Cisco Systems, Inc. Income Taxes Payable decreased by 91.9% to $173.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 90.8%, from $1.87B to $173.00M. Over 5 years (FY 2020 to FY 2025), Income Taxes Payable shows a downward trend with a -26.8% CAGR.
An increase typically follows higher profitability, while a decrease may reflect tax payments made or lower taxable income.
This reflects the current tax liability owed to government authorities based on taxable income earned to date. It repres...
Global corporations with complex tax structures often show significant fluctuations in this line item based on jurisdictional tax laws.
income_taxes_payable| 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 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $8.25B | $8.54B | $8.55B | $7.63B | $7.69B | $7.73B | $7.84B | $6.61B | $6.73B | $5.76B | $5.79B | $3.39B | $2.87B | $3.99B | $3.37B | $1.76B | $1.87B | $1.86B | $2.17B | $2.12B | $173.00M |
| QoQ Change | — | +3.5% | +0.2% | -10.8% | +0.8% | +0.5% | +1.4% | -15.6% | +1.8% | -14.4% | +0.6% | -41.5% | -15.4% | +38.9% | -15.5% | -47.8% | +6.7% | -0.9% | +17.0% | -2.2% | -91.9% |
| YoY Change | — | — | — | — | -6.8% | -9.5% | -8.4% | -13.4% | -12.5% | -25.5% | -26.1% | -48.7% | -57.3% | -30.8% | -41.8% | -48.2% | -34.7% | -53.4% | -35.5% | +21.0% | -90.8% |