OakChart

Cisco Systems Inc

CSCOTechnology·Communication Equipment·USA·Mega·NASD·Nov 11 • 1:28 PM ET

102.01+3.86 (3.94%)
2026-11-11 19:29 CET
Market cap
386,414.59 USD m
Revenue, TTM
63,325.00 USD m
Net income, TTM
13,267.00 USD m
Free cash flow, TTM
12,767.00 USD m
EPS diluted, TTM
3.33
P/E
30.65
Compare

Price

CSCO against its 20, 50 and 200-day averages
2050200beatearnings
80.00100.00120.0035.5M70.9MMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26CSCOclose 102.0220-day 104.5350-day 108.19200-day 102.16102.0252w high

21.7% under the 52-week high of 130.37 on 4 Jun 2026. 52-week low 71.10 on 11 Nov 2025. Last 15 sessions, 20.7% high to low

Profile

CSCO
52-week range, 52% of the way up
71.10130.37

Cisco Systems, Inc. engages in the design, manufacture, and sale of Internet Protocol-based networking products and services related to the communications and information technology industry. The firm operates through the following geographical segments: the Americas, EMEA, and APJC. Its products include the following categories: Secure, Agile Networks, Internet for the Future, Collaboration, End-to-End Security, Optimized Application Experiences, and Other Products. The company was founded by Sandra Lerner and Leonard Bosack in 1984 and is headquartered in San Jose, CA.

IndexDJIA, NDX, S&P 500, RUI
Employees82400
IPOFeb 16, 1990
Beta1.01
ATR, 14d3.64
Rel volume0.66
Short float1.55%
Insider own0.25%
Inst own83.60%

Snapshot

6 groups

Valuation

IndexDJIA, NDX, S&P 500, RUI
Market Cap401.63B
Enterprise Value416.89B
Income13.27B
Sales63.33B
Book/sh12.74
Cash/sh4.05
Dividend Est.1.70 (1.67%)
Dividend TTM1.67 (1.64%)
Dividend Ex-DateOct 02, 2026
Dividend Gr. 3/5Y2.53% 2.60%
Payout49.89%
Employees82400
IPOFeb 16, 1990

Ratios

P/E30.65
Forward P/E18.38
PEG1.57
P/S6.34
P/B8.01
P/C25.22
P/FCF31.46
EV/EBITDA22.57
EV/Sales6.58
Quick Ratio0.79
Current Ratio0.93
Debt/Eq0.62
LT Debt/Eq0.41
Option/ShortYes / Yes

Earnings

EPS (ttm)3.33
EPS next Y5.55
EPS next Q1.33
EPS this Y17.87%
EPS next Y8.73%
EPS next 5Y11.71%
EPS past 3/5Y2.69% 5.88%
Sales past 3/5Y3.57% 4.92%
EPS Y/Y TTM27.65%
Sales Y/Y TTM11.77%
EPS Q/Q36.96%
Sales Q/Q17.58%
EarningsNov 12 AMC
EPS/Sales Surpr.4.52% 2.47%

Ownership

Insider Own0.25%
Insider Trans-1.15%
Inst Own83.60%
Inst Trans-0.28%
ROA10.53%
ROE27.32%
ROIC18.71%
Gross Margin63.41%
Oper. Margin25.16%
Profit Margin20.95%
SMA20-2.41%
SMA50-5.71%
SMA200-0.14%
Trades-

Technical

Shs Outstand3.95B
Shs Float3.93B
Short Float1.55%
Short Ratio3.27
Short Interest61.01M
52W High130.37 -21.75%
52W Low71.10 43.49%
Volatility4.40% 3.19%
ATR (14)3.64
RSI (14)45.06
Beta1.01
Rel Volume0.66
Avg Volume18.68M
Volume7,798,799

Performance

Perf Week-1.54%
Perf Month-11.35%
Perf Quarter-10.10%
Perf Half Y0.14%
Perf YTD32.44%
Perf Year42.26%
Perf 3Y93.98%
Perf 5Y79.73%
Perf 10Y225.30%
Recom1.88
Target Price136.91
Prev Close98.15
Price102.01
Change %3.94%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Nov 05, 2026DowngradeMMorgan StanleyOverweight → Equal-Weight$120+17.6%
Sep 30, 2026InitiatedBBernsteinMkt Perform$110+7.8%
Sep 01, 2026InitiatedDDeutsche BankBuy$135+32.3%
Aug 14, 2026DowngradeHHSBC SecuritiesBuy → Hold$120+17.6%
May 15, 2026UpgradeHHSBC SecuritiesHold → Buy$137+34.3%
Mar 31, 2026InitiatedTTruistBuy$94-7.9%
Feb 18, 2026DowngradeEErste GroupBuy → Hold
Jan 26, 2026UpgradeEEvercore ISIIn-line → Outperform$100-2.0%
Nov 10, 2025UpgradeEErste GroupHold → Buy
Nov 03, 2025UpgradeUUBSNeutral → Buy$88-13.7%

Peers

Mkt cap
TickerCompanyMkt cap
ANETArista Networks Inc250.36B
HPEHewlett Packard Enterprise Co68.42B
NOKNokia Corp ADR48.30B
CIENCIENA Corp43.02B
PANWPalo Alto Networks Inc279.46B
AVGOBroadcom Inc1686.79B
MSIMotorola Solutions Inc87.59B
DELLDell Technologies Inc244.27B
IBMInternational Business Machines Corp233.92B
NTAPNetapp Inc36.80B

