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Side-by-side financial comparison of Cisco (CSCO) and Duke Energy (DUK). Click either name above to swap in a different company.
Cisco is the larger business by last-quarter revenue ($15.3B vs $7.9B, roughly 1.9× Duke Energy). Cisco runs the higher net margin — 20.7% vs 20.0%, a 0.7% gap on every dollar of revenue. On growth, Duke Energy posted the faster year-over-year revenue change (491.0% vs 9.7%). Over the past eight quarters, Cisco's revenue compounded faster (9.9% CAGR vs 5.0%).
Cisco Systems, Inc. is an American multinational digital communications technology conglomerate corporation headquartered in San Jose, California. Cisco develops, manufactures, and sells networking hardware, software, telecommunications equipment and other high-technology services and products.
Duke Energy Corporation is an American electric power and natural gas holding company headquartered in Charlotte, North Carolina. The company serves over 7 million customers in the eastern United States. In 2024 it ranked as the 141st largest company in the United States – its highest-ever placement on the Fortune 500 list.
CSCO vs DUK — Head-to-Head
Income Statement — Q2 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $15.3B | $7.9B |
| Net Profit | $3.2B | $1.6B |
| Gross Margin | 65.0% | — |
| Operating Margin | 24.6% | 34.6% |
| Net Margin | 20.7% | 20.0% |
| Revenue YoY | 9.7% | 491.0% |
| Net Profit YoY | 30.8% | 603.6% |
| EPS (diluted) | $0.80 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $15.3B | $7.9B | ||
| Q4 25 | $14.9B | $7.8B | ||
| Q3 25 | $14.7B | $8.4B | ||
| Q2 25 | $14.1B | $7.4B | ||
| Q1 25 | $14.0B | $8.2B | ||
| Q4 24 | $13.8B | $7.2B | ||
| Q3 24 | $13.6B | $8.1B | ||
| Q2 24 | $12.7B | $7.2B |
| Q1 26 | $3.2B | $1.6B | ||
| Q4 25 | $2.9B | $1.2B | ||
| Q3 25 | $2.5B | $1.4B | ||
| Q2 25 | $2.5B | $984.0M | ||
| Q1 25 | $2.4B | $1.4B | ||
| Q4 24 | $2.7B | $1.2B | ||
| Q3 24 | $2.2B | $1.3B | ||
| Q2 24 | $1.9B | $900.0M |
| Q1 26 | 65.0% | — | ||
| Q4 25 | 65.5% | — | ||
| Q3 25 | 63.2% | — | ||
| Q2 25 | 65.6% | — | ||
| Q1 25 | 65.1% | — | ||
| Q4 24 | 65.9% | — | ||
| Q3 24 | 64.4% | — | ||
| Q2 24 | 65.1% | — |
| Q1 26 | 24.6% | 34.6% | ||
| Q4 25 | 22.6% | 27.3% | ||
| Q3 25 | 21.0% | 27.9% | ||
| Q2 25 | 22.6% | 24.8% | ||
| Q1 25 | 22.3% | 28.5% | ||
| Q4 24 | 17.0% | 29.2% | ||
| Q3 24 | 19.2% | 26.4% | ||
| Q2 24 | 17.2% | 23.9% |
| Q1 26 | 20.7% | 20.0% | ||
| Q4 25 | 19.2% | 15.2% | ||
| Q3 25 | 17.4% | 17.0% | ||
| Q2 25 | 17.6% | 13.3% | ||
| Q1 25 | 17.4% | 16.8% | ||
| Q4 24 | 19.6% | 16.6% | ||
| Q3 24 | 15.8% | 15.8% | ||
| Q2 24 | 14.8% | 12.6% |
| Q1 26 | $0.80 | — | ||
| Q4 25 | $0.72 | $1.49 | ||
| Q3 25 | $0.64 | $1.81 | ||
| Q2 25 | $0.62 | $1.25 | ||
| Q1 25 | $0.61 | $1.76 | ||
| Q4 24 | $0.68 | $1.54 | ||
| Q3 24 | $0.54 | $1.60 | ||
| Q2 24 | $0.46 | $1.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $15.8B | $2.1B |
| Total DebtLower is stronger | $24.6B | $54.1B |
| Stockholders' EquityBook value | $47.7B | $56.5B |
