Cisco Systems Inc. (ticker: CSCO) reported second-quarter fiscal 2026 results. Revenue was $15.35 billion, up 9.7% year-over-year. Gross profit reached $9.97 billion, rising 9.5% versus the prior year. Operating profit improved to $3.78 billion, a 21.5% increase, and net income attributable to common shareholders was $3.18 billion, up 30.8%. Diluted earnings per share were $0.80, a 31.2% year-over-year gain.
Results compared with consensus: reported revenue came in slightly below the estimate of $15.42 billion, and reported diluted EPS of $0.80 was below the consensus estimate of $1.04.
The quarter shows clear improvement in profitability metrics, with strong operating-profit and net-income growth. At the same time, operating cash flow weakened and cash balances declined year-over-year, while capital spending increased, suggesting a mix of earnings strength and cash-flow headwinds to monitor going forward.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Cisco Systems Inc. Insider Trading Activity
Cisco Systems Inc. insiders have traded $CSCO stock on the open market 47 times in the past 6 months. Of those trades, 0 have been purchases and 47 have been sales.
Here’s a breakdown of recent trading of $CSCO stock by insiders over the last 6 months:
- CHARLES ROBBINS (Chair and CEO) has made 0 purchases and 10 sales selling 632,989 shares for an estimated $49,007,695.
- DEBORAH L STAHLKOPF (EVP and Chief Legal Officer) has made 0 purchases and 9 sales selling 177,105 shares for an estimated $13,651,730.
- JEETENDRA I PATEL (President and CPO) has made 0 purchases and 6 sales selling 172,957 shares for an estimated $13,363,638.
- MARK PATTERSON (EVP and CFO) has made 0 purchases and 3 sales selling 76,146 shares for an estimated $5,811,494.
- THIMAYA K. SUBAIYA (EVP, Operations) has made 0 purchases and 5 sales selling 67,038 shares for an estimated $5,146,408.
- OLIVER TUSZIK (EVP, Global Sales) has made 0 purchases and 5 sales selling 36,319 shares for an estimated $2,665,038.
- MICHAEL D CAPELLAS has made 0 purchases and 2 sales selling 27,000 shares for an estimated $2,084,854.
- MARIA VICTORIA WONG (SVP & Chief Acctg Officer) has made 0 purchases and 6 sales selling 14,294 shares for an estimated $1,057,507.
- KRISTINA M JOHNSON sold 13,481 shares for an estimated $1,039,844
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
Cisco Systems Inc. Hedge Fund Activity
We have seen 1,656 institutional investors add shares of Cisco Systems Inc. stock to their portfolio, and 1,614 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC added 30,915,503 shares (+75.7%) to their portfolio in Q3 2025, for an estimated $2,115,238,715
- FMR LLC removed 19,588,307 shares (-21.0%) from their portfolio in Q3 2025, for an estimated $1,340,231,964
- KINGSTONE CAPITAL PARTNERS TEXAS, LLC removed 13,037,497 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $892,025,544
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 9,648,265 shares (+110.2%) to their portfolio in Q3 2025, for an estimated $660,134,291
- CITADEL ADVISORS LLC removed 7,882,031 shares (-86.5%) from their portfolio in Q3 2025, for an estimated $539,288,561
- FRANKLIN RESOURCES INC added 7,679,422 shares (+18.0%) to their portfolio in Q4 2025, for an estimated $591,545,876
- JPMORGAN CHASE & CO removed 6,816,799 shares (-18.3%) from their portfolio in Q4 2025, for an estimated $525,098,026
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Cisco Systems Inc. Government Contracts
We have seen $10,428,330 of award payments to $CSCO over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
- DOS REMOTE WI-FI MONITORING: $9,299,832
- CISCO MAINTENANCE DELIVERY ORDER: INFINTEVISION/STRONGLEPTON: $787,809
- CISCO MAINTENANCE TASK ORDER: $299,288
- INTERNET SERVICES: $30,000
- LICENSE FOR SLIDO AUDIENCE ENGAGEMENT PLATFORM TO SUPPORT INTERACTIVE Q&A, POLLING, AND REAL-TIME FEEDBACK ...: $11,400
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.
Cisco Systems Inc. Congressional Stock Trading
Members of Congress have traded $CSCO stock 6 times in the past 6 months. Of those trades, 4 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $CSCO stock by members of Congress over the last 6 months:
- REPRESENTATIVE RICHARD MCCORMICK purchased up to $15,000 on 11/05.
- REPRESENTATIVE LINDA T. SÁNCHEZ sold up to $15,000 on 10/28.
- REPRESENTATIVE JARED MOSKOWITZ has traded it 3 times. They made 3 purchases worth up to $80,000 on 10/10 and 0 sales.
- REPRESENTATIVE VAL T. HOYLE sold up to $15,000 on 09/23.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
Cisco Systems Inc. Analyst Ratings
Wall Street analysts have issued reports on $CSCO in the last several months. We have seen 9 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Morgan Stanley issued a "Overweight" rating on 12/17/2025
- B of A Securities issued a "Buy" rating on 11/13/2025
- Melius Research issued a "Buy" rating on 11/13/2025
- Keybanc issued a "Overweight" rating on 11/13/2025
- Rosenblatt issued a "Buy" rating on 11/13/2025
- Citigroup issued a "Buy" rating on 11/13/2025
- JP Morgan issued a "Overweight" rating on 11/13/2025
To track analyst ratings and price targets for Cisco Systems Inc., check out Quiver Quantitative's $CSCO forecast page.
Cisco Systems Inc. Price Targets
Multiple analysts have issued price targets for $CSCO recently. We have seen 12 analysts offer price targets for $CSCO in the last 6 months, with a median target of $90.5.
Here are some recent targets:
- Amit Daryanani from Evercore ISI Group set a target price of $100.0 on 01/26/2026
- Meta Marshall from Morgan Stanley set a target price of $91.0 on 12/17/2025
- Tal Liani from B of A Securities set a target price of $95.0 on 11/13/2025
- Ben Reitzes from Melius Research set a target price of $100.0 on 11/13/2025
- Brandon Nispel from Keybanc set a target price of $87.0 on 11/13/2025
- Mike Genovese from Rosenblatt set a target price of $100.0 on 11/13/2025
- Aaron Rakers from Wells Fargo set a target price of $95.0 on 11/13/2025