Insider trading

latest 14 of 92
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Subaiya Thimaya K.EVP, OperationsSep 14 '26Sale110.1831234,376127,661Sep 14 07:13 PM
Tuszik OliverEVP, Global SalesSep 14 '26Sale110.1868074,922163,337Sep 14 07:11 PM
Patterson MarkEVP and CFOSep 11 '26Sale108.871,795195,422165,778Sep 14 07:11 PM
THIMAYA SUBAIYAOfficerSep 14 '26Proposed Sale112.1331234,985Sep 14 04:48 PM
OLIVER TUSZIKOfficerSep 14 '26Proposed Sale112.1368076,248Sep 14 04:47 PM
MARK PATTERSONOfficerSep 11 '26Proposed Sale107.441,795192,855Sep 11 04:31 PM
Fink Nichlas ASVP, Chief Accounting OfficerSep 08 '26Sale109.362,274248,68531,352Sep 09 04:08 PM
NICHLAS ADAM FINKOfficerSep 08 '26Proposed Sale109.202,274248,321Sep 08 04:23 PM
Subaiya Thimaya K.EVP, OperationsAug 19 '26Sale111.475,832650,074128,382Aug 20 04:48 PM
THIMAYA SUBAIYAOfficerAug 19 '26Proposed Sale111.615,832650,910Aug 19 04:31 PM
Patel Jeetendra IPresident and CPOAug 14 '26Sale111.577,170799,928230,593Aug 17 05:28 PM
Tuszik OliverEVP, Global SalesAug 14 '26Sale112.462,760310,390165,276Aug 17 05:27 PM
Patterson MarkEVP and CFOAug 14 '26Sale111.515,192578,979169,127Aug 17 05:25 PM
Stahlkopf Deborah LEVP and Chief Legal OfficerAug 14 '26Sale111.536,487723,494167,116Aug 17 05:24 PM

Held by

AUM
TickerCompanyAUM
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
VOOVanguard S&P 500 ETFAUM: 1054.75B
QQQInvesco QQQ Trust Series 1AUM: 463.98B
IVViShares Core S&P 500 ETFAUM: 871.38B
SPYSPDR S&P 500 ETF TrustAUM: 793.23B
VTVVanguard Morningstar Value ETFAUM: 196.23B
VGTVanguard Information Technology ETFAUM: 138.05B
XLKState Street Technology Select Sector SPDR ETFAUM: 112.79B
VIGVanguard Dividend Appreciation FTFAUM: 117.07B
QQQMInvesco NASDAQ 100 ETFAUM: 106.59B

News

latest 14 of 100

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2027Q12026-11-12-1.326--18,12324
2026Q42026-08-121.2201.1670.97017,25216,83623
2026Q32026-05-131.0601.0350.84715,84115,55821
2026Q22026-02-111.0401.0220.79715,34915,11220
2026Q12025-11-121.0000.9820.71614,88314,77520
2025Q42025-08-130.9900.9770.70714,67314,61619
2025Q32025-05-140.9600.9170.62214,14914,04818
2025Q22025-02-120.9400.9100.60613,99113,87119
2025Q12024-11-130.9100.8720.67613,84113,77520
2024Q42024-08-140.8700.8490.53613,64213,53522
2024Q32024-05-150.8800.8280.46512,70212,53422
2024Q22024-02-140.8700.8390.64712,79112,70621
2024Q12023-11-151.1101.0310.89014,66814,62620
2023Q42023-08-161.1401.0580.96715,20315,05023
2023Q32023-05-171.0000.9730.78214,57114,39521
2023Q22023-02-150.8800.8550.67413,59213,41923

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2019FY3.1003.0792.61051,90451,844
2020FY3.2103.1482.63649,30149,235
2021FY3.2203.2052.50049,81849,722
2022FY3.3603.3512.81851,55751,184
2023FY3.8903.8063.07356,99856,844
2024FY3.7303.7052.54153,80353,698
2025FY3.8103.7892.54656,65456,616
2026FY4.3304.2773.33063,32562,916
2027FY-5.104--72,986
2028FY-5.549--78,044
2029FY-6.036--83,405
2030FY-6.420--93,122

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2027Q1S2026-11-09201018,12318,01718,423
2027Q1S2026-10-27200018,10718,01718,165
2027Q1S2026-10-142016018,10718,01718,165
2027Q1S2026-10-132016018,10718,01718,165
2027Q1S2026-10-052016018,11118,02818,165
2027Q1S2026-09-282016018,11018,02818,165
2027Q1S2026-09-221916018,10918,02818,165
2027Q1S2026-09-181916018,10918,02818,165
2027Q1S2026-09-141916018,10918,02818,165
2027Q1S2026-08-281916018,10918,02818,165
2027Q1S2026-08-251816018,11018,02818,165
2027Q1S2026-08-221816018,11018,02818,165
2027Q1S2026-08-201916018,06017,17218,165
2027Q1S2026-08-141916018,06217,17218,165

Estimate history

EPS, annual0.022.612.6362.52.8183.0732.5412.5463.328
Period201820192020202120222023202420252026
EPS, quarterly0.5360.6760.6060.6220.7070.7160.7970.8470.969
PeriodQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26
Sales, annual493305190249302498185155756998538035665463325
Period201820192020202120222023202420252026
Sales, quarterly136421384113991141491467314883153491584117252
PeriodQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26
Shares, annual461442504237421741104066400739603946
Period201820192020202120222023202420252026
Shares, quarterly400739743977396039603938394939403946
PeriodQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26

