Cisco Systems Inc. (NASDAQ: CSCO)

Q: What is Cisco Systems Inc.'s revenue?

Cisco Systems Inc. has annual revenue of approximately $49.33 billion.

Q: How many employees does Cisco Systems Inc. have?

Cisco Systems Inc. employs approximately 85,000 people.

Communication Equipment · San Jose, CA, United States · Founded 1984

$230.0B

Market Cap

$49.33B

Revenue

85,000

Employees

$10.18B

Net Income

📊 Key Statistics for Cisco Systems Inc. (CSCO)

Market capitalization: $230.0 billion
Annual revenue: $49.33 billion
Net income: $10.18 billion
Employees: 85,000
Sector: Technology
Headquarters: San Jose, United States
Founded: 1984

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📋 About Cisco Systems Inc.

Cisco dominates enterprise networking — its routers and switches carry the majority of the world's internet traffic. Annual revenue is about $57 billion, and the company has been aggressively shifting toward software and subscription models. The $28 billion acquisition of Splunk in 2024 was its largest deal ever, pushing Cisco deeper into cybersecurity and observability. About 85% of Fortune 500 companies use Cisco networking equipment.

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💰 How Cisco Systems Inc. Makes Money

Hardware (switches, routers, wireless) still generates the majority of revenue, but software and subscriptions are growing fast and now represent over 50% of total revenue post-Splunk. Services (maintenance, support, consulting) provide steady recurring income. The shift from one-time hardware sales to annual recurring revenue is the central strategic priority.

📜 Key Milestones

Len Bosack and Sandy Lerner, a married couple working at Stanford, founded Cisco in 1984 to connect different computer networks. The company went public in 1990 and briefly became the most valuable company in the world during the dot-com bubble in 2000, hitting a $555 billion market cap. Chuck Robbins took over as CEO in 2015 and has driven the software transformation. The Splunk acquisition closed in March 2024.

📊 Financial Overview

Market Capitalization	$230.0B
Annual Revenue	$49.33B
Net Income	$10.18B
Profit Margin	21%
Revenue per Employee	$580353K
Stock Exchange	NASDAQ
Ticker Symbol	CSCO

Financial data is approximate and based on most recent annual filings.

💡 Did You Know?

Cisco's name comes from San Francisco — the logo is actually a stylized representation of the Golden Gate Bridge. At its dot-com peak, Cisco was worth more than Microsoft — it took over 20 years for the stock to recover those highs. The company has acquired over 220 companies since its founding, making it one of the most prolific acquirers in tech history.

📝 Analyst Take

The Splunk deal is a bet-the-company move toward security and observability, and it makes strategic sense even if the price was steep. Cisco's not exciting, but the recurring revenue transition is real and the networking refresh cycle is coming.

❓ Frequently Asked Questions