---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-240975"
form_type: "8-K"
ticker: "CSCO"
cik: "0000858877"
company_name: "CISCO SYSTEMS, INC."
filed_at: "2023-09-25T23:59:59+00:00"
generated_at: "2026-06-10T09:23:44.742207+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Cisco reaffirms Splunk deal: cash-flow positive & gross-margin accretive in FY1, non-GAAP EPS accretive in FY2

## Summary
- Transaction expected to be cash-flow positive and gross-margin accretive in first fiscal year after close.
- Non-GAAP EPS accretive in second full year post close.
- Cash-flow definition includes Splunk operations, synergies, financing costs; excludes transaction costs, one-time equity conversion, retention awards.
- No GAAP reconciliation provided because company cannot estimate individual adjustments without unreasonable effort.
- Deal announced September 21, 2023; Splunk stockholder vote and regulatory approvals still pending.

## SEC filing metadata
- accession: 0001193125-23-240975
- form_type: 8-K
- ticker: CSCO
- cik: 0000858877
- company_name: CISCO SYSTEMS, INC.
- filed_at: 2023-09-25T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/858877/000119312523240975/0001193125-23-240975-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/858877/000119312523240975/d475968d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-240975
- JSON: https://secwatch.observer/filing/0001193125-23-240975.json
- Plain text: https://secwatch.observer/filing/0001193125-23-240975.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.