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Cisco (CSCO) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

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For the quarter ended July 2026, Cisco Systems (CSCO - Free Report) reported revenue of $17.25 billion, up 17.6% over the same period last year. EPS came in at $1.22, compared to $0.99 in the year-ago quarter.

The reported revenue represents a surprise of +2.36% over the Zacks Consensus Estimate of $16.85 billion. With the consensus EPS estimate being $1.17, the EPS surprise was +4.27%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Cisco performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Revenue- Product: $13.46 billion versus $13.06 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +23.6% change.
  • Revenue- Services: $3.79 billion compared to the $3.79 billion average estimate based on five analysts. The reported number represents a change of +0.2% year over year.
  • Revenue- Product- Security: $2.23 billion versus $2.04 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +14% change.
  • Revenue- Product- Observability: $275 million compared to the $276.94 million average estimate based on four analysts. The reported number represents a change of +6.2% year over year.
  • Revenue- Product- Networking: $9.79 billion compared to the $9.7 billion average estimate based on four analysts. The reported number represents a change of +28.3% year over year.
  • Revenue- Product- Collaboration: $1.17 billion compared to the $1.04 billion average estimate based on four analysts. The reported number represents a change of +12% year over year.
  • Non-Gaap Gross Margin- Service: $2.72 billion compared to the $2.69 billion average estimate based on four analysts.
  • Non-Gaap Gross Margin- Product: $8.73 billion versus $8.42 billion estimated by four analysts on average.

View all Key Company Metrics for Cisco here>>>

Shares of Cisco have returned +2.9% over the past month versus the Zacks S&P 500 composite's +2.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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