Cisco Systems Inc (CSCO)
Gross profit margin
| Jul 31, 2025 | Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Jul 27, 2024 | Apr 30, 2024 | Apr 27, 2024 | Jan 31, 2024 | Jan 27, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 36,904,000 | 36,291,000 | 35,794,000 | 34,956,000 | 34,108,000 | 33,544,000 | 32,980,000 | 34,264,000 | 35,548,000 | 37,079,000 | 38,610,000 | 38,285,000 | 37,960,000 | 36,639,000 | 35,318,000 | 34,432,000 | 33,546,000 | 33,071,000 | 32,669,000 | 32,444,000 |
| Revenue (ttm) | US$ in thousands | 56,654,000 | 55,623,000 | 55,724,000 | 54,435,000 | 52,960,000 | 52,109,000 | 50,539,000 | 52,505,000 | 54,704,000 | 57,116,000 | 59,550,000 | 59,453,000 | 59,379,000 | 57,768,000 | 56,170,000 | 55,231,000 | 54,303,000 | 53,813,000 | 53,334,000 | 52,537,000 |
| Gross profit margin | 65.14% | 65.24% | 64.23% | 64.22% | 64.40% | 64.37% | 65.26% | 65.26% | 64.98% | 64.92% | 64.84% | 64.40% | 63.93% | 63.42% | 62.88% | 62.34% | 61.78% | 61.46% | 61.25% | 61.75% |
July 31, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $36,904,000K ÷ $56,654,000K
= 65.14%
The analysis of Cisco Systems Inc.'s gross profit margin over the specified period reveals a generally positive trend of improvement and stability. Starting from approximately 61.75% in October 2022, the gross profit margin exhibits a gradual upward trajectory, reaching around 64.40% by October 2023. In subsequent quarters, the margin continues to demonstrate incremental increases, peaking at approximately 65.26% in April 2024, the most recent data point available.
Throughout this period, the gross profit margin fluctuates modestly within a range of approximately 61.75% to 65.26%, indicating a relatively stable and improving profitability tendency related to core operations. The increase from mid-2022 to mid-2024 suggests effective management of cost of goods sold relative to revenue, potentially driven by operational efficiencies, favorable product mix, or pricing strategies.
The stability observed in the gross profit margin, particularly after 2023, reflects a consistent ability to maintain or improve profitability at the gross profit level. Short-term fluctuations within the observed ranges are typical in such ratios, yet the overall trend indicates a resilient and potentially strengthening gross profitability profile for the company.
In summary, Cisco's gross profit margin has demonstrated a steady and consistent upward trend over the analyzed period, moving from approximately 61.75% to about 65.26%, highlighting effective cost control and revenue management strategies integrated within its operational framework.
Peer comparison
Jul 31, 2025