Cisco Reaches New Heights with Record-Breaking Revenue of $63.3 Billion
Cisco Systems has reported record-breaking revenue for its fiscal year 2026, reaching $63.3 billion - a 12% increase from the previous year. The networking giant's fourth-quarter revenue came in at $17.3 billion, exceeding its earlier guidance of $16.7 to $16.9 billion.
The company's product revenue grew by 24% in Q4, while networking revenue rose 28%. Total product orders increased by 35%, and AI infrastructure orders reached a staggering $9.3 billion for the fiscal year.
Cisco has been investing heavily in its AI infrastructure and networking products, which are in high demand as enterprises continue to invest in data center technology. Looking ahead, the company is projecting revenue of between $72.2 and $73.4 billion for fiscal 2027, with non-GAAP EPS expected to range from $5.05 to $5.11.