Cisco Systems, Inc. (CSCO) quarterly cash flow statement — complete operating, investing & financing history
Cisco Systems, Inc. (CSCO) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 |
|---|
| Cash from Operations | 5.39B | 3.76B | 1.82B | 3.21B | 4.23B | 4.06B | 2.24B | 3.66B | 3.73B | 3.97B | 808M | 2.37B | 5.97B | 5.22B | 4.74B | 3.96B | 3.68B | 3.66B | 2.46B | 3.43B |
| Operating CF Margin % | 31.22% | 23.72% | 11.87% | 21.58% | 28.86% | 28.67% | 16.02% | 26.45% | 27.34% | 31.26% | 6.32% | 16.16% | 39.24% | 35.82% | 34.87% | 29.06% | 28.06% | 28.52% | 19.35% | 26.57% |
| Operating CF Growth % | 27.21% | -7.39% | -18.7% | -12.26% | 13.51% | 2.17% | 177.35% | 54.41% | -37.48% | -23.91% | -82.95% | -40.16% | 62.25% | 42.56% | 92.56% | 15.61% | -18.36% | -5.64% | -17.25% | -16.33% |
| Net Income | 3.86B | 2.66B | 3.17B | 2.86B | 2.55B | 2.49B | 2.43B | 2.71B | 2.16B | 1.89B | 2.63B | 3.64B | 3.96B | 3.21B | 2.77B | 2.67B | 2.81B | 3.04B | 2.97B | 2.98B |
| Depreciation & Amortization | 638M | 628M | 659M | 606M | 635M | 626M | 761M | 789M | 823M | 861M | 422M | 401M | 422M | 451M | 438M | 415M | 430M | 478M | 516M | 533M |
| Stock-Based Compensation | 927M | 1.07B | 934M | 1.05B | 948M | 945M | 921M | 827M | 800M | 811M | 802M | 661M | 633M | 623M | 601M | 496M | 479M | 477M | 477M | 453M |
| Deferred Taxes | 443M | 89M | -89M | 25M | -341M | -410M | -101M | -281M | -727M | 571M | -303M | -513M | -742M | -498M | -479M | -366M | -142M | -29M | -40M | -98M |
| Other Non-Cash Items | -3.38B | 743M | -47M | -181M | -83M | 67M | 63M | -61M | 6M | 26M | 124M | 93M | -17M | 139M | -23M | 138M | 23M | -106M | -105M | -210M |
| Working Capital Changes | 2.9B | -1.44B | -2.81B | -1.15B | 525M | 338M | -1.83B | -324M | 666M | -184M | -2.87B | -1.91B | 1.71B | 1.29B | 1.43B | 609M | 72M | -203M | -1.36B | -231M |
| Change in Receivables | -1.02B | -79M | -1.61B | 1.86B | -1.72B | 612M | -1.1B | 2.4B | -1.59B | 470M | -96M | 979M | -760M | 393M | 552M | 1.68B | -1.06B | 174M | -735M | 427M |
| Change in Inventory | -992M | 27M | -527M | -234M | -332M | 100M | 212M | 229M | -255M | 88M | 135M | 307M | -175M | -325M | -461M | -108M | -347M | -177M | -231M | -275M |
| Change in Payables | 398M | 28M | 344M | -108M | 267M | 349M | -90M | -269M | 210M | 176M | -241M | -235M | -129M | 114M | 0 | 42M | -1M | 196M | -157M | -93M |
| Cash from Investing | -264M | -2.07B | -1.31B | 156M | -273M | 505M | 1.02B | 479M | -828M | -22.82B | 2.21B | 952M | -1.22B | -2.59B | -494M | -799M | 869M | 653M | 1.05B | -1.02B |
| Capital Expenditures | -390M | -192M | 323M | -323M | -217M | -261M | -210M | -217M | -198M | -168M | -170M | -134M | -233M | -270M | -170M | -176M | -139M | -106M | -110M | -122M |
| CapEx % of Revenue | 2.26% | 1.21% | 2.1% | 2.17% | 1.48% | 1.84% | 1.5% | 1.57% | 1.45% | 1.32% | 1.33% | 0.91% | 1.53% | 1.85% | 1.25% | 1.29% | 1.06% | 0.83% | 0.86% | 0.95% |
