Cisco Systems annual free cash flow
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
Cisco Systems Free Cash Flow (FCF) History (CSCO)
Cisco Systems reported $12.77B in free cash flow for fiscal 2026, a decrease of 3.92% from the previous fiscal year, with a free cash flow margin of 20.16%.
View full Cisco Systems company overviewCisco Systems free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2026 | 2026-07-25 | $12.77B | −$521.0M | −3.92% | +20.16% |
| 2025 | 2025-07-26 | $13.29B | $3.08B | +30.15% | +23.45% |
| 2024 | 2024-07-27 | $10.21B | −$8.83B | −46.37% | +18.98% |
| 2023 | 2023-07-29 | $19.04B | $6.29B | +49.32% | +33.40% |
| 2022 | 2022-07-30 | $12.75B | −$2.01B | −13.64% | +24.73% |
| 2021 | 2021-07-31 | $14.76B | $106.0M | +0.72% | +29.63% |
| 2020 | 2020-07-25 | $14.66B | −$266.0M | −1.78% | +29.73% |
| 2019 | 2019-07-27 | $14.92B | $2.09B | +16.29% | +28.75% |
| 2018 | 2018-07-28 | $12.83B | −$80.0M | −0.62% | +26.01% |
| 2017 | 2017-07-29 | $12.91B | $488.0M | +3.93% | +26.90% |
| 2016 | 2016-07-30 | $12.42B | $1.10B | +9.70% | +25.23% |
| 2015 | 2015-07-25 | $11.32B | $268.0M | +2.42% | +23.04% |
| 2014 | 2014-07-26 | $11.06B | −$677.0M | −5.77% | +23.45% |
| 2013 | 2013-07-27 | $11.73B | $1.37B | +13.21% | +24.14% |
| 2012 | 2012-07-28 | $10.37B | $1.46B | +16.40% | +22.50% |
| 2011 | 2011-07-30 | $8.90B | −$260.0M | −2.84% | +20.60% |
| 2010 | 2010-07-31 | $9.16B | $273.0M | +3.07% | +22.89% |
| 2009 | 2009-07-25 | $8.89B | −$1.93B | −17.83% | +24.62% |
| 2008 | 2008-07-26 | $10.82B | — | — | +27.37% |
Cisco Systems quarterly free cash flow
Q1.09
Q2.09
Q3.09
Q4.09
Q1.10
Q2.10
Q3.10
Q4.10
Q1.11
Q2.11
Q3.11
Q4.11
Q1.12
Q2.12
Q3.12
Q4.12
Q1.13
Q2.13
Q3.13
Q4.13
Q1.14
Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
Q3.26
Q4.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q4 2026 | 2026-07-25 | $5.00B | $979.0M | +24.37% | +28.96% |
| Q3 2026 | 2026-04-25 | $3.34B | −$453.0M | −11.93% | +21.10% |
| Q2 2026 | 2026-01-24 | $1.54B | −$492.0M | −24.22% | +10.03% |
| Q1 2026 | 2025-10-25 | $2.89B | −$555.0M | −16.11% | +19.41% |
| Q4 2025 | 2025-07-26 | $4.02B | $485.0M | +13.73% | +27.38% |
| Q3 2025 | 2025-04-26 | $3.80B | −$7.0M | −0.18% | +26.83% |
| Q2 2025 | 2025-01-25 | $2.03B | $1.39B | +218.34% | +14.52% |
| Q1 2025 | 2024-10-26 | $3.44B | $1.21B | +53.96% | +24.88% |
| Q4 2024 | 2024-07-27 | $3.53B | −$2.20B | −38.39% | +25.89% |
| Q3 2024 | 2024-04-27 | $3.80B | −$1.15B | −23.16% | +29.94% |
| Q2 2024 | 2024-01-27 | $638.0M | −$3.93B | −86.04% | +4.99% |
| Q1 2024 | 2023-10-28 | $2.24B | −$1.55B | −40.91% | +15.25% |
| Q4 2023 | 2023-07-29 | $5.73B | $2.19B | +62.04% | +37.71% |
| Q3 2023 | 2023-04-29 | $4.95B | $1.39B | +39.21% | +33.96% |
| Q2 2023 | 2023-01-28 | $4.57B | $2.22B | +94.34% | +33.62% |
| Q1 2023 | 2022-10-29 | $3.79B | $481.0M | +14.55% | +27.77% |
| Q4 2022 | 2022-07-30 | $3.54B | −$804.0M | −18.52% | +27.00% |
| Q3 2022 | 2022-04-30 | $3.56B | −$153.0M | −4.13% | +27.70% |
| Q2 2022 | 2022-01-29 | $2.35B | −$436.0M | −15.64% | +18.48% |
| Q1 2022 | 2021-10-30 | $3.31B | −$620.0M | −15.80% | +25.62% |
| Q4 2021 | 2021-07-31 | $4.34B | $748.0M | +20.81% | +33.08% |
| Q3 2021 | 2021-05-01 | $3.71B | −$358.0M | −8.80% | +28.96% |
| Q2 2021 | 2021-01-23 | $2.79B | −$824.0M | −22.82% | +23.30% |
| Q1 2021 | 2020-10-24 | $3.92B | $540.0M | +15.95% | +32.90% |
| Q4 2020 | 2020-07-25 | $3.59B | −$140.0M | −3.75% | +29.57% |
| Q3 2020 | 2020-04-25 | $4.07B | −$35.0M | −0.85% | +33.93% |
