Cisco Systems annual net debt
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2026
Cisco Systems Net Debt Growth & History (CSCO)
Cisco Systems's net debt was $23.97B for fiscal 2026.
View full Cisco Systems company overviewCisco Systems annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-07-25 | $23.97B | $2.67B | +12.54% |
| 2025 | 2025-07-26 | $21.30B | −$3.43B | −13.86% |
| 2024 | 2024-07-27 | $24.72B | $25.44B | — |
| 2023 | 2023-07-29 | −$712.0M | −$4.19B | — |
| 2022 | 2022-07-30 | $3.48B | −$37.0M | −1.05% |
| 2021 | 2021-07-31 | $3.52B | −$257.0M | −6.81% |
| 2020 | 2020-07-25 | $3.78B | −$9.14B | −70.76% |
| 2019 | 2019-07-27 | $12.92B | −$3.72B | −22.36% |
| 2018 | 2018-07-28 | $16.64B | −$5.37B | −24.42% |
| 2017 | 2017-07-29 | $22.01B | $997.0M | +4.74% |
| 2016 | 2016-07-30 | $21.01B | $2.54B | +13.72% |
| 2015 | 2015-07-25 | $18.48B | $4.36B | +30.87% |
| 2014 | 2014-07-26 | $14.12B | $5.83B | +70.40% |
| 2013 | 2013-07-27 | $8.29B | $1.76B | +26.91% |
| 2012 | 2012-07-28 | $6.53B | −$2.63B | −28.72% |
| 2011 | 2011-07-30 | $9.16B | −$1.54B | −14.42% |
| 2010 | 2010-07-31 | $10.70B | $6.13B | +133.84% |
| 2009 | 2009-07-25 | $4.58B | — | — |
Cisco Systems quarterly net debt
Q4.09
Q1.10
Q2.10
Q3.10
Q4.10
Q1.11
Q2.11
Q3.11
Q4.11
Q1.12
Q3.12
Q4.12
Q2.13
Q3.13
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Q1.14
Q3.14
Q4.14
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Q2.15
Q3.15
Q4.15
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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
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Q4.19
Q1.20
Q2.20
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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 | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q4 2026 | 2026-07-25 | $23.97B | $2.67B | +12.54% |
| Q3 2026 | 2026-04-25 | $25.92B | $3.34B | +14.77% |
| Q2 2026 | 2026-01-24 | $24.28B | $423.0M | +1.77% |
| Q1 2026 | 2025-10-25 | $21.24B | −$2.98B | −12.31% |
| Q4 2025 | 2025-07-26 | $21.30B | −$3.43B | −13.86% |
| Q3 2025 | 2025-04-26 | $22.58B | −$1.70B | −7.01% |
| Q2 2025 | 2025-01-25 | $23.86B | $24.94B | — |
| Q1 2025 | 2024-10-26 | $24.22B | $25.13B | — |
| Q4 2024 | 2024-07-27 | $24.72B | $25.44B | — |
| Q3 2024 | 2024-04-27 | $24.29B | $22.87B | +1618.68% |
| Q2 2024 | 2024-01-27 | −$1.08B | −$1.98B | — |
| Q1 2024 | 2023-10-28 | −$909.0M | −$3.47B | — |
| Q4 2023 | 2023-07-29 | −$712.0M | −$4.19B | — |
| Q3 2023 | 2023-04-29 | $1.41B | −$2.13B | −60.07% |
| Q2 2023 | 2023-01-28 | $906.0M | −$4.97B | −84.59% |
| Q1 2023 | 2022-10-29 | $2.56B | −$509.0M | −16.58% |
| Q4 2022 | 2022-07-30 | $3.48B | −$37.0M | −1.05% |
| Q3 2022 | 2022-04-30 | $3.54B | −$1.65B | −31.78% |
| Q2 2022 | 2022-01-29 | $5.88B | $2.06B | +54.10% |
