Networking equipment and software company providing internet infrastructure, collaboration, and cybersecurity products.
Profile & Fundamentals
Cisco Systems: Company identity, ownership, reported financial performance, balance sheets, and corporate actions.
Profile & Fundamentals
Cisco Systems Profile & Fundamentals
Examine company identity, ownership, reported performance, valuation, balance-sheet resilience, dividends, buybacks, and material corporate events.
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Company and Market Context
Company Profile & Ownership
Cisco Systems, Inc. designs, develops, and sells technologies to power, help, secure, and draw insights from the internet in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company provides data center switching; network security, identity and access management, and secure access service edge; identity and agentic security solutions; interconnects public and private wireline and mobile networks, delivering connectivity to campus, data center, and branch networks; WEBEX suite, collaboration devices, and contact center; communication platform as a service software, including perpetual licenses, subscription arrangements, and hardware solutions; network assurance and observability suite; accelerated issue resolution, software support, and hardware replacement; professional services, such as planning, design, implementation, and high-value consulting; service and support packages, financing, and managed network services; and regional, national, and international wireline carriers, webscale products, internet, and cable. It also provides wireless products, including indoor and outdoor coverage designed for seamless roaming use of voice, video, and data applications; end-to-end collaboration solutions through cloud, on-premise, or within hybrid cloud environments. In addition, it offers technical support services. The company serves businesses, public institutions, governments, and service providers. It sells its products and services directly, through systems integrators, service providers, and other thirdy-party resellers, and distributors. Cisco Systems, Inc. was incorporated in 1984 and is headquartered in San Jose, California.
Company profile record
Cisco Systems Inc
Common Stock · Information Technology · Communications Equipment
Company
- Company / asset
- Cisco Systems Inc
- Security type
- Common Stock
- Sector
- Information Technology
- Industry
- Communications Equipment
- HQ
- 🇺🇸 United States
- Head office
- 170 West Tasman Drive, San Jose, CA, United States, 95134-1706
Leadership & scale
- Chief executive
- Mr. Charles H. Robbins
- CEO year born
- 1966
- Full-time employees
- 82.4K
- Fiscal year end
- July
- IPO date
- 1990-02-16
Fundamentals snapshot
- Market Cap
- USD 469.9B
- P/E
- 35.4x
- Revenue (Q3 26)
- USD 17.3B
- Profit (Q3 26)
- USD 3.9B
- Dividend Yield
- 1.0%
- Revenue (FY 26)
- USD 63.3B
- Shares in public float
- 3.9B
- Insider ownership
- 0.06%
Reporting & identifiers
- Symbol
- CSCO.NASDAQ
- Listing
- 🇺🇸 United States | Dividend Tax: 30%
- Ticker Currency
- USD
- Income Statement Currency
- USD
- Balance Sheet Currency
- USD
- Cash Flow Currency
- USD
- EPS Currency
- USD
- Contract Type
- SPOT
- ISIN
- US17275R1023
- Asset ID
- equity_1720b66a-42d6-5a8b-b25c-7de04a1dc20f
Ownership
Shares Outstanding
Latest: 4.0B | Max: 5.0B | Min: 4.0B
Latest reported ownership snapshot
As of Oct 1, 2026Float Shares
98.80%
3.9B latest reported shares
Insider Ownership
0.06%
Latest reported insider stake
Short Float
0.01%
Latest reported short interest / float
Top Holders
Source tablesView ownership tables
Shares Outstanding
Annual reported shares outstanding; up to 10 reporting dates.
Scroll the table to see every column.
| Reporting date | Shares outstanding |
|---|---|
| 2017-01-01 | 4,994,000,000 |
| 2018-01-01 | 4,614,000,000 |
| 2019-01-01 | 4,273,000,000 |
| 2020-01-01 | 4,244,000,000 |
| 2021-01-01 | 4,243,000,000 |
| 2022-01-01 | 4,116,000,000 |
| 2023-01-01 | 4,087,000,000 |
| 2024-01-01 | 4,013,000,000 |
| 2025-01-01 | 3,993,000,000 |
| 2026-01-01 | 3,984,000,000 |
Top Holders
Available reported ownership records.
