CSCO Q2 2025 Earnings — Income Statement Breakdown

For its Q2 2025 period (ending 2025-01-25), CSCO reported revenue of $14.0B, gross profit of $9.1B (65.1% gross margin), operating income of $3.1B, and net income of $2.4B (17.4% net margin). The flow of revenue into costs and profit is visualized below.

What changed

CSCO was profitable; revenue grew 9.4% year over year.

ComparisonRevenueNet incomeNet margin
Year over year+9.4%−7.8%−3.2 pp
Quarter over quarter+2.6%+12.3%+1.5 pp

Consensus estimate data is not available for this report.

CSCO Q2 2025 Income Statement

CSCO Q2 2025 income statement. Figures in USD.
Line itemAmount (USD)% of revenue
Revenue$14.0B100%
Cost of Revenue−$4.9B34.9%
Gross Profit$9.1B65.1%
Research & Development−$2.3B16.4%
Selling, General & Administrative−$3.4B24.5%
Other Operating Expenses−$275M2.0%
Operating Income$3.1B22.3%
Interest Expense−$404M2.9%
Other Income, net−$226M1.6%
Income Tax Expense−$459M3.3%
Net Income$2.4B17.4%

Source: original SEC filing (filed 2025-02-12). Accession 0001193125-25-025114. Data normalized by EarningsFyi.