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Cisco Systems, Inc. (CSCO) stock

CSCONasdaqComputer Communications EquipmentFiscal year ends July 31
Financials through Q4 FY2026, quarter ended Jul 25, 2026Last filing: 10-K on Sep 2, 2026Score 16/3047% above fair value
$95.64−6.37 (-6.24%)

Close on Nov 13, 2026Market cap $377.07BP/E 28.7Yield 1.74%

Cisco Systems r&d expenses

Research and development expenses are spending on new products and technology.

Cisco Systems's R&D Expenses for the twelve months ending Jul 25, 2026 was $9.56B, up 2.8% year over year. For fiscal 2026 it was $9.56B, up 2.8% from the year before. Over ten years it grew 4.3% a year on average. The highest annual figure on record is $9.56B in fiscal 2026.

Annual r&d expenses

PeriodPeriod endValueChange
FY2026Jul 25, 2026$9.56B+2.8%
FY2025Jul 26, 2025$9.30B+16.5%
FY2024Jul 27, 2024$7.98B+5.7%
FY2023Jul 29, 2023$7.55B+11.5%
FY2022Jul 30, 2022$6.77B+3.4%
FY2021Jul 31, 2021$6.55B+3.2%
FY2020Jul 25, 2020$6.35B-3.5%
FY2019Jul 27, 2019$6.58B+3.9%
FY2018Jul 28, 2018$6.33B+4.5%
FY2017Jul 29, 2017$6.06B-3.8%
FY2016Jul 30, 2016$6.30B+1.4%
FY2015Jul 25, 2015$6.21B-1.4%
FY2014Jul 26, 2014$6.29B+5.9%
FY2013Jul 27, 2013$5.94B+8.3%
FY2012Jul 28, 2012$5.49B-5.8%
FY2011Jul 30, 2011$5.82B–

Quarterly r&d expenses

Change is against the same quarter a year earlier.

Periods
PeriodPeriod endValueChange
Q4 FY2026CQ2 2026Jul 25, 2026$2.43B+2.1%
Q3 FY2026CQ1 2026Apr 25, 2026$2.38B+1.8%
Q2 FY2026CQ4 2025Jan 24, 2026$2.36B+2.4%
Q1 FY2026CQ3 2025Oct 25, 2025$2.40B+5.0%
Q4 FY2025CQ2 2025Jul 26, 2025$2.38B+9.2%
Q3 FY2025CQ1 2025Apr 26, 2025$2.34B+19.9%
Q2 FY2025CQ4 2024Jan 25, 2025$2.30B+18.3%
Q1 FY2025CQ3 2024Oct 26, 2024$2.29B+19.5%
Q4 FY2024CQ2 2024Jul 27, 2024$2.18B+11.6%
Q3 FY2024CQ1 2024Apr 27, 2024$1.95B-0.7%
Q2 FY2024CQ4 2023Jan 27, 2024$1.94B+4.7%
Q1 FY2024CQ3 2023Oct 28, 2023$1.91B+7.4%
Q4 FY2023CQ2 2023Jul 29, 2023$1.95B+16.1%
Q3 FY2023CQ1 2023Apr 29, 2023$1.96B+14.9%
Q2 FY2023CQ4 2022Jan 28, 2023$1.86B+11.1%
Q1 FY2023CQ3 2022Oct 29, 2022$1.78B+3.9%
Q4 FY2022CQ2 2022Jul 30, 2022$1.68B-1.8%
Q3 FY2022CQ1 2022Apr 30, 2022$1.71B+0.6%
Q2 FY2022CQ4 2021Jan 29, 2022$1.67B+9.4%
Q1 FY2022CQ3 2021Oct 30, 2021$1.71B+6.3%
Q4 FY2021CQ2 2021Jul 31, 2021$1.71B+9.5%
Q3 FY2021CQ1 2021May 1, 2021$1.70B+9.8%
Q2 FY2021CQ4 2020Jan 23, 2021$1.53B-2.7%
Q1 FY2021CQ3 2020Oct 24, 2020$1.61B-3.2%
Q4 FY2020CQ2 2020Jul 25, 2020$1.57B-10.7%
Q3 FY2020CQ1 2020Apr 25, 2020$1.55B-6.8%
Q2 FY2020CQ4 2019Jan 25, 2020$1.57B+0.8%
Q1 FY2020CQ3 2019Oct 26, 2019$1.67B+3.6%
Q4 FY2019CQ2 2019Jul 27, 2019$1.75B+7.8%
Q3 FY2019CQ1 2019Apr 27, 2019$1.66B+4.3%
Q2 FY2019CQ4 2018Jan 26, 2019$1.56B+0.5%
Q1 FY2019CQ3 2018Oct 27, 2018$1.61B+2.6%
Q4 FY2018CQ2 2018Jul 28, 2018$1.63B+8.5%
Q3 FY2018CQ1 2018Apr 28, 2018$1.59B+5.5%
Q2 FY2018CQ4 2017Jan 27, 2018$1.55B+2.7%
Q1 FY2018CQ3 2017Oct 28, 2017$1.57B+1.4%
Q4 FY2017CQ2 2017Jul 29, 2017$1.50B–
Q3 FY2017CQ1 2017Apr 29, 2017$1.51B–
Q2 FY2017CQ4 2016Jan 28, 2017$1.51B–
Q1 FY2017CQ3 2016Oct 29, 2016$1.55B–

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