Cisco Systems annual operating expenses
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Cisco Systems Operating Expenses Growth & History (CSCO)
Cisco Systems's operating expenses was $25.49B for fiscal 2026.
View full Cisco Systems company overviewCisco Systems annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-07-25 | $25.49B | $462.0M | +1.85% |
| 2025 | 2025-07-26 | $25.03B | $2.38B | +10.52% |
| 2024 | 2024-07-27 | $22.65B | $1.93B | +9.29% |
| 2023 | 2023-07-29 | $20.72B | $2.44B | +13.37% |
| 2022 | 2022-07-30 | $18.28B | −$782.0M | −4.10% |
| 2021 | 2021-07-31 | $19.06B | $998.0M | +5.53% |
| 2020 | 2020-07-25 | $18.06B | −$384.0M | −2.08% |
| 2019 | 2019-07-27 | $18.45B | $150.0M | +0.82% |
| 2018 | 2018-07-28 | $18.30B | $46.0M | +0.25% |
| 2017 | 2017-07-29 | $18.25B | −$49.0M | −0.27% |
| 2016 | 2016-07-30 | $18.30B | −$611.0M | −3.23% |
| 2015 | 2015-07-25 | $18.91B | $487.0M | +2.64% |
| 2014 | 2014-07-26 | $18.42B | $180.0M | +0.99% |
| 2013 | 2013-07-27 | $18.24B | $100.0M | +0.55% |
| 2012 | 2012-07-28 | $18.14B | −$718.0M | −3.81% |
| 2011 | 2011-07-30 | $18.86B | $2.38B | +14.46% |
| 2010 | 2010-07-31 | $16.48B | $707.0M | +4.48% |
| 2009 | 2009-07-25 | $15.77B | −$132.0M | −0.83% |
| 2008 | 2008-07-26 | $15.90B | — | — |
Cisco Systems quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q4 2026 | 2026-07-25 | $6.80B | $606.0M | +9.79% |
| Q3 2026 | 2026-04-25 | $6.12B | $44.0M | +0.72% |
| Q2 2026 | 2026-01-24 | $6.19B | $193.0M | +3.22% |
| Q1 2026 | 2025-10-25 | $6.38B | −$381.0M | −5.63% |
| Q4 2025 | 2025-07-26 | $6.19B | $30.0M | +0.49% |
| Q3 2025 | 2025-04-26 | $6.08B | −$6.0M | −0.10% |
| Q2 2025 | 2025-01-25 | $6.00B | $877.0M | +17.13% |
| Q1 2025 | 2024-10-26 | $6.76B | $1.48B | +28.06% |
| Q4 2024 | 2024-07-27 | $6.16B | $668.0M | +12.16% |
| Q3 2024 | 2024-04-27 | $6.08B | $796.0M | +15.06% |
| Q2 2024 | 2024-01-27 | $5.12B | −$14.0M | −0.27% |
| Q1 2024 | 2023-10-28 | $5.28B | $475.0M | +9.88% |
| Q4 2023 | 2023-07-29 | $5.50B | $904.0M | +19.69% |
| Q3 2023 | 2023-04-29 | $5.29B | $775.0M | +17.18% |
| Q2 2023 | 2023-01-28 | $5.13B | $573.0M | +12.56% |
| Q1 2023 | 2022-10-29 | $4.81B | $191.0M | +4.14% |
| Q4 2022 | 2022-07-30 | $4.59B | −$178.0M | −3.73% |
| Q3 2022 | 2022-04-30 | $4.51B | −$209.0M | −4.43% |
| Q2 2022 | 2022-01-29 | $4.56B | $1.0M | +0.02% |
| Q1 2022 | 2021-10-30 | $4.62B | −$396.0M | −7.90% |
| Q4 2021 | 2021-07-31 | $4.77B | $332.0M | +7.48% |
| Q3 2021 | 2021-05-01 | $4.72B | $363.0M | +8.33% |
| Q2 2021 | 2021-01-23 | $4.56B | $177.0M | +4.04% |
| Q1 2021 | 2020-10-24 | $5.01B | $126.0M | +2.58% |
| Q4 2020 | 2020-07-25 | $4.44B | −$447.0M | −9.15% |
| Q3 2020 | 2020-04-25 | $4.36B | −$303.0M | −6.50% |
