By Rafael Müller
Publication Date: 2026-09-30 11:41:00
Cisco Systems stock (ISIN US17275R1023) was at EUR 94.06 at Lang & Schwarz on September 30, 2026 at 1:35 p.m. CEST, down 0.29 percent from the EUR 94.33 prior close. The company delivered fiscal fourth-quarter revenue of USD 17.252 billion, up 18.00 percent year over year, according to Yahoo Finance on September 11, 2026.
AI orders reshape Cisco growth
Fiscal 2026 hyperscaler AI infrastructure orders reached USD 9.3 billion, 4.50 times the fiscal 2025 level. Cisco also reported USD 32.1 billion in annualized recurring revenue, up 3.00 percent year over year, while remaining performance obligations rose 7.00 percent to USD 46.7 billion, Yahoo Finance reported.
Networking revenue increased 28.00 percent to USD 9.791 billion in the quarter. Security revenue rose 14.00 percent to USD 2.226 billion, giving the growth story a second operating leg beyond AI infrastructure.
Margins face hardware pressure
Non-GAAP gross margin fell 210 basis points year over year to 66.30 percent, but…