Income statement, annual

Currency USD, millions
MetricTTM2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY
Total Revenue63,325.0063,325.0056,654.0053,803.0056,998.0051,557.0049,818.0049,302.0051,902.00
Cost of Goods Sold Incl. D&A23,171.0022,966.0020,489.0019,673.0021,141.0019,622.0018,139.0017,760.0018,734.00
Gross Profit40,154.0040,359.0036,165.0034,130.0035,857.0031,935.0031,679.0031,542.0033,168.00
Selling, General and Administrative Excl. Other24,012.0024,012.0023,302.0021,226.0019,941.0017,818.0018,071.0017,444.0017,990.00
Research and Development9,563.009,563.009,300.007,983.007,551.006,774.006,549.006,347.006,577.00
Other Operating Expense210.00415.00403.000.00386.000.000.000.00640.00
Operating Income15,932.0015,932.0012,460.0012,904.0015,530.0014,117.0013,608.0014,098.0014,538.00
Interest Expense1,470.001,470.001,593.001,006.00427.00360.00434.00585.00866.00
Unusual Expense645.00645.00598.00883.00485.00376.00753.00480.00389.00
Net Income Before Taxes16,009.0016,009.0011,100.0012,234.0015,318.0014,477.0013,262.0013,970.0014,571.00
Income Taxes2,742.002,742.00920.001,914.002,705.002,665.002,671.002,756.002,950.00
Consolidated Net Income13,267.0013,267.0010,180.0010,320.0012,613.0011,812.0010,591.0011,214.0011,621.00
Net Income From Continuing Operations13,267.0013,267.0010,180.0010,320.0012,613.0011,812.0010,591.0011,214.0011,621.00
Net Income13,267.0013,267.0010,180.0010,320.0012,613.0011,812.0010,591.0011,214.0011,621.00
EPS (Recurring)3.443.442.652.693.162.882.622.722.67
EPS (Basic, Before Extraordinaries)3.363.362.562.553.082.832.512.652.63
EPS (Diluted)3.333.332.552.543.072.822.502.642.61
EBITDA18,472.0018,472.0015,271.0015,411.0017,256.0016,074.0015,470.0015,906.0016,435.00
Non-Operating Income (Expense)2,192.002,192.00831.001,219.00700.001,096.00841.00937.001,288.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense2,655.002,655.002,770.002,378.001,904.001,429.001,374.001,117.001,049.00
Price To Earnings Ratio29.4829.4827.9019.1016.9515.9222.9817.9121.31
Price To Sales Ratio7.187.194.853.613.753.694.714.004.85
Gross Margin63.4163.7363.8363.4462.9161.9463.5963.9863.91
Operating Margin25.1625.1621.9923.9827.2527.3827.3228.6028.01
Net Margin20.9520.9517.9719.1822.1322.9121.2622.7522.39
Shares Outstanding3,946.003,946.003,960.004,007.004,066.004,110.004,217.004,237.004,250.00
Market Capitalization386,414.59386,414.59269,596.80195,195.84212,066.12187,875.36233,340.25198,870.33237,152.44

Income statement, quarterly

Currency USD, millions
Metric2026Q42026Q32026Q22026Q12025Q42025Q32025Q22025Q1
Total Revenue17,252.0015,841.0015,349.0014,883.0014,673.0014,149.0013,991.0013,841.00
Cost of Goods Sold Incl. D&A6,309.005,989.005,608.005,265.005,292.005,115.005,145.004,880.00
Gross Profit10,943.009,852.009,741.009,618.009,381.009,034.008,846.008,961.00
Selling, General and Administrative Excl. Other6,100.005,925.005,932.006,055.006,032.005,692.005,732.005,846.00
Research and Development2,431.002,377.002,355.002,400.002,380.002,335.002,299.002,286.00
Other Operating Expense106.000.000.00104.000.000.000.00105.00
Operating Income4,737.003,927.003,809.003,459.003,349.003,342.003,114.003,010.00
Interest Expense373.00377.00370.00350.00368.00403.00404.00418.00
Unusual Expense536.00-64.0031.00142.00-127.00-23.0064.00684.00
Net Income Before Taxes4,933.004,039.003,646.003,391.003,354.002,947.002,887.002,267.00
Income Taxes1,074.00666.00471.00531.00531.00456.00459.00-444.00
Consolidated Net Income3,859.003,373.003,175.002,860.002,823.002,491.002,428.002,711.00
Net Income From Continuing Operations3,859.003,373.003,175.002,860.002,823.002,491.002,428.002,711.00
Net Income3,859.003,373.003,175.002,860.002,823.002,491.002,428.002,711.00
EPS (Recurring)1.060.840.800.740.680.620.620.79
EPS (Basic, Before Extraordinaries)0.980.850.800.720.710.630.610.68
EPS (Diluted)0.970.850.800.720.710.620.610.68
EBITDA5,375.004,564.004,468.004,065.003,984.003,968.003,875.003,799.00
Non-Operating Income (Expense)1,105.00425.00238.00424.00246.00-15.00241.00359.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense566.00639.00636.00814.00748.13727.00697.00653.00
Price To Earnings Ratio29.4832.1929.5328.0027.9025.3026.0923.58
Price To Sales Ratio7.185.835.034.894.844.084.604.22
Gross Margin63.4362.1963.4664.6263.9363.8563.2364.74
Operating Margin27.4624.7924.8223.2422.8223.6222.2621.75
Net Margin22.3721.2920.6919.2219.2417.6117.3519.59
Shares Outstanding3,946.003,940.003,949.003,938.003,960.003,960.003,977.003,974.00
Market Capitalization386,414.59361,414.93309,449.37289,018.45269,596.80229,666.68241,355.26218,314.32

