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Side-by-side financial comparison of Cisco (CSCO) and Coca-Cola Company (The) (KO). Click either name above to swap in a different company.
Cisco is the larger business by last-quarter revenue ($15.3B vs $11.8B, roughly 1.3× Coca-Cola Company (The)). Cisco runs the higher net margin — 20.7% vs 19.2%, a 1.5% gap on every dollar of revenue. On growth, Cisco posted the faster year-over-year revenue change (9.7% vs 2.4%). Coca-Cola Company (The) produced more free cash flow last quarter ($2.9B vs $1.5B). Over the past eight quarters, Cisco's revenue compounded faster (9.9% CAGR vs 2.3%).
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.
The Coca-Cola Company is an American multinational corporation founded in 1892 headquartered in Atlanta, Georgia. It manufactures, sells and markets soft drinks including Coca-Cola, other non-alcoholic beverage concentrates and syrups, and alcoholic beverages. Its stock is listed on the New York Stock Exchange and is a component of the DJIA and the S&P 500 and S&P 100 indices.
CSCO vs KO — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $15.3B | $11.8B |
| Net Profit | $3.2B | $2.3B |
| Gross Margin | 65.0% | 60.0% |
| Operating Margin | 24.6% | 15.6% |
| Net Margin | 20.7% | 19.2% |
| Revenue YoY | 9.7% | 2.4% |
| Net Profit YoY | 30.8% | 3.5% |
| EPS (diluted) | $0.80 | $0.53 |
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 | — | ||
| Q4 25 | $14.9B | $11.8B | ||
| Q3 25 | $14.7B | $12.5B | ||
| Q2 25 | $14.1B | $12.5B | ||
| Q1 25 | $14.0B | $11.1B | ||
| Q4 24 | $13.8B | $11.5B | ||
| Q3 24 | $13.6B | $11.9B | ||
| Q2 24 | $12.7B | $12.4B |
| Q1 26 | $3.2B | — | ||
| Q4 25 | $2.9B | $2.3B | ||
| Q3 25 | $2.5B | $3.7B | ||
| Q2 25 | $2.5B | $3.8B | ||
| Q1 25 | $2.4B | $3.3B | ||
| Q4 24 | $2.7B | $2.2B | ||
| Q3 24 | $2.2B | $2.8B | ||
| Q2 24 | $1.9B | $2.4B |
| Q1 26 | 65.0% | — | ||
| Q4 25 | 65.5% | 60.0% | ||
| Q3 25 | 63.2% | 61.5% | ||
| Q2 25 | 65.6% | 62.4% | ||
| Q1 25 | 65.1% | 62.6% | ||
| Q4 24 | 65.9% | 60.0% | ||
| Q3 24 | 64.4% | 60.7% | ||
| Q2 24 | 65.1% | 61.1% |
| Q1 26 | 24.6% | — | ||
| Q4 25 | 22.6% | 15.6% | ||
| Q3 25 | 21.0% | 32.0% | ||
| Q2 25 | 22.6% | 34.1% | ||
| Q1 25 | 22.3% | 32.9% | ||
| Q4 24 | 17.0% | 23.5% | ||
| Q3 24 | 19.2% | 21.2% | ||
| Q2 24 | 17.2% | 21.3% |
| Q1 26 | 20.7% | — | ||
| Q4 25 | 19.2% | 19.2% | ||
| Q3 25 | 17.4% | 29.7% | ||
| Q2 25 | 17.6% | 30.4% | ||
| Q1 25 | 17.4% | 29.9% | ||
| Q4 24 | 19.6% | 19.0% | ||
| Q3 24 | 15.8% | 24.0% | ||
| Q2 24 | 14.8% | 19.5% |
| Q1 26 | $0.80 | — | ||
| Q4 25 | $0.72 | $0.53 | ||
| Q3 25 | $0.64 | $0.86 | ||
| Q2 25 | $0.62 | $0.88 | ||
| Q1 25 | $0.61 | $0.77 | ||
| Q4 24 | $0.68 | $0.50 | ||
| Q3 24 | $0.54 | $0.66 | ||
| Q2 24 | $0.46 | $0.56 |
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 | $10.3B |
| Total DebtLower is stronger | $24.6B | $42.1B |
| Stockholders' EquityBook value | $47.7B | $32.2B |
