Cisco Systems (CSCO) Cost of Revenue (2009 - 2026)
Cisco Systems (CSCO) reported Cost of Revenue of $6.19 billion for fiscal Q4 2026 (quarter ended Jul 25, 2026), up 14.8% from $5.39 billion a year earlier and up 7.4% from the prior quarter.
Cisco Systems (CSCO) Cost of Revenue (2009 - 2026) Analysis & Trends
For FY2026 (ended Jul 25, 2026), Cisco Systems posted Cost of Revenue of $22.47 billion, up 13.1% from FY2025.
- Cost of Revenue has a five-year compound annual growth rate of 4.6% (FY2021 to FY2026).
- By fiscal year, Cost of Revenue came in at $19.86 billion in FY2025 (+4.7%), $18.98 billion in FY2024 (-10.7%), $21.25 billion in FY2023 (+10.0%) and $19.31 billion in FY2022 (+7.7%).
- The fiscal Q4 2026 figure ranks as the highest quarterly Cost of Revenue in data going back to fiscal Q2 2009.
- Year over year, Cost of Revenue has now increased in each of the last seven quarters, with growth averaging 9.0% over the last eight quarters.
- The high point for year-over-year Cost of Revenue in five years was fiscal Q3 2026 (growth of 18.3%); the low point was fiscal Q3 2024 (a decline of 17.0%).
- Per Business Quant data, the three fiscal quarters before Q4 2026 came in at $5.76 billion (Q3 2026), $5.38 billion (Q2 2026) and $5.14 billion (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,023.53 Bn | 4,771.02 Bn | 54.77 Bn | 54.65 Bn |
| 2 | Cisco Systems | 434.59 Bn | 370.52 Bn | 11.06 Bn | 6.19 Bn |
| 3 | Dell Technologies | 303.32 Bn | 259.08 Bn | 9.83 Bn | 37.14 Bn |
| 4 | Arista Networks | 233.08 Bn | 186.53 Bn | 1.91 Bn | 1.13 Bn |
| 5 | Sandisk | 204.99 Bn | 193.51 Bn | 7.58 Bn | 1.38 Bn |
| 6 | Seagate Technology Holdings | 151.41 Bn | 146.40 Bn | 1.90 Bn | 1.73 Bn |
| 7 | Sony | 147.67 Bn | 84.93 Bn | 6.53 Bn | 11.27 Bn |
| 8 | Western Digital | 122.89 Bn | 111.02 Bn | 2.03 Bn | 1.72 Bn |
| 9 | Hewlett Packard Enterprise | 78.34 Bn | 56.22 Bn | 4.93 Bn | 7.29 Bn |
| 10 | Lumentum Holdings | 64.86 Bn | 56.67 Bn | 477.30 Mn | 509.80 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 25, 2026 | 6.19 Bn |
| Apr 25, 2026 | 5.76 Bn |
| Jan 24, 2026 | 5.38 Bn |
| Oct 25, 2025 | 5.14 Bn |
| Jul 26, 2025 | 5.39 Bn |
| Apr 26, 2025 | 4.87 Bn |
| Jan 25, 2025 | 4.88 Bn |
| Oct 26, 2024 | 4.72 Bn |
| Jul 27, 2024 | 4.86 Bn |
| Apr 27, 2024 | 4.43 Bn |
| Jan 27, 2024 | 4.57 Bn |
| Oct 28, 2023 | 5.11 Bn |
| Jul 29, 2023 | 5.46 Bn |
| Apr 29, 2023 | 5.34 Bn |
| Jan 28, 2023 | 5.17 Bn |
| Oct 29, 2022 | 5.29 Bn |
| Jul 30, 2022 | 5.08 Bn |
| Apr 30, 2022 | 4.71 Bn |
| Jan 29, 2022 | 4.67 Bn |
| Oct 30, 2021 | 4.85 Bn |
Cisco Systems Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=CSCO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "CSCO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=CSCO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();