| Q2 2020 | 2020-01-25 | $4.38B | −$178.0M | −3.90% |
| Q1 2020 | 2019-10-26 | $4.88B | $544.0M | +12.53% |
| Q4 2019 | 2019-07-27 | $4.88B | $308.0M | +6.73% |
| Q3 2019 | 2019-04-27 | $4.66B | $35.0M | +0.76% |
| Q2 2019 | 2019-01-26 | $4.56B | $137.0M | +3.10% |
| Q1 2019 | 2018-10-27 | $4.34B | −$330.0M | −7.06% |
| Q4 2018 | 2018-07-28 | $4.58B | $64.0M | +1.42% |
| Q3 2018 | 2018-04-28 | $4.63B | $276.0M | +6.35% |
| Q2 2018 | 2018-01-27 | $4.42B | $42.0M | +0.96% |
| Q1 2018 | 2017-10-28 | $4.67B | −$336.0M | −6.71% |
| Q4 2017 | 2017-07-29 | $4.51B | −$160.0M | −3.42% |
| Q3 2017 | 2017-04-29 | $4.35B | −$388.0M | −8.19% |
| Q2 2017 | 2017-01-28 | $4.38B | $245.0M | +5.92% |
| Q1 2017 | 2016-10-29 | $5.01B | $254.0M | +5.34% |
| Q4 2016 | 2016-07-30 | $4.67B | −$180.0M | −3.71% |
| Q3 2016 | 2016-04-30 | $4.74B | $137.0M | +2.98% |
| Q2 2016 | 2016-01-23 | $4.14B | −$330.0M | −7.39% |
| Q1 2016 | 2015-10-24 | $4.75B | −$238.0M | −4.77% |
| Q4 2015 | 2015-07-25 | $4.85B | $128.0M | +2.71% |
| Q3 2015 | 2015-04-25 | $4.60B | $136.0M | +3.05% |
| Q2 2015 | 2015-01-24 | $4.47B | $184.0M | +4.30% |
| Q1 2015 | 2014-10-25 | $4.99B | $39.0M | +0.79% |
| Q4 2014 | 2014-07-26 | $4.72B | $191.0M | +4.21% |
| Q3 2014 | 2014-04-26 | $4.46B | −$105.0M | −2.30% |
| Q2 2014 | 2014-01-25 | $4.28B | −$270.0M | −5.93% |
| Q1 2014 | 2013-10-26 | $4.95B | $364.0M | +7.93% |
| Q4 2013 | 2013-07-27 | $4.53B | −$181.0M | −3.84% |
| Q3 2013 | 2013-04-27 | $4.57B | $150.0M | +3.39% |
| Q2 2013 | 2013-01-26 | $4.55B | $223.0M | +5.15% |
| Q1 2013 | 2012-10-27 | $4.59B | −$92.0M | −1.97% |
| Q4 2012 | 2012-07-28 | $4.71B | −$691.0M | −12.78% |
| Q3 2012 | 2012-04-28 | $4.42B | −$57.0M | −1.27% |
| Q2 2012 | 2012-01-28 | $4.33B | −$246.0M | −5.37% |
| Q1 2012 | 2011-10-29 | $4.68B | $276.0M | +6.27% |
| Q4 2011 | 2011-07-30 | $5.41B | $937.0M | +20.97% |
| Q3 2011 | 2011-04-30 | $4.48B | $191.0M | +4.46% |
| Q2 2011 | 2011-01-29 | $4.58B | $615.0M | +15.52% |
| Q1 2011 | 2010-10-30 | $4.40B | $640.0M | +17.00% |
| Q4 2010 | 2010-07-31 | $4.47B | $467.0M | +11.67% |
| Q3 2010 | 2010-05-01 | $4.29B | $663.0M | +18.30% |
| Q2 2010 | 2010-01-23 | $3.96B | $12.0M | +0.30% |
| Q1 2010 | 2009-10-24 | $3.76B | −$435.0M | −10.36% |
| Q4 2009 | 2009-07-25 | $4.00B | — | — |
| Q3 2009 | 2009-04-25 | $3.62B | — | — |
| Q2 2009 | 2009-01-24 | $3.95B | — | — |
| Q1 2009 | 2008-10-25 | $4.20B | — | — |
Cisco Systems operating expenses trends
Over the last five fiscal years, Cisco Systems's operating expenses increased from $19.06B to $25.49B, a change of $6.43B. The latest reported quarter, Q4 2026, shows $6.80B.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Cisco Systems source filings ↗Community posts
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