Cisco Reports Record Q4 & FY26 Results, Raises FY27 Guidance Significantly on AI Demand
CSCO sits 94% above its 52-week low of $65.75.
Summary
Cisco reported record Q4 and full fiscal year 2026 earnings, beating guidance, and issued strong fiscal year 2027 revenue guidance well above analyst consensus, fueled by significant AI infrastructure demand and a networking supercycle.
Key Events · Earnings and Guidance · CSCO
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Record Q4 & FY26 Performance
Reported Q4 revenue of $17.3 billion (up 18% year-over-year) and non-GAAP EPS of $1.22 (up 23% year-over-year), exceeding guidance. Full FY26 revenue was $63.3 billion (up 12% year-over-year) and non-GAAP EPS was $4.33 (up 14% year-over-year).
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Strong FY27 Guidance Exceeds Consensus
Issued fiscal year 2027 revenue guidance of $72.2 billion to $73.4 billion, significantly above the $68.69 billion consensus, and non-GAAP EPS guidance of $5.05 to $5.11.
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Significant AI Infrastructure Demand
Secured $4 billion in AI infrastructure orders in Q4, bringing the FY26 total to $9.3 billion. The company expects $7.5 billion in FY27 revenue from this segment.
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Networking Supercycle Underway
Q4 total product orders increased 35% year-over-year, with networking product orders up 40%, indicating broad-based, record high demand for Cisco technology.
Analysis · CSCO · Technology
Cisco delivered strong fourth quarter and full fiscal year 2026 results, exceeding its own guidance ranges for both revenue and EPS. The company also issued significantly higher-than-consensus revenue guidance for fiscal year 2027, driven by robust demand for AI infrastructure and a broad-based networking supercycle. This performance highlights strong operational execution and positions Cisco favorably in key growth areas.
At the time of this filing, CSCO was trading at $127.26 on NASDAQ in the Technology sector, with a market capitalization of approximately $488.3B. The 52-week trading range was $65.75 to $130.37. This filing was assessed with positive market sentiment and an importance score of 9 out of 10.