Cisco CEO Chuck Robbins speaks at the Semafor World Economy summit in Washington on April 15, 2026.
Alex Wong | Getty Images
Cisco shares soared in extended trading on Wednesday after the company issued results and guidance that topped Wall Street’s projections.
Here’s how the company did in comparison with LSEG consensus:
Earnings per share: $1.06 adjusted vs. $1.04 expected Revenue: $15.84 billion vs. $15.56 billion expectedRevenue increased 12% in the quarter ended April 25, from $14.15 billion a year earlier, Cisco said in a statement. Net income rose to $3.37 billion, or 85 cents per share, from $2.49 billion, or 62 cents per share, a year earlier.
For the fiscal fourth quarter, Cisco called for $1.16 to $1.18 in adjusted earnings per share on $16.7 billion to $16.9 billion in revenue. Analysts polled by LSEG were looking for $1.07 in adjusted earnings per share on $15.82 billion in revenue.
While Cisco has trailed many of its data center peers in the artificial intelligence race, Wall Street has been rallying to the company’s story of late, pushing the stock to a record late last year, finally surpassing its dot-com high. The shares have continued to climb this year, gaining 33%, topping the Nasdaq’s 14% advance.
During the quarter, Cisco announced switches and routers that use its next-generation processor. The company also debuted a leaderboard for ranking generative AI models based on how their robustness against cybersecurity attacks.
Cisco’s networking revenue increased 25% to $8.82 billion, exceeding the $8.47 billion consensus among analysts polled by StreetAccount. Security revenue was flat at about $2 billion, compared to StreetAccount’s $1.99 billion consensus.
Executives will discuss the results with analysts on a conference call starting at 4:30 p.m. ET.
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