Reported Q: Q4 2024 Rev YoY: -10.3% EPS YoY: -44.3% Move: +2.31%
Cisco Systems Inc
CSCO
$86.78 2.31%
Exchange NASDAQ Sector Technology Industry Communication Equipment
Q4 2024
Published: Sep 5, 2024

Company Status Snapshot

Fast view of the latest quarter outcome for CSCO

Reported

Report Date

Sep 5, 2024

Quarter Q4 2024

Revenue

13.64B

YoY: -10.3%

EPS

0.54

YoY: -44.3%

Market Move

+2.31%

Previous quarter: N/A

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Earnings Highlights

  • Revenue of $13.64B down 10.3% year-over-year
  • EPS of $0.54 decreased by 44.3% from previous year
  • Gross margin of 64.4%
  • Net income of 2.16B
  • ""With Splunk now part of Cisco, we believe we have an unmatched capability to unlock the full power of the network with market leading security and observability solutions to deliver even greater value for our customers." - Chuck Robbins, CEO" - Chuck Robbins
CSCO
Cisco Systems Inc

Executive Summary

Cisco Systems Inc closed fiscal 2024 with strong financial results, reporting $13.6 billion in revenue for Q4 2024, which exceeded the high end of guidance. Despite a 10% decline year-over-year, the company achieved a gross margin of 67.5%, the highest in 20 years, supported by the integration of Splunk. Management highlighted solid demand across product categories, especially in security and collaboration, indicating a positive trajectory as inventory digestion subsides. CEO Chuck Robbins emphasized Cisco's commitment to investing in AI and cybersecurity, positioning the company as a key player in these growing areas.

Key Performance Indicators

Revenue
Decreasing
13.64B
QoQ: 7.40% | YoY: -10.27%
Gross Profit
Decreasing
8.78B
64.37% margin
QoQ: 8.49% | YoY: -9.92%
Operating Income
Decreasing
2.62B
QoQ: -5.35% | YoY: -38.44%
Net Income
Decreasing
2.16B
QoQ: 14.63% | YoY: -45.38%
EPS
Decreasing
0.54
QoQ: 14.89% | YoY: -44.33%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q1 2026 14,883.00 0.72 +9.1% View
Q3 2025 14,149.00 0.62 +11.4% View
Q2 2025 13,991.00 0.61 +9.4% View
Q1 2025 13,841.00 0.68 -5.6% View
Q4 2024 13,642.00 0.54 -10.3% View