Contract Liabilities
Cisco Systems, Inc. Contract Liabilities decreased by 0.4% to $12.15B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.0%, from $11.91B to $12.15B. Over 5 years (FY 2020 to FY 2025), Contract Liabilities shows an upward trend with a 6.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests strong future revenue visibility and customer demand, while a decrease may indicate faster fulfillment or slowing sales.
Detailed definition
This represents the obligation to transfer goods or services to a customer for which the company has already received co...
Peer comparison
Common in companies with long-term service contracts or subscription-based diagnostic models; peers with high recurring revenue often show higher balances.
contract_liabilitiesHistorical Data
| Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $9.40B | $10.02B | $10.06B | $10.05B | $10.04B | $10.48B | $10.44B | $10.82B | $11.01B | $11.64B | $11.85B | $11.76B | $11.72B | $12.23B | $11.89B | $11.80B | $11.91B | $12.36B | $12.17B | $12.20B | $12.15B |
| QoQ Change | — | +6.6% | +0.4% | -0.1% | -0.0% | +4.3% | -0.4% | +3.6% | +1.8% | +5.7% | +1.8% | -0.7% | -0.3% | +4.3% | -2.8% | -0.8% | +1.0% | +3.8% | -1.6% | +0.3% | -0.4% |
| YoY Change | — | — | — | — | +6.9% | +4.6% | +3.8% | +7.7% | +9.6% | +11.1% | +13.5% | +8.7% | +6.5% | +5.0% | +0.3% | +0.3% | +1.6% | +1.1% | +2.4% | +3.5% | +2.0% |
Product Breakdown
Contract Liabilities at Other Companies
Frequently Asked Questions
- What is Cisco Systems, Inc.'s contract liabilities?
- Cisco Systems, Inc. (CSCO) reported contract liabilities of $12.15B in Q1 2026.
- How has Cisco Systems, Inc.'s contract liabilities changed year-over-year?
- Cisco Systems, Inc.'s contract liabilities increased by 2.0% year-over-year, from $11.91B to $12.15B.
- What is the long-term trend for Cisco Systems, Inc.'s contract liabilities?
- Over 5 years (2020 to 2025), Cisco Systems, Inc.'s contract liabilities has grown at a 6.5% compound annual growth rate (CAGR), from $9.04B to $12.36B.
- What does contract liabilities mean?
- Money received from customers for products or services that have not yet been delivered.