Cisco Systems (CSCO) Gross Margin (2009 - 2026)
Cisco Systems' (CSCO) quarterly Gross Margin came in at 64.13% in Q3 2026, up 88.0% year-over-year from 34.11% in Q3 2025, and up 0.78% quarter-over-quarter from 63.63% in Q2 2026.
Analysis
Cisco Systems (CSCO) Gross Margin (2009 - 2026) Analysis & Trends
Cisco Systems has disclosed Gross Margin across 18 years of filings, most recently posting 64.13% for Q3 2026.
- In Q3 2026, Gross Margin rose 88.0% year-over-year to 64.13%; the TTM figure through Jul 2026 stood at 64.52% (down 41.0% YoY), while the FY2026 annual figure was 64.52%, down 41.0% from the prior year.
- Gross Margin came in at 64.13% for Q3 2026 at Cisco Systems, up from 63.63% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 65.9% in Q4 2024 to a low of 61.22% in Q4 2022.
- Average Gross Margin over 5 years is 63.97%, with a median of 64.13% recorded in 2026.
- Year-over-year, Gross Margin tumbled 232 bps in 2022 and soared 393 bps in 2023.
- Over 5 years, Gross Margin stood at 61.22% in 2022, then gained by 6 bps to 65.16% in 2023, then increased by 1 bps to 65.9% in 2024, then declined by 1 bps to 65.48% in 2025, then declined by 2 bps to 64.13% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 64.13% in Q3 2026, 63.63% in Q2 2026, and 64.97% in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 430.90 Bn | 415.39 Bn | 11.06 Bn | 64.13% |
| 2 | Ciena | 45.56 Bn | 42.93 Bn | 759.27 Mn | 45.43% |
| 3 | Ubiquiti | 35.05 Bn | 34.43 Bn | 429.25 Mn | 45.80% |
| 4 | Ericsson Lm Telephone | 34.05 Bn | 14.63 Bn | 2.58 Bn | 45.78% |
| 5 | Applied Optoelectronics | 8.91 Bn | 8.41 Bn | 53.21 Mn | 27.72% |
| 6 | Amdocs | 6.75 Bn | 6.58 Bn | 467.16 Mn | 39.76% |
| 7 | Extreme Networks | 2.85 Bn | 2.64 Bn | 210.49 Mn | 62.17% |
| 8 | Digi International | 2.63 Bn | 2.60 Bn | 89.93 Mn | 64.85% |
| 9 | Nextnav | 2.54 Bn | 2.54 Bn | -905,000.00 | -78.70% |
| 10 | Calix | 2.26 Bn | 2.07 Bn | 160.12 Mn | 54.59% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 25, 2026 | 64.13% |
| Apr 25, 2026 | 63.63% |
| Jan 24, 2026 | 64.97% |
| Oct 25, 2025 | 65.48% |
| Jul 26, 2025 | 63.25% |
| Apr 26, 2025 | 65.57% |
| Jan 25, 2025 | 65.12% |
| Oct 26, 2024 | 65.90% |
| Jul 27, 2024 | 64.37% |
| Apr 27, 2024 | 65.13% |
| Jan 27, 2024 | 64.24% |
| Oct 28, 2023 | 65.16% |
| Jul 29, 2023 | 64.12% |
| Apr 29, 2023 | 63.36% |
| Jan 28, 2023 | 62.00% |
| Oct 29, 2022 | 61.22% |
| Jul 30, 2022 | 61.25% |
| Apr 30, 2022 | 63.27% |
| Jan 29, 2022 | 63.28% |
| Oct 30, 2021 | 62.43% |