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Carolina Milanesi: Cisco reports record Q3 FY26 revenue of $15.8 billion

Carolina Milanesi: Cisco reports record Q3 FY26 revenue of $15.8 billion
Cisco Q3 FY26 revenue hits record

Carolina Milanesi reports that Cisco has posted record revenue of $15.8 billion for Q3 FY26, representing a 12% increase and surpassing the top end of its guidance.

Milanesi highlights that attention is focused on the company’s AI infrastructure segment, as Cisco raised its FY26 orders guidance to $9 billion from $5 billion and increased its revenue projection to $4 billion from $3 billion, effectively nearly doubling expectations for its AI business.

Earlier this year, Carolina Milanesi reported that only 28 cents of each new AI dollar represents net-new IT budget, with most spending reallocated from existing projects (article). She also noted that Copilot weekly engagement now matches Outlook, identifying user satisfaction as the next focus metric (article). These observations provide context for Cisco's increased emphasis on AI infrastructure in its latest results.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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