Current Liabilities

Deferred Revenue

Cisco Systems, Inc. Deferred Revenue increased by 1.5% to $16.45B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.3%, from $16.08B to $16.45B. Over 5 years (FY 2020 to FY 2025), Deferred Revenue shows an upward trend with a 7.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2015
Last reportedQ3 2026May 19, 2026

How to read this metric

An increase is generally positive, signaling strong future demand and cash collection, while a decrease indicates the fulfillment of obligations.

Detailed definition

This represents payments received from customers for goods or services that have not yet been delivered or performed. It...

Peer comparison

Common in subscription and long-term contract businesses; highly indicative of future revenue visibility.

Metric ID: deferred_revenue_current

Historical Data

21 periods
 Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Value$11.49B$12.15B$12.02B$12.27B$12.25B$12.78B$12.58B$13.11B$13.25B$13.91B$13.81B$14.01B$15.75B$16.25B$15.62B$16.00B$16.08B$16.42B$15.80B$16.20B$16.45B
QoQ Change+5.7%-1.1%+2.1%-0.2%+4.4%-1.6%+4.2%+1.1%+5.0%-0.7%+1.4%+12.4%+3.2%-3.9%+2.5%+0.5%+2.1%-3.7%+2.5%+1.5%
YoY Change+6.6%+5.2%+4.7%+6.9%+8.2%+8.8%+9.8%+6.9%+18.9%+16.8%+13.1%+14.2%+2.1%+1.0%+1.2%+1.3%+2.3%
Range$11.49B$16.45B
CAGR+7.4%
Avg YoY Growth+7.5%
Median YoY Growth+6.9%
Current Streak2 quarters growth

Product Breakdown

View all
SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Services$20.99B$20.11B$20.95B$20.92B$21.96B$20.97B$21.43B$21.40B
Product$21.57B
Total$16.25B$15.62B$16.00B$16.08B$16.42B$15.80B$16.20B$16.45B

Frequently Asked Questions

What is Cisco Systems, Inc.'s deferred revenue?
Cisco Systems, Inc. (CSCO) reported deferred revenue of $16.45B in Q1 2026.
How has Cisco Systems, Inc.'s deferred revenue changed year-over-year?
Cisco Systems, Inc.'s deferred revenue increased by 2.3% year-over-year, from $16.08B to $16.45B.
What is the long-term trend for Cisco Systems, Inc.'s deferred revenue?
Over 5 years (2020 to 2025), Cisco Systems, Inc.'s deferred revenue has grown at a 7.6% compound annual growth rate (CAGR), from $11.41B to $16.42B.
What does deferred revenue mean?
Cash received from customers for work that has not yet been completed.