CSCO Q3 2025 Earnings — Income Statement Breakdown
For its Q3 2025 period (ending 2025-04-26), CSCO reported revenue of $14.1B, gross profit of $9.3B (65.6% gross margin), operating income of $3.2B, and net income of $2.5B (17.6% net margin). The flow of revenue into costs and profit is visualized below.
What changed
CSCO was profitable; revenue grew 11.4% year over year.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | +11.4% | +32.1% | +2.8 pp |
| Quarter over quarter | +1.1% | +2.6% | +0.3 pp |
Consensus estimate data is not available for this report.
CSCO Q3 2025 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $14.1B | 100% |
| Cost of Revenue | −$4.9B | 34.4% |
| Gross Profit | $9.3B | 65.6% |
| Research & Development | −$2.3B | 16.5% |
| Selling, General & Administrative | −$3.5B | 24.5% |
| Other Operating Expenses | −$278M | 2.0% |
| Operating Income | $3.2B | 22.6% |
| Interest Expense | −$403M | 2.8% |
| Other Income, net | −$255M | 1.8% |
| Income Tax Expense | −$456M | 3.2% |
| Net Income | $2.5B | 17.6% |
Source: original SEC filing (filed 2025-05-14). Accession 0001193125-25-119864. Data normalized by EarningsFyi.