In 2024, Cisco generated revenue of around 53.8 billion U.S. dollars, representing a decrease of 3.2 billion U.S. dollars from the previous year. The company's revenue has surpassed the previous record-high levels registered in 2019, when the company generated 51.9 billion U.S. dollars.
Cisco’s business segments
Cisco Systems is a California-based company that designs, manufactures, and sells telecommunications equipment, networking products, software, and technology services. Cisco’s business includes four reportable product segments: ‘Infrastructure Platforms’, ‘Applications’, ‘Security’, and ‘Other Products’. The ‘Infrastructure Platforms’ segment is by far the company’s largest and includes networking technologies products such as switching, routing, wireless, and data center products.
Cisco’s competitors
Founded in 1984, Cisco has gone on to become one of the top technology brands globally. The company is a leading player in the telecommunications equipment market, ranking second only to Huawei among leading telecom infrastructure companies. The company also dominates the enterprise network infrastructure market, this time ahead of Huawei, as well as of Hewlett Packard Enterprise (HPE) and Nokia.
Revenue of CISCO SYSTEMS, INC. from 2006 to 2024
(in billion U.S. dollars)
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Cisco Systems. (August 14, 2024). Revenue of CISCO SYSTEMS, INC. from 2006 to 2024 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/271853/worldwide-net-sales-of-cisco-systems-since-2006/
Cisco Systems. "Revenue of CISCO SYSTEMS, INC. from 2006 to 2024 (in billion U.S. dollars)." Chart. August 14, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/271853/worldwide-net-sales-of-cisco-systems-since-2006/
Cisco Systems. (2024). Revenue of CISCO SYSTEMS, INC. from 2006 to 2024 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/271853/worldwide-net-sales-of-cisco-systems-since-2006/
Cisco Systems. "Revenue of Cisco Systems, Inc. from 2006 to 2024 (in Billion U.S. Dollars)." Statista, Statista Inc., 14 Aug 2024, https://www.statista.com/statistics/271853/worldwide-net-sales-of-cisco-systems-since-2006/
Cisco Systems, Revenue of CISCO SYSTEMS, INC. from 2006 to 2024 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/271853/worldwide-net-sales-of-cisco-systems-since-2006/ (last visited December 21, 2024)
Revenue of CISCO SYSTEMS, INC. from 2006 to 2024 (in billion U.S. dollars) [Graph], Cisco Systems, August 14, 2024. [Online]. Available: https://www.statista.com/statistics/271853/worldwide-net-sales-of-cisco-systems-since-2006/
