Cisco Systems (CSCO) Research & Development (2009 - 2026)
Cisco Systems' (CSCO) quarterly Research & Development came in at $2.4 billion in Q2 2026, up 1.8% year-on-year from $2.3 billion in Q2 2025, and up 0.93% quarter-over-quarter from $2.4 billion in Q1 2026.
Cisco Systems (CSCO) Research & Development (2009 - 2026) Analysis & Trends
Cisco Systems has disclosed Research & Development across 18 years of filings, most recently posting $2.4 billion for Q2 2026.
- Research & Development for Q2 2026 came in at $2.4 billion, up 1.8% year-over-year; the trailing twelve-month figure through Apr 2026 was $9.5 billion (up 4.54% YoY), and the FY2025 annual result was $9.3 billion, up 16.5% from the prior year.
- Research & Development came in at $2.4 billion for Q2 2026 at Cisco Systems, up from $2.4 billion in the prior quarter.
- In the past five years, Research & Development ranged from a high of $2.4 billion in Q4 2025 to a low of $1.7 billion in Q1 2022.
- The 5-year median for Research & Development is $2.0 billion (2023), against an average of $2.1 billion.
- Across the five-year window, Research & Development retreated 1.81% in 2022 and climbed 19.87% in 2025, its largest moves.
- Cisco Systems' Research & Development stood at $1.8 billion in 2022, then increased by 7.41% to $1.9 billion in 2023, then grew by 19.5% to $2.3 billion in 2024, then increased by 4.99% to $2.4 billion in 2025, then decreased by 0.96% to $2.4 billion in 2026.
- The last three Research & Development figures came in at $2.4 billion (Q2 2026), $2.4 billion (Q1 2026), and $2.4 billion (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 480.96 Bn | 464.32 Bn | 10.08 Bn | 2.38 Bn |
| 2 | Ciena | 69.17 Bn | 67.87 Bn | 625.52 Mn | 221.46 Mn |
| 3 | Motorola Solutions | 68.03 Bn | 67.17 Bn | 1.36 Bn | 252.00 Mn |
| 4 | Hewlett Packard Enterprise | 65.63 Bn | 60.79 Bn | 8.25 Bn | 744.00 Mn |
| 5 | Lumentum Holdings | 61.32 Bn | 58.15 Bn | 357.00 Mn | 90.60 Mn |
| 6 | Ubiquiti | 34.34 Bn | 33.97 Bn | 370.71 Mn | 51.81 Mn |
| 7 | AST SpaceMobile | 27.21 Bn | 27.79 Bn | -69.36 Mn | 7.13 Mn |
| 8 | Applied Optoelectronics | 13.45 Bn | 13.01 Bn | 43.92 Mn | 25.66 Mn |
| 9 | Zebra Technologies | 11.38 Bn | 11.26 Bn | 742.00 Mn | 165.00 Mn |
| 10 | Viavi Solutions | 10.76 Bn | 10.75 Bn | 234.10 Mn | 71.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jul 31, 2021 | 1.71 Bn |