CSCO · Technology

CISCO SYSTEMS, INC.

Ranked earnings events from SEC filings, earnings calls, press releases and news. Full Picture: what to focus on this earnings window

News · 2026-09-23

• Customer Network TransformationImportance 34 · Surprise 42
  Cisco announced a multiyear agreement to upgrade the University of Notre Dame’s campus network. The project will deploy 1,000 Cisco switches to create an AI-ready campus infrastructure. The reported agreement expands…
• Notre Dame Campus Network WinImportance 34 · Surprise 42
  Cisco secured a multiyear agreement to upgrade the University of Notre Dame's campus network. The deployment involves approximately 1,000 Cisco switches designed to create an AI-ready campus infrastructure. The win…
• Quantum-Safe Security ComplianceImportance 31 · Surprise 42
  Cisco and KETS Quantum Security integrated KETS’ chip-based quantum key distribution technology with Cisco IOS XR routing infrastructure. The integration supports automated quantum-secure key exchange and encryption…
• Quantum-Safe Network IntegrationImportance 31 · Surprise 42
  Cisco and KETS Quantum Security integrated KETS' chip-based quantum key distribution technology with Cisco IOS XR routers. The integration enables automated quantum-secure key exchange and encryption across existing…
• AgenticOps AI AdoptionImportance 17 · Surprise 24
  Cisco and Omdia research indicates that 95% of enterprises believe existing AIOps tools cannot handle current operational demands. More than half of surveyed enterprises have already moved toward AgenticOps approaches.…
• AgenticOps AI PartnershipImportance 17 · Surprise 24
  Cisco and Omdia reported that 95% of enterprises believe their existing AIOps tools cannot keep pace with current demands. More than half of surveyed organizations have already moved toward AgenticOps. The research…

News · 2026-09-22

• Revenue Performance and MixImportance 48 · Surprise 40
  Cisco’s fiscal fourth-quarter revenue increased 17.6% year over year, with another report describing the increase as 18%. The quarter included earnings per share of $1.22, according to third-party reporting. Cisco also…

News · 2026-09-17

• Guidance / OutlookImportance 84 · Surprise 76
  Third-party reporting says Cisco expects fiscal 2027 revenue growth of 15% and EPS growth of 17%. The outlook follows fiscal 2026 results that included 18% year-over-year fourth-quarter revenue growth and robust AI…
• AI Infrastructure DemandImportance 63 · Surprise 42
  Cisco is seeing robust orders for AI infrastructure, indicating strong demand from customers building and upgrading AI-capable networks. Networking and security demand are described as supporting a broader technology…
• Revenue Performance and MixImportance 54 · Surprise 40
  Cisco delivered record FY26 results, including 18% year-over-year revenue growth in the fourth quarter. Networking and Security were identified as the primary business segments driving the reported acceleration. The…

News · 2026-09-16

• Revenue Performance and MixImportance 67 · Surprise 58
  Cisco reported FY2026 fourth-quarter revenue growth of 18% year over year, reaching multiyear highs. Revenue exceeded analyst expectations by $424.73 million. Hyperscaler AI infrastructure orders increased 4.5 times…
• AI Infrastructure DemandImportance 59 · Surprise 82
  Cisco’s AI-driven networking demand is described as robust, with hyperscaler AI infrastructure orders increasing 4.5x in FY2026. Q4 remaining performance obligations growth accelerated, indicating stronger contracted…
• EEOC Harassment FindingImportance 38 · Surprise 60
  The U.S. Equal Employment Opportunity Commission is investigating Cisco over allegations that it failed to protect pro-Palestinian, Arab, and Muslim employees from workplace harassment. The EEOC found reasonable cause…
• Security and Observability GrowthImportance 23 · Surprise 24
  Cisco is gaining momentum with Splunk-based AI security and observability tools. Datadog and CrowdStrike are expanding competing capabilities in observability and cybersecurity. The competitive comparison indicates…
• Gross Margin DriversImportance 17 · Surprise 24
  Cisco’s fourth-quarter gross margin contracted to 66.3%. Higher memory costs reduced gross margin, while competition created additional margin pressure. Operating margin nevertheless expanded as expense controls offset…
• Competition and Market ShareImportance 17 · Surprise 24
  Gartner’s Magic Quadrant for hybrid mesh firewalls identified Fortinet, Palo Alto Networks, and Check Point as the only market leaders. Gartner classified Cisco as a visionary and HPE as a challenger, while placing…

