Cisco Systems, Inc. (CSCO) stock analysis
Company overview and business model
Source fact: Cisco Systems, Inc. designs, develops, and sells technologies that help to power, secure, and draw insights from the internet in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company offers data center switching; network security, identity and access management, and secure access service edge; threat intelligence, detection, and response solutions; interconnects public and private wireline and mobile networks, delivering connectivity to campus, data center, and branch networks; WEBEX suite, collaboration devices, and contact center; communication platform as a service software, including perpetual licenses, subscription arrangements, and hardware solutions; network assurance, monitoring and analytics, and observability suite; issue resolution, software support, and hardware replacement; professional services, such as planning, design, implementation, and high-value consulting; service and support packages, financing, and managed network services; and regional, national, and international wireline carriers, webscale products, internet, and cable. It also delivers connectivity to campus, data center, and branch networks; wireless products, including indoor and outdoor wireless coverage designed for seamless roaming use of voice, video, and data applications; end-to-end collaboration solutions through cloud, on-premise, or within hybrid cloud environments, transition collaboration solutions from on-premise to the cloud; and network assurance, monitoring and analytics, and observability suite. In addition, it offers technical support and advisory services. The company serves businesses, public institutions, governments, and service providers. It sells its products and services directly, through systems integrators, service providers, resellers, and distributors. Cisco Systems, Inc. was incorporated in 1984 and is headquartered in San Jose, California.
Classification: NASDAQ · Technology · Communication Equipment
Revenue and growth
Source fact: Revenue was USD 56.65 billion for the period ending 2025-07-31.
Caverian calculation: Revenue changed +5.3% (FY2025 vs FY2024).
Profitability
Source fact: Net income was USD 10.18 billion in the latest reported period.
Source metric: Reported net margin was 18.0%.
Balance sheet and liquidity
Source fact: Cash and equivalents were USD 8.35 billion.
Source fact: Total debt was USD 28.09 billion.
Source metric: Current ratio was 1.00x.
Cash-flow analysis
Source fact: Operating cash flow was USD 14.19 billion.
Source fact: Free cash flow was USD 13.29 billion.
Valuation
Source metrics: Trailing P/E 40.22x; Forward P/E 25.83x; Price to book 9.99x; Price to sales 8.04x; EV/EBITDA 28.87x.
Caverian model output: Value score was 28/100.
Competitive position
Classification: Peer context: Communication Equipment within Technology.
Caverian model output: Quality score was 72/100.
Caverian model output: Growth score was 58/100.
Material risks
Caverian model interpretation: Watch out: short-term cash may not cover short-term bills.
Caverian calculation: Altman Z-score was 4.69 (safe zone).
Caverian calculation: Piotroski F-score was 8/9.
Data sources and freshness
Freshness: This report uses a stored upstream snapshot; statement periods are shown alongside the figures.
Methodology and limitations
Facts reproduce stored upstream fields. Calculations derive only from the displayed stored statements. Model outputs are Caverian interpretations, not investment advice or a buy/sell recommendation.
How Caverian approaches valuation · Sources and product principles