Cisco Systems (CSCO) Gross Margin (2009 - 2026)
Cisco Systems (CSCO) posted Gross Margin of 64.13% for fiscal Q4 2026 (quarter ended Jul 25, 2026), up 0.88 percentage points from 63.25% a year earlier and up 0.49 percentage points from the prior quarter.
Powered by 
Analysis
Cisco Systems (CSCO) Gross Margin (2009 - 2026) Analysis & Trends
For FY2026 (ended Jul 25, 2026), Cisco Systems' Gross Margin came in at 64.52%, down 0.41 percentage points from FY2025.
- Annual Gross Margin shows a five-year change of +0.50 percentage points (FY2021 to FY2026).
- In prior fiscal years, Cisco Systems' Gross Margin was 64.94% in FY2025 (+0.21 pp), 64.73% in FY2024 (+2.01 pp), 62.73% in FY2023 (+0.18 pp) and 62.55% in FY2022 (-1.47 pp).
- Quarterly Gross Margin has run from a low of 61.22% in fiscal Q1 2023 to a high of 65.90% in fiscal Q1 2025 over five years.
- On a year-over-year basis, Gross Margin increased in four of the last eight quarters, with an average year-over-year change of -0.09 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was fiscal Q1 2024, with a gain of 3.93 percentage points; the weakest was fiscal Q4 2022, with a drop of 2.32 percentage points.
- According to Business Quant data, Gross Margin for the three prior fiscal quarters was 63.63% (Q3 2026), 64.97% (Q2 2026) and 65.48% (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,023.53 Bn | 4,771.02 Bn | 54.77 Bn | 50.06% |
| 2 | Cisco Systems | 434.59 Bn | 370.52 Bn | 11.06 Bn | 64.13% |
| 3 | Dell Technologies | 303.32 Bn | 259.08 Bn | 9.83 Bn | 20.93% |
| 4 | Arista Networks | 233.08 Bn | 186.53 Bn | 1.91 Bn | 62.93% |
| 5 | Sandisk | 204.99 Bn | 193.51 Bn | 7.58 Bn | 84.57% |
| 6 | Seagate Technology Holdings | 151.41 Bn | 146.40 Bn | 1.90 Bn | 52.30% |
| 7 | Sony | 147.67 Bn | 84.93 Bn | 6.53 Bn | 36.70% |
| 8 | Western Digital | 122.89 Bn | 111.02 Bn | 2.03 Bn | 54.12% |
| 9 | Hewlett Packard Enterprise | 78.34 Bn | 56.22 Bn | 4.93 Bn | 40.34% |
| 10 | Lumentum Holdings | 64.86 Bn | 56.67 Bn | 477.30 Mn | 47.43% |
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();