CLAIM #17932 · Cisco Systems Inc (CSCO) · 2026Q3 earnings call · May 13, 2026

“Non-GAAP earnings per share is expected to range from $4.27 to $4.29.”

Mark Patterson · CFO

How to check this claim

Look at: Non-GAAP diluted earnings per share, full fiscal year 2026

It came true if: Fiscal 2026 non-GAAP EPS between $4.27 and $4.29

Where: Company press release / 10-K non-GAAP reconciliation (fiscal Q4/full-year earnings report)

Knowable after: 2026-08-31

In context

“in place through the end of our fiscal 2026. Looking ahead, you can expect us to continue our focus on durable growth with financial discipline driving operating leverage and continued capital returns. For fiscal Q4, our guidance is as follows: we expect revenue to be in the range of $16.7 billion to $16.9 billion. We anticipate non-GAAP gross margin to be in the range of 65.5% to 66.5%. Non-GAAP operating margin is expected to be in the range of 34% to 35%. Non-GAAP earnings per share is expected to be in the range from $1.16 to $1.18. We are assuming a non-GAAP effective tax rate of approximately 19%. Cisco is positioned for its strongest year ever as indicated in our guidance for fiscal year '26, which is as follows: we expect revenue to be in the range of $62.8 billion to $63 billion. Non-GAAP earnings per share is expected to range from $4.27 to $4.29. Sami, let's now move into the Q&A. Ahmed Sami Badri: Thank you, Mark. Before we start the Q&A portion of the call, I'd like to remind analysts to ask one question and a single follow-up question at the time. Operator, can we move to the first analyst in the queue? Operator: Amit Daryanani with Evercore ISI. Amit Daryanani: Congrats on a nice set of numbers here. I guess, Chuck, maybe just to start with the first question was, if I think about the back half guide, specifically the July quarter guide, it really implies that revenue growth is accelerating into the low teens, which is a nice bump up from the longer-term framework you guys have historically had. Can you just talk about the durability of this double-digit growth? Are you starting to see enterprises starting to upgrade their net”

Verify independently

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