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Side-by-side financial comparison of Cisco (CSCO) and GE Vernova (GEV). Click either name above to swap in a different company.
Cisco is the larger business by last-quarter revenue ($15.3B vs $9.3B, roughly 1.6× GE Vernova). GE Vernova runs the higher net margin — 50.9% vs 20.7%, a 30.2% gap on every dollar of revenue. On growth, GE Vernova posted the faster year-over-year revenue change (16.3% vs 9.7%). GE Vernova produced more free cash flow last quarter ($4.8B vs $1.5B). Over the past eight quarters, Cisco's revenue compounded faster (9.9% CAGR vs 6.7%).
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.
GE Vernova, Inc. is an energy equipment manufacturing and services company headquartered in Cambridge, Massachusetts. The company operates through three main segments: Power, which designs, manufactures, and services gas, nuclear, hydro, and steam technologies; Wind, which provides onshore and offshore wind turbines and blades; and Electrification, which offers grid solutions, power conversion, solar and storage solutions, and digital technologies for the transmission, distribution, and manag...
CSCO vs GEV — Head-to-Head
Income Statement — Q2 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $15.3B | $9.3B |
| Net Profit | $3.2B | $4.8B |
| Gross Margin | 65.0% | — |
| Operating Margin | 24.6% | — |
| Net Margin | 20.7% | 50.9% |
| Revenue YoY | 9.7% | 16.3% |
| Net Profit YoY | 30.8% | 5.9% |
| EPS (diluted) | $0.80 | $17.44 |
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 | $9.3B | ||
| Q4 25 | $14.9B | $11.0B | ||
| Q3 25 | $14.7B | $10.0B | ||
| Q2 25 | $14.1B | $9.1B | ||
| Q1 25 | $14.0B | $8.0B | ||
| Q4 24 | $13.8B | $10.6B | ||
| Q3 24 | $13.6B | $8.9B | ||
| Q2 24 | $12.7B | $8.2B |
| Q1 26 | $3.2B | $4.8B | ||
| Q4 25 | $2.9B | $3.7B | ||
| Q3 25 | $2.5B | $452.0M | ||
| Q2 25 | $2.5B | $514.0M | ||
| Q1 25 | $2.4B | $254.0M | ||
| Q4 24 | $2.7B | $484.0M | ||
| Q3 24 | $2.2B | $-96.0M | ||
| Q2 24 | $1.9B | $1.3B |
| Q1 26 | 65.0% | — | ||
| Q4 25 | 65.5% | 21.2% | ||
| Q3 25 | 63.2% | 19.0% | ||
| Q2 25 | 65.6% | 20.3% | ||
| Q1 25 | 65.1% | 18.3% | ||
| Q4 24 | 65.9% | 20.1% | ||
| Q3 24 | 64.4% | 12.4% | ||
| Q2 24 | 65.1% | 20.7% |
| Q1 26 | 24.6% | — | ||
| Q4 25 | 22.6% | 5.5% | ||
| Q3 25 | 21.0% | 3.7% | ||
| Q2 25 | 22.6% | 4.1% | ||
| Q1 25 | 22.3% | 0.5% | ||
| Q4 24 | 17.0% | 5.6% | ||
| Q3 24 | 19.2% | -4.0% | ||
| Q2 24 | 17.2% | 6.4% |
| Q1 26 | 20.7% | 50.9% | ||
| Q4 25 | 19.2% | 33.4% | ||
| Q3 25 | 17.4% | 4.5% | ||
| Q2 25 | 17.6% | 5.6% | ||
| Q1 25 | 17.4% | 3.2% | ||
| Q4 24 | 19.6% | 4.6% | ||
| Q3 24 | 15.8% | -1.1% | ||
| Q2 24 | 14.8% | 15.8% |
| Q1 26 | $0.80 | $17.44 | ||
| Q4 25 | $0.72 | $13.28 | ||
| Q3 25 | $0.64 | $1.64 | ||
| Q2 25 | $0.62 | $1.86 | ||
| Q1 25 | $0.61 | $0.91 | ||
| Q4 24 | $0.68 | $1.75 | ||
| Q3 24 | $0.54 | $-0.35 | ||
| Q2 24 | $0.46 | $4.65 |
