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

Cisco Systems, Inc. (CSCO) reported services — contract with customer, liability of $15.14B in Q1 2026.

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

Cisco Systems, Inc.'s services — contract with customer, liability increased by 2.1% year-over-year, from $14.82B to $15.14B.

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

Over 4 years (2021 to 2025), Cisco Systems, Inc.'s services — contract with customer, liability has grown at a 4.5% compound annual growth rate (CAGR), from $49.79B to $59.43B.

What does services — contract with customer, liability mean?

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

Products & Services · Contract with Customer, Liability

Services — Contract with Customer, Liability

Cisco Systems, Inc. Services — Contract with Customer, Liability increased by 0.7% to $15.14B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.1%, from $14.82B to $15.14B. Over 4 years (FY 2021 to FY 2025), Services — Contract with Customer, Liability shows an upward trend with a 4.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment

CategoryLiquidity

SignalHigher is better

VolatilityStable

First reportedQ4 2018

Last reportedQ3 2026May 19, 2026

Rolls up toContract Liabilities

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

21 periods

	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	$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	$15.14B
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%	+0.7%
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%	+2.1%

Range$12.19B – $15.29B

CAGR+4.4%

Avg YoY Growth+4.6%

Median YoY Growth+4.2%

Current Streak2 quarters growth

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Frequently Asked Questions

What is Cisco Systems, Inc.'s services — contract with customer, liability?: Cisco Systems, Inc. (CSCO) reported services — contract with customer, liability of $15.14B in Q1 2026.
How has Cisco Systems, Inc.'s services — contract with customer, liability changed year-over-year?: Cisco Systems, Inc.'s services — contract with customer, liability increased by 2.1% year-over-year, from $14.82B to $15.14B.
What is the long-term trend for Cisco Systems, Inc.'s services — contract with customer, liability?: Over 4 years (2021 to 2025), Cisco Systems, Inc.'s services — contract with customer, liability has grown at a 4.5% compound annual growth rate (CAGR), from $49.79B to $59.43B.
What does services — contract with customer, liability mean?: The amount of money received from customers for services that have not yet been provided.