Cost of Revenue

Total Cost of Revenue

Cisco Systems, Inc. Total Cost of Revenue increased by 7.1% to $5.76B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 18.3%, from $4.87B to $5.76B. Over 4 years (FY 2021 to FY 2025), Total Cost of Revenue shows an upward trend with a 2.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionCost of Revenue
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2014
Last reportedQ3 2026May 19, 2026

How to read this metric

An increase relative to revenue suggests rising production costs or margin compression, while a decrease suggests improved operational efficiency.

Detailed definition

Total cost of revenue includes the direct costs attributable to the production of goods or the delivery of services sold...

Peer comparison

Varies by industry; for medical device manufacturers, this includes significant manufacturing and supply chain costs.

Metric ID: total_cost_of_revenue

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$4.62B$4.78B$4.85B$4.67B$4.71B$5.08B$5.29B$5.17B$5.34B$5.46B$5.11B$4.57B$4.43B$4.86B$4.72B$4.88B$4.87B$5.39B$5.14B$5.38B$5.76B
QoQ Change+3.6%+1.4%-3.6%+0.9%+7.7%+4.1%-2.3%+3.4%+2.2%-6.3%-10.5%-3.2%+9.8%-2.9%+3.4%-0.2%+10.7%-4.7%+4.7%+7.1%
YoY Change+2.1%+6.2%+9.1%+10.6%+13.3%+7.4%-3.3%-11.4%-17.0%-10.9%-7.7%+6.7%+10.0%+10.9%+8.9%+10.2%+18.3%
Range$4.43B$5.76B
CAGR+4.5%
Avg YoY Growth+3.7%
Median YoY Growth+7.4%
Current Streak2 quarters growth

Product Breakdown

View all
SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Services$1.22B$1.19B$1.17B$1.18B$1.20B$1.20B$1.17B$1.15B
Product$3.64B$3.53B$3.71B$3.69B
Total$4.86B$4.72B$4.88B$4.87B$5.39B$5.14B$5.38B$5.76B

Business Segments

View all
SegmentQ3 '26
Americas$3.47B
EMEA$1.16B
APJC$752.00M
Total$5.76B

Frequently Asked Questions

What is Cisco Systems, Inc.'s total cost of revenue?
Cisco Systems, Inc. (CSCO) reported total cost of revenue of $5.76B in Q1 2026.
How has Cisco Systems, Inc.'s total cost of revenue changed year-over-year?
Cisco Systems, Inc.'s total cost of revenue increased by 18.3% year-over-year, from $4.87B to $5.76B.
What is the long-term trend for Cisco Systems, Inc.'s total cost of revenue?
Over 4 years (2021 to 2025), Cisco Systems, Inc.'s total cost of revenue has grown at a 2.6% compound annual growth rate (CAGR), from $17.92B to $19.86B.
What does total cost of revenue mean?
The direct costs incurred to produce the goods or services that a company sold during a specific period.