Cisco Systems Inc. (CSCO) financial statements: income statement, balance sheet and cash flow
Cisco Systems Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Jul 25, 2026 · FY), Cisco Systems Inc. reported revenue of $63.3B (+11.8% year on year) and net income of $13.3B (+30.3% year on year).
Income statement
Cisco Systems Inc. income statement, fiscal years
Line item
Jul 25, 2026 · FY
Jul 26, 2025 · FY
Jul 27, 2024 · FY
Jul 29, 2023 · FY
Total revenue
$63.3B
$56.7B
$53.8B
$57.0B
Total cost of sales
$22.5B
$19.9B
$19.0B
$21.2B
GROSS MARGIN
$40.9B
$36.8B
$34.8B
$35.8B
Research and development
$9.6B
$9.3B
$8.0B
$7.6B
Sales and marketing
$11.6B
$11.0B
$10.4B
$9.9B
General and administrative
$2.8B
$3.0B
$2.8B
$2.5B
Amortization of purchased intangible assets
$916.0M
$1.0B
$698.0M
$282.0M
Restructuring and other charges
$693.0M
$744.0M
$789.0M
$531.0M
Total operating expenses
$25.5B
$25.0B
$22.6B
$20.7B
OPERATING INCOME
$15.4B
$11.8B
$12.2B
$15.0B
Interest income
$866.0M
$1.0B
$1.4B
$962.0M
Interest expense
($1.5B)
($1.6B)
($1.0B)
($427.0M)
Other income (loss), net
$1.2B
($68.0M)
($306.0M)
($248.0M)
Interest and other income (loss), net
$641.0M
($660.0M)
$53.0M
$287.0M
INCOME BEFORE PROVISION FOR INCOME TAXES
$16.0B
$11.1B
$12.2B
$15.3B
Provision for income taxes
$2.7B
$920.0M
$1.9B
$2.7B
NET INCOME
$13.3B
$10.2B
$10.3B
$12.6B
Basic (in dollars per share)
$3.36
$2.56
$2.55
$3.08
Diluted (in dollars per share)
$3.33
$2.55
$2.54
$3.07
Basic (in shares)
4.0B
4.0B
4.0B
4.1B
Diluted (in shares)
4.0B
4.0B
4.1B
4.1B
Cisco Systems Inc. income statement, quarters
Line item
Apr 25, 2026 · Q3
Jan 24, 2026 · Q2
Oct 25, 2025 · Q1
Apr 26, 2025 · Q3
Total revenue
$15.8B
$15.3B
$14.9B
$14.1B
Total cost of sales
$5.8B
$5.4B
$5.1B
$4.9B
GROSS MARGIN
$10.1B
$10.0B
$9.7B
$9.3B
Research and development
$2.4B
$2.4B
$2.4B
$2.3B
Sales and marketing
$2.9B
$2.9B
$2.9B
$2.7B
General and administrative
$661.0M
$688.0M
$733.0M
$739.0M
Amortization of purchased intangible assets
$228.0M
$231.0M
$231.0M
$244.0M
Restructuring and other charges
($1.0M)
$36.0M
$147.0M
$34.0M
Total operating expenses
$6.1B
$6.2B
$6.4B
$6.1B
OPERATING INCOME
$4.0B
$3.8B
$3.4B
$3.2B
Interest income
$214.0M
$210.0M
$222.0M
$250.0M
Interest expense
($377.0M)
($370.0M)
($350.0M)
($403.0M)
Other income (loss), net
$242.0M
$25.0M
$156.0M
($102.0M)
Interest and other income (loss), net
$79.0M
($135.0M)
$28.0M
($255.0M)
INCOME BEFORE PROVISION FOR INCOME TAXES
$4.0B
$3.6B
$3.4B
$2.9B
Provision for income taxes
$666.0M
$471.0M
$531.0M
$456.0M
NET INCOME
$3.4B
$3.2B
$2.9B
$2.5B
Basic (in dollars per share)
$0.85
$0.80
$0.72
$0.63
Diluted (in dollars per share)
$0.85
$0.80
$0.72
$0.62
Basic (in shares)
4.0B
4.0B
4.0B
4.0B
Diluted (in shares)
4.0B
4.0B
4.0B
4.0B
Balance sheet
Cisco Systems Inc. balance sheet, fiscal years
Line item
Jul 25, 2026 · FY
Jul 26, 2025 · FY
Jul 27, 2024 · FY
Jul 29, 2023 · FY
Cash and cash equivalents
$7.2B
$8.3B
$7.5B
$10.1B
Investments
$8.7B
$7.8B
$10.3B
$16.0B
Accounts receivable, net of allowance of $78 at July 25, 2026 and $69 at July 26, 2025
