Cisco Systems, Inc.

CSCONASDAQ

$104.98

Last price · USD

Market cap: $418.6B
P/E: 31.5x
EV / EBITDA: 22.0x
P/S: 6.6x
FCF yield: 3.1%
Div. yield: 1.57%

Multiples use last price and FY2026 annual figures. Market cap estimated from diluted shares.

Cisco Systems, Inc. balance sheet

Annual · USD millions except per-share data · 42 lines

Fiscal year	2026latest	2025	2024	2023	2022	CAGR
Current assets
Cash & cash equivalents	7,218	8,346	7,508	10,123	7,079	+0.5%
Short-term investments	8,700	7,764	10,346	16,023	12,188	-8.1%
Cash & short-term investments	15,918	16,110	17,854	26,146	19,267	-4.7%
Net receivables	10,862	9,762	10,023	9,206	10,527	+0.8%
Accounts receivable	7,470	6,701	6,685	9,206	6,622	+3.1%
Other receivables	3,392	3,061	3,338	0	3,905	-3.5%
Inventory	5,694	3,164	3,373	3,644	2,568	+22.0%
Other current assets	6,191	5,950	5,612	4,352	4,355	+9.2%
Total current assets	38,665	34,986	36,862	43,348	36,717	+1.3%
Non-current assets
Property, plant & equipment (net)	2,760	2,113	2,090	2,085	1,997	+8.4%
Goodwill	59,477	59,136	58,660	38,535	38,304	+11.6%
Intangible assets	7,557	9,175	11,219	1,818	2,569	+31.0%
Goodwill & intangible assets	67,034	68,311	69,879	40,353	40,873	+13.2%
Tax assets	7,109	7,356	6,262	6,576	4,449	+12.4%
Other non-current assets	14,069	9,525	9,320	9,490	9,966	+9.0%
Total non-current assets	90,972	87,305	87,551	58,504	57,285	+12.3%
Total assets	129,637	122,291	124,413	101,852	94,002	+8.4%
Current liabilities
Accounts payable	3,366	2,528	2,304	2,313	2,281	+10.2%
Other payables	190	1,857	1,439	4,235	961	-33.3%
Total payables	3,556	4,385	3,743	6,548	3,242	+2.3%
Short-term debt	10,161	5,232	11,341	1,733	1,421	+63.5%
Tax payables	190	0	1,439	4,235	961	-33.3%
Deferred revenue	16,988	16,416	16,249	13,908	12,784	+7.4%
Other current liabilities	10,820	9,031	9,251	9,120	4,877	+22.0%
Total current liabilities	41,525	35,064	40,584	31,309	25,640	+12.8%
Non-current liabilities
Long-term debt	19,372	22,861	19,632	6,658	8,416	+23.2%
Capital lease obligations (non-current)	0	0	0	0	724	—
Deferred revenue (non-current)	12,793	12,363	12,226	11,642	10,480	+5.1%
Other non-current liabilities	5,662	5,160	6,514	7,890	8,969	-10.9%
Total non-current liabilities	37,827	40,384	38,372	26,190	28,589	+7.3%
Capital lease obligations	0	0	0	0	724	—
Total debt	29,533	28,093	30,973	8,391	10,561	+29.3%
Total liabilities	79,352	75,448	78,956	57,499	54,229	+10.0%
Stockholders' equity
Common stock	49,676	47,747	45,800	44,289	42,714	+3.8%
Retained earnings	1,565	50	1,087	1,639	(1,319)	—
Accumulated other comprehensive income (loss)	(956)	(954)	(1,430)	(1,575)	(1,622)	—
Total stockholders' equity	50,285	46,843	45,457	44,353	39,773	+6.0%
Total equity	50,285	46,843	45,457	44,353	39,773	+6.0%
Total liabilities & equity	129,637	122,291	124,413	101,852	94,002	+8.4%
Additional fields
Accrued Expenses	0	0	0	0	3,316	—
Net Debt	22,315	19,747	23,465	(1,732)	3,482	+59.1%
Total Investments	8,700	7,764	10,346	16,023	12,188	-8.1%

Cisco Systems, Inc.

