Operating Income for Cisco (CSCO)
According to Cisco's latest reported financial statements, the company's current operating income (TTM) is $13.43B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
CSCO
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$13.43B
YoY change
-3.5%
5Y CAGR
-2.9%
Peak year (2023)
$15.03B
Cumulative operating income
$254.17B
Operating Income history chart for Cisco (CSCO) from 1988 to 2025
Operating Income history table for Cisco (CSCO) from 1988 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $11.76B | -3.5% | ||
| 2024 | $12.18B | -19.0% | ||
| 2023 | $15.03B | +7.6% | ||
| 2022 | $13.97B | +8.9% | ||
| 2021 | $12.83B | -5.8% | ||
| 2020 | $13.62B | -4.2% | ||
| 2019 | $14.22B | +15.5% | ||
| 2018 | $12.31B | +2.8% | ||
| 2017 | $11.97B | -5.4% | ||
| 2016 | $12.66B | +17.5% | ||
| 2015 | $10.77B | +15.2% | ||
| 2014 | $9.35B | -17.6% | ||
| 2013 | $11.34B | +8.4% | ||
| 2012 | $10.46B | +36.3% | ||
| 2011 | $7.67B | -16.3% | ||
| 2010 | $9.16B | +25.2% | ||
| 2009 | $7.32B | -22.5% | ||
| 2008 | $9.44B | +9.5% | ||
| 2007 | $8.62B | +23.2% | ||
| 2006 | $7.00B | -5.7% | ||
| 2005 | $7.42B | +17.9% | ||
| 2004 | $6.29B | +28.9% | ||
| 2003 | $4.88B | +67.2% | ||
| 2002 | $2.92B | -245.7% | ||
| 2001 | -$2.00B | -161.9% | ||
| 2000 | $3.23B | +8.4% | ||
| 1999 | $2.98B | +41.8% | ||
| 1998 | $2.10B | +29.3% | ||
| 1997 | $1.63B | +16.2% | ||
| 1996 | $1.40B | +117.9% | ||
| 1995 | $642.94M | +31.7% | ||
| 1994 | $488.10M | +85.2% | ||
| 1993 | $263.60M | +103.7% | ||
| 1992 | $129.40M | +95.5% | ||
| 1991 | $66.20M | +207.9% | ||
| 1990 | $21.50M | +211.6% | ||
| 1989 | $6.90M | +1280.0% | ||
| 1988 | $500,000 | — |
Operating Income values are taken from Cisco's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, Cisco (CSCO) operating income totalled $11.76B – edged down 3.5% year-over-year.
Across 2020–2025 (5 years), Cisco operating income produced a CAGR of -2.9% – with a net decline across the window.
Between 2023 and 2025, Cisco operating income declined 21.8%, falling from $15.03B to $11.76B.
The dataset's maximum operating income sits at $15.03B (2023); the minimum reading of -$2.00B dates to 2001.
Cisco (CSCO) sits 6th of 8 Technology peers we track on this metric, against a peer median of $77.01B.
Cisco Operating Income by Year
Cisco Operating Income 2025: $11.76B
Cisco operating income in 2025 was $11.76B, edged down 3.5% below 2024.
Cisco Operating Income 2024: $12.18B
Cisco operating income in 2024 was $12.18B, declined 19.0% below 2023.
Cisco Operating Income 2023: $15.03B
Cisco operating income in 2023 was $15.03B, grew 7.6% from 2022. This figure represents the highest annual value in the available history.
Cisco Operating Income 2022: $13.97B
Cisco operating income in 2022 was $13.97B, grew 8.9% from 2021.
Cisco Operating Income 2021: $12.83B
Cisco operating income in 2021 was $12.83B.
See more financial history for Cisco (CSCO).
Sector peers — Operating Income
Companies in the same sector as Cisco, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $1.96T | Technology |
| Apple Inc. (AAPL) | $133.05B | Technology |
| NVIDIA Corporation (NVDA) | $130.39B | Technology |
| Microsoft Corporation (MSFT) | $128.53B | Technology |
| Broadcom Inc. (AVGO) | $25.48B | Technology |
| ASML Holding N.V. (ASML) | $11.30B | Technology |
| Micron Technology, Inc. (MU) | $9.87B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $3.69B | Technology |
Frequently asked questions
What is Cisco's operating income?
- Latest reported operating income for Cisco (CSCO) is $13.43B (period ending January 24, 2026).
How has Cisco operating income changed year-over-year?
- Cisco (CSCO) operating income changed -3.5% year-over-year on the latest annual filing.
What is the long-term growth rate of Cisco operating income?
- Cisco (CSCO) operating income compound annual growth rate is -2.9% over the most recent 5 years available.
When did Cisco operating income hit its highest annual value?
- Cisco operating income reached its highest annual value of $15.03B in 2023.
What was Cisco operating income in 2024?
- Cisco (CSCO) operating income in 2024 was $12.18B.
What was Cisco operating income in 2025?
- Cisco (CSCO) operating income in 2025 was $11.76B.
Metrics overview
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