Summary
Cisco Systems, Inc. (CSCO) has filed an 8-K report on August 12, 2026, to disclose its financial results for the fourth quarter and full fiscal year 2026, ending July 25, 2026. The filing primarily includes a press release (Exhibit 99.1) detailing these results. A key aspect of this report is Cisco's use of non-GAAP financial measures, which management believes provide useful insights into business trends when considered alongside GAAP measures. These non-GAAP figures exclude items such as share-based compensation, amortization of acquisition-related intangibles, acquisition/divestiture costs, significant asset impairments and restructurings, litigation settlements, gains/losses on investments, and certain tax-related items. Investors should note that while these non-GAAP measures offer a view of operational performance excluding specific non-recurring or non-cash items, they are not a substitute for GAAP reporting and may differ from measures used by other companies. The press release is expected to contain detailed figures for non-GAAP net income, gross margins, operating income, tax rates, and earnings per share, as well as forward-looking estimates for these metrics. Investors are advised to review the full press release for specific financial data and the accompanying reconciliations to GAAP.
Key Highlights
- 1Cisco reported its fiscal fourth quarter and full fiscal year 2026 results on August 12, 2026.
- 2The report includes a press release (Exhibit 99.1) with detailed financial results.
- 3Cisco utilizes and provides non-GAAP financial measures alongside GAAP measures.
- 4Non-GAAP measures exclude items such as share-based compensation, acquisition-related costs, and amortization of intangibles.
- 5The company believes non-GAAP measures offer valuable insights into operational trends.
- 6Future estimated ranges for key financial metrics (gross margin, operating margin, tax rate, EPS) on a non-GAAP basis are also provided.
- 7Investors should consult the full press release and GAAP reconciliations for a comprehensive understanding.