Cisco Systems Inc (CSCO)

Pretax margin

Jul 31, 2025 Jul 31, 2024 Jul 27, 2024 Jul 31, 2023 Jul 29, 2023
Earnings before tax but after interest (EBT) US$ in thousands 11,455,000 12,234,000 12,234,000 15,318,000 15,318,000
Revenue US$ in thousands 56,654,000 53,803,000 53,861,000 56,998,000 56,682,000
Pretax margin 20.22% 22.74% 22.71% 26.87% 27.02%

July 31, 2025 calculation

Pretax margin = EBT ÷ Revenue
= $11,455,000K ÷ $56,654,000K
= 20.22%

The pretax margin of Cisco Systems Inc. exhibited a declining trend over the analyzed period. As of July 29, 2023, the pretax margin stood at 27.02%, which slightly decreased to 26.87% by July 31, 2023. Moving forward to July 27, 2024, the margin experienced a more noticeable decline, reaching 22.71%. This downward trajectory persisted into July 31, 2024, with the margin marginally increasing to 22.74%, indicating some stabilization. However, by July 31, 2025, the pretax margin further contracted to 20.22%. Overall, the data reflects a reduction in the company's pretax profitability over the period, suggesting either increased operating costs, a shift in revenue mix, or other factors impacting pre-tax earnings relative to sales.