CSCO
Cisco Systems, Inc.
CSCO's fundamentals are strong: it turned 20% of its revenue into free cash flow and its operating margin rose 4 points to 24%. Its PE isn't a useful guide right now because of how its recent earnings were reported.
CSCO Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Healthy | |
| Unavailable |
CSCO's revenue, profitability and cash flow are currently healthy. There isn't enough data to rate its balance sheet.
CSCO PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 16x | $52.11 | -49% |
| Fair | 19x | $63.45 | -38% |
| Forward | 20x | $102 | — |
| Current | 27x | $102 | — |
| Expensive | 28x | $92.57 | -9.3% |
Historical ranges are pointers, not guarantees.
CSCO's PE is 27x, but its earnings don't support one, so it isn't a reliable read right now.
CSCO Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Stable | |
| Moderate | |
| High |
Analysts expect earnings and revenue growth for CSCO, with profitability holding steady.
CSCO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $5.14 | +54% |
| Q3 2026 | $3.33 | +31% |
| Q2 2026 | $3.01 | +23% |
| Q1 2026 | $2.78 | +21% |
| Q4 2025 | $2.59 | +11% |
| Q3 2025 | $2.55 | +0.4% |
| Q2 2025 | $2.45 | -18% |
| Q1 2025 | $2.29 | -30% |
| Q4 2024 | $2.33 | -30% |
CSCO earned $3.33 per share over the past year, up 31% from the year before.
CSCO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $17.3B | +18% |
| Q2 2026 | $15.8B | +12% |
| Q1 2026 | $15.3B | +9.7% |
| Q4 2025 | $14.9B | +7.5% |
| Q3 2025 | $14.7B | +7.6% |
| Q2 2025 | $14.1B | +11% |
| Q1 2025 | $14B | +9.4% |
| Q4 2024 | $13.8B | -5.6% |
CSCO's revenue has grown year over year for seven quarters in a row: $17.3B last quarter, up 18% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 25% | +3.7 points |
| Q2 2026 | 25% | +2.4 points |
| Q1 2026 | 25% | +2.4 points |
| Q4 2025 | 23% | +5.6 points |
| Q3 2025 | 21% | +1.8 points |
| Q2 2025 | 23% | +5.4 points |
| Q1 2025 | 22% | -1.9 points |
| Q4 2024 | 17% | -12 points |
CSCO's operating margin was 25% last quarter, up 3.7 points from the same quarter a year ago.
CSCO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $5B | +24% |
| Q2 2026 | $3.3B | -12% |
| Q1 2026 | $1.5B | -24% |
| Q4 2025 | $2.9B | -16% |
| Q3 2025 | $4B | +14% |
| Q2 2025 | $3.8B | -0.2% |
| Q1 2025 | $2B | +218% |
| Q4 2024 | $3.4B | +54% |
CSCO's free cash flow has been positive every quarter for seven years: $12.8B over the past year, down 3.9% from the year before.
CSCO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +5M shares |
| 1 year | -0.3% | -11M shares |
| 3 years | -2.9% | -118M shares |
| 5 years | -5.9% | -249M shares |
| Available history | -6.7% | -286M shares |
CSCO has 4B diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $1.5B |
| Q2 2026 | $1.3B |
| Q1 2026 | $1.4B |
| Q4 2025 | $2B |
| Q3 2025 | $1.3B |
| Q2 2025 | $1.5B |
| Q1 2025 | $1.2B |
| Q4 2024 | $2B |
CSCO spent $6.1B buying back its own shares over the past year, up 1.8% from the year before.
CSCO Net Leverage
CSCO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 46.8 | Neutral |
| Stochastic | 11.8 | Oversold |
CSCO's weekly RSI is 47 (neutral) and its Stochastic is 12 (oversold).
CSCO PE vs Technology Sector
| Metric | CSCO | Sector median | Relative |
|---|---|---|---|
| PE | 27x | 28x | 2.4% below |
| PE % | 81 | 35 | 46 pts above |
CSCO is trading at 27x earnings, in line with the Technology sector's median of 28x, though its earnings don't support one.
CSCO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $106.4 | 4.2% below |
| 20 week MA | $110.6 | 7.8% below |
| 50 week MA | $98.0 | 4.1% above |
| 100 week MA | $81.5 | 25% above |
| 200 week MA | $66.1 | 54% above |
CSCO has pulled back, but its long-term trend is still up: it's below its 8- and 20-week averages, but 54% above its 200-week average.
CSCO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $47.8 | $44.5 | -6.8% |
| 2021 | $44.5 | $62.3 | +40% |
| 2022 | $62.3 | $47.5 | -24% |
| 2023 | $47.5 | $50.5 | +6.4% |
| 2024 | $50.5 | $59.6 | +18% |
| 2025 | $59.6 | $78.2 | +31% |
| 2026 YTD | $78.2 | $102.0 | +31% |
CSCO has finished higher in four of the last six years. It's up 31% so far in 2026.