Balance sheet, annual

Currency USD, millions
Metric2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Cash & Short Term Investments15,927.0017,237.0019,369.0026,337.0019,267.0024,532.0029,419.0033,413.0046,548.00
Short Term Receivables12,762.0011,462.0010,023.009,206.0010,527.0010,146.0010,523.0010,586.0010,503.00
Inventories5,694.003,164.003,373.003,644.002,568.001,559.001,282.001,383.001,846.00
Other Current Assets4,282.003,123.004,097.001,461.004,355.002,875.002,349.002,373.002,940.00
Total Current Assets38,665.0034,986.0036,862.0040,648.0036,717.0039,112.0043,573.0047,755.0061,837.00
Net Property, Plant & Equipment4,155.003,414.003,156.003,056.003,000.003,433.003,374.002,789.003,006.00
Total Investments and Advances4,074.001,912.002,947.004,435.004,909.003,103.001,451.001,200.001,096.00
Long-Term Note Receivable6,440.004,966.003,376.003,483.004,009.004,884.005,714.004,958.004,882.00
Intangible Assets67,034.0068,311.0069,879.0040,353.0040,873.0041,787.0035,382.0035,730.0034,258.00
Deferred Tax Assets7,109.007,356.006,262.006,576.004,449.004,360.003,990.004,065.003,219.00
Other Assets2,160.001,346.001,931.003,301.0045.00818.001,369.001,296.00486.00
Total Assets129,637.00122,291.00124,413.00101,852.0094,002.0097,497.0094,853.0097,793.00108,784.00
Short Term Debt Incl. Current Port. of LT Debt10,565.005,607.0011,705.002,046.001,421.002,845.003,346.0010,191.005,238.00
Accounts Payable3,366.002,528.002,304.002,313.002,281.002,362.002,218.002,059.001,904.00
Income Tax Payable190.001,857.001,439.004,235.00961.00801.00839.001,149.001,004.00
Other Current Liabilities27,404.0025,072.0025,136.0022,715.0020,977.0020,249.0018,928.0018,313.0018,889.00
Total Current Liabilities41,525.0035,064.0040,584.0031,309.0025,640.0026,257.0025,331.0031,712.0027,035.00
Long Term Debt20,620.0024,036.0020,527.007,365.009,140.009,849.0012,239.0014,475.0020,331.00
Provision for Risks Charges0.000.000.000.000.000.000.000.000.00
Deferred Tax Liabilities-----134.0081.00--
Other Liabilities17,207.0016,348.0017,845.0018,825.0019,449.0019,982.0019,282.0018,035.0018,214.00
Total Liabilities79,352.0075,448.0078,956.0057,499.0054,229.0056,222.0056,933.0064,222.0065,580.00
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity50,285.0046,843.0045,457.0044,353.0039,773.0041,275.0037,920.0033,571.0043,204.00
Total Shareholders Equity50,285.0046,843.0045,457.0044,353.0039,773.0041,275.0037,920.0033,571.0043,204.00
Accumulated Minority Interest0.000.000.000.000.000.000.000.000.00
Total Equity50,285.0046,843.0045,457.0044,353.0039,773.0041,275.0037,920.0033,571.0043,204.00
Total Liabilities & Stockholders Equity129,637.00122,291.00124,413.00101,852.0094,002.0097,497.0094,853.0097,793.00108,784.00
Book Value Per Share12.7411.8311.3410.919.689.798.957.909.36
Tangible Book Value Per Share-4.24-5.42-6.090.98-0.27-0.120.60-0.511.94
Full-Time Employees82,40086,20090,40084,90083,30079,50077,50075,90074,200
Price to Book Ratio7.705.874.274.774.665.805.267.014.52
Return on Assets10.538.259.1212.8812.3411.0111.6411.250.09
Return on Equity27.3222.0622.9829.9929.1526.7531.3730.270.20
Return on Invested Capital18.7114.3615.6424.3924.1520.7222.3624.190.17
Quick Ratio0.790.910.831.181.331.431.671.462.22
Current Ratio0.931.000.911.301.431.491.721.512.29

