By Nalak Das
Publication Date: 2026-05-18 12:40:00
Cisco Systems Inc. CSCO has been benefiting from strong product orders from hyperscalers, enterprises, service providers, the public sector and cloud customers. The company reported blowout third-quarter fiscal 2026 earnings results.
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. Consequently, the stock price jumped.
Image Source: Zacks Investment Research
CSCO Rides on AI Networking Strength
Networking revenues were $8.82 million, up 25% year over year, highlighting accelerating demand for the company’s switching and routing portfolio. That strength aligned with management’s view that customers are modernizing networks to handle AI-driven traffic growth and campus refresh cycles.
Cisco pointed to…
