CSCO · Q2 FY26 · Oct 26, 2025 – Jan 24, 2026
Cisco Q2 FY26: where the revenue came from and where it went
Cisco Q2 FY26: revenue $15.3B (+10% year over year). Net profit $3.2B. Largest cohort Networking $8.3B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Oct 26, 2025 – Jan 24, 2026
- Reported
- Feb 17, 2026
Tap the diagram to enlarge · figures in billions of dollars
Revenue$15.3B
+10% year over year
Gross profit$10B
65% margin
Operating profit$3.8B
25% margin
Net profit$3.2B
21% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 15.3 | 100% | +10% |
| Networking | 8.3 | 54% | +21% |
| Service | 3.7 | 24% | −1% |
| Security | 2 | 13% | −4% |
| Collaboration | 1.1 | 7% | +6% |
| Observability | 0.3 | 2% | +0% |
| Cost of revenue | −5.4 | 35% | |
| Gross profit | 10 | 65% margin | +0pp |
| Research & development | −2.4 | 15% | −1pp |
| Sales & marketing | −2.9 | 19% | +0pp |
| G&A | −0.7 | 4% | −1pp |
| Other | −0.3 | 2% | +0pp |
| Operating profit | 3.8 | 25% margin | +2pp |
| Tax | −0.5 | ||
| Interest & other costs | −0.1 | ||
| Net profit | 3.2 | 21% | +3pp |
Older quarters
-
Q3 FY26 4/2026Revenue $15.8B Net margin 21%
-
Q1 FY26 10/2025Revenue $14.9B Net margin 19%
-
Q4 FY25 7/2025Revenue $14.7B Net margin 17%
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