CLAIM #17875 · Cisco Systems Inc (CSCO) · 2026Q1 earnings call · Nov 12, 2025

“What we expect from an orders perspective this year is that we will we're expecting at least two times the orders that we received in fiscal year 2025 from that same set of customers.”

Chuck Robbins · CEO

How to check this claim

Look at: Cumulative fiscal-year 2026 orders from the hyperscale AI infrastructure customer set (same products/customers as measured in FY2025)

It came true if: FY2026 orders from that customer set >= 2x FY2025 orders from that same customer set

Where: Management commentary / disclosed AI infrastructure orders figures on Cisco quarterly earnings calls (Q4 FY2026 call)

Knowable after: 2026-08-15

In context

“d? And have you guys been engaged in deepening kind of super spine or even scale across opportunities? In the web scale vertical. And then as a follow-up on the enterprise side, I think the number was a $2 billion pipeline. I think the slide deck says $200 million on orders this last quarter. How do we expect that to progress through this fiscal year? Thank you. Chuck Robbins: Thanks, Aaron. So let me want to just clarify the $3 billion number that we gave out was a revenue number from the hyperscale AI infrastructure in the fiscal year. I would say that the $1.3 billion were new orders that we took during the quarter from the same customers that we measured last year and it's the same products that we measured last year. So it's clear it is definitely apples to apples first and foremost. What we expect from an orders perspective this year is that we will we're expecting at least two times the orders that we received in fiscal year 2025 from that same set of customers. So we see a lot of solid pipeline throughout the rest of the year. And the use cases we see we see it expanding. Obviously, we've been selling networking infrastructure under the training models. We've been selling scale out. We launched the P200 base router that will begin to address some of the scale across opportunities. We clearly have seen great success with our pluggable optics. All of the hyperscalers now are officially customers of our pluggable optics. So, we feel like that's a great opportunity. Not only plug into our products, but they can be used with other companies' products with our competitors or white boxes. So that's been good. We've also begun to see inferencing use cases where we are, we're also winning there. I'd say that the other thing that we saw in Q1 is that we h”

Verify independently

SEC filings for CSCO ↗ · Quote is verbatim from the 2026Q1 earnings call.