Cisco Systems Inc.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $49.33B | $48.01B | $49.25B | $49.16B | $47.14B | $48.61B | $46.06B | $43.22B |
| Product | $36.72B | $36.00B | $37.25B | $37.75B | $36.68B | $38.03B | $35.80B | $33.40B |
| Services | $12.61B | $12.01B | $12.00B | $11.41B | $10.46B | $10.58B | $10.26B | $9.82B |
| Cost of Revenue | $18.72B | $17.78B | $18.29B | $19.48B | $19.37B | $19.17B | $17.85B | $16.68B |
| Gross Profit | $30.61B | $30.22B | $30.96B | $29.68B | $27.77B | $29.44B | $28.21B | $26.54B |
| Gross Margin | 62.0% | 63.0% | 62.9% | 60.4% | 58.9% | 60.6% | 61.2% | 61.4% |
| Operating Expenses | ||||||||
| Research & Development | $6.33B | $6.06B | $6.30B | $6.21B | $6.29B | $5.94B | $5.49B | $5.82B |
| SG&A Expense | $2.14B | $1.99B | $1.81B | $2.04B | $1.93B | $2.26B | $2.32B | $1.91B |
| Operating Income | $12.31B | $11.97B | $12.66B | $10.77B | $9.35B | $11.20B | $10.07B | $7.67B |
| Operating Margin | 25.0% | 24.9% | 25.7% | 21.9% | 19.8% | 23.0% | 21.9% | 17.8% |
| Interest Expense | $943.0M | $861.0M | $676.0M | $566.0M | $564.0M | $583.0M | $596.0M | $628.0M |
| Pretax Income | $13.04B | $12.29B | $12.92B | $11.20B | $9.72B | $11.23B | $10.16B | $7.83B |
| Income Tax Expense | $12.93B | $2.68B | $2.18B | $2.22B | $1.86B | $1.24B | $2.12B | $1.34B |
| Net Income | $110.0M | $9.61B | $10.74B | $8.98B | $7.85B | $9.98B | $8.04B | $6.49B |
| Net Margin | 0.2% | 20.0% | 21.8% | 18.3% | 16.7% | 20.5% | 17.5% | 15.0% |
| EPS (Basic) | $0.02 | $1.92 | $2.13 | $1.76 | $1.50 | $1.87 | $1.50 | $1.17 |
| EPS (Diluted) | $0.02 | $1.90 | $2.11 | $1.75 | $1.49 | $1.86 | $1.49 | $1.17 |
| Shares Outstanding (Basic) | 4.84B | 5.01B | 5.05B | 5.10B | 5.23B | 5.33B | 5.37B | 5.53B |
| Shares Outstanding (Diluted) | 4.88B | 5.05B | 5.09B | 5.15B | 5.28B | 5.38B | 5.40B | 5.56B |
| Dividends Per Share | $1.24 | $1.10 | $0.94 | $0.80 | $0.72 | $0.62 | $0.28 | $0.12 |