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CISCO SYSTEMS, INC. — fact timeline

Source-grounded facts extracted from CISCO SYSTEMS, INC.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

CSCO CISCO SYSTEMS, INC. JSON
Earnings Releases

CISCO SYSTEMS, INC. reported its fiscal third quarter 2026 ended April 25, 2026 results: revenue $15.8 billion, net income $3.4 billion or $0.85 per share, EPS $0.85. Guidance raised.

“sambadri@cisco.com CISCO REPORTS THIRD QUARTER EARNINGS News Summary: • Double-digit top and bottom-line growth exceeding the high end of our guidance ◦ Record revenue of $15.8 billion, up 12% year over year; GAAP EPS of $0.85, up 37% year over year; and non-GAAP EPS of $1.06, up 10% year over year ◦ GAAP gross margin of 63.6% and non-GAAP gross margin of”
Restructurings & Charges

CISCO SYSTEMS, INC. announced a restructuring with charges of up to $1 billion.

“Cisco currently estimates that it will recognize pre-tax charges to its GAAP financial results of up to $1 billion consisting of severance and other one-time termination benefits, and other costs.”

Nichlas A. Fink was appointed as Senior Vice President and Chief Accounting Officer at CISCO SYSTEMS, INC..

“On April 27 , 2026, the Board of Directors of Cisco appointed Nichlas A. Fink to succeed Ms. Wong as Senior Vice President and Chief Accounting Officer of Cisco effective May 20, 2026.”

M. Victoria Wong departed as Senior Vice President and Chief Accounting Officer at CISCO SYSTEMS, INC..

“On April 27, 2026, M. Victoria Wong notified Cisco Systems, Inc. ("Cisco") of her decision to retire as Senior Vice President and Chief Accounting Officer of Cisco effective May 19, 2026.”
Governance Changes

CISCO SYSTEMS, INC.: Board amended Bylaws to implement a cure process for deficiencies in director nomination notices and incorporate ministerial clarifications (effective 2025-08-21).

“On August 21, 2025, the Board of Directors of Cisco Systems, Inc. (“Cisco”) amended Cisco’s Amended and Restated Bylaws (as amended, the “Amended and Restated Bylaws”), which became immediately effective.”

Jeetu Patel was appointed as President and Chief Product Officer at CISCO SYSTEMS, INC..

“On May 10, 2025, Cisco also appointed Jeetu Patel as President and Chief Product Officer effective May 14, 2025.”

Mark Patterson was appointed as Executive Vice President and Chief Financial Officer at CISCO SYSTEMS, INC..

“On May 10, 2025, Cisco appointed Mark Patterson to succeed Mr. Herren as Executive Vice President and Chief Financial Officer of Cisco effective July 27, 2025.”

Scott Herren retired as Executive Vice President and Chief Financial Officer at CISCO SYSTEMS, INC..

“Scott Herren notified Cisco Systems, Inc. (“Cisco”) of his decision to retire as Executive Vice President and Chief Financial Officer of Cisco effective July 26, 2025.”

Kevin Weil was appointed as Director at CISCO SYSTEMS, INC..

“On May 12, 2025, the Board of Directors of Cisco Systems, Inc. ("Cisco") appointed Kevin Weil, Chief Product Officer of OpenAI, as a member of the Board effective May 12, 2025.”

Gary Steele resigned as President, Go-to-Market at CISCO SYSTEMS, INC..

“On February 27, 2025, Cisco and Gary Steele, President, Go-to-Market of Cisco, agreed to change the effective date of his previously announced resignation from Cisco to May 12, 2025.”

Gary Steele resigned as President, Go-to-Market at CISCO SYSTEMS, INC..

“On February 10, 2025, Gary Steele, President, Go-to-Market of Cisco Systems, Inc. (“Cisco”), notified Cisco of his decision to resign from Cisco, effective April 25, 2025, for an external CEO opportunity.”

Ekta Singh-Bushell departed as Director at CISCO SYSTEMS, INC..

