Cisco Systems (CSCO) Research & Development (2009 - 2026)
Cisco Systems (CSCO) posted Research & Development of $2.4 billion for Q2 2026, up 0.93% sequentially from $2.4 billion in Q1 2026, and down 12.74% YoY from $2.7 billion in Q2 2025.
Cisco Systems (CSCO) Research & Development (2009 - 2026) Analysis & Trends
Cisco Systems has reported Research & Development for 18 years, with the latest figure at $2.4 billion in Q2 2026.
- Quarterly Research & Development fell 12.74% year-over-year to $2.4 billion in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $11.6 billion (up 12.8% YoY) and the FY2025 annual result came in at $11.0 billion, up 37.37% from the prior year.
- Research & Development grew to $2.4 billion in Q2 2026 per CSCO's latest filing, from $2.4 billion in the prior quarter.
- Over five years, Research & Development peaked at $4.0 billion in Q3 2025 and troughed at $1.7 billion in Q1 2022.
- A 5-year average of $2.4 billion and a median of $2.4 billion in 2022 frame the typical range for Research & Development.
- The sharpest annual moves came in 2022 and 2025: Research & Development decreased 26.66% in 2022, then surged 85.68% in 2025.
- Over 5 years, Research & Development stood at $1.8 billion in 2022, then jumped by 40.71% to $2.5 billion in 2023, then climbed by 9.82% to $2.8 billion in 2024, then rose by 4.32% to $2.9 billion in 2025, then declined by 17.21% to $2.4 billion in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $2.4 billion, $2.4 billion, and $2.9 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 440.02 Bn | 423.38 Bn | 10.08 Bn | 2.38 Bn |
| 2 | Hewlett Packard Enterprise | 77.69 Bn | 72.40 Bn | 3.94 Bn | 922.00 Mn |
| 3 | Motorola Solutions | 77.25 Bn | 76.56 Bn | 1.68 Bn | 260.00 Mn |
| 4 | Lumentum Holdings | 66.40 Bn | 63.23 Bn | 357.00 Mn | 90.60 Mn |
| 5 | Nokia | 61.84 Bn | 54.37 Bn | 10.09 Bn | -20.95 Mn |
| 6 | Ciena | 60.71 Bn | 59.51 Bn | 691.55 Mn | 237.91 Mn |
| 7 | Ubiquiti | 34.65 Bn | 34.28 Bn | 370.71 Mn | 51.81 Mn |
| 8 | Ericsson Lm Telephone | 34.62 Bn | 28.92 Bn | 2.58 Bn | -1.12 Bn |
| 9 | AST SpaceMobile | 27.62 Bn | 28.12 Bn | 9.12 Mn | 7.77 Mn |
| 10 | Zebra Technologies | 17.79 Bn | 17.63 Bn | 825.00 Mn | 184.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 25, 2026 | 2.38 Bn |
| Jan 24, 2026 | 2.36 Bn |
| Oct 25, 2025 | 2.87 Bn |
| Jul 26, 2025 | 4.05 Bn |
| Apr 26, 2025 | 2.72 Bn |
| Jan 25, 2025 | 2.67 Bn |
| Oct 26, 2024 | 2.75 Bn |
| Jul 27, 2024 | 2.18 Bn |
| Apr 27, 2024 | 2.56 Bn |
| Jan 27, 2024 | 1.94 Bn |
| Oct 28, 2023 | 2.51 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 | 2.35 Bn |
| Apr 30, 2022 | 2.21 Bn |
| Jan 29, 2022 | 1.67 Bn |
| Oct 30, 2021 | 1.71 Bn |
| Jul 31, 2021 | 1.71 Bn |