What is Cisco Systems, Inc.'s deferred taxes?

Cisco Systems, Inc. (CSCO) reported deferred taxes of -$153M in Q1 2026.

How has Cisco Systems, Inc.'s deferred taxes changed year-over-year?

Cisco Systems, Inc.'s deferred taxes increased by 62.7% year-over-year, from -$410M to -$153M.

What is the long-term trend for Cisco Systems, Inc.'s deferred taxes?

Over 2 years (2022 to 2025), Cisco Systems, Inc.'s deferred taxes has grown at a 91.5% compound annual growth rate (CAGR), from -$309M to -$1.13B.

What does deferred taxes mean?

Non-cash deferred tax expense or benefit representing the change in deferred tax assets/liabilities during the period.

Cisco Systems, Inc. CSCO Deferred Taxes

Deferred Taxes at other companies

CienaCIEN

-$3.52M—

Logitech InternationalLOGI

$23.53M-37.9%

NvidiaNVDA

$1.58B+173%

Extreme NetworksEXTR

$244K—

Palo Alto Networks, Inc.PANW

$24M+119%

Rapid7RPD

-$1.22M—

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$462.96B+69.6%

Enterprise value$488.88B+65.4%

P/E38.7×+10.8×

P/S7.6×+2.7×

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:DeferredIncomeTaxesAndTaxCredits.

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 deferred taxes?: Cisco Systems, Inc. (CSCO) reported deferred taxes of -$153M in Q1 2026.
How has Cisco Systems, Inc.'s deferred taxes changed year-over-year?: Cisco Systems, Inc.'s deferred taxes increased by 62.7% year-over-year, from -$410M to -$153M.
What is the long-term trend for Cisco Systems, Inc.'s deferred taxes?: Over 2 years (2022 to 2025), Cisco Systems, Inc.'s deferred taxes has grown at a 91.5% compound annual growth rate (CAGR), from -$309M to -$1.13B.
What does deferred taxes mean?: Non-cash deferred tax expense or benefit representing the change in deferred tax assets/liabilities during the period.