Company Analysis

Cisco Systems, Inc. (CSCO)

Nasdaq: CSCO · Computer Communications Equipment · San Jose, CA · filing with the SEC since 1995
Grade6.4
◀ Past 7.5● Present 6.1▶ Future 5.6
The companyfiscal 2026, as filed
Revenue$63.33B+11.8%
Net income$13.27B+30.3%
Earnings per share$3.33+30.6%
Operating cash flow$14.18B-0.1%
Cash$7.22B-13.5%
Debt$22.87B-7.1%
Shareholders’ equity$50.28B+7.3%
Shares, diluted3.99B-0.3%
Return on equity26.4%
The recordfrom its filings
Filings in 2026141
Newest filingNov 12 · 4
Annual reportSep 2, 2026
Quarterly reportMay 19, 2026
Next report due10-Q by Dec 10
Insider sales, 12 months$106M
Insider buys, 12 months$0.00
Patents granted22,943
Filer categoryLarge accelerated filer
Trailing twelve months to Jul 2026Revenue $63.33BNet income $13.27BCash from operations $14.18Bthe four newest filed quarters added
Left: the newest annual report, with the change on the year before. Right: counted from the company's own filings with the SEC.
Revenue and net income by fiscal yearRevenueNet income
17181920212223242526
As filed, in USD. Nothing here is a forecast.

The company now

Cisco closed its fiscal year on 25 July 2026 with revenue of $63.3 billion, up 12 percent, and net income of $13.3 billion, up 30 percent 1. The fourth quarter alone brought record revenue of $17.3 billion, up 18 percent 1.

The cause is artificial intelligence: the largest cloud companies, which Cisco calls hyperscalers, ordered $9.3 billion of its AI networking gear during fiscal 2026 1. Those customers made up about 6 percent of revenue, against less than 2 percent a year earlier, and Networking sales rose 22 percent 2.

The growth has a cost: memory chips grew dearer, and inventories, the parts and products waiting to ship, rose to $5.7 billion from $3.2 billion 2. In May Cisco announced a restructuring costing up to $1 billion, and Reuters reported it would cut nearly 4,000 jobs to move money toward silicon, optics, security and AI 34.

The open question is whether the demand lasts: Cisco guided fiscal 2027 revenue of $72.2 billion to $73.4 billion and expects about $7.5 billion of AI revenue from hyperscalers 1. Its own annual report warns that these few buyers can delay or cancel orders, and that some can design their own networking gear 2.

As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.

News

Nov 12, 2026 · SEC EDGAR · Form 4
Insider trade report
Open the filing on sec.gov
Nov 12, 2026 · SEC EDGAR · Form 4
Insider trade report
Open the filing on sec.gov
Nov 12, 2026 · SEC EDGAR · Form 4
Insider trade report
Open the filing on sec.gov
Nov 12, 2026 · SEC EDGAR · Form 4
Insider trade report
Open the filing on sec.gov
Nov 12, 2026 · SEC EDGAR · Form 4
Insider trade report
Open the filing on sec.gov
Nov 12, 2026 · SEC EDGAR · Form 4
Insider trade report
Open the filing on sec.gov
Nov 12, 2026 · SEC EDGAR · Form 4
Insider trade report
Open the filing on sec.gov
Nov 12, 2026 · SEC EDGAR · Form 8-K
Results released
Open the filing on sec.gov
Nov 10, 2026 · SEC EDGAR · Form SCHEDULE 13G
Large holder notice
Open the filing on sec.gov
An outside story is shown by its headline, its source and its link only. The SI reads the page when you ask it to break one down.
SI Assistanton CSCO · research, not advice