Cisco Reports 11% Revenue Growth, AI Orders Surpass $12.5B

Cisco Systems, Inc. has announced its financial results for the third quarter of the 2025 fiscal year, which ended on April 26, 2025. The company reported an 11% year-over-year increase in revenue, reaching $141.5 billion. Net income for the quarter rose to $24.9 billion, with GAAP earnings per share at $0.62, a 35% increase compared to the same period last year. Non-GAAP earnings per share stood at $0.96, up 9% year-over-year, both exceeding the upper limit of the guided range.

Cisco's AI infrastructure orders saw a significant milestone, with orders from major internet companies exceeding $12.5 billion, surpassing the $10 billion mark a quarter earlier than anticipated. The networking segment reported an 8% increase in revenue, totaling $70.7 billion. The security products segment experienced a 54% revenue growth, reaching $20.1 billion, slightly below expectations.

Looking ahead, Cisco has forecasted its fourth-quarter revenue to be between $145 billion and $147 billion, with non-GAAP earnings per share projected to be between $0.96 and $0.98. For the full fiscal year 2025, the company expects revenue to range from $565 billion to $567 billion, with non-GAAP earnings per share anticipated to be between $3.77 and $3.79.

Cisco's strong performance in the third quarter can be attributed to its strategic focus on AI infrastructure and its leading position in the enterprise AI market. The company's investments in these areas have opened up new growth opportunities, contributing to its overall revenue growth. The 11% year-over-year revenue increase demonstrates Cisco's ability to leverage emerging trends and technologies, particularly in the AI sector. The company's effective management and operational efficiency are reflected in its GAAP earnings per share, which exceeded market expectations.

Cisco's guidance for the full fiscal year 2025 underscores its confidence in maintaining strong financial performance. The company's strategic investments in AI infrastructure and enterprise solutions position it well to continue driving growth and innovation in the coming quarters. Cisco's resilience and adaptability in a rapidly evolving market are evident in its third-quarter results, highlighting its ability to capitalize on new opportunities and technologies.