Cash flow, annual

Currency USD, millions
MetricTTM2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY
Net Income13,267.0013,267.0010,180.0010,320.0012,613.0011,812.0010,591.0011,214.0011,621.00
Depreciation2,540.002,540.002,811.002,507.001,726.001,957.001,862.001,808.001,897.00
Other Funds (Non Cash)2,495.002,495.003,627.003,323.002,590.001,488.001,401.001,524.001,586.00
Funds from Operations18,528.0018,528.0015,485.0015,178.0014,844.0014,948.0013,470.0014,508.0014,754.00
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-4,351.00-4,351.00-1,292.00-4,298.005,042.00-1,722.001,984.00918.001,077.00
Income Taxes Payable-2,304.00-2,304.00-1,839.00-4,539.001,218.00-690.00-549.00-322.00312.00
Cash from Operating Activities14,177.0014,177.0014,193.0010,880.0019,886.0013,226.0015,454.0015,426.0015,831.00
Capital Expenditures-1,410.00-1,410.00-905.00-670.00-849.00-477.00-692.00-770.00-909.00
Net Assets From Acquisitions-516.00-516.00-291.00-25,994.00-301.00-373.00-7,038.00-327.00-2,175.00
Sale of Fixed Assets and Businesses0.000.000.000.003.0091.0028.00179.0022.00
Purchase or Sale of Investments-1,532.00-1,532.002,920.006,191.00-3,934.002,327.002,473.004,428.0017,911.00
Purchase of Investments-9,920.00-9,920.00-4,972.00-4,514.00-11,056.00-6,256.00-9,503.00-9,402.00-2,564.00
Sale Or Maturity of Investments8,388.008,388.007,892.0010,705.007,122.008,583.0011,976.0013,830.0020,475.00
Other Uses-26.00-26.000.00-5.00-26.00-15.00-56.00-10.00-12.00
Other Sources0.000.009.000.000.000.000.000.000.00
Cash from Investing Activities-3,484.00-3,484.001,733.00-20,478.00-5,107.001,553.00-5,285.003,500.0014,837.00
Cash Dividends Paid-6,553.00-6,553.00-6,437.00-6,384.00-6,302.00-6,224.00-6,163.00-6,016.00-5,979.00
Change in Capital Stock-7,174.00-7,174.00-6,486.00-6,065.00-4,190.00-7,721.00-2,870.00-2,731.00-20,939.00
Repurchase of Common Pref Stock-7,979.00-7,979.00-7,222.00-6,779.00-4,890.00-8,381.00-3,513.00-3,386.00-21,579.00
Sale of Common Pref Stock805.00805.00736.00714.00700.00660.00643.00655.00640.00
Proceedsfrom Stock Options805.00805.00736.00714.00700.00660.00643.00655.00640.00
Issuance or Reduction of Debt, Net1,413.001,413.00-2,812.0019,330.00-1,102.00-1,895.00-3,005.00-10,190.00-1,084.00
Change in Long Term Debt797.00797.00-2,781.0018,852.00-500.00-2,501.00-3,000.00-6,720.00-4,530.00
Issuance of Long Term Debt13,048.0013,048.0019,292.0031,818.000.001,049.000.000.002,250.00
Reduction of Long Term Debt-12,251.00-12,251.00-22,073.00-12,966.00-500.00-3,550.00-3,000.00-6,720.00-6,780.00
Net Financing Active Other Cash Flow-33.00-33.00-80.00-37.00-32.00-122.00-1.0051.00113.00
Other Financing Activities Uses-33.00-33.00-80.00-37.00-32.00-122.00-1.000.000.00
Cash from Financing Activities-12,347.00-12,347.00-15,815.006,844.00-11,626.00-15,962.00-12,039.00-18,886.00-27,889.00
Exchange Rate Effect-29.00-29.00-43.00-31.00-105.00-180.00---
Net Change in Cash-1,683.00-1,683.0068.00-2,785.003,048.00-1,363.00-1,870.0040.002,779.00
Free Cash Flow12,767.0012,767.0013,288.0010,210.0019,037.0012,749.0014,762.0014,656.0014,922.00
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow73.2073.2540.0950.8316.7929.1527.2822.8528.15
Deferred Taxes & Investment Tax Credit-226.00-1,133.00-972.00-2,085.00-309.00-384.00-38.00-350.00

Balance sheet, quarterly

Currency USD, millions
Metric2026Q42026Q32026Q22026Q12025Q42025Q3
Cash & Short Term Investments15,927.0016,640.0015,778.0015,737.0017,237.0017,147.00
Short Term Receivables12,762.0011,216.0011,350.009,712.0011,462.0011,235.00
Inventories5,694.004,708.003,920.003,395.003,164.002,832.00
Other Current Assets4,282.003,995.002,583.004,032.003,123.00102.00
Total Current Assets38,665.0036,559.0033,631.0032,876.0034,986.0031,316.00
Net Property, Plant & Equipment4,155.004,027.003,759.003,551.003,414.003,295.00
Total Investments and Advances4,074.002,991.002,143.002,127.001,912.002,017.00
Intangible Assets67,034.0067,142.0067,541.0067,832.0068,311.0068,667.00
Deferred Tax Assets7,109.007,558.007,399.007,314.007,356.007,016.00
Other Assets2,160.002,127.003,600.002,083.002,846.004,224.00
Total Assets129,637.00125,546.00123,371.00121,102.00122,291.00119,782.00
Short Term Debt Incl. Current Port. of LT Debt10,565.0012,342.009,124.007,128.005,607.006,772.00
Accounts Payable3,366.002,970.002,762.002,418.002,528.002,260.00
Income Tax Payable190.00173.00195.002,471.001,857.001,821.00
Other Current Liabilities27,404.0024,056.0024,705.0023,434.0025,072.0023,642.00
Total Current Liabilities41,525.0039,541.0036,786.0035,451.0035,064.0034,495.00
Long Term Debt20,620.0020,659.0022,616.0022,509.0024,036.0023,971.00
Provision for Risks Charges0.000.000.000.000.000.00
Other Liabilities17,207.0016,485.0016,246.0016,269.0016,348.0015,381.00
Total Liabilities79,352.0076,685.0075,648.0074,229.0075,448.0073,847.00
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity50,285.0048,861.0047,723.0046,873.0046,843.0045,935.00
Total Shareholders Equity50,285.0048,861.0047,723.0046,873.0046,843.0045,935.00
Accumulated Minority Interest0.000.000.000.000.000.00
Total Equity50,285.0048,861.0047,723.0046,873.0046,843.0045,935.00
Total Liabilities & Stockholders Equity129,637.00125,546.00123,371.00121,102.00122,291.00119,782.00
Book Value Per Share12.7412.4012.0811.9011.8311.60
Tangible Book Value Per Share-4.24-4.64-5.02-5.32-5.42-5.74
Full-Time Employees82,400---86,200-
Price to Book Ratio7.707.576.586.185.875.04
Return on Assets10.539.979.278.678.478.07
Return on Equity27.3225.8024.3423.0122.6521.36
Return on Invested Capital5.444.854.514.123.983.56
Quick Ratio0.790.810.810.830.910.83
Current Ratio0.930.920.910.931.000.91

