By Futurum Research
Publication Date: 2025-11-14 00:00:00
Analyst(s): Futurum Research
Publication Date: November 14, 2025
Cisco’s Q1 FY 2026 showed stronger demand for AI infrastructure and campus networking, supported by broad-based order growth across geographies and customer segments. Security performance reflected a portfolio transition as Splunk-related revenue shifted to cloud subscriptions, expanding recurring revenue visibility.
What is Covered in this Article:
- Cisco’s Q1 FY 2026 financial results
- AI infrastructure momentum and hyperscaler demand
- Enterprise campus refresh and edge readiness
- Security and Splunk’s cloud transition dynamics
- Guidance and Final Thoughts
The News: Cisco Systems (NASDAQ: CSCO) reported Q1 FY 2026 results. Revenue was $14.9 billion, up 8% year over year (YoY), versus the Wall Street consensus of $14.8 billion. Product revenue was $11.1 billion, up 10% YoY, and services revenue was $3.8 billion, up 2% YoY. By group, Networking was $7.8 billion (+15% YoY), Security $2.0 billion (-2% YoY),…