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 | — |
| Total DebtLower is stronger | $24.6B | — |
| Stockholders' EquityBook value | $47.7B | — |
| Total Assets | $123.4B | — |
| Debt / EquityLower = less leverage | 0.52× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $15.8B | — | ||
| Q4 25 | $15.7B | — | ||
| Q3 25 | $16.1B | — | ||
| Q2 25 | $15.6B | — | ||
| Q1 25 | $16.9B | — | ||
| Q4 24 | $18.7B | — | ||
| Q3 24 | $17.9B | — | ||
| Q2 24 | $18.8B | — |
| Q1 26 | $24.6B | — | ||
| Q4 25 | $24.6B | — | ||
| Q3 25 | $24.6B | — | ||
| Q2 25 | $25.1B | — | ||
| Q1 25 | $20.1B | — | ||
| Q4 24 | $20.1B | — | ||
| Q3 24 | $20.1B | — | ||
| Q2 24 | $20.1B | — |
| Q1 26 | $47.7B | — | ||
| Q4 25 | $46.9B | $11.2B | ||
| Q3 25 | $46.8B | $8.6B | ||
| Q2 25 | $45.9B | $8.9B | ||
| Q1 25 | $45.5B | $8.6B | ||
| Q4 24 | $45.3B | $9.5B | ||
| Q3 24 | $45.5B | $9.5B | ||
| Q2 24 | $45.8B | $9.1B |
| Q1 26 | $123.4B | — | ||
| Q4 25 | $121.1B | $63.0B | ||
| Q3 25 | $122.3B | $54.4B | ||
| Q2 25 | $119.8B | $53.1B | ||
| Q1 25 | $121.4B | $51.6B | ||
| Q4 24 | $123.3B | $51.5B | ||
| Q3 24 | $124.4B | $50.9B | ||
| Q2 24 | $123.0B | $48.1B |
| Q1 26 | 0.52× | — | ||
| Q4 25 | 0.53× | — | ||
| Q3 25 | 0.53× | — | ||
| Q2 25 | 0.55× | — | ||
| Q1 25 | 0.44× | — | ||
| Q4 24 | 0.44× | — | ||
| 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 | — |
| Free Cash FlowOCF − Capex | $1.5B | $4.8B |
| FCF MarginFCF / Revenue | 10.0% | 51.3% |
| Capex IntensityCapex / Revenue | 1.8% | — |
| Cash ConversionOCF / Net Profit | 0.57× | — |
| TTM Free Cash FlowTrailing 4 quarters | $12.2B | $7.5B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.8B | — | ||
| Q4 25 | $3.2B | $2.5B | ||
| Q3 25 | $4.2B | $980.0M | ||
| Q2 25 | $4.1B | $367.0M | ||
| Q1 25 | $2.2B | $1.2B | ||
| Q4 24 | $3.7B | $921.0M | ||
| Q3 24 | $3.7B | $1.1B | ||
| Q2 24 | $4.0B | $979.0M |
| Q1 26 | $1.5B | $4.8B | ||
| Q4 25 | $2.9B | $1.8B | ||
| Q3 25 | $4.0B | $733.0M | ||
| Q2 25 | $3.8B | $194.0M | ||
| Q1 25 | $2.0B | $975.0M | ||
| Q4 24 | $3.4B | $571.0M | ||
| Q3 24 | $3.5B | $968.0M | ||
| Q2 24 | $3.8B | $822.0M |
| Q1 26 | 10.0% | 51.3% | ||
| Q4 25 | 19.4% | 16.5% | ||
| Q3 25 | 27.4% | 7.4% | ||
| Q2 25 | 26.8% | 2.1% | ||
| Q1 25 | 14.5% | 12.1% | ||
| Q4 24 | 24.9% | 5.4% | ||
| Q3 24 | 25.9% | 10.9% | ||
| Q2 24 | 29.9% | 10.0% |
| Q1 26 | 1.8% | — | ||
| Q4 25 | 2.2% | 6.1% | ||
| Q3 25 | 1.5% | 2.5% | ||
| Q2 25 | 1.8% | 1.9% | ||
| Q1 25 | 1.5% | 2.3% | ||
| Q4 24 | 1.6% | 3.3% | ||
| Q3 24 | 1.5% | 1.8% | ||
| Q2 24 | 1.3% | 1.9% |
| Q1 26 | 0.57× | — | ||
| Q4 25 | 1.12× | 0.68× | ||
| Q3 25 | 1.66× | 2.17× | ||
| Q2 25 | 1.63× | 0.71× | ||
| Q1 25 | 0.92× | 4.57× | ||
| Q4 24 | 1.35× | 1.90× | ||
| Q3 24 | 1.73× | — | ||
| Q2 24 | 2.11× | 0.76× |
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% |
GEV
| Organic revenues | $8.6B | 92% |
| Other | $752.0M | 8% |
