CSCO · Q3 FY26 · Apr 25, 2026
Cisco Q3 FY26: where the revenue came from and where it went
Cisco Q3 FY26: revenue $15.8B (+12% year over year). Net profit $3.4B. Largest cohort Networking $8.8B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Apr 25, 2026
- Reported
- May 19, 2026
Tap the diagram to enlarge · figures in billions of dollars
Revenue$15.8B
+12% year over year
Gross profit$10.1B
64% margin
Operating profit$4B
25% margin
Net profit$3.4B
21% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 15.8 | 100% | +12% |
| Networking | 8.8 | 56% | +25% |
| Service | 3.7 | 23% | −1% |
| Security | 2 | 13% | +0% |
| Collaboration | 1 | 6% | −1% |
| Observability | 0.3 | 2% | +3% |
| Cost of revenue | −5.8 | 37% | |
| Gross profit | 10.1 | 64% margin | −2pp |
| Research & development | −2.4 | 15% | −1pp |
| Sales & marketing | −2.8 | 18% | −1pp |
| G&A | −0.7 | 4% | −1pp |
| Other | −0.2 | 1% | +0pp |
| Operating profit | 4 | 25% margin | +2pp |
| Tax | −0.7 | ||
| Net profit | 3.4 | 21% | +4pp |
Older quarters
-
Q2 FY26 1/2026Revenue $15.3B 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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