Cisco (CSCO) Q1 2026 10-Q Quarterly Report

Filed: Feb 17, 2026Period ending Jan 24, 2026
Industrials
Computer Communications EquipmentSEC EDGAR

Cisco (CSCO) 10-Q quarterly report for Q1 2026, filed with SEC EDGAR on Feb 17, 2026 for the fiscal period ending Jan 24, 2026. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

Cisco Q1 2026 10-Q Analysis

Management Discussion & Analysis

  • Revenue $15.3B, up 10% YoY; product revenue up 14%, services down 1% in Q2 FY26 vs Q2 FY25
  • Operating margin 24.6% vs 22.3% YoY; gross margin stable at 65.0% vs 65.1% YoY
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Risk Factors

  • Supply chain risk materially updated: memory component constraints and increased purchase commitments in fiscal 2025 and H1 fiscal 2026 impacting gross margins
  • AI-related legal and regulatory risk newly emphasized due to evolving laws (e.g., EU legislation) and ongoing AI product development costs and uncertainties
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Cisco Q1 2026 Quarterly Financials
XBRL

Revenue

$15.3B

+9.7% YoY +3.1% QoQ

Net Income

$3.2B

+30.8% YoY +11.0% QoQ

Gross Margin

65.0%

-15bp YoY -51bp QoQ

Operating Margin

24.6%

+238bp YoY +204bp QoQ

Net Margin

20.7%

+333bp YoY +147bp QoQ

ROE

6.7%

+55bp QoQ

Total Assets

$123.4B

+1.9% QoQ

EPS (Diluted)

$0.79

+31.7% YoY +9.7% QoQ

Operating Cash Flow

$1.8B

-18.7% YoY -43.3% QoQ

Source: XBRL data from Cisco Q1 2026 10-Q filing on SEC EDGAR. All figures in USD.

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