Cash Flow Statement
Quarterly Data
The cash flow statement provides information about a company cash receipts and cash payments during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company balance sheet.
The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.
Paying user area
Try for free
Cisco Systems Inc. pages available for free this week:
- Income Statement
- Balance Sheet: Assets
- Common-Size Balance Sheet: Assets
- Analysis of Short-term (Operating) Activity Ratios
- Enterprise Value to EBITDA (EV/EBITDA)
- Enterprise Value to FCFF (EV/FCFF)
- Return on Equity (ROE) since 2005
- Return on Assets (ROA) since 2005
- Price to Operating Profit (P/OP) since 2005
- Price to Sales (P/S) since 2005
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Cisco Systems Inc. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Cisco Systems Inc., consolidated cash flow statement (quarterly data)
US$ in millions
Based on: 10-Q (reporting date: 2026-01-24), 10-Q (reporting date: 2025-10-25), 10-K (reporting date: 2025-07-26), 10-Q (reporting date: 2025-04-26), 10-Q (reporting date: 2025-01-25), 10-Q (reporting date: 2024-10-26), 10-K (reporting date: 2024-07-27), 10-Q (reporting date: 2024-04-27), 10-Q (reporting date: 2024-01-27), 10-Q (reporting date: 2023-10-28), 10-K (reporting date: 2023-07-29), 10-Q (reporting date: 2023-04-29), 10-Q (reporting date: 2023-01-28), 10-Q (reporting date: 2022-10-29), 10-K (reporting date: 2022-07-30), 10-Q (reporting date: 2022-04-30), 10-Q (reporting date: 2022-01-29), 10-Q (reporting date: 2021-10-30), 10-K (reporting date: 2021-07-31), 10-Q (reporting date: 2021-05-01), 10-Q (reporting date: 2021-01-23), 10-Q (reporting date: 2020-10-24), 10-K (reporting date: 2020-07-25), 10-Q (reporting date: 2020-04-25), 10-Q (reporting date: 2020-01-25), 10-Q (reporting date: 2019-10-26).
Over the observed period, net income exhibited fluctuations, generally ranging between approximately $2.4 billion and $3.9 billion. A notable dip occurred in the October 2022 quarter, followed by a recovery in subsequent periods. Share-based compensation expense demonstrated a consistent upward trend, nearly tripling from approximately $395 million in late 2019 to over $1,000 million in the final quarters of the observed period. Provision for receivables showed variability, oscillating between positive and negative values, indicating changes in credit risk assessment. Deferred income taxes were highly volatile, with significant negative values in several quarters, potentially impacting cash flow.
Operating cash flow generally remained positive throughout the period, typically between $3.4 billion and $5.9 billion, although it experienced periods of decline. Investing activities consistently involved substantial purchases of investments, often exceeding proceeds from sales, resulting in significant net cash outflows. Financing activities were characterized by substantial negative cash flow, primarily driven by significant share repurchases and debt repayments. A large positive inflow from debt issuances was observed in the January 2025 quarter, followed by substantial repayments.
- Net Income Trend
- Net income peaked in the July 2021 quarter at $3.009 billion, experienced a decline through late 2022 and early 2023, and then showed some recovery, though remaining below the peak. The January 2024 and April 2024 quarters showed particularly low net income figures.
- Share-Based Compensation
- A clear and consistent upward trend in share-based compensation expense is evident. This suggests an increasing reliance on equity-based compensation, potentially impacting future earnings per share. The expense more than doubled over the period.
- Operating Cash Flow Drivers
- Adjustments to reconcile net income to net cash provided by operating activities were consistently positive and substantial, indicating non-cash items significantly contributed to operating cash flow. Changes in operating assets and liabilities also played a significant role, with large fluctuations observed throughout the period.
- Investing Activities
- The consistent net cash outflow from investing activities, primarily due to purchases of investments, suggests a strategic focus on long-term growth through investment. However, the large acquisition activity in the January 2026 quarter resulted in a substantial cash outflow.
- Financing Activities
- Significant share repurchases consistently drove negative cash flow from financing activities. The substantial debt issuance in January 2025 was followed by aggressive debt repayment, indicating a shift in capital structure management. Dividend payments also represented a consistent and substantial cash outflow.
- Foreign Exchange Impact
- The effect of foreign currency exchange rate changes on cash was relatively small, though consistently negative, suggesting a modest adverse impact from currency fluctuations.
Overall, the observed period demonstrates a company generating substantial operating cash flow, strategically investing in growth, and actively managing its capital structure through share repurchases and debt management. The volatility in deferred income taxes and the increasing share-based compensation expense warrant further investigation.