Cisco Systems, Inc. Accounts Receivable decreased by 1.9% to $6.48B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 22.8%, from $5.28B to $6.48B. Over 5 years (FY 2020 to FY 2025), Accounts Receivable shows an upward trend with a 4.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase relative to revenue may signal slower collections or aggressive credit terms, while a decrease suggests efficient cash conversion.
This represents the balance of money owed to the company by customers for goods or services delivered on credit, adjuste...
Standard metric for B2B companies; peers in hardware manufacturing typically monitor this closely to manage working capital cycles.
accounts_receivable_net| 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 | $4.43B | $5.77B | $5.31B | $6.00B | $5.78B | $6.62B | $5.44B | $5.24B | $5.10B | $5.85B | $4.83B | $4.88B | $5.13B | $6.69B | $4.46B | $5.67B | $5.28B | $6.70B | $4.83B | $6.61B | $6.48B |
| QoQ Change | — | +30.3% | -8.0% | +13.1% | -3.7% | +14.5% | -17.9% | -3.7% | -2.5% | +14.7% | -17.4% | +1.1% | +5.0% | +30.4% | -33.3% | +27.2% | -6.9% | +27.0% | -28.0% | +36.9% | -1.9% |
| YoY Change | — | — | — | — | +30.7% | +14.8% | +2.5% | -12.8% | -11.7% | -11.6% | -11.1% | -6.7% | +0.5% | +14.2% | -7.8% | +16.1% | +2.9% | +0.2% | +8.3% | +16.5% | +22.8% |
| Segment | Q4 '25 |
|---|---|
| Software and Service Agreements | $3.20B |
| Total | $6.70B |