| Total Assets | $123.4B | $104.8B |
| Debt / EquityLower = less leverage | 0.52× | 1.31× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $15.8B | — | ||
| Q4 25 | $15.7B | $10.3B | ||
| Q3 25 | $16.1B | $12.7B | ||
| Q2 25 | $15.6B | $9.6B | ||
| Q1 25 | $16.9B | $8.4B | ||
| Q4 24 | $18.7B | $10.8B | ||
| Q3 24 | $17.9B | $13.9B | ||
| Q2 24 | $18.8B | $13.7B |
| Q1 26 | $24.6B | — | ||
| Q4 25 | $24.6B | $42.1B | ||
| Q3 25 | $24.6B | $43.2B | ||
| Q2 25 | $25.1B | $45.0B | ||
| Q1 25 | $20.1B | $43.5B | ||
| Q4 24 | $20.1B | $42.4B | ||
| Q3 24 | $20.1B | $43.0B | ||
| Q2 24 | $20.1B | $38.1B |
| Q1 26 | $47.7B | — | ||
| Q4 25 | $46.9B | $32.2B | ||
| Q3 25 | $46.8B | $31.2B | ||
| Q2 25 | $45.9B | $28.6B | ||
| Q1 25 | $45.5B | $26.2B | ||
| Q4 24 | $45.3B | $24.9B | ||
| Q3 24 | $45.5B | $26.5B | ||
| Q2 24 | $45.8B | $25.9B |
| Q1 26 | $123.4B | — | ||
| Q4 25 | $121.1B | $104.8B | ||
| Q3 25 | $122.3B | $106.0B | ||
| Q2 25 | $119.8B | $104.3B | ||
| Q1 25 | $121.4B | $101.7B | ||
| Q4 24 | $123.3B | $100.5B | ||
| Q3 24 | $124.4B | $106.3B | ||
| Q2 24 | $123.0B | $101.2B |
| Q1 26 | 0.52× | — | ||
| Q4 25 | 0.53× | 1.31× | ||
| Q3 25 | 0.53× | 1.38× | ||
| Q2 25 | 0.55× | 1.57× | ||
| Q1 25 | 0.44× | 1.66× | ||
| Q4 24 | 0.44× | 1.70× | ||
| Q3 24 | 0.44× | 1.62× | ||
| Q2 24 | 0.44× | 1.47× |
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 | $3.8B |
| Free Cash FlowOCF − Capex | $1.5B | $2.9B |
| FCF MarginFCF / Revenue | 10.0% | 24.3% |
| Capex IntensityCapex / Revenue | 1.8% | 7.5% |
| Cash ConversionOCF / Net Profit | 0.57× | 1.65× |
| TTM Free Cash FlowTrailing 4 quarters | $12.2B | $5.3B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.8B | — | ||
| Q4 25 | $3.2B | $3.8B | ||
| Q3 25 | $4.2B | $5.0B | ||
| Q2 25 | $4.1B | $3.8B | ||
| Q1 25 | $2.2B | $-5.2B | ||
| Q4 24 | $3.7B | $4.0B | ||
| Q3 24 | $3.7B | $-1.3B | ||
| Q2 24 | $4.0B | $3.6B |
| Q1 26 | $1.5B | — | ||
| Q4 25 | $2.9B | $2.9B | ||
| Q3 25 | $4.0B | $4.6B | ||
| Q2 25 | $3.8B | $3.4B | ||
| Q1 25 | $2.0B | $-5.5B | ||
| Q4 24 | $3.4B | $3.1B | ||
| Q3 24 | $3.5B | $-1.7B | ||
| Q2 24 | $3.8B | $3.2B |
| Q1 26 | 10.0% | — | ||
| Q4 25 | 19.4% | 24.3% | ||
| Q3 25 | 27.4% | 36.6% | ||
| Q2 25 | 26.8% | 26.9% | ||
| Q1 25 | 14.5% | -49.5% | ||
| Q4 24 | 24.9% | 27.3% | ||
| Q3 24 | 25.9% | -14.6% | ||
| Q2 24 | 29.9% | 25.6% |
| Q1 26 | 1.8% | — | ||
| Q4 25 | 2.2% | 7.5% | ||
| Q3 25 | 1.5% | 3.8% | ||
| Q2 25 | 1.8% | 3.5% | ||
| Q1 25 | 1.5% | 2.8% | ||
| Q4 24 | 1.6% | 7.0% | ||
| Q3 24 | 1.5% | 4.0% | ||
| Q2 24 | 1.3% | 3.4% |
| Q1 26 | 0.57× | — | ||
| Q4 25 | 1.12× | 1.65× | ||
| Q3 25 | 1.66× | 1.36× | ||
| Q2 25 | 1.63× | 1.00× | ||
| Q1 25 | 0.92× | -1.56× | ||
| Q4 24 | 1.35× | 1.80× | ||
| Q3 24 | 1.73× | -0.44× | ||
| Q2 24 | 2.11× | 1.49× |
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% |
KO
| Other | $7.0B | 59% |
| Finished Product Operations | $2.4B | 21% |
| Concentrate Operations | $2.4B | 20% |
