Cisco systems, inc. (CSCO)
Income statement / Quarterly
Apr'20Jan'20Oct'19Jul'19Apr'19Jan'19Oct'18Jul'18Apr'18Jan'18Oct'17Jul'17Apr'17Jan'17Oct'16Jul'16Apr'16Jan'16Oct'15Jul'15Apr'15Jan'15Oct'14Jul'14Apr'14Jan'14Oct'13Jul'13Apr'13Jan'13Oct'12Jul'12Apr'12Jan'12Oct'11Jul'11Apr'11Jan'11Oct'10Jul'10Apr'10Jan'10Oct'09Jul'09Apr'09Jan'09Oct'08
REVENUE:
Revenue from Contract with Customer, Excluding Assessed Tax

11,983

12,005

13,159

13,428

12,958

12,446

13,072

12,844

12,463

11,887

12,136

12,133

11,940

11,580

12,352

12,638

12,000

11,927

12,682

12,843

12,137

11,936

12,245

12,357

11,545

11,155

12,085

12,417

12,216

12,098

11,876

11,690

11,588

11,527

11,256

11,195

10,866

10,407

10,750

10,836

10,368

9,815

9,021

8,535

8,162

9,089

10,331

COST OF SALES:
Cost of Goods and Services Sold

4,212

4,241

4,695

4,854

4,785

4,673

4,926

4,922

4,704

4,389

4,709

4,587

4,422

4,304

4,468

4,663

4,279

4,495

4,850

5,110

4,612

4,846

4,912

4,952

4,539

5,204

4,678

5,070

4,705

4,755

4,637

4,605

4,419

4,462

4,366

4,334

4,207

4,146

3,995

4,043

3,738

3,483

3,133

3,074

2,933

3,366

3,650

Gross Profit

7,771

7,764

8,464

8,574

8,173

7,773

8,146

7,922

7,759

7,498

7,427

7,546

7,518

7,276

7,884

7,975

7,721

7,432

7,832

7,733

7,525

7,090

7,333

7,405

7,006

5,951

7,407

7,347

7,511

7,343

7,239

7,085

7,169

7,065

6,890

6,861

6,659

6,261

6,755

6,793

6,630

6,332

5,888

5,461

5,229

5,723

6,681

OPERATING EXPENSES:
Research and development

1,546

1,570

1,666

1,753

1,659

1,557

1,608

1,626

1,590

1,549

1,567

1,499

1,507

1,508

1,545

1,601

1,626

1,509

1,560

1,548

1,547

1,529

1,583

1,593

1,565

1,412

1,724

1,517

1,542

1,452

1,431

1,416

1,358

1,339

1,375

1,484

1,430

1,478

1,431

1,391

1,411

1,247

1,224

1,280

1,243

1,279

1,406

Sales and marketing

2,192

2,279

2,480

2,487

2,403

2,271

2,410

2,348

2,325

2,235

2,334

2,318

2,226

2,222

2,418

2,443

2,447

2,286

2,443

2,549

2,449

2,308

2,515

2,473

2,342

2,277

2,411

2,360

2,375

2,387

2,416

2,417

2,383

2,395

2,452

2,520

2,446

2,444

2,402

2,368

2,278

2,126

2,010

2,050

1,956

2,155

2,283

General and administrative

457

455

519

566

541

509

211

543

561

483

557

495

487

456

555

533

566

176

539

536

510

490

504

508

460

451

515

590

530

584

560

711

562

497

552

532

466

452

458

578

479

451

425

447

302

380

395

Amortization of purchased intangible assets

34

38

36

38

39

39

34

33

67

60

61

58

59

64

78

82

81

71

69

146

70

72

71

68

71

71

65

66

89

118

122

91

96

97

99

101

103

203

113

131

117

138

105

164

121

136

112

In-process research and development

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

60

0

0

3

Restructuring and other charges

128

42

184

40

18

186

78

26

82

98

152

142

70

133

411

13

17

96

142

73

24

69

318

82

26

