Gross Margin by Segment
GROSS MARGIN BY SEGMENT
FY 2024
(in millions, except percentages)
Q1'24 Q2'24 Q3'24 Q3'24 YTD
Gross Margin % Gross Margin % Gross Margin % Gross Margin %
AMERICAS $ 5,968 66.2% $ 4,932 65.7% $ 5,006 67.9% $ 15,906 66.5%
EMEA 2,545 69.5% 2,373 68.1% 2,406 69.6% 7,324 69.1%
APJC 1,328 67.0% 1,226 68.2% 1,262 67.4% 3,816 67.5%
Segment total 9,841 67.1% 8,532 66.7% 8,673 68.3% 27,046 67.3%
Unallocated corporate items (1) (284) (315) (400) (999)
Total $ 9,557 65.2% $ 8,217 64.2% $ 8,273 65.1% $ 26,047 64.9%
(1) Unallocated corporate items, which include the effects of significant litigation settlements and other contingencies, amortization and impairments of acquisition-related intangible assets, and share-based compensation expense, were not allocated to individual segments.
Amounts may not sum and percentages may not recalculate due to rounding.

&9Cisco Systems, Inc.

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Cisco Systems Inc. published this content on 15 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 May 2024 21:24:53 UTC.