Cisco Reports Strong Quarter, Raises Forecast as Revenue Hits Record High

Cisco reported record revenue of $15.3 billion for its second fiscal quarter ending January 24, 2026. This result beat analyst expectations of around $15.1 billion and marked a 10% increase from the previous year.

The company recorded a net income of $3.2 billion, or $0.80 per share on a GAAP basis, and adjusted (non-GAAP) earnings of $4.1 billion, or $1.04 per share, also exceeding analyst estimates. Revenue from networking equipment grew by 21% as demand was boosted by enterprise investments related to artificial intelligence.

Cisco raised its full-year revenue and profit outlook, citing strong enterprise demand, especially in the AI segment. Despite these positive results and the upward forecast adjustment, Cisco’s stock price fell between 4% and 7% after the report, as investors reacted to quarterly earnings guidance that was only in line with expectations.

Cisco’s stock fell because its future earnings guidance was just in line with expectations, not significantly above them, even though quarterly results were strong.

The company’s growth is mainly fueled by increased enterprise spending on networking equipment, driven by demand for artificial intelligence technologies.

Yes, Cisco raised its full-year revenue and profit forecasts based on strong demand and quarterly performance.

Both revenue and adjusted profits were higher than analyst estimates for the quarter.

PRNewsWire

Cisco (NASDAQ: CSCO) today reported second quarter results for the period ended January 24, 2026. Cisco reported second quarter revenue of $15.3 billion, net income on a generally accepted accounting principles (GAAP) basis of $3.2 billion or $0.80 per share, and non-GAAP net income of $4.1 billion...

Proactive Investors

Cisco Systems Inc (NASDAQ:CSCO, XETRA:CIS) shares fell about 4% after Wednesday's closing bell as investors weighed up the global technology firm's better-than-expected quarterly report and guidance for the current quarter, which was slightly above consensus estimates. For the quarter, Cisco reporte...

WSJ

The company posted a second-quarter profit of $3.18 billion, up from $2.43 billion a year earlier.

Benzinga

Cisco reported fiscal second-quarter revenue of $15.35 billion, beating analyst estimates of $15.12 billion. The company reported second-quarter adjusted earnings of $1.04 per share, beating analyst estimates of $1.02 per share, according to Benzinga Pro.

Reuters

Cisco Systems raised its full-year revenue and adjusted profit forecasts on Wednesday, driven by robust enterprise spending on its networking equipment amid the artificial intelligence boom.

CNBC

Cisco's fiscal second quarter results came in stronger than analysts had expected, but quarterly earnings guidance was in line with estimates. Networking revenue increased 21% in the period.

Market Watch

The networking company sported AI momentum and delivered a rosy revenue outlook, but that wasn't enough for Wall Street.

Zacks Investment Research

Cisco Systems (CSCO) came out with quarterly earnings of $1.04 per share, beating the Zacks Consensus Estimate of $1.02 per share. This compares to earnings of $0.94 per share a year ago.

Zacks Investment Research

The headline numbers for Cisco (CSCO) give insight into how the company performed in the quarter ended January 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Investors Business Daily

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Seeking Alpha

Cisco Systems, Inc. (CSCO) Q2 2026 Earnings Call Transcript

Invezz

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Invezz

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