CSCO Q1 2026 Earnings — Income Statement Breakdown

For its Q1 2026 period (ending 2025-10-25), CSCO reported revenue of $14.9B, gross profit of $9.7B (65.5% gross margin), operating income of $3.4B, and net income of $2.9B (19.2% net margin). The flow of revenue into costs and profit is visualized below.

What changed

CSCO was profitable; revenue grew 1.4% quarter over quarter.

ComparisonRevenueNet incomeNet margin
Year over yearNot availableNot availableNot available
Quarter over quarter+1.4%+1.3%−0.0 pp

Consensus estimate data is not available for this report.

CSCO Q1 2026 Income Statement

CSCO Q1 2026 income statement. Figures in USD.
Line itemAmount (USD)% of revenue
Revenue$14.9B100%
Cost of Revenue−$5.1B34.5%
Gross Profit$9.7B65.5%
Research & Development−$2.4B16.1%
Selling, General & Administrative−$3.6B24.2%
Other Operating Expenses−$378M2.5%
Operating Income$3.4B22.6%
Interest Expense−$350M2.4%
Other Income, net$28M0.2%
Income Tax Expense−$531M3.6%
Net Income$2.9B19.2%

Source: original SEC filing (filed 2025-11-12). Accession 0001193125-25-277624. Data normalized by EarningsFyi.