Overview
- Revenue reached $14.88 billion and adjusted earnings were $1.00 per share, both ahead of LSEG consensus estimates.
- The company lifted fiscal 2026 guidance to $60.2–$61.0 billion in revenue and $4.08–$4.14 in adjusted EPS, citing accelerating AI and campus refresh spending.
- Fiscal second-quarter guidance calls for $15.0–$15.2 billion in revenue and $1.01–$1.03 in adjusted EPS, topping Wall Street forecasts.
- Networking, Cisco’s largest unit, grew about 15% to $7.77 billion, marking the fourth consecutive quarter of overall company growth after prior declines.
- Cisco is aligning products to AI workloads, including a recently introduced Nvidia-based Ethernet switch, and shares rose roughly 4% to 5% in after-hours trading.