
• Reported GAAP EPS of $0.80 up 31.15% YoY • Reported revenue of $15.35B up 9.71% YoY • Cisco expects Q3 FY26 revenue between $15.4B and $15.6B, with non-GAAP EPS of $1.02 to $1.04. For FY26, Cisco forecasts revenue of $61.2B to $61.7B and non-GAAP EPS of $4.13 to $4.17.
Bullish
Cisco achieved double-digit revenue and EPS growth, exceeding guidance, driven by 18% product order growth and $2.1B in AI infrastructure orders, while strategically acquiring AI companies.
Bearish
Cisco experienced a 19% decrease in operating cash flow to $1.8B, alongside a 1% decline in services revenue and 4% in security revenue, with tariffs impacting guidance.