CISCO SYSTEMS, INC.

For the period ended Jul 25, 2026. Filed Sep 2, 2026.

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.

FY2026 · Filed Sep 2, 2026

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 25, 2026	July 26, 2025	July 27, 2024
REVENUE:
Product	$48,295	$41,608	$39,253
Services	15,030	15,046	14,550
Total revenue	63,325	56,654	53,803
COST OF SALES:
Product	17,781	15,121	14,339
Services	4,684	4,743	4,636
Total cost of sales	22,465	19,864	18,975
GROSS MARGIN	40,860	36,790	34,828
OPERATING EXPENSES:
Research and development	9,563	9,300	7,983
Sales and marketing	11,559	10,966	10,364
General and administrative	2,761	2,992	2,813
Amortization of purchased intangible assets	916	1,028	698
Restructuring and other charges	693	744	789
Total operating expenses	25,492	25,030	22,647
OPERATING INCOME	15,368	11,760	12,181
Interest income	866	1,001	1,365
Interest expense	(1,470)	(1,593)	(1,006)
Other income (loss), net	1,245	(68)	(306)
Interest and other income (loss), net	641	(660)	53
INCOME BEFORE PROVISION FOR INCOME TAXES	16,009	11,100	12,234
Provision for income taxes	2,742	920	1,914
NET INCOME	$13,267	$10,180	$10,320
Net income per share:
Basic	$3.36	$2.56	$2.55
Diluted	$3.33	$2.55	$2.54
Shares used in per-share calculation:
Basic	3,953	3,976	4,043
Diluted	3,987	3,998	4,062

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.