How do Cisco and Nike, Inc. compare by revenue?

Cisco reported revenue of $15.3B in Q2 FY2026, while Nike, Inc. reported $11.3B in Q4 FY2026. Cisco is 1.4× larger by last-quarter revenue.

Which is growing revenue faster, Cisco or Nike, Inc.?

Cisco's latest revenue grew 9.7% year-over-year, versus 0.1% for Nike, Inc.. Cisco is growing faster on a YoY basis.

Which has a higher gross margin, Cisco or Nike, Inc.?

Cisco's gross margin is 65.0% vs Nike, Inc.'s 40.2%. Cisco converts more of each revenue dollar into gross profit.

Which has a higher net margin, Cisco or Nike, Inc.?

Cisco's net margin is 20.7% vs Nike, Inc.'s 4.6%. Cisco has the higher bottom-line margin.

What is the 2-year revenue CAGR for Cisco vs Nike, Inc.?

Over the trailing 8 quarters, Cisco compounded revenue at roughly 9.9% per year, versus -5.4% for Nike, Inc.. Cisco has the faster medium-term growth trajectory.

Where does this CSCO vs NKE data come from?

All figures are parsed directly from SEC EDGAR 10-Q / 10-K / 20-F / 6-K filings (for US-listed issuers) or EDINET filings (for Japanese issuers), then normalised into a common schema. Numbers update automatically as new filings are released.

vs

Side-by-side financial comparison of Cisco (CSCO) and Nike, Inc. (NKE). Click either name above to swap in a different company.

Cisco is the larger business by last-quarter revenue ($15.3B vs $11.3B, roughly 1.4× Nike, Inc.). Cisco runs the higher net margin — 20.7% vs 4.6%, a 16.1% gap on every dollar of revenue. On growth, Cisco posted the faster year-over-year revenue change (9.7% vs 0.1%). Over the past eight quarters, Cisco's revenue compounded faster (9.9% CAGR vs -5.4%).

CiscoCSCOEarnings & Financial Report

Nasdaq · Information Technology · Communications Equipment

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.

Nike, Inc.NKEEarnings & Financial Report

NYSE · Consumer Discretionary · Apparel, Accessories & Luxury Goods

Nike often refers to:Nike, Inc., a major American producer of athletic shoes, apparel, and sports equipment Nike (mythology), a Greek goddess who personifies victory

CSCO vs NKE — Head-to-Head

Bigger by revenue

CSCO

1.4× larger

$15.3B

$11.3B

Growing faster (revenue YoY)

CSCO

+9.6% gap

9.7%

0.1%

Higher net margin

CSCO

16.1% more per $

20.7%

4.6%

Faster 2-yr revenue CAGR

CSCO

Annualised

9.9%

-5.4%

Income Statement — Q2 FY2026 vs Q4 FY2026

Metric	CSCO	NKE
Revenue	$15.3B	$11.3B
Net Profit	$3.2B	$520.0M
Gross Margin	65.0%	40.2%
Operating Margin	24.6%	—
Net Margin	20.7%	4.6%
Revenue YoY	9.7%	0.1%
Net Profit YoY	30.8%	-34.5%
EPS (diluted)	$0.80	$0.35

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.

Revenue

CSCO

NKE

Q1 26	$15.3B	$11.3B
Q4 25	$14.9B	$12.4B
Q3 25	$14.7B	$11.7B
Q2 25	$14.1B	$11.1B
Q1 25	$14.0B	$11.3B
Q4 24	$13.8B	$12.4B
Q3 24	$13.6B	$11.6B
Q2 24	$12.7B	$12.6B

Net Profit

CSCO

NKE

Q1 26	$3.2B	$520.0M
Q4 25	$2.9B	$792.0M
Q3 25	$2.5B	$727.0M
Q2 25	$2.5B	$211.0M
Q1 25	$2.4B	$794.0M
Q4 24	$2.7B	$1.2B
Q3 24	$2.2B	$1.1B
Q2 24	$1.9B	$1.5B

