StocksMedium•12 November 2026•
1 min read
Cisco Stock Surges on Record $18.5B Revenue and Upgraded AI Guidance
Key Facts
1Cisco reported record Q1 revenue of $18.5 billion, up 24% year-over-year.
2The company raised its expectation for AI infrastructure revenue from hyperscalers to $9 billion for FY27.
3Non-GAAP earnings per share reached $1.40, increasing 40% compared to the previous year.
Cisco reported record Q1 FY2027 revenue of $18.5 billion, marking a 24% increase year-over-year. According to a company statement via PR Newswire, non-GAAP earnings per share reached $1.40, a 40% increase compared to the previous year's performance.
The company raised its AI infrastructure revenue guidance from hyperscale customers to $9 billion for fiscal year 2027, citing strong demand across all geographic segments. CSCO closed at $100.76 on November 11, 2026, having traded between a low of $99.63 and a high of $102.3 during that session.