Cisco Systems, Inc. (CSCO) Operating Margin: 23.36%
Is Cisco Systems, Inc.’s operating margin high or low?
Cisco Systems, Inc.'s operating margin of 23.36% is in line with its 4-year average of 24.52%, around the middle of its 4-year range (20.76%–27.09%).
As of Wednesday, June 17, 2026. 7.65% above its 12-month average of 21.70%.
CSCO Operating Margin Chart
CSCO Average Operating Margin Chart
CSCO Current vs Average Operating Margin Chart
CSCO Operating Margin Metrics
OPERATING MARGIN
23.36%
OPERATING MARGIN AVG TTM
21.70%
OPERATING MARGIN AVG 3Y
24.21%
OPERATING MARGIN AVG 5Y
24.52%
OPERATING MARGIN AVG 10Y
25.01%
OPERATING MARGIN AVG 15Y
23.85%
OPERATING MARGIN AVG 20Y
24.36%
CURRENT VS TTM AVG
+7.65%
CURRENT VS 3Y AVG
-3.53%
CURRENT VS 5Y AVG
-4.75%
CURRENT VS 10Y AVG
-6.61%
CURRENT VS 15Y AVG
-2.07%
CURRENT VS 20Y AVG
-4.11%
CSCO Competitors' Operating Margin
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cisco Systems, Inc. (CSCO) | $471.28B | 23.36% | 21.70% | 24.21% | 24.52% |
| Lam Research Corporation (LRCX)vs › | $461.89B | 34.26% | 30.31% | 30.10% | 30.44% |
| Applied Materials, Inc. (AMAT)vs › | $451.15B | 29.51% | 29.09% | 29.31% | 29.42% |
| Arm Holdings plc American Depositary Shares (ARM)vs › | $421.71B | 18.31% | 19.55% | 16.87% | 17.43% |
| Oracle Corporation (ORCL)vs › | $541.70B | 30.85% | 30.83% | 29.21% | 30.03% |
| Intel Corporation (INTC)vs › | $609.88B | -9.45% | -11.01% | -4.54% | 1.29% |
| KLA Corporation (KLAC)vs › | $310.02B | 42.08% | 40.08% | 39.47% | 37.36% |
| Palantir Technologies Inc. (PLTR)vs › | $308.58B | 38.13% | 21.21% | 9.84% | -15.79% |
| Sandisk Corporation (SNDK)vs › | $290.08B | 40.93% | -12.87% | -11.72% | -9.38% |
| Texas Instruments Incorporated (TXN)vs › | $278.22B | 35.29% | 34.50% | 40.37% | 41.85% |
Operating Efficiency
Gross Margin
64.3%
Operating Margin
23.4%
Cisco Systems, Inc. Operating Margin Formula & Definition
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Cisco Systems, Inc. Operating Margin FAQ
- What is the operating margin for Cisco Systems, Inc. (CSCO)?
- The operating margin for CSCO stock is 23.36%.
- Is Cisco Systems, Inc.'s operating margin high or low?
- Cisco Systems, Inc.'s operating margin of 23.36% is in line with its 4-year average of 24.52%, around the middle of its 4-year range (20.76%–27.09%).
- What is the TTM average operating margin for Cisco Systems, Inc. (CSCO)?
- The TTM average operating margin for CSCO stock is 21.70%.
- What is the 3Y average operating margin for Cisco Systems, Inc. (CSCO)?
- The 3Y average operating margin for CSCO stock is 24.21%.
- What is the 5Y average operating margin for Cisco Systems, Inc. (CSCO)?
- The 5Y average operating margin for CSCO stock is 24.52%.
- What is the 10Y average operating margin for Cisco Systems, Inc. (CSCO)?
- The 10Y average operating margin for CSCO stock is 25.01%.
- What is the 15Y average operating margin for Cisco Systems, Inc. (CSCO)?
- The 15Y average operating margin for CSCO stock is 23.85%.
- What is the 20Y average operating margin for Cisco Systems, Inc. (CSCO)?
- The 20Y average operating margin for CSCO stock is 24.36%.
Cisco Systems, Inc. Operating Margin History
| DATE | OPERATING MARGIN |
|---|---|
| 2025-07-26 | 20.76% |
| 2024-07-27 | 22.64% |
| 2023-07-29 | 26.37% |
| 2022-07-30 | 27.09% |
| 2021-07-31 | 25.76% |
| 2020-07-25 | 27.63% |
| 2019-07-31 | 27.39% |
| 2018-07-31 | 24.95% |
| 2017-07-31 | 24.94% |
| 2016-07-31 | 25.71% |
| 2015-07-31 | 21.91% |
| 2014-07-31 | 19.82% |
| 2013-07-31 | 23.33% |
| 2012-07-31 | 22.71% |
| 2011-07-31 | 17.76% |
| 2010-07-31 | 22.89% |
| 2009-07-31 | 20.27% |
| 2008-07-31 | 23.88% |
| 2007-07-31 | 24.69% |
| 2006-07-31 | 24.56% |
| 2005-07-31 | 29.90% |
| 2004-07-31 | 28.54% |
| 2003-07-31 | 25.86% |
| 2002-07-31 | 15.43% |
| 2001-07-31 | -8.99% |
| 2000-07-31 | 17.09% |
| 1999-07-31 | 24.55% |
| 1998-07-31 | 24.88% |
| 1997-07-31 | 25.27% |
| 1996-07-31 | 34.20% |
About Cisco Systems, Inc.
Cisco Systems, Inc. is a leading global technology company focused on designing, producing, and marketing Internet Protocol (IP)-based networking equipment, software, and associated products within the communications and information technology industries. The company operates extensively across major regions including the Americas, Europe, the Middle East, Africa, and the Asia Pacific, specifically covering Japan and China. Its comprehensive product lineup features switching solutions for both enterprise campuses and data centers. Cisco's enterprise routing segment is crucial for securely and reliably interconnecting public, private, wired, and mobile networks, ensuring vital connectivity across corporate campuses, data centers, and branch offices. Additionally, the company provides a range of wireless products offering seamless indoor and outdoor roaming for voice, video, and data applications. Security forms a significant pillar of its offerings, encompassing network defense, identity and access management, secure access service edge (SASE), alongside threat intelligence, detection, and response capabilities. For collaboration, Cisco delivers the Webex Suite, dedicated devices, contact center platforms, and communication platform-as-a-service (CPaaS). These end-to-end collaboration solutions are adaptable, available in cloud, on-premise, or hybrid environments, facilitating clients' migration to cloud-based systems. Moreover, their observability suite provides network assurance, monitoring, and analytics. Beyond its product portfolio, Cisco offers extensive customer support and services, including technical assistance, advanced professional services, and advisory consulting. The company serves a broad clientele, from small and large businesses to public institutions, governmental agencies, and service providers. Products and services are distributed directly by Cisco, as well as through a diverse network of system integrators, service providers, other resellers, and distributors. Cisco Systems, Inc. also engages in strategic collaborations with other industry players. Founded in 1984, the company is headquartered in San Jose, California.
- Sector
- Technology
- Industry
- Communication Equipment
- CEO
- Charles H. Robbins