Direct Answer
Cisco reports revenue across 3 business segments in its fiscal 2025 Form 10-K. Americas is the largest, with $33.7 billion of revenue (59% of the total), followed by Europe Middle East and Africa at $14.8 billion (26%).
How Does Cisco Make Money?
No single line supplies a majority of revenue: the largest, Americas, is 59%, which spreads Cisco's exposure across several demand drivers. Between fiscal 2024 and 2025, Asia Pacific Japan and China grew fastest (+5.9%) and Europe Middle East and Africa slowest (+5.0%), so the revenue mix tilts toward Asia Pacific Japan and China while that gap lasts.
| Segment | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
|---|---|---|---|---|
| Americas | $33.7 billion | $32.0 billion | 59.4% | 5.3% |
| Europe Middle East and Africa | $14.8 billion | $14.1 billion | 26.2% | 5.0% |
| Asia Pacific Japan and China | $8.2 billion | $7.7 billion | 14.4% | 5.9% |
What Does Cisco Sell?
Cisco also breaks revenue down by product and service line, which shows what customers pay for rather than how management organizes the business.
| Product or service | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
|---|---|---|---|---|
| Subscription Revenue Product | $17.8 billion | $14.1 billion | 31.4% | 26.3% |
| Service | $15.0 billion | $14.6 billion | 26.6% | 3.4% |
| Subscription Revenue Service | $13.7 billion | $13.3 billion | 24.3% | 3.3% |
| Security | $8.1 billion | $5.1 billion | 14.3% | 59.5% |
| Collaboration | $4.2 billion | $4.1 billion | 7.3% | 1.0% |
| Observability | $1.1 billion | $837 million | 1.9% | 26.0% |
What the Segment Figures Do Not Show
The rows above add up to 100% of Cisco's reported revenue for fiscal 2025; the difference is intersegment eliminations, corporate revenue or items the company reports outside its segments. Segment definitions are management's choice and change when a company reorganizes, in which case it restates prior years in the next filing, so a multi-year comparison should use the figures from a single filing. Revenue shows where sales come from, not where profit or cash is earned: a small segment can carry most of the margin.
Where These Numbers Come From
Every figure on this page is a value Cisco reported in the segment note and revenue disclosures of its Form 10-K filed September 3, 2025 (accession 0000858877-25-000111), read from the SEC's Financial Statement Data Sets. The prior-year column is the comparative figure from that same filing, so it reflects any restatement for a change in segments. Category names are the company's own XBRL labels, lightly reformatted for reading.
Rows that only total other rows (for example a "Products" line beside the individual products) are left out so nothing is counted twice. This page is educational and describes reported history for fiscal 2025; it is not a forecast or a recommendation.
Frequently Asked Questions
What are Cisco's business segments?
In its fiscal 2025 Form 10-K, Cisco reports revenue for Americas, Europe Middle East and Africa and Asia Pacific Japan and China.
Which part of Cisco brings in the most revenue?
Americas, with $33.7 billion of revenue in fiscal 2025, or 59% of the total.
Where does Cisco report its segment results?
In the segment note to the financial statements in its Form 10-K, most recently filed September 2, 2026, alongside management's discussion of each segment's results.