By Unknown
Publication Date: 2026-03-23 20:13:00
Cisco SystemsCSCO is expanding its portfolio to boost Security revenues, which dropped 4% year over year to $2.01 billion in the second quarter of fiscal 2026. Customers are shifting to cloud subscriptions from on-premise deals for Splunk, and lower revenues from prior generation products are negatively impacting top-line growth.
Cisco’s new and refreshed products, which comprise roughly one-third of its security portfolio, are expected to help revive top-line growth. Solutions like SecureAccess, XDR, Hypershield, AI Defense and refreshed firewalls are driving order growth. In the second quarter of fiscal 2026, Cisco saw double-digit growth in demand for next-gen firewalls, and roughly 4,000 customers have purchased a new product since launch.
For Secure Access, Cisco booked more than 2.5 million users in the fiscal second quarter, and more than 50% of added customers were new logos. As the adoption of AI tools grows and Agentic AI increases at the network edge, the company…
