Cisco Reports Record Q2 Revenue, Strong Earnings Driven by AI Orders and Splunk Integration

Cisco Systems, Inc. reported robust financial results for the second quarter of fiscal 2026, exceeding expectations with record revenue of $15.1 billion and non-GAAP EPS of $1.02. This strong performance was primarily driven by significant artificial intelligence (AI) infrastructure orders totaling $1.3 billion from webscale customers. The successful integration of its Splunk acquisition also played a crucial role in bolstering the company's growth. Following the announcement, CSCO shares rose by 0.65%, reflecting positive investor sentiment. The stock reached a new 52-week high, underscoring the market's confidence in Cisco's strategic direction. These results highlight Cisco's strong momentum in key growth areas like AI and cybersecurity.