What is Cisco Systems, Inc.'s change in AR?

Cisco Systems, Inc. (CSCO) reported change in AR of -$133M in Q1 2026.

How has Cisco Systems, Inc.'s change in AR changed year-over-year?

Cisco Systems, Inc.'s change in AR increased by 69.6% year-over-year, from -$437M to -$133M.

What is the long-term trend for Cisco Systems, Inc.'s change in AR?

Over 2 years (2021 to 2025), Cisco Systems, Inc.'s change in AR has grown at a -54.7% compound annual growth rate (CAGR), from $107M to $22M.

What does change in AR mean?

Increase or decrease in amounts owed by customers — the primary working capital driver for many businesses.

Cisco Systems, Inc. CSCO Change in AR

Change in AR at other companies

CienaCIEN

$80.96M—

Logitech InternationalLOGI

$69.09M+150%

NvidiaNVDA

$2.24B+340%

Extreme NetworksEXTR

$10.39M—

FortinetFTNT

-$205.2M+32.5%

Five9FIVN

$5.92M+53.2%

Other financials

Income statement

See full

Revenue$15.8B+12.0%

Gross profit$10.1B+8.6%

Operating income$4.0B+23.7%

Net income$3.4B+35.4%

EPS (diluted)$0.85+37.1%

Balance sheet

See full

Cash & equivalents$7.1B-13.2%

Total debt$33.0B+7.3%

Total equity$48.9B+6.4%

Total assets$125.55B+4.8%

Cash flow

See full

Operating cash flow$3.8B-7.4%

CapEx$414.0M+58.6%

Free cash flow$3.3B-11.9%

Valuation

See full

Market cap$448.42B+66.8%

Enterprise value$474.34B+62.8%

P/E37.5×+10.0×

P/S7.4×+2.5×

Profitability

See full

Gross margin64.3%-0.9pp

Operating margin23.4%+3.1pp

Net margin19.7%+2.1pp

FCF margin19.4%-3.6pp

Returns & leverage

See full

Return on equity25.2%+3.9pp

Debt / equity0.7×0.0×

Current ratio0.9×0.0×

Where this comes from

Reported directly by Cisco Systems, Inc. in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInAccountsReceivable.

The official record: Cisco Systems, Inc.’s 10-Q, filed May 19, 2026, on SEC EDGAR. View the filing →

Ask your AI about Cisco Systems, Inc.'s change in ar.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Cisco Systems, Inc.'s change in AR?: Cisco Systems, Inc. (CSCO) reported change in AR of -$133M in Q1 2026.
How has Cisco Systems, Inc.'s change in AR changed year-over-year?: Cisco Systems, Inc.'s change in AR increased by 69.6% year-over-year, from -$437M to -$133M.
What is the long-term trend for Cisco Systems, Inc.'s change in AR?: Over 2 years (2021 to 2025), Cisco Systems, Inc.'s change in AR has grown at a -54.7% compound annual growth rate (CAGR), from $107M to $22M.
What does change in AR mean?: Increase or decrease in amounts owed by customers — the primary working capital driver for many businesses.