“On October 7, 2024, Ekta Singh-Bushell notified Cisco Systems, Inc. (“Cisco”) of her decision not to stand for re-election at Cisco’s 2024 annual meeting of stockholders (the “2024 Annual Meeting”).”
Restructurings & Charges

CISCO SYSTEMS, INC. announced a restructuring with charges of up to $1 billion (approximately 7 percent of Cisco’s global workforce).

“On August 14, 2024, Cisco announced a restructuring plan to allow it to invest in key growth opportunities and drive more efficiencies in its business. This restructuring plan is expected to impact approximately 7 percent of Cisco’s global workforce. Cisco currently estimates that it will recognize pre-tax charges to its GAAP financial results of up to $1 billion consisting of severance and other one-time termination benefits, and other costs.”

Jeff Sharritts was terminated as Executive Vice President and Chief Customer and Partner Officer at CISCO SYSTEMS, INC..

“On July 15, 2024, Jeff Sharritts, former Executive Vice President and Chief Customer and Partner Officer of Cisco Systems, Inc. (“Cisco”), entered into a Separation Agreement and General Release (the “Separation Agreement”) in connection with his termination of employment as an executive advisor effective July 15, 2024.”

Ekta Singh-Bushell was appointed as member of the Board at CISCO SYSTEMS, INC..

“On June 12, 2024, the Board of Directors (the “Board”) of Cisco Systems, Inc. ("Cisco") appointed Ekta Singh-Bushell, former Deputy to the First Vice President, Chief Operating Officer, Executive Office at the Federal Reserve Bank of New York, as a member of the Board effective June 14, 2024.”
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.

“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.”

Jeff Sharritts departed as Executive Vice President and Chief Customer and Partner Officer at CISCO SYSTEMS, INC..

“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.”

Gary Steele was appointed as President, Go-to-Market at CISCO SYSTEMS, INC..

“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.”
M&A Transactions

CISCO SYSTEMS, INC. completed an acquisition involving Splunk Inc. for $157.00 in cash, subject to applicable withholding taxes (closed 2024-03-18).

“properly exercised appraisal rights in accordance with Section 262 of the General Corporation Law of the State of Delaware) automatically converted into the right to receive $157.00 in cash, subject to applicable withholding taxes (the “ Merger Consideration ”). The aggregate equity value of the Splunk Common Stock acquired by the Company was approximately”
Debt Financings

CISCO SYSTEMS, INC. incurred senior notes of $1,000,000,000 principal amount of its 4.900% Senior Notes due 2026, $2,000,000,000 principal amount of its 4.800% Senio with The Bank of New York Mellon Trust Company, N.A. at 4.900% per annum, 4.800% per annum, 4.850% per annum, 4.950% per annum, 5.050% p maturing February 26, 2026, February 26, 2027, February 26, 2029, February 26, 2031, February 26, 2034, February 26, 2054 and February 26, 2064.

“On February 26, 2024, Cisco Systems, Inc. (the “Company”) issued $1,000,000,000 principal amount of its 4.900% Senior Notes due 2026 (the “2026 Notes”), $2,000,000,000 principal amount of its 4.800% Senior Notes due 2027 (the “2027 Notes”), $2,500,000,000 principal amount of its 4.850% Senior Notes due 2029 (the “2029 Notes”), $2,500,000,000 principal amount of its 4.950% Senior Notes due 2031 (the “2031 Notes”), $2,500,000,000 principal amount of its 5.050% Senior Notes due 2034 (the “2034 Notes”), $2,000,000,000 principal amount of its 5.300% Senior Notes due 2054 (the “2054 Notes”) and $1,000,000,000 principal amount of its 5.350% Senior Notes due 2064 (the “2064 Notes””
Material Agreements

CISCO SYSTEMS, INC. entered into First Supplemental Indenture with The Bank of New York Mellon Trust Company, N.A. (effective 2024-02-26).

