Subscription Revenue, Product — Revenue
Cisco Systems, Inc. Subscription Revenue, Product — Revenue decreased by 0.9% to $4.43B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.1%, from $4.48B to $4.43B. Over 3 years (FY 2022 to FY 2025), Subscription Revenue, Product — Revenue shows an upward trend with a 21.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates successful adoption of the company's recurring revenue strategy and deeper integration of software into the product ecosystem, while a decrease may signal challenges in customer retention or a shift back toward transactional hardware sales.
Detailed definition
This metric represents the portion of total revenue generated from recurring software and service subscriptions tied dir...
Peer comparison
Comparable to 'Software Subscription Revenue' or 'Recurring Product Revenue' reported by other large-scale technology hardware and networking infrastructure providers.
csco_segment_subscription_revenue_product_revenueHistorical Data
| 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 | $2.51B | $2.51B | $2.51B | $2.51B | $2.98B | $2.98B | $2.98B | $2.98B | $3.21B | $3.11B | $3.51B | $4.25B | $4.42B | $4.43B | $4.48B | $4.45B | $4.50B | $4.47B | $4.43B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +19.0% | +0.0% | +0.0% | +0.0% | +7.5% | -3.0% | +12.9% | +21.1% | +4.0% | +0.3% | +1.2% | -0.8% | +1.1% | -0.6% | -0.9% |
| YoY Change | — | — | — | — | +19.0% | +19.0% | +19.0% | +19.0% | +7.5% | +4.3% | +17.7% | +42.5% | +37.8% | +42.5% | +27.7% | +4.7% | +1.8% | +0.9% | -1.1% |
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Frequently Asked Questions
- What is Cisco Systems, Inc.'s subscription revenue, product — revenue?
- Cisco Systems, Inc. (CSCO) reported subscription revenue, product — revenue of $4.43B in Q1 2026.
- How has Cisco Systems, Inc.'s subscription revenue, product — revenue changed year-over-year?
- Cisco Systems, Inc.'s subscription revenue, product — revenue decreased by 1.1% year-over-year, from $4.48B to $4.43B.
- What is the long-term trend for Cisco Systems, Inc.'s subscription revenue, product — revenue?
- Over 3 years (2022 to 2025), Cisco Systems, Inc.'s subscription revenue, product — revenue has grown at a 21.0% compound annual growth rate (CAGR), from $10.03B to $17.78B.
- What does subscription revenue, product — revenue mean?
- Revenue earned from recurring subscriptions for software and services attached to networking products.