CSCO

AI Research

Q2 2026 revenue $15.3B +10% YoY + AI order outlook raised to $5B

Cisco Systems' January-quarter results beat guidance with $15.3 billion in revenue rising 10% year-over-year, and management raised the full-year fiscal 2026 AI order outlook to $5 billion from more than $4 billion. Cisco declared a $0.42 quarterly dividend, up 2% from the prior quarter, payable April 22. The company is taking an early lead in Wi-Fi 7 with the industry's first push, but investors remain watchful of revenue growth sustainability and margin pressures in its competitive networking market, with the stock at $79.