Cisco Systems Reports Record Q3 2026 Revenue Driven by AI Demand
Cisco Systems achieved a record revenue of $15.8 billion in Q3 2026, reflecting a 12% increase, primarily driven by AI infrastructure demand. The projected AI infrastructure orders for FY 2026 have significantly increased from $5 billion to $9 billion, indicating strong market growth.
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In Q3 2026, Cisco Systems reported a 12% revenue increase to $15.8 billion and a 35% rise in net income to $3.4 billion. The company anticipates AI infrastructure orders from hyperscalers to reach $9 billion for the fiscal year, up from an earlier forecast of $5 billion.
Product orders rose by 35%, with networking revenues increasing by 25% to $8.8 billion. Cisco projects Q4 revenue between $16.7 billion and $16.9 billion, and an adjusted EPS of $1.16 to $1.18. A restructuring initiative is set to incur pre-tax charges of up to $1 billion, affecting over 4,000 jobs, while the operational cash flow decreased by 7% to $3.8 billion due to increased investments in AI infrastructure.
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