News · 2026-09-15

• AI Security Product ExpansionImportance 30 · Surprise 42
  Cisco is expanding Splunk into a data and governance foundation for the agentic enterprise, targeting organizations deploying AI systems. New offerings include the Cisco AI POD for Splunk, which supports on-premises AI…
• AI Product StrategyImportance 30 · Surprise 42
  On September 15, 2026, Cisco announced new Splunk advancements to support trusted AI deployment, particularly for on-premises customers. The offerings include the Cisco AI POD for Splunk, Splunk Agent Observability’s…

News · 2026-09-14

• AI Product DevelopmentImportance 31 · Surprise 42
  Cisco rolled out version 1.0 of Cisco AI POD for Splunk. The package is designed to support enterprise AI computing inside customer-controlled environments rather than relying exclusively on public cloud…
• Partner Ecosystem ExpansionImportance 23 · Surprise 24
  Cisco joined Verizon’s 6G Innovation Forum alongside eight other newly added industry participants, including Amazon Web Services and NVIDIA. The forum reported real-world trials of integrated sensing and…

News · 2026-09-13

• Security Product RiskImportance 31 · Surprise 42
  Cisco’s security products are facing heightened remediation and customer-confidence risks as vulnerability discovery accelerates across AI networking environments. Nation-state actors reportedly exploited bugs in…

News · 2026-09-12

• Restructuring and HeadcountImportance 31 · Surprise 42
  Cisco announced reductions affecting 1,300 employees, following 10,000 job cuts in 2011. The workforce action indicates continued restructuring of Cisco’s networking operations, although the report does not disclose…

News · 2026-09-11

• Guidance / OutlookImportance 85 · Surprise 76
  Cisco projected fiscal 2027 revenue of $72.2 billion to $73.4 billion. Management also projected fiscal 2027 non-GAAP earnings of $5.05 to $5.11 per share. The outlook reflects continued networking demand and growth in…
• Webex Context Center LaunchImportance 30 · Surprise 42
  Cisco is repositioning its Webex customer experience offering from a traditional contact center toward a “context center” that preserves customer history across interactions. The initiative, described as “agentic CX,”…
• AI Agent Product LaunchImportance 30 · Surprise 42
  Cisco is repositioning its Webex customer experience division from traditional contact centers to “context centers.” The initiative, described as “agentic CX,” is intended to preserve continuous customer history across…
• Revenue Performance and MixImportance 20 · Surprise 24
  Cisco reported fiscal fourth-quarter 2026 revenue of $17.252 billion, exceeding expectations. Networking revenue grew broadly across the business during the quarter. Significant growth in AI infrastructure orders was a…
• Gross Margin DriversImportance 20 · Surprise 24
  Cisco's gross margin declined in fiscal fourth-quarter 2026 despite revenue of $17.252 billion. The reported gross-margin pressure occurred alongside broad networking demand and significant growth in AI infrastructure…
• AI Infrastructure DemandImportance 20 · Surprise 24
  Cisco reported significant growth in AI infrastructure orders alongside broad demand for networking equipment. Networking revenue was identified as a key driver of the company’s latest quarterly performance. The demand…

News · 2026-09-10

• Quantum Computing PartnershipImportance 31 · Surprise 42
  On September 10, 2026, Infleqtion and Cisco announced a collaboration focused on joint research and development for connecting, operating, and scaling neutral-atom quantum systems. The companies will explore…
• Cisco Human Rights LitigationImportance 26 · Surprise 24
  Cisco remains involved in human-rights litigation on remand to the U.S. Court of Appeals for the Ninth Circuit. The proceedings address whether state-law and foreign-law tort claims may proceed under the Alien Tort…
• Sovereign AI PartnershipImportance 23 · Surprise 24
  Palantir showcased sovereign-AI deployments involving Cisco, NVIDIA, and the Federal Aviation Administration at its AIPCon event. The highlighted applications span supply chains, aviation safety, defense manufacturing,…

