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.
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 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
| Date | Value |
|---|---|
| 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 |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "CSCO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=CSCO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();