Cisco Q4 Revenue Jumps 18% to $17.3 Billion as AI Orders Hit $9.3 Billion
Updated
Updated · Morningstar · Aug 13
Cisco Q4 Revenue Jumps 18% to $17.3 Billion as AI Orders Hit $9.3 Billion
3 articles · Updated · Morningstar · Aug 13
Summary
$17.3 billion in fourth-quarter revenue topped Cisco’s guidance, with fiscal 2027 pointing to another year of double-digit sales and earnings growth.
$9.3 billion in fiscal 2026 AI orders underpinned that outlook, but Cisco recognized only about $4.0 billion as revenue, leaving backlog to flow into the coming year.
Campus demand also stayed strong, with orders up 20% as customers refreshed aging infrastructure alongside rising AI-related networking and optics spending.
66.3% gross margin and 35.9% operating margin showed profitability remained solid, even as AI hardware costs pressured margins and investors later pushed the stock lower.