“as supplemented by the First Supplemental Indenture, dated as of February 26, 2024 (the “First Supplemental Indenture” and, together with the Base Indenture, the “Indenture”), between the Company and the Trustee.”
Material Agreements

CISCO SYSTEMS, INC. entered into Underwriting Agreement with BofA Securities, Inc., Barclays Capital Inc., Citigroup Global Markets Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC and Wells Fargo Securities, LLC (effective 2024-02-21).

“The Notes were sold pursuant to an underwriting agreement, dated February 21, 2024 (the “Underwriting Agreement”), among the Company and BofA Securities, Inc., Barclays Capital Inc., Citigroup Global Markets Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC and Wells Fargo Securities, LLC on behalf of the several underwriters named therein.”
Material Agreements

CISCO SYSTEMS, INC. entered into Base Indenture with The Bank of New York Mellon Trust Company, N.A. valued at $13,500,000,000 (effective 2024-02-26).

“On February 26, 2024, Cisco Systems, Inc. (the “Company”) issued $1,000,000,000 principal amount of its 4.900% Senior Notes due 2026”
Earnings Releases

CISCO SYSTEMS, INC. reported its fiscal second quarter 2024 ended January 27, 2024 results: revenue $12.8 billion, net income $2.6 billion, EPS $0.65.

“Contact: Robyn Blum Sami Badri Cisco Cisco 1 (408) 930-8548 1 (469) 420-4834 rojenkin@cisco.com sambadri@cisco.com CISCO REPORTS SECOND QUARTER EARNINGS News Summary: • $12.8 billion in revenue, down 6% year over year; GAAP EPS $0.65, down 3% year over year, and Non-GAAP EPS $0.87, down 1% year over year • Revenue growth in security, collaboration and”
Restructurings & Charges

CISCO SYSTEMS, INC. announced a restructuring with charges of approximately $800 million (approximately 5 percent of Cisco’s global workforce).

“On February 14, 2024, Cisco announced a restructuring plan in order to realign the organization and enable further investment in key priority areas. This restructuring plan will impact approximately 5 percent of Cisco’s global workforce. Cisco currently estimates that it will recognize pre-tax charges to its GAAP financial results of approximately $800 million consisting of severance and other one-time termination benefits and other costs.”
Debt Financings

CISCO SYSTEMS, INC. incurred revolving credit of $5.0 billion with Bank of America, N.A. at margin based on Cisco's senior debt credit ratings plus Term SOFR, Base Rate, EU maturing five year.

““Lenders”) and Bank of America, N.A. (“Bank of America”), as administrative agent, swing line lender and a letter of credit issuer. The Credit Agreement provides for a five year $5.0 billion unsecured revolving credit facility (the “Facility”), which includes a $250 million sublimit for the issuance of standby letters of credit, a $250 million sublimit for swingline”
Material Agreements

CISCO SYSTEMS, INC. amended Third Amended and Restated Credit Agreement with certain lenders party thereto and Bank of America, N.A., as administrative agent, swing line lender and a letter of credit issuer valued at $5.0 billion (effective 2024-02-02).

“On February 2, 2024, Cisco Systems, Inc. ("Cisco") entered into the Third Amended and Restated Credit Agreement (the "Credit Agreement") by and among Cisco, certain lenders party thereto (the "Lenders") and Bank of America, N.A. ("Bank of America"), as administrative agent, swing line lender and a letter of credit issuer. The Credit Agreement provides for a five year $5.0 billion unsecured revolving credit facility”
Shareholder Votes

CISCO SYSTEMS, INC. shareholders rejected Stockholder proposal to have Cisco's Board issue a tax transparency report in consideration of the Global Reporting Initiative's Tax Standard.

“Proposal 6: A stockholder proposal to have Cisco’s Board issue a tax transparency report in consideration of the Global Reporting Initiative’s Tax Standard: For Against Abstained Broker Non-Votes 680,344,069 2,023,446,198 148,877,580 452,387,082”
Shareholder Votes

CISCO SYSTEMS, INC. shareholders approved Ratify the appointment of PricewaterhouseCoopers LLP as Cisco's independent registered public accounting firm for the fiscal year ending July 27, 2024 at the 2024-07-27 meeting.

