Cisco Blows Past Guidance with Record Q4 Revenue of $17.3 Billion

Cisco Systems reported strong quarterly and annual results for fiscal year 2026, exceeding guidance ranges in revenue and net income. The company's Q4 revenue hit $17.3 billion, a 18% increase from the same period last year. This growth was driven by double-digit expansion across every geography and customer market, with networking product orders growing 40% year over year.

'We delivered a very strong close to fiscal 2026,' said Chuck Robbins, Chair and CEO of Cisco. 'Our record performance is a testament to the accelerated pace of innovation and the excellent execution by our teams.'

The company's fiscal year 2026 revenue reached $63.3 billion, a 12% increase from last year. Operating income on a GAAP basis was up 31%, with an operating margin of 24.3%. Non-GAAP operating income rose 13%, with a non-GAAP operating margin of 34.8%. Net income and earnings per share also increased, with GAAP EPS rising 31% to $3.33.