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Side-by-side financial comparison of Cisco (CSCO) and Lennar (LEN). Click either name above to swap in a different company.
Cisco is the larger business by last-quarter revenue ($15.3B vs $9.4B, roughly 1.6× Lennar). Cisco runs the higher net margin — 20.7% vs 5.2%, a 15.5% gap on every dollar of revenue. On growth, Cisco posted the faster year-over-year revenue change (9.7% vs -5.8%). Lennar produced more free cash flow last quarter ($1.7B vs $1.5B). Over the past eight quarters, Lennar's revenue compounded faster (13.2% CAGR vs 9.9%).
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.
Lennar Corporation is an American home construction company based in Miami-Dade County, Florida. As of 2025, it is the second-largest home construction company in the United States based on the number of homes sold. Lennar has investments in multifamily and single-family residential rental properties, luxury development, property technology with LenX, and mortgage lending from Lennar Mortgage.
CSCO vs LEN — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $15.3B | $9.4B |
| Net Profit | $3.2B | $490.2M |
| Gross Margin | 65.0% | — |
| Operating Margin | 24.6% | 7.3% |
| Net Margin | 20.7% | 5.2% |
| Revenue YoY | 9.7% | -5.8% |
| Net Profit YoY | 30.8% | -55.3% |
| 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 | — | ||
| Q4 25 | $14.9B | $9.4B | ||
| Q3 25 | $14.7B | $8.8B | ||
| Q2 25 | $14.1B | $8.4B | ||
| Q1 25 | $14.0B | $7.6B | ||
| Q4 24 | $13.8B | $9.9B | ||
| Q3 24 | $13.6B | $9.4B | ||
| Q2 24 | $12.7B | $8.8B |
| Q1 26 | $3.2B | — | ||
| Q4 25 | $2.9B | $490.2M | ||
| Q3 25 | $2.5B | $591.0M | ||
| Q2 25 | $2.5B | $477.4M | ||
| Q1 25 | $2.4B | $519.5M | ||
| Q4 24 | $2.7B | $1.1B | ||
| Q3 24 | $2.2B | $1.2B | ||
| Q2 24 | $1.9B | $954.3M |
| 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% | — | ||
| Q4 25 | 22.6% | 7.3% | ||
| Q3 25 | 21.0% | 9.0% | ||
| Q2 25 | 22.6% | 7.7% | ||
| Q1 25 | 22.3% | 9.1% | ||
| Q4 24 | 17.0% | 14.7% | ||
| Q3 24 | 19.2% | 16.3% | ||
| Q2 24 | 17.2% | 14.4% |
| Q1 26 | 20.7% | — | ||
| Q4 25 | 19.2% | 5.2% | ||
| Q3 25 | 17.4% | 6.7% | ||
| Q2 25 | 17.6% | 5.7% | ||
| Q1 25 | 17.4% | 6.8% | ||
| Q4 24 | 19.6% | 11.0% | ||
| Q3 24 | 15.8% | 12.3% | ||
| Q2 24 | 14.8% | 10.9% |
| Q1 26 | $0.80 | — | ||
| Q4 25 | $0.72 | — | ||
| Q3 25 | $0.64 | $2.29 | ||
| Q2 25 | $0.62 | $1.81 | ||
| Q1 25 | $0.61 | $1.96 | ||
| Q4 24 | $0.68 | $4.03 | ||
| Q3 24 | $0.54 | $4.26 | ||
| Q2 24 | $0.46 | $3.45 |
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 | $3.8B |
| Total DebtLower is stronger | $24.6B | $5.9B |
| Stockholders' EquityBook value | $47.7B | $22.0B |
| Total Assets | $123.4B | $34.4B |
| Debt / EquityLower = less leverage | 0.52× | 0.27× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $15.8B | — | ||
