-10-310.110.120.01
1999-08-10
1999-07-310.10.110.0110 
1999-05-11
1999-04-300.090.10.0111 
1999-02-02
1999-01-310.090.10.0111 
1998-11-04
1998-10-310.080.090.0112 
1998-08-04
1998-07-310.080.080.0
1998-05-05
1998-04-300.070.080.0114 
1998-02-03
1998-01-310.070.070.0
1997-11-04
1997-10-310.060.070.0116 
1997-08-05
1997-07-310.060.060.0
1997-05-06
1997-04-300.060.060.0
1997-02-04
1997-01-310.060.060.0
1996-11-05
1996-10-310.050.050.0
1996-08-15
1996-07-310.040.050.0125 
1996-05-09
1996-04-300.040.040.0

Use Cisco Systems in pair-trading

Pair trading with Cisco Systems can help investors hedge some company-specific exposure by balancing a long view with an offsetting position. The key question is whether the second leg adds real hedge value instead of just creating a more complex version of the same risk.

Cisco Systems Pair Trading

Cisco Systems Pair Trading Analysis

Correlation analysis helps investors find suitable substitutes for Cisco Systems during tax-loss harvesting periods. Selling Cisco Systems at a loss and immediately repurchasing it would violate IRS wash-sale rules, so a correlated replacement asset is required to maintain portfolio.
Measuring the statistical correlation of Cisco Systems against other instruments helps investors understand portfolio diversification. A correlation near zero implies that Cisco Systems provides genuine diversification benefits, while high positive correlations suggest redundant exposures.
Correlation analysis and pair trading evaluation for Cisco Systems can be used to frame hedging context. The context can be applied within sectors, industries, or broader universes.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Cisco Systems position

Using Cisco Systems inside a theme workflow gives investors a structured way to compare related stocks, funds, ETFs, and crypto assets before allocating capital. The practical benefit is that the selected idea can be tuned either for higher upside or for tighter risk control.

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Target Risk ETFs Theme
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You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Target Risk ETFs Theme or any other thematic opportunities.
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More Resources for Cisco Stock Analysis

A structured review of Cisco Systems often starts with core financial statements and trend context. Financial ratios provide context for profitability, efficiency, and growth trends. Below are reports that help frame Cisco Systems Stock in context:
Trending Equities.
For more information on how to buy Cisco Stock please use our How to Buy Cisco Stock guide.
Analysis related to Cisco Systems should be read together with other portfolio and risk tools before capital is reallocated. That is especially important when the goal is to improve the overall mix of instruments already held. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Projecting Cisco Systems' profitability starts with historical financial statements. Core statements include the income statement, balance sheet, and cash-flow statement.
Historical trends in financial statements help frame how Cisco Systems is positioned over time. Statements are connected: changes in assets and liabilities are reflected in income and cash flow.