73

237

0

33

13

59

79

20

3

202

-

31

-

-

-

-

-

-

-

-

-

-

Operating Expenses

4,357

4,384

4,885

4,884

4,660

4,562

4,341

4,576

4,625

4,425

4,671

4,512

4,349

4,383

5,007

4,672

4,737

4,138

4,753

4,852

4,600

4,468

4,991

4,724

4,464

4,284

4,952

4,533

4,569

4,554

4,588

4,714

4,419

4,331

4,680

5,405

4,476

4,577

4,404

4,468

4,285

3,962

3,764

4,001

3,622

3,950

4,199

OPERATING INCOME

3,414

3,380

3,579

3,690

3,513

3,211

3,805

3,346

3,134

3,073

2,756

3,034

3,169

2,893

2,877

3,303

2,984

3,294

3,079

2,881

2,925

2,622

2,342

2,681

2,542

1,667

2,455

2,814

2,942

2,789

2,651

2,371

2,750

2,734

2,210

1,456

2,183

1,684

2,351

2,325

2,345

2,370

2,124

1,460

1,607

1,773

2,482

Interest income

218

242

273

305

331

328

344

353

380

396

379

360

354

329

295

273

270

237

225

211

190

189

179

183

170

169

169

171

162

160

161

167

161

158

164

164

161

156

160

154

158

155

168

170

194

222

259

Interest expense

130

158

178

204

211

223

221

224

237

247

235

222

219

222

198

180

175

162

159

149

139

139

139

142

146

136

140

143

145

147

148

147

151

150

148

148

153

161

166

169

182

158

114

114

105

63

64

Other income (loss), net

-58

70

12

-87

-18

27

-19

117

-24

10

62

8

-113

-37

-21

-2

4

-63

-8

-10

59

201

-22

56

76

55

56

29

-14

-22

-33

-5

19

7

19

-5

12

51

80

108

82

-12

61

17

-9

-64

-72

Interest and other income (loss), net

30

154

107

14

102

132

104

246

119

159

206

146

22

70

76

91

99

12

58

52

110

251

18

97

100

88

85

57

3

-9

-20

15

29

15

35

11

20

46

74

93

58

-15

115

73

80

95

123

INCOME BEFORE PROVISION FOR INCOME TAXES

3,444

3,534

3,686

3,704

3,615

3,343

3,909

3,592

3,253

3,232

2,962

3,180

3,191

2,963

2,953

3,394

3,083

3,306

3,137

2,933

3,035

2,873

2,360

2,778

2,642

1,755

2,540

2,871

2,945

2,780

2,631

2,386

2,779

2,749

2,245

1,467

2,203

1,730

2,425

2,418

2,403

2,355

2,239

1,533

1,687

1,868

2,605

Provision for income taxes

670

656

760

1,498

571

521

360

-211

562

12,010

568

756

676

615

631

581

734

159

707

614

598

476

532

531

461

326

544

601

467

-363

539

469

614

567

468

235

396

209

495

483

211

502

452

452

339

364

404

Net Income (Loss) Attributable to Parent

2,774

2,878

2,926

2,206

3,044

2,822

3,549

3,803

2,691

-8,778

2,394

2,424

2,515

2,348

2,322

2,813

2,349

3,147

2,430

2,319

2,437

2,397

1,828

2,247

2,181

1,429

1,996

2,270

2,478

3,143

2,092

1,917

2,165

2,182

1,777

1,232

1,807

1,521

1,930

1,935

2,192

1,853

1,787

1,081

1,348

1,504

2,201

Earnings Per Share [Abstract]
Earnings Per Share, Basic

0.66

0.68

0.69

0.52

0.70

0.63

0.78

0.76

0.56

-1.78

0.48

0.49

0.50

0.47

0.46

0.00

0.47

0.62

0.48

0.45

0.48

0.47

0.36

0.44

0.42

0.27

0.37

