Cisco to change product revenue categories, starting with FQ1 report
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Tech giant Cisco (NASDAQ:CSCO) on Thursday said it would make changes to its product and service revenue categories, effective FQ1 2024.
The Dow 30 component has so far reported its total revenue under two segments, "product" and "service." The former was comprised of the following categories: Secure, Agile Networks; Internet for the Future; Collaboration; End-to-End Security; and Optimized Application Experiences.

As per the new reporting structure, the product segment will now comprise of the following categories: Networking; Security; Collaboration; Observability; and Services.
Cisco (CSCO) also provided reclassified revenue figures under the new product categories by quarter for fiscal 2021 through fiscal 2023 in a presentation.
Additionally, CSCO said it would report its customer markets in categories of Enterprise, Public Sector and Service Provider & Cloud, effective FQ1 2024.
"Cisco's (CSCO) reportable segments will continue to be based on its geographies which consist of the Americas, EMEA, and APJC," the company said in a statement.


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