Product — Remaining performance obligation

Products & Services · Remaining performance obligation

Cisco Systems, Inc. Product — Remaining performance obligation increased by 0.3% to $21.98B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.1%, from $20.32B to $21.98B. Over 4 years (FY 2021 to FY 2025), Product — Remaining performance obligation shows an upward trend with a 13.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ3 2019
Last reportedQ1 2026

How to read this metric

An increase suggests a growing pipeline of future revenue and strong customer commitment, while a decrease may indicate slowing sales momentum.

Detailed definition

This metric represents the total transaction price allocated to performance obligations that are unsatisfied or partiall...

Peer comparison

Comparable to backlog or deferred revenue metrics reported by companies with significant subscription or multi-year contract models.

Metric ID: csco_segment_product_remaining_performance_obligation

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$11.90B$13.27B$13.38B$13.53B$13.42B$14.09B$14.01B$14.52B$14.68B$15.80B$16.01B$16.25B$18.88B$20.06B$19.88B$20.32B$20.75B$21.57B$21.90B$21.98B
QoQ Change+11.5%+0.9%+1.1%-0.9%+5.0%-0.5%+3.6%+1.1%+7.6%+1.3%+1.5%+16.2%+6.2%-0.9%+2.2%+2.1%+4.0%+1.5%+0.3%
YoY Change+12.7%+6.2%+4.7%+7.3%+9.4%+12.2%+14.3%+11.9%+28.6%+26.9%+24.2%+25.1%+9.9%+7.6%+10.2%+8.1%
Range$11.90B$21.98B
CAGR+13.8%
Avg YoY Growth+13.7%
Median YoY Growth+11.1%
Current Streak5 quarters growth

Frequently Asked Questions

What is Cisco Systems, Inc.'s product — remaining performance obligation?
Cisco Systems, Inc. (CSCO) reported product — remaining performance obligation of $21.98B in Q1 2026.
How has Cisco Systems, Inc.'s product — remaining performance obligation changed year-over-year?
Cisco Systems, Inc.'s product — remaining performance obligation increased by 8.1% year-over-year, from $20.32B to $21.98B.
What is the long-term trend for Cisco Systems, Inc.'s product — remaining performance obligation?
Over 4 years (2021 to 2025), Cisco Systems, Inc.'s product — remaining performance obligation has grown at a 13.9% compound annual growth rate (CAGR), from $50.22B to $84.55B.
What does product — remaining performance obligation mean?
The total value of contracted work that has not yet been delivered or recognized as revenue.

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