csco: the income statement

MyFinsight

For the year ending 2025-07-26, CSCO made $56,654M in revenue. $10,180M in net income. Net profit margin of 17.97%.

Unit: Million (M) dollars (except for numbers of shares and EPS)

Income Statement	2025-07-26	2024-07-27	2023-07-29	2022-07-30
Total revenue	56,654	53,803	56,998	51,557
Product	15,121	14,339	16,590	14,814
Service	4,743	4,636	4,655	4,495
Total cost of sales	19,864	18,975	21,245	19,309
Gross margin	36,790	34,828	35,753	32,248
Research and development	9,300	7,983	7,551	6,774
Sales and marketing	10,966	10,364	9,880	9,085
General and administrative	2,992	2,813	2,478	2,101
Amortization of purchased intangible assets	1,028	698	282	313
Restructuring and other charges	744	789	531	6
Total operating expenses	25,030	22,647	20,722	18,279
Operating income	11,760	12,181	15,031	13,969
Interest income	1,001	1,365	962	476
Interest expense	1,593	1,006	427	360
Other income (loss), net	-68	-306	-248	392
Interest and other income (loss), net	-660	53	287	508
Income before provision for income taxes	11,100	12,234	15,318	14,477
Provision for income taxes	920	1,914	2,705	2,665
Net income	10,180	10,320	12,613	11,812

Basic (in dollars per share)	2.56	2.55	3.08	2.83
Basic (in shares)	3,976,000,000	4,043,000,000	4,093,000,000	4,170,000,000
Diluted (in dollars per share)	2.55	2.54	3.07	2.82
Diluted (in shares)	3,998,000,000	4,062,000,000	4,105,000,000	4,192,000,000