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

Cisco Systems (CSCO) posted Net Margin of 21.29% for Q2 2026, up 2.94% sequentially from 20.69% in Q1 2026, and up 369.0% YoY from 4.54% in Q2 2025.

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

Cisco Systems has reported Net Margin for 18 years, with the latest figure at 21.29% in Q2 2026.

Quarterly Net Margin rose 369.0% year-over-year to 21.29% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 19.69% (up 208.0% YoY) and the FY2025 annual result came in at 17.97%, down 121.0% from the prior year.
Net Margin advanced to 21.29% in Q2 2026 per CSCO's latest filing, from 20.69% in the prior quarter.
Over five years, Net Margin peaked at 26.03% in Q3 2023 and troughed at 14.85% in Q2 2024.
A 5-year average of 20.33% and a median of 20.5% in 2023 frame the typical range for Net Margin.
The sharpest annual moves came in 2023 and 2024: Net Margin jumped 522 bps in 2023, then plunged 1019 bps in 2024.
Over 5 years, Net Margin stood at 19.59% in 2022, then increased by 27 bps to 24.8% in 2023, then retreated by 21 bps to 19.59% in 2024, then fell by 2 bps to 19.22% in 2025, then gained by 11 bps to 21.29% in 2026.
According to Business Quant data, Net Margin over the past three periods registered 21.29%, 20.69%, and 19.22% for Q2 2026, Q1 2026, and Q4 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Net Margin (Qtr)
1	Cisco Systems	440.02 Bn	423.38 Bn	10.08 Bn	21.29%
2	Hewlett Packard Enterprise	77.69 Bn	72.40 Bn	3.94 Bn	5.57%
3	Motorola Solutions	77.25 Bn	76.56 Bn	1.68 Bn	17.81%
4	Lumentum Holdings	66.40 Bn	63.23 Bn	357.00 Mn	17.63%
5	Nokia	61.84 Bn	54.37 Bn	10.09 Bn	14,733.33%
6	Ciena	60.71 Bn	59.51 Bn	691.55 Mn	13.89%
7	Ubiquiti	34.65 Bn	34.28 Bn	370.71 Mn	29.68%
8	Ericsson Lm Telephone	34.62 Bn	28.92 Bn	2.58 Bn	7.68%
9	AST SpaceMobile	27.62 Bn	28.12 Bn	9.12 Mn	-951.52%
10	Zebra Technologies	17.79 Bn	17.63 Bn	825.00 Mn	14.96%

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