$7.5B
$6.7B
$6.7B
$5.9B
Inventories
$5.7B
$3.2B
$3.4B
$3.6B
Financing receivables, net
$3.4B
$3.1B
$3.3B
$3.4B
Other current assets
$6.2B
$6.0B
$5.6B
$4.4B
Total current assets
$38.7B
$35.0B
$36.9B
$43.3B
Property and equipment, net
$2.8B
$2.1B
$2.1B
$2.1B
Financing receivables, net
$4.9B
$3.5B
$3.4B
$3.5B
Goodwill
$59.5B
$59.1B
$58.7B
$38.5B
Purchased intangible assets, net
$7.6B
$9.2B
$11.2B
$1.8B
Deferred tax assets
$7.1B
$7.4B
$6.3B
$6.6B
Other assets
$9.1B
$6.1B
$5.9B
$6.0B
TOTAL ASSETS
$129.6B
$122.3B
$124.4B
$101.9B
Short-term debt
$10.2B
$5.2B
$11.3B
$1.7B
Accounts payable
$3.4B
$2.5B
$2.3B
$2.3B
Income taxes payable
$190.0M
$1.9B
$1.4B
$4.2B
Accrued compensation
$4.1B
$3.6B
$3.6B
$4.0B
Deferred revenue
$17.0B
$16.4B
$16.2B
$13.9B
Other current liabilities
$6.8B
$5.4B
$5.6B
$5.1B
Total current liabilities
$41.5B
$35.1B
$40.6B
$31.3B
Long-term debt
$19.4B
$22.9B
$19.6B
$6.7B
Income taxes payable
$2.3B
$2.2B
$4.0B
$5.8B
Deferred revenue
$12.8B
$12.4B
$12.2B
$11.6B
Other long-term liabilities
$3.3B
$3.0B
$2.5B
$2.1B
Total liabilities
$79.4B
$75.4B
$79.0B
$57.5B
Preferred stock, $0.001 par value: 5 shares authorized; none issued and outstanding
0
0
0
0
Common stock and additional paid-in capital, $0.001 par value: 20,000 shares authorized; 3,946 and 3,960 shares issued and outstanding at July 25, 2026 and July 26, 2025, respectively
49.7B
47.7B
45.8B
44.3B
Retained earnings
$1.6B
$50.0M
$1.1B
$1.6B
Accumulated other comprehensive loss
($956.0M)
($954.0M)
($1.4B)
($1.6B)
Total equity
$50.3B
$46.8B
$45.5B
$44.4B
TOTAL LIABILITIES AND EQUITY
$129.6B
$122.3B
$124.4B
$101.9B
Cisco Systems Inc. balance sheet, quarters
Line item
Apr 25, 2026
Jan 24, 2026
Oct 25, 2025
Apr 26, 2025
Cash and cash equivalents
$7.1B
$7.5B
$8.4B
$8.2B
Investments
$9.6B
$8.3B
$7.3B
$7.5B
Accounts receivable, net of allowance of $73 at April 25, 2026 and $69 at July 26, 2025
$6.5B
$6.6B
$4.8B
$5.3B
Inventories
$4.7B
$3.9B
$3.4B
$2.8B
Financing receivables, net
$2.9B
$2.9B
$3.1B
$3.0B
Other current assets
$5.8B
$5.9B
$5.8B
$6.1B
Total current assets
$36.6B
$35.1B
$32.9B
$32.8B
Property and equipment, net
$2.6B
$2.4B
$2.2B
$2.1B
Financing receivables, net
$3.6B
$3.7B
$3.7B
$3.2B
Goodwill
$59.3B
$59.2B
$59.1B
$59.0B
Purchased intangible assets, net
$7.8B
$8.3B
$8.7B
$9.6B
Deferred tax assets
$7.6B
$7.4B
$7.3B
$7.0B
Other assets
$8.1B
$7.3B
$7.1B
$6.0B
TOTAL ASSETS
$125.5B
$123.4B
$121.1B
$119.8B
Short-term debt
$11.9B
$8.7B
$6.7B
$6.4B
Accounts payable
$3.0B
$2.8B
$2.4B
$2.3B
Income taxes payable
$173.0M
$195.0M
$2.5B
$1.8B
Accrued compensation
$3.3B
$3.5B
$3.1B
$3.2B
Deferred revenue
$16.4B
$16.2B
$15.8B
$16.1B
Other current liabilities
$4.7B
$5.4B
$5.0B
$4.7B
Total current liabilities
$39.5B
$36.8B
$35.5B
$34.5B
Long-term debt
$19.4B
$21.4B
$21.4B
$22.9B
Income taxes payable
$2.3B
$2.1B
$2.2B
$1.9B
Deferred revenue
$12.2B
$12.2B
$12.2B
$11.9B
Other long-term liabilities
$3.3B
$3.2B
$3.1B
$2.7B
Total liabilities
$76.7B
$75.6B
$74.2B
$73.8B
Preferred stock, $0.001 par value: 5 shares authorized; none issued and outstanding