“Proposal 5: To ratify the appointment of PricewaterhouseCoopers LLP as Cisco’s independent registered public accounting firm for the fiscal year ending July 27, 2024: For Against Abstained Broker Non-Votes 3,101,299,574 194,104,732 9,650,623 0”
Shareholder Votes

CISCO SYSTEMS, INC. shareholders approved Determine, on a non-binding advisory basis, the frequency of holding future votes regarding executive compensation.

“Proposal 4: To determine, on a non-binding advisory basis, the frequency of holding future votes regarding executive compensation: 1 Year 2 Years 3 Years Abstained Broker Non-Votes 2,799,940,790 4,917,383 36,413,747 11,395,927 452,387,082”
Shareholder Votes

CISCO SYSTEMS, INC. shareholders approved Approve, on an advisory basis, executive compensation.

“Proposal 3: To approve, on an advisory basis, executive compensation: For Against Abstained Broker Non-Votes 2,123,293,848 709,240,188 20,133,811 452,387,082”
Shareholder Votes

CISCO SYSTEMS, INC. shareholders approved Approve the amendment and restatement of the Cisco 2005 Stock Incentive Plan.

“Proposal 2: To approve the amendment and restatement of the Cisco 2005 Stock Incentive Plan: For Against Abstained Broker Non-Votes 2,678,976,678 155,326,172 18,364,997 452,387,082”
Shareholder Votes

CISCO SYSTEMS, INC. shareholders approved Election of nine members of Cisco's Board.

“Proposal 1: To elect nine members of Cisco’s Board: Nominee For Against Abstained Broker Non-Votes Wesley G. Bush 2,767,447,290 74,809,137 10,411,420 452,387,082 Michael D. Capellas 2,599,433,811 242,756,373 10,477,663 452,387,082 Mark Garrett 2,730,381,457 111,796,139 10,490,251 452,387,082 John D. Harris II 2,758,475,281 83,607,252 10,585,314 452,387,082 Dr. Kristina M. Johnson 2,685,395,636 157,182,348 10,089,863 452,387,082 Sarah Rae Murphy 2,821,114,401 21,379,886 10,173,560 452,387,082 Charles H. Robbins 2,604,156,158 226,179,566 22,332,123 452,387,082 Daniel H. Schulman 2,825,102,141 17,093,487 10,472,219 452,387,082 Marianna Tessel 2,829,782,522 12,804,280 10,081,045 452,387,082”
Earnings Releases

CISCO SYSTEMS, INC. reported the fiscal first quarter 2024 ended October 28, 2023 results: revenue $14.7 billion, net income $3.6 billion, EPS $0.89.

“Cisco reported first quarter revenue of $14.7 billion, net income on a generally accepted accounting principles (GAAP) basis of $3.6 billion or $0.89 per share”

Daniel H. Schulman was appointed as Director at CISCO SYSTEMS, INC..

“On October 5, 2023, the Board of Directors (the “Board”) of Cisco appointed Daniel H. Schulman, former President and Chief Executive Officer of PayPal Holdings, Inc., as a member of the Board effective October 10, 2023.”

Dr. Lisa T. Su departed as Director at CISCO SYSTEMS, INC..

“On October 4, 2023, M. Michele Burns, Roderick C. McGeary, and Dr. Lisa T. Su each notified Cisco Systems, Inc. ("Cisco") of their respective decision not to stand for re-election at Cisco's 2023 annual meeting of stockholders (the "2023 Annual Meeting").”

Roderick C. McGeary departed as Director at CISCO SYSTEMS, INC..

“On October 4, 2023, M. Michele Burns, Roderick C. McGeary, and Dr. Lisa T. Su each notified Cisco Systems, Inc. ("Cisco") of their respective decision not to stand for re-election at Cisco's 2023 annual meeting of stockholders (the "2023 Annual Meeting").”

