Cisco posted record Q3 revenue of $15.8 bn, up 12% YoY, beating consensus $15.54 bn, and adjusted net income $4.2 bn.
Shares jumped 11% in extended trading as the company announced a $1 bn restructuring charge and up to 5% workforce reduction.
Cisco expects FY2026 revenue of $62.8‑$63 bn, revising up from $61.2‑$61.7 bn, with $450 m of charges recognized in Q4 FY2026.
CEO Chuck Robbins highlighted Cisco’s role as critical AI infrastructure and said the firm is positioned for growth.