CSCO vs SMCI
Cisco Systems, Inc. and Super Micro Computer, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
At a glance
Most recent reported year
| Metric | CSCO | SMCI |
|---|---|---|
| Revenue | $56.7B | $39.1B |
| Net income | $10.2B | $2.2B |
| Gross margin | 64.9% | 10.8% |
| Net margin | 18.0% | 5.7% |
| Return on equity | 22.1% | 21.5% |
| Diluted EPS | $2.55 | $3.26 |
| Dividend / share | $1.62 | — |
| Payout ratio | 63.2% | — |
| Free cash flow | $13.3B | $-7.0B |
| Equity | $46.8B | $14.5B |
| Net debt / equity | 0.35× | — |
| Current ratio | 1.00× | 3.87× |
| Revenue CAGR 5y | 2.8% | 61.5% |
| Profit CAGR 5y | −1.9% | 81.9% |
CSCO bills 1.5× the revenue of SMCI, and keeps more of each dollar of revenue as profit (18.0% against 5.7%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner.
Revenue by year
10 years side by side
| Fiscal year | CSCO | SMCI |
|---|---|---|
| FY2025 | $56.7B | $39.1B |
| FY2024 | $53.8B | $22.0B |
| FY2023 | $57.0B | $15.0B |
| FY2022 | $51.6B | $7.1B |
| FY2021 | $49.8B | $5.2B |
| FY2020 | $49.3B | $3.6B |
| FY2019 | $51.9B | $3.3B |
| FY2018 | $49.3B | $3.5B |
| FY2017 | $48.0B | $3.4B |
| FY2016 | $49.2B | $2.5B |
Net income by year
Bottom line
| Fiscal year | CSCO | SMCI |
|---|---|---|
| FY2025 | $10.2B | $2.2B |
| FY2024 | $10.3B | $1.0B |
| FY2023 | $12.6B | $1.2B |
| FY2022 | $11.8B | $640.0M |
| FY2021 | $10.6B | $285.2M |
| FY2020 | $11.2B | $111.9M |
| FY2019 | $11.6B | $84.3M |
| FY2018 | $110.0M | $71.9M |
| FY2017 | $9.6B | $46.2M |
| FY2016 | $10.7B | $66.9M |
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