Scroll the table to see every column.
| Holder | Shares | Ownership | Reported date |
|---|---|---|---|
| BlackRock Inc | 365,059,875 | 9.26% | 2026-03-31 |
| Vanguard Capital Management, LLC | 243,780,205 | 6.18% | 2026-03-31 |
| State Street Corp | 193,593,697 | 4.91% | 2026-03-31 |
| Amvescap Plc. | 139,681,748 | 3.54% | 2026-03-31 |
| Vanguard Portfolio Management, LLC | 117,849,671 | 2.99% | 2026-03-31 |
| Vanguard MStar Total Stk Mkt Idx Invest | 112,732,992 | 2.86% | 2026-08-31 |
| Vanguard 500 Index Investor | 104,937,307 | 2.66% | 2026-08-31 |
| Geode Capital Management, LLC | 102,134,942 | 2.59% | 2026-03-31 |
| Invesco QQQ Trust | 84,788,341 | 2.15% | 2026-08-31 |
| Morgan Stanley - Brokerage Accounts | 77,731,032 | 1.97% | 2026-03-31 |
| FMR Inc | 67,385,563 | 1.71% | 2026-03-31 |
| Capital Research Global Investors | 67,174,294 | 1.7% | 2026-06-30 |
| Franklin Templeton Inc | 58,212,333 | 1.48% | 2026-03-31 |
| NORGES BANK | 54,835,694 | 1.39% | 2026-06-30 |
| iShares Core S&P 500 ETF | 52,598,680 | 1.33% | 2026-08-31 |
Earnings, Profitability & Valuation
Earnings, Profitability & Valuation
Earnings & Revenue
Earnings and Revenue Trajectory
AI Review
Fiscal 2026 delivered an impressive top-line performance, with headline revenue rising nearly twelve percent to $63.3 billion and net income jumping thirty percent to $13.27 billion. This performance was driven by heavy initial shipments of artificial intelligence networking equipment and the full-year inclusion of recurring software subscriptions from recent acquisitions. Operating profits benefited from solid operational leverage as corporate administrative expenses remained tightly controlled. However, the underlying cash flow tells a more restrained story. Annual free cash flow slipped nearly four percent to $12.77 billion, trailing net income because customer orders required substantial upfront cash investments in inventory and parts. While headline revenue growth remains solid, future cash conversion will normalize as initial cloud infrastructure deployments mature.
Fiscal 2026 delivered an impressive top-line performance, with headline revenue rising nearly twelve percent to $63.3 billion and net income jumping thirty percent to $13.27 billion. This performance was driven by heavy initial shipments of artificial intelligence networking equipment and the full-year inclusion of recurring software subscriptions from recent acquisitions. Operating profits benefited from solid operational leverage as corporate administrative expenses remained tightly controlled. However, the underlying cash flow tells a more restrained story. Annual free cash flow slipped nearly four percent to $12.77 billion, trailing net income because customer orders required substantial upfront cash investments in inventory and parts. While headline revenue growth remains solid, future cash conversion will normalize as initial cloud infrastructure deployments mature.
Revenue, Net Income, and Free Cash Flow
Latest: USD 63.3B | Max: USD 63.3B | Min: USD 110.0M
Valuation
P/E Ratio (TTM)iPublished valuation snapshots use the earnings basis recorded with each observation. Source tables retain that basis.
Latest: 35x
Profitability & Margins
Margins and Operating Efficiency
AI Review
Operating profit margins expanded nicely to 24.3% in fiscal 2026, up from 20.8% the prior year, driven by corporate cost restructuring and the integration of high-margin recurring software licenses. These efficiency gains allowed the business to generate strong operating earnings despite higher overall corporate operating overhead. In contrast, gross profit margins slipped slightly to 64.5%, with fourth-quarter product margins dipping due to a heavier sales mix of lower-margin optical gear and rising semiconductor memory costs. Because cloud titans negotiate aggressive volume discounts, blended profit margins will face ongoing pressure unless recurring software subscriptions grow fast enough to offset hardware dilution.