News · 2026-09-09

• Cisco Human Rights LitigationImportance 47 · Surprise 60
  The U.S. Supreme Court’s 2026 decision in Cisco Systems Inc. v. Doe limited modern human-rights claims brought under the Alien Tort Statute. The decision was cited by the Fourth Circuit in overturning a $42 million…
• AI Infrastructure PartnershipImportance 31 · Surprise 42
  Cisco, AMD, and Humain launched a joint AI infrastructure initiative in Saudi Arabia using AMD GPUs and Cisco networking technology. The initiative is intended to provide GPU-as-a-service across the Middle East and is…
• Saudi Sovereign AI BuildoutImportance 31 · Surprise 42
  Cisco, AMD, and Humain launched a joint AI-infrastructure initiative in Saudi Arabia. The project combines AMD GPUs with Cisco networking technology and is intended to provide GPU-as-a-service across the Middle East.…
• AI Infrastructure DemandImportance 17 · Surprise 24
  Cisco reported that AI agents account for roughly 60% of global inference capacity. The data point indicates strong demand for networking and infrastructure supporting agentic-AI workloads. It highlights a shift in…

News · 2026-09-08

• Products and TechnologyImportance 31 · Surprise 42
  Cisco is adapting its edge-computing portfolio for AI workloads through Unified Edge and integration with the Intersight management platform. The architecture is designed to process data closer to its source and…
• AI Infrastructure DemandImportance 30 · Surprise 24
  Cisco is reporting strong hyperscaler AI orders, with demand described as strong enough to compare favorably with pure-play networking rivals. Executives said artificial intelligence, infrastructure modernization and…

News · 2026-09-04

• Products and TechnologyImportance 31 · Surprise 42
  Cisco is adapting its edge-computing portfolio for AI workloads through Unified Edge and integration with the Intersight management platform. The architecture is designed to process data closer to its source and…

News · 2026-09-03

• Revenue Performance and MixImportance 47 · Surprise 22
  Cisco reported fiscal 2026 revenue of $63.3 billion, representing 12% year-over-year growth. Product revenue increased 16% year over year, while services revenue was flat. Net income reached $13.3 billion for the…
• Outstanding IndebtednessImportance 37 · Surprise 6
  Cisco disclosed $23.0 billion of senior unsecured notes in fiscal 2026. The company also reported $6.7 billion of commercial paper notes. The disclosed debt instruments represent $29.7 billion of combined senior notes…
• AI Infrastructure PartnershipsImportance 34 · Surprise 42
  Cisco is expanding its Secure AI Factory architecture through a collaboration with Super Micro Computer, which will provide high-density liquid- and air-cooled compute systems. The systems integrate NVIDIA technologies…

