By Nalak Das
Publication Date: 2026-10-09 12:52:00
Cisco Systems Inc. CSCO has been benefiting from strong product orders from hyperscalers, enterprises, service providers, the public sector and cloud customers. In fiscal 2026, CSCO generated record-high revenues primarily due to its networking portfolio, powered by Silicon One, AI-native security solutions and operating systems. Increasing AI workloads at the network edge and the emergence of physical AI are benefiting the industrial IoT portfolio.
The chart below shows the price performance of CSCO year to date.
Image Source: Zacks Investment Research
CSCO Rides on AI Networking Strength
Cisco closed fiscal 2026 with $9.3 billion in hyperscaler AI infrastructure orders, about 4.5 times fiscal 2025, and roughly $4 billion in related revenues. CSCO expects hyperscaler AI revenues to reach $7.5 billion in fiscal 2027. In the fourth quarter of fiscal 2026, networking product orders rose 40% year over year,…
