vs
Side-by-side financial comparison of Cisco (CSCO) and Procter & Gamble (PG). Click either name above to swap in a different company.
Procter & Gamble is the larger business by last-quarter revenue ($21.2B vs $15.3B, roughly 1.4× Cisco). Cisco runs the higher net margin — 20.7% vs 18.6%, a 2.1% gap on every dollar of revenue. On growth, Cisco posted the faster year-over-year revenue change (9.7% vs 7.0%). Over the past eight quarters, Cisco's revenue compounded faster (9.9% CAGR vs 1.7%).
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.
The Procter & Gamble Company (P&G) is an American multinational consumer goods corporation incorporated and headquartered in Cincinnati, Ohio.
CSCO vs PG — Head-to-Head
Income Statement — Q2 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $15.3B | $21.2B |
| Net Profit | $3.2B | $4.0B |
| Gross Margin | 65.0% | 49.5% |
| Operating Margin | 24.6% | 21.5% |
| Net Margin | 20.7% | 18.6% |
| Revenue YoY | 9.7% | 7.0% |
| Net Profit YoY | 30.8% | 4.0% |
| EPS (diluted) | $0.80 | $1.63 |
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 | $21.2B | ||
| Q4 25 | $14.9B | $22.2B | ||
| Q3 25 | $14.7B | $22.4B | ||
| Q2 25 | $14.1B | $20.9B | ||
| Q1 25 | $14.0B | $19.8B | ||
| Q4 24 | $13.8B | $21.9B | ||
| Q3 24 | $13.6B | $21.7B | ||
| Q2 24 | $12.7B | $20.5B |
| Q1 26 | $3.2B | $4.0B | ||
| Q4 25 | $2.9B | $4.3B | ||
| Q3 25 | $2.5B | $4.8B | ||
| Q2 25 | $2.5B | $3.6B | ||
| Q1 25 | $2.4B | $3.8B | ||
| Q4 24 | $2.7B | $4.6B | ||
| Q3 24 | $2.2B | $4.0B | ||
| Q2 24 | $1.9B | $3.1B |
| Q1 26 | 65.0% | 49.5% | ||
| Q4 25 | 65.5% | 51.2% | ||
| Q3 25 | 63.2% | 51.4% | ||
| Q2 25 | 65.6% | 49.1% | ||
| Q1 25 | 65.1% | 51.0% | ||
| Q4 24 | 65.9% | 52.4% | ||
| Q3 24 | 64.4% | 52.1% | ||
| Q2 24 | 65.1% | 49.6% |
| Q1 26 | 24.6% | 21.5% | ||
| Q4 25 | 22.6% | 24.2% | ||
| Q3 25 | 21.0% | 26.2% | ||
| Q2 25 | 22.6% | 20.8% | ||
| Q1 25 | 22.3% | 23.0% | ||
| Q4 24 | 17.0% | 26.2% | ||
| Q3 24 | 19.2% | 26.7% | ||
| Q2 24 | 17.2% | 18.9% |
| Q1 26 | 20.7% | 18.6% | ||
| Q4 25 | 19.2% | 19.4% | ||
| Q3 25 | 17.4% | 21.2% | ||
| Q2 25 | 17.6% | 17.3% | ||
| Q1 25 | 17.4% | 19.1% | ||
| Q4 24 | 19.6% | 21.2% | ||
| Q3 24 | 15.8% | 18.2% | ||
| Q2 24 | 14.8% | 15.3% |
| Q1 26 | $0.80 | $1.63 | ||
| Q4 25 | $0.72 | $1.78 | ||
| Q3 25 | $0.64 | $1.95 | ||
| Q2 25 | $0.62 | $1.48 | ||
| Q1 25 | $0.61 | $1.54 | ||
| Q4 24 | $0.68 | $1.88 | ||
| Q3 24 | $0.54 | $1.61 | ||
| Q2 24 | $0.46 | $1.27 |
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 | $12.3B |
