The financials
Cisco by the numbers
Cisco (CSCO) reported revenue of $15.8B in Q3 2026 (quarter ended April 25, 2026), up 12% from the same quarter a year earlier. That came with a gross margin of 64% and net income of $3.37B (21% of revenue). For the full year FY2025, revenue was $56.7B (+5.3% year on year) and net income $10.2B. Its largest product in 2026-Q2 was Subscription Revenue Product at $4.43B, 30% of the disclosed total, just ahead of Service at 25%.
| Income statement | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Revenue | $15.8B | $14.1B | +12% |
| Gross profit | $10.1B | $9.28B | +8.6% |
| Operating income | $3.96B | $3.20B | +24% |
| Net income | $3.37B | $2.49B | +35% |
| Diluted EPS | $0.85 | $0.62 | +37% |
| Product | Revenue | Share |
|---|---|---|
| Subscription Revenue Product | $4.43B | 30% |
| Service | $3.72B | 25% |
| Subscription Revenue Service | $3.36B | 23% |
| Security | $2.01B | 14% |
| Collaboration | $1.02B | 6.9% |
| Observability | $269M | 1.8% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $14.82B (-0.51%)
Observability grew +3.1% year on yearSubscription Revenue Service -2.2% year on year
Segment Latestquarter on quarteryear on year
- Subscription Revenue Product$4.43B$4.43BQoQ -0.94%year on year -1.1%-0.94%-1.1%
- Service$3.72B$3.72BQoQ +0.46%year on year -1.4%+0.46%-1.4%
- Subscription Revenue Service$3.36B$3.36BQoQ -0.09%year on year -2.2%-0.09%-2.2%
- Security$2.01B$2.01BQoQ -0.50%year on year -0.25%-0.50%-0.25%
- Collaboration$1.02B$1.02BQoQ -2.8%year on year -0.68%-2.8%-0.68%
- Observability$269.0M$269.0MQoQ -2.9%year on year +3.1%-2.9%+3.1%
Communication Equipment
Ranks #7 of 21 by Smart Score