Operations
As of August 13, 2026
Q3 Revenue
↑ 12% YoY
$15.8B
Divisions
Networking
55.6%
Security
12.7%
Collaboration
6.5%
Observability
1.7%
Services
23.5%
Key Earnings Driver
AI Infrastructure Networking revenue increased 25% year over year to $8.8B. Within Networking, Cisco reported $5.3B in AI infrastructure orders year to date through Q3 FY2026, with the company expecting FY2026 AI infrastructure orders to reach $9B and AI infrastructure revenue to reach $4B. Security revenue was flat at $2.0B, Collaboration revenue decreased 1% to $1.0B, Observability revenue increased 3% to $269M, while Services revenue declined 1% to $3.7B.
Key Operating Metrics¹
METRIC
STATUS
Networking↑ 25%
AI Infrastructure
🟢 Scaling
Security→ 0%
🟡 Watch
Services↓ 1%
🟡 Watch
Key Operating Metrics¹: Core operating metrics relevant to revenue, sourced from Cisco website and/or SEC filings for Q3, with status based on reported data.