Cisco announced its fourth quarter and full year results for the 2026 fiscal year on August 13. Q4 revenue reached a record high of US$17.3 billion, up 18% year on year; annual revenue surpassed US$63 billion for the first time, up 12% year on year, and non-GAAP earnings per share increased 14% to US$4.33. The company pointed out that the accelerated adoption of proxy AI is spawning a “network supercycle,” with large-scale customer AI infrastructure orders reaching 9.3 billion US dollars throughout the year, about 4.5 times that of the previous year. Cisco Chairman and CEO Charles Robbins said during the conference call: “We believe the accelerated adoption of proxy artificial intelligence is spawning a cyber supercycle. As customers seek to manage increasing traffic and costs, they are investing in Cisco's networking technology stack for inference tasks in cloud, on-premise, and edge environments. At the same time, the rise of proxy AI is expanding the threat landscape, driving the need for our security and observability solutions to help monitor agent behavior and respond to evolving threats. This presents a unique opportunity for Cisco, and we believe we are at the beginning of this supercycle.”

Cisco announced its fourth quarter and full year results for the 2026 fiscal year on August 13. Q4 revenue reached a record high of US$17.3 billion, up 18% year on year; annual revenue surpassed US$63 billion for the first time, up 12% year on year, and non-GAAP earnings per share increased 14% to US$4.33. The company pointed out that the accelerated adoption of proxy AI is spawning a “network supercycle,” with large-scale customer AI infrastructure orders reaching 9.3 billion US dollars throughout the year, about 4.5 times that of the previous year. Cisco Chairman and CEO Charles Robbins said during the conference call: “We believe the accelerated adoption of proxy artificial intelligence is spawning a cyber supercycle. As customers seek to manage increasing traffic and costs, they are investing in Cisco's networking technology stack for inference tasks in cloud, on-premise, and edge environments. At the same time, the rise of proxy AI is expanding the threat landscape, driving the need for our security and observability solutions to help monitor agent behavior and respond to evolving threats. This presents a unique opportunity for Cisco, and we believe we are at the beginning of this supercycle.”