Cisco Reports Strong Q1 FY 2026 Earnings

Cisco ( (CSCO) ) has released its Q1 earnings. Here is a breakdown of the information Cisco presented to its investors.

Cisco Systems, Inc., a global leader in networking and cybersecurity solutions, has reported robust financial results for the first quarter of fiscal year 2026, highlighting its strong position in the technology sector. The company, known for its innovative AI-powered solutions, continues to drive digital transformation across industries.

In its latest earnings report, Cisco announced a revenue of $14.9 billion for Q1 FY 2026, marking an 8% increase from the previous year. The company’s GAAP earnings per share (EPS) rose by 6% to $0.72, while non-GAAP EPS saw a 10% increase to $1.00, both surpassing the company’s guidance. Cisco’s performance was bolstered by strong demand across all geographic regions and customer markets, particularly in networking products, which experienced a 15% growth.

Key highlights from the report include a significant 13% year-over-year increase in product orders, with notable contributions from AI infrastructure orders totaling $1.3 billion. Cisco is also undergoing a major campus networking refresh cycle, which is expected to drive future growth. The company’s operating margins remained strong, with GAAP and non-GAAP operating margins at 22.6% and 34.4%, respectively.

Looking ahead, Cisco has provided guidance for Q2 FY 2026, with expected revenue between $15.0 billion and $15.2 billion and non-GAAP EPS ranging from $1.01 to $1.03. For the full fiscal year 2026, the company anticipates revenue between $60.2 billion and $61.0 billion, with non-GAAP EPS projected to be between $4.08 and $4.14. Cisco’s management remains focused on capitalizing on growth opportunities, particularly in AI and networking, while maintaining a strong emphasis on profitable growth and capital returns.