Cisco has announced its financial results for the third quarter of fiscal year 2025, highlighting a compelling year of growth across various segments. The company reported a revenue of $14.1 billion, which marks an 11% increase compared to the same quarter last year. Notably, product orders surged by 20% year-over-year, with a remarkable 9% growth after excluding Splunk, and robust demand was observed across all geographic regions.
The company achieved a net income of $2.5 billion, translating to $0.62 per share on a GAAP basis, which signifies an impressive 35% increase in earnings per share (EPS) compared to the previous year. On a non-GAAP basis, net income reached $3.8 billion, or $0.96 per share, reflecting a 9% rise from the same period last year.
“Once again, Cisco exhibited strong quarterly results with substantial demand for our technologies,” said Chuck Robbins, chair and CEO of the company. “The momentum we’re experiencing, particularly with AI, is driven by the strength of our secure networking solutions, our trusted partnerships, and the significant value we provide to our clients.”
In the third quarter, Cisco’s AI Infrastructure orders from webscale customers exceeded $600 million, allowing the company to reach its $1 billion target a quarter ahead of schedule. The growth in product revenue was particularly buoyed by a dramatic 54% rise in sales of security-related products, alongside a 24% increase in observability and 8% in networking.
Cisco’s financial outlook remains optimistic, projecting Q4 fiscal year 2025 revenue between $14.5 billion and $14.7 billion with estimated EPS ranging from $0.62 to $0.67 on a GAAP basis. For the entire fiscal year 2025, guidance estimates suggest revenue in the range of $56.5 billion to $56.7 billion and non-GAAP EPS between $3.77 and $3.79.
Additionally, Cisco has declared a quarterly dividend of $0.41 per share, reaffirming its commitment to returning value to shareholders. As noted, the company successfully closed its acquisition of SnapAttack during this quarter, which enhances its operational capabilities.
Cisco’s performance underscores its ability to navigate a dynamic technology landscape while meeting evolving customer needs. The positive earnings report coupled with a forward-looking statement enhances confidence in Cisco’s sustainable growth and capacity for innovation in future quarters.