CSCONASDAQ

$104.98

Last price · USD

Market cap: $418.6B
P/E: 31.5x
EV / EBITDA: 22.0x
P/S: 6.6x
FCF yield: 3.1%
Div. yield: 1.57%

Multiples use last price and FY2026 annual figures. Market cap estimated from diluted shares.

Cisco Systems, Inc. balance sheet

Annual · USD millions except per-share data · 42 lines

Fiscal year	2026latest	2025	2024	2023	2022	CAGR
Current assets
Cash & cash equivalents	7,218	8,346	7,508	10,123	7,079	+0.5%
Short-term investments	8,700	7,764	10,346	16,023	12,188	-8.1%
Cash & short-term investments	15,918	16,110	17,854	26,146	19,267	-4.7%
Net receivables	10,862	9,762	10,023	9,206	10,527	+0.8%
Accounts receivable	7,470	6,701	6,685	9,206	6,622	+3.1%
Other receivables	3,392	3,061	3,338	0	3,905	-3.5%
Inventory	5,694	3,164	3,373	3,644	2,568	+22.0%
Other current assets	6,191	5,950	5,612	4,352	4,355	+9.2%
Total current assets	38,665	34,986	36,862	43,348	36,717	+1.3%
Non-current assets
Property, plant & equipment (net)	2,760	2,113	2,090	2,085	1,997	+8.4%
Goodwill	59,477	59,136	58,660	38,535	38,304	+11.6%
Intangible assets	7,557	9,175	11,219	1,818	2,569	+31.0%
Goodwill & intangible assets	67,034	68,311	69,879	40,353	40,873	+13.2%
Tax assets	7,109	7,356	6,262	6,576	4,449	+12.4%
Other non-current assets	14,069	9,525	9,320	9,490	9,966	+9.0%
Total non-current assets	90,972	87,305	87,551	58,504	57,285	+12.3%
Total assets	129,637	122,291	124,413	101,852	94,002	+8.4%
Current liabilities
Accounts payable	3,366	2,528	2,304	2,313	2,281	+10.2%
Other payables	190	1,857	1,439	4,235	961	-33.3%
Total payables	3,556	4,385	3,743	6,548	3,242	+2.3%
Short-term debt	10,161	5,232	11,341	1,733	1,421	+63.5%
Tax payables	190	0	1,439	4,235	961	-33.3%
Deferred revenue	16,988	16,416	16,249	13,908	12,784	+7.4%
Other current liabilities	10,820	9,031	9,251	9,120	4,877	+22.0%
Total current liabilities	41,525	35,064	40,584	31,309	25,640	+12.8%
Non-current liabilities
Long-term debt	19,372	22,861	19,632	6,658	8,416	+23.2%
Capital lease obligations (non-current)	0	0	0	0	724	—
Deferred revenue (non-current)	12,793	12,363	12,226	11,642	10,480	+5.1%
Other non-current liabilities	5,662	5,160	6,514	7,890	8,969	-10.9%
Total non-current liabilities	37,827	40,384	38,372	26,190	28,589	+7.3%
Capital lease obligations	0	0	0	0	724	—
Total debt	29,533	28,093	30,973	8,391	10,561	+29.3%
Total liabilities	79,352	75,448	78,956	57,499	54,229	+10.0%
Stockholders' equity
Common stock	49,676	47,747	45,800	44,289	42,714	+3.8%
Retained earnings	1,565	50	1,087	1,639	(1,319)	—
Accumulated other comprehensive income (loss)	(956)	(954)	(1,430)	(1,575)	(1,622)	—
Total stockholders' equity	50,285	46,843	45,457	44,353	39,773	+6.0%
Total equity	50,285	46,843	45,457	44,353	39,773	+6.0%
Total liabilities & equity	129,637	122,291	124,413	101,852	94,002	+8.4%
Additional fields
Accrued Expenses	0	0	0	0	3,316	—
Net Debt	22,315	19,747	23,465	(1,732)	3,482	+59.1%
Total Investments	8,700	7,764	10,346	16,023	12,188	-8.1%