0.42

0.47

0.59

0.39

0.36

0.40

0.41

0.33

0.23

0.33

0.27

0.34

0.35

0.38

0.32

0.31

0.19

0.23

0.26

0.37

Earnings Per Share, Diluted

0.65

0.68

0.68

0.52

0.69

0.63

0.77

0.76

0.56

-1.78

0.48

0.47

0.50

0.47

0.46

0.00

0.46

0.62

0.48

0.47

0.47

0.46

0.35

0.43

0.42

0.27

0.37

0.42

0.46

0.59

0.39

0.36

0.40

0.40

0.33

0.23

0.33

0.27

0.34

0.34

0.37

0.32

0.30

0.19

0.23

0.26

0.37

Shares used in per-share calculation:
Weighted Average Number of Shares Outstanding, Basic

4,230

4,242

4,246

4,271

4,370

4,470

4,565

4,674

4,791

4,924

4,959

4,993

5,005

5,015

5,027

5,030

5,032

5,070

5,080

5,085

5,102

5,117

5,112

5,121

5,143

5,294

5,378

5,368

5,329

5,318

5,301

5,330

5,388

5,368

5,394

5,482

5,508

5,531

5,595

5,689

5,731

5,741

5,767

5,778

5,805

5,848

5,881

Weighted Average Number of Shares Outstanding, Diluted

4,243

4,260

4,273

4,278

4,415

4,505

4,614

4,762

4,844

4,924

4,994

5,045

5,045

5,040

5,066

5,077

5,065

5,097

5,113

5,120

5,148

5,160

5,156

5,187

5,180

5,327

5,430

5,442

5,387

5,357

5,334

5,352

5,456

5,401

5,407

5,453

5,537

5,587

5,675

5,790

5,869

5,862

5,871

5,774

5,818

5,864

5,972

Cash dividends declared per common share (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

0.29

0.26

0.26

0.00

0.26

0.21

0.21

0.21

0.21

0.19

0.19

0.19

0.19

0.17

0.17

0.17

0.17

0.14

0.14

0.08

0.08

0.06

0.06

-

0.06

-

0.00

-

-

-

-

-

-

-

-

Product
Revenue from Contract with Customer, Excluding Assessed Tax

8,597

8,671

9,878

10,120

9,722

9,273

9,890

9,642

9,304

8,709

9,054

9,027

8,885

8,491

9,302

9,552

8,875

8,983

9,844

9,911

9,326

9,078

9,435

9,532

8,820

8,423

9,397

9,736

9,559

9,437

9,297

9,150

9,106

9,118

8,952

8,921

8,669

8,236

8,700

8,808

8,436

7,976

7,200

6,729

6,420

7,347

8,635

Cost of Goods and Services Sold

3,120

3,126

3,524

3,757

3,693

3,614

3,799

3,833

3,625

3,354

3,615

3,586

3,405

3,305

3,403

3,614

3,214

3,480

3,853

4,068

3,584

3,806

3,919

3,976

3,595

4,323

3,747

4,154

3,782

3,857

3,748

3,729

3,563

3,650

3,563

3,579

3,437

3,382

3,249

3,309

3,010

2,815

2,486

2,436

2,327

2,737

2,981

Service
Revenue from Contract with Customer, Excluding Assessed Tax

3,386

3,334

3,281

3,308

3,236

3,173

3,182

3,202

3,159

3,178

3,082

3,106

3,055

3,089

3,050

3,086

3,125

2,944

2,838

2,932

2,811

2,858

2,810

2,825

2,725

2,732

2,688

2,681

2,657

2,661

2,579

2,540

2,482

2,409

2,304

2,274

2,197

2,171

2,050

2,028

1,932

1,839

1,821

1,806

1,742

1,742

1,696

Cost of Goods and Services Sold

1,092

1,115

1,171

1,097

1,092

1,059

1,127

1,089

1,079

1,035

1,094

1,001

1,017

999

1,065

1,049

1,065

1,015

997

1,042

1,028

1,040

993

976

944

881

931

916

923

898

889

876

856

812

803

755

770

764

746

734

728

668

647

638

606

629

669