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Cisco Systems (XSGO:CSCO) Gross Profit : $36,754 Mil (TTM As of Jan. 2024)


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What is Cisco Systems Gross Profit?

Cisco Systems's gross profit for the three months ended in Jan. 2024 was $8,217 Mil. Cisco Systems's gross profit for the trailing twelve months (TTM) ended in Jan. 2024 was $36,754 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Cisco Systems's gross profit for the three months ended in Jan. 2024 was $8,217 Mil. Cisco Systems's Revenue for the three months ended in Jan. 2024 was $12,791 Mil. Therefore, Cisco Systems's Gross Margin % for the quarter that ended in Jan. 2024 was 64.24%.

Cisco Systems had a gross margin of 64.24% for the quarter that ended in Jan. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Cisco Systems was 64.26%. The lowest was 58.91%. And the median was 62.80%.


Cisco Systems Gross Profit Historical Data

The historical data trend for Cisco Systems's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cisco Systems Gross Profit Chart

Cisco Systems Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32,666.00 31,683.00 31,894.00 32,248.00 35,753.00

Cisco Systems Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8,427.00 9,232.00 9,748.00 9,557.00 8,217.00

Competitive Comparison of Cisco Systems's Gross Profit

For the Communication Equipment subindustry, Cisco Systems's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cisco Systems's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Cisco Systems's Gross Profit distribution charts can be found below:

* The bar in red indicates where Cisco Systems's Gross Profit falls into.



Cisco Systems Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Cisco Systems's Gross Profit for the fiscal year that ended in Jul. 2023 is calculated as

Gross Profit (A: Jul. 2023 )=Revenue - Cost of Goods Sold
=56998 - 21245
=35,753

Cisco Systems's Gross Profit for the quarter that ended in Jan. 2024 is calculated as

Gross Profit (Q: Jan. 2024 )=Revenue - Cost of Goods Sold
=12791 - 4574
=8,217

Gross Profit for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $36,754 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Cisco Systems's Gross Margin % for the quarter that ended in Jan. 2024 is calculated as

Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=8,217 / 12791
=64.24 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Cisco Systems  (XSGO:CSCO) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Cisco Systems had a gross margin of 64.24% for the quarter that ended in Jan. 2024 => Durable competitive advantage


Cisco Systems Gross Profit Related Terms

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Cisco Systems (XSGO:CSCO) Business Description

Address
170 West Tasman Drive, San Jose, CA, USA, 95134-1706
Cisco Systems is the largest provider of networking equipment in the world and one of the largest software companies in the world. Its largest businesses are selling networking hardware and software (where it has leading market shares) and cybersecurity software like firewalls. It also has collaboration products, like its Webex suite, and observability tools. It primarily outsources its manufacturing to third parties and has a large sales and marketing staff—25,000 strong across 90 countries. Overall, Cisco employees 80,000 employees and sells its products globally.