Cisco reports record Q1 FY27 revenue and raises full‑year outlook
Cisco Systems posted fiscal first‑quarter 2027 revenue of $18.5 billion, up 24% year over year, and non‑GAAP earnings per share of $1.40, a 40% increase. The company lifted its FY2027 revenue guidance to $74.8‑$75.8 billion and its non‑GAAP EPS outlook to $5.47‑$5.53. It also raised its AI‑infrastructure revenue target for the year to about $9 billion.
Why it matters
Cisco says the higher guidance reflects strong AI‑infrastructure demand, which should boost earnings growth for the year (the company expects non‑GAAP EPS of $5.47‑$5.53) and may support continued share buybacks and dividend payments. Investors will see a larger revenue base and higher earnings expectations for FY2027.
Key facts
- 1Q1 FY2027 revenue was $18.5 billion, a 24% increase year over year. prnewswire.com
- 2Non‑GAAP EPS for the quarter was $1.40, a 40% increase year over year. prnewswire.com
- 3FY2027 revenue guidance was raised to $74.8 billion‑$75.8 billion. prnewswire.com
- 4FY2027 non‑GAAP EPS guidance was raised to $5.47‑$5.53 per share. prnewswire.com
- 5AI‑infrastructure revenue expectation for FY2027 was increased to approximately $9 billion. sec.gov
- 6Cisco declared a quarterly dividend of $0.42 per share payable on January 20 2027. prnewswire.com
Summary written by AlphAI AI Desk from 16 of 16 sources. Not investment advice. Figures are as stated by the linked sources.