Cisco Systems (CSCO) Revenue — Quarter Ended Oct 26, 2024
Revenue for the quarter rose compared to the immediately preceding quarter but fell relative to the same period one year earlier. The sequential increase follows a pattern of recent quarters, while the annual decline continues.
Key takeaway
Quarter ended Oct 26, 2024 · FY2025 Q1
Revenue for the quarter rose compared to the immediately preceding quarter but fell relative to the same period one year earlier. The sequential increase follows a pattern of recent quarters, while the annual decline continues.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$13.8B
Revenue reported for this quarter.
Quarter-over-quarter
+1.5%
Change from the immediately preceding quarter.
Year-over-year
-5.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$53B
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 |
|---|---|---|
| Jan 27, 2024 | $12.8B | -5.9% |
| Apr 27, 2024 | $12.7B | -12.8% |
| Jul 27, 2024 | $13.6B | -10.3% |
| Oct 26, 2024 | $13.8B | -5.6% |
Revenue performance
The reported revenue was higher than the prior quarter, marking a reversal of the prior quarter's decline. However, revenue remained below the level achieved in the year-ago period.
Quarterly comparison
Compared to the preceding quarter, revenue increased. Compared to the same quarter one year ago, revenue decreased.
What to watch
The company's remaining performance obligations, a leading indicator of future revenue, declined from the end of the prior quarter.