Cisco CEO Chuck Robbins speaks on the Enterprise Roundtable CEO Workforce Discussion board in Washington on June 17, 2025.
Al Drago | Bloomberg | Getty Pictures
Cisco reported outcomes on Wednesday that narrowly exceeded analysts’ expectations and issued quarterly steering that was additionally higher than anticipated.
This is how the corporate did compared with LSEG consensus:
- Earnings per share: 99 cents adjusted vs. 98 cents anticipated
- Income: $14.67 billion vs. $14.62 billion anticipated
Income elevated 7.6% 12 months over 12 months within the quarter, which ended on July 26, in response to a assertion. Internet revenue rose to $2.82 billion, or 71 cents per share, from $2.16 billion, or 54 cents per share, in the identical quarter a 12 months in the past.
Administration referred to as for 97 cents to 99 cents in fiscal firsœt-quarter adjusted earnings per share on $14.65 billion to $14.85 billion in income. Analysts surveyed by LSEG had been anticipating 97 cents per share on $14.62 billion in income.
For the total 2026 fiscal 12 months, Cisco forecast $4 to $4.06 in adjusted earnings per share and $59 billion to $60 billion in income. The LSEG consensus was for earnings of $4.03 a share and $59.53 billion in income.
“Whereas we’ve got some readability on tariffs, we’re nonetheless working in a fancy surroundings,” Mark Patterson, Cisco’s finance chief, mentioned on a convention name with analysts.
Within the fiscal fourth quarter, Cisco generated $7.63 billion in networking income, up 12%. Analysts polled by StreetAccount had been on the lookout for $7.34 billion.
Cisco’s safety income for the quarter totaled $1.95 billion, up 9% and trailing the StreetAccount estimate of $2.11 billion.
Throughout the quarter, Cisco mentioned it would collaborate with a partnership to put money into synthetic intelligence infrastructure, alongside BlackRock, Microsoft and different firms. It joined a Stargate knowledge heart initiative for the Center East that entails OpenAI and SoftBank. And the corporate launched switches and routers that may tackle AI workloads.
Cisco is within the planning phases on sovereign infrastructure initiatives. “
“We have now not taken any orders from them but,” CEO Chuck Robbins mentioned on the decision. “We have been within the planning phases with them. They’re clearly working by getting the licenses for the GPUs.”
AI infrastructure orders from net firms within the quarter reached $800 million, Robbins mentioned. The entire for the 2025 fiscal 12 months was over $2 billion, greater than double the corporate’s purpose, he mentioned. About $1 billion of these orders for the fiscal 12 months had been earmarked for back-end networks that join graphics processing models, Robbins mentioned.
Cisco’s AI infrastructure gross sales pipeline from enterprises is within the lots of of thousands and thousands of {dollars}, he mentioned.
“I do not really feel like AI’s a fleeting pattern,” Robbins mentioned.
At market shut on Wednesday, Cisco shares are up 19% in 2025, whereas the S&P 500 has gained about 10%.
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