Summary
Cisco Systems, Inc. (CSCO) has filed an 8-K report on February 11, 2026, announcing its financial results for the fiscal second quarter 2026, which ended on January 24, 2026. The filing includes a press release detailing these results, which provides both GAAP and non-GAAP financial metrics. Investors should note that Cisco's non-GAAP figures exclude items such as share-based compensation expense, amortization of acquisition-related intangible assets, acquisition-related/divestiture costs, significant asset impairments and restructurings, litigation settlements, gains and losses on investments, and related tax effects, among others. The company emphasizes that these non-GAAP measures are used to provide useful information regarding financial and business trends alongside GAAP measures. Management utilizes these non-GAAP figures, which exclude certain non-cash or irregular items, for internal budgeting and review. The press release (Exhibit 99.1) is expected to contain forward-looking estimates for gross margin, operating margin, tax provision rate, and EPS on a non-GAAP basis, offering investors insight into management's future expectations.
Key Highlights
- 1Cisco Systems reported fiscal Q2 2026 results on February 11, 2026.
- 2The report includes financial results for the quarter ended January 24, 2026.
- 3Both GAAP and non-GAAP financial measures are presented.
- 4Non-GAAP measures exclude items like share-based compensation, acquisition-related intangibles amortization, and restructuring costs.
- 5Management uses non-GAAP figures to assess business trends alongside GAAP results.
- 6The accompanying press release (Exhibit 99.1) contains future estimated ranges for key financial metrics on a non-GAAP basis.