| Q1 2022 | 2021-10-30 | $3.07B | −$1.70B | −35.65% |
| Q4 2021 | 2021-07-31 | $3.52B | −$257.0M | −6.81% |
| Q3 2021 | 2021-05-01 | $5.19B | −$1.53B | −22.75% |
| Q2 2021 | 2021-01-23 | $3.81B | −$4.78B | −55.62% |
| Q1 2021 | 2020-10-24 | $4.77B | −$6.29B | −56.85% |
| Q4 2020 | 2020-07-25 | $3.78B | −$9.14B | −70.76% |
| Q3 2020 | 2020-04-25 | $6.72B | −$6.73B | −50.06% |
| Q2 2020 | 2020-01-25 | $8.60B | −$7.20B | −45.58% |
| Q1 2020 | 2019-10-26 | $11.06B | −$6.10B | −35.54% |
| Q4 2019 | 2019-07-27 | $12.92B | −$3.72B | −22.36% |
| Q3 2019 | 2019-04-27 | $13.45B | −$7.91B | −37.03% |
| Q2 2019 | 2019-01-26 | $15.79B | −$5.95B | −27.35% |
| Q1 2019 | 2018-10-27 | $17.15B | −$7.73B | −31.05% |
| Q4 2018 | 2018-07-28 | $16.64B | −$5.37B | −24.42% |
| Q3 2018 | 2018-04-28 | $21.35B | −$3.00B | −12.32% |
| Q2 2018 | 2018-01-27 | $21.74B | −$2.28B | −9.50% |
| Q1 2018 | 2017-10-28 | $24.88B | −$1.33B | −5.06% |
| Q4 2017 | 2017-07-29 | $22.01B | $997.0M | +4.74% |
| Q3 2017 | 2017-04-29 | $24.35B | $4.65B | +23.62% |
| Q2 2017 | 2017-01-28 | $24.02B | $5.74B | +31.39% |
| Q1 2017 | 2016-10-29 | $26.21B | $7.34B | +38.93% |
| Q4 2016 | 2016-07-30 | $21.01B | $2.54B | +13.72% |
| Q3 2016 | 2016-04-30 | $19.70B | $2.57B | +14.98% |
| Q2 2016 | 2016-01-23 | $18.29B | $2.56B | +16.28% |
| Q1 2016 | 2015-10-24 | $18.86B | $2.28B | +13.74% |
| Q4 2015 | 2015-07-25 | $18.48B | $4.36B | +30.87% |
| Q3 2015 | 2015-04-25 | $17.13B | $2.48B | +16.95% |
| Q2 2015 | 2015-01-24 | $15.72B | — | — |
| Q1 2015 | 2014-10-25 | $16.59B | $5.61B | +51.16% |
| Q4 2014 | 2014-07-26 | $14.12B | $5.83B | +70.40% |
| Q3 2014 | 2014-04-26 | $14.65B | $3.52B | +31.68% |
| Q1 2014 | 2013-10-26 | $10.97B | — | — |
| Q4 2013 | 2013-07-27 | $8.29B | $1.76B | +26.91% |
| Q3 2013 | 2013-04-27 | $11.13B | $1.22B | +12.29% |
| Q2 2013 | 2013-01-26 | $9.44B | — | — |
| Q4 2012 | 2012-07-28 | $6.53B | −$2.63B | −28.72% |
| Q3 2012 | 2012-04-28 | $9.91B | −$206.0M | −2.04% |
| Q1 2012 | 2011-10-29 | $12.11B | $624.0M | +5.43% |
| Q4 2011 | 2011-07-30 | $9.16B | −$1.54B | −14.42% |
| Q3 2011 | 2011-04-30 | $10.11B | −$1.17B | −10.38% |
| Q2 2011 | 2011-01-29 | $22.47B | $11.98B | +114.32% |
| Q1 2011 | 2010-10-30 | $11.48B | $5.98B | +108.80% |
| Q4 2010 | 2010-07-31 | $10.70B | $6.13B | +133.84% |
| Q3 2010 | 2010-05-01 | $11.29B | — | — |
| Q2 2010 | 2010-01-23 | $10.48B | — | — |
| Q1 2010 | 2009-10-24 | $5.50B | — | — |
| Q4 2009 | 2009-07-25 | $4.58B | — | — |
Cisco Systems net debt trends
Over the last five fiscal years, Cisco Systems's net debt increased from $3.52B to $23.97B, a change of $20.45B. The latest reported quarter, Q4 2026, shows $23.97B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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