Growth Metrics

Cisco Systems (CSCO) Cost of Revenue (2016 - 2026)

Cisco Systems' Cost of Revenue history spans 18 years, with the latest figure at $2.9 billion for Q1 2026.

  • For Q1 2026, Cost of Revenue fell 40.96% year-over-year to $2.9 billion; the TTM value through Jan 2026 reached $9.1 billion, down 12.86%, while the annual FY2025 figure was $11.0 billion, 5.81% up from the prior year.
  • Cost of Revenue for Q1 2026 was $2.9 billion at Cisco Systems, roughly flat from $2.9 billion in the prior quarter.
  • Across five years, Cost of Revenue topped out at $13.9 billion in Q3 2023 and bottomed at -$320.0 million in Q1 2022.
  • The 5-year median for Cost of Revenue is $2.7 billion (2025), against an average of $3.4 billion.
  • The largest annual shift saw Cost of Revenue plummeted 107.66% in 2022 before it skyrocketed 845.0% in 2023.
  • A 5-year view of Cost of Revenue shows it stood at $5.3 billion in 2022, then dropped by 3.31% to $5.1 billion in 2023, then tumbled by 46.16% to $2.8 billion in 2024, then increased by 4.32% to $2.9 billion in 2025, then increased by 0.35% to $2.9 billion in 2026.
  • Per Business Quant, the three most recent readings for CSCO's Cost of Revenue are $2.9 billion (Q1 2026), $2.9 billion (Q4 2025), and $610.0 million (Q3 2025).