Briefing.com
04:14 PM EST, 11/12/2025
Cisco beats by $0.02, reports revs in-line; guides JanQ EPS above consensus, revs above consensus; guides FY26 EPS above consensus, revs above consensus
+3.14%
Reports Q1 (Oct) earnings of $1.00 per share, excluding non-recurring items, $0.02 better than the FactSet Consensus of $0.98; revenues rose 7.5% year/year to $14.88 bln vs the $14.78 bln FactSet Consensus.Co reports Q1 non-GAAP operating margin of 34.4% vs 33-34% prior guidance.Remaining Performance Obligations (RPO): $42.9 bln, up 7% in total. Product RPO was up 10%, of which long-term RPO was $11.8 billion, up 13%. Services RPO was up 4%.Growth in product orders across all geographies and customer markets, demonstrating strong demand for Cisco's technologies. Product orders up 13% yr/yr, with double-digit growth in Networking product orders for the fifth consecutive quarter.AI Infrastructure orders taken from hyperscaler customers totaled $1.3 bln, reflecting a significant acceleration in growth. Major multi-year, multi-billion-dollar campus networking refresh cycle underway. All technologies within campus networking (switching, routing, wireless and IoT) saw accelerated order growth in Q1. All next-generation solutions including smart switches, secure routers and WiFi 7 products are ramping faster than prior product launches.Co issues upside guidance for Q2 (Jan), sees EPS of $1.01-1.03, excluding non-recurring items, vs. $0.98 FactSet Consensus; sees Q2 revs of $15.00-15.20 bln vs. $14.62 bln FactSet Consensus.Co guides to Q2 non-GAAP operating margin of 33.5-34.5%. Co issues upside guidance for FY26, sees EPS of $4.08-4.14, excluding non-recurring items, vs. $4.04 FactSet Consensus and vs $4.00-4.06 prior guidance; sees FY26 revs of $60.20-61.00 bln vs. $59.64 bln FactSet Consensus and vs $59-60 bln prior guidance. |
