Cisco Posts Record Revenue on Back of AI-Fueled Growth
Cisco Systems Inc., known by its ticker symbol CSCO, reported record revenue and growth in its latest earnings call. The company's financials showed a significant increase in sales across various product segments, including networking equipment and software solutions.
The firm's record-breaking fiscal year ended with $63.3 billion in revenue, a 12% year-over-year rise. Q4 saw an even more impressive surge of 18%, reaching $17.3 billion in revenue.
Cisco's AI infrastructure story has been gaining momentum, with hyperscale AI orders skyrocketing to $9.3 billion in FY26, roughly 4.5 times the prior year's figure. The company expects $7.5 billion in AI infrastructure revenue for FY27.