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Cisco Systems (CSCO) Operating Expenses (2016 - 2026)

Cisco Systems' Operating Expenses history spans 18 years, with the latest figure at $6.2 billion for Q1 2026.

  • On a quarterly basis, Operating Expenses rose 3.22% to $6.2 billion in Q1 2026 year-over-year; TTM through Jan 2026 was $24.8 billion, a 0.66% decrease, with the full-year FY2025 number at $25.0 billion, up 10.52% from a year prior.
  • Operating Expenses hit $6.2 billion in Q1 2026 for Cisco Systems, down from $6.4 billion in the prior quarter.
  • Over the last five years, Operating Expenses for CSCO hit a ceiling of $6.8 billion in Q4 2024 and a floor of $4.5 billion in Q2 2022.
  • Historically, Operating Expenses has averaged $5.6 billion across 5 years, with a median of $5.5 billion in 2023.
  • Biggest five-year swings in Operating Expenses: increased 28.06% in 2024 and later decreased 5.63% in 2025.
  • Tracing CSCO's Operating Expenses over 5 years: stood at $4.8 billion in 2022, then rose by 9.88% to $5.3 billion in 2023, then increased by 28.06% to $6.8 billion in 2024, then dropped by 5.63% to $6.4 billion in 2025, then dropped by 2.99% to $6.2 billion in 2026.
  • Business Quant data shows Operating Expenses for CSCO at $6.2 billion in Q1 2026, $6.4 billion in Q4 2025, and $6.2 billion in Q3 2025.