TTM
64.3%
YoY change
+0.21pp
Trough year (2001)
49.7%
Peak year (2003)
70.1%
Latest annual
64.9%
Gross Margin history chart for Cisco (CSCO) from 1988 to 2025
Latest: 64.9%
Gross Margin change chart for Cisco (CSCO) from 1988 to 2025
Latest: +0.21pp
Gross Margin history table for Cisco (CSCO) from 1988 to 2025
| 2025 | 64.9% | +0.21pp | ||
| 2024 | 64.7% | +2.01pp | ||
| 2023 | 62.7% | +0.18pp | ||
| 2022 | 62.5% | -1.47pp | ||
| 2021 | 64.0% | -0.24pp | ||
| 2020 | 64.3% | +1.33pp | ||
| 2019 | 62.9% | +0.89pp | ||
| 2018 | 62.0% | -0.92pp | ||
| 2017 | 63.0% | +0.09pp | ||
| 2016 | 62.9% | +2.49pp | ||
| 2015 | 60.4% | +1.47pp | ||
| 2014 | 58.9% | -1.66pp | ||
| 2013 | 60.6% | -0.68pp | ||
| 2012 | 61.2% | -0.16pp | ||
| 2011 | 61.4% | -2.64pp | ||
| 2010 | 64.0% | +0.10pp | ||
| 2009 | 63.9% | -0.51pp | ||
| 2008 | 64.5% | +0.49pp | ||
| 2007 | 64.0% | -1.86pp | ||
| 2006 | 65.8% | -1.40pp | ||
| 2005 | 67.2% | -1.40pp | ||
| 2004 | 68.6% | -1.48pp | ||
| 2003 | 70.1% | +6.59pp | ||
| 2002 | 63.5% | +13.84pp | ||
| 2001 | 49.7% | -14.69pp | ||
| 2000 | 64.4% | -0.75pp | ||
| 1999 | 65.1% | -0.39pp | ||
| 1998 | 65.5% | +0.31pp | ||
| 1997 | 65.2% | -0.38pp | ||
| 1996 | 65.6% | -1.87pp | ||
| 1995 | 67.4% | -1.82pp | ||
| 1994 | 69.3% | -0.39pp | ||
| 1993 | 69.7% | +0.43pp | ||
| 1992 | 69.2% | +1.71pp | ||
| 1991 | 67.5% | +0.33pp | ||
| 1990 | 67.2% | +8.71pp | ||
| 1989 | 58.5% | +2.12pp | ||
| 1988 | 56.4% | — |
- 202564.9%+0.21pp
- 202464.7%+2.01pp
- 202362.7%+0.18pp
- 202262.5%-1.47pp
- 202164.0%-0.24pp
- 202064.3%+1.33pp
- 201962.9%+0.89pp
- 201862.0%-0.92pp
- 201763.0%+0.09pp
- 201662.9%+2.49pp
- 201560.4%+1.47pp
- 201458.9%-1.66pp
- 201360.6%-0.68pp
- 201261.2%-0.16pp
- 201161.4%-2.64pp
- 201064.0%+0.10pp
- 200963.9%-0.51pp
- 200864.5%+0.49pp
- 200764.0%-1.86pp
- 200665.8%-1.40pp
- 200567.2%-1.40pp
- 200468.6%-1.48pp
- 200370.1%+6.59pp
- 200263.5%+13.84pp
- 200149.7%-14.69pp
- 200064.4%-0.75pp
- 199965.1%-0.39pp
- 199865.5%+0.31pp
- 199765.2%-0.38pp
- 199665.6%-1.87pp
- 199567.4%-1.82pp
- 199469.3%-0.39pp
- 199369.7%+0.43pp
- 199269.2%+1.71pp
- 199167.5%+0.33pp
- 199067.2%+8.71pp
- 198958.5%+2.12pp
- 198856.4%—
Gross Margin values are taken from Cisco's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at Cisco (CSCO)
According to Cisco's latest reported financial statements, the company's latest reported gross margin is 64.3%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of Cisco (CSCO) gross margin is 64.94% – expanded 0.2 percentage points year-over-year.
The record annual gross margin stands at 70.10%, reached in 2003; the historical low of 49.67% was recorded in 2001.
Cisco Gross Margin by Year
Cisco Gross Margin 2025: 64.9%
In 2025, Cisco reported gross margin of 64.94%, expanded 0.2 percentage points from 2024.
Cisco Gross Margin 2024: 64.7%
Cisco gross margin in 2024 was 64.73%, expanded 2.0 percentage points from 2023.
Cisco Gross Margin 2023: 62.7%
2023's gross margin for Cisco came in at 62.73%, expanded 0.2 percentage points from 2022.
Cisco Gross Margin 2022: 62.5%
Cisco posted gross margin of 62.55% in 2022, contracted 1.5 percentage points from 2021.
Cisco Gross Margin 2021: 64.0%
Cisco gross margin in 2021 was 64.02%.
See more financial history for Cisco (CSCO).
Sector peers by Gross Margin
Technology peers of Cisco (CSCO), ranked by their latest gross margin
| 74.1% | |
| 68.3% | |
| 67.0% | |
| 61.8% | |
| 58.4% | |
| 52.6% | |
| 50.3% | |
| 47.9% |
- 74.1%
- 68.3%
- 67.0%
- 61.8%
- 52.6%
- 50.3%
- 47.9%
Frequently asked questions
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