CSCO · 10-K · 2026A · Full report
Remaining Performance Obligations
CISCO SYSTEMS, INC. · 2026-09-02 · Importance 55 · Surprise 32 · From source text
Cisco’s remaining performance obligations increased 7% year over year to $46.734 billion as of July 25, 2026. Product obligations rose 9% to $23.436 billion, while services obligations increased 6% to $23.298 billion. Long-term obligations increased $2.148 billion to $23.958 billion, exceeding short-term obligations of $22.776 billion. The backlog-like obligation balance indicates continued contracted demand across Cisco’s product and services offerings, although the filing does not identify specific customers or geographies.
Key facts
- Total remaining performance obligations as of July 25, 2026: $46,734 million. source
- Remaining performance obligations for product as of July 25, 2026: $23,436 million. source
- Remaining performance obligations for services as of July 25, 2026: $23,298 million. source
- Remaining performance obligations were $46,734 million in fiscal 2026 compared with $43,533 million in fiscal 2025. source
- Total remaining performance obligations increased 7% in fiscal 2026 compared to fiscal 2025. source
- Remaining performance obligations for product increased 9% in fiscal 2026 compared to fiscal 2025. source
- Remaining performance obligations for services increased 6% in fiscal 2026 compared to fiscal 2025. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | committed | +4.3% | Remaining performance obligations were $46,734 million in fiscal 2026 compared with $43,533 million in fiscal 2025. |
| revenue | positive | committed | — | Total remaining performance obligations as of July 25, 2026: $46,734 million. |