CISCO SEES Q1 ADJUSTED EPS OF $1.32-$1.34 VERSUS $1.17 EXPECTED AND Q1 REVENUE OF $18.0 BLN-$18.2 BLN VERSUS $16.84 BLN, AND SEES FY2027 ADJUSTED EPS OF $5.05-$5.11 VERSUS $4.84 EXPECTED ON REVENUE OF $72.2 BLN-$73.4 BLN VERSUS $69.13 BLN.

CISCO POSTED Q4 ADJUSTED EPS OF $1.22, ABOVE THE $1.17 ESTIMATE, WITH REVENUE OF $17.3 BLN VERSUS $16.85 BLN EXPECTED, PRODUCT REVENUE OF $13.46 BLN VERSUS $13.03 BLN, AN ADJUSTED GROSS MARGIN OF 66.3% AND REMAINING PERFORMANCE OBLIGATIONS OF $46.73 BLN, WHILE REPORTING Q4 AI HYPERSCALER ORDERS TOTALING $4 BLN.

CISCO $CSCO Q4’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $17.3B (Est. $16.82B) 🟢; +18% YoY 🔹 Non-GAAP EPS: $1.22 (Est. $1.17) 🟢; +23% YoY 🔹 Adj. Oper Margin: 35.9% 🔹 Adj. Oper Income: $6.2B (Est. $5.85B) 🟢 Raises FY27 Guide: 🔹 Revenue: $72.2B-$73.4B (Est. $68.69B) 🟢 🔹 Adj. EPS: $5.05-$5.11 (Est. $4.80) 🟢 Q1 Guide: 🔹 Revenue: $18.0B-$18.2B (Est. $16.8B) 🟢 🔹 Adj. EPS: $1.32-$1.34 (Est. $1.16) 🟢 🔹 Adj. Gross Margin: 65%-66% 🔹 Adj. Oper Margin: 35.5%-36.5% Segment Revenue: 🔹 Networking: $9.79B; +28% YoY 🔹 Security: $2.23B; +14% YoY 🔹 Collaboration: $1.17B; +12% YoY 🔹 Observability: $275M; +6% YoY Other Q4 Metrics: 🔹 Product Orders: +35% YoY, +25% ex-hyperscalers 🔹 Networking Orders: +40% YoY, 8th straight double-digit qtr 🔹 AI Infra Orders: $4B in Q4, $9.3B in FY26 🔹 RPO: $46.7B; +7% YoY 🔹 Operating Cash Flow: $5.4B; +27% YoY Capital Return: 🔹 Dividend: $0.42/share 🔹 Returned $3.2B to shareholders in Q4 Comments: 🔸 “In fiscal 2026, Cisco achieved its highest productivity metrics in 30 years measured by revenue, non-GAAP operating margin, and earnings per employee.”

Cisco ($CSCO) reports earnings today after the close. The Street wants non-GAAP EPS of $1.17 on $16.8B in revenue, up about 15% year over year. The stock sits near its 52-week high with analysts targeting $130, and after four straight beats the earnings market prices another at 90%.