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.
Powered by 
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 | Apple | 4,923.51 Bn | 4,861.11 Bn | 54.77 Bn | 50.06% |
| 2 | Cisco Systems | 419.97 Bn | 404.45 Bn | 11.06 Bn | 64.13% |
| 3 | Dell Technologies | 351.63 Bn | 340.06 Bn | 9.83 Bn | 20.93% |
| 4 | Sandisk | 265.22 Bn | 260.46 Bn | 7.58 Bn | 84.57% |
| 5 | Arista Networks | 256.62 Bn | 243.27 Bn | 1.91 Bn | 62.93% |
| 6 | Seagate Technology Holdings | 209.52 Bn | 207.82 Bn | 1.90 Bn | 52.30% |
| 7 | Western Digital | 171.00 Bn | 169.42 Bn | 2.03 Bn | 54.12% |
| 8 | Sony | 142.68 Bn | 123.26 Bn | 6.53 Bn | 36.70% |
| 9 | Lumentum Holdings | 83.02 Bn | 80.28 Bn | 477.30 Mn | 47.43% |
| 10 | Hewlett Packard Enterprise | 82.82 Bn | 76.61 Bn | 4.93 Bn | 40.34% |
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% |
API Access
Cisco Systems Gross Margin 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=gross-margin&ticker=CSCO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=CSCO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();