Software and Service Agreements — Contract assets, current
Products & Services · Contract assets, currentCisco Systems, Inc. Software and Service Agreements — Contract assets, current remained flat by 0.0% to $1.80B in Q1 2026 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ3 2024
Last reportedQ1 2026
Rolls up toContract Assets
How to read this metric
An increase indicates a healthy pipeline of near-term cash inflows from software and service activities, whereas a decrease could signal shorter contract durations or accelerated billing cycles.
Detailed definition
This metric measures the current portion of contract assets specifically associated with software and service agreements...
Peer comparison
Similar to current contract assets or unbilled accounts receivable found in the balance sheets of technology companies with significant subscription-based revenue models.
Metric ID:
csco_segment_software_and_service_agreements_contract_assets_currentHistorical Data
4 periods
| Q3 '24 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|
| Value | $1.40B | $1.70B | $1.80B | $1.80B |
| QoQ Change | — | +21.4% | +5.9% | +0.0% |
| YoY Change | — | +21.4% | — | — |
Range$1.40B – $1.80B
Avg YoY Growth+21.4%
Median YoY Growth+21.4%
Current Streak3+ quarters growth
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Frequently Asked Questions
- What is Cisco Systems, Inc.'s software and service agreements — contract assets, current?
- Cisco Systems, Inc. (CSCO) reported software and service agreements — contract assets, current of $1.80B in Q1 2026.
- What does software and service agreements — contract assets, current mean?
- The portion of earned but unbilled revenue from software and service contracts expected to be collected within one year.