Cisco Reports $15.8B Q3 Revenue, Boosts AI Infrastructure Projections
Cisco achieved record Q3 fiscal 2026 revenue of $15.8 billion, a 12% increase year-over-year, driven by strong demand for networking and AI infrastructure. The company raised its full-year revenue guidance to between $62.8 billion and $63 billion, reflecting robust enterprise and hyperscaler orders.
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Cisco reported a record revenue of $15.8 billion for Q3 FY26, marking a 12% increase year-over-year. The company raised its full-year fiscal 2026 revenue expectations to between $62.8 billion and $63 billion from previous estimates due to a surge in orders for AI and networking technologies.
Total product orders grew 35%, with networking product orders increasing over 50%. Cisco's GAAP earnings per share reached $0.85, up 37% year-over-year. The company plans to restructure, laying off fewer than 4,000 employees, incurring an estimated $1 billion in charges. Despite potential cost pressures from tariffs, Cisco's financial performance indicates strong momentum in AI and networking sectors, positioning it favorably for future growth.
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