Cisco Systems (CSCO) Operating Expenses (2009 - 2026)

Cisco Systems has disclosed Operating Expenses across 18 years of filings, most recently posting $6.1 billion for Q2 2026.

• Operating Expenses for Q2 2026 came in at $6.1 billion, up 0.72% year-over-year; the trailing twelve-month figure through Apr 2026 was $24.9 billion (changed 0.46% YoY), and the FY2025 annual result was $25.0 billion, up 10.52% from the prior year.
• Operating Expenses came in at $6.1 billion for Q2 2026 at Cisco Systems, down from $6.2 billion in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $6.8 billion in Q4 2024 to a low of $4.5 billion in Q2 2022.
• The 5-year median for Operating Expenses is $5.7 billion (2023), against an average of $5.6 billion.
• Across the five-year window, Operating Expenses rose 28.06% in 2024 and slipped 5.63% in 2025, its largest moves.
• Cisco Systems' Operating Expenses stood at $4.8 billion in 2022, then advanced by 9.88% to $5.3 billion in 2023, then grew by 28.06% to $6.8 billion in 2024, then slipped by 5.63% to $6.4 billion in 2025, then slipped by 4.11% to $6.1 billion in 2026.
• The last three Operating Expenses figures came in at $6.1 billion (Q2 2026), $6.2 billion (Q1 2026), and $6.4 billion (Q4 2025), per Business Quant data.