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CSCO · Nasdaq · United States · Computer Communications Equipment
In shortCISCO SYSTEMS, INC. is profitable, generates cash and carries moderate debt, with revenue growing (+11.8% last year).
Financial health
Strong
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 24.3% | 98/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 21.0% | 100/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 27.3% | 100/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 16.0% | 100/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 0.93× | 11/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.59× | 78/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 0.85× | 90/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 10.45× | 85/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 1.36 | 7/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 20.2% | 100/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 0.96× | 83/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 5 | 67/100 |
| Revenue growth volatility | 6.9% | 85/100 |
| Operating margin volatility | 2.6% | 85/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 3.6% | 37/100 |
|---|---|---|
| EPS growth, 3-year average | 2.7% | 39/100 |
Weight in the score: 10%
Fiscal year 2026 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 51,557 | 56,998 | 53,803 | 56,654 | 63,325 |
| Cost of revenue | 19,309 | 21,245 | 18,975 | 19,864 | 22,465 |
| Gross profit | 32,248 | 35,753 | 34,828 | 36,790 | 40,860 |
| Research & development | 6,774 | 7,551 | 7,983 | 9,300 | 9,563 |
| Operating income | 13,969 | 15,031 | 12,181 | 11,760 | 15,368 |
| Interest expense | 360 | 427 | 1,006 | 1,593 | 1,470 |
| Pre-tax income | 14,477 | 15,318 | 12,234 | 11,100 | 16,009 |
| Income tax | 2,665 | 2,705 | 1,914 | 920 | 2,742 |
| Net income | 11,812 | 12,613 | 10,320 | 10,180 | 13,267 |
| Diluted EPS | $2.82 | $3.07 | $2.54 | $2.55 | $3.33 |
| Diluted shares (millions) | 4,192 | 4,105 | 4,062 | 3,998 | 3,987 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
1.36 Grey zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
7/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jul 25, 2026 · Data updated Sep 2, 2026