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Cisco Systems Inc.

Cisco Systems Inc. Q4 2024 Earnings Analysis

Reported on 2024-09-05 / Fiscal Quarter Q4 2024
Revenue Down YoY Sequential Improvement Margin Improving EPS Below Prior Year Mixed Quarter
Cisco Systems Inc. reported a mixed Q4 2024, with softer revenue but early signs of profitability stabilization.

Revenue declined 10.3% year over year and rose 7.4% sequentially. Margins improved from the previous quarter, suggesting stronger cost discipline and operational efficiency. 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
$13.6B
YoY: -10.2677%
QoQ: 7.4004%
Net Income
$2.2B
YoY: -45.3765%
QoQ: 14.63%
EPS (Diluted)
$0.54
YoY: -44.33%
Net Margin
15.8%
YoY: -10.19 pts
QoQ: 1 pts
Gross Margin
64.4%
Operating Margin
19.2%
Growth

Revenue trend

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

Profitability

Margin and earnings quality

Margins improved from last quarter, suggesting that cost controls are starting to offset topline weakness.

Investor Focus

What matters next

The earnings story is shifting from pure growth toward efficiency, pricing discipline, and margin defense.

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 $13.6B in revenue for Q4 2024, down 10.3% YoY and up 7.4% QoQ. The result suggests that although topline pressure remains, quarterly demand may be starting to stabilize.

Revenue Snapshot
Current Quarter $13.6B
Previous Quarter $12.7B
Same Quarter Last Year $15.2B
YoY Change -10.3%
QoQ Change +7.4%

Profitability Analysis

Net income came in at $2.2B, down 45.4% YoY and up 14.6% QoQ. Net margin was 15.8%. Sequential margin improvement suggests stronger operating discipline despite a mixed revenue environment.

Profitability Snapshot
Net Income $2.2B
EPS $0.54
Net Margin 15.8%
QoQ Margin Change +1 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 2024?

Cisco Systems Inc. reported revenue of $13.6B in Q4 2024.

What was Cisco Systems Inc.'s net income in Q4 2024?

Cisco Systems Inc. reported net income of $2.2B in Q4 2024.

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

Cisco Systems Inc.'s revenue decreased by 10.3% year over year in Q4 2024.

What was Cisco Systems Inc.'s net margin in Q4 2024?

Cisco Systems Inc.'s net margin was 15.8% in Q4 2024.

Related
Cisco Systems Inc. Q3 2024 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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