Operating profit margins expanded nicely to 24.3% in fiscal 2026, up from 20.8% the prior year, driven by corporate cost restructuring and the integration of high-margin recurring software licenses. These efficiency gains allowed the business to generate strong operating earnings despite higher overall corporate operating overhead. In contrast, gross profit margins slipped slightly to 64.5%, with fourth-quarter product margins dipping due to a heavier sales mix of lower-margin optical gear and rising semiconductor memory costs. Because cloud titans negotiate aggressive volume discounts, blended profit margins will face ongoing pressure unless recurring software subscriptions grow fast enough to offset hardware dilution.
Profitability Margins
Latest: 64.5% | Max: 64.9% | Min: 0.2%
Latest Profitability Ratios as of 2026-07-31
Gross Margin
64.5%
Gross profit / revenue
Operating Margin
24.3%
Operating income / revenue
Net Margin
21.0%
Net income / revenue
FCF Margin
20.2%
Free cash flow / revenue
Source tablesView earnings, profitability & valuation tables
Revenue, Net Income, and Free Cash Flow
Annual reported results, using the source statement's recorded USD conversion. Up to 10 reporting periods; missing values are not estimated.
Scroll the table to see every column.
| Period end | Revenue (USD) | Net income (USD) | Free cash flow (USD) |
|---|---|---|---|
| 2017-07-31 | 48,005,000,000 | 9,609,000,000 | 12,912,000,000 |
| 2018-07-31 | 49,330,000,000 | 110,000,000 | 12,832,000,000 |
| 2019-07-31 | 51,904,000,000 | 11,621,000,000 | 14,922,000,000 |
| 2020-07-31 | 49,301,000,000 | 11,214,000,000 | 14,656,000,000 |
| 2021-07-31 | 49,818,000,000 | 10,591,000,000 | 14,762,000,000 |
| 2022-07-31 | 51,557,000,000 | 11,812,000,000 | 12,749,000,000 |
| 2023-07-31 | 56,998,000,000 | 12,613,000,000 | 19,037,000,000 |
| 2024-07-31 | 53,803,000,000 | 10,320,000,000 | 10,210,000,000 |
| 2025-07-31 | 56,654,000,000 | 10,180,000,000 | 13,288,000,000 |
| 2026-07-31 | 63,325,000,000 | 13,267,000,000 | 12,767,000,000 |
Published P/E Ratio
Published valuation snapshots retain each observation's earnings basis.
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| Period end | P/E (times earnings) | Earnings basis |
|---|---|---|
| 2026-07-31 | 34.83 | Trailing four quarters |
| 2025-07-31 | 26.7 | Trailing four quarters |
| 2024-07-31 | 18.84 | Trailing four quarters |
| 2023-07-31 | 16.86 | Annual net income |
| 2022-07-31 | 15.81 | Annual net income |
Profitability Margins
Matching annual reporting dates. Values are percentages.
Scroll the table to see every column.
| Period end | Gross margin (%) | Operating margin (%) | Net margin (%) | Free cash flow margin (%) |
|---|---|---|---|---|
| 2017-07-31 | 62.96 | 24.94 | 20.02 | 26.9 |
| 2018-07-31 | 62.04 | 24.95 | 0.22 | 26.01 |
| 2019-07-31 | 62.94 | 27.39 | 22.39 | 28.75 |
| 2020-07-31 | 64.26 | 27.63 | 22.75 | 29.73 |
| 2021-07-31 | 64.02 | 25.76 | 21.26 | 29.63 |
| 2022-07-31 | 62.55 | 27.09 | 22.91 | 24.73 |
| 2023-07-31 | 62.73 | 26.37 | 22.13 | 33.4 |
| 2024-07-31 | 64.73 | 22.64 | 19.18 | 18.98 |
| 2025-07-31 | 64.94 | 20.76 | 17.97 | 23.45 |
| 2026-07-31 | 64.52 | 24.27 | 20.95 | 20.16 |
Public data excerpt created by iPulse AI and published by Future Edge Group FZE. Source: eodhd. Snapshot retrieved 2026-09-29.
Use is subject to the iPulse AI Terms of Service and applicable source rights. Missing inputs are not estimated. Full access includes the remaining records, research and interactive tools.
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