Cisco Systems (CSCO) Revenue — Quarter Ended Apr 29, 2023
Revenue increased in the reported quarter. The total was higher than both the immediately preceding quarter and the same quarter one year earlier.
Key takeaway
Quarter ended Apr 29, 2023 · FY2023 Q3
Revenue increased in the reported quarter. The total was higher than both the immediately preceding quarter and the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$14.6B
Revenue reported for this quarter.
Quarter-over-quarter
+7.2%
Change from the immediately preceding quarter.
Year-over-year
+13.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$54.9B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jul 30, 2022 | $13.1B | -0.2% |
| Oct 29, 2022 | $13.6B | +5.7% |
| Jan 28, 2023 | $13.6B | +6.9% |
| Apr 29, 2023 | $14.6B | +13.5% |
Revenue performance
The reported quarter's revenue rose sequentially and showed a larger gain compared to the same quarter a year ago. The trailing twelve-month revenue exceeded that of the prior fiscal year end.
Quarterly comparison
Sequentially, revenue grew from the prior quarter. Year over year, revenue was also higher than the same quarter a year earlier.
What to watch
The sequential and year-over-year gains in revenue contrast with the decline seen two quarters ago.