Cash flow, quarterly

Currency USD, millions
Metric2026Q42026Q32026Q22026Q12025Q42025Q3
Net Income3,859.003,373.003,175.002,860.002,550.002,491.00
Depreciation638.00637.00659.00606.00635.00626.00
Other Funds (Non Cash)81.00653.00887.00874.00865.001,012.00
Funds from Operations5,021.004,510.004,632.004,365.003,709.003,719.00
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital365.00-753.00-2,810.00-1,153.00525.00338.00
Income Taxes Payable38.00161.00-2,375.00-128.00163.00283.00
Cash from Operating Activities5,386.003,757.001,822.003,212.004,234.004,057.00
Capital Expenditures-390.00-414.00-283.00-323.00-217.00-261.00
Net Assets From Acquisitions-470.000.00-39.00-7.000.00-34.00
Sale of Fixed Assets and Businesses0.000.000.000.000.000.00
Purchase or Sale of Investments616.00-1,658.00-998.00508.00-70.00800.00
Purchase of Investments-1,854.00-3,773.00-2,291.00-2,002.00-1,641.00-933.00
Sale Or Maturity of Investments2,470.002,115.001,293.002,510.001,571.001,733.00
Other Uses-20.002.0014.00-22.005.000.00
Other Sources0.000.000.000.009.000.00
Cash from Investing Activities-264.00-2,070.00-1,306.00156.00-273.00505.00
Cash Dividends Paid-1,659.00-1,660.00-1,617.00-1,617.00-1,625.00-1,627.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock-1,561.00-1,544.00-1,793.00-2,276.00-1,148.00-1,760.00
Repurchase of Common Pref Stock-2,012.00-1,544.00-2,147.00-2,276.00-1,564.00-1,760.00
Sale of Common Pref Stock451.000.00354.000.00416.000.00
Proceedsfrom Stock Options451.000.00354.000.00416.000.00
Issuance or Reduction of Debt, Net-1,785.001,199.001,968.0031.00-1,176.00-1,672.00
Change in Long Term Debt-1,989.001,537.002,478.00-1,229.00-1,624.00-181.00
Issuance of Long Term Debt2,408.006,399.002,682.001,559.001,904.006,982.00
Reduction of Long Term Debt-4,397.00-4,862.00-204.00-2,788.00-3,528.00-7,163.00
Net Financing Active Other Cash Flow-1.00-34.003.00-1.000.00-78.00
Other Financing Activities Uses-1.00-32.001.00-1.000.00-78.00
Cash from Financing Activities-5,006.00-2,039.00-1,439.00-3,863.00-3,949.00-5,137.00
Exchange Rate Effect28.00-24.00-19.00-14.00-20.00-15.00
Net Change in Cash144.00-376.00-942.00-509.00-8.00-590.00
Free Cash Flow4,996.003,343.001,539.002,889.004,017.003,796.00
Price to Free Cash Flow73.2067.2751.6444.9740.0235.54

Revenue breakdown

Collaboration2025: 4.15B 2026: 4.30B
Consolidation, Policy2025: 1.00M
Networking2025: 28.30B 2026: 34.67B
Observability2025: 1.06B 2026: 1.10B
Security2025: 8.09B 2026: 8.23B
Service2025: 15.05B 2026: 15.03B
Americas2025: 33.66B 2026: 37.80B
Asia Pacific, Japan and China2025: 8.17B 2026: 8.91B
Consolidation, Policy2026: -1.00M
EMEA2025: 14.82B 2026: 16.61B

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-301.55%61.0M3927.1M18.04M
2026-10-151.53%60.1M3932.7M18.92M
2026-09-301.30%51.1M3932.7M19.98M
2026-09-151.47%57.7M3932.7M20.93M
2026-08-311.41%55.5M3933.1M22.76M
2026-08-141.50%58.9M3931.9M24.77M
2026-07-311.68%66.2M3932.0M25.26M
2026-07-151.65%64.8M3932.0M24.85M
2026-06-301.37%53.8M3932.0M24.01M
2026-06-151.57%61.8M3926.0M23.80M
2026-05-291.58%61.9M3932.0M23.31M
2026-05-151.50%59.0M3932.4M22.80M
2026-04-301.56%61.4M3940.6M23.58M
2026-04-151.47%58.0M3940.6M24.03M
2026-03-311.43%56.2M3940.2M24.18M
2026-03-131.65%65.1M3940.2M23.27M
2026-02-271.51%59.5M3940.2M22.14M
2026-02-131.40%55.3M3940.2M22.53M
2026-01-301.33%52.5M3941.6M21.32M
2026-01-151.46%57.6M3941.9M20.56M

