Cisco Systems, Inc.
71.33-1.29 (-1.78%)
Oct 29, 4:00:01 PM EDT · NasdaqGS · CSCO · USD
Key Stats
Market Cap
281.09BP/E (TTM)
27.97Basic EPS (TTM)
2.55Dividend Yield
0.02%Recent Filings
8-K
Director Bush to exit Cisco board
10-K
FY2025 results
Cisco Systems delivered FY2025 revenue of $56.7B, up 5% y/y, with product revenue rising 6% to $41.6B driven by 59% growth in Security and 26% in Observability from Splunk integration, while Networking dipped 3% as shipments normalized; services grew 3% to $15.0B. Q4 revenue surged 8% y/y to $14.7B, accelerating from Q3's 4% gain with Networking up 5% q/q on AI infrastructure demand from webscale customers, Security margins expanding 2.1 pts sequentially to 78.4%, and overall gross margin at 63.2% despite a supplier dispute charge. Annual operating income fell 3% to $11.8B (20.8% margin) amid higher R&D and amortization, but Q4 operating margin improved 1.8 pts to 21.0% on efficiency gains; diluted EPS held flat at $2.55 with 3,998M shares. Liquidity remains robust at $16.1B in cash/investments, supporting $6.0B buybacks and $6.4B dividends, while total debt eased to $28.1B. Yet supply chain exposures from AI commitments risk excess inventory if demand softens.
8-K
Cisco amends bylaws for nominations
Cisco Systems amended its bylaws on August 21, 2025, introducing a cure process for deficiencies in stockholder director nomination notices while adding minor clarifications for consistency. This tweak allows shareholders timely fixes within specified periods, easing compliance hurdles. Changes took effect immediately. No broader governance shakeup disclosed.
8-K
Cisco's strong Q4 earnings
Cisco capped fiscal 2025 with Q4 revenue of $14.7 billion, up 8% year over year, fueled by 10% product growth and AI infrastructure orders topping $2 billion—double the initial target. Full-year revenue hit $56.7 billion, a 5% rise, with non-GAAP EPS at $3.81 edging up 2%. Guidance points to $59.0–$60.0 billion in 2026 revenue, yet tariffs loom as a drag. AI demand surges, but execution remains key.
8-K
Cisco appoints new CFO with equity grant
Cisco Systems appointed Mark Patterson as Executive Vice President and Chief Financial Officer, as announced on May 14, 2025, with the Compensation Committee approving his equity award on June 5, 2025. He received 47,832 restricted stock units vesting over three years, starting with a one-year 34% cliff followed by quarterly 8.25% portions under the 2005 Stock Incentive Plan. This incentivizes his leadership in financial strategy. Retention hinges on continued service.
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