Cisco Systems Inc.: 10-K Risk Factor Changes

2024 vs 2023  ·  SEC EDGAR  ·  2026-05-22
Other years: 2025 vs 2024 · 2023 vs 2022
⚠ AI-Generated

The summary below was generated by an AI language model and may contain errors or omissions. All other content on this page is deterministically extracted from the original SEC EDGAR filing.

Cisco added one new risk in 2024 focusing on software subscription delivery and third-party dependencies, reflecting the company's strategic shift toward subscription-based revenue models. Ten of the existing 27 baseline risks were substantively modified, with notable revisions to disclosures on revenue predictability, debt obligations, geopolitical threats, and artificial intelligence regulatory exposure. No previously disclosed risks were entirely removed from the 2024 filing.

✓ Deterministic extraction — no AI-generated data

Classification is based on semantic text similarity scoring and may include approximations. “No match” means no high-confidence textual match was found — not necessarily that a section was removed.

1
New Risks
0
Removed
10
Modified
27
Unchanged
🟢 New in Current Filing Our financial performance may be negatively impacted by demand for, and costs to deliver, our software subscription offerings; and interruptions or performance problems associated with these offerings, including interruptions or performance problems caused by third-party providers on which we rely, may negatively impact our business and financial results. 🔒
🟡 Modified Our revenue for a particular period is difficult to predict, and a shortfall in revenue may harm our operating results. 🔒
🟡 Modified There can be no assurance that our operating results and financial condition will not be negatively impacted by our incurrence of debt. 🔒
🟡 Modified Terrorism, war, and other events may harm our business, operating results and financial condition. 🔒
🟡 Modified Issues related to the development and use of artificial intelligence (AI) could give rise to legal and/or regulatory action, damage our reputation or otherwise materially harm of our business. 🔒
🟡 Modified Our business, operating results and financial condition could be materially harmed by evolving regulatory uncertainty or obligations applicable to our products and services. 🔒
🟡 Modified Vulnerabilities and critical security defects, prioritization decisions regarding remedying vulnerabilities or security defects, failure of third-party providers to remedy vulnerabilities or security defects, or customers not deploying security updates in a timely manner or deciding not to upgrade our solutions could result in claims of liability against us, damage our reputation, or otherwise materially harm our business. 🔒
🟡 Modified Our operations can be difficult to predict because our operating results may fluctuate in future periods. 🔒
🟡 Modified Cyber attacks, data breaches or other incidents impacting our solutions and IT environment may disrupt our operations, harm our operating results and financial condition, and damage our reputation or otherwise materially harm our business; and cyber attacks, data breaches or other incidents on our customers’ or third-party providers’ networks, or in third-party products we use, could result in claims of liability against us, give rise to legal and/or regulatory action, damage our reputation or otherwise materially harm our business. 🔒
🟡 Modified Sales to the service provider and cloud market are especially volatile, and weakness in orders from this industry may harm our operating results and financial condition. 🔒
🟡 Modified Adverse resolution of litigation or governmental investigations may harm our operating results or financial condition. 🔒
11 changes in this historical filing

Historical year-over-year comparisons (2024 vs 2023 and earlier) are available on the Pro plan.

Get full access — from $29/month Already a Pro subscriber? View full diff →