Gross Margin

CSCO

NKE

Q1 26	65.0%	40.2%
Q4 25	65.5%	40.6%
Q3 25	63.2%	42.2%
Q2 25	65.6%	40.3%
Q1 25	65.1%	41.5%
Q4 24	65.9%	43.6%
Q3 24	64.4%	45.4%
Q2 24	65.1%	44.7%

Operating Margin

CSCO

NKE

Q1 26	24.6%	—
Q4 25	22.6%	—
Q3 25	21.0%	—
Q2 25	22.6%	2.9%
Q1 25	22.3%	7.5%
Q4 24	17.0%	11.5%
Q3 24	19.2%	11.3%
Q2 24	17.2%	13.7%

Net Margin

CSCO

NKE

Q1 26	20.7%	4.6%
Q4 25	19.2%	6.4%
Q3 25	17.4%	6.2%
Q2 25	17.6%	1.9%
Q1 25	17.4%	7.0%
Q4 24	19.6%	9.4%
Q3 24	15.8%	9.1%
Q2 24	14.8%	11.9%

EPS (diluted)

CSCO

NKE

Q1 26	$0.80	$0.35
Q4 25	$0.72	$0.53
Q3 25	$0.64	$0.49
Q2 25	$0.62	$0.14
Q1 25	$0.61	$0.54
Q4 24	$0.68	$0.78
Q3 24	$0.54	$0.70
Q2 24	$0.46	$0.99

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric	CSCO	NKE
Cash + ST InvestmentsLiquidity on hand	$15.8B	$8.1B
Total DebtLower is stronger	$24.6B	$8.0B
Stockholders' EquityBook value	$47.7B	$14.1B
Total Assets	$123.4B	$37.1B
Debt / EquityLower = less leverage	0.52×	0.57×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments

CSCO

NKE

Q1 26	$15.8B	$8.1B
Q4 25	$15.7B	$7.0B
Q3 25	$16.1B	$7.0B
Q2 25	$15.6B	$7.5B
Q1 25	$16.9B	$8.6B
Q4 24	$18.7B	$8.0B
Q3 24	$17.9B	$8.5B
Q2 24	$18.8B	$9.9B

Total Debt

CSCO

NKE

Q1 26	$24.6B	$8.0B
Q4 25	$24.6B	—
Q3 25	$24.6B	—
Q2 25	$25.1B	$8.0B
Q1 25	$20.1B	—
Q4 24	$20.1B	—
Q3 24	$20.1B	—
Q2 24	$20.1B	$8.9B

Stockholders' Equity

CSCO

NKE

Q1 26	$47.7B	$14.1B
Q4 25	$46.9B	$14.1B
Q3 25	$46.8B	$13.5B
Q2 25	$45.9B	$13.2B
Q1 25	$45.5B	$14.0B
Q4 24	$45.3B	$14.0B
Q3 24	$45.5B	$13.9B
Q2 24	$45.8B	$14.4B

Total Assets

CSCO

NKE

Q1 26	$123.4B	$37.1B
Q4 25	$121.1B	$37.8B
Q3 25	$122.3B	$37.3B
Q2 25	$119.8B	$36.6B
Q1 25	$121.4B	$37.8B
Q4 24	$123.3B	$38.0B
Q3 24	$124.4B	$37.9B
Q2 24	$123.0B	$38.1B

Debt / Equity

CSCO

NKE

Q1 26	0.52×	0.57×
Q4 25	0.53×	—
Q3 25	0.53×	—
Q2 25	0.55×	0.60×
Q1 25	0.44×	—
Q4 24	0.44×	—
Q3 24	0.44×	—
Q2 24	0.44×	0.62×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric	CSCO	NKE
Operating Cash FlowLast quarter	$1.8B	—
Free Cash FlowOCF − Capex	$1.5B	—
FCF MarginFCF / Revenue	10.0%	—
Capex IntensityCapex / Revenue	1.8%	—
Cash ConversionOCF / Net Profit	0.57×	—
TTM Free Cash FlowTrailing 4 quarters	$12.2B	—