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Cisco reported revenue of $56.7 billion for the fiscal year ended July 26, 2025, with an operating margin of 20.8% and net income of $10.2 billion, according to its SEC filings. Revenue grew 5.3% from the prior year.

What Are Cisco's Key Financial Figures?

Fiscal yearFY2025
ended July 26, 2025
FY2024
ended July 27, 2024
FY2023
ended July 29, 2023
FY2022
ended July 30, 2022
Revenue$56.7 billion$53.8 billion$57.0 billion$51.6 billion
Operating income$11.8 billion$12.2 billion$15.0 billion$14.0 billion
Operating margin20.8%22.6%26.4%27.1%
Net income$10.2 billion$10.3 billion$12.6 billion$11.8 billion
Net margin18.0%19.2%22.1%22.9%
Operating cash flow$14.2 billion$10.9 billion$19.9 billion$13.2 billion
Capital expenditures$905 million$670 million$849 million$477 million
Free cash flow$13.3 billion$10.2 billion$19.0 billion$12.7 billion

Operating margin narrowed by 1.9 percentage points between fiscal 2024 and 2025, which separates pricing and cost discipline from revenue growth alone. Free cash flow (operating cash flow minus capital expenditures) was $13.3 billion against net income of $10.2 billion; cash generation covered reported earnings.

Bar chart of Cisco revenue, operating income, net income for fiscal 2022 to 2025. In fiscal 2025, revenue was $56.7 billion, operating income $11.8 billion and net income $10.2 billion.
Cisco revenue, operating income and net income by fiscal year, from the figures in the table above. Select the chart to open it full size.
Line chart of Cisco operating margin and net margin for fiscal 2022 to 2025. In fiscal 2025, operating margin was 20.8% and net margin was 18.0%.
Cisco operating margin and net margin by fiscal year: operating income and net income as a share of revenue. Select the chart to open it full size.
Bar chart of Cisco operating cash flow, capital expenditures, free cash flow for fiscal 2022 to 2025. In fiscal 2025, operating cash flow was $14.2 billion, capital expenditures was $905 million, free cash flow was $13.3 billion.
Cisco operating cash flow, capital expenditures and free cash flow by fiscal year. Select the chart to open it full size.

What Does Cisco's Balance Sheet Show?

Cash and cash equivalents$8.3 billion
Long-term debt$22.9 billion
Total assets$122 billion
Total liabilities$75.4 billion
Shareholders' equity$46.8 billion
Current ratio1.0x

Balance sheet values are as of the end of fiscal 2025. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions.

Where These Numbers Come From

Every figure on this page is a value Cisco reported in its own SEC filings, read from the SEC's XBRL data (accession 0000858877-26-000132 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.

Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.

Frequently Asked Questions

What was Cisco's revenue in fiscal 2025?

Cisco reported revenue of $56.7 billion for the fiscal year ended July 26, 2025, according to its SEC filings.

What is Cisco's operating margin?

Cisco's operating margin was 20.8% in fiscal 2025: operating income of $11.8 billion on revenue of $56.7 billion.

How much free cash flow did Cisco generate?

Operating cash flow of $14.2 billion less capital expenditures of $905 million gives free cash flow of $13.3 billion for fiscal 2025.

References

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