Cisco Systems Inc (CSCO)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 12,163,000 | 11,291,000 | 10,707,000 | 9,785,000 | 9,618,000 | 10,096,000 | 10,574,000 | 12,659,000 | 14,744,000 | 15,901,000 | 17,058,000 | 16,728,000 | 16,398,000 | 15,437,000 | 14,476,000 | 14,070,000 | 13,664,000 | 13,844,000 | 13,986,000 | 14,056,000 |
| 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 |
| Operating profit margin | 21.47% | 20.30% | 19.21% | 17.98% | 18.16% | 19.37% | 20.92% | 24.11% | 26.95% | 27.84% | 28.64% | 28.14% | 27.62% | 26.72% | 25.77% | 25.47% | 25.16% | 25.73% | 26.22% | 26.75% |
July 31, 2025 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $12,163,000K ÷ $56,654,000K
= 21.47%
The operating profit margin of Cisco Systems Inc. demonstrates fluctuations over the examined period, illustrating periods of relative stability as well as variability in profitability. Starting from October 2022, the margin exhibited a slight upward trend, moving from 26.75% on October 29, 2022, to reach 28.64% by October 31, 2023. This period reflects an overall improvement in operational efficiency, with the margin peaking at the end of October 2023.
However, subsequent intervals reveal a notable decline commencing in early 2024. By April 2024, the operating profit margin declined sharply to 20.92%, representing a significant decrease from earlier levels. The downward trend persisted throughout 2024, with the margin falling further to 18.16% by July 2024, indicating increased operating costs or a reduction in operational efficiency.
In the final observed period, spanning January to July 2025, there is evidence of a modest recovery as the margin increased from 19.21% to 21.47%. Nonetheless, the overall pattern across the entire timeline suggests periodic volatility with a notable decline in the middle of 2024, followed by partial recovery toward mid-2025.
Overall, the data indicates that while Cisco was able to maintain relatively higher operating profit margins in late 2022 and 2023, recent periods have seen a downward pressure on profitability, potentially reflecting challenges such as increased operational costs, market conditions, or strategic shifts. The observed fluctuations highlight the importance of ongoing operational management to sustain earnings efficiency amid varying business environments.
Peer comparison
Jul 31, 2025