Cisco Systems annual r&d spending
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Cisco Systems R&D Spending Growth & History (CSCO)
Cisco Systems's r&d spending was $9.56B for fiscal 2026.
View full Cisco Systems company overviewCisco Systems annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-07-25 | $9.56B | $263.0M | +2.83% |
| 2025 | 2025-07-26 | $9.30B | $1.32B | +16.50% |
| 2024 | 2024-07-27 | $7.98B | $432.0M | +5.72% |
| 2023 | 2023-07-29 | $7.55B | $777.0M | +11.47% |
| 2022 | 2022-07-30 | $6.77B | $225.0M | +3.44% |
| 2021 | 2021-07-31 | $6.55B | $202.0M | +3.18% |
| 2020 | 2020-07-25 | $6.35B | −$230.0M | −3.50% |
| 2019 | 2019-07-27 | $6.58B | $245.0M | +3.87% |
| 2018 | 2018-07-28 | $6.33B | $273.0M | +4.51% |
| 2017 | 2017-07-29 | $6.06B | −$237.0M | −3.76% |
| 2016 | 2016-07-30 | $6.30B | $89.0M | +1.43% |
| 2015 | 2015-07-25 | $6.21B | −$87.0M | −1.38% |
| 2014 | 2014-07-26 | $6.29B | $352.0M | +5.92% |
| 2013 | 2013-07-27 | $5.94B | $454.0M | +8.27% |
| 2012 | 2012-07-28 | $5.49B | −$335.0M | −5.75% |
| 2011 | 2011-07-30 | $5.82B | — | — |
Cisco Systems quarterly r&d spending
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| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q4 2026 | 2026-07-25 | $2.43B | $51.0M | +2.14% |
| Q3 2026 | 2026-04-25 | $2.38B | $42.0M | +1.80% |
| Q2 2026 | 2026-01-24 | $2.35B | $56.0M | +2.44% |
| Q1 2026 | 2025-10-25 | $2.40B | $114.0M | +4.99% |
| Q4 2025 | 2025-07-26 | $2.38B | $201.0M | +9.22% |
| Q3 2025 | 2025-04-26 | $2.33B | $387.0M | +19.87% |
| Q2 2025 | 2025-01-25 | $2.30B | $356.0M | +18.32% |
| Q1 2025 | 2024-10-26 | $2.29B | $373.0M | +19.50% |
| Q4 2024 | 2024-07-27 | $2.18B | $226.0M | +11.57% |
| Q3 2024 | 2024-04-27 | $1.95B | −$14.0M | −0.71% |
| Q2 2024 | 2024-01-27 | $1.94B | $88.0M | +4.74% |
| Q1 2024 | 2023-10-28 | $1.91B | $132.0M | +7.41% |
| Q4 2023 | 2023-07-29 | $1.95B | $271.0M | +16.11% |
| Q3 2023 | 2023-04-29 | $1.96B | $254.0M | +14.87% |
| Q2 2023 | 2023-01-28 | $1.85B | $185.0M | +11.08% |
| Q1 2023 | 2022-10-29 | $1.78B | $67.0M | +3.91% |
| Q4 2022 | 2022-07-30 | $1.68B | −$31.0M | −1.81% |
| Q3 2022 | 2022-04-30 | $1.71B | $11.0M | +0.65% |
| Q2 2022 | 2022-01-29 | $1.67B | $143.0M | +9.36% |
| Q1 2022 | 2021-10-30 | $1.71B | $102.0M | +6.33% |
| Q4 2021 | 2021-07-31 | $1.71B | $148.0M | +9.46% |
| Q3 2021 | 2021-05-01 | $1.70B | $151.0M | +9.77% |
| Q2 2021 | 2021-01-23 | $1.53B | −$43.0M | −2.74% |
| Q1 2021 | 2020-10-24 | $1.61B | −$54.0M | −3.24% |
| Q4 2020 | 2020-07-25 | $1.56B | −$188.0M | −10.72% |
| Q3 2020 | 2020-04-25 | $1.55B | −$113.0M | −6.81% |
| Q2 2020 | 2020-01-25 | $1.57B | $13.0M | +0.83% |
| Q1 2020 | 2019-10-26 | $1.67B | $58.0M | +3.61% |
| Q4 2019 | 2019-07-27 | $1.75B | $127.0M | +7.81% |
| Q3 2019 | 2019-04-27 | $1.66B | $69.0M | +4.34% |
| Q2 2019 | 2019-01-26 | $1.56B | $8.0M | +0.52% |
| Q1 2019 | 2018-10-27 | $1.61B | $41.0M | +2.62% |
| Q4 2018 | 2018-07-28 | $1.63B | $127.0M | +8.47% |
| Q3 2018 | 2018-04-28 | $1.59B | $83.0M | +5.51% |
| Q2 2018 | 2018-01-27 | $1.55B | $41.0M | +2.72% |
| Q1 2018 | 2017-10-28 | $1.57B | $22.0M | +1.42% |
| Q4 2017 | 2017-07-29 | $1.50B | −$102.0M | −6.37% |
| Q3 2017 | 2017-04-29 | $1.51B | −$119.0M | −7.32% |
| Q2 2017 | 2017-01-28 | $1.51B | −$1.0M | −0.07% |
| Q1 2017 | 2016-10-29 | $1.54B | −$15.0M | −0.96% |
| Q4 2016 | 2016-07-30 | $1.60B | $53.0M | +3.42% |
| Q3 2016 | 2016-04-30 | $1.63B | $79.0M | +5.11% |
| Q2 2016 | 2016-01-23 | $1.51B | −$20.0M | −1.31% |
| Q1 2016 | 2015-10-24 | $1.56B | −$23.0M | −1.45% |
| Q4 2015 | 2015-07-25 | $1.55B | −$45.0M | −2.82% |
| Q3 2015 | 2015-04-25 | $1.55B | −$18.0M | −1.15% |
| Q2 2015 | 2015-01-24 | $1.53B | $117.0M | +8.29% |
| Q1 2015 | 2014-10-25 | $1.58B | −$141.0M | −8.18% |
| Q4 2014 | 2014-07-26 | $1.59B | — | — |
| Q3 2014 | 2014-04-26 | $1.56B | — | — |
| Q2 2014 | 2014-01-25 | $1.41B | — | — |
| Q1 2014 | 2013-10-26 | $1.72B | — | — |
Cisco Systems r&d spending trends
Over the last five fiscal years, Cisco Systems's r&d spending increased from $6.55B to $9.56B, a change of $3.01B. The latest reported quarter, Q4 2026, shows $2.43B.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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