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Cisco: Fiscal Q3 Earnings Snapshot

On Wednesday, Cisco Systems, Inc. reported record third-quarter revenue of $15.8 billion, up 12% year-over-year, with GAAP earnings of $0.85 per share for the period ended April 25, 2026.
Broad-Based demand for AI infrastructure drove results; networking product orders accelerated to more than 50% year-over-year, while total product orders surged 35%.
Chair and CEO Chuck Robbins credited the results to "the relevance of our technology for connecting and securing AI," while non-GAAP net income rose 10% to $4.2 billion.
Management raised fiscal 2026 expectations, projecting $9 billion in orders and $4 billion in revenue, while declaring a $0.42 per share dividend payable July 22, 2026.
Cisco projects fourth-quarter revenue between $16.7 billion and $16.9 billion, with non-GAAP earnings per share estimated at $1.16 to $1.18, accounting for tariff impacts.

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