M. Michele Burns departed as Director at CISCO SYSTEMS, INC..

“On October 4, 2023, M. Michele Burns, Roderick C. McGeary, and Dr. Lisa T. Su each notified Cisco Systems, Inc. ("Cisco") of their respective decision not to stand for re-election at Cisco's 2023 annual meeting of stockholders (the "2023 Annual Meeting").”
Earnings Releases

CISCO SYSTEMS, INC. reported its fiscal fourth quarter and fiscal year 2023 ended July 29, 2023 results: revenue $15.2 billion, net income $4.0 billion, EPS $0.97. Guidance initiated.

“1 (408) 527-7452 rojenkin@cisco.com marilmor@cisco.com CISCO REPORTS FOURTH QUARTER AND FISCAL YEAR 2023 EARNINGS News Summary : • Cisco ended fiscal 2023 with Q4 revenue at $15.2 billion, up 16% year over year; GAAP EPS $0.97, up 43% year over year, and Non-GAAP EPS $1.14, up 37% year over year • Q4 FY 2023 operating cash flow of $6.0 billion, up 62% year over”

M. Victoria Wong was appointed as Senior Vice President and Chief Accounting Officer at CISCO SYSTEMS, INC..

“On July 18, 2023, the Board of Directors of Cisco Systems, Inc. (“Cisco”) appointed M. Victoria Wong, 56, as Senior Vice President and Chief Accounting Officer of Cisco effective July 30, 2023.”
Earnings Releases

CISCO SYSTEMS, INC. reported fiscal third quarter 2023 ended April 29, 2023 results: revenue $14.6 billion, net income $3.2 billion, EPS GAAP: $0.78; Non-GAAP: $1.00. Guidance raised.

“Cisco today reported third quarter results for the period ended April 29, 2023. Cisco reported third quarter revenue of $14.6 billion, net income on a generally accepted accounting principles (GAAP) basis of $3.2 billion or $0.78 per share, and non-GAAP net income of $4.1 billion or $1.00 per share.”
Governance Changes

CISCO SYSTEMS, INC.: Amended and restated bylaws to update provisions for stockholder meetings, advance notice requirements, Universal Proxy Rules compliance, and make technical corrections (effective 2023-03-09).

“Among other things, the amendments: • revise certain provisions relating to adjournment procedures and lists of stockholders entitled to vote at stockholder meetings, in each case, to conform to recent amendments to the Delaware General Corporation Law (“DGCL”); • revise the procedures and disclosure requirements set forth in the advance notice bylaw provisions, including (i) requiring additional information, representations and disclosures from proposing stockholders, proposed nominees and other persons related to a stockholder’s solicitation of proxies; and (ii) restricting the number of nominees a stockholder may nominate for election at a meeting to the number of directors to be elected at such meeting; • address matters relating to Rule 14a-19 promulgated under the Securities Exchange Act of 1934, as amended (the “Universal Proxy Rules”), including (i) providing that stockholders delivering a notice of nomination certify to Cisco in writing that they have complied with the Univers”

Brenton L. Saunders resigned as Director at CISCO SYSTEMS, INC..

“On February 21, 2023, in connection with the announcement of his appointment as Chair and Chief Executive Officer of Bausch + Lomb Corporation, Brenton L. Saunders notified Cisco Systems, Inc. (“Cisco”) of his decision to resign from Cisco’s Board of Directors effective February 21, 2023.”
Earnings Releases

CISCO SYSTEMS, INC. reported fiscal second quarter 2023 ended January 28, 2023 results: revenue $13.6 billion, net income $2.8 billion, EPS $0.67. Guidance raised.

