Cisco Systems (FRA:CIS) Research & Development: €8,138 Mil (TTM As of Apr. 2026)


FRA:CIS Cisco Systems Inc FRA:CIS
81 GF Score
Price €106.96
GF Value €57.23
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Cisco Systems Research & Development?

Cisco Systems FRA:CIS +1.73% 81 Research & Development is €8,138 Mil as of Apr. 2026. GuruFocus rates FRA:CIS with a GF Score™ of 81/100 and a GF Value™ of €57.23 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Cisco Systems's Research & Development for the three months ended in Apr. 2026 was €2,032 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Apr. 2026 was €8,138 Mil.

Cisco Systems  (FRA:CIS) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Cisco Systems Research & Development Related Terms

Cisco Systems Research & Development Historical Data

* Premium members only.

The historical data trend for Cisco Systems's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Cisco Systems Research & Development Chart

Cisco Systems Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,540.45 6,658.84 6,826.10 7,360.33 7,970.10

Cisco Systems Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,078.15 2,039.66 2,061.60 2,004.11 2,032.34
FRA:CIS
81GF Score
Cisco Systems Inc FRA:CIS
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Cisco Systems Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €8,138 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of €8,138 Mil mean?
Cisco Systems (FRA:CIS) has a Research & Development of €8,138 Mil as of Apr. 2026. Research and development expense is the total cost for research and development activities. View historical data on Cisco Systems and its competitors.
Is Cisco Systems' Research & Development too high?
Cisco Systems' current Research & Development is €8,138 Mil. Overall, Cisco Systems has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cisco Systems' Research & Development compare to CIEN and MSI?
Cisco Systems' Research & Development of €8,138 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Hardware company?
A good Research & Development depends on the Hardware industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Cisco Systems and its competitors. Cisco Systems's current Research & Development is €8,138 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cisco Systems stock overvalued right now?
Based on GuruFocus' analysis, Cisco Systems (FRA:CIS) is currently considered Significantly Overvalued. The stock's GF Value™ is €57.23, compared to a current price of €106.96 — trading 86.9% above its estimated fair value. The current Research & Development is €8,138 Mil. Cisco Systems' overall GF Score™ is 81/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Cisco Systems (FRA:CIS), the current Research & Development is €8,138 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Cisco Systems (FRA:CIS) Overvalued in 2026?

Based on GuruFocus' analysis, Cisco Systems stock appears to be overvalued. The current stock price of €106.96 is trading 86.9% above its estimated GF Value™ of €57.23. GuruFocus considers Cisco Systems to be Significantly Overvalued.

Key valuation signals for FRA:CIS:

  • Research & Development: €8,138 Mil
  • GF Value™: €57.23 vs. price of €106.96 (86.9% above fair value)
  • GF Score™: 81/100 with 9 warning signs

No single metric tells the full story. See the FRA:CIS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Cisco Systems Business Description

Address 170 West Tasman Drive, San Jose, CA, USA, 95134-1706
Cisco Systems is the largest provider of networking equipment in the world and one of the largest software companies in the world. Its largest businesses are selling networking hardware and software (where it has leading market shares) and cybersecurity software such as firewalls. It also has collaboration products, like its Webex suite, and observability tools. It primarily outsources its manufacturing to third parties and has a large sales and marketing staff—25,000 strong across 90 countries. Overall, Cisco employs 80,000 people and sells its products globally.
81GF Score

Get the complete analysis for FRA:CIS

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€106.96
Price
€57.23
GF Value