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

Cisco Systems' (CSCO) quarterly Net Margin came in at 21.29% in Q2 2026, up 369.0% year-on-year from 4.54% in Q2 2025, and up 2.94% quarter-over-quarter from 20.69% in Q1 2026.

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

Cisco Systems has disclosed Net Margin across 18 years of filings, most recently posting 21.29% for Q2 2026.

  • Net Margin for Q2 2026 came in at 21.29%, up 369.0% year-over-year; the trailing twelve-month figure through Apr 2026 was 19.69% (up 208.0% YoY), and the FY2025 annual result was 17.97%, down 121.0% from the prior year.
  • Net Margin came in at 21.29% for Q2 2026 at Cisco Systems, up from 20.69% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 26.03% in Q3 2023 to a low of 14.85% in Q2 2024.
  • The 5-year median for Net Margin is 20.5% (2023), against an average of 20.33%.
  • Across the five-year window, Net Margin surged 522 bps in 2023 and plunged 1019 bps in 2024, its largest moves.
  • Cisco Systems' Net Margin stood at 19.59% in 2022, then climbed by 27 bps to 24.8% in 2023, then declined by 21 bps to 19.59% in 2024, then dropped by 2 bps to 19.22% in 2025, then increased by 11 bps to 21.29% in 2026.
  • The last three Net Margin figures came in at 21.29% (Q2 2026), 20.69% (Q1 2026), and 19.22% (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Cisco Systems 480.96 Bn 464.32 Bn 10.08 Bn 21.29%
2 Ciena 69.17 Bn 67.87 Bn 625.52 Mn 10.53%
3 Motorola Solutions 68.03 Bn 67.17 Bn 1.36 Bn 13.56%
4 Hewlett Packard Enterprise 65.63 Bn 60.79 Bn 8.25 Bn 4.55%
5 Lumentum Holdings 61.32 Bn 58.15 Bn 357.00 Mn 17.63%
6 Ubiquiti 34.34 Bn 33.97 Bn 370.71 Mn 29.68%
7 AST SpaceMobile 27.21 Bn 27.79 Bn -69.36 Mn -1,693.80%
8 Applied Optoelectronics 13.45 Bn 13.01 Bn 43.92 Mn -9.45%
9 Zebra Technologies 11.38 Bn 11.26 Bn 742.00 Mn 9.03%
10 Viavi Solutions 10.76 Bn 10.75 Bn 234.10 Mn 1.57%

Historic Data

Download Data
DateValue
Apr 25, 2026 21.29%
Jan 24, 2026 20.69%
Oct 25, 2025 19.22%
Jul 26, 2025 17.38%
Apr 26, 2025 17.61%
Jan 25, 2025 17.35%
Oct 26, 2024 19.59%
Jul 27, 2024 15.85%
Apr 27, 2024 14.85%
Jan 27, 2024 20.59%
Oct 28, 2023 24.80%
Jul 29, 2023 26.03%
Apr 29, 2023 22.04%
Jan 28, 2023 20.40%
Oct 29, 2022 19.59%
Jul 30, 2022 21.49%
Apr 30, 2022 23.72%
Jan 29, 2022 23.37%
Oct 30, 2021 23.10%
Jul 31, 2021 22.92%