Cisco Reports Record Q3 FY26 Revenue of $15.8 Billion, Announces Workforce Reduction
By
ahmedomran8
Right out the toaster. Reliable, with some real depth.
Summary
Cisco announced Q3 FY26 earnings with record revenue of $15.8 billion (up 12% YoY) and double-digit growth. The company also announced a realignment of resources to support strategic investment areas, which includes a workforce reduction. The results come amid a complex environment with rapidly changing markets, intensifying competition, and a global shortage of components critical to supporting their portfolio and AI buildout from customers.
Key quotes
· 3 pulledToday we announced our Q3 FY26 earnings with record revenue of $15.8 billion, up 12 percent year over year, and double-digit top and bottom-line growth.
The ELT and I could not be prouder of the growth you have all delivered for Cisco.
These results are even more impressive given the complex environment we're operating in – a rapidly changing market, with intensifying competition, and a global shortage of components critical to support our portfolio and the AI buildout from our customers.
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