What is Cisco Systems, Inc.'s deferred revenue, net of current portion?

Cisco Systems, Inc. (CSCO) reported deferred revenue, net of current portion of $12.15B in Q1 2026.

How has Cisco Systems, Inc.'s deferred revenue, net of current portion changed year-over-year?

Cisco Systems, Inc.'s deferred revenue, net of current portion increased by 2.0% year-over-year, from $11.91B to $12.15B.

What is the long-term trend for Cisco Systems, Inc.'s deferred revenue, net of current portion?

Over 5 years (2020 to 2025), Cisco Systems, Inc.'s deferred revenue, net of current portion has grown at a 6.5% compound annual growth rate (CAGR), from $9.04B to $12.36B.

What does deferred revenue, net of current portion mean?

Revenue received for services to be provided after one year.

Non-Current Liabilities

Deferred revenue, net of current portion

Cisco Systems, Inc. Deferred revenue, net of current portion decreased by 0.4% to $12.15B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.0%, from $11.91B to $12.15B. Over 5 years (FY 2020 to FY 2025), Deferred revenue, net of current portion shows an upward trend with a 6.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement

SectionNon-Current Liabilities

CategoryGrowth

SignalHigher is better

VolatilityModerate

First reportedQ4 2018

Last reportedQ1 2026

How to read this metric

An increase signals strong long-term contract growth and future revenue stability, while a decrease may indicate slowing long-term bookings.

Detailed definition

This represents revenue that has been billed or collected from customers for services to be delivered beyond the next tw...

Peer comparison

Common in SaaS and subscription-based service models; peers in the HCM and payroll space report this to show contract duration.

Metric ID: non_current_liabilities_contract_with_customer_liability_a5d23a

Historical Data

21 periods

	Q1 '21	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	$9.40B	$10.02B	$10.06B	$10.05B	$10.04B	$10.48B	$10.44B	$10.82B	$11.01B	$11.64B	$11.85B	$11.76B	$11.72B	$12.23B	$11.89B	$11.80B	$11.91B	$12.36B	$12.17B	$12.20B	$12.15B
QoQ Change	—	+6.6%	+0.4%	-0.1%	-0.0%	+4.3%	-0.4%	+3.6%	+1.8%	+5.7%	+1.8%	-0.7%	-0.3%	+4.3%	-2.8%	-0.8%	+1.0%	+3.8%	-1.6%	+0.3%	-0.4%
YoY Change	—	—	—	—	+6.9%	+4.6%	+3.8%	+7.7%	+9.6%	+11.1%	+13.5%	+8.7%	+6.5%	+5.0%	+0.3%	+0.3%	+1.6%	+1.1%	+2.4%	+3.5%	+2.0%

Range$9.40B – $12.36B

CAGR+5.3%

Avg YoY Growth+5.2%

Median YoY Growth+4.6%

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Frequently Asked Questions

What is Cisco Systems, Inc.'s deferred revenue, net of current portion?: Cisco Systems, Inc. (CSCO) reported deferred revenue, net of current portion of $12.15B in Q1 2026.
How has Cisco Systems, Inc.'s deferred revenue, net of current portion changed year-over-year?: Cisco Systems, Inc.'s deferred revenue, net of current portion increased by 2.0% year-over-year, from $11.91B to $12.15B.
What is the long-term trend for Cisco Systems, Inc.'s deferred revenue, net of current portion?: Over 5 years (2020 to 2025), Cisco Systems, Inc.'s deferred revenue, net of current portion has grown at a 6.5% compound annual growth rate (CAGR), from $9.04B to $12.36B.
What does deferred revenue, net of current portion mean?: Revenue received for services to be provided after one year.