CtrlK
CSCO
NASDAQ
Communications
$111.94
USD
+$2.28 (+2.08%)
At close: Jul 17, 2026, 4:00 PM EDT
Market Cap:
$432.22B
Volume:
28.3M
Previous Close
$109.66
Day Range
$108.91 - $113.23
52 Week Range
$65.75 - $130.37
Average Volume (10 Days)
21.8M
P/E Ratio (TTM)
36.14
Dividend Yield
1.51%
Cisco Systems, Inc. engages in the design, manufacture, and sale of Internet Protocol-based networking products and services related to the communications and information technology industry. The company is headquartered in San Jose, California and currently employs 86,200 full-time employees. The firm is integrating its product portfolios across networking, security, collaboration, applications and cloud. The firm's segments include the Americas; Europe, Middle East, and Africa (EMEA), and Asia Pacific, Japan, and China (APJC). Its Networking product category represents its core networking technologies of switching, routing, wireless, fifth generation (5G), silicon, optics solutions and compute products. Its Security product category consists of its cloud and application security, industrial security, network security, and user and device security offerings. Its Collaboration product category consists of its meetings, collaboration devices, calling, contact center and platform as a service (CPaaS) offering. Its Observability product category consists of its full stack observability offerings.
CEO
Mr. Charles Robbins
Headquaters
San Jose, CALIFORNIA, US
Founded
1990
Employees
86,200
PartnerOne, an enterprise software acquisition group, has acquired ISI Analytics, a provider of analytics and operational intelligence tools for Cisco Webex, Microsoft Teams, and other collaboration platforms. The acquisition aims to accelerate product innovation and expand ISI Analytics' leadership in enterprise collaboration monitoring as AI becomes more embedded in workplace communication tools.
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Cisco filed Worker Adjustment and Retraining Notification (WARN) letters detailing layoffs of 471 employees across three California locations, primarily affecting software engineering roles. These cuts are part of a broader restructuring announced in May that will eliminate nearly 4,000 jobs globally, or less than 5% of the workforce, as the company refocuses resources on strategic growth areas including AI infrastructure.
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Cisco reported record third-quarter revenue of $15.84 billion and nearly doubled its AI infrastructure order forecast to $9 billion for fiscal 2026. Despite the strong results, the company is cutting fewer than 4,000 jobs—about 5% of its workforce—as it redirects resources toward AI-related priorities including silicon, optics, and security.
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Cisco announced it will eliminate fewer than 4,000 jobs—less than 5% of its workforce—as part of a restructuring to shift resources toward AI infrastructure investments. The move follows record Q3 revenue of $15.8 billion and comes as the company raised its fiscal year AI infrastructure order outlook from $5 billion to $9 billion amid surging hyperscaler demand.
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AAOI
Applied Optoelectronics Inc
$102.41
+2.2%
