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Cisco Systems, Inc. CSCO Services — Remaining performance obligation

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Other financials

Income statement

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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

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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

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Operating cash flow$3.8B-7.4%
CapEx$414.0M+58.6%
Free cash flow$3.3B-11.9%

Valuation

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Market cap$444.44B+64.3%
Enterprise value$470.35B+60.5%
P/E37.2×+9.6×
P/S7.3×+2.5×

Profitability

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Gross margin64.3%-0.9pp
Operating margin23.4%+3.1pp
Net margin19.7%+2.1pp
FCF margin19.4%-3.6pp

Returns & leverage

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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:RevenueRemainingPerformanceObligation.

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

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Questions, answered.

What is Cisco Systems, Inc.'s services — remaining performance obligation?
Cisco Systems, Inc. (CSCO) reported services — remaining performance obligation of $21.4B 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 $21.4B.
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 $66.5B to $83.93B.
What does services — remaining performance obligation mean?
This metric represents the total transaction price allocated to performance obligations that are unsatisfied or partially unsatisfied at the end of the reporting period. It provides visibility into future revenue that is under contract but not yet recognized. This is a critical forward-looking indicator of business health and long-term revenue predictability.