| Q2 2020 | 2020-01-25 | $3.61B | $75.0M | +2.12% | +30.08% |
| Q1 2020 | 2019-10-26 | $3.38B | −$166.0M | −4.67% | +25.72% |
| Q4 2019 | 2019-07-27 | $3.73B | −$152.0M | −3.91% | +27.81% |
| Q3 2019 | 2019-04-27 | $4.10B | $1.93B | +88.55% | +31.65% |
| Q2 2019 | 2019-01-26 | $3.54B | −$323.0M | −8.37% | +28.41% |
| Q1 2019 | 2018-10-27 | $3.55B | $639.0M | +21.94% | +27.16% |
| Q4 2018 | 2018-07-28 | $3.89B | $93.0M | +2.45% | +30.26% |
| Q3 2018 | 2018-04-28 | $2.17B | −$968.0M | −30.80% | +17.45% |
| Q2 2018 | 2018-01-27 | $3.86B | $338.0M | +9.60% | +32.46% |
| Q1 2018 | 2017-10-28 | $2.91B | $457.0M | +18.62% | +23.99% |
| Q4 2017 | 2017-07-29 | $3.79B | $241.0M | +6.78% | +31.26% |
| Q3 2017 | 2017-04-29 | $3.14B | $383.0M | +13.88% | +26.32% |
| Q2 2017 | 2017-01-28 | $3.52B | −$87.0M | −2.41% | +30.41% |
| Q1 2017 | 2016-10-29 | $2.46B | −$49.0M | −1.96% | +19.88% |
| Q4 2016 | 2016-07-30 | $3.55B | −$266.0M | −6.97% | +28.11% |
| Q3 2016 | 2016-04-30 | $2.76B | $77.0M | +2.87% | +23.00% |
| Q2 2016 | 2016-01-23 | $3.61B | $990.0M | +37.82% | +30.25% |
| Q1 2016 | 2015-10-24 | $2.50B | $298.0M | +13.51% | +19.74% |
| Q4 2015 | 2015-07-25 | $3.82B | $531.0M | +16.15% | +29.73% |
| Q3 2015 | 2015-04-25 | $2.68B | −$142.0M | −5.03% | +22.11% |
| Q2 2015 | 2015-01-24 | $2.62B | $7.0M | +0.27% | +21.93% |
| Q1 2015 | 2014-10-25 | $2.21B | −$128.0M | −5.48% | +18.02% |
| Q4 2014 | 2014-07-26 | $3.29B | −$382.0M | −10.41% | +26.60% |
| Q3 2014 | 2014-04-26 | $2.83B | $22.0M | +0.78% | +24.47% |
| Q2 2014 | 2014-01-25 | $2.61B | −$451.0M | −14.73% | +23.41% |
| Q1 2014 | 2013-10-26 | $2.33B | $134.0M | +6.09% | +19.31% |
| Q4 2013 | 2013-07-27 | $3.67B | $877.0M | +31.41% | +29.55% |
| Q3 2013 | 2013-04-27 | $2.80B | $115.0M | +4.28% | +22.95% |
| Q2 2013 | 2013-01-26 | $3.06B | $245.0M | +8.70% | +25.31% |
| Q1 2013 | 2012-10-27 | $2.20B | $132.0M | +6.38% | +18.52% |
| Q4 2012 | 2012-07-28 | $2.79B | $212.0M | +8.22% | +23.88% |
| Q3 2012 | 2012-04-28 | $2.69B | −$13.0M | −0.48% | +23.20% |
| Q2 2012 | 2012-01-28 | $2.82B | $534.0M | +23.39% | +24.44% |
| Q1 2012 | 2011-10-29 | $2.07B | $727.0M | +54.21% | +18.37% |
| Q4 2011 | 2011-07-30 | $2.58B | −$343.0M | −11.73% | +23.05% |
| Q3 2011 | 2011-04-30 | $2.70B | $25.0M | +0.93% | +24.86% |
| Q2 2011 | 2011-01-29 | $2.28B | $45.0M | +2.01% | +21.94% |
| Q1 2011 | 2010-10-30 | $1.34B | $13.0M | +0.98% | +12.47% |
| Q4 2010 | 2010-07-31 | $2.92B | $1.15B | +64.77% | +26.97% |
| Q3 2010 | 2010-05-01 | $2.68B | $889.0M | +49.75% | +25.81% |
| Q2 2010 | 2010-01-23 | $2.24B | −$736.0M | −24.75% | +22.80% |
| Q1 2010 | 2009-10-24 | $1.33B | −$1.03B | −43.66% | +14.72% |
| Q4 2009 | 2009-07-25 | $1.77B | — | — | +20.79% |
| Q3 2009 | 2009-04-25 | $1.79B | — | — | +21.89% |
| Q2 2009 | 2009-01-24 | $2.97B | — | — | +32.72% |
| Q1 2009 | 2008-10-25 | $2.36B | — | — | +22.81% |
Cisco Systems free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from $14.76B to $12.77B, a compound annual decline of 2.86%. Cisco Systems's latest reported quarter, Q4 2026, generated $5.00B in free cash flow, an increase of 24.37% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Cisco Systems source filings ↗Community posts
Infleqtion and Cisco team up on networking quantum computers and sensors
Infleqtion ($INFQ) and Cisco ($CSCO) announced a collaboration to investigate how quantum computers and sensors could operate as connected systems. The work brings together Infleqtion’s neutral-atom technology with Cisco’s quantum-networkin ...
