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Cisco Surges 19% in Premarket on Record Revenue and Explosive AI Infrastructure Demand

May 13, 2026 | NASDAQ: CSCO

Cisco is set for one of its best single-day performances in years, jumping 19% in premarket after delivering a quarter that reframes the company's identity — from legacy networking giant to essential AI infrastructure backbone — and raises its AI-related revenue expectations by 80%.

The headline numbers are exceptional. Record quarterly revenue of $15.8 billion grew 12% year-on-year, beating the high end of guidance. GAAP EPS of $0.85 surged 37%, and non-GAAP EPS of $1.06 grew 10%. GAAP operating income rose 24% to $4.0 billion. Net income jumped 35% to $3.4 billion. Every major geographic segment posted growth — Americas up 14%, EMEA up 9%, APJC up 9%.

The numbers driving the 19% premarket move, however, are the order metrics. Total product orders grew 35% year-on-year — and even excluding hyperscalers, orders were up 19%, demonstrating that demand is broad-based rather than concentrated in a handful of mega-customers. Networking product orders accelerated to more than 50% growth year-on-year. Data center switching orders grew more than 40%. Campus networking orders grew more than 25%, with the next-generation portfolio ramping faster than prior product cycles.

The AI infrastructure story is where the real revision happened. Cisco raised its expected fiscal 2026 AI infrastructure orders to $9 billion — nearly double the prior $5 billion expectation. And it raised expected FY26 AI-related revenue to $4 billion, up from $3 billion previously. Year to date, the company has already taken $5.3 billion in AI infrastructure orders. The message is unambiguous: hyperscalers and enterprises are buying Cisco's networking infrastructure to connect and secure AI workloads at a pace that is accelerating, not stabilizing.

The campus networking refresh cycle adds another layer to the growth story. This is the traditional enterprise replacement cycle — companies upgrading aging campus networks — and Cisco is seeing it ramp faster than historical product launches. Combined with the AI-driven data center and hyperscaler demand, Cisco is simultaneously riding two distinct capex waves.

Q4 guidance calls for revenue of $16.7 to $16.9 billion with non-GAAP EPS of $1.16 to $1.18, and full-year revenue guidance was set at $62.8 to $63.0 billion. At $16.7 to $16.9 billion, Q4 would represent another sequential record.

With $16.6 billion in cash, $9.6 billion remaining in buyback authorization, and $2.9 billion returned to shareholders in the quarter alone, the balance sheet is in excellent shape. In a market that has been hungry for concrete proof that AI infrastructure spending is translating into real revenue for networking names, Cisco just delivered the most convincing evidence yet.

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European Investor 05-14-26

Cisco unveiled a new Universal Quantum Switch, a research prototype designed to enable communication between different quantum computing systems and advance the development of quantum networks. The technology allows quantum information to be routed and translated across multiple encoding formats while preserving data integrity, addressing a key challenge in scaling quantum computing.

In early tests, the system demonstrated less than 4% degradation in quantum information fidelity and operated at room temperature using existing telecom infrastructure. Cisco said the innovation represents a major step toward building interconnected quantum systems capable of supporting real-world applications.

The company emphasized that quantum networking will be essential for scaling quantum computing, with the new switch forming part of its broader strategy to develop a full-stack quantum network ecosystem.

Source: PR Newswire

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Global Finance News 04-24-26

Cisco Systems, Inc. reported that industrial artificial intelligence is rapidly moving into real-world operations, though infrastructure and security gaps remain key challenges to scaling adoption.

According to Cisco’s latest global study, around two-thirds of industrial organizations are already deploying AI in live operational environments, with applications spanning automation, predictive maintenance, and logistics. However, many companies face limitations in network readiness, cybersecurity, and collaboration between IT and operational teams.

The report highlights that infrastructure and security are now critical factors determining whether AI can scale effectively in industries such as manufacturing, transportation, and energy.

Cisco said organizations that invest in strong networks, cybersecurity, and IT/OT integration are better positioned to expand AI deployments and capture operational benefits.
PRNewswire

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WS Investor 04-07-26

Cisco reported that strategic investments in wireless infrastructure are delivering strong returns for enterprises, driven by the growing demands of AI, IoT, and high-bandwidth applications.

According to its State of Wireless Report, 80% of organizations have increased wireless spending over the past five years, with more than 80% expecting further increases. Companies investing in modern wireless networks are seeing measurable benefits, including improved operational efficiency (78%), higher employee productivity (75%), and increased customer engagement (75%), with over two-thirds also reporting revenue gains.

The report highlights a “wireless AI paradox,” where AI both boosts network value and introduces challenges such as complexity, security risks, and talent shortages. Organizations that effectively address these issues are significantly more likely to achieve strong returns on their wireless investments.

Cisco emphasized that AI-driven automation is becoming critical, with companies saving hundreds of hours annually per IT employee, while modern Wi-Fi technologies such as Wi-Fi 6E and Wi-Fi 7 are expected to see rapid adoption.
PRNewswire

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Global Finance News 04-03-26

Cisco unveiled a suite of new security solutions designed for the emerging “agentic AI” workforce, aiming to enable secure deployment of autonomous AI agents at scale.

