Cisco Systems earnings beat estimates

Cisco reported adjusted EPS of $1.40 and revenue of $18.52 billion for Q1 FY 2027 and raised FY27 revenue and non-GAAP EPS guidance

Key takeaways

• Cisco reported adjusted EPS of $1.40 against the analyst consensus estimate of $1.35.
• Q1 FY 2027 revenue was $18.52 billion, up 24% year over year, with Networking up 43%.
• Cisco raised FY 2027 guidance to revenue of $74.8 billion – $75.8 billion and non-GAAP EPS of $5.47 – $5.53.

Cisco Systems earnings beat estimates, with Adjusted EPS of $1.40 beat the analyst consensus estimate of $1.35 and Revenue of $18.52 billion beat the analyst consensus estimate of $18.52 billion. Cisco said non-GAAP EPS rose 40% year over year in the first quarter of fiscal 2027. Revenue of $18.52 billion was up 24% year over year. The quarter ended October 24, 2026.

According to the release, Cisco raised its FY27 revenue and non-GAAP EPS guidance. It also raised its expectation for AI infrastructure revenue from hyperscalers to $9 billion in FY27, more than double the total for FY26.

Cisco Systems earnings: the details

• “In Q1, we delivered the strongest revenue and non-GAAP earnings per share growth rates for Cisco in over 15 years,” said Chuck Robbins, chair and CEO of Cisco.
• “The strength of our Q1 performance gives us confidence to raise our revenue and non-GAAP EPS guidance for FY27,” said Mark Patterson, CFO of Cisco.