CSCO · 10-Q · 2026Q2 · Full report

Operating Cash Flow Trends

CISCO SYSTEMS, INC. · 2026-05-19 · Importance 62 · Surprise 58 · Matches filing data

Net cash provided by operating activities was $8.8 billion for the first nine months of fiscal 2026, compared with $10.0 billion in the prior-year period. Fiscal 2026 operating cash flow included Cisco’s final U.S. transition-tax payment of $2.3 billion. Free cash flow declined to $7.8 billion from $9.3 billion because operating cash flow decreased while property-and-equipment purchases increased to $1.0 billion from $0.7 billion.

Key facts

• Net cash provided by operating activities in the first nine months of fiscal 2026: $8.8 billion. source
• Net cash provided by operating activities for nine months ended April 25, 2026: $8,791 million. source
• Free cash flow for nine months ended April 25, 2026: $7,771 million. source
• Acquisition of property and equipment for nine months ended April 25, 2026: $1,020 million. source
• Cash provided by operating activities for the nine months ended April 25, 2026 was $8,791 million compared with $9,959 million for the nine months ended April 26, 2025. source
• Net cash provided by operating activities for nine months ended April 26, 2025: $9,959 million. source
• Free cash flow for nine months ended April 26, 2025: $9,271 million. source
• Acquisition of property and equipment for nine months ended April 26, 2025: $688 million. source

Impact estimates