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Screener / SEC EDGAR /CIK 0000858877 /10-K filed Sep 2, 2026, compared with Sep 3, 2025 /Numbers from the XBRL of the 10-Ks
Technology peers:
ORCLSMCIINTCCSCOHPQIBM
Nasdaq Technology · Networking Equipment

Cisco CSCO

CSCO quote by TradingView

Cisco designs and sells a broad range of technologies including hardware, software, and artificial intelligence (AI) powered digital infrastructure to power, help secure, and draw insights from the Internet. 10-K, Item 1

Employees
82,400
Headquarters
San Jose, CA
CEO
Charles Robbins
Next results
around Feb 10, 2027
Compare with peers Embed

Where each dollar of revenue went, FY2026

Revenue of $63.3B through the costs to a net profit of $13.3B · income statement of the 10-K

24% operating margin
Revenue to Gross profit: $40.9BRevenue to Cost of revenue: $22.5BGross profit to Operating profit: $15.4BGross profit to Operating expenses: $25.5BOperating profit to Net profit: $12.6BOperating profit to Tax: $2.7BOther income to Net profit: $641.0MOperating expenses to R&D: $9.6BOperating expenses to Sales, admin & other: $15.9B Revenue: $63.3B REVENUE $63.3B +12% Y/Y Gross profit: $40.9B · 65% margin GROSS PROFIT $40.9B 65% margin · +11% Y/Y Cost of revenue: $22.5B · 35% of revenue COST OF REVENUE $22.5B 35% of revenue Operating profit: $15.4B · 24% margin OPERATING PROFIT $15.4B 24% margin · +31% Y/Y Other income: $641.0M · 1% of revenue OTHER INCOME $641.0M 1% of revenue Operating expenses: $25.5B · 40% of revenue OPERATING EXPENSES $25.5B 40% of revenue Net profit: $13.3B · 21% margin NET PROFIT $13.3B 21% margin · +30% Y/Y Tax: $2.7B · 4% of revenue TAX $2.7B 4% of revenue R&D: $9.6B · 15% of revenue R&D $9.6B 15% of revenue Sales, admin & other: $15.9B · 25% of revenue SALES, ADMIN & OTHER $15.9B 25% of revenue
Gross profit $40.9B 65% margin · +11% Y/Y
Operating profit $15.4B 24% margin · +31% Y/Y
Net profit $13.3B 21% margin · +30% Y/Y
The full income statement, year by year

CSCO among Technology peers

Six ratios from the latest 10-K. Each corner is the share of 74 peers the company is above, not a score.

Compare
Revenue growth: 11.8%, above 39% of 74 peers (their median 14.1%) REVENUE GROWTH 11.8% · above 39% Gross margin: 64.5%, above 60% of 67 peers (their median 56.4%) GROSS MARGIN 64.5% · above 60% Operating margin: 24.3%, above 53% of 70 peers (their median 22.2%) OPERATING MARGIN 24.3% · above 53% Net margin: 21.0%, above 53% of 74 peers (their median 18.9%) NET MARGIN 21.0% · above 53% FCF margin: 20.2%, above 43% of 70 peers (their median 23.7%) FCF MARGIN 20.2% · above 43% Return on capital: 16.0%, above 61% of 61 peers (their median 12.6%) RETURN ON CAPITAL 16.0% · above 61%
CSCO Peer median Below the median

What changed

15 new risk paragraphs and 1 accounting fact worth reading about. 10-K filed Sep 2, 2026 against Sep 3, 2025.

Risk factors
15 new paragraphs, nothing like them in the previous 10-K
10-K Item 1A
Inventory growing faster than revenue
Inventory +80.0% vs revenue +11.8% (+68.2 pts)
10-K · XBRL
Accounting checks
10 other checks clear, 1 worth a look
10-K · XBRL
Insiders
No open-market buys in the last 90 days
Form 4
Filings
0 in the last 30 days
EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

11 checks on the latest 10-K. Checks, not verdicts.

How it works

1fact worth reading about the other 10 checks found nothing to note

  • Inventory growing faster than revenue
    Inventory +80.0% vs revenue +11.8% (+68.2 pts)
  • Receivables +11.5% vs revenue +11.8% (-0.3 pts)
9 more checks with nothing to note
  • Cash from operations $14.2B vs net income $13.3B (FY ending Jul 25, 2026)
  • Same auditor in both 10-Ks: PricewaterhouseCoopers LLP
  • No statement of substantial doubt about going concern
  • No 8-K item 4.02 in the last 2 years
  • No NT 10-K or NT 10-Q in the last 2 years
  • The same matters as last year: Revenue Recognition for Certain Products and Services
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 2.06 in the last 2 years
  • No 8-K item 1.03 in the last 2 years

In their words

15 paragraphs in Risk Factors that were not in the 10-K filed Sep 3, 2025. Quoted as filed.

All 15 new paragraphs
  1. Item 1A · new paragraph · not in the 10-K filed Sep 3, 2025 10-K, ITEM 1A
    Our growth and ability to meet customer demands depend in part on our ability to obtain timely component deliveries from our suppliers and contract manufacturers. We have experienced past component shortages, including those caused by
  2. Item 1A · new paragraph · not in the 10-K filed Sep 3, 2025 10-K, ITEM 1A
    For additional information and a further discussion of impacts and risks related to cybersecurity matters, see the risk factors under the “Item 1A. Risk Factors— Risk Related to Cybersecurity, Privacy, and Regulatory Requirements” heading.
  3. Item 1A · new paragraph · not in the 10-K filed Sep 3, 2025 10-K, ITEM 1A
    Third parties, including customers, have asserted and may in the future assert claims or initiate litigation relating to patents, copyrights, trademarks, and other intellectual property rights covering technologies or standards relevant to our business. Such claims have increased over time due to our growth, developments in patent…

New risk paragraphs, against peers

Latest 10-K of each, Technology companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2023FY2024FY2025FY2026
Revenue$57.0B$53.8B$56.7B$63.3B
Net income$12.6B$10.3B$10.2B$13.3B
Operating cash flow$19.9B$10.9B$14.2B$14.2B
Free cash flow$19.0B$10.2B$13.3B$12.8B

Revenue, FY2017 to FY2026

Ten fiscal years, each from its own 10-K · XBRL · USD

$63.3B ▲ 11.8% in FY2026

FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Every number, year by year

Recent filings

No new filings in the last 30 days · SEC EDGAR

All filings

Nothing new. The most recent filings:

About the company

Cisco, San Jose, CA · from the 10-K filed Sep 2, 2026

Cisco designs and sells a broad range of technologies including hardware, software, and artificial intelligence (AI) powered digital infrastructure to power, help secure, and draw insights from the Internet. We are incorporating AI into our product portfolios across networking, security, collaboration and observability, as well as integrating our products more tightly together into a platform. We are simplifying how our technology is delivered, managed and optimized and helping customers maximize the business value of their technology investments.

Headquarters
San Jose, CA
Country
United States
Reports in
USD
Listed on
Nasdaq
Fiscal year ends
July 31
Last results
Aug 12, 2026
Incorporated in
DE

Employees, at the top of the page: "As of July 25, 2026, we had approximately 82,400 employees and they are categorized as follows: Compensation and Benefits Our total compensation philosophy is designed to attract, reward, and retain talent" (10-K). Address and exchange: SEC's company file.

Email alerts

Sources

The 10-K filed Sep 2, 2026 (open at SEC), compared with the 10-K filed Sep 3, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

Work with it: Excel workbook · CSV. Google Sheet that stays up to date: paste =IMPORTDATA("https://tickdelta.com/company/CSCO/export.csv") into a cell.