Lithium-ion batteries are used for energy storage in a wide array of applications, and do not always undergo full charge and discharge cycling. This study quantifies the effect of partial charge-discharge cycling on Li-ion battery capacity loss by means of cycling tests conducted on graphite/LiCoO2 pouch cells under different state of charge (SOC) ranges and discharge currents. The results are used to develop a model of capacity fade for batteries under full or partial cycling conditions. This study demonstrates that all of the variables studied including mean SOC, change in SOC (∆SOC) and discharge rate have a significant impact on capacity loss rate during the cycling operation. This study is useful in identifying the SOC ranges with slow degradation rates.