10-K · 2026-09-02

• AI Infrastructure DemandImportance 75 · Surprise 64
  Cisco reported strong fiscal 2026 demand for AI infrastructure from hyperscaler customers, which represented approximately 6% of total revenue versus less than 2% in fiscal 2025. Management expects hyperscaler AI…
• Products and TechnologyImportance 65 · Surprise 48
  Cisco’s Networking category includes switching, routing, wireless, and servers, with fiscal 2026 growth driven particularly by AI Infrastructure and Campus Networking solutions. Cisco Silicon One-based systems and…
• R&D Investment in AIImportance 63 · Surprise 50
  Fiscal 2026 R&D expense increased to $9.563 billion, primarily because of higher headcount-related expenses reflecting investments in AI. Cisco also increased discretionary spending and share-based compensation in R&D,…
• Financing Receivables and GuaranteesImportance 59 · Surprise 48
  Cisco provides customer financing for purchases of hardware, software, technical support, professional services, and network installation and integration. Financing receivables increased 28% year over year to $8.332…
• Other Investment IncomeImportance 55 · Surprise 82
  Other income, net increased $1.313 billion to $1.245 billion in fiscal 2026 from a $68 million loss in fiscal 2025. The improvement was primarily driven by $1.409 billion of gains on non-marketable equity securities,…
• Remaining Performance ObligationsImportance 55 · Surprise 32
  Cisco’s remaining performance obligations increased 7% year over year to $46.734 billion as of July 25, 2026. Product obligations rose 9% to $23.436 billion, while services obligations increased 6% to $23.298 billion.…
• Revenue Performance and MixImportance 54 · Surprise 40
  Fiscal 2026 revenue increased 12% to $63.325 billion, with product revenue rising 16% to $48.295 billion and services revenue declining $16 million to $15.030 billion. Product mix increased to 76.3% of revenue from…
• Income Tax Rate ChangesImportance 53 · Surprise 82
  Cisco's effective tax rate increased to 17.1% in fiscal 2026 from 8.3% in fiscal 2025. The increase primarily reflected the absence of a $720 million fiscal 2025 tax benefit related to a U.S. Tax Court opinion on…
• Restructuring and HeadcountImportance 51 · Surprise 50
  Cisco recorded $693 million of restructuring and other charges in fiscal 2026, compared with $744 million in fiscal 2025. A fourth-quarter fiscal 2026 restructuring plan targets investments in silicon, optics,…
• Contractual ObligationsImportance 49 · Surprise 6
  Cisco reported $51.075 billion of contractual obligations at July 25, 2026, plus $2.424 billion of obligations with uncertain payment timing. Inventory commitments with contract manufacturers and suppliers represented…
• Operating Expense TrendsImportance 42 · Surprise 14
  R&D expense increased 3% to $9.563 billion, driven by higher AI-related headcount, discretionary spending, and share-based compensation, partially offset by lower acquisition-related and contracted-services costs.…
• Capital Return ProgramImportance 42 · Surprise 14
  Cisco returned $12.659 billion to stockholders in fiscal 2026 through $6.553 billion of dividends and $6.106 billion of common-stock repurchases. Dividends paid increased from $6.437 billion in fiscal 2025, and the…
• Liquidity and Cash PositionImportance 42 · Surprise 14
  Cash, cash equivalents, and investments totaled $15.918 billion at July 25, 2026, down $192 million from fiscal 2025, including $7.218 billion of cash and cash equivalents. Fiscal 2026 operating cash flow was $14.177…
• Geographic Revenue PerformanceImportance 41 · Surprise 22
  Americas revenue increased $4.143 billion to $37.799 billion, representing 59.7% of fiscal 2026 revenue. EMEA revenue increased $1.789 billion to $16.613 billion and remained 26.2% of total revenue, while APJC revenue…
• Trade Policy and TariffsImportance 37 · Surprise 42
  Cisco identified trade policy as a continuing challenge in its fiscal 2026 operating environment. The company is exposed to new and proposed tariffs and other trade policies, although the scope and financial impact…
• Competition And Pricing PressureImportance 32 · Surprise 24
  Cisco continues to operate in a highly competitive and complex environment, particularly concerning memory constraints and costs and trade policy. Product gross margin was pressured by product mix, with higher…
• FX / Currency HeadwindsImportance 18 · Surprise 14
  Foreign-currency fluctuations, net of hedging, increased Cisco's combined R&D, sales and marketing, and G&A expenses by approximately $195 million in fiscal 2026. The increase represented 0.8% of those operating…
• Interest Rate and Refinancing ExposureImportance 18 · Surprise 14
  Interest income declined by $135 million in fiscal 2026 because Cisco held lower average cash and available-for-sale debt investments and experienced lower interest rates. Interest expense decreased by $123 million,…
• Gross Margin DriversImportance 13 · Surprise 6
  Total gross margin declined 0.4 percentage points to 64.5% in fiscal 2026, as product gross margin fell 0.5 points to 63.2% while services gross margin increased 0.3 points to 68.8%. Product mix reduced product gross…