“Contact: Robyn Blum Marilyn Mora Cisco Cisco 1 (408) 930-8548 1 (408) 527-7452 rojenkin@cisco.com marilmor@cisco.com CISCO REPORTS SECOND QUARTER EARNINGS News Summary: • $13.6 billion in revenue, up 7% year over year; GAAP EPS $0.67, down 6% year over year, and Non-GAAP EPS $0.88, up 5% year over year • Continued progress on business model transformation: •”
Shareholder Votes

CISCO SYSTEMS, INC. shareholders rejected A stockholder proposal to have Cisco's Board issue a tax transparency report in consideration of the Global Reporting Initiative's Tax Standard at the 2022-12-08 meeting.

“Proposal 4: A stockholder proposal to have Cisco's Board issue a tax transparency report in consideration of the Global Reporting Initiative's Tax Standard: For Against Abstained Broker Non-Votes 781,754,210 2,120,268,096 31,263,008 462,490,228”
Shareholder Votes

CISCO SYSTEMS, INC. shareholders approved To ratify the appointment of PricewaterhouseCoopers LLP as Cisco’s independent registered public accounting firm for the fiscal year ending July 29, 2023 at the 2022-12-08 meeting.

“Proposal 3: To ratify the appointment of PricewaterhouseCoopers LLP as Cisco’s independent registered public accounting firm for the fiscal year ending July 29, 2023: For Against Abstained Broker Non-Votes 3,189,096,396 201,971,522 4,707,624 0”
Shareholder Votes

CISCO SYSTEMS, INC. shareholders approved To approve, on an advisory basis, executive compensation at the 2022-12-08 meeting.

“Proposal 2: To approve, on an advisory basis, executive compensation: For Against Abstained Broker Non-Votes 2,618,066,213 297,184,738 18,034,363 462,490,228”
Shareholder Votes

CISCO SYSTEMS, INC. shareholders approved To elect twelve members of Cisco’s Board of Directors at the 2022-12-08 meeting.

“Proposal 1: To elect twelve members of Cisco’s Board of Directors (the “Board”): Nominee For Against Abstained Broker Non-Votes M. Michele Burns 2,754,792,098 173,772,012 4,721,204 462,490,228 Wesley G. Bush 2,918,750,954 9,618,920 4,915,440 462,490,228 Michael D. Capellas 2,558,003,275 370,348,388 4,933,651 462,490,228 Mark Garrett 2,844,652,525 83,715,763 4,917,026 462,490,228 John D. Harris II 2,918,916,357 9,406,264 4,962,693 462,490,228 Dr. Kristina M. Johnson 2,910,991,054 17,820,837 4,473,423 462,490,228 Roderick C. McGeary 2,694,238,748 233,961,224 5,085,342 462,490,228 Sarah Rae Murphy 2,920,258,710 8,524,771 4,501,833 462,490,228 Charles H. Robbins 2,676,109,952 243,988,743 13,186,619 462,490,228 Brenton L. Saunders 2,542,999,737 385,310,971 4,974,606 462,490,228 Dr. Lisa T. Su 2,915,439,260 13,579,254 4,266,800 462,490,228 Marianna Tessel 2,921,208,401 7,600,871 4,476,042 462,490,228”
Earnings Releases

CISCO SYSTEMS, INC. reported FY2023 results: revenue 4.5% to 6.5% growth year over year, EPS $2.63 to $2.76. Guidance raised.

“Cisco expects to achieve the following results for fiscal 2023: FY 2023 Revenue 4.5% - 6.5% growth Y/Y Non-GAAP EPS $3.51 - $3.58 Cisco estimates that GAAP EPS will be $2.63 to $2.76 for fiscal 2023.”
Earnings Releases

CISCO SYSTEMS, INC. reported Q2 FY2023 results: revenue 4.5% to 6.5% growth year over year, EPS $0.59 to $0.64. Guidance initiated.

“Cisco expects to achieve the following results for the second quarter of fiscal 2023: Q2 FY 2023 Revenue 4.5% - 6.5% growth Y/Y Non-GAAP gross margin rate 63% - 64% Non-GAAP operating margin rate 31.5% - 32.5% Non-GAAP EPS $0.84 - $0.86 Cisco estimates that GAAP EPS will be $0.59 to $0.64 for the second quarter of fiscal 2023.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.