Cisco CEO Chuck Robbins will speak at the Business Roundtable CEO Workforce Forum held in Washington on June 17, 2025.
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Cisco On Wednesday, it reported results of publishing quarterly guidance that slightly exceeded analyst expectations and was better than expected.
Here’s how the company did it compared to the LSEG consensus:
Earnings per share: Adjusted 99 cents vs. 98 cents forecast: $14,670 million vs. $14,620 million
Revenues rose 7.6% year-on-year for the quarter ended July 26th, according to the statement. Net income rose to $2.82 billion (71 cents per share) from $2.16 billion in the same quarter a year ago, or 54 cents per share.
Management called revenues of 97 to 99 cents per share in first quarter adjusted revenues at $1.4855 billion. Analysts surveyed by LSEG were expecting revenues of $14.62 billion at 97 cents per share.
For the entire fiscal year 2026, Cisco forecasts revenues of between $4-$4.06 per share, with $59 billion to $60 billion. The LSEG consensus was $4.03 per share and revenue of $5,959 billion.
“We have made tariffs somewhat clearer, but we are still operating in a complex environment,” Cisco finance chief Mark Patterson said in a conference call with analysts.
In the fourth quarter, Cisco generated $7.63 billion in networking revenue, up 12%. The analyst voted on by StreetAccount was looking for $7.34 billion.
Cisco’s security revenue totaled $1.95 billion for the quarter, up 9%, with StreetAccount estimates of $21.1 billion.
During the quarter, Cisco said it will work with a partnership investing in artificial intelligence infrastructure. Black Rock, Microsoft Other companies. I participated in the Stargate Data Center initiative for the Middle East, including Openai and SoftBank. The company has introduced switches and routers that can take on AI workloads.
CEO Chuck Robbins said Cisco is in the planning stage for its sovereign infrastructure project.
“We haven’t received orders from them yet,” he said. “We were in the planning stage with them. They’re clearly working on getting a GPU license.”
According to Robbins, AI infrastructure orders from web companies reached $800 million in quarter. The total for fiscal year 2025 exceeded $2 billion, more than double the company’s target. Robbins said the back-end network that connects graphics processing units was allocated approximately $1 billion in orders for the fiscal year.
Cisco’s AI infrastructure sales pipeline from Enterprise has reached hundreds of millions of dollars, he said.
“I don’t think AI is a fleeting trend,” Robbins said.
With the market closure on Wednesday, Cisco stocks rose 19% in 2025, while the S&P 500 rose about 10%.
Watch: TAL LIANI: We are in the infrastructure cycle boom driven by AI and data growth