Option chain

expiry 2026-11-13
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call65.0035.9537.500.003.6720.000.000.998-0.0290.000
call70.0030.9532.6539.083.37095.000.000.998-0.0290.001
call75.0026.0027.550.002.7340.000.000.995-0.0490.001
call78.0023.0024.5519.232.4591.000.000.985-0.1270.003
call79.0022.0524.0018.302.7991.000.000.980-0.1660.004
call80.0021.0523.0018.002.68710.000.000.978-0.1770.004
call81.0020.1021.6517.322.2732.000.000.975-0.1870.004
call82.0019.1021.6016.392.9781.000.000.958-0.3100.007
call83.0018.1520.1512.352.5583.000.000.956-0.3070.007
call84.0017.3019.3017.072.5641.001.000.950-0.3300.008
call85.0016.2517.8516.142.06179.001.000.948-0.3270.008
call86.0015.3517.400.002.3310.000.000.931-0.4210.010
call87.0014.4016.500.002.2810.000.000.917-0.4870.011
call88.0013.5015.5014.202.1627.002.000.902-0.5510.013
call89.0012.6014.5014.402.0567.000.000.884-0.6240.015
call90.0012.0513.1012.251.71711720.000.866-0.6870.016
call91.0010.9012.406.351.7792.000.000.845-0.7550.018
call92.0010.6011.355.701.64522.000.000.821-0.8340.019
call93.009.6010.859.751.77433.003.000.799-0.8890.021
call94.008.5010.055.201.74714.000.000.776-0.9290.022
call95.008.609.258.761.70581446.000.748-0.9940.024
call96.007.808.508.001.67910646.000.716-1.0790.025
call97.007.057.557.331.56942938.000.690-1.0840.026
call98.006.307.006.711.59851137.000.658-1.1420.027
call99.005.806.256.071.54616669.000.626-1.1660.028
call1005.405.655.501.5342,5744060.594-1.1740.029
call1015.005.155.061.5451471340.561-1.1990.029
call1024.354.604.551.5284952400.527-1.2140.030
call1033.754.154.001.5333441430.493-1.2040.030
call1043.403.753.551.5432711870.460-1.2130.030
call1053.153.353.201.5431,5085770.426-1.1830.029
call1062.742.882.801.5059411240.397-1.1810.029
call1072.382.642.501.5383801840.363-1.1310.028
call1082.122.252.201.5066,3553880.331-1.0800.027
call1091.772.011.901.5186461060.309-1.0820.026
call1101.521.771.671.5217773800.275-0.9970.025
call1111.261.521.421.5003301740.244-0.9180.023
call1121.121.291.191.4894,2811610.214-0.8360.022
call1131.041.101.021.48530283.000.190-0.7720.020
call1140.741.010.871.5186811760.174-0.7480.019
call1150.750.780.751.4897162990.150-0.6640.017
call1160.570.710.611.4932422390.133-0.6140.016
call1170.470.590.551.48231332.000.115-0.5500.014
call1180.420.480.441.4652922160.097-0.4830.013
call1190.340.400.371.46114028.000.084-0.4310.011
call1200.290.330.321.4545323600.071-0.3800.010
call1210.230.280.251.45957627.000.062-0.3410.009
call1220.140.240.191.46676722.000.054-0.3080.008
call1230.150.220.181.4931862.000.049-0.2920.008
call1240.000.620.051.54495.000.000.048-0.2950.007
call1250.100.130.101.45156147.000.032-0.1990.005
call1260.060.130.061.4981098.000.031-0.2010.005
call1270.000.160.101.5441036.000.030-0.2030.005
call1280.040.080.041.47460.0030.000.020-0.1390.004
call1290.020.050.051.42011152.000.014-0.0960.003
call1300.010.040.031.41930733.000.011-0.0810.002
call1310.000.050.021.63844.000.000.022-0.1640.004
call1320.000.050.011.4952011.000.011-0.0820.002
call1330.000.980.651.5332.000.000.011-0.0820.002
call1340.001.030.051.5707.000.000.010-0.0830.002
call1350.001.030.031.6073531.000.010-0.0830.002
call1400.001.960.131.78539.000.000.009-0.0850.002
call1450.002.130.091.95528.000.000.009-0.0870.002
call1500.000.090.062.11714.000.000.008-0.0890.002
call1550.002.130.012.27222.000.000.008-0.0900.002
put65.000.000.010.012.54910935.00-0.009-0.1100.002
put70.000.000.010.011.87076.0090.00-0.002-0.0260.001
put75.000.010.020.011.67231636.00-0.005-0.0450.001
put78.000.010.070.071.74018881.00-0.015-0.1230.003
put79.000.020.100.161.7627800.00-0.020-0.1620.004
put80.000.000.110.111.7112,7961,102-0.022-0.1730.004
put81.000.050.120.101.66332.0010.00-0.025-0.1830.004
put82.000.080.390.301.77357.000.00-0.039-0.2880.006
put83.000.110.220.171.690167103-0.041-0.2840.007
put84.000.130.340.211.755215632-0.056-0.3800.008
put85.000.210.330.271.6696701,307-0.059-0.3740.009
put86.000.240.390.331.64699.0049.00-0.069-0.4160.010
put87.000.370.490.431.653212111-0.083-0.4820.011
put88.000.460.600.591.652258270-0.098-0.5460.013
put89.000.620.740.671.658279120-0.116-0.6190.015
put90.000.690.880.771.651543302-0.134-0.6820.016
put91.000.911.051.011.649101116-0.155-0.7500.018
put92.001.101.271.151.660171158-0.179-0.8290.019
put93.001.251.451.351.63917840.00-0.201-0.8840.021
put94.001.521.621.541.60323173.00-0.224-0.9240.022
put95.001.781.901.901.60373793.00-0.252-0.9870.024
put96.002.062.302.151.652830367-0.284-1.0730.025
put97.002.332.502.481.61334237.00-0.309-1.0780.026
put98.002.722.972.821.628493181-0.342-1.1350.027
put99.003.053.403.201.637392182-0.373-1.1600.028
put1003.403.753.701.607351220-0.406-1.1680.029
put1013.954.204.101.618218255-0.439-1.1930.029
put1024.504.804.591.650231179-0.473-1.2070.030
put1034.955.305.171.61943069.00-0.508-1.1890.030
put1045.355.805.711.6663395.00-0.539-1.2060.030
put1056.056.506.301.6322461.00-0.573-1.1770.029
put1066.757.6512.851.81197.000.00-0.603-1.1760.029
put1077.307.9010.101.66888.000.00-0.640-1.1040.028
put1087.908.759.131.7311268.00-0.669-1.0720.027
put1098.7510.3015.502.03681.000.00-0.691-1.0740.026
put1109.2510.5010.791.8471941.00-0.725-0.9890.025
put11110.2511.3514.871.88936.000.00-0.756-0.9090.023
put11210.9012.0011.601.84429.009.00-0.786-0.8270.022
put11311.7013.5515.302.15738.000.00-0.810-0.7640.020
put11412.5514.4512.992.21132.001.00-0.826-0.7400.019
put11513.1014.8014.642.02286.0012.00-0.850-0.6560.017
put11614.3015.4514.701.94870.004.00-0.867-0.6060.016
put11714.9517.459.252.46761.000.00-0.885-0.5410.014
put11815.9018.4021.842.52936.000.00-0.903-0.4750.013
put11916.7519.3010.752.53619.000.00-0.916-0.4220.011
put12018.0519.2510.472.14720.000.00-0.929-0.3710.010
put12118.8521.0019.972.58515.007.00-0.938-0.3320.009
put12219.5022.1011.772.7012.000.00-0.946-0.2990.008
put12320.7022.650.002.5600.000.00-0.951-0.2830.008
put12421.6024.0516.312.8220.000.00-0.952-0.2860.007
put12522.7025.0527.072.8922.000.00-0.968-0.1900.005
put12623.2026.0027.992.8751.000.00-0.969-0.1910.005
put12724.6027.000.002.9990.000.00-0.970-0.1930.005
put12825.2028.000.003.0700.000.00-0.979-0.1300.004
put12926.4028.9521.773.1100.000.00-0.986-0.0870.003
put13027.4029.9532.273.1791.000.00-0.989-0.0710.002
put13128.4030.9533.193.2431.000.00-0.989-0.0710.002
put13229.4031.9534.153.3001.000.00-0.989-0.0720.002
put13330.2532.9535.083.2951.000.00-0.989-0.0720.002
put13431.2033.950.003.4230.000.00-0.990-0.0730.002
put13532.3534.9531.073.4820.000.00-0.990-0.0730.002
put14037.5539.950.003.7700.000.00-0.991-0.0740.002
put14542.5044.950.003.9650.000.00-0.991-0.0760.002
put15047.4549.950.004.2960.000.00-0.992-0.0770.002
put15552.5054.900.004.5020.000.00-0.992-0.0780.002

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-10SCHEDULE 13GSEC
2026-10-29ARSAnnual report to security holders. 2026-07-25SEC
2026-10-29DEFA14AProxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934SEC
2026-10-29DEF 14AProxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 19342026-12-15SEC
2026-10-1513F-HRFurther understand that each of 13F-HR, 13F-NT, and amendments thereto are mandatory electronic filings (hardship exemption exists to submit in paper; never used to the knowledge of IM staff);2026-09-30SEC
2026-10-134Statement of changes in beneficial ownership of securities2026-10-10SEC
2026-10-134Statement of changes in beneficial ownership of securities2026-10-09SEC
2026-10-133Initial statement of beneficial ownership of securities2026-10-09SEC
2026-10-098-KCurrent report2026-10-07SEC
2026-09-184Statement of changes in beneficial ownership of securities2026-09-16SEC
2026-09-184Statement of changes in beneficial ownership of securities2026-09-16SEC
2026-09-184Statement of changes in beneficial ownership of securities2026-09-16SEC
2026-09-184Statement of changes in beneficial ownership of securities2026-09-16SEC
2026-09-184Statement of changes in beneficial ownership of securities2026-09-16SEC
2026-09-184Statement of changes in beneficial ownership of securities2026-09-16SEC
2026-09-184Statement of changes in beneficial ownership of securities2026-09-16SEC
2026-09-174Statement of changes in beneficial ownership of securities2026-09-15SEC
2026-09-174Statement of changes in beneficial ownership of securities2026-09-15SEC
2026-09-174Statement of changes in beneficial ownership of securities2026-09-15SEC
2026-09-144Statement of changes in beneficial ownership of securities2026-09-10SEC
2026-09-14144Filing for proposed sale of securities under Rule 144.SEC
2026-09-14144Filing for proposed sale of securities under Rule 144.SEC
2026-09-144Statement of changes in beneficial ownership of securities2026-09-10SEC
2026-09-144Statement of changes in beneficial ownership of securities2026-09-10SEC
2026-09-11144Filing for proposed sale of securities under Rule 144.SEC
2026-09-094Statement of changes in beneficial ownership of securities2026-09-08SEC
2026-09-08144Filing for proposed sale of securities under Rule 144.SEC
2026-09-0210-KAnnual report pursuant to Section 13 or 15(d)2026-07-25SEC
2026-08-204Statement of changes in beneficial ownership of securities2026-08-19SEC
2026-08-20S-8Initial registration statement for securities to be offered to employees pursuant to employee benefit plansSEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-0900553.40K4
2026-08005.48M6
2026-070000
2026-06002.06M3
2026-05005.14M5
2026-040000
2026-03001.44M5
2026-02003.32M5
2026-010000
2025-12003.30M5
2025-110084.49M12

Institutional holders

Manager% owned
BlackRock, Inc.9.10%
VANGUARD CAPITAL MANAGEMENT LLC6.21%
STATE STREET CORP5.00%
Invesco Ltd.3.51%
VANGUARD PORTFOLIO MANAGEMENT LLC3.03%
GEODE CAPITAL MANAGEMENT, LLC2.59%
MORGAN STANLEY2.04%
Capital Research Global Investors1.70%
NORGES BANK1.39%
BANK OF AMERICA CORP /DE/1.27%

Funds

Fund% owned
PGIM Core Ultra Short Bond Fund2.92%
VANGUARD TOTAL STOCK MARKET INDEX FUND2.86%
VANGUARD 500 INDEX FUND2.60%
Invesco QQQ Trust, Series 12.12%
The DFA Short Term Investment Fund1.78%
VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND1.45%
iShares Core S&P 500 ETF1.38%
Fidelity 500 Index Fund1.30%
First Eagle Global Fund1.27%
SPDR S&P 500 ETF TRUST1.21%

OakChart. CSCO. Cached 15 minutes.