Cisco Systems annual free cash flow
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Cisco Systems Free Cash Flow (FCF) History (CSCO)
Cisco Systems reported $13.29B in free cash flow for fiscal 2025, an increase of 30.15% from the previous fiscal year, with a free cash flow margin of 23.45%.
View full Cisco Systems company overviewCisco Systems free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 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
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| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| 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 $14.66B to $13.29B, a compound annual decline of 1.94%. Cisco Systems's latest reported quarter, Q3 2026, generated $3.34B in free cash flow, a decrease of 11.93% 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 SEC-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 filings at SEC.gov ↗