Cisco Q3 FY26: 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
- Jan 25 – Apr 25, 2026
- Reported
- May 19, 2026
Revenue$15.84B
+12% year over year
Gross profit$10.08B
64% margin
Operating profit$3.96B
25% margin
Net profit$3.37B
21% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 15.84 | 100% | +12% |
| Networking | 8.82 | 56% | +25% |
| Services | 3.72 | 23% | −1% |
| Security | 2.01 | 13% | +0% |
| Collaboration | 1.02 | 6% | −1% |
| Observability | 0.27 | 2% | +3% |
| Cost of revenue | −5.76 | 36% | |
| Gross profit | 10.08 | 64% margin | −2pp |
| R&D | −2.38 | 15% | −1pp |
| Sales & marketing | −2.86 | 18% | −1pp |
| G&A | −0.66 | 4% | −1pp |
| Other | −0.23 | 2% | +0pp |
| Operating profit | 3.96 | 25% margin | +2pp |
| Other income, net | 0.08 | ||
| Tax | −0.67 | ||
| Net profit | 3.37 | 21% margin | +4pp |
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