Income StatementBalance SheetCash FlowSegments
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Cisco Systems, Inc. Cash Flow Statement

Operating, investing, and financing cash movements

Cisco Systems, Inc. generated $13.0B in operating cash flow over the trailing twelve months. After $1.2B in capital expenditures, free cash flow was $11.8B. Free cash flow decreased 0.1% year-over-year. Based on the Q2 2026 filing.

Net Cash From Operating (TTM)$13.0BNet Cash From Investing (TTM)$1.2BNet Cash From Financing (TTM)-$11.3BCapital Expenditures (TTM)$1.2BDepreciation And Amortization Cf (TTM)$2.5BNet Change In Cash (TTM)-$897.0M
Latest FilingQ2 2026
Report Date2026-05-19
Market Cap$474.59B
P/E Ratio39.69
ROE25.23%

Investing

MetricQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Acquisitions, net of cash acquired$40.0M$34.0M$0.0$7.0M$39.0M—
Sales of short-term available-for-sale investments$301.0M$437.0M$415.0M$1.3B$176.0M$439.0M
Capital expenditures$210.0M$261.0M$217.0M$323.0M$283.0M$414.0M
Proceeds from Investments in Privately Held Companies$17.0M$14.0M$198.0M$19.0M$36.0M$168.0M
Return of Investments in Privately Held Companies$17.0M$14.0M$198.0M$19.0M$36.0M$168.0M
Payment for (Proceeds from) Other Investing Activity$4.0M$0.0-$14.0M$22.0M——
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-Sale$1.5B$1.3B$958.0M$1.2B$1.1B$1.5B
Sale of investments$301.0M$437.0M$415.0M$1.3B$176.0M$439.0M
Net cash from investing activities$1.0B$505.0M—$156.0M-$1.3B-$2.1B
Other investing activities$4.0M$0.0-$14.0M$22.0M——
Proceeds from maturities/sales of investments$1.5B$0.0$2.7B$1.2B$1.1B—
Purchases of investments$486.0M$805.0M$1.5B$2.0B$2.2B$3.1B
Purchases of other investments$95.0M$128.0M$118.0M$18.0M$47.0M$634.0M

Operating

MetricQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Bad debt expense$8.0M$10.0M$7.0M-$3.0M$12.0M$2.0M
Change in accounts payable-$90.0M$349.0M$267.0M-$108.0M$344.0M$208.0M
Change in accounts receivable$1.3B-$437.0M$1.4B-$1.9B—-$133.0M
Change in accrued liabilities—-$138.0M—-$539.0M—-$212.0M
Change in deferred revenue——$772.0M-$723.0M——
Change in income taxes payable/receivable-$1.5B——-$128.0M-$2.4B—
Change in inventories-$212.0M-$100.0M—$234.0M$527.0M$788.0M
Change in other assets$237.0M$89.0M$0.0$592.0M$50.0M—
Change in other liabilities$0.0-$810.0M$979.0M-$374.0M$557.0M-$530.0M
Change in Finance Receivables-$157.0M-$175.0M—$312.0M——
Deferred income taxes-$101.0M-$410.0M-$341.0M$25.0M-$89.0M-$153.0M
Depreciation and amortization$761.0M$626.0M$635.0M$606.0M$659.0M$637.0M
Net gains (losses) on investments—-$57.0M$90.0M$178.0M$59.0M$263.0M
Net cash from operating activities$2.2B$4.1B$4.2B$3.2B$1.8B$3.8B
Net income$2.4B$2.5B$2.6B$2.9B$3.2B$3.4B
Gain (Loss) on Investments—-$57.0M$90.0M$178.0M$59.0M$263.0M
Accrued compensation and employee benefits—-$138.0M—-$539.0M—-$212.0M
Increase (Decrease) in Other Operating Assets$237.0M$89.0M$0.0$592.0M$50.0M—
Stock-based compensation$921.0M$945.0M$948.0M$1.1B$934.0M$914.0M

Financing

MetricQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Proceeds from issuance of debt$4.7B$7.0B$1.9B$1.6B$2.7B$6.4B
Repayments of debt$6.6B$7.2B-$18.5B$2.8B$204.0M$4.9B
Dividends paid$1.6B$1.6B$1.6B$1.6B$1.6B$1.7B
Other, net—-$78.0M—-$1.0M$3.0M-$34.0M
Short-term borrowings/(repayments) less than 90 days — net$944.0M-$1.5B—$1.3B——
Repayments of Debt$6.6B$7.2B—$2.8B$204.0M$4.9B
Payment of Deferred Purchase Consideration—-$78.0M—-$1.0M$3.0M-$34.0M
Noncontrolling interest transactions and other—-$78.0M—-$1.0M$3.0M-$34.0M
Net cash from financing activities-$3.9B-$5.1B-$3.9B-$3.9B-$1.4B-$2.0B
Other financing activities—-$78.0M—-$1.0M$3.0M-$34.0M
Net Proceeds from (Repayments of) Other Long-Term Debt$5.5B$5.5B$5.5B———
Noncontrolling Interests Activity and Other—-$78.0M—-$1.0M$3.0M-$34.0M
Proceeds from issuance of common stock——$416.0M———
Repurchases of common stock$1.2B$1.5B$1.3B$2.0B$1.4B$1.3B
Net change in short-term borrowings$944.0M-$1.5B—$1.3B——
Taxes paid for net share settlement$490.0M$255.0M$312.0M$284.0M$784.0M$294.0M

Free Cash Flow

MetricQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Free cash flow$2.0B$3.8B$4.0B$2.9B$1.5B$3.3B

Supplemental

MetricQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Income taxes paid$2.0B$583.0M$627.0M$634.0M$2.9B$659.0M
Interest paid$224.0M$601.0M$130.0M$616.0M$85.0M$604.0M
Income Taxes Paid, Net$2.0B$583.0M$627.0M$634.0M$2.9B$659.0M

Other

MetricQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Net increase (decrease) in cash———-$509.0M-$942.0M-$376.0M
FX Effect on Cash from Discontinued Operations-$18.0M-$15.0M-$20.0M-$14.0M-$19.0M-$24.0M