Cisco delivered strong first quarter fiscal 2026 earnings with solid revenue and earnings per share (EPS) growth driven by increased demand for networking products and accelerated AI infrastructure orders.
The company exceeded its guidance with an 8% revenue increase to $14.9 billion and a 10% rise in non-GAAP EPS to $1.00, highlighting robust operating leverage and expanding margins.
This performance reflects Cisco’s strategic positioning as a critical supplier in the AI era, marked by a growing multi-year campus networking refresh cycle and faster adoption of next-gen solutions like smart switches and WiFi 7 products.
The strong top-line growth in networking, up 15% year over year, and the $1.3 billion in AI infrastructure orders from hyperscale customers underscore Cisco’s role in enabling AI deployment at scale.
Although some segments like security and collaboration saw slight declines, the overarching trend is positive due to AI-driven demand and ongoing technology upgrades across all customer regions.
Cisco’s focus on profitable growth, capital returns through dividends and stock buybacks, and strategic investments signal confidence in sustaining momentum through fiscal 2026.
Looking ahead, Cisco’s guidance for Q2 and the full fiscal year projects continued growth with revenues expected between $15.0 billion and $15.2 billion next quarter and full-year revenue guidance up to $61 billion.
The company’s commitment to AI infrastructure and network modernization positions it well to capitalize on evolving enterprise needs, likely reinforcing its market leadership and supporting shareholder value in a competitive tech landscape.
