Cisco closes fiscal year 2026 with record revenue of $63.3 billion and a thirty percent increase in profit. Demand for networking solutions and AI infrastructure continues to rise globally, with forty percent growth in networking products.
Cisco has announced its results for the fourth quarter and fiscal year 2026. The company achieved revenue of $17.3 billion in Q4, an eighteen percent increase compared to last year. Earnings per share rose by 52 percent to $0.97 on a GAAP basis.
Record figures and growth in all regions
Q4 revenue rose by 35 percent in total product orders; excluding hyperscalers, this was 25 percent. Networking products saw the strongest growth at forty percent, followed by security (14 percent) and collaboration (12 percent). All geographic regions showed double-digit growth: Americas (+18 percent), EMEA (+19 percent), and APJC (+14 percent).
The operating margin improved significantly, with a GAAP margin of 24.7 percent and a non-GAAP margin of 35.9 percent. For fiscal year 2026, total revenue amounts to $63.3 billion, a twelve percent increase.
Future outlook and investments
Cisco expects revenue between $18.0 and $18.2 billion for Q1 of fiscal year 2027. Earnings per share are estimated at $1.08 to $1.10 (GAAP) and $1.32 to $1.34 (non-GAAP). For the full fiscal year 2027, revenue of $72.2 to $73.4 billion is projected.
The company continues to focus on strategic investments, particularly in AI infrastructure. In Q4, two acquisitions were completed: Galileo Technologies (observability) and Astrix Securities (security for non-human identities).
Cisco emphasizes that the broad demand for its technology and the growth in AI infrastructure provide a strong foundation for the future. With a record year and optimistic expectations for 2027, the company appears well-positioned.