---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-139371"
form_type: "8-K"
ticker: "CSCO"
cik: "0000858877"
company_name: "CISCO SYSTEMS, INC."
filed_at: "2024-05-15T23:59:59+00:00"
generated_at: "2026-06-01T23:55:56.882291+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Cisco Q3 revenue $12.7B (-13% YoY); GAAP EPS $0.46, non-GAAP $0.88; names Gary Steele President of Go-to-Market

## Summary
- Revenue $12.7B, down 13% YoY; GAAP EPS $0.46 (-41%), non-GAAP EPS $0.88 (-12%).
- Splunk contributed $413M revenue; total ARR $29.2B (+22%).
- Q4 FY24 guidance: revenue $13.4-13.6B, non-GAAP EPS $0.84-0.86.
- Gary Steele (ex-Splunk CEO) named President of Go-to-Market; Jeff Sharritts to depart.
- Quarterly dividend $0.40/share, payable July 24, 2024.

## SEC filing metadata
- accession: 0001193125-24-139371
- form_type: 8-K
- ticker: CSCO
- cik: 0000858877
- company_name: CISCO SYSTEMS, INC.
- filed_at: 2024-05-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/858877/000119312524139371/0001193125-24-139371-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/858877/000119312524139371/d826117d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-139371
- JSON: https://secwatch.observer/filing/0001193125-24-139371.json
- Plain text: https://secwatch.observer/filing/0001193125-24-139371.txt

## Key facts
- Earnings Releases
  CISCO SYSTEMS, INC. reported its fiscal third quarter 2024 ended April 27, 2024 results: revenue $12.7 billion, net income $1.9 billion, EPS $0.46.
  - Period: its fiscal third quarter 2024 ended April 27, 2024
  - Revenue: $12.7 billion
  - Net income: $1.9 billion
  - EPS: $0.46
  - Result: reported results
  source text: Cisco reported third quarter revenue of $12.7 billion, net income on a generally accepted accounting principles (GAAP) basis of $1.9 billion or $0.46 per share, and non-GAAP net income of $3.6 billion or $0.88 per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/858877/000119312524139371/0001193125-24-139371-index.htm
- Executive change
  Jeff Sharritts departed as Executive Vice President and Chief Customer and Partner Officer at CISCO SYSTEMS, INC..
  - Action: departed
  - Role: Executive Vice President and Chief Customer and Partner Officer
  source text: Jeff Sharritts, Cisco’s Executive Vice President and Chief Customer and Partner Officer, was informed that he would no longer remain in his role as Cisco’s Executive Vice President and Chief Customer and Partner Officer, effective May 15, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/858877/000119312524139371/0001193125-24-139371-index.htm
- Executive change
  Gary Steele was appointed as President, Go-to-Market at CISCO SYSTEMS, INC..
  - Action: appointed
  - Role: President, Go-to-Market
  source text: Effective May 15, 2024, as part of organizational changes with respect to Cisco’s executive leadership team, Cisco appointed Gary Steele as President, Go-to-Market.
  evidence_url: https://www.sec.gov/Archives/edgar/data/858877/000119312524139371/0001193125-24-139371-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.