| Total DebtLower is stronger | $24.6B | $23.9B |
| Stockholders' EquityBook value | $47.7B | $54.7B |
| Total Assets | $123.4B | $128.4B |
| Debt / EquityLower = less leverage | 0.52× | 0.44× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $15.8B | $12.3B | ||
| 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 | $23.9B | ||
| 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 | $54.7B | ||
| Q4 25 | $46.9B | $53.3B | ||
| Q3 25 | $46.8B | $53.6B | ||
| Q2 25 | $45.9B | $52.3B | ||
| Q1 25 | $45.5B | $52.5B | ||
| Q4 24 | $45.3B | $51.4B | ||
| Q3 24 | $45.5B | $52.1B | ||
| Q2 24 | $45.8B | $50.6B |
| Q1 26 | $123.4B | $128.4B | ||
| Q4 25 | $121.1B | $127.3B | ||
| Q3 25 | $122.3B | $127.6B | ||
| Q2 25 | $119.8B | $125.2B | ||
| Q1 25 | $121.4B | $123.0B | ||
| Q4 24 | $123.3B | $122.6B | ||
| Q3 24 | $124.4B | $126.5B | ||
| Q2 24 | $123.0B | $122.4B |
| Q1 26 | 0.52× | 0.44× | ||
| 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 | — |
| FCF MarginFCF / Revenue | 10.0% | — |
| Capex IntensityCapex / Revenue | 1.8% | 15.9% |
| Cash ConversionOCF / Net Profit | 0.57× | — |
| TTM Free Cash FlowTrailing 4 quarters | $12.2B | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.8B | — | ||
| Q4 25 | $3.2B | $5.0B | ||
| Q3 25 | $4.2B | $5.4B | ||
| Q2 25 | $4.1B | $5.0B | ||
| Q1 25 | $2.2B | $3.7B | ||
| Q4 24 | $3.7B | $4.8B | ||
| Q3 24 | $3.7B | $4.3B | ||
| Q2 24 | $4.0B | $5.8B |
| Q1 26 | $1.5B | — | ||
| Q4 25 | $2.9B | $3.8B | ||
| Q3 25 | $4.0B | $4.2B | ||
| Q2 25 | $3.8B | $4.0B | ||
| Q1 25 | $2.0B | $2.8B | ||
| Q4 24 | $3.4B | $3.9B | ||
| Q3 24 | $3.5B | $3.3B | ||
| Q2 24 | $3.8B | $5.0B |
| Q1 26 | 10.0% | — | ||
| Q4 25 | 19.4% | 17.1% | ||
| Q3 25 | 27.4% | 18.8% | ||
| Q2 25 | 26.8% | 19.1% | ||
| Q1 25 | 14.5% | 14.4% | ||
| Q4 24 | 24.9% | 17.8% | ||
| Q3 24 | 25.9% | 15.2% | ||
| Q2 24 | 29.9% | 24.2% |
| Q1 26 | 1.8% | 15.9% | ||
| Q4 25 | 2.2% | 5.3% | ||
| Q3 25 | 1.5% | 5.4% | ||
| Q2 25 | 1.8% | 4.8% | ||
| Q1 25 | 1.5% | 4.3% | ||
| Q4 24 | 1.6% | 4.2% | ||
| Q3 24 | 1.5% | 4.6% | ||
| Q2 24 | 1.3% | 3.8% |
| Q1 26 | 0.57× | — | ||
| Q4 25 | 1.12× | 1.15× | ||
| Q3 25 | 1.66× | 1.14× | ||
| Q2 25 | 1.63× | 1.38× | ||
| Q1 25 | 0.92× | 0.98× | ||
| Q4 24 | 1.35× | 1.04× | ||
| Q3 24 | 1.73× | 1.09× | ||
| Q2 24 | 2.11× | 1.83× |
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% |
PG
| Fabric & Home Care | $7.4B | 35% |
| Baby, Feminine & Family Care | $5.1B | 24% |
| Beauty | $3.9B | 18% |
| Health Care | $3.1B | 14% |
| Grooming | $1.6B | 8% |
| Corporate | $225.0M | 1% |