| Acquisitions | -470M | -46M | -39M | -7M | 0 | -34M | -40M | -217M | -120M | -25B | -2M | -876M | -205M | -93M | -3M | 0 | 0 | -12M | -25M | -336M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -20M | -2.3B | -556M | -3M | 14M | 0 | -4M | -1M | -3M | -1M | -2M | 1M | 1M | -5M | 1M | -20M | 85M | -3M | -7M | 1M |
| Cash from Financing | -5.01B | -2.04B | -1.44B | -3.86B | -3.95B | -5.14B | -3.94B | -2.78B | -4.51B | 14.07B | 1.08B | -3.8B | -2.65B | -3.5B | -2.63B | -2.85B | -3.5B | -4B | -4.37B | -3.97B |
| Debt Issued (Net) | -1.78B | -1.71B | 1.97B | -2.49B | -1.18B | -1.67B | -943M | 979M | -1.04B | 17.19B | 3.94B | -750M | 0 | -500M | 0 | -602M | 97M | -2B | 2.01B | -2B |
| Equity Issued (Net) | -1.05B | -1.66B | -725M | -2.28B | -1.15B | -2.42B | -755M | -2.17B | -1.88B | -2.04B | -1.28B | -1.45B | -1.03B | -1.71B | -780M | -664M | -2.13B | -377M | -4.39B | -406M |
| Dividends Paid | -1.66B | -1.57B | -1.62B | -1.62B | -1.63B | -1.63B | -1.59B | -1.59B | -1.61B | -1.61B | -1.58B | -1.58B | -1.59B | -1.59B | -1.56B | -1.56B | -1.57B | -1.55B | -1.54B | -1.56B |
| Share Repurchases | -1.5B | -2.01B | -1.08B | -2.28B | -1.56B | -2.42B | -1.07B | -2.17B | -2.24B | -2.03B | -1.63B | -1.45B | -1.42B | -1.71B | -1.1B | -664M | -2.49B | -377M | -4.7B | -406M |
| Other Financing | -512M | 2.9B | -1.06B | 2.52B | 0 | 577M | -654M | -3M | 15M | 536M | 10M | -17M | -28M | 311M | -286M | -29M | 108M | -68M | -448M | -3M |
| Net Change in Cash | 144M | -376M | -942M | -509M | -8M | -590M | -700M | 1.37B | -1.6B | -4.78B | 4.11B | -522M | 2.08B | -963M | 1.72B | 213M | 120M | 217M | -887M | -1.56B |
| Free Cash Flow | 5B | 3.56B | 2.15B | 2.89B | 4.02B | 3.8B | 2.03B | 3.44B | 3.53B | 3.8B | 638M | 2.24B | 5.73B | 4.95B | 4.57B | 3.79B | 3.54B | 3.56B | 2.35B | 3.31B |
| FCF Margin % | 28.96% | 22.5% | 13.97% | 19.41% | 27.38% | 26.83% | 14.52% | 24.88% | 25.89% | 29.94% | 4.99% | 15.25% | 37.71% | 33.96% | 33.62% | 27.77% | 27% | 27.7% | 18.48% | 25.62% |
| FCF Growth % | 24.37% | -6.09% | 5.61% | -16.11% | 13.73% | -0.18% | 218.34% | 53.96% | -38.39% | -23.16% | -86.04% | -40.91% | 62.04% | 39.21% | 94.34% | 14.55% | -18.52% | -4.13% | -15.64% | -15.8% |
| FCF per Share | 1.25 | 0.89 | 0.54 | 0.72 | 1.01 | 0.95 | 0.51 | 0.86 | 0.88 | 0.94 | 0.16 | 0.55 | 1.40 | 1.20 | 1.11 | 0.92 | 0.86 | 0.85 | 0.56 | 0.78 |
| FCF Conversion (FCF/Net Income) | 1.40x | 1.11x | 0.57x | 1.12x | 1.66x | 1.63x | 0.92x | 1.35x | 1.73x | 2.11x | 0.31x | 0.65x | 1.51x | 1.62x | 1.71x | 1.48x | 1.31x | 1.20x | 0.83x | 1.15x |
| Interest Paid | 116M | -39M | 85M | 616M | 130M | 601M | 224M | 545M | 233M | 147M | 75M | 128M | 70M | 128M | 64M | 114M | 63M | 108M | 60M | 124M |
| Taxes Paid | 593M | -507M | 2.94B | 634M | 627M | 583M | 2.04B | 643M | 276M | 346M | 3.71B | 3.09B | 1.16B | 242M | 1.02B | 1.15B | 703M | 640M | 1.56B | 758M |