CSCO Q4 2025

Q2 2026 Q1 2026 Q4 2025 Q3 2025

Earnings

Cisco Systems closed fiscal 2025 on a high note, with fourth-quarter results that edged past Wall Street expectations on both the top and bottom lines. The networking giant posted non-GAAP EPS of $0.99, beating the $0.98 consensus estimate by 1.02%, … Read more Cisco Systems closed fiscal 2025 on a high note, with fourth-quarter results that edged past Wall Street expectations on both the top and bottom lines. The networking giant posted non-GAAP EPS of $0.99, beating the $0.98 consensus estimate by 1.02%, while revenue of $14.67 billion topped the $14.64 billion estimate and grew 7.6% year over year, landing at the high end of the company's own guidance range. The standout driver of the quarter was surging AI infrastructure demand, with orders from webscale customers exceeding $800 million in Q4 alone and pushing the full-year total past $2 billion, more than double Cisco's original $1 billion target. Product revenue led the way with 10% growth, anchored by a 12% gain in Networking, while non-GAAP gross margins expanded to 68.4% from 67.9% a year ago, reflecting disciplined cost management. As broader AI data center supply chains navigate near-term component constraints, Cisco's order momentum suggests robust demand ahead; the company guided full-year FY2026 revenue of $59 billion to $60 billion and non-GAAP EPS of $4.00 to $4.06.