First of all: Sorry for the formatting, I can't get it any better on my cell phone. Writing in bold doesn't work, and line breaks are sometimes more than strange. I'll try to change that.
Financial highlights ($CSCO (+1.73%) )
Revenue: USD 14.1 billion, an increase of 11% compared to the previous year.
GAAP net income: USD 2.5 billion (USD 0.62 per share), an increase of 32% and 35% respectively.
Non-GAAP net income: USD 3.8 billion (USD 0.96 per share), an increase of 8% and 9% respectively.
Operating cash flow: USD 4.1 billion, an increase of 2%.
Business development
Product orders: Up 20% year-on-year; up 9% excluding Splunk.
AI infrastructure: Orders from Webscale customers exceeded USD 600 million and reached the annual target of USD 1 billion one quarter early.
Regional sales development:
Americas: +14 %
EMEA: +8 %
APJC: +9 %
Product categories:
Security: +54 %
Observability: +24 %
Networks: +8 %
Collaboration: +4 %
Margins and expenses
Gross margins (GAAP):
Total: 65.6 %
Products: 64.4
Services: 68.7 %
Gross margins (non-GAAP):
Total: 68.6
Products: 67.6
Services: 71.3 %
Operating expenses:
GAAP: USD 6.1 billion (42.9% of sales)
Non-GAAP: USD 4.8 billion (34.1% of sales)
Operating result:
GAAP: USD 3.2 billion (22.6% margin)
Non-GAAP: USD 4.9 billion (34.5% margin)
Outlook
Q4 FY2025 guidance:
Sales: USD 14.5-14.7 billion
GAAP-EPS: 0.62-0.67 USD
Non-GAAP EPS: USD 0.96-0.98
FY2025 overall forecast:
Revenue: USD 56.5-56.7 bn
GAAP-EPS: 2.53-2.58 USD
Non-GAAP EPS: USD 3.77-3.79
Dividend
Cisco has announced a quarterly dividend of $0.41 per share, payable on July 23, 2025 to shareholders of record on July 3, 2025.