Cisco Q4 FY25: where the revenue came from and where it went
The whole income statement of Cisco for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Apr 27 – Jul 26, 2025
- Reported
- Sep 3, 2025
Revenue$14.67B
+8% year over year
Gross profit$9.28B
63% margin
Operating profit$3.09B
21% margin
Net profit$2.55B
17% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 14.67 | 100% | +8% |
| Networking | 7.63 | 52% | +12% |
| Services | 3.79 | 26% | +0% |
| Security | 1.95 | 13% | +9% |
| Collaboration | 1.04 | 7% | +2% |
| Observability | 0.26 | 2% | +4% |
| Cost of revenue | −5.39 | 37% | |
| Gross profit | 9.28 | 63% margin | −1pp |
| R&D | −2.38 | 16% | +0pp |
| Sales & marketing | −2.82 | 19% | −2pp |
| G&A | −0.71 | 5% | −1pp |
| Other | −0.29 | 2% | +0pp |
| Operating profit | 3.09 | 21% margin | +2pp |
| Interest & other costs | −0.09 | ||
| Tax | −0.45 | ||
| Net profit | 2.55 | 17% margin | +2pp |
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