Cisco Systems – From Wall Street – FY2022-Q2

This From Wall Street note provides financial information and RR’s opinions / insight on Cisco Systems.
[ More information on Cisco Systems ]

Current Highlights

  • Quarterly revenue of $12.7 billion, up 6% year over year and down 1.4% quarter over quarter
  • Net income of $3 billion, up 19% year over year and flat quarter over quarter
  • Product revenue up 9% and service revenue down 1% year over year
  • Revenue breakdown: 55% Americas, 30% EMEA, 16% APAC


  • Cisco’s fiscal year is not based on the standard calendar year.
  • In FY2022-Q1, Cisco changed its revenue segmentation model such that conferencing, collaboration, and UC revenue is now reported within the “Hybrid Work” segment.