Cisco unveiled its financial results for the third quarter of fiscal year 2026, spanning from January 25 to April 25, 2026. According to the report, the quarter's total operating revenue soared to $15.841 billion, reflecting a 12% year-on-year (YoY) growth. The net profit attributable to the parent company stood at $3.373 billion, surging by 35% YoY. Excluding non-recurring items, the net profit reached $4.227 billion, up 10% YoY. Despite a 7% YoY decline in operating cash flow to $3.757 billion, both basic and diluted earnings per share (EPS) climbed to $0.85, representing YoY increases of 35% and 37%, respectively.
In terms of revenue composition, product revenue witnessed a robust 17% YoY increase, while service revenue experienced a slight 1% YoY decrease. Geographically, revenue growth was observed across all regions. The entire product lineup maintained strong demand, with particularly remarkable growth in the AI infrastructure sector. Leveraging this momentum, Cisco has revised upward its projections for AI-related orders and revenue for fiscal year 2026.
Moreover, Cisco returned $2.9 billion to its shareholders during this fiscal quarter. Looking ahead to the next fiscal quarter, the company anticipates revenue to range between $16.7 billion and $16.9 billion, with full-year revenue expected to hit between $62.8 billion and $63 billion.