| Total Assets | $123.4B | $198.0B |
| Debt / EquityLower = less leverage | 0.52× | 0.96× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $15.8B | $2.1B | ||
| Q4 25 | $15.7B | $245.0M | ||
| Q3 25 | $16.1B | $688.0M | ||
| Q2 25 | $15.6B | $344.0M | ||
| Q1 25 | $16.9B | $475.0M | ||
| Q4 24 | $18.7B | $314.0M | ||
| Q3 24 | $17.9B | $376.0M | ||
| Q2 24 | $18.8B | $390.0M |
| Q1 26 | $24.6B | $54.1B | ||
| Q4 25 | $24.6B | $80.1B | ||
| Q3 25 | $24.6B | — | ||
| Q2 25 | $25.1B | — | ||
| Q1 25 | $20.1B | — | ||
| Q4 24 | $20.1B | $76.3B | ||
| Q3 24 | $20.1B | — | ||
| Q2 24 | $20.1B | — |
| Q1 26 | $47.7B | $56.5B | ||
| Q4 25 | $46.9B | $51.8B | ||
| Q3 25 | $46.8B | $51.5B | ||
| Q2 25 | $45.9B | $50.9B | ||
| Q1 25 | $45.5B | $50.7B | ||
| Q4 24 | $45.3B | $50.1B | ||
| Q3 24 | $45.5B | $49.1B | ||
| Q2 24 | $45.8B | $49.7B |
| Q1 26 | $123.4B | $198.0B | ||
| Q4 25 | $121.1B | $195.7B | ||
| Q3 25 | $122.3B | $192.3B | ||
| Q2 25 | $119.8B | $189.7B | ||
| Q1 25 | $121.4B | $187.5B | ||
| Q4 24 | $123.3B | $186.3B | ||
| Q3 24 | $124.4B | $183.6B | ||
| Q2 24 | $123.0B | $181.6B |
| Q1 26 | 0.52× | 0.96× | ||
| Q4 25 | 0.53× | 1.55× | ||
| Q3 25 | 0.53× | — | ||
| Q2 25 | 0.55× | — | ||
| Q1 25 | 0.44× | — | ||
| Q4 24 | 0.44× | 1.52× | ||
| Q3 24 | 0.44× | — | ||
| Q2 24 | 0.44× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.8B | $-65.0M |
| Free Cash FlowOCF − Capex | $1.5B | — |
| FCF MarginFCF / Revenue | 10.0% | — |
| Capex IntensityCapex / Revenue | 1.8% | — |
| Cash ConversionOCF / Net Profit | 0.57× | -0.04× |
| TTM Free Cash FlowTrailing 4 quarters | $12.2B | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.8B | $-65.0M | ||
| Q4 25 | $3.2B | $3.7B | ||
| Q3 25 | $4.2B | $3.6B | ||
| Q2 25 | $4.1B | $2.9B | ||
| Q1 25 | $2.2B | $2.2B | ||
| Q4 24 | $3.7B | $3.4B | ||
| Q3 24 | $3.7B | $3.5B | ||
| Q2 24 | $4.0B | $3.0B |
| Q1 26 | $1.5B | — | ||
| Q4 25 | $2.9B | $-485.0M | ||
| Q3 25 | $4.0B | $179.0M | ||
| Q2 25 | $3.8B | $-417.0M | ||
| Q1 25 | $2.0B | $-971.0M | ||
| Q4 24 | $3.4B | $288.0M | ||
| Q3 24 | $3.5B | $537.0M | ||
| Q2 24 | $3.8B | $-43.0M |
| Q1 26 | 10.0% | — | ||
| Q4 25 | 19.4% | -6.2% | ||
| Q3 25 | 27.4% | 2.1% | ||
| Q2 25 | 26.8% | -5.7% | ||
| Q1 25 | 14.5% | -11.8% | ||
| Q4 24 | 24.9% | 4.0% | ||
| Q3 24 | 25.9% | 6.6% | ||
| Q2 24 | 29.9% | -0.6% |
| Q1 26 | 1.8% | — | ||
| Q4 25 | 2.2% | 53.3% | ||
| Q3 25 | 1.5% | 41.2% | ||
| Q2 25 | 1.8% | 44.5% | ||
| Q1 25 | 1.5% | 38.3% | ||
| Q4 24 | 1.6% | 42.7% | ||
| Q3 24 | 1.5% | 36.8% | ||
| Q2 24 | 1.3% | 41.9% |
| Q1 26 | 0.57× | -0.04× | ||
| Q4 25 | 1.12× | 3.09× | ||
| Q3 25 | 1.66× | 2.56× | ||
| Q2 25 | 1.63× | 2.91× | ||
| Q1 25 | 0.92× | 1.58× | ||
| Q4 24 | 1.35× | 2.80× | ||
| Q3 24 | 1.73× | 2.75× | ||
| Q2 24 | 2.11× | 3.28× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CSCO
| Networking | $8.3B | 54% |
| Services | $3.7B | 24% |
| Security | $2.0B | 13% |
| Collaboration | $1.1B | 7% |
| Observability | $277.0M | 2% |
DUK
| Regulated electric | $7.8B | 99% |
| Nonregulated electric and other | $61.0M | 1% |
