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CSCO · Q4 FY2026 (May-Jul 2026)

Cisco Q4 FY2026
Out of every $100 in sales, $25 was operating profit

Next earnings: Wed, Nov 11 (expected)
Revenue
$17.3B
+18% vs. a year ago
Operating income
$4.3B
+38% vs. a year ago
Net income
$3.9B
+51% vs. a year ago
Operating margin
25%
21% → 25%

Where every $100 of sales went

Per $100 of sales
Revenue
$100
$17.3B
−Cost of revenue
−$36
$6.2B
Gross profit
$64
$11.1B
−R&D
−$14
$2.4B
−Sales & marketing
−$17
$3.0B
−G&A
−$3.9
$0.7B
−Other
−$4.3
$0.7B
Operating income
$25
$4.3B
−Taxes & non-operating items
−$2.3
$0.4B
Net income
$22
$3.9B

Last 8 quarters: revenue and operating income

17%FY25 Q122%FY25 Q223%FY25 Q321%FY25 Q423%FY26 Q125%FY26 Q225%FY26 Q325%FY26 Q4

Quarter by quarter

QuarterRevenueOperating incomeOperating marginNet income
Q4 FY2026 (May-Jul 2026)$17.3B$4.3B24.7%$3.9B
Q3 FY2026 (Feb-Apr 2026)$15.8B$4.0B25.0%$3.4B
Q2 FY2026 (Nov-Jan 2026)$15.3B$3.8B24.6%$3.2B
Q1 FY2026 (Aug-Oct 2025)$14.9B$3.4B22.6%$2.9B
Q4 FY2025 (May-Jul 2025)$14.7B$3.1B21.0%$2.5B
Q3 FY2025 (Feb-Apr 2025)$14.1B$3.2B22.6%$2.5B
Q2 FY2025 (Nov-Jan 2025)$14.0B$3.1B22.3%$2.4B
Q1 FY2025 (Aug-Oct 2024)$13.8B$2.4B17.0%$2.7B

XBRL figures from the company's 10-Q and 10-K filings with the SEC. The fourth quarter is the full year minus the first three. Where gross profit isn't reported, it is revenue minus cost of revenue. For information only, not investment advice.

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