Cisco Systems (CSCO) FY2022 results: revenue $51.6 billion, up 3.5% on the year
Cisco Systems, Inc. (CSCO) reported revenue of $51.6 billion for fiscal 2022, the year ended 30 July 2022, up 3.5% on the year before. Net income was $11.8 billion, up 11.5%, and diluted earnings per share $2.82. The figures are the company's own, from the 10-K it filed with the SEC on 8 September 2022.
Revenue
$51.6 billion
+3.5% on the year
FY2015FY2022
Operating margin
27.1%
25.8% a year earlier
FY2015FY2022
Net income
$11.8 billion
+11.5% on the year
FY2015FY2022
Diluted EPS
$2.82
+12.8% on the year
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
13,226
15,454
15,426
-14.4%
Capital expenditure
477
692
770
-31.1%
Free cash flow
12,749
14,762
14,656
-13.6%
Free cash flow margin
24.7%
29.6%
29.7%
Cash from investing
1,553
-5,285
3,500
Cash from financing
-15,962
-12,097
-18,886
Depreciation and amortisation
800
800
900
0.0%
Share-based compensation
1,886
1,761
1,569
+7.1%
Buybacks
7,689
2,877
2,659
+167.3%
Dividends paid
6,224
6,163
6,016
+1.0%
Dividend per share
$1.50
$1.46
$1.42
+2.7%
Diluted shares, weighted
4,192m
4,236m
4,254m
-1.0%
Shares outstanding at period end
4,110m
4,217m
4,237m
-2.5%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
39,773
41,275
37,920
-3.6%
Debt
9,515
11,526
14,583
-17.4%
Operating lease liabilities
724
831
661
-12.9%
Other liabilities
43,990
43,865
41,689
+0.3%
Total liabilities and equity
94,002
97,497
94,853
-3.6%
Fixed assets
1,997
2,338
2,453
-14.6%
Goodwill
38,304
38,168
33,806
+0.4%
Intangible assets
2,569
3,619
1,576
-29.0%
Investments
12,188
15,343
17,610
-20.6%
Cash and equivalents
7,079
9,175
11,809
-22.8%
Receivables
6,622
5,766
5,472
+14.8%
Inventory
2,568
1,559
1,282
+64.7%
Other assets
22,675
21,529
20,845
+5.3%
Total assets
94,002
97,497
94,853
-3.6%
10-K for the year ended 30 July 2022, filed 8 September 2022: the filing.