Cisco Gross Margin 2010-2025 | CSCO
- Cisco average gross margin for 2024 was 64.63%, a 3.28% increase from 2023.
- Cisco average gross margin for 2023 was 62.58%, a 0.37% increase from 2022.
- Cisco average gross margin for 2022 was 62.81%, a 1.81% decline from 2021.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.