TTM
$14.2B
YoY change
-3.5%
5Y CAGR
-2.9%
Peak year (FY2023)
$15B
Cumulative operating income
$265B
Operating Income history chart for Cisco (CSCO) from 2016 to 2025
Latest: $11.8B
Operating Income growth chart for Cisco (CSCO) from 2016 to 2025
Latest: -3.5%
Operating Income history table for Cisco (CSCO) from 1988 to 2025
| FY2025 | $11.8B | -3.5% | -$421M | ||
| FY2024 | $12.2B | -19.0% | -$2.85B | ||
| FY2023 | $15B | +7.6% | +$1.06B | ||
| FY2022 | $14B | +8.9% | +$1.14B | ||
| FY2021 | $12.8B | -5.8% | -$787M | ||
| FY2020 | $13.6B | -4.2% | -$599M | ||
| FY2019 | $14.2B | +15.5% | +$1.91B | ||
| FY2018 | $12.3B | +2.8% | +$336M | ||
| FY2017 | $12B | -5.4% | -$687M | ||
| FY2016 | $12.7B | +17.5% | +$1.89B | ||
| FY2015 | $10.8B | +15.2% | +$1.43B | ||
| FY2014 | $9.35B | -17.6% | -$2B | ||
| FY2013 | $11.3B | +8.4% | +$880M | ||
| FY2012 | $10.5B | +36.3% | +$2.79B | ||
| FY2011 | $7.67B | -16.3% | -$1.49B | ||
| FY2010 | $9.16B | +25.2% | +$1.84B | ||
| FY2009 | $7.32B | -22.5% | -$2.12B | ||
| FY2008 | $9.44B | +9.5% | +$821M | ||
| FY2007 | $8.62B | +23.2% | +$1.63B | ||
| FY2006 | $7B | -5.7% | -$420M | ||
| FY2005 | $7.42B | +17.9% | +$1.12B | ||
| FY2004 | $6.29B | +28.9% | +$1.41B | ||
| FY2003 | $4.88B | +67.2% | +$1.96B | ||
| FY2002 | $2.92B | -245.7% | +$4.92B | ||
| FY2001 | -$2B | -161.9% | -$5.24B | ||
| FY2000 | $3.24B | +8.4% | +$251M | ||
| FY1999 | $2.98B | +41.8% | +$880M | ||
| FY1998 | $2.1B | +29.3% | +$477M | ||
| FY1997 | $1.63B | +16.2% | +$226M | ||
| FY1996 | $1.4B | +117.9% | +$758M | ||
| FY1995 | $643M | +31.7% | +$155M | ||
| FY1994 | $488M | +85.2% | +$225M | ||
| FY1993 | $264M | +103.7% | +$134M | ||
| FY1992 | $129M | +95.5% | +$63.2M | ||
| FY1991 | $66.2M | +207.9% | +$44.7M | ||
| FY1990 | $21.5M | +211.6% | +$14.6M | ||
| FY1989 | $6.9M | +1280.0% | +$6.4M | ||
| FY1988 | $500K | — | — |
- FY2025$11.8B-3.5%
- FY2024$12.2B-19.0%
- FY2023$15B+7.6%
- FY2022$14B+8.9%
- FY2021$12.8B-5.8%
- FY2020$13.6B-4.2%
- FY2019$14.2B+15.5%
- FY2018$12.3B+2.8%
- FY2017$12B-5.4%
- FY2016$12.7B+17.5%
- FY2015$10.8B+15.2%
- FY2014$9.35B-17.6%
- FY2013$11.3B+8.4%
- FY2012$10.5B+36.3%
- FY2011$7.67B-16.3%
- FY2010$9.16B+25.2%
- FY2009$7.32B-22.5%
- FY2008$9.44B+9.5%
- FY2007$8.62B+23.2%
- FY2006$7B-5.7%
- FY2005$7.42B+17.9%
- FY2004$6.29B+28.9%
- FY2003$4.88B+67.2%
- FY2002$2.92B-245.7%
- FY2001-$2B-161.9%
- FY2000$3.24B+8.4%
- FY1999$2.98B+41.8%
- FY1998$2.1B+29.3%
- FY1997$1.63B+16.2%
- FY1996$1.4B+117.9%
- FY1995$643M+31.7%
- FY1994$488M+85.2%
- FY1993$264M+103.7%
- FY1992$129M+95.5%
- FY1991$66.2M+207.9%
- FY1990$21.5M+211.6%
- FY1989$6.9M+1280.0%
- FY1988$500K—
Operating Income 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 Operating Income at Cisco (CSCO)
According to Cisco's latest reported financial statements, the company's current operating income (TTM) is $14.2B. 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 .
In 2025, Cisco (CSCO) operating income totalled $11.8B – 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 $15B to $11.8B.
The record annual operating income stands at $15B, reached in 2023; the historical low of -$2B was recorded in 2001.
Cisco Operating Income by Year
Cisco Operating Income 2025: $11.8B
2025's operating income for Cisco came in at $11.8B, edged down 3.5% below 2024.
Cisco Operating Income 2024: $12.2B
Cisco posted operating income of $12.2B in 2024, declined 19.0% below 2023.
Cisco Operating Income 2023: $15B
In 2023, Cisco reported operating income of $15B, grew 7.6% from 2022. This figure represents the highest annual value in the available history.
Cisco Operating Income 2022: $14B
Cisco operating income in 2022 was $14B, grew 8.9% from 2021.
Cisco Operating Income 2021: $12.8B
Cisco operating income in 2021 was $12.8B.
See more financial history for Cisco (CSCO).
Sector peers by Operating Income
Technology peers of Cisco (CSCO), ranked by their latest operating income
| $155B | |
| $133B | |
| $130B | |
| $63.1B | |
| $25.5B | |
| $9.87B | |
| $3.69B |
- $155B
- $133B
- $130B
- $63.1B
- $25.5B
- $9.87B
- $3.69B
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