0
0
0
0
Common stock and additional paid-in capital, $0.001 par value: 20,000 shares authorized; 3,940 and 3,960 shares issued and outstanding at April 25, 2026 and July 26, 2025, respectively
49.0B
48.5B
48.2B
46.9B
Retained earnings
$704.0M
$66.0M
($364.0M)
$152.0M
Accumulated other comprehensive loss
($793.0M)
($836.0M)
($930.0M)
($1.1B)
Total equity
$48.9B
$47.7B
$46.9B
$45.9B
TOTAL LIABILITIES AND EQUITY
$125.5B
$123.4B
$121.1B
$119.8B
Cash flow statement
Cisco Systems Inc. cash flow statement, fiscal years
Line item
Jul 25, 2026 · FY
Jul 26, 2025 · FY
Jul 27, 2024 · FY
Jul 29, 2023 · FY
Net income
$13.3B
$10.2B
$10.3B
$12.6B
Depreciation, amortization, and other
$2.5B
$2.8B
$2.5B
$1.7B
Share-based compensation expense
$3.8B
$3.6B
$3.1B
$2.4B
Provision for receivables
$23.0M
$24.0M
$34.0M
$31.0M
Deferred income taxes
$226.0M
($1.1B)
($972.0M)
($2.1B)
(Gains) losses on divestitures, investments and other, net
($1.4B)
($38.0M)
$215.0M
$206.0M
Accounts receivable
($832.0M)
($22.0M)
($289.0M)
$734.0M
Inventories
($2.5B)
$209.0M
$275.0M
($1.1B)
Financing receivables
($1.8B)
$214.0M
$76.0M
$1.1B
Other assets
($1.0B)
($499.0M)
($671.0M)
$5.0M
Accounts payable
$842.0M
$257.0M
($90.0M)
$27.0M
Income taxes, net
($2.3B)
($1.8B)
($4.5B)
$1.2B
Accrued compensation
$457.0M
($53.0M)
($696.0M)
$651.0M
Deferred revenue
$1.1B
$248.0M
$1.2B
$2.3B
Other liabilities
$1.8B
$193.0M
$416.0M
$48.0M
Net cash provided by operating activities
$14.2B
$14.2B
$10.9B
$19.9B
Purchases of investments
($9.0B)
($4.6B)
($4.2B)
($10.9B)
Proceeds from sales of investments
$2.0B
$2.6B
$4.1B
$1.1B
Proceeds from maturities of investments
$6.1B
$4.9B
$6.4B
$6.0B
Acquisitions, net of cash and cash equivalents acquired and divestitures
($516.0M)
($291.0M)
($26.0B)
($301.0M)
Purchases of non-marketable equity securities
($946.0M)
($383.0M)
($284.0M)
($185.0M)
Return of investments in non-marketable equity securities
$270.0M
$306.0M
$202.0M
$90.0M
Acquisition of property and equipment
($1.4B)
($905.0M)
($670.0M)
($849.0M)
Other
($26.0M)
$9.0M
($5.0M)
($26.0M)
Net cash provided by (used in) investing activities
($3.5B)
$1.7B
($20.5B)
($5.1B)
Issuances of common stock
$805.0M
$736.0M
$714.0M
$700.0M
Repurchases of common stock - repurchase program
($6.1B)
($6.0B)
($5.8B)
($4.3B)
Shares repurchased for tax withholdings on vesting of restricted stock units
-1.9B
-1.2B
-992.0M
-597.0M
Short-term borrowings, original maturities of 90 days or less, net
$616.0M
($31.0M)
$478.0M
($602.0M)
Issuances of debt
$13.0B
$19.3B
$31.8B
$0
Repayments of debt
($12.3B)
($22.1B)
($9.8B)
($500.0M)
Repayments of Splunk convertible debt, net of capped call proceeds
$0
$0
($3.1B)
—
Dividends paid
($6.6B)
($6.4B)
($6.4B)
($6.3B)
Other
($33.0M)
($80.0M)
($37.0M)
($32.0M)
Net cash provided by (used in) financing activities
($12.3B)
($15.8B)
$6.8B
($11.6B)
Effect of foreign currency exchange rate changes on cash, cash equivalents, restricted cash and restricted cash equivalents
($29.0M)
($43.0M)
($31.0M)
($105.0M)
Net increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents
($1.7B)
$68.0M
($2.8B)
$3.0B
Cash, cash equivalents, restricted cash and restricted cash equivalents, beginning of fiscal year
$8.9B
$8.8B
$11.6B
$8.6B
Cash, cash equivalents, restricted cash and restricted cash equivalents, end of fiscal year
$7.2B
$8.9B
$8.8B
$11.6B
Cisco Systems Inc. cash flow statement, quarters
Line item
Apr 25, 2026 · YTD
Jan 24, 2026 · YTD
Oct 25, 2025 · Q1
Apr 26, 2025 · YTD
Net income
$9.4B
$6.0B
$2.9B
$7.6B
Depreciation, amortization, and other
$1.9B
$1.3B
$606.0M
$2.2B
Share-based compensation expense
$2.9B
$2.0B
$1.1B
$2.7B
Provision for receivables
$11.0M
$9.0M
($3.0M)
$17.0M
Deferred income taxes
($217.0M)
($64.0M)
$25.0M
($792.0M)
(Gains) losses on divestitures, investments and other, net
($500.0M)
($237.0M)
($178.0M)
$52.0M
Accounts receivable
$187.0M
$54.0M
$1.9B
$1.4B
Inventories
($1.5B)
($761.0M)
($234.0M)
$541.0M
Financing receivables
($34.0M)
($120.0M)
($312.0M)
$505.0M
Other assets
($602.0M)
($642.0M)
($592.0M)
($516.0M)
Accounts payable
$444.0M
$236.0M
($108.0M)
($10.0M)
Income taxes, net
($2.3B)
($2.5B)
($128.0M)
($2.0B)
Accrued compensation
($332.0M)
($120.0M)
($539.0M)
($431.0M)
Deferred revenue
($141.0M)
($290.0M)
($723.0M)
($524.0M)
Other liabilities
($347.0M)
$183.0M
($374.0M)
($786.0M)
Net cash provided by operating activities
$8.8B
$5.0B
$3.2B
$10.0B
Purchases of investments
($7.4B)
($4.2B)
($2.0B)
($3.1B)
Proceeds from sales of investments
$1.9B
$1.4B
$1.3B
$2.2B
Proceeds from maturities of investments
$3.8B
$2.3B
$1.2B
$4.0B
Acquisitions, net of cash and cash equivalents acquired and divestitures
($46.0M)
($46.0M)
($7.0M)
($291.0M)
Purchases of non-marketable equity securities
($699.0M)
($65.0M)
($18.0M)
($265.0M)
Return of investments in non-marketable equity securities
$223.0M
$55.0M
$19.0M
$108.0M
Acquisition of property and equipment
($1.0B)
($606.0M)
($323.0M)
($688.0M)
Other
($6.0M)
($8.0M)
($22.0M)
($5.0M)
Net cash provided by (used in) investing activities
($3.2B)
($1.1B)
$156.0M
$2.0B
Issuances of common stock
$354.0M
$354.0M
—
$320.0M
Repurchases of common stock—repurchase program
($4.6B)
($3.4B)
($2.0B)
($4.7B)
Shares repurchased for tax withholdings on vesting of restricted stock units
-1.4B
-1.1B
-284.0M
-910.0M
Short-term borrowings, original maturities of 90 days or less, net
$412.0M
$750.0M
$1.3B
($479.0M)
Issuances of debt
$10.6B
$4.2B
$1.6B
$17.4B
Repayments of debt
($7.9B)
($3.0B)
($2.8B)
($18.5B)
Dividends paid
($4.9B)
($3.2B)
($1.6B)
($4.8B)
Other
($32.0M)
$2.0M
($1.0M)
($80.0M)
Net cash used in financing activities
($7.3B)
($5.3B)
($3.9B)
($11.9B)
Effect of foreign currency exchange rate changes on cash, cash equivalents, restricted cash and restricted cash equivalents
($57.0M)
($33.0M)
($14.0M)
($23.0M)
Net increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents
($1.8B)
($1.5B)
($509.0M)
$76.0M
Cash, cash equivalents, restricted cash and restricted cash equivalents, beginning of period
$8.9B
$8.9B
$8.9B
$8.8B
Cash, cash equivalents, restricted cash and restricted cash equivalents, end of period