U.S. COMPANY FILING
CISCO SYSTEMS, INC. — Form 10-Q filed 2026-05-19
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Cisco's fiscal Q3 2026 revenue rose 12% YoY to $15.84B, with net income up 35% to $3.37B and diluted EPS up 37% to $0.85. Product revenue grew 17%, driven by Networking up 25% on AI infrastructure and campus networking. Gross margin declined 2.0 pts due to product mix and higher memory costs. The company announced a restructuring plan with Q4 charges of ~$450M and total up to $1B.
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