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Cisco Systems Smashes Q4 Earnings, Issues Bullish Guidance

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Cisco Systems Inc., the networking giant, reported record fiscal 2026 results and an upbeat outlook that topped Wall Street expectations. The company's stock price stood at $112.90 as of August 17, 2026, leaving it just below recent highs.

The fourth-quarter fiscal 2026 revenue figure came in at $17.25 billion, ahead of analyst estimates of $16.84 billion for the period ended in late July 2026. Non-GAAP earnings per share reached $1.22, beating forecasts of $1.17 and improving from $0.99 in the same quarter a year earlier.

Cisco's strong quarterly performance was not isolated to one quarter. For the full fiscal year 2026, the company reported revenue of $63.33 billion, an 11.8% increase versus fiscal 2025, while net income rose 26.9% to $13.27 billion.

The company's guidance for fiscal 2027 suggests continued growth. Cisco has issued non-GAAP earnings per share guidance in a range of $5.05 to $5.11, above the current consensus expectation of roughly $4.09 for the present fiscal year and implying mid-teens growth from fiscal 2026's earnings base.

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