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| Date | Value |
|---|---|
| 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% |