| Q4 25 | $15.7B | $3.8B | ||
| Q3 25 | $16.1B | — | ||
| Q2 25 | $15.6B | — | ||
| Q1 25 | $16.9B | — | ||
| Q4 24 | $18.7B | $4.9B | ||
| Q3 24 | $17.9B | — | ||
| Q2 24 | $18.8B | — |
| Q1 26 | $24.6B | — | ||
| Q4 25 | $24.6B | $5.9B | ||
| Q3 25 | $24.6B | — | ||
| Q2 25 | $25.1B | — | ||
| Q1 25 | $20.1B | — | ||
| Q4 24 | $20.1B | $4.2B | ||
| Q3 24 | $20.1B | — | ||
| Q2 24 | $20.1B | — |
| Q1 26 | $47.7B | — | ||
| Q4 25 | $46.9B | $22.0B | ||
| Q3 25 | $46.8B | $22.6B | ||
| Q2 25 | $45.9B | $22.6B | ||
| Q1 25 | $45.5B | $22.7B | ||
| Q4 24 | $45.3B | $27.9B | ||
| Q3 24 | $45.5B | $27.4B | ||
| Q2 24 | $45.8B | $26.9B |
| Q1 26 | $123.4B | — | ||
| Q4 25 | $121.1B | $34.4B | ||
| Q3 25 | $122.3B | $34.9B | ||
| Q2 25 | $119.8B | $34.4B | ||
| Q1 25 | $121.4B | $35.0B | ||
| Q4 24 | $123.3B | $41.3B | ||
| Q3 24 | $124.4B | $39.7B | ||
| Q2 24 | $123.0B | $38.7B |
| Q1 26 | 0.52× | — | ||
| Q4 25 | 0.53× | 0.27× | ||
| Q3 25 | 0.53× | — | ||
| Q2 25 | 0.55× | — | ||
| Q1 25 | 0.44× | — | ||
| Q4 24 | 0.44× | 0.15× | ||
| 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 | $1.8B |
| Free Cash FlowOCF − Capex | $1.5B | $1.7B |
| FCF MarginFCF / Revenue | 10.0% | 17.9% |
| Capex IntensityCapex / Revenue | 1.8% | 0.9% |
| Cash ConversionOCF / Net Profit | 0.57× | 3.59× |
| TTM Free Cash FlowTrailing 4 quarters | $12.2B | $28.2M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.8B | — | ||
| Q4 25 | $3.2B | $1.8B | ||
| Q3 25 | $4.2B | $-158.6M | ||
| Q2 25 | $4.1B | $-1.1B | ||
| Q1 25 | $2.2B | $-289.0M | ||
| Q4 24 | $3.7B | $974.5M | ||
| Q3 24 | $3.7B | $819.2M | ||
| Q2 24 | $4.0B | $241.8M |
| Q1 26 | $1.5B | — | ||
| Q4 25 | $2.9B | $1.7B | ||
| Q3 25 | $4.0B | $-190.8M | ||
| Q2 25 | $3.8B | $-1.1B | ||
| Q1 25 | $2.0B | $-345.1M | ||
| Q4 24 | $3.4B | $933.1M | ||
| Q3 24 | $3.5B | $800.8M | ||
| Q2 24 | $3.8B | $203.0M |
| Q1 26 | 10.0% | — | ||
| Q4 25 | 19.4% | 17.9% | ||
| Q3 25 | 27.4% | -2.2% | ||
| Q2 25 | 26.8% | -13.3% | ||
| Q1 25 | 14.5% | -4.5% | ||
| Q4 24 | 24.9% | 9.4% | ||
| Q3 24 | 25.9% | 8.5% | ||
| Q2 24 | 29.9% | 2.3% |
| Q1 26 | 1.8% | — | ||
| Q4 25 | 2.2% | 0.9% | ||
| Q3 25 | 1.5% | 0.4% | ||
| Q2 25 | 1.8% | 0.2% | ||
| Q1 25 | 1.5% | 0.7% | ||
| Q4 24 | 1.6% | 0.4% | ||
| Q3 24 | 1.5% | 0.2% | ||
| Q2 24 | 1.3% | 0.4% |
| Q1 26 | 0.57× | — | ||
| Q4 25 | 1.12× | 3.59× | ||
| Q3 25 | 1.66× | -0.27× | ||
| Q2 25 | 1.63× | -2.29× | ||
| Q1 25 | 0.92× | -0.56× | ||
| Q4 24 | 1.35× | 0.89× | ||
| Q3 24 | 1.73× | 0.70× | ||
| Q2 24 | 2.11× | 0.25× |
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% |
LEN
| Lennar Homebuilding East Central West Houstonand Other | $8.9B | 95% |
| Lennar Financial Services | $308.8M | 3% |
| Lennar Multifamily | $158.7M | 2% |
| Lennar Other | $14.8M | 0% |
| Homebuilding Other Regions | $3.9M | 0% |
