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Cisco’s AI Orders Hit $9.3 Billion — A New Networking Powerhouse Emerges!

Cisco Systems delivered its strongest financial performance in 30 years during fiscal 2026, recording a 12% year-over-year revenue increase to over $63 billion and achieving record operating margin and earnings per employee. The fourth quarter further highlighted this momentum with revenues reaching $17.3 billion—an 18% year-over-year growth—and product revenue up 24%. Net income rose 23%, demonstrating effective operating leverage, while free cash flow supported $12.7 billion in shareholder returns through dividends and share repurchases, representing 99% of free cash flow for the year. The company benefited from broad-based global demand with significant contributions from hyperscale customers, service providers, enterprise clients, and the public sector. Notably, hyperscale orders grew by triple digits, largely driven by AI infrastructure needs, reaching $9.3 billion in fiscal 2026, approximately 4.5 times the prior year.