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

Tesla, Inc. is the larger business by last-quarter revenue ($22.4B vs $15.3B, roughly 1.5× Cisco). Cisco runs the higher net margin — 20.7% vs 2.1%, a 18.6% gap on every dollar of revenue. On growth, Tesla, Inc. posted the faster year-over-year revenue change (16.0% vs 9.7%). Cisco produced more free cash flow last quarter ($1.5B vs $1.4B). Over the past eight quarters, Cisco's revenue compounded faster (9.9% CAGR vs -6.3%).

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.

Tesla, Inc. is an American multinational automotive and clean energy company. Headquartered in Austin, Texas, it designs, manufactures, and sells battery electric vehicles (BEVs), stationary battery energy storage devices from home to grid-scale, solar panels and solar shingles, and related products and services.

CSCO vs TSLA — Head-to-Head

Bigger by revenue
TSLA
TSLA
1.5× larger
TSLA
$22.4B
$15.3B
CSCO
Growing faster (revenue YoY)
TSLA
TSLA
+6.3% gap
TSLA
16.0%
9.7%
CSCO
Higher net margin
CSCO
CSCO
18.6% more per $
CSCO
20.7%
2.1%
TSLA
More free cash flow
CSCO
CSCO
$95.0M more FCF
CSCO
$1.5B
$1.4B
TSLA
Faster 2-yr revenue CAGR
CSCO
CSCO
Annualised
CSCO
9.9%
-6.3%
TSLA

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
CSCO
CSCO
TSLA
TSLA
Revenue
$15.3B
$22.4B
Net Profit
$3.2B
$477.0M
Gross Margin
65.0%
21.1%
Operating Margin
24.6%
4.2%
Net Margin
20.7%
2.1%
Revenue YoY
9.7%
16.0%
Net Profit YoY
30.8%
17.0%
EPS (diluted)
$0.80
$0.13

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
CSCO
TSLA
TSLA
Q1 26
$15.3B
$22.4B
Q4 25
$14.9B
$24.9B
Q3 25
$14.7B
$28.1B
Q2 25
$14.1B
$22.5B
Q1 25
$14.0B
$19.3B
Q4 24
$13.8B
$25.7B
Q3 24
$13.6B
$25.2B
Q2 24
$12.7B
$25.5B
Net Profit
CSCO
CSCO
TSLA
TSLA
Q1 26
$3.2B
$477.0M
Q4 25
$2.9B
$840.0M
Q3 25
$2.5B
$1.4B
Q2 25
$2.5B
$1.2B
Q1 25
$2.4B
$409.0M
Q4 24
$2.7B
$2.3B
Q3 24
$2.2B
$2.2B
Q2 24
$1.9B
$1.5B
Gross Margin
CSCO
CSCO
TSLA
TSLA
Q1 26
65.0%
21.1%
Q4 25
65.5%
20.1%
Q3 25
63.2%
18.0%
Q2 25
65.6%
17.2%
Q1 25
65.1%
16.3%
Q4 24
65.9%
16.3%
Q3 24
64.4%
19.8%
Q2 24
65.1%
18.0%
Operating Margin
CSCO
CSCO
TSLA
TSLA
Q1 26
24.6%
4.2%
Q4 25
22.6%
5.7%
Q3 25
21.0%
5.8%
Q2 25
22.6%
4.1%
Q1 25
22.3%
2.1%
Q4 24
17.0%
6.2%
Q3 24
19.2%
10.8%
Q2 24
17.2%
6.3%
Net Margin
CSCO
CSCO
TSLA
TSLA
Q1 26
20.7%
2.1%
Q4 25
19.2%
3.4%
Q3 25
17.4%
4.9%
Q2 25
17.6%
5.2%
Q1 25
17.4%
2.1%
Q4 24
19.6%
9.0%
Q3 24
15.8%
8.6%
Q2 24
14.8%
5.8%
EPS (diluted)
CSCO
CSCO
TSLA
TSLA
Q1 26
$0.80
$0.13
Q4 25
$0.72
$0.24
Q3 25
$0.64
$0.39
Q2 25
$0.62
$0.33
Q1 25
$0.61
$0.12
Q4 24
$0.68
$0.66
Q3 24
$0.54
$0.62
Q2 24
$0.46
$0.42

