Cisco cash flow statement

In fiscal 2026, Cisco's operations generated $14.18bn of cash; it spent $1.41bn on capital projects, leaving free cash flow of $12.77bn. It returned $6.55bn in dividends and $6.11bn through buybacks.

Cash flow statement

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Cisco: cash flow statement, annual
Fiscal year	2010Jul 2010	2011Jul 2011	2012Jul 2012	2013Jul 2013	2014Jul 2014	2015Jul 2015	2016Jul 2016	2017Jul 2017	2018Jul 2018	2019Jul 2019	2020Jul 2020	2021Jul 2021	2022Jul 2022	2023Jul 2023	2024Jul 2024	2025Jul 2025	2026Jul 2026
Cash from operations	10.2	10.1	11.5	12.9	12.3	12.6	13.6	13.9	13.7	15.8	15.4	15.5	13.2	19.9	10.9	14.2	14.2
Depreciation and amortisation	—	—	1.1	1.2	1.2	1.1	1.0	1.1	1.1	1.0	0.9	0.8	0.8	0.7	0.7	0.7	0.7
Stock-based pay	1.5	1.6	1.4	1.1	1.3	1.4	1.5	1.5	1.6	1.6	1.6	1.8	1.9	2.4	3.1	3.6	3.8
Capital spending	1.0	1.2	1.1	1.2	1.3	1.2	1.1	1.0	0.8	0.9	0.8	0.7	0.5	0.8	0.7	0.9	1.4
Free cash flow	9.2	8.9	10.4	11.7	11.1	11.3	12.4	12.9	12.8	14.9	14.7	14.8	12.7	19.0	10.2	13.3	12.8
Free cash flow after stock pay	7.6	7.3	9.0	10.6	9.7	9.9	11.0	11.4	11.3	13.4	13.1	13.0	10.9	16.7	7.1	9.6	8.9
Dividends paid	—	0.7	1.5	3.3	3.8	4.1	4.8	5.5	6.0	6.0	6.0	6.2	6.2	6.3	6.4	6.4	6.6
Share buybacks	7.9	6.7	4.6	2.8	9.4	4.3	3.9	3.7	17.5	20.7	2.7	2.9	7.7	4.3	5.8	6.0	6.1
Shares issued	3.3	1.8	1.4	3.3	1.9	2.0	1.1	0.7	0.6	0.6	0.7	0.6	0.7	0.7	0.7	0.7	0.8

US$ millions unless shown otherwise. Fiscal quarters.

Cisco: cash flow statement, quarterly
Quarter	2025 Q1Oct 2024	2025 Q2Jan 2025	2025 Q3Apr 2025	2025 Q4Jul 2025	2026 Q1Oct 2025	2026 Q2Jan 2026	2026 Q3Apr 2026	2026 Q4Jul 2026
Cash from operations	3,661	2,241	4,057	4,234	3,212	1,822	3,757	5,386
Stock-based pay	827	921	945	948	1,055	934	914	927
Capital spending	217	210	261	217	323	283	414	390
Free cash flow	3,444	2,031	3,796	4,017	2,889	1,539	3,343	4,996
Free cash flow after stock pay	2,617	1,110	2,851	3,069	1,834	605	2,429	4,069
Shares issued	—	—	0	416	—	—	0	451

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

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Figures from Cisco's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Cisco.