By Neha Gupta
Publication Date: 2026-05-21 08:41:00
Cisco Systems, Inc. (NASDAQ:CSCO) is one of the top tech stocks in billionaire Ken Fisher’s portfolio. On May 13, Cisco Systems Inc. (NASDAQ:CSCO) delivered solid third-quarter fiscal 2026 results that affirmed the relevance of its technology for connecting and securing artificial intelligence. The company delivered double-digit growth on both the top and bottom lines at the high end of the guidance.
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Revenue reached a record high of $15.8 billion, up 12% year over year, driven by strong demand for broad-based products. Product revenue was up 17%, helping offset a 1% decline in service revenue. Americas remained the company’s biggest market, accounting for 14% of the growth. Amid robust revenue growth, net income on a non-GAAP basis was up 10% to $4.2 billion, as earnings per share also increased 10% to $1.06.
The robust…
