Cisco Systems (CSCO) Net Margin (2009 - 2026)
Cisco Systems (CSCO) posted Net Margin of 22.37% for fiscal Q4 2026 (quarter ended Jul 25, 2026), up 4.99 percentage points from 17.38% a year earlier and up 1.08 percentage points from the prior quarter.
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Analysis
Cisco Systems (CSCO) Net Margin (2009 - 2026) Analysis & Trends
For FY2026 (ended Jul 25, 2026), Cisco Systems' Net Margin came in at 20.95%, up 2.98 percentage points from FY2025.
- Annual Net Margin shows a five-year change of -0.31 percentage points (FY2021 to FY2026).
- In prior fiscal years, Cisco Systems' Net Margin was 17.97% in FY2025 (-1.21 pp), 19.18% in FY2024 (-2.95 pp), 22.13% in FY2023 (-0.78 pp) and 22.91% in FY2022 (+1.65 pp).
- The fiscal Q4 2026 figure stands as the highest quarterly Net Margin since fiscal Q1 2024.
- On a year-over-year basis, Net Margin has increased in each of the last three quarters, with an average year-over-year change of +0.93 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Net Margin in the past five years was fiscal Q1 2024, with a gain of 5.22 percentage points; the weakest was fiscal Q4 2024, with a drop of 10.19 percentage points.
- According to Business Quant data, Net Margin for the three prior fiscal quarters was 21.29% (Q3 2026), 20.69% (Q2 2026) and 19.22% (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,982.68 Bn | 4,730.17 Bn | 54.77 Bn | 27.23% |
| 2 | Cisco Systems | 421.04 Bn | 356.97 Bn | 11.06 Bn | 22.37% |
| 3 | Dell Technologies | 360.24 Bn | 315.99 Bn | 9.83 Bn | 8.80% |
| 4 | Arista Networks | 260.49 Bn | 213.94 Bn | 1.91 Bn | 39.95% |
| 5 | Sandisk | 259.56 Bn | 248.08 Bn | 7.58 Bn | 77.00% |
| 6 | Seagate Technology Holdings | 207.93 Bn | 202.92 Bn | 1.90 Bn | 35.66% |
| 7 | Western Digital | 164.91 Bn | 153.04 Bn | 2.03 Bn | 85.27% |
| 8 | Sony | 144.83 Bn | 95.22 Bn | 6.53 Bn | 12.33% |
| 9 | Hewlett Packard Enterprise | 83.59 Bn | 61.47 Bn | 4.93 Bn | 12.61% |
| 10 | Lumentum Holdings | 83.43 Bn | 75.24 Bn | 477.30 Mn | -711.69% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 25, 2026 | 22.37% |
| 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% |
API Access
Cisco Systems Net 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=net-margin&ticker=CSCO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=CSCO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();