CLAIM #17921 · Cisco Systems Inc (CSCO) · 2026Q3 earnings call · May 13, 2026

“We expect to recognize approximately $4 billion in AI infrastructure revenue from hyperscalers in fiscal year '26.”

Charles Robbins · CEO

How to check this claim

Look at: AI infrastructure revenue recognized from hyperscalers, fiscal year 2026

It came true if: FY26 AI infrastructure revenue from hyperscalers >= $3.8 billion (approximately $4 billion)

Where: Company-disclosed segment/revenue commentary (10-K / Q4 FY26 earnings call)

Knowable after: 2026-11-30

In context

“rowth in service provider routing and compute and double-digit growth in data center switching, campus switching, wireless, enterprise routing and industrial IoT products. This marks the seventh consecutive quarter of double-digit growth for our networking portfolio overall. AI infrastructure orders taken from hyperscalers totaled $1.9 billion in Q3 compared to $600 million in the year prior, with strong growth across our Silicon One systems and market-leading Acacia Optics. The year-to-date total of $5.3 billion in orders taken from hyperscalers already exceeds our prior expectations of $5 billion for FY '26 with a full quarter remaining. Given the strong demand, we now expect to take AI infrastructure orders of approximately $9 billion from hyperscalers in FY '26. 4.5x our FY '25 total. We expect to recognize approximately $4 billion in AI infrastructure revenue from hyperscalers in fiscal year '26. Our Acacia business had its strongest quarter to date with more than $1 billion in orders in Q3 and is on track to grow over 200% year-over-year in fiscal year '26. Acacia is leading the coherent pluggable optics market, and we saw strong momentum across this business. To date, we have shipped over 750,000 400-gig and over 40,000 800-gig coherent pluggable optics, which we believe far exceeds the next largest supplier shipments for both speeds. We had 5 new design wins with hyperscalers in Q3, 2 for optics, each with different hyperscalers and 3 for systems, including the first 2 wins for our Silicon One P200-powered system for major scale across use cases and a Silicon One G200 powered system for a scale-out use case. Separately, we took approximately $300 million in AI infrastructure or”

Verify independently

SEC filings for CSCO ↗ · Quote is verbatim from the 2026Q3 earnings call.