Filing Flows › Cisco Systems (CSCO) › Gross margin
Cisco Systems (CSCO) gross margin by quarter
Cisco Systems' gross margin was 64.1% in Q4 FY26 (fourth quarter fiscal 2026), +0.5 pts from Q3 FY26. Over the last 7 quarters it ranged from 63.2% (Q4 FY25) to 65.6% (Q3 FY25).
| Quarter | Gross margin | Q/Q | Y/Y |
|---|---|---|---|
| Q4 FY26 | 64.1% | +0.5 pts | +0.9 pts |
| Q3 FY26 | 63.6% | -1.3 pts | -1.9 pts |
| Q2 FY26 | 65.0% | -0.5 pts | -0.2 pts |
| Q1 FY26 | 65.5% | +2.2 pts | — |
| Q4 FY25 | 63.2% | -2.3 pts | — |
| Q3 FY25 | 65.6% | +0.5 pts | — |
| Q2 FY25 | 65.1% | — | — |
Q4 FY26 at a glance
Cisco Systems, Q4 FY26: revenue $17.3B (+18% year over year), operating margin 24.7%, net earnings $3.9B, operating cash flow $5.4B. The chart follows the revenue to costs, profit and cash.
Questions
What is Cisco Systems' gross margin?
Cisco Systems' gross margin was 64.1% in Q4 FY26 (fourth quarter fiscal 2026), +0.5 pts from Q3 FY26.
How has Cisco Systems' gross margin changed?
Over the last 7 quarters it ranged from 63.2% (Q4 FY25) to 65.6% (Q3 FY25).