Current Liabilities

Income Taxes Payable

Cisco Systems, Inc. Income Taxes Payable decreased by 91.9% to $173.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 90.8%, from $1.87B to $173.00M. Over 5 years (FY 2020 to FY 2025), Income Taxes Payable shows a downward trend with a -26.8% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ1 2014
Last reportedQ3 2026May 19, 2026

How to read this metric

An increase often reflects higher taxable income, while a decrease may indicate tax payments made or lower taxable earnings.

Detailed definition

This represents the current portion of income tax obligations owed to various government taxing authorities based on tax...

Peer comparison

Common across all profitable corporations, varying based on effective tax rates and jurisdictional tax laws.

Metric ID: income_taxes_payable

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$8.25B$8.54B$8.55B$7.63B$7.69B$7.73B$7.84B$6.61B$6.73B$5.76B$5.79B$3.39B$2.87B$3.99B$3.37B$1.76B$1.87B$1.86B$2.17B$2.12B$173.00M
QoQ Change+3.5%+0.2%-10.8%+0.8%+0.5%+1.4%-15.6%+1.8%-14.4%+0.6%-41.5%-15.4%+38.9%-15.5%-47.8%+6.7%-0.9%+17.0%-2.2%-91.9%
YoY Change-6.8%-9.5%-8.4%-13.4%-12.5%-25.5%-26.1%-48.7%-57.3%-30.8%-41.8%-48.2%-34.7%-53.4%-35.5%+21.0%-90.8%
Range$173.00M$8.55B
CAGR-53.8%
Avg YoY Growth-30.7%
Median YoY Growth-30.8%
Current Streak2 quarters decline

Frequently Asked Questions

What is Cisco Systems, Inc.'s income taxes payable?
Cisco Systems, Inc. (CSCO) reported income taxes payable of $173.00M in Q1 2026.
How has Cisco Systems, Inc.'s income taxes payable changed year-over-year?
Cisco Systems, Inc.'s income taxes payable decreased by 90.8% year-over-year, from $1.87B to $173.00M.
What is the long-term trend for Cisco Systems, Inc.'s income taxes payable?
Over 5 years (2020 to 2025), Cisco Systems, Inc.'s income taxes payable has grown at a -26.8% compound annual growth rate (CAGR), from $8.84B to $1.86B.
What does income taxes payable mean?
The amount of income tax the company owes to government authorities for the current period.