The Tip Desk

CISCO SYSTEMS, INC.

Financial highlights

MetricFY 07/25/26FY 07/26/25FY 07/27/24FY 07/29/23FY 07/30/22
Income Statement
Revenue$63.3B$56.7B$53.8B$57.0B$51.6B
Cost of revenue$22.5B$19.9B$19.0B$21.2B$19.3B
Gross profit$40.9B$36.8B$34.8B$35.8B$32.2B
Research and development$9.6B$9.3B$8.0B$7.6B$6.8B
Operating expenses$25.5B$25.0B$22.6B$20.7B$18.3B
Operating income$15.4B$11.8B$12.2B$15.0B$14.0B
Interest expense$1.5B$1.6B$1.0B$427.0M$360.0M
Pretax income$16.0B$11.1B$12.2B$15.3B$14.5B
Income tax expense$2.7B$920.0M$1.9B$2.7B$2.7B
Net income$13.3B$10.2B$10.3B$12.6B$11.8B
Balance Sheet
Cash and equivalents$7.2B$8.3B$7.5B$10.1B$7.1B
Current assets$38.7B$35.0B$36.9B$43.3B$36.7B
Total assets$129.6B$122.3B$124.4B$101.9B$94.0B
Current liabilities$41.5B$35.1B$40.6B$31.3B$25.6B
Total liabilities$79.4B$75.4B$79.0B$57.5B$54.2B
Total debt$23.0B$24.8B$20.3B$8.5B$9.0B
Stockholders' equity$50.3B$46.8B$45.5B$44.4B$39.8B
Cash Flow Statement
Cash from operations$14.2B$14.2B$10.9B$19.9B$13.2B
Depreciation and amortization$700.0M$700.0M$700.0M$700.0M$800.0M
Stock-based compensation$3.8B$3.6B$3.1B$2.4B$1.9B
Capital expenditure$1.4B$905.0M$670.0M$849.0M$477.0M
Free cash flow$12.8B$13.3B$10.2B$19.0B$12.7B
Dividends paid$6.6B$6.4B$6.4B$6.3B$6.2B
Share repurchases$6.1B$6.0B$5.8B$4.3B$7.7B

Shares outstanding 3.9B · Free float 99.9%

Annual filing data through FY ended July 25, 2026; float as of September 7, 2026.

Earnings

Other Coverage