The company introduced Zero Trust extensions for AI agents, including identity management, strict access controls, and real-time monitoring, alongside new tools such as AI Defense Explorer for model testing and DefenseClaw, an open-source secure agent framework.

Cisco also expanded AI capabilities within its Splunk platform to automate security operations, helping organizations detect and respond to threats at machine speed as AI-driven workloads increase.
PRNewswire

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WS Investor 03-23-26

Cisco Systems Inc. Expands AI Infrastructure Partnership with NVIDIA

Cisco Systems Inc. announced an expansion of its Secure AI Factory with NVIDIA, enabling enterprises to deploy and secure AI workloads across both centralized data centers and edge environments.

The updated architecture supports real-time AI inference at the edge—such as in hospitals, factories, and vehicles—while integrating NVIDIA hardware with Cisco networking and security solutions. The platform also enhances performance through high-speed switching and simplifies deployment, reducing implementation timelines from months to weeks.

Additionally, Cisco is embedding advanced security features, including AI Defense and Hybrid Mesh Firewall, to protect AI infrastructure and agent-based systems, addressing growing risks as organizations scale AI from pilot projects to full production.
PRNewswire

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WS Investor 03-17-26

Cisco (NASDAQ: CSCO) has released Splunk’s 2026 CISO Report, highlighting the growing role of agentic AI in strengthening digital resilience as security leaders face increasingly sophisticated cyber threats.

Based on a survey of 650 global Chief Information Security Officers, the report finds that 95% cite the rising sophistication of threat actors as their greatest risk. Nearly all respondents now oversee AI governance and risk management, reflecting the expanding scope of the CISO role.

AI adoption is accelerating across security teams. Ninety-two percent of CISOs said AI enables them to review more security events, while 89% reported improved data correlation. Among organizations that have adopted agentic AI, 39% strongly agreed it has significantly increased reporting speed, compared with 18% still exploring the technology. At the same time, 86% expressed concern that agentic AI could heighten the sophistication of social engineering attacks.

The report also underscores operational pressures, with nearly two-thirds of teams experiencing moderate to significant burnout driven by high alert volumes and false positives. CISOs are prioritizing workforce upskilling and cross-functional collaboration to close skills gaps and improve resilience.

Source: PR Newswire, February 24, 2026.

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Global Finance News 02-24-26

HCLTech and Cisco have launched an enhanced AI-powered Fluid Contact Center solution, combining Cisco’s Webex Contact Center platform with HCLTech’s Contact Center as a Service (CCaaS) transformation expertise.

The solution integrates AI and GenAI capabilities, including multilingual virtual agents, conversational IVR, agent-assist tools, analytics and proactive monitoring. It is designed to support guided migration to cloud-based CCaaS, simplify adoption and improve service responsiveness and operational efficiency.

HCLTech and Cisco aim to help enterprises shift from reactive to predictive customer engagement, enabling smarter, more personalized customer experiences across industries.

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Global Finance News 02-13-26

Cisco Systems, Inc. reported strong fiscal Q2 2026 results, with double-digit revenue and earnings growth above guidance.

Revenue rose 10% year over year to a record $15.3 billion. GAAP net income was $3.2 billion, or $0.80 per share (+31%), while non-GAAP net income reached $4.1 billion, or $1.04 per share (+11%). GAAP gross margin was 65.0% and non-GAAP gross margin 67.5%; GAAP operating margin was 24.6% and non-GAAP operating margin 34.6%, both above the high end of guidance.

Product orders increased 18% year over year, with networking orders up more than 20%. AI infrastructure orders from hyperscalers totaled $2.1 billion, reflecting accelerating demand. Cisco also announced a 2% dividend increase to $0.42 per share.

For Q3 FY2026, Cisco expects revenue of $15.4–$15.6 billion and non-GAAP EPS of $1.02–$1.04. For FY2026, it projects revenue of $61.2–$61.7 billion and non-GAAP EPS of $4.13–$4.17, including the estimated impact of tariffs under current trade policy.

Source: PR Newswire.

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European Investor 02-12-26

Cisco announced an expansion of its AgenticOps portfolio, extending agent-driven IT operations across networking, security and observability as it positions AgenticOps as the operating model for IT in the AI era.

Unveiled at Cisco Live EMEA, the new capabilities apply autonomous, AI-driven execution with built-in human oversight to help organizations automate and scale IT operations while maintaining reliability, accuracy and governance. Cisco said the enhancements leverage deep cross-domain telemetry from its platforms, including networking, security and Splunk observability, to enable closed-loop operations at enterprise scale.

Key updates include autonomous troubleshooting and continuous optimization for campus, branch and industrial networks, early fault detection and prescriptive insights for data center environments, and agentic capabilities for service provider networks. In security, new AgenticOps features add proactive firewall policy recommendations, automated troubleshooting and continuous compliance monitoring. In observability, Splunk gains AI agent monitoring to track the performance, cost and behavior of agentic and large language model applications.

Rollout of the new AgenticOps capabilities will begin in February 2026, with additional features becoming available through mid-2026.

Source: PR Newswire

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WS Investor 02-10-26

06-20-26European Investor

06-06-26The Investor

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