Cisco CEO Chuck Robbins presented at the World Economic Forum in Davos, Switzerland on Jan. 21, 2026. Cisco reported strong quarterly results, with earnings per share at $1.04 and revenue at $15.35 billion, beating expectations. Despite this, the stock fell 7% in after-hours trading as the earnings guidance for the current period only met estimates. Cisco’s net income rose to $3.18 billion from $2.43 billion a year ago. The company expects $1.02 to $1.04 in adjusted earnings per share and $15.4 billion to $15.6 billion in revenue for the current period, falling in line with analyst estimates. Cisco’s core networking revenue grew 21% to $8.3 billion, exceeding expectations. Cisco is aiming for $4.13 to $4.17 in adjusted earnings per share and $61.2 billion to $61.7 billion in revenue for the 2026 fiscal year. Cisco is positioning itself to take a more significant role in the artificial intelligence sector, with $2.1 billion in AI infrastructure orders during the quarter. Cisco is also collaborating on AI infrastructure projects in Saudi Arabia and launching a networking switch with an Nvidia chip.

Read more at CNBC: Cisco (CSCO) Q2 earnings report 2026