Networking technology giant Cisco (NASDAQ:CSCO) reported revenue ahead of Wall Street’s expectations in Q1 CY2026, with sales up 12% year on year to $15.84 billion. On top of that, next quarter’s revenue guidance ($16.8 billion at the midpoint) was surprisingly good and 6.5% above what analysts were expecting. Its non-GAAP profit of $1.06 per share was 2.3% above analysts’ consensus estimates.