Balance Sheet & Financial Strength

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

Metric
CSCO
CSCO
TSLA
TSLA
Cash + ST InvestmentsLiquidity on hand
$15.8B
$81.7B
Total DebtLower is stronger
$24.6B
$7.5B
Stockholders' EquityBook value
$47.7B
$74.7B
Total Assets
$123.4B
$125.1B
Debt / EquityLower = less leverage
0.52×
0.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CSCO
CSCO
TSLA
TSLA
Q1 26
$15.8B
$81.7B
Q4 25
$15.7B
$44.1B
Q3 25
$16.1B
$41.6B
Q2 25
$15.6B
$36.8B
Q1 25
$16.9B
$37.0B
Q4 24
$18.7B
$36.6B
Q3 24
$17.9B
$33.6B
Q2 24
$18.8B
$30.7B
Total Debt
CSCO
CSCO
TSLA
TSLA
Q1 26
$24.6B
$7.5B
Q4 25
$24.6B
$6.6B
Q3 25
$24.6B
$5.6B
Q2 25
$25.1B
$5.0B
Q1 25
$20.1B
$5.1B
Q4 24
$20.1B
$5.5B
Q3 24
$20.1B
$5.3B
Q2 24
$20.1B
$5.3B
Stockholders' Equity
CSCO
CSCO
TSLA
TSLA
Q1 26
$47.7B
$74.7B
Q4 25
$46.9B
$82.1B
Q3 25
$46.8B
$80.0B
Q2 25
$45.9B
$77.3B
Q1 25
$45.5B
$74.7B
Q4 24
$45.3B
$72.9B
Q3 24
$45.5B
$69.9B
Q2 24
$45.8B
$66.5B
Total Assets
CSCO
CSCO
TSLA
TSLA
Q1 26
$123.4B
$125.1B
Q4 25
$121.1B
$137.8B
Q3 25
$122.3B
$133.7B
Q2 25
$119.8B
$128.6B
Q1 25
$121.4B
$125.1B
Q4 24
$123.3B
$122.1B
Q3 24
$124.4B
$119.9B
Q2 24
$123.0B
$112.8B
Debt / Equity
CSCO
CSCO
TSLA
TSLA
Q1 26
0.52×
0.10×
Q4 25
0.53×
0.08×
Q3 25
0.53×
0.07×
Q2 25
0.55×
0.06×
Q1 25
0.44×
0.07×
Q4 24
0.44×
0.08×
Q3 24
0.44×
0.08×
Q2 24
0.44×
0.08×

Cash Flow & Capital Efficiency

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

Metric
CSCO
CSCO
TSLA
TSLA
Operating Cash FlowLast quarter
$1.8B
$3.9B
Free Cash FlowOCF − Capex
$1.5B
$1.4B
FCF MarginFCF / Revenue
10.0%
6.5%
Capex IntensityCapex / Revenue
1.8%
11.1%
Cash ConversionOCF / Net Profit
0.57×
8.25×
TTM Free Cash FlowTrailing 4 quarters
$12.2B
$7.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CSCO
CSCO
TSLA
TSLA
Q1 26
$1.8B
$3.9B
Q4 25
$3.2B
$3.8B
Q3 25
$4.2B
$6.2B
Q2 25
$4.1B
$2.5B
Q1 25
$2.2B
$2.2B
Q4 24
$3.7B
$4.8B
Q3 24
$3.7B
$6.3B
Q2 24
$4.0B
$3.6B
Free Cash Flow
CSCO
CSCO
TSLA
TSLA
Q1 26
$1.5B
$1.4B
Q4 25
$2.9B
$1.4B
Q3 25
$4.0B
$4.0B
Q2 25
$3.8B
$146.0M
Q1 25
$2.0B
$664.0M
Q4 24
$3.4B
$2.0B
Q3 24
$3.5B
$2.7B
Q2 24
$3.8B
$1.3B
FCF Margin
CSCO
CSCO
TSLA
TSLA
Q1 26
10.0%
6.5%
Q4 25
19.4%
5.7%
Q3 25
27.4%
14.2%
Q2 25
26.8%
0.6%
Q1 25
14.5%
3.4%
Q4 24
24.9%
7.9%
Q3 24
25.9%
10.9%
Q2 24
29.9%
5.3%
Capex Intensity
CSCO
CSCO
TSLA
TSLA
Q1 26
1.8%
11.1%
Q4 25
2.2%
9.6%
Q3 25
1.5%
8.0%
Q2 25
1.8%
10.6%
Q1 25
1.5%
7.7%
Q4 24
1.6%
10.8%
Q3 24
1.5%
14.0%
Q2 24
1.3%
8.9%
Cash Conversion
CSCO
CSCO
TSLA
TSLA
Q1 26
0.57×
8.25×
Q4 25
1.12×
4.54×
Q3 25
1.66×
4.54×
Q2 25
1.63×
2.17×
Q1 25
0.92×
5.27×
Q4 24
1.35×
2.08×
Q3 24
1.73×
2.89×
Q2 24
2.11×
2.44×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CSCO
CSCO

Networking$8.3B54%
Services$3.7B24%
Security$2.0B13%
Collaboration$1.1B7%
Observability$277.0M2%

TSLA
TSLA

Automotive Sales$15.5B69%
Services & Other$3.7B17%
Energy Generation And Storage$2.4B11%
Automotive Leasing$381.0M2%
Automotive Regulatory Credits$380.0M2%

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