Cisco CEO Chuck Robbins appears at the World Economic Forum in Davos, Switzerland, January 21, 2026.
Krisztien Bocsi | Bloomberg | Getty Images
Cisco Shares rose in extended trading Thursday after the networking equipment maker reported better-than-expected fiscal first-quarter results.
Here are the company’s results compared to LSEG consensus estimates:
- EPS: $1.40 adjusted versus $1.33 expected
- Income: $18.5 billion versus $18.1 billion expected.
Revenue increased 24% from $14.88 billion a year earlier, Cisco said in a statement. Net income rose to $4.6 billion, or $1.14 per share, from $2.9 billion, or 72% per share, a year ago.
Cisco is trying to gain a foothold in artificial intelligence development after missing out on the early years of the generative AI boom. The company’s stock price is up about 35% this year as of Thursday’s close, beating the Nasdaq, which has gained 9% during that period.
Cisco raised its expectations for AI infrastructure revenue from hyperscalers to $9 billion this fiscal year, more than double the fiscal 2026 figure.
“Organizations turn to Cisco for our trusted, market-defining technology and expertise to help them scale, secure and optimize their environments for the age of agentic AI,” CEO Chuck Robbins said in the release.
For the fiscal second quarter, Cisco said it expects revenue between $18 billion and $18.2 billion, beating the average analyst estimate of $17.88 billion, according to LSEG. The company forecast adjusted earnings per share of $1.34 to $1.36, beating the average estimate of $1.23.
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