CISCO SYSTEMS, INC. (CSCO): restructuring charge — Cisco Q3 record revenue $15.8B, EPS beat; AI orders outlook raised to $9B; $1B restructuring

CISCO SYSTEMS, INC.

GAAP EPS $0.85 (+37% YoY), non-GAAP EPS $1.06 (+10%); revenue $15.8B (+12%), record high.
AI infrastructure orders YTD $5.3B; FY26 orders outlook raised to $9B (from $5B), revenue to $4B (from $3B).
Announced restructuring plan with pre-tax charges up to $1B, cash-based, to invest in silicon, optics, security, AI; ~$450M in Q4 FY2026.
Q4 FY2026 guidance: revenue $16.7-16.9B, non-GAAP EPS $1.16-1.18; FY2026: revenue $62.8-63.0B, non-GAAP EPS $4.27-4.29.
Quarterly dividend increased to $0.42 per share (from $0.41), payable July 22, 2026 to shareholders of record July 6, 2026.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

CISCO SYSTEMS, INC. reported its fiscal third quarter 2026 ended April 25, 2026 results: revenue $15.8 billion, net income $3.4 billion or $0.85 per share, EPS $0.85. Guidance raised.

Period: its fiscal third quarter 2026 ended April 25, 2026
Revenue: $15.8 billion
Net income: $3.4 billion or $0.85 per share
EPS: $0.85
Guidance: raised
Result: reported results

Exact text from the filing

sambadri@cisco.com CISCO REPORTS THIRD QUARTER EARNINGS News Summary: • Double-digit top and bottom-line growth exceeding the high end of our guidance ◦ Record revenue of $15.8 billion, up 12% year over year; GAAP EPS of $0.85, up 37% year over year; and non-GAAP EPS of $1.06, up 10% year over year ◦ GAAP gross margin of 63.6% and non-GAAP gross margin of

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Restructurings & Charges SEC 8-K Item 2.05/2.06 confidence 0.9

CISCO SYSTEMS, INC. announced a restructuring with charges of up to $1 billion.

Type: restructuring
Charge: up to $1 billion

Exact text from the filing

Cisco currently estimates that it will recognize pre-tax charges to its GAAP financial results of up to $1 billion consisting of severance and other one-time termination benefits, and other costs.

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8 earnings releases filed in the last 30 days. Browse all earnings releases →

CISCO SYSTEMS, INC. filing history →

Source: SEC EDGAR

accession 0000858877-26-000075

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