Software And Service Agreements — Contract assets, net of allowances
Products & Services · Contract assets, net of allowancesCisco Systems, Inc. Software And Service Agreements — Contract assets, net of allowances remained flat by 0.0% to $3.40B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 17.2%, from $2.90B to $3.40B. Over 4 years (FY 2021 to FY 2025), Software And Service Agreements — Contract assets, net of allowances shows an upward trend with a 23.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests strong growth in long-term service or software contracts where revenue is recognized ahead of billing milestones, while a decrease may indicate a shift in billing cycles or slowing contract growth.
Detailed definition
This metric represents the net value of contract assets arising from software and service agreements after accounting fo...
Peer comparison
Comparable to unbilled receivables or contract assets reported by other large-scale enterprise software and SaaS providers.
csco_segment_software_and_service_agreements_contract_assets_net_of_allowancesHistorical Data
| 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 | $1.30B | $1.40B | $1.40B | $1.40B | $1.30B | $1.30B | $1.30B | $1.40B | $1.40B | $1.60B | $1.70B | $1.80B | $2.60B | $2.70B | $2.90B | $2.90B | $3.00B | $3.20B | $3.40B | $3.40B |
| QoQ Change | — | +7.7% | +0.0% | +0.0% | -7.1% | +0.0% | +0.0% | +7.7% | +0.0% | +14.3% | +6.3% | +5.9% | +44.4% | +3.8% | +7.4% | +0.0% | +3.4% | +6.7% | +6.3% | +0.0% |
| YoY Change | — | — | — | — | +0.0% | -7.1% | -7.1% | +0.0% | +7.7% | +23.1% | +30.8% | +28.6% | +85.7% | +68.8% | +70.6% | +61.1% | +15.4% | +18.5% | +17.2% | +17.2% |
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Frequently Asked Questions
- What is Cisco Systems, Inc.'s software and service agreements — contract assets, net of allowances?
- Cisco Systems, Inc. (CSCO) reported software and service agreements — contract assets, net of allowances of $3.40B in Q1 2026.
- How has Cisco Systems, Inc.'s software and service agreements — contract assets, net of allowances changed year-over-year?
- Cisco Systems, Inc.'s software and service agreements — contract assets, net of allowances increased by 17.2% year-over-year, from $2.90B to $3.40B.
- What is the long-term trend for Cisco Systems, Inc.'s software and service agreements — contract assets, net of allowances?
- Over 4 years (2021 to 2025), Cisco Systems, Inc.'s software and service agreements — contract assets, net of allowances has grown at a 23.3% compound annual growth rate (CAGR), from $5.40B to $12.50B.
- What does software and service agreements — contract assets, net of allowances mean?
- The total value of earned but unbilled revenue from software and service contracts, adjusted for potential non-payment.