Cisco Systems (CSCO) Revenue — Quarter Ended Jul 27, 2024
Revenue for the quarter increased compared to the immediately preceding quarter. However, revenue declined relative to the same quarter one year earlier.
Key takeaway
Quarter ended Jul 27, 2024 · FY2024 Q4
Revenue for the quarter increased compared to the immediately preceding quarter. However, revenue declined relative to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$13.6B
Revenue reported for this quarter.
Quarter-over-quarter
+7.4%
Change from the immediately preceding quarter.
Year-over-year
-10.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$53.8B
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 |
|---|---|---|
| Oct 28, 2023 | $14.7B | +7.6% |
| Jan 27, 2024 | $12.8B | -5.9% |
| Apr 27, 2024 | $12.7B | -12.8% |
| Jul 27, 2024 | $13.6B | -10.3% |
Revenue performance
The reported revenue direction is upward from the prior quarter, reversing the sequential declines seen in the two earlier quarters of the fiscal year.
Quarterly comparison
Compared to the immediately preceding quarter, revenue rose. Compared to the same quarter one year ago, revenue was lower, continuing a year-over-year decline that has persisted throughout the fiscal year.
What to watch
The filing context references inventory supply chain under liquidity and capital resources, which may warrant monitoring for future revenue impacts.