CSCO Cisco

FY2025 10-K
Filed: Sep 3, 2025
Industrials
Computer Communications EquipmentSEC EDGAR

Cisco (CSCO) filed its fiscal year 2025 10-K annual report with the SEC on Sep 3, 2025. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business model: global technology company providing networking hardware, software, and related services
  • Strategic emphasis on SaaS and subscription revenue recognition with ratable recognition over contract term
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Management Discussion & Analysis

  • Revenue $56.7B, up 5% YoY; product revenue $41.6B (+6%), services $15.0B (+3%)
  • Operating margin 20.8% vs 22.6% prior year; operating income $11.76B, down 3% YoY
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Risk Factors

  • Regulatory tax risk: Impact of August 26, 2024 U.S. Tax Court opinion in Varian Medical Systems v. Commissioner, recorded $720 million income tax benefit in fiscal 2025
  • Geopolitical exposure: Revenue $14.8B in EMEA region for fiscal 2025, with ongoing macro uncertainties in European markets
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Financial Summary
XBRL

Revenue

$56.7B

Net Income

$10.2B

Gross Margin

64.9%

Operating Margin

20.8%

Net Margin

18.0%

ROE

21.7%

Total Assets

$122.3B

EPS (Diluted)

$2.55

Operating Cash Flow

$14.2B

Source: XBRL data from Cisco FY2025 10-K filing on SEC EDGAR. All figures in USD.

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