CISCO SYSTEMS INC

For the period ended Jul 27, 2024. Filed Sep 5, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Sep 5, 2024

CSCO$98.65+5.1%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of Operations

(in millions, except per-share amounts)

Years Ended	July 27, 2024	July 29, 2023	July 30, 2022
REVENUE:
Product	$39,253	$43,142	$38,018
Services	14,550	13,856	13,539
Total revenue	53,803	56,998	51,557
COST OF SALES:
Product	14,339	16,590	14,814
Services	4,636	4,655	4,495
Total cost of sales	18,975	21,245	19,309
GROSS MARGIN	34,828	35,753	32,248
OPERATING EXPENSES:
Research and development	7,983	7,551	6,774
Sales and marketing	10,364	9,880	9,085
General and administrative	2,813	2,478	2,101
Amortization of purchased intangible assets	698	282	313
Restructuring and other charges	789	531	6
Total operating expenses	22,647	20,722	18,279
OPERATING INCOME	12,181	15,031	13,969
Interest income	1,365	962	476
Interest expense	(1,006)	(427)	(360)
Other income (loss), net	(306)	(248)	392
Interest and other income (loss), net	53	287	508
INCOME BEFORE PROVISION FOR INCOME TAXES	12,234	15,318	14,477
Provision for income taxes	1,914	2,705	2,665
NET INCOME	$10,320	$12,613	$11,812
Net income per share:
Basic	$2.55	$3.08	$2.83
Diluted	$2.54	$3.07	$2.82
Shares used in per-share calculation:
Basic	4,043	4,093	4,170
Diluted	4,062	4,105	4,192

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.