Cisco Reports Record Q1 Revenue of $18.5 Billion, Raises FY27 Guidance
Cisco reported Q1 FY27 revenue of $18.5B, up 24% YoY, with GAAP EPS of $1.14 and non-GAAP EPS of $1.40. GAAP net income rose to $4.6B, non-GAAP to $5.6B. The company raised FY27 revenue and non-GAAP EPS guidance. Growth was seen across geographies and product categories, including networking, security, and AI infrastructure.
How this was made
The 30-second read
Why it matters
The raised guidance signals stronger demand across networking, security, and AI infrastructure, likely prompting buying interest.
Market read
Large‑cap tech stock with material earnings beat and guidance raise; immediate trading relevance.
What to watch
Potential supply chain constraints or slower AI spend could temper growth.
Background
Cisco's earnings release provides the first public disclosure of FY27 guidance.
Ticker impact
Cisco reported record Q1 FY27 revenue of $18.5B and raised FY27 revenue and non‑GAAP EPS guidance.
likely upside as investors price in higher revenue and earnings outlook
Record revenue and raised guidance are fresh, material information for a large cap.
Market effects
Boosts outlook for networking and security hardware sector.
Positive for US tech equities and related ADRs.
Reinforces global AI‑infrastructure spending trends.
Counterpoint
Guidance may already be priced in; execution risk could limit upside.
Key entities
- companyCisco Systems, Inc.
Global networking and security equipment provider.
