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Cisco Systems vs T-Mobile US: revenue, profit, margins and growth compared

Cisco Systems brought in $63.3B of revenue in fiscal 2026, T-Mobile US $88.3B in fiscal 2025. Revenue changed by +11.8% at Cisco Systems and +8.5% at T-Mobile US on the year before, so Cisco Systems grew faster. Cisco Systems kept 21.0% of its revenue as net profit, T-Mobile US 12.4%. Free cash flow was $12.8B at Cisco Systems and $18B at T-Mobile US.

Side by side, latest fiscal year

CSCOTMUS
Fiscal year endedFY2026 (July 25, 2026)FY2025 (December 31, 2025)
Revenue$63.3B$88.3B
Revenue growth+11.8%+8.5%
Net income$13.3B$11B
Net margin21.0%12.4%
Free cash flow$12.8B$18B
Free cash flow margin20.2%20.4%
Earnings per share (diluted)$3.33$9.72
Cash$7.2B$5.6B
Debt$22.9B$86.3B
Price to earnings32.017.0
Market value$420.6B$177.5B
Dividend yield1.56%2.30%
Rank by revenue in sector#5 of 51 · Telecommunications#4 of 51 · Telecommunications

Over the years

Revenue
CSCO FY2019: $51.9BCSCO FY2020: $49.3BCSCO FY2021: $49.8BCSCO FY2022: $51.6BCSCO FY2023: $57BCSCO FY2024: $53.8BCSCO FY2025: $56.7BCSCO FY2026: $63.3BTMUS FY2018: $43.3BTMUS FY2019: $45BTMUS FY2020: $68.4BTMUS FY2021: $80.1BTMUS FY2022: $79.6BTMUS FY2023: $78.6BTMUS FY2024: $81.4BTMUS FY2025: $88.3BFY18FY19FY20FY21FY22FY23FY24FY25FY26
CSCO $63.3BTMUS $88.3B
Net income
CSCO FY2019: $11.6BCSCO FY2020: $11.2BCSCO FY2021: $10.6BCSCO FY2022: $11.8BCSCO FY2023: $12.6BCSCO FY2024: $10.3BCSCO FY2025: $10.2BCSCO FY2026: $13.3BTMUS FY2018: $2.9BTMUS FY2019: $3.5BTMUS FY2020: $3.1BTMUS FY2021: $3BTMUS FY2022: $2.6BTMUS FY2023: $8.3BTMUS FY2024: $11.3BTMUS FY2025: $11BFY18FY19FY20FY21FY22FY23FY24FY25FY26
CSCO $13.3BTMUS $11B
Net margin
CSCO FY2019: 22.4%CSCO FY2020: 22.7%CSCO FY2021: 21.3%CSCO FY2022: 22.9%CSCO FY2023: 22.1%CSCO FY2024: 19.2%CSCO FY2025: 18.0%CSCO FY2026: 21.0%TMUS FY2018: 6.7%TMUS FY2019: 7.7%TMUS FY2020: 4.5%TMUS FY2021: 3.8%TMUS FY2022: 3.3%TMUS FY2023: 10.6%TMUS FY2024: 13.9%TMUS FY2025: 12.4%FY18FY19FY20FY21FY22FY23FY24FY25FY26
CSCO 21.0%TMUS 12.4%
Revenue growth
CSCO FY2020: -5.0%CSCO FY2021: +1.0%CSCO FY2022: +3.5%CSCO FY2023: +10.6%CSCO FY2024: -5.6%CSCO FY2025: +5.3%CSCO FY2026: +11.8%TMUS FY2019: +3.9%TMUS FY2020: +52.0%TMUS FY2021: +17.1%TMUS FY2022: -0.7%TMUS FY2023: -1.3%TMUS FY2024: +3.6%TMUS FY2025: +8.5%FY19FY20FY21FY22FY23FY24FY25FY26
CSCO +11.8%TMUS +8.5%
Free cash flow
CSCO FY2019: $14.9BCSCO FY2020: $14.7BCSCO FY2021: $14.8BCSCO FY2022: $12.7BCSCO FY2023: $19BCSCO FY2024: $10.2BCSCO FY2025: $13.3BCSCO FY2026: $12.8BTMUS FY2018: -$1.6BTMUS FY2019: $433MTMUS FY2020: -$2.4BTMUS FY2021: $1.6BTMUS FY2022: $2.8BTMUS FY2023: $8.8BTMUS FY2024: $13.5BTMUS FY2025: $18BFY18FY19FY20FY21FY22FY23FY24FY25FY26
CSCO $12.8BTMUS $18B

Fiscal years as each company reports them; the two may end in different months.

Questions about Cisco Systems and T-Mobile US

Which is bigger by revenue, Cisco Systems or T-Mobile US?

T-Mobile US is bigger by revenue: $88.3B in fiscal 2025, against $63.3B for Cisco Systems in fiscal 2026.

Which keeps more of its revenue as profit, Cisco Systems or T-Mobile US?

Cisco Systems had a net margin of 21.0% in fiscal 2026; T-Mobile US had 12.4% in fiscal 2025.

Which grew revenue faster, Cisco Systems or T-Mobile US?

In their latest fiscal years revenue changed by +11.8% at Cisco Systems and +8.5% at T-Mobile US.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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