Cisco Systems CSCO
NASDAQ CSCO
$106.70 -0.27 (-0.25%)
At close: Sep 25, 2026 · 4:00 PM EDT

Cisco Systems (CSCO) Research & Development (2009 - 2026)

Cisco Systems' (CSCO) quarterly Research & Development came in at $3.0 billion in Q3 2026, up 4.76% year-over-year from $2.8 billion in Q3 2025, and up 3.4% quarter-over-quarter from $2.9 billion in Q2 2026.

Analysis

Cisco Systems (CSCO) Research & Development (2009 - 2026) Analysis & Trends

Cisco Systems has disclosed Research & Development across 18 years of filings, most recently posting $3.0 billion for Q3 2026.

  • In Q3 2026, Research & Development rose 4.76% year-over-year to $3.0 billion; the TTM figure through Jul 2026 stood at $11.6 billion (up 5.41% YoY), while the FY2026 annual figure was $11.6 billion, up 5.41% from the prior year.
  • Research & Development came in at $3.0 billion for Q3 2026 at Cisco Systems, up from $2.9 billion in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $3.0 billion in Q3 2026 to a low of $2.2 billion in Q2 2022.
  • Average Research & Development over 5 years is $2.6 billion, with a median of $2.6 billion recorded in 2023.
  • Year-over-year, Research & Development dropped 4.66% in 2022 and advanced 14.35% in 2023.
  • Over 5 years, Research & Development stood at $2.4 billion in 2022, then rose by 4.81% to $2.5 billion in 2023, then gained by 9.82% to $2.8 billion in 2024, then grew by 4.32% to $2.9 billion in 2025, then rose by 2.82% to $3.0 billion in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $3.0 billion in Q3 2026, $2.9 billion in Q2 2026, and $2.9 billion in Q1 2026.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Apple 4,923.51 Bn 4,861.11 Bn 54.77 Bn 11.73 Bn
2 Cisco Systems 419.97 Bn 404.45 Bn 11.06 Bn 2.95 Bn
3 Dell Technologies 351.63 Bn 340.06 Bn 9.83 Bn 1.11 Bn
4 Sandisk 265.22 Bn 260.46 Bn 7.58 Bn 348.00 Mn
5 Arista Networks 256.62 Bn 243.27 Bn 1.91 Bn 348.20 Mn
6 Seagate Technology Holdings 209.52 Bn 207.82 Bn 1.90 Bn 188.00 Mn
7 Western Digital 171.00 Bn 169.42 Bn 2.03 Bn 284.00 Mn
8 Sony 142.68 Bn 123.26 Bn 6.53 Bn -
9 Lumentum Holdings 83.02 Bn 80.28 Bn 477.30 Mn 104.40 Mn
10 Hewlett Packard Enterprise 82.82 Bn 76.61 Bn 4.93 Bn 1.16 Bn
Historic Data

Historic Data

Download Data
DateValue
Jul 25, 2026 2.43 Bn
Apr 25, 2026 2.38 Bn
Jan 24, 2026 2.36 Bn
Oct 25, 2025 2.40 Bn
Jul 26, 2025 2.38 Bn
Apr 26, 2025 2.34 Bn
Jan 25, 2025 2.30 Bn
Oct 26, 2024 2.29 Bn
Jul 27, 2024 2.18 Bn
Apr 27, 2024 1.95 Bn
Jan 27, 2024 1.94 Bn
Oct 28, 2023 1.91 Bn
Jul 29, 2023 1.95 Bn
Apr 29, 2023 1.96 Bn
Jan 28, 2023 1.86 Bn
Oct 29, 2022 1.78 Bn
Jul 30, 2022 1.68 Bn
Apr 30, 2022 1.71 Bn
Jan 29, 2022 1.67 Bn
Oct 30, 2021 1.71 Bn
API Access

Cisco Systems Research & Development API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=research-and-development&ticker=CSCO&period=max&api_key=YOUR_API_KEY