Products & Services · Remaining performance obligation

Services — Remaining performance obligation

Cisco Systems, Inc. Services — Remaining performance obligation decreased by 0.1% to $21.40B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.3%, from $20.92B to $21.40B. Over 4 years (FY 2021 to FY 2025), Services — Remaining performance obligation shows an upward trend with a 6.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2019
Last reportedQ3 2026May 19, 2026
Rolls up toDeferred Revenue

How to read this metric

An increase suggests a strong sales pipeline and higher future revenue visibility.

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 SaaS and enterprise technology companies.

Metric ID: csco_segment_services_remaining_performance_obligation

Historical Data

21 periods
 Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Value$16.24B$17.62B$16.75B$16.99B$16.79B$17.45B$16.90B$17.26B$17.40B$19.07B$18.74B$19.41B$19.90B$20.99B$20.11B$20.95B$20.92B$21.96B$20.97B$21.43B$21.40B
QoQ Change+8.5%-4.9%+1.4%-1.2%+3.9%-3.2%+2.1%+0.8%+9.6%-1.7%+3.5%+2.5%+5.5%-4.2%+4.2%-0.2%+5.0%-4.5%+2.2%-0.1%
YoY Change+3.4%-1.0%+0.9%+1.6%+3.6%+9.3%+10.9%+12.5%+14.3%+10.1%+7.3%+7.9%+5.1%+4.6%+4.3%+2.3%+2.3%
Range$16.24B$21.96B
CAGR+5.7%
Avg YoY Growth+5.9%
Median YoY Growth+4.6%

Frequently Asked Questions

What is Cisco Systems, Inc.'s services — remaining performance obligation?
Cisco Systems, Inc. (CSCO) reported services — remaining performance obligation of $21.40B in Q1 2026.
How has Cisco Systems, Inc.'s services — remaining performance obligation changed year-over-year?
Cisco Systems, Inc.'s services — remaining performance obligation increased by 2.3% year-over-year, from $20.92B to $21.40B.
What is the long-term trend for Cisco Systems, Inc.'s services — remaining performance obligation?
Over 4 years (2021 to 2025), Cisco Systems, Inc.'s services — remaining performance obligation has grown at a 6.0% compound annual growth rate (CAGR), from $66.50B to $83.93B.
What does services — remaining performance obligation mean?
The total value of contracted services that the company is obligated to provide to customers in the future.