What is Cisco Systems, Inc.'s service — contract with customer, liability?

Cisco Systems, Inc. (CSCO) reported service — contract with customer, liability of $15.03B in Q1 2026.

How has Cisco Systems, Inc.'s service — contract with customer, liability changed year-over-year?

Cisco Systems, Inc.'s service — contract with customer, liability increased by 1.8% year-over-year, from $14.76B to $15.03B.

What is the long-term trend for Cisco Systems, Inc.'s service — contract with customer, liability?

Over 4 years (2021 to 2025), Cisco Systems, Inc.'s service — contract with customer, liability has grown at a 4.6% compound annual growth rate (CAGR), from $49.84B to $59.59B.

What does service — contract with customer, liability mean?

The amount of money received from customers for services that have not yet been provided.

Service — Contract with Customer, Liability

Products & Services · Contract with Customer, Liability

Cisco Systems, Inc. Service — Contract with Customer, Liability increased by 2.1% to $15.03B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.8%, from $14.76B to $15.03B. Over 4 years (FY 2021 to FY 2025), Service — Contract with Customer, Liability shows an upward trend with a 4.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment

CategoryLiquidity

SignalHigher is better

VolatilityStable

First reportedQ3 2018

Last reportedQ1 2026

How to read this metric

An increase indicates strong upfront cash collection and a growing base of prepaid service commitments.

Detailed definition

This metric represents the liability for services that have been billed or paid for by customers but have not yet been p...

Peer comparison

Comparable to 'Deferred Revenue' or 'Contract Liabilities' reported on the balance sheet of companies with subscription or service-heavy models.

Metric ID: csco_segment_services_contract_with_customer_liability

Historical Data

20 periods

	Q2 '21	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
Value	$12.19B	$12.75B	$12.39B	$12.55B	$12.46B	$12.84B	$12.62B	$13.25B	$13.37B	$14.05B	$13.97B	$14.13B	$14.62B	$15.26B	$14.56B	$14.76B	$14.82B	$15.29B	$14.72B	$15.03B
QoQ Change	—	+4.6%	-2.8%	+1.3%	-0.7%	+3.0%	-1.7%	+5.0%	+0.9%	+5.1%	-0.5%	+1.2%	+3.5%	+4.4%	-4.6%	+1.4%	+0.4%	+3.2%	-3.7%	+2.1%
YoY Change	—	—	—	—	+2.2%	+0.7%	+1.8%	+5.6%	+7.3%	+9.4%	+10.7%	+6.7%	+9.4%	+8.6%	+4.2%	+4.5%	+1.4%	+0.2%	+1.1%	+1.8%

Range$12.19B – $15.29B

CAGR+4.5%

Avg YoY Growth+4.7%

Median YoY Growth+4.3%

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Frequently Asked Questions

What is Cisco Systems, Inc.'s service — contract with customer, liability?: Cisco Systems, Inc. (CSCO) reported service — contract with customer, liability of $15.03B in Q1 2026.
How has Cisco Systems, Inc.'s service — contract with customer, liability changed year-over-year?: Cisco Systems, Inc.'s service — contract with customer, liability increased by 1.8% year-over-year, from $14.76B to $15.03B.
What is the long-term trend for Cisco Systems, Inc.'s service — contract with customer, liability?: Over 4 years (2021 to 2025), Cisco Systems, Inc.'s service — contract with customer, liability has grown at a 4.6% compound annual growth rate (CAGR), from $49.84B to $59.59B.
What does service — contract with customer, liability mean?: The amount of money received from customers for services that have not yet been provided.