Cisco Systems (CSCO) Gross Margin (2009 - 2026)

Cisco Systems' (CSCO) quarterly Gross Margin came in at 63.63% in Q2 2026, down 194.0% year-on-year from 67.69% in Q2 2025, and down 2.06% quarter-over-quarter from 64.97% in Q1 2026.

Cisco Systems (CSCO) Gross Margin (2009 - 2026) Analysis & Trends

Cisco Systems has disclosed Gross Margin across 18 years of filings, most recently posting 63.63% for Q2 2026.

  • Gross Margin for Q2 2026 came in at 63.63%, down 194.0% year-over-year; the trailing twelve-month figure through Apr 2026 was 64.33% (down 92.0% YoY), and the FY2025 annual result was 64.94%, up 21.0% from the prior year.
  • Gross Margin came in at 63.63% for Q2 2026 at Cisco Systems, down from 64.97% 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.
  • The 5-year median for Gross Margin is 64.18% (2024), against an average of 63.96%.
  • Across the five-year window, Gross Margin plunged 232 bps in 2022 and surged 393 bps in 2023, its largest moves.
  • Cisco Systems' 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 decreased by 3 bps to 63.63% in 2026.
  • The last three Gross Margin figures came in at 63.63% (Q2 2026), 64.97% (Q1 2026), and 65.48% (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Cisco Systems 480.96 Bn 464.32 Bn 10.08 Bn 63.63%
2 Ciena 69.17 Bn 67.87 Bn 625.52 Mn 43.83%
3 Motorola Solutions 68.03 Bn 67.17 Bn 1.36 Bn 50.18%
4 Hewlett Packard Enterprise 65.63 Bn 60.79 Bn 8.25 Bn 88.72%
5 Lumentum Holdings 61.32 Bn 58.15 Bn 357.00 Mn 44.16%
6 Ubiquiti 34.34 Bn 33.97 Bn 370.71 Mn 47.03%
7 AST SpaceMobile 27.21 Bn 27.79 Bn -69.36 Mn -470.73%
8 Applied Optoelectronics 13.45 Bn 13.01 Bn 43.92 Mn 29.06%
9 Zebra Technologies 11.38 Bn 11.26 Bn 742.00 Mn 49.63%
10 Viavi Solutions 10.76 Bn 10.75 Bn 234.10 Mn 57.55%

Historic Data

Download Data
DateValue
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%
Jul 31, 2021 63.57%