EI Earnings Insight Lab
Cisco Systems Inc.

Cisco Systems Inc. Q4 2022 Earnings Analysis

Reported on 2022-09-08 / Fiscal Quarter Q4 2022
Revenue Down YoY Sequential Improvement Margin Under Pressure EPS Below Prior Year Weak Quarter
Cisco Systems Inc. faced a challenging Q4 2022, with pressure on both growth and profitability.

Revenue declined 0.2% year over year and rose 2.1% sequentially. Margins weakened from the previous quarter, indicating ongoing pressure on profitability. Year-over-year earnings remained under pressure, showing that the recovery in profitability is still incomplete.

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Source: Company filings / processed earnings data
Revenue
$13.1B
YoY: -0.1828%
QoQ: 2.0802%
Net Income
$2.8B
YoY: -6.4473%
QoQ: -7.52%
EPS (Diluted)
$0.68
YoY: -4.23%
Net Margin
21.5%
YoY: -1.44 pts
QoQ: -2.23 pts
Gross Margin
60.7%
Operating Margin
26.5%
Growth

Revenue trend

Revenue remains weak year over year, but sequential improvement suggests near-term stabilization.

Profitability

Margin and earnings quality

Margins deteriorated from last quarter, indicating weaker profit conversion.

Investor Focus

What matters next

Investor focus is likely to remain on whether management can restore earnings momentum over coming quarters.

Revenue & YoY Growth

Quarterly

Revenue trend and year-over-year growth across recent reported quarterly periods.

Net Income & Net Margin

Quarterly

Net income and net margin trend over recent reported quarterly periods.

Revenue Analysis

Cisco Systems Inc. reported $13.1B in revenue for Q4 2022, down 0.2% YoY and up 2.1% QoQ. The result suggests that although topline pressure remains, quarterly demand may be starting to stabilize.

Revenue Snapshot
Current Quarter $13.1B
Previous Quarter $12.8B
Same Quarter Last Year $13.1B
YoY Change -0.2%
QoQ Change +2.1%

Profitability Analysis

Net income came in at $2.8B, down 6.4% YoY and down 7.5% QoQ. Net margin was 21.5%. Sequential margin deterioration suggests profitability remains under pressure.

Profitability Snapshot
Net Income $2.8B
EPS $0.68
Net Margin 21.5%
QoQ Margin Change -2.2 pts

Frequently Asked Questions

Quick factual answers for this report. Need the why behind them? Ask the report assistant.

What was Cisco Systems Inc.'s revenue in Q4 2022?

Cisco Systems Inc. reported revenue of $13.1B in Q4 2022.

What was Cisco Systems Inc.'s net income in Q4 2022?

Cisco Systems Inc. reported net income of $2.8B in Q4 2022.

How did Cisco Systems Inc.'s revenue change year over year?

Cisco Systems Inc.'s revenue decreased by 0.2% year over year in Q4 2022.

What was Cisco Systems Inc.'s net margin in Q4 2022?

Cisco Systems Inc.'s net margin was 21.5% in Q4 2022.

Related
Cisco Systems Inc. Q3 2022 Earnings

Compare this quarter with the previous earnings report.

Related
Cisco Systems Inc. Company Overview

Explore company profile, industry, and historical context.

Related
Cisco Systems Inc. Revenue & Profit Trends

View more quarterly financial trend pages for this company.

Data Source & Methodology

Financial data is sourced from company filings and internal processed earnings data.

YoY and QoQ values are derived from reported quarterly figures when not directly